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It is possible you have to be patient when you want to do the OP on this morning, you should have to wait for confirmation of some of the indicators that most likely will be no confirmation on this moving average indicator that will soon cross. If it happens it will most likely increase is quite high and is likely to reach the level of R3: 124.62 or may be higher than that.
http://s22.postimg.org/m1gt9kcb5/ciocio_67.jpg
http://i66.tinypic.com/igx9jm.png
EUR/JPY is hafte bearish raha aur SAR ne jese dikhaya is hi tara gaya magar ab hum dekhre hain k bar bar recovery ki taraf jane ki koshish horahi ha aur peechle 2-3 hafto mai 400-500 pips ka fall hua ha jis se hume lagta ha 100-150 pips ki recovery must ha jo shayad ane wale hafte mai dekhi jai gi.
pair- eur/jpy
time frame- daily
technical analysis-
http://i66.tinypic.com/14e2rde.jpg
the down movement of the price is falling to the support at 122.20 level and the stoch indicator is also showing oversold. at the level its up movement can expected if the price is close above 123.60 level then make long entry with stop loss at 121.00 and profit target at 127.00
good luck
pair- eur/jpy
time frame- daily
technical analysis-
http://i66.tinypic.com/34rhetz.jpg
the down movement of the price hold at the support 121.40 level and may be again up side. price may setup double bottom or channel pattern with having resistance at 127.70 level. long with profit target at 127.50 and stop loss at the 121.30
good luck
The price of the pair affected trades this morning a strong passively to rebound from the level of 126.45 and tested so the 38.2% Fibonacci and goal at 123.15 (which was measured by the price fall from the swing high at 169.60 and achieved the level of 94.21), in the event of the stability of this level and composition of the strong support we continue tipping tilt upward until the arrival of the first target at 124.50 and then renew attempts towards achieving the awaited target around 127.10 earlier.
http://i.imgur.com/kqVA46f.png
[IMG]http://www.m5zn.com/newuploads/2016/...4fe3ae9ce8.png[/IMG]I see in this chart is that there is saturation Ge sales in stochastic and I think that goal will be the first resistance at 123.400
Price fell pair trades yesterday without the support level of at 123.15 to postpone this emerging attempts to observe incurred some losses by reaching towards 121.90, note that the weighting rookie will remain based mainly steadily key support at 121.35 and we keep waiting for assembling Asking price for the moment and then to repeat the attempts to stabilize above 123.15 and then to extend trading around 124.50.
http://i.imgur.com/j91lsTj.png
Access Stochastic towards the oversold compared to the stability of the price above the main support supports the positive control for the next period as previously expected, so you should observe the pair well in the event of contact with the main support to avoid any attempt to change the general direction as the previous data.Quote:
Originally Posted by TheFxTrader
you can get from the chart that the prices of the EURJPY is moving on the area above the Ichimoku Cloud while the indicator have a orange color for now which let us think about the long term direction of bullish leading the price to the next resistance area aprroximate at 122.6 prices.
Within the main direction there are a bearish cross between the two lines of Tenken Sen and the Kijun sen where the green line of tenken sen goes below the red kijun sen line then we can be informed about being in a week direction as the cross comes against the previous trend of the Cloud.
121.9 Finally I think due to this situation the resistance area that founded at 122.25 have a big opportunity to be hit before the target of 122.6 arrived.
http://imagizer.imageshack.com/img92.../2FRYZN.th.gif
After the today start the cost goes above the Trendline meter and leads the market to a upward trend followed by the price consecutive rising audition the upcoming resistance standard at 121.55 as the next mark action. On the other hand the bullish trend still still not still assured by the set of drift indicators as they don't have all a bullish signal so we can say the step is probably week at the moment. By the way the TDI indicator holds near the middle edge and have a sell signal that came as a good warning concerning the entry with the bullish direction till it changed the bearish signal.
http://fs5.directupload.net/images/160502/xdczox7m.gif