elliott crucial reversal point resistnces lie around 130.49 and 131.12 it should test lower towards 128.58 zone aclear break of 129.84 would be bearish
support and resistances
res2 132.39
res1 131.12
piovt 129.85
sup1 128.58
sup2 127.31
Thread: Eur/Jpy
elliott crucial reversal point resistnces lie around 130.49 and 131.12 it should test lower towards 128.58 zone aclear break of 129.84 would be bearish
support and resistances
res2 132.39
res1 131.12
piovt 129.85
sup1 128.58
sup2 127.31
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128.90 Again do the JOb for the pair And hold it for the test of 130.26 And as long as 128.90 protecting the downside We can
see a test of 131.81 Which I think
should be good enough for the pair As it is also
the extreme bulls for the pair But any break below 128.40 would be good enough
to test 127.00 and then 124.96 But Now we should Leave this pair along as long as it is trading in between these two levels
Regards
Check the chart
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eur/jpy last day market analysis by using : average directional movement index wilder(14) & average directional movement index(14)
adx wilder(14) level
style : 20.97
+di : 28.57
-di : 16.16
adx(21) levels
adx : 22.38
+di : 26.17
-di : 9.53
time : 2300
date : 06.07.2013
timeframe : 1 hour
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mara faverat pair hy kiun k is main trend ki moving taz or ziada hy main aaj kal isi main or gold main trading kr rha hun kiun k is doon mian trend kafi acha move kr rha hy jis sy profit b achi ban jati hy
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The pair are back to get pressed from the seller. even the pair are traded on bullish condition for the last week, but the pair are hovering below the pivot level at 129.45. If the price are still below on it, the good sign for make short deal, try to find the good resistance and the set short deal for the next week.
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elliott flat correction down 128,31 one more dip to 129.01 - 128,61 is likley followed by a grind higher to 129.69 - 129.98 after which it can resume it is down trend
support and resistances
res2 130.71
res1 129.90
piovt 129.40
sup1 128.60
sup2 128.00
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