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Uptrend is still intact in a triangle configuration. It should continue to rally to 115.024963 or 115.164932 if support around 114.510925 hold. After which a pullback to 114.510925 - 114.297585 zone is possible.
Key Point 115.08 Entry Point 114.44
Trendline1 114.36 Trendline2 114.36
Elliott 112.80 Closing 114.74
Ex-Low 113.86 Ex-High 114.94
Projection 115.86
Supports and Resistance levels
Support1 114.08 Support2 113.43
Resistance1 115.16 Resistance2 115.59
Pivot 114.51
Currently uptrend should end around 116.076202 - 115.660904 area. A correction down to below 114.917351 is expected. A rise above 115.919060 will abort the expected correction.
Key Point 115.90 Entry Point 115.31
Trendline1 114.57 Trendline2 115.52
Elliott 112.80 Closing 115.40
Ex-Low 114.69 Ex-High 115.43
Projection 115.86
Supports and Resistance levels
Support1 114.92 Support2 114.43
Resistance1 115.66 Resistance2 115.92
pivot 115.18
The EURJPY pair formed new positive rally to notice its attempt to breach 115.50 that formed good barrier against the bullish attempts, also, the stability of the main support at 113.65 supports the positive domination for the near term and medium term period, to keep waiting to reach 117.30 resistance.
its advance into higher levels, it may encounter resistance at 117.80 (May 31 high), 118.50 (April 26 low) and 119.20 (May 3 low). To the downside, support levels lie k 115.77 maybe we will see 116.17
and if break 115.12 then maybe
Supports and resistances:
115.15 **
114.75 ***
114.45 ***
113.92 Last
113.55 ***
113.10 ***
112.75 ***
hope it will be downside. last week we saw that this pair was down trend, i also predict this week will also be down, thank you
EurJpy main trade krnay kay liye aap ko EurJpy ko smjhna hoga Eur main trade krna bohot asaan hota hai q kay Eur ki market new traders kay liye best hoti hai aur is kay ilawa aap chaaho to aap is main jpy par bhi trade lga sktay ho is main bhi trade krna asaan hota hai
EURJPY, H4, Monday broke the support area 113,900.
During the last hours it has established itself in this position and it is appropriate to wait now for a movement that shows serious intentions to continue in downward direction.
If that happens, it will be good time to take a sell order and try to take profits near 112,500 level.
https://lh3.googleusercontent.com/Jz...024-h768-rw-no
you may take profit minimum 30 pips and stop loss also 40 pips i think now its time for this pair to go up..it can be bought from here till Bullish price action patterns on the daily chart. First a pin bar then a bullish engulfing bar
http://i66.tinypic.com/15piwzn.png
Is hafte humne dekha k EUR/JPY pair ne pehle down ki taraf movement ki magar hafte k band hone k kareb phir se market up gaye to hume filhaal careful rehna hoga trade karne pay kiu k koi clear trend nah ha.
EURJPY, H4, price downtrend and resistance area from 113,500 to 113,900; situation similar to the USDJPY, but with 113,000 level as a possible obstacle to vendors.
Strong price down reaction to wait before placing a sell order. Level 112,000 to 111,800 as a logical target to take profits.
https://lh3.googleusercontent.com/q3...024-h768-rw-no