SubscribeThe EURJPY found a good resistance zone around the 130.00 level where we can also find the 200 day EMA. From that zone the price bounces to the downside and could find a support around the 129.00 level.
Thread: Eur/Jpy
The EURJPY found a good resistance zone around the 130.00 level where we can also find the 200 day EMA. From that zone the price bounces to the downside and could find a support around the 129.00 level.
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Looking at the big picture, there's so much resistance coming up, I think I'll actually TP when this little run puffs out, maybe in 20-30 min ?
NB 129.950, calling it a day. Good Luck
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Hanif484 (2019-01-23), PAK (2019-01-23), PAK786 (2019-01-23), Tanveer333 (2019-01-23)
It's right at the 50SMA on daily. Will it have the strength to get up ?? I re entered with another trade, but I think only the one. Indecision friday after a big week
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Asif777 (2019-01-23), PAK (2019-01-23), PAK786 (2019-01-23), Tanveer333 (2019-01-23)
Risking $30 on this potential cracker and going to have a wine. Good luck!
Nb didn't want to risk the $30 even and came back to find I got stopped for $6. oh well. I'm done for the day
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.
Hanif484 (2019-01-23), PAK (2019-01-23), PAK786 (2019-01-23), Tanveer333 (2019-01-23)
good, steady rally on the EURJPY towards the 55 day EMA at the 129.40 level, which could act as resistance on the pair. Above the 55 day EMA, its next resistance could be the 200 day EMA around the 130.00 level. Below the 129.00 level, the most relevant support is at the 128.14 level where we can find the 200 week EMA.
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.
Asif777 (2019-01-23), PAK (2019-01-23), PAK786 (2019-01-23), Tanveer333 (2019-01-23)
Had 2 trades, just TP 1 at 128.807, other BE, will review TP for remaining, maybe 128.520 ??
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The EURJPY is having difficulty breaking above the 129.00 level, but the 55 and 200 day EMAs around the 130.00 level could act as resistance. To the downside, the 128.14 level may act as support.
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.
Hanif484 (2019-01-23), PAK (2019-01-23), PAK786 (2019-01-23), Tanveer333 (2019-01-23)
EJ, my new buddy. Thank you.
NB TP 1/4 trades just as I saved this pic. It was all too much for me.
Just TP 2/4 128.100
last 2 BE, it would be nice if hour could close above 128.000
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Asif777 (2019-01-23), FA148P (2019-01-24), PAK (2019-01-23), PAK786 (2019-01-23), Tanveer333 (2019-01-23)
The EURJPY tries to break below the 128.00 level, but it is leaving behind a long lower shadow on the daily chart. The pair may once again find a support at the 128.00 zone and stay boxed between that level and the 129.00 level
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.
Sell EURJPY continue at 127.9x - 128.0x
Sl 128.62
Tp1 126.8x
Tp2 125.2x
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.
Hanif484 (2019-01-23), PAK (2019-01-23), PAK786 (2019-01-23), Tanveer333 (2019-01-23)
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