Daily Forecast
Major Trend: Bearish
Time Frame: H1
Reason: Market still will go to a third support adjacent to the 423.6 Fibonacci at 137.43. Due to have formed a full bull candle.
Recommendation: Sell
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Daily Forecast
Major Trend: Bearish
Time Frame: H1
Reason: Market still will go to a third support adjacent to the 423.6 Fibonacci at 137.43. Due to have formed a full bull candle.
Recommendation: Sell
Repeat the price of the pair tested the level of initial support of around 138.00 to come back and is affected by the negativity on Stochastic to prevent him from positive impulse and to continue the lateral inclination effect until this moment, we expected rookie still intact main support level of the ascending channel and centered about 136.80 for the day and waiting for the success of the price compile the bullish momentum to resume this emerging attempts by reaching the level of 141.00.
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: The point correction is predicted to be at 139.55 which is tangent to the bottom line of envelopes. Then the market will still continue to targets 140.40
Recommendation: Buy
138.00 price strength level demonstrated in front of the recent negative attempts to observe the formation of the price of new emerging to prompt confirming the continuity of the emerging and projected previously control, we recall the importance of breakthrough price to the level of concentrated resistance at 141.00 to open that area in front of the price to record more profits starting from 142.15 down to the level of major resistance at 143.30.
Ft price pair trades yesterday some positive trading confirmation of the continuation of the rising and projected previously control by scoring the level of 140.45, we recall the importance of liberation price of barrier 141.00 to open the way for him to score more goals, which starts from 142.10 down to the Resistance Home at 143.60.
The price of the EURJPY pair did not succeed to reach the level of concentrated resistance at 141.05 to note machined to prompt an inverse instantaneous to postpone that emerging attempts until this moment, to get rid of the slow current trading we need to rush Stochastic above 50 to confirm the attempt to acquire the price upside momentum and then to try to get rid of the resistance to open the way in front of him to record more profits during the future period.
Trading Signal - 19/06/2015 - 10:00 (GMT +3)
Instrument: EURJPY
Time - 60min CHART
Trend & Condition - Upwards Weak
A Medium probability, entry signal to go LONG was given at 140.10 after the market found support at 139.45. Only the
downward break of 139.45 would cancel the bullish scenario.
Support & Resistances -
139.50 140.50
138.80 141.00
137.99 141.90
http://dl.dropbox.com/u/51561036/scr...620-022831.png
Still pair price stable below 141.00 until trading this moment to constitute a major obstacle to the resumption of the price of the main slope upward, we expect to continue a volatile price range narrow and emphasize the importance of the stability of the main support level of the ascending channel and goal at 137.80 to confirm Alstirh emerging for the coming period.
bhai Eur jpy abhi range mein move ho raha hai, lekin iska range hi kafi jayda hai, humare liye waise to ye kafi acha mauka hai, range mein sahi pips lene ka leki badi breakout jab hogi to kafi movement ek tarafa hogi bhai.
eur jpy mai mere pass kuch acaha he setup bana howa hai aur is mai mughy achea tarah sai trade ho he jati hai agar ap thoura trade par focus karty hain tou ap ko khud he strategy milta start ho jati hai itna muhskil nahe hota hai laikin ap ko proper time zrur daina hota hai to he is mai best ho sakta hai...
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