Printable View
pair- eur/jpy
time frame analysis- m15
http://i61.tinypic.com/2qi8knr.jpg
the divergen of the macd indicator is moving to the zero level and the movement of the cci indicator is falling below the -100 level. this down movement can hold at the support at 139.40 level. hold the short entry with stop loss at 141.25
good luck.
Not only the price of the husband to provide the stability of a price above the level of 137.70 to note gained strong determination and to extend trading to record more profits by reaching the level of 140.30, we note from the attached drawing closer the price of the resistance of the ascending channel level, which form the main objective of the current period at 141.40 that causes us to control behavior price to achieve this goal.
Touched the price of the pair trading at yesterday's level of 141.00 influenced by positive force for the last trading but assures us his commitment to control the rising tendency previously expected, we will stay on the weighting of emerging attempts for the current period until touching the price level over the resistance which currently Tertkrz about 141.75 and then to observe the price to determine the objectives of the future period.
Daily Forecast
Major Trend: Bearish
Time Frame: H1
Reason: Market still in the third wave, then subsequently predicted to touch the upper trendline. The targets will be at 140.25
Recommendation: Buy
Stochastic stability within the saturation level of purchase supports the emerging attempts to contact with the main objective, but what should be noted to him that the attempt to liberate the cursor from the current level may push the pair to form some of the side oscillations to allow that area in front of Price to assemble a new determination and then his arrival suggested target.
eur/jpy ne 700 pips up hua hai kyunki usd/jpy up ho raha hai to ye pair usko dekhkar kaafi chalta hai ,esme sahi entry ka abhi wait karein jisse aap esko sell kar sakte hai aur aapko 200 pips long time trade karke mil sakta hai..
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: Trendline not sell, meaning the market is still going to continue the upward wave. Predictions for today the market will touch the upper trendline at Fibonacci 261.8 in the first resistance do 140.14
Recommendation: Buy
Returned the price of the pair to make some trades regressive intraday falling from the top level of the investigator and settle on the level of 139.30 from his landing Stochastic saturation level buying, generally will tilt upward intact the level of the neck to form the head and shoulders bottom at 136.75 to stay pending the acquisition price for the determination of a rising again and then his arrival suggested target previously at 141.70 and then traded to stretch towards 142.60.
I bought EUR/JPY for the medium term - at least several days unless I get contradictory signals.
Reasons:
Bullish price action patterns on the daily chart. First a pin bar then a bullish engulfing bar
Price is crossing a small but still important pivot zone, the 115.00 area
The support on the daily chart at 113.50 is the bounce place. Multiple bottoms in this area = strong rejection.
target at least 116.50 or more; stop loss at 113.50. Again, this is a medium term trade
Spoiler:
[IMG]vvcap.net/db/aW77u3ntFQvz3hxmJhi8.png[/IMG]
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: Market still be a correction to the trendline support that might be in the daily pivot point at 140.10. The next highest target today is at 141.15 at 161.8 fibo
Recommendation: Buy