eur/jpy today's analysis basis of stochastic(5,3,3) and adx(14)
stoch(5,3,3)
main : 34.09
signal : 58.32
adx(14)
adx : 23.24
+di : 17.25
-di : 23.95
so we see the market
condition : neutral
overall trend : bearish
timeframe : m15
Thread: Eur/Jpy
eur/jpy today's analysis basis of stochastic(5,3,3) and adx(14)
stoch(5,3,3)
main : 34.09
signal : 58.32
adx(14)
adx : 23.24
+di : 17.25
-di : 23.95
so we see the market
condition : neutral
overall trend : bearish
timeframe : m15
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On pairs EurJpy has my analysis on the current market position at point 131.67 and timeframes H1.
I use indicator Stochastic Oscillator then it will be the value at point 60 so that more directed at the SELL
if data from calculation from Yesterday High of 132.03 and Yesterday Low of 131.15 then pivot on 131.56
so I recommend you to SELL to take profit on 131.44 and stop loss at 131.9. Good luck and hopefully profit.
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the market time at 10:30 on currency pairs EURJPY I have predicted that there is a signal SELL in the time frame H1
because I was referring to the indicator fibbonaci and pivot indicator to see support and resistance at R3=132.86, R2=132.45, R1=131.98, Pivots=131.57, S1=131.1, S2=130.69, S3=130.22
so I suggest to perform the requisite order SELL to
Take Profit 130.73 and Stop Loss 131.27
a target is likely to move by 60 pips
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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.
Eur/jpy analysis for 10.09.2013 by using pivot indicator.
r3: 132.85
r2: 132.45
r1: 131.97
pivot: 131.57
s1: 131.09
s2: 130.69
s3: 130.21
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analysis for today 10 / 9 / 2013
My daily trading,I hope the day is a success ...
EUR/JPY (Daily Trade)
Resistance : R1 132.19 R2 132.44 R3 132.64 R4 132.94
Support : S1 131.37 S2 131.12 S3 130.92 S4 130.62
Open : 131.51
High : 132.12
Low : 131.44
Range : 68 Pips
Running Price : 132.10
For intraday trade today suggest BUY at the level 132.10 stop loss at the level 131.37 target take profit at the level 132.64 or at the level 132.94
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Movements such as UJ also occur in pairs EURJPY, pivot broke this morning and is now testing the resistance level 1. Opportunities to continue strengthening to a level of 132.44 would happen if R1 is successfully penetrated, but if it fails, this pair has the potential to go back down to the pivot level.
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Daily Fibonacci calculation is only as information to you. This is not a reference or guideline for trade. if there is an error apologize in advance.
Date = 2013.10.09
Pair = EURJPY
R3 = 130.66
R2 = 131.00
R1 = 131.21
P = 131.55
S1 = 131.89
S2 = 132.10
S3 = 132.44
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.
Of observations by the method of technical analysis I have seen of the currency pairs Eur/Jpy and indicators that I use is the Bollinger Bands and fibbo on market time at 05:16.
It is seen that the position of the forex market are on point 131.96 and there is support and resistance on the
- R3 : 132.86
- R2 : 132.45
- R1 : 131.98
- Pivots : 131.57
- S1 : 131.1
- S2 : 130.69
- S3 : 130.22
besides Stochastic indicator shows the position of point 80 so that then I highly recommend you to open position SELL with
Take Profit is equal to 131.76 as well as Stop Loss at point 132.16
so that the target pips for today I think is at 60 pips
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.
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