Thread: Eur/Jpy
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FA148P (2019-07-06)
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eur/jpy technical analysis by using : average directional movement index wilder(14) & average directional movement index(14) on 16.08.13
timeframe : 1 hour
time : 1900
market trend : ranging
adx wilder(14) level
style : 10.90
+di : 19.30
-di : 13.89
adx(14) level
adx : 24.01
+di : 17.04
-di : 8.37
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EUR/JPY analysis by using pivot indicator. (H4)
R3 131.325
R2 130.827
R1 130.519
pivot 130.021
S1 129.523
S2 129.215
S3 128.717
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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 128.76
I expect from this analyze that the price will go to down way
so sell from 130.09 to 128.76
good luck
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EUR-JPY
The short term preference is lower for this cross after failing at 130.50 highs, main support at 129.40 -the top of the daily cloud.
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EUR / JPY continues to trade within the side-band 129.65-130.75, on 4-hour chart as the pair now visibly rested in moving an alligator that seems to have focused on the bulls, formed a stochastic buy signal + course is trading above the moving from a pair of alligator-forward development just north script with access to 130.75.
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TODAY'S TECHNICAL LEVELS: Resistance 3: 131.00. Resistance 2: 130.83. Resistance 1: 130.50 Support 1: 129.53. Support 2: 129.22. Support 3: 129.00.
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Eur/jpy
Still rate the pair died router descending to find the moving average a barrier to the resumption of the negative at a price of 128.25 to keep the price confined between the level of the canal breached about 130.75 for the day and moving average, so we continue to neutral trades this day until the breakthrough of one of the axes earlier.
It is worth mentioning that the price break for the moving average price decline will support the pair to achieve negative levels starting from 136.60 down to 124.50, and the breach of the ascending channel once again will support the achievement of the 133.40 level as a major positive in front of goal emerging trades.
Expected trading range between 130.50 and 128.20
General tendency is expected for today's: continue neutrality.
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FA148P (2019-07-06)
If we analyze the daily chart - it will be noticeably formed a converging triangle, the lower boundary of the shape is long-term, and the upper-medium-and the trend of the north, most likely the pair should be expected to develop the script and just north break of the top border of the triangle - which would open 132.50 .
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