Subscribethree last day pair was dropped but now returned back to the work.my whole seanario for this pair will remain bullish as we can see daily chart though technical indicators providing mixed signals.
Thread: Eur/Jpy
three last day pair was dropped but now returned back to the work.my whole seanario for this pair will remain bullish as we can see daily chart though technical indicators providing mixed signals.
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eur jpy
awesome oscillator best indicator to signal to colors red colors down market and lime colors up market
up signal tp:30 pip
less:20 pip
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time frame- M15
the macd bar is close above the zero line and its also hold at the daily resistance at the 132.40 and moving up side with breaking the resistance at the 132.50. the price is having a good up trend movement so it will try to move at the resistance 133.00
trade type- long
target@133.00
stop loss@132.25
good luck.
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Eur/jpy analysis :
date : 09.17.13
time : 12:45 GMT
time frame : 15 min
current rate : 132.44
high : 132.67
low : 132.03
net change : 0.29%
overall trend : slightly bullish.
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EUR JPY formed short term bullish wave by recording 132.40 to continue its bullish attempts as we expected previously to visit 133.10 followed by 133.80 as positive targets in the upcoming period, but we need to breach 132.65 which represents an initial resistance level to confirm the expected positivity. Stochastic keeps supporting the positivity by reaching 80 level as appears in the above chart to support gaining the required positive momentum to breach 132.00 in the upcoming trading.
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today i like to sell this pair @ 132.73
my stop loss of the day @ 133.05
half take profit for today @ 132.43
and further half take profit @ 132.13
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EUR/JPY intraday: Still BEARISH trend.
Pivot@ 132.55
My choice: Open SELL positions underneath 132.55 with targets at 131.95 and 131.65 in extension.
Alternate choice conditions: On top of 132.55 take a look for further up-side with 132.85 and 133.3 as targets.
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The EJ looks still on bullish trend. It still traded below the MA 480 (monthly) and MA 24 (Daily). Just try and wait until the price at oversold condition. It was reached when the WPR at -100. And set buy order on it.
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EUR/JPY pair is now up trend. The price already breakout daily resistance 1 level (132.392). I think the price may touch daily resistance 2 level (132.652).
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My daily trading,I hope the day is a success ...
EUR/JPY (Daily Trade)
Open : 132.09
Resistance : 132.95 133.15 133.45
Support : 132.08 131.88 131.58
High / Low : 132.62/ 132.03
Range : 59 pips
Running Price : 132.50
for intraday trade today suggest BUY at the level 132.50, stop loss at the level 132.08, target take profit at the level 133.15
===GOOD LUCK===
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