Hi,,
in the chart 4h we can see the pair will go to down way in the future
I see the pair will go to 130.48
I expect from this analyze that the price will go to down way
so sell from 131.89 to 130.48
good luck
Thread: Eur/Jpy
Hi,,
in the chart 4h we can see the pair will go to down way in the future
I see the pair will go to 130.48
I expect from this analyze that the price will go to down way
so sell from 131.89 to 130.48
good luck
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Eur/jpy analysis for 08.26.2013 by using pivot indicator.
r3: 133.089
r2: 132.760
r1: 132.453
pivot: 132.124
s1: 131.817
s2: 131.488
s3: 131.181
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.
we can see in the 1w chart
the pair trading down the 23.6
I see the pair will go to down way to 124.99
rsi refers that the pair will go down
so our target sell from 131.59 and our target will 660pips
Good luck
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Personally, I'm waiting on a pair of precisely the southern script, the pair broke the 131.90 support medium and then tested this level today but as a resistance, and again to close out the day's low, short-term support of 131.66 on 4-hour chart MACD formed a sell signal and you'll get after the consolidation below 131.66.
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Current Exchange Rate: 131.86 at the time of analysis update.
Outlook: Short-term (immediate/next): Volatile sideways / Up. Near-term (immediate/next) : Volatile sideways / Down.
EUR/JPY's Latest Analysis (August 26, 2013): Support is expected over 131.20 but there is no good trade configuration considering the risk-reward ratio and hence we are not taking any position.
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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; this is a very volatile currency pair. It has been bullish for some months now . The question now is will it continue its rally? I will like to look at it from the daily chart. No taken any chances of losing this one , I will enter from 130.97 and exit at 130.39.
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point (the cancel): 131.55
Our preference: Long positions above 131.55 with targets at 132.35 and 132.7.
Alternative scenario: Below 131.55 look for further downside with 131 and 130.35 targets.
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As you see in my following attached chart, the pair traded between a high of 132.40 and a low of 131.76, closed at 132.04. Today the pair trades below the resistance line of 132.35.
Downside Scenario: EUR JPY could decline to the levels of 131.10 then 130.20, if the resistance line of 132.35 holds.
Upside Scenario: Upside penetration of the resistance line of 132.35 could send the pair to the levels of 133.10 then 134.05.
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