today i like to buy this pair @ 130.37
my stop loss of the day @ 130.17
half take profit for today @ 130.57
and further half take profit @ 130.90
Thread: Eur/Jpy
today i like to buy this pair @ 130.37
my stop loss of the day @ 130.17
half take profit for today @ 130.57
and further half take profit @ 130.90
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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 Daily Signal technical Analysis 4H time frame
Resistance:3 132.60
Resistance:2 132.30
Resistance:1 132.12
Piviot Level: 131.83
suppot:1 131.53
suppot:2 131.35
suppot:3 131.06
best signal for trade good luck
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I did not post any eur/jpy chart Because I was very confusing earlier But Now I am very clear about my view that the rally from 94.10 to 133.81 in five wave Impulse was first leg of bigger correction and then B wave triangle approve and Now final decline for wave e and as it finish I would be look for a break above 132.00 and then then move towards 133.81 and then I am expecting atleast move towards 145.00 and then 174.00 where wave A will be equal to wave C so watch out this time as lot of traders looking or more correction but we need to remain flexible
regards
check the chart
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on currency pairs EUR/JPY I have predicted that there is a signal BUY in the time frame H1
because I was referring to the indicator fibbonaci to see support and resistance at R3=132.94, R2=132.63, R1=132.17, Pivots=131.86, S1=131.4, S2=131.09, S3=130.63
so I suggest to perform the requisite order BUY to
Take Profit 130.91 and Stop Loss 130.31
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.
On pairs EurJpy has my analysis on the current market position at point 131.46 and timeframes H1.
I use indicator Stoch (5,3,3) then it will be the value at point 70 so that more directed at the BUY
if data from calculation from Yesterday High of 133.32 and Yesterday Low of 131.55 then pivot on the support and resistance at
Pivots = 131.86
R1 = 132.17
R2 = 133.63
R3 = 133.94
S1 = 130.4
S2 = 130.09
S3 = 128.63
so I recommend you to BUY to take profit on 131.76 and stop loss at 131.16. Good luck and hopefully profit.
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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.
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.
It is seen that the position of the forex market are on point 131.63 and there is support and resistance on the
- R3 : 132.6
- R2 : 132.52
- R1 : 131.97
- Pivots : 131.89
- S1 : 131.34
- S2 : 131.26
- S3 : 130.71
then I highly recommend you to open position BUY with
Take Profit is equal to 131.632 as well as Stop Loss at point 131.628
so that the target pips for today I think is at 100 pips
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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 131.86 pivot then I recommend you to do the open position SELL with some criteria such as the following
You put a take profit at 131.37 positions
You put a stop loss at 131.97 positions
Support and resistance at
Pivots = 131.86
R1 = 132.18
R2 = 132.64
R3 = 132.96
S1 = 131.4
S2 = 131.08
S3 = 130.62
For long-term targets remain SELL with a target of 40 pips profit
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