Printable View
Form and rate the pair strong negative attack during yesterday's trading currently observe stability without the support price Triangle level and centered about 134.40 to calls us to a bearish bias for the next period to take, we will adopt Petrjihna bearish on the stability of the breached support level to form a turn key resistance and then to await the arrival of the price to the level of 132.80 and 132.00 respectively.
http://i.imgur.com/ws55VeF.png
analysis for today 10 / 29 / 2015
EUR/JPY (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 132.56
Retracement (50%) 132.75
retracement (61,8%) 132.94
Extensions (61.8%) 130.98
Extensions (100.0%) 130.38
Extensions (138.2%) 129.78
Extensions (161.8%) 129.40
calculation based on a Fibonacci retracement then today I choose sell
EURJPY: consolidation in the range of 132.35-132.70
EURJPY
Nov. 6, 2015, 10:10
Sell on a level breakthrough of 132.35 with 131.85 target. Stop loss = 132.85.
Reason for the trading strategy
In September, the industrial production in Germany fell by 1.1% (m/m) with a forecast of 0.6% (m/m) growth. The data indicate a contraction in the real sector of the Eurozone's largest economy. At a breakthrough of the support level of 132.35 opening short positions for the EUR/JPY pair is worth considering.
EURJPY, H1
https://www.exness.com/media/media/2.../2_ZcESYXh.png
Stochastic continues to provide negative determination in its stability below the level of 50, but we emphasize the importance of waiting to achieve the desired break and then access the next target at 130.50.Quote:
Originally Posted by Gamabunta
Achieved a pair price level of 133.20 yesterday affected by the steadfastness of the level of support stable at 131.95 to match it with the upside we expected yesterday, the price of some difficulties may face because of negative moving average of conflict with attempts to provide stochastic some bullish momentum index, but the positive expectation depends entirely on the support stability previously mentioned.Quote:
Originally Posted by Gamabunta
New pair price to provide side trading around the level of continuous support at 131.95 to postpone the rush rookie and expected previously due to the negative current Stochastic, we expect that price affected Bjanbeh instantaneous and wait for confirmation of the price for the next direction of either breaking the current support and restore downside bias to the target level of 130.50, or collect bullish momentum to try so stable test resistance at 135.00.
http://i.imgur.com/L7t156o.png
Form and rate the pair negative prompt strong during trading on Friday to test that level based on the 130.50 support and confirms influenced Balstirh side its shown persistence in the main axes until this moment, so do not again until this moment fluctuating price between the level of 131.95 resistance initial and steadily previously mentioned support.Quote:
Originally Posted by Gamabunta
Eur/jpy is my favorite pair in forex market. I am always trade in forex with only one pair and it is Eur/Jpy. I have good knowledge with Eur/Jpy because i have 3years experience with Eur/Jpy. At this moment the Eur/Jpy is stay on sell mode i hope it will be go buy mood very soon.
eur jpy has broken through the resistance level at the price of 133.19 on Thursday evening of the 3rd of December 2015 and is still strong for the ride. if eur jpy down will test those levels to go up towards the resistance level at the price of 136.37
je han forex ke trading main yeh bhe ek best pair hai trading ke liye agar ap log es ko achi tara se watch kro ge tu es se bhe ap log best earning kr kste ho yeh bhe life change pair hai or trading main eurusd ke bad eurjpy best hai es per trading ke ja sakti hai or bht juld ups and down hota hai,