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Thread: Eur/Jpy

  1. #7839
    Senior Member ali90 is on a distinguished road ali90's Avatar
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    When we see the chart of EURJPY there is up trend with up arrows and blue candles in Henkin Ashi indicatror In the same time T3-Clean indicator makes an intersection with thw Snake indicator which make buy signal for now Finally there is blue signal at the trend-session that shows a strong possibility for up trend if we saw the last signal I think we should choose buy orders and it is the best betting for now for the buy operation target the resistance 137.41 is the best point to claim your profits

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  2. #7838
    Senior Member troykilson is on a distinguished road troykilson's Avatar
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    According to the analysis made upon the EURJPY chart today I do notice that a week bullish trend is taking place based on the oscillator which is now at 0.11 area located above the balance level while at the same time the indicator is giving us a blue signal which makes a week indication that a bullish direction is taking place on the short term. The moving average 5 on the chart giving us a UP slope the bottom located at the price 136.88 could be considered a good stop loss for if there were buy orders indicated by the indicators we are using.

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  3. #7837
    Senior Member aliali1 is on a distinguished road aliali1's Avatar
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    on the EURJPY one hour chart you can see a green arrow which indicates a bullish trend for now which has a top supporting it at 135.35 also it can be used as a strong support as the price shouldn't go above it the trend still as a bullish trend.
    And the dots of the parabolic sar indicator located below the candles and that sign for the price to go up In case of there are buying trades are taking place then i think that the 137.05 is a good place to close a part from your opening trades because the price has a good chance to go down after hitting it .

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  4. #7836
    Senior Member wench is on a distinguished road wench's Avatar
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    On our EURJPY pair today we can see that the price is taking a upward direction and thats due to the blue dots below the candles if the price kept its position higher than the strong support 134.7667 which happens to be a weekly pivot level then I can assume that price would be taking a north direction till it reaches the weekly pivot resistance 137.3367 .
    On the other hand if the price penetrated the support at the level 134.7667 and red dots appeared indicating bearish signals then I can assume that the price will be taking a south direction till it reaches the support of the level 133.1633 of the next Pivot level.
    .

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  5. #7835
    Senior Member hatrik is on a distinguished road hatrik's Avatar
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    The momentum indicator shows a clear cross on the EURJPY chart when the blue line heads above the red line to construct a very good buying signal for now On the Oracle Strength indicator a yellow color is shown and it is an indication for the bullish direction for the EURJPY pair.
    The blue color of the arrows can be a confirmation for the upward direction at the Oracle direction indicator.
    As a result of the previous indicators the Bearish trend would be appeared as the buy cross of the momentum indicator appears on the chart and the buy trades advised to be taken as the ATR indicator still showing a buy signals.
    .

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  6. #7834
    Senior Member ANDRIAS will become famous soon enough ANDRIAS's Avatar
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    http://prntscr.com/4yw4w7
    analysis for today 10 / 23 / 2014
    Below is the formula to determine the pivot point, support and resistance.
    Information candle EUR/JPYon the date 10 / 22 / 2014
    OPEN 136.05
    HIGH 136.19
    LOW 135.43
    CLOSED 135.51

    The third resistance (R3) 136.19 - ( 135.71 - 135.43 = 0.28 x 2 = 0.56 )= 136.75
    The second Resistance (R2) 135.71 + 136.19 - 135.43 = 136.47
    First resistance (R1) 135.71 x 2 = 271.42 - 135.43 = 135.99
    pivot points 136.19 + 135.43 + 135.51 = 407.13 / 3 = 135.71
    Support for the first (S1) 135.71 x 2 = 271.42 - 136.19 = 135.23
    Support second (S2) 135.71 - ( 136.19 - 135.43 = 0.76 ) = 134.95
    Third Support (S3) 135.43 - ( 136.19 - 135.71 = 0.48 x 2 = 0.96 )= 134.47

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  7. #7833
    Senior Member clark is on a distinguished road clark's Avatar
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    On the EURJPY chart we can see that the prices are currently upper than that 15 EMA line which could act greatly as a bullish trend sign for the day.
    A good downward direction signal is indicated by the power line indicator which is below the 50 level now.
    Also a low power of the bullish trend is shown by the power momentum indicator which is really important as it can be used to filter the buy position's entry.
    .

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  8. #7832
    Senior Member mary is on a distinguished road mary's Avatar
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    As we can see in the EURJPY chart the main trend is currently taking a down direction and thats because of the position of the 5 and 6 EMAs which are below the 35 EMA and as a result taking sell positions is the right choice once I get the confirmation from the other indicators that the direction will be bearish .
    The parabolic sar indicator shows that the price might be taking a downward direction according to the dots above the candles The MACD indicator is giving me a sell signal which is currently moving below the 0 level also the CCI line is performing a downward signal as is at the lower level.
    As a conclusion to what I said earlier I do think that selling would be the best choice for now according to the EMA locations that of course unless the price gave a bullish signal instead.
    .

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  9. #7831
    Senior Member ralf is on a distinguished road ralf's Avatar
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    We can see that the price of the EURJPY chart we can see that the price is moving below the EMA indicator wave to make a bearish direction during the day Also the RSI indicator shows a sell signal which shows by the line going below the center line of 35 This can be combined with the data from the Macd indicator that is shown by the green lines that going down to indicate that the market bears are dominating on the market for now I think that you should think in going for bears until another buy signals appears on the chart by getting the price above the wave of the EMA indicators.
    .

    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.


  10. #7830
    Senior Member RaKalan will become famous soon enough RaKalan's Avatar
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    The form of the price of the pair wave bearish trades yesterday, thus achieving a level of 135.70 but remains below the affected downside bias steadily resistance level based at 137.00, the slow trading resulting from the positive basis and provided by the stochastic to stay pending the compilation of price determination negative again and who will pay the price to achieve the objective expected previously about 134.10.
    The trading range for today is expected between 136.60 and 134.00

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