Hi,
My preferance for Eur/jpy is to buy from 128.00 and to stop loss at 127.00,
first take profit is at 128.65 and second at 129.00.
Good luck for everyone![]()
Thread: Eur/Jpy
Hi,
My preferance for Eur/jpy is to buy from 128.00 and to stop loss at 127.00,
first take profit is at 128.65 and second at 129.00.
Good luck for everyone![]()
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.
take a look at the chart the opening price of the week is a gap of previous close and 128.30 offering support to the pair And I hope that pair will remain under pressure to the close of the week and break below 127.00 to test the support 124.90 and Be remain cautious with this pair As I am protecting every equity to trade eur/jpy below 124.96 and So far just one trade in week and that was even today So watch for the best and see what it has in the arc for tomorrow I hope 127.00 to be broken for a possible test of 124.96 and pair needs to remain below 129.00 and break above I will starting on the bull side.
Check the chart
Regards
SAIANSH
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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.
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 intraday: BULLISH trend prevails. technically, the RSI is on top of its neutrality area at 50.
Pivot@ 127.3
My choice: Open BUY trade higher than 127.3 with targets @ 128.45 & 128.85 in extension.
Alternate choice conditions: Less than 127.3 check for further down-side with 126.9 & 126.5 as targets.
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today i like to sell this pair @ 128.00
my stop loss of the day @ 128.33
half take profit for today @ 127.64
and further half take profit @ 127.34
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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.
Hi,,
in the chart 1h we can see the pair will go to down way in the future
I see the pair will go to 125.67
I expect from this analyze that the price will go to down way
so sell from 128.00 to 125.67
good luck
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EUR JPY declined yesterday to hit 50% Fibonacci at 126.50 bouncing positively towards 127.40, and by the chart we notice that the moving average supports the previous support, making us continue in expecting the positivity in the near and medium period to achieve 129.20 as initial target followed by 131.10. Stochastic remains contradicted with the main bullish trend by settling below 50 level, thus we need a strong rebound from Stochastic to support the positive expectation. We must mention that the attempt to break 126.50 will push the price to achieve negative levels that begin from 125.50 reaching to the main support around 123.70.
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today 27 june 2013 forecast for eur/jpy:
current price: 127.35
support area between 126.97 until 126.37
as we can see in chart H4, this pairs is searching for an opportunity to break the support area and it is waiting for the high impact news from germany (unemployment rate and unemployment change).
when these data release, there will be two choice. they are : rebound from the support area if the data actual reading is positive or break the support area if the data actual reading is negative.
note: positive = green ; negative = red
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.
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