eur/jpy is still down... weekly moving average is down, and daily moving average is down to... so i remonded to sell it wiyh TP @1.3100 i suggest to eurjpy will hit it
Thread: Eur/Jpy
eur/jpy is still down... weekly moving average is down, and daily moving average is down to... so i remonded to sell it wiyh TP @1.3100 i suggest to eurjpy will hit it
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Spoiler:
Daily Forecast
Pair: EURJPY
Major Trend: Bearish
Time Frame: Daily
Reason: While the market is still sideways in the area weekly pivot point at 132.88, while the opening of the market today, is below. It is predicted that the market will go down to 128.40
Recommendation: Sell now
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I think that the resistance level at 134.23 will give us a good opportunity to get in short position with take profit at 132.48.
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Daily Forecast
Pair: EURJPY
Major Trend: Bearish
Time Frame: Daily
Reason: 2 The day before, the price began to make corrections. Predicted to lead to a previous support area, at the price of 135.07 or only to the area of the first weekly resistance at the price of 134.92
Recommendation: Buy now with a target of 134.92
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analysis for today 1 / 28 / 2015
EURJPY
Resistance : R1 134.43 R2 134.68 R3 134.88 R4 135.18
Support : S1 133.45 S2 133.20 S3 133.00 S4 132.70
Open : 134.13
High : 134.20
Low : 133.68
Range : .52 Pips
Running Price : 134.15
Strategy : BUY at the level 134.15 stop loss at the level 133.45 target take profit at the level 134.88 or at the level 135.18
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EURJPY is Bullish today
Price is currently testing resistance at 134.48
As a trading strategy, chances sell at the level 134.48
with potential targets to the range 134.68 - 134.98
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I think that breaking the support level at 132.94 will make the price fall down more to the support level at 130.89.
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EURJPY
Jan. 27, 2015, 09:53
Sell on a level breakthrough of 132.43 with 130.18 target. Stop loss = 133.00.
Reason for the trading strategy
Resumption of hostilities in the south-east of Ukraine plays into the hands of the defensive yen and is clearly not conducive to the growth of demand for the euro. Completion of the adjusting rebound of the euro paired with the dollar gives market participants a good opportunity for opening the next set of short positions in the euro cross rates.
EURJPY, H4
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analysis for today 1 / 27 / 2015
EURJPY
Resistance : R1 133.62 R2 133.87 R3 134.07 R4 134.37
Support : S1 132.69 S2 132.44 S3 132.24 S4 131.94
Open : 133.12
High : 133.44
Low : 132.87
Range : .57 Pips
Running Price : 132.92
Strategy : BUY at the level 132.92 stop loss at the level 132.69 target take profit at the level 134.07 or at the level 134.37
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.
EURJPY is Bullish today
Price is currently testing resistance at 133.67
As a trading strategy, chances sell at the level 133.67
with potential targets to the range 133.87 - 134.17
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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