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Thread: Eur/Jpy

  1. #7739
    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 upward direction according to the dots below 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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  3. #7738
    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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    Hamzagoroo (2019-04-07)

  5. #7737
    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 0.012 area located above the balance level while at the same time the indicator is giving us a red 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 135.54 could be considered a good stop loss for if there were buy orders indicated by the indicators we are using.

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  7. #7736
    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 downward direction and thats due to the red dots above the candles if the price kept its position lower than the strong resistance 137.2867 which happens to be a weekly pivot level then I can assume that price would be taking a south direction till it reaches the weekly pivot support 135.1867 .
    On the other hand if the price penetrated the resistance at the level 137.2867 and blue dots appeared indicating bullish signals then I can assume that the price will be taking a north direction till it reaches the resistance of the level 138.6533 of the next Pivot level.
    .

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  9. #7735
    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 red arrow which indicates a bearish trend for now which has a top supporting it at 136.45 also it can be used as a strong resistance as the price shouldn't go above it the trend still as a bearish trend.
    And the dots of the parabolic sar indicator located above the candles and that sign for the price to go up In case of there are selling trades are taking place then i think that the 135.25 is a good place to close a part from your opening trades because the price has a good chance to go up after hitting it .

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  11. #7734
    Banned halloiasan is on a distinguished road halloiasan's Avatar
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    As you can see on the EURJPY chart the price is moving at a bullish channel. Now the price hits the low edge of donchain channel and I can say that a buy trades can be open by now targeting the high edge Stostatic by the way have a buy signal by having a bullish intersection near the 20 th level Finally a buy signal is shown on the awesome oscillator as you can see by having the bars below the 0 level and also the last bar is colored by green To make a clear decision from the previous givens the price have a higher chance to head up till the higher level of donchain channel but if you face the up edge of manually drawn channel then you have to close any buy trades and for more strength for your trades waiting for a buy signals drom awesome oscillator and stostatic is prefered

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  12. #7733
    Senior Member ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985's Avatar
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    pair- eur/jpy
    analysis time frame- m30



    the supporting trend line is break at the pivot point 136.03 level and price is moving to the lower daily support at the 134.99 now its moving up as correction and may rejecting with the moving average 50. short with the profit target at 134.50 and stop loss at the 135.90
    good luck

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  14. #7732
    Banned BURHANFX will become famous soon enough BURHANFX will become famous soon enough BURHANFX's Avatar
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    http://prntscr.com/4w442d
    analysis for today 10 / 14 / 2014
    EUR/JPY (Daily Trade)
    I think the movement is still in a bearish trend
    retracement (38.2%) 139.30
    Retracement (50%) 139.40
    retracement (61,8%) 139.50

    Extensions (61.8%) 138.44
    Extensions (100.0%) 138.11
    Extensions (138.2%) 137.78
    Extensions (161.8%) 137.58
    calculation based on a Fibonacci retracement then today I choose sell

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  15. #7731
    Senior Member RaKalan will become famous soon enough RaKalan's Avatar
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    the price of Eurjpy remains below the levels of strong resistance on the daily tf when the trading price of 136.00 and underneath
    Is an opportunity for the sale of the goals of up to 135.75 - 135.50

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    Hamzagoroo (2019-04-07)

  17. #7730
    Banned mikedmontier is an unknown quantity at this point mikedmontier's Avatar
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    Pair: EURJPY
    Type of analysis: Technical
    Time frame: H1
    Channel line: Bearish under pivot
    Fibonacci Indicator: Bullish retracement
    William %R Indicator: Bearish (continuation trend)

    Final decision: Bearish

    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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