Eur/Jpy

Managed to EUR / JPY EUR / JPY to stabilize above 134.00 and rebounded to the upside to reach a new daily summit after the opening bell on Wall Street at 135.31. The pair is testing an important support located at 135.30.

A stronger euro in general, and push the pair higher. But so far, the march culminated through 135.30. A break above could open the door to a height of around 135.70 (summit May 6).

At present, Vidol pair at 135.20, up by 0.60% on the day. Stays near peaks despite the fact that the low dollar pair / JPY USD / JPY fell to 119.02, the lowest level in two weeks.

The price of the pair continued to form a rising waves during yesterday's trading to note the frequent stability around the 135.50 derives more positive momentum steadily pivotal support at 133.50, mention the stability of the first target around 136.70 and wait exceeded the price for this level confirmation to try his arrival the next target at 137.70.

Stochastic is approaching the level of 80 for support in line with the tendency to control the rising moving average and is supported by the continuation of the acquisition price for the desired torque to achieve the previously stated objectives.

Expected trading range for today between 134.70 and 136.80

EURJPY confirmed the price of the pair attachment to control the rising tendency after the wave shape an emerging new turn for touching the pivotal support at 133.50, so we will stay awaiting the arrival of the price target expected previously at 136.80 which crossed will increase the positive pressure and supports the attempt as he arrived for the level of 137.70.

Spoiler:

http://vvcap.net/db/wpTEGGrUjjzpwv4l8geS.png

Daily Forecast

Major Trend: Bullish
Time Frame: H1
Reason: The fourth wave has been completed, then going to the bottom trendline, is predicted to be the pivot point today at 134.99
Recommendation: Sell

EUR/JPY has shifting into a consolidation pattern after the break of the resistance at 135.20. Support is located at 133.07 (uptrend floor). The short-term technical structure favors a bullish bias as long as the support at 131.30 holds. Next resistance stands at 136.70 (11/02/2015).

The price of the pair upside wave form strong during yesterday's trading to assure us we expected bullish and approaching the first target level of at 136.80, support moving average continued its shown persistence at 133.50 confirms the rising control for the coming period and to recall that the previous price target exceeded will confirm the arrival of the level of 137.70 to form the second goal of the mile rookie.

We also note the stochastic approach of saturation level of purchase to confirm the bullish expectation and supports the acquisition price previously required for the moment.

Expected trading range for today between 134.70 and 136.80

bhai main abhi eur ko sirf buy karne par bhi vishwas kar raha hoon, bahut uper ho raha hai, selling karna mere hisaab se dangerous ho sakta hai, maine eur/jpy ko bhi buy par hi earning kari thi bhai, aur sell karunga nahi isko bhai.

Quote:

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Originally Posted by dareking

bhai main abhi eur ko sirf buy karne par bhi vishwas kar raha hoon, bahut uper ho raha hai, selling karna mere hisaab se dangerous ho sakta hai, maine eur/jpy ko bhi buy par hi earning kari thi bhai, aur sell karunga nahi isko bhai.

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bhaiya g last week ma sell ma tha aur es karan kafi heavy loss howa hay ,abi es pair ka trend up hi lakin market ka para nh chalta hay kisi bi waqat market ka trend change bi ho sakta hay bhaiya g .:)

EUR/JPY probable top underway, bearish from now on: market expects EUR weakness to exceed JPY one, and send the pair back towards the 130.00 region. and in myopinion this pair can go up in the next days.

sahe kah rahy ho ap yai pair bhut he smoothly move karta hai aur mera favt hai kio k is pair mai hum bhut kuch move expect karty hain yai mere indicator par pura utarta hai bas humy us par thoura focus karna parta hai aur fir work bhut he easyly hota hai hamari trade mai always hum behter kar sakty hain profit...