Thread: Eur/Jpy
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EUR/JPY trend is down on daily but to trade this kind of setup and consider the volatility of the pair trader have to be very careful because if the trend on EUR/JPY is down on daily does not mean that trader should go and place sell. if any trader trade it he will loss his money but this is how to trade the setup. The trend is down but trader should watch 127.40 if this support is break then it mean we should expert more sell but if the support is hold it means then ER/JPY will retrace to up.
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Pivot levels today:
R3: 130.61
R2: 130.24
R1: 129.77
PP: 129.40
S1: 128.93
S2: 128.56
S3: 128.08
Comment: Price now is below the daily and weekly pivot levels, also it is below the 55 SMA, so more fall is expected.
Forecast: Price may fall to 127.15.
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 is one of my favorite pair.today's movement i think eur/jpy is downtrend.so i sell it.tp 128.16
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for EURJPY I recommend you to put a buy order starts now, because prices are still able to get one at the price of 128.68 support, conditions now in overbought condition. If you prefer a sell order, the better price you put on 127.97, which is going to lower,
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 Calculation results Pivot Today, 04/26/2013
Resistance 2 = 130.24
Resistance 1 = 129.74
Pivot Point = 129.38
Support 1 = 128.88
Support 2 = 128.52
Buy = 128.70
Take Profit = 129.99
Stop loss = 128.16
Sell = 129.99
Take Profit = 128.70
Stop loss = 130.74
This analysis is positioned as an information, not contained or solicitation is open to any position of financial instruments. All decisions taken by the trader is a trader full responsibility.
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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.
Analysis Eur/Jpy using pivot indicator
Resistance 3: 130.56
Resistance 2: 130.22
Resistance 1: 129.68
Pivot: 129.34
Support 1: 128.80
Support 2: 128.46
Support 3: 127.92
"26/04/2013"
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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.
today i like to buy this pair @ 128.14
my stop loss of the day @ 127.88
my half take profit of the day @ 128.54
and half @ 128.91
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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