Currency pair EUR / JPY during the Asian session fell to 55 th MA and it's got a good signal to the market to buy a short stop with 35-50 points. The expected goal of the rising resistance level 133.22.
Thread: Eur/Jpy
Currency pair EUR / JPY during the Asian session fell to 55 th MA and it's got a good signal to the market to buy a short stop with 35-50 points. The expected goal of the rising resistance level 133.22.
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today i like to sell this pair @ 131.70
my stop loss of the day @ 131.40
half take profit for today @ 131.93
and further half take profit @ 132.43
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EUR/JPY for July 25, 2013
Today's Support and Resistance levels:
R3: 133.20 R2: 132.74 R1: 132.49
Current Spot: 132.24
S1: 132.00 S2: 131.80 S3: 131.37
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The pair intraday analysis at H1 using williams percentage range and moving average are showing the pair on bullish trend. try to find good support and set Long order on it. Today SNR :
R3 : 134.30
R2 : 133.52
R1 : 132.93
Pivot : 132.14
S1 : 131.53
S2 : 130.76
S3 : 130.14
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We might have seen the top with the test of 132.70 but we can see one more rally higher and With this view I would like to see 131.40 protect the downside but a break below 129.60 will confirm the top and we will see the test of recent lows again But we need to remain cautious as rally from 124.93 is very close to end as it never look like an impulsive rally so break of support will confirm the top
regards
check the chart
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dear brother in my point of view eurjpy pair just bounced from its support 114..and i think now its time for this pair to go up..it can be bought from here till 117..and this pair is not showing too much move..but for now its signals are suggesting for this much only...its my opinion
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I was looking only sales, but as long as it is above 131.39, the probability of growth is quite large. But the search is still buying too late, it is better to sell the Summits. Today it is 132.93 - the resistance there and trend on H1 . That is, consider selling at this level is quite safe. Meanwhile,
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Action Pair Open price Open time(GMT-6) S/L T/P Lots Close price Close time(GMT-6) Profit
buy eur/jpy 130.00 2013-06-25 06:30:16 130.40 129.50 6.00 129.60 2013-06-26 05:38:16
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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.
time frame- M30
the price now start to move down side. it is not able to break the last high and break the support and pivot point at the 132.14 level. its down movement is continue expected to the support at 131.70. short this with the stop loss at 132.50. the moving average is also showing us down signal.
good luck
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