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Main ye thread EUR/JPY ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.
pair- eur/jpy
time frame-m30
http://i58.tinypic.com/iz9n6e.jpg
the down movement of the price has been break the daily support level one at 127.91 but hold at the support 127.55 level and the price is again in the up trend side. the rsi is also above the level 60 so its may again down from the resistance at 128.60 level. hold the short entry with stop loss at 129.00
good luck
The pair take a break EUR / JPY now until the last decent rally from 127.78 to the current levels and peaks previously mentioned. May avoid the yen, with a pair of $ / yen USD / JPY moved up to handle 119 and registers summit 119.336 EUR / USD EUR / USD rose about 50 points. Calendar does not bring a lot today, or this week, while the technicians with the formation of a bullish. Karen Jones, a senior analyst at Commerzbank said that the large variation in the daily RSI Indicator (Tri-contrast) on the way to 126.08 on Tuesday, and said that this reflects the loss of negative momentum and suggests a correction is likely higher. "The current upper peaks at 131.30 and 131.52 and the summit March 18 at 131.67 and 132.00 in February at the bottom of the display tremendous resistance while capped here, the market is still in the lead and provide temporary resistance by the MA 20 day at 129.27
Buy 128.05
Tp 128.45
Sl 127.60
I am already long on EUR/JPY Forex pair, It formed a Bullish Hammer on Weekly timeframe. Hopefully my 300 Pips profits will be secured before the week comes to an end.
Main ye thread EUR/JPY ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: Predicted have targets at 129.29 as a point of correction. And after that the market will go down again.
Recommendation: Buy with a target of 129.29
eurjpy price now @128.100 and daily open price @127.936 its give me sell signal, but depending on eurusd i suggest to wait and see... wait until ssame direction and europe open
*im use this technical only for open reacion in dop [daily open price], i dont guaranted its 100% win, i guaranted if u use good money management
daily overview for Eur-Jpy
r3: 129.79
r2: 129.29
r1: 128.61
s1: 127.43
s2: 126.93
s3: 126.25
the pair broke the triangle to down
so our trade for the pair is sell
pair- eur/jpy
time frame-m30
http://i62.tinypic.com/2wn1kdg.jpg
the down movement of the price is hold at the daily support 127.43 level and moving up side with having parabolic sar long signal. the price is also break the resistance trend line and daily pivot point at 128.11 level. its continue up if move above the 128.75 level. hold the long entry with stop loss at 127.50
good luck