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hi
we can see in the 1h chart
the pair can close up the up trend line
i see the pair will go to up way to 133.02
stochastic refers that the pair will go up
so our target buy from 132.02 and our target will 100pips
Good luck
Thread: Eur/Jpy
hi
we can see in the 1h chart
the pair can close up the up trend line
i see the pair will go to up way to 133.02
stochastic refers that the pair will go up
so our target buy from 132.02 and our target will 100pips
Good luck
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in 1h chart
the pair trade in up trend
i see the pair will go up to 132.50
good luck
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 08.23.2013 by using pivot indicator.
r3: 134.053
r2: 132.996
r1: 132.415
pivot: 131.358
s1: 130.777
s2: 129.720
s3: 129.139
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Once in the prediction of several indicators for the technical analysis of currency pairs EUR/JPY 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 131.66 positions
You put a stop loss at 132.26 positions
Support and resistance at (R3=133.62), (R2=133.04), (R1=132.42), (Pivots=131.86), (S1=131.3), (S2=130.83), (S3=130.35)
For long-term targets remain SELL with a target of 80 pips profit
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Hi All,
My preferance for Eur/Jpy is to buy from 131.94 and to stop loss at 130.94,
first take profit is at 132.44 and second at 132.94 (third is optional at 133.24).
God Be with you in trading
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.
Trade Idea: EUR/JPY -
Buy at 130.40, Target: 132.40, Stop: 129.80
As the single currency has surged again after brief pullback, suggesting the rise from 127.97 is still in progress and may extend further gain to 131.97 resistance, break there would bring headway to 132.40 but reckon previous resistance at 132.74 would hold from here due to near term overbought condition, risk from there is seen for a retreat to take place later.
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The pair broke through the 131.15 level and spent an attempt to break the upper border of the expanding formation, but failed and the couple returned to the body shape.* I expect a rebound from the 131.15 level and rising to the level of 132.50.* can serve as an alternative to the breakdown level of 131.15 and a decrease to a level of 130.40, but it will be hard to do because all the prices are below the EMA and sent to the top.
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Instrument: EUR/JPY
Trading Signal - 22/8/2013 - 10:00 GMT+3
60min CHART
Upwards Weak
A Medium probability, entry signal to go LONG was given at 131.10 after the market broke the resistance level at 131.10.
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on currency pairs EUR/JPY I have predicted that there is a signal SELL in the time frame H1
because I was referring to the indicator fibbonaci to see support and resistance at R3=132.4, R2=132.12, R1=131.84, Pivots=131.58, S1=131.32, S2=131.18, S3=130.99
so I suggest to perform the requisite order SELL to
Take Profit 131.29 and Stop Loss 131.89
a target is likely to move by 80 pips
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