Thread: Eur/Jpy
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eur/jpy technical analysis basis of stochastic(5,3,3) and adx(14) for last few hours
stoch(5,3,3)
main : 17.74
signal : 27.02
adx(14)
adx : 32.11
+di : 16.80
-di : 21.19
so we see the market
condition : neutral
overall trend : bullish
timeframe : m15
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EUR/JPY has seen a strong rebound from the 55 day ma at 131.35 and remains under pinned by the 130.57/30 3 month uptrend. The intraday charts are suggesting intraday rebounds will struggle around current levels for another slide lower, however are giving conflicting signals and it is not clear.” Our pesronal aspect of view is that traders should bear in mind that is very crucial if the pair manages today to have a clearly close above the 21-DMA as of 132.62 (also yesterday’s high), which would give further uptrend momentum to the pair – all other equal – to move closer to the crucial, psychological level as of 133.00 area.
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Price is currently in consolidation zone with Lowest: 131.65. Price can be strengthened to form the new HL FR TFH4 at 61.8% and a maximum of 50.0% in FR as last SBR area. Enormous potential weakness with a target price Lowest latest creation. EURJPY today opened above the pivot, the pair is likely to move up to a level of 132.73 to 133.29, but if the price broke down below the pivot, the pair will likely go down to the level of 131.51 to 130.85.
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On pairs EurJpy has my analysis on the current market position at point 132.84 and timeframes H1.
I use indicator Stoch (5,3,3) then it will be the value at point 85 so that more directed at the SELL
if data from calculation from Yesterday High of 132.63 and Yesterday Low of 131.4 then pivot on 132.07
so I recommend you to SELL to take profit on 132.64 and stop loss at 133.04. Good luck and hopefully profit.
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e ha ma be is ma he tring kart ho is mabht pasa kamt ho is ke boht momint ha is boht pasa ap be ka sakt ho sab ko is fore ma boht pasa milt ha sab ko s bohtpasa kamn ha to is boht pasa invst karo r paasa kamo sab ko ya kam obopht pasa kart ha
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 technical analysis basis of stochastic(5,3,3) and adx(14) for last few hours
stoch(5,3,3)
main : 75.32
signal : 80.61
adx(14)
adx : 40.88
+di : 25.34
-di : 8.42
so we see the market
condition : ob
overall trend : bullish
timeframe : m15
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Once in the prediction of several indicators for the technical analysis of currency pairs EURJPY on the market today are at the 132.08 pivot then I recommend you to do the open position BUY with some criteria such as the following
You put a take profit at 132.3 positions. You put a stop loss at 131.7 positions
that's indicator Bollinger Bands is BULLISH then Support and resistance at
Pivots = 132.08
R1 = 132.75
R2 = 133.31
R3 = 133.98
S1 = 131.52
S2 = 130.85
S3 = 130.29
For long-term targets remain BUY with a target of 50 pips profit
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The following data is predicted based on indicators that we use for the currency pair EUR/JPY today, for today's support and resistance levels as follows: (R3=133.98), (R2=133.31), (R1=132.75), (Pivots=132.08), (S1=131.52), (S2=130.85), (S3=130.29)
recommendation:
place your sell stop at 132.28 target profit at 132.48 (Seller zones)
place your buy stop at 131.88 profit target at 131.68 (buyer zone)
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My analysist for eurjpy today,03 october 2013 using open price market at 00.00 broker time strategy.
This analysist is using the open market price and using dolly graphic indicator.
With this indicator, we place trapping buy stop and sell stop
pending order today
buy stop 132.39 tp 132.59 sl 131.79
sell stop 131.99 tp 131.79 sl 132.59
may pip always with us
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