the pair has stated it's trading week above the level of 130.99 and that's mean that the up trend is expected this week and the pair might head to 129.80 and then 129.00
Thread: Eur/Jpy
the pair has stated it's trading week above the level of 130.99 and that's mean that the up trend is expected this week and the pair might head to 129.80 and then 129.00
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the market is in a downtrend but the price has bounced from the support level at 126.45 the pair at the daily time frame had relased a double dogi in the hourly time frame the price is ina side ways movment between the support level at 126.45 and the resistance level 133.5 the daily pivot level is at 130.88 , 131.42 , 132.03 , 132.57 and the daily support level are at 130.27 , 129.73 , 129.12
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Basic levels of EUR/JPY:
131.66: Fibonacci retracement level of 61.8% over the range of the pair trading in March between 134.60 and 126.91.
131.50: medium-sale offers.
131.24: Fibonacci correction rate of 76.4% during the course of the pair down from 131.51 to 130.55.
130.84: Fibonacci retracement level of 61.8% during the pair's trading range throughout the day between 130.59 and 131.24.
130.50: Buy requests medium.
130.14: Fibonacci retracement level of 61.8% during the course of the pair emerging from 129.29 to 131.51.
129.75: Fibonacci correction rate of 38.2% during the course of the pair emerging from 126.91 to 131.51.
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Unregistered (1)
Pushed the price of the pair trades yesterday to achieve the level of 131.35 died trying to provide stochastic for the determination of a new bullish, remember that we are still waiting for a breakthrough price to the level of 131.70, which would open the way for the price to test the next resistance at 133.50 and represents a target expected near term.
Stochastic attempts to stabilize positively Bthbath above the level of 50 and supports the acquisition price for the determination of the positive and desired to achieve the previously stated goals.
Expected trading range for today between 129.70 and 133.50
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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.
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.
March 24, 2015 update:
The price of the pair moves starting wave (126.91) It is noted that the limits of the line the main direction drawn to this wave along the between-level (129.87) and (129.35 is worth mentioning that the current wave goal access to the area (131.72) and with respect to trades that day will be watching the movement Price among level (131.71) and level (130.32) to seize the opportunity of early entry, technical studies indicate that in the case of a sale, the nearest level can be tested is (129.29) In the case of increased sales to close four hours below this level, the downward trend will continue, On the other hand, in the case of purchases is the closest level to be tested is (131.36) In the case of increasing purchases four-hour closing candle above this level, the upward trend will continue, support and resistance levels are as follows: support first (129.75) - the second support (128.49) - First resistance (131.82) - a second resistance (132.62).
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.
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.
March 23, 2015 update:
The price of the pair moves starting wave (126.91) It is noted that the limits of the line the main direction drawn to this wave along the between-level (129.10) and (128.86 is worth mentioning that the current wave goal access to the area (131.72) and with respect to trades that day will be watching the movement Price among level (130.12) and level (129.42) to seize the opportunity of early entry, technical studies indicate that in the case of a sale, the nearest level can be tested is (128.71) In the case of increased sales to close four hours below this level, the downward trend will continue, On the other hand, in the case of purchases is the closest level to be tested is (130.70) In the case of increasing purchases four-hour closing candle above this level, the upward trend will continue, support and resistance levels are as follows: support first (128.85) - the second support (127.78) - First resistance (130.84) - a second resistance (131.77).
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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