Thread: Eur/Jpy
Stochastic stability within the saturation level of purchase will support the emerging control for the next period and opening the door for Price to gain more momentum until the arrival of the previously announced target.
Expected trading range for today between 137.70 and 141.20
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The price of the pair router affected by strong bullish note to penetrate the price level stable resistance at 136.70 and rushes toward a strong level of 138.85, the price exceeded the level of 137.70 supports emerging control for the coming period and to wait so try touching the price of the key resistance at 141.60.
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pair- eur/jpy
time frame analysis- m15
the major trend of the price is up side but now moving in the side way with having resistance at 138.60 level. the cci is above the 100 level and macd is above zero. if this is move below the 138.00 level then short with profit target 137.50
good luck.
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pair- eur/jpy
time frame analysis- m15
the daily resistance 137.47 level is not able to rejecting up movement but hold at the 137.85 level. the price may again down side as the cci indicator is moving out from 100 level. short with profit target at 136.65 level and stop loss at 138.00
good luck.
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Spoiler:
Daily Forecast
Major Trend: Bullish
Time Frame: Weekly
Reason: Last week, closed with a bullish candle, then the market will be bullish this week, but if the market is below 133.63, then the market will be bearish
Recommendation: Buy limit at 135.45
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Key indicators continue to provide upside momentum to note the approach of stochastic saturation level of the purchase, while the moving average is still maintaining its stability on the key support at 133.50.
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pair- eur/jpy
time frame analysis- m15
the cci indicator is moving above the 100 level and in the price chart it is also above the resistance at 135.85 level. it may again down side. if the price is move below the 135.80 then short with profit target at 135.00 and stop loss at the 136.85
good luck.
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The start of the pair price of trading this morning the formation of a new upward wave of support so he tried to get some concentrated resistance at 136.70, recall that level currently available for the price is a lateral area to wait for a break of previous resistance and then resume rising attempts to reach toward the next target at 137.60.
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pair- eur/jpy
time frame analysis- m15
the price is making higher to high and the macd indicator is making equal high. the price now down side from the resistance at 135.80 level and the macd is also moved below the zero level. short with profit target at 134.50
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.
it looks like prices will fall at that point.
good luck... it may encounter resistance at 117.80 (May 31 high), 118.50 (April 26 low) and 119.20 (May 3 low). To the downside,
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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