daily overview for Eur-Jpy
r3: 129.38
r2: 128.50
r1: 127.85
s1: 126.32
s2: 125.44
s3: 124.79
the pair is trade in up
so our trade for the pair is buy
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daily overview for Eur-Jpy
r3: 129.38
r2: 128.50
r1: 127.85
s1: 126.32
s2: 125.44
s3: 124.79
the pair is trade in up
so our trade for the pair is buy
pair- eur/jpy
time frame to analysis- m30
http://i59.tinypic.com/296hw0l.jpg
the price is up movement is not able to break the resistance trend line at 127.58 level and again down side with breaking the support of moving average 50. the price may continue down side. short with profit target at 125.55 and stop loss at 127.83
good luck
Affected by the price of the euro against the yen attack stochastic positive index, which is trying to create an opportunity for the price to assemble a new negative torque and note the price reaches the level of 127.50, in general, the trading to remain below the broken support and based at 128.70 will support the negative control expectations and remain until the arrival of the price to the level of 124.90.
Expected trading range for today between 128.10 and 125.00
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: It appears that the market is still reject in the second resistance at 127.74. Then the next goal is to 127.00, before rising again.
Recommendation: Buy limit in 127.00
EURJPY: Consolidation in the 126.00-127.45 range
EURJPY
April 16, 2015, 10:52
Buy on a level breakthrough of 127.45 with 128.38 target. Stop loss = 126.90.
Reason for the trading strategy
The EUR/JPY pair failed to break the upper limit of the 126-127,45 range due the adjustment of the EUR/USD pair from 1.0740 resistance level. Meanwhile, yesterday's statement made by M.Draghi gives hope for growth of the euro cross rates. The head of the ECB believes that the QE program in the euro zone brings its first positive results.
EURJPY, H4
https://www.exness.com/media/media/2015/04/16/2_1.png
daily overview for Eur-Jpy
r3: 128.93
r2: 128.19
r1: 127.24
s1: 126.55
s2: 125.81
s3: 125.36
the pair broke the down trend to up
so our trade for the pair is buy
pair- eur/jpy
time frame to analysis- m30
http://i59.tinypic.com/30w5tw4.jpg
the price is making lower to high and higher to high. its moving above the support of moving average 50 at 127.05 level and moved to resistance 127.84 level. the rsi is near to overbought side so correction can expected. hold the long entry with stop loss at 127.00
good luck
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: Seen the market is still going through its resistance of 128.49, and will further correction in 128.92
Recommendation: Buy with a target / Sell limit in 128.92
bhai eur/jpy mein to trading karke kafi maja aa gaya 2 din se iska trend ek dum clear tha, aur buy opportuntiy thi, maine isko niche se buy karke chor rakha hua tha, aur mujhe 150 pips ka profits hua hai bhai. :)
pair-eur/jpy
time frame-m30
http://i61.tinypic.com/29cpdnc.jpg
the up movement of the price is hold at the resistance at 128.60 level and the parabolic sar is also in the down trend side. if the price is moved below the support of moving average 50 then short with take profit at 127.30 and stop loss at 128.90
good luck
Spoiler: