Thread: Eur/Jpy
Now Today The Eur/Jpy at 132.49 I think We can order an SELL right this area and target would be 131.40 because next Monday most of European Bank holiday, Japan could take a messure for USD because USD/JPY is in 103.20 range and traders are expecting to reach to 105.00 So before going to high JPY must rebound and EUR/JPY could reach to 131.40 next Monday.
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eurjpy is trapped between 131.15 on the downside and 132.30 on the upside either side breakage can take market toward next step if it will break 132.30 than this pair can rally towards 133.80 1st and than 134.60 so if you are interested to buy this pair buy around 131.25 and stop loss @ 130.71 and take profit @ 133.80
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Short trend for the pair: UP
Expected targets for this day: 132.20 - 132.50
This scenario remains valid to continue the pair remains above the level of support: 131.15
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I see the pair will go to down way to 130.50
so our target sell from 132.50 and our target will 100pips
Good luck
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I see the pair will go to up way to 134.50
so our target buy from 132.50 and our target will 200pips
Good luck
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Continued stability to the price of the pair trades below the key resistance level at $ 133.00 almost to remain trading pending the formation of a corrective mile to reach the level of support, combined with 55 moving average at $ 130.20.
Observe the functioning price rising within the triangle model, which offers badges negative fractured to support the price of the triangle to provide a negative trading to reach 128.90 during the middle period.
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eurjpy we can see in the 1d chart the pair can close up the up trend line i see the pair will go to up way to 133.68 stochastic refers that the pair will go up
so our target buy from 132.38 and our target will 130pips
Good luck
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Hi,,,
in the chart 1h we can see the pair will go to down way in the future
I see the pair will go to 130.90
I expect from this analyze that the price will go to down way
RSI refer to the pair will go to down also...
so sell from 132.39 to 130.90
good luck
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EUR / JPY lowest knocked off overnight at 131.48, which includes more than 50 points during the European trading session to test the 132.00 barrier on the side for now.
After the movement of +0.18% above its opening, EUR / JPY will face short-term resistance at 132.17, then 132.64, 133.09 and last. Instead, the pair is projected to face support at 131.25, then 130.80, 130.33 and last.
"EUR / JPY continues to fluctuate within a relatively narrow range over the past few days, around the 132.00 level, while RSI continues losing bullish momentum. The pair also has broken up the short-term support when moving flat. We want to see the RSI moves higher while the price breaks and holds above 132.50 for 132.00 and should further confirm the upside. "
Support: 131.88, 131.76, 131.66
Resistance: 132.33, 132.21, 132.11
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I see the pair will go to down way to 131.08
so our target sell from 132.08 and our target will 100pips
Good luck
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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