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The price of the pair failed to provide new emerging trading influenced the formation of stochastic some of the negative waves to Nlahzz drop the price to the level of 135.20 again, recall that attempt to stabilize the price below the previous level would delay the emerging outlook and opens the door to price the negative swing until tested for the level of 134.50 and then to observe the price identify future goals better.
Are advised to take the neutrality of trading today to avoid volatility and reverse Ntzar Aser provide a new signal to emphasize that the main tendency for the coming period.
Similar to the decline against the US dollar in recent days, the euro fell against the yen still. The market participants believe the euro more and more risky and less expensive considering the current situation in particular vis-à-vis Greece. Speeches or interviews of various politicians could impact the course and cause strong movements, through coverage and speculation.
It made a pair price closure negatively clear below 135.20 to do so negative attempts and note its registration to the level of 134.75, approaching Stochastic saturation level sales confirms the negative attempts nearby for the period of stay awaiting the arrival of the price of the extension of the broken resistance at 134.10 and then begins to compile a new bullish momentum for the coming period.
The euro till undecided in this makret and its very risky to tradein euro pairs at this moment , actually the movement in this pair still stable with no clear direction so its very complicated what happend with te Euro pairs at this month.
The form of the price of the pair negative trades clear through on Friday, in line with the expected bearish and continuous steady price below average axis moving 55, so we will stay waiting to try the price reaches the level of 134.10 and then the price starts assembling a new positive momentum to pay for it to penetrate the Mediterranean axis of moving and restoring the rising tendency again.
Tried to price the pair return to the scope of the rising tendency during yesterday by scoring the level of 135.75, but the stability of the moving average in front of him form a strong constraint, forcing the price to stabilize at 135.30, stochastic starts positive determination Ptkhals of saturation level sales but are advised to wait to provide price to close the positive above the axis confirmation SMA positive to try to rush and then waiting for the arrival of the first target around 137.30.
main tu abhibis main new hon abhi me is kay bary me kuch bhi nahi keh sakta is liy me kii coment is bary me nahi kar sakta. par main yeh samjhta hon kay pair acha hai trading k lit
y.
We note that the failure of stability above SMA will re-side control of a new and easy way for the price to drop to the level of 134.10 and then tested for the level of 133.50.
Expected trading range for today between 134.10 and 136.70
General tendency is expected for today: neutrality continue until the picture becomes clearer as the previous data.
EURJPY
Price: 135.17 July 22 20:22
Movement: -28.8 Pips (-0.21%)
pivot
Support: 133.94
Pivot: 135.23
Resistance: 136.51
Technical indicators
Short Term: 60% Sell
Mid Term: 25% Buy
Long Term: 67% Buy
Recommendation: 8% Sell