Eur/jpy pivot levels for today by using : fibonacci pivot indicator.
r3: 131.73
r2: 130.87
r1: 130.35
pivot : 129.49
s1: 128.64
s2: 128.11
s3: 127.26
Eur/jpy pivot levels for today by using : fibonacci pivot indicator.
r3: 131.73
r2: 130.87
r1: 130.35
pivot : 129.49
s1: 128.64
s2: 128.11
s3: 127.26
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I think the week EURJPY currency pair movement or all currencies into jpy opponent will be in the sideway, for EURJPY currency pair today in a state of strong bearish if we look at h4 candle, so I think better do a sell order or putting a sell stop at the low that has been in shape today at 127.53 area.
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If EUR/JPY continues its advance into higher levels, it may encounter resistance at 117.80 (May 31 high), 118.50 (April 26 low) and 119.20 (May 3 low). To the downside, support levels lie at 117.16 (May 20 high), 116.90 (May 11 high), and 116.37 (May 26 high).
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Hamzagoroo (2019-04-07)
Pivot levels today:
R3: 132.29
R2: 131.32
R1: 130.24
PP: 129.49
S1: 128.15
S2: 127.44
S3: 126.12
Comment: Price now is below the daily and weekly pivots, also it breaks S1, this means more fall is predicted.
Forecast: If price breaks the level 127.52, this will open the way to 125.05, but if it bounces, it will rise again to 129.45.
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Hamzagoroo (2019-04-07)
for this pair i place a pending sell order @ 128.70
my stop loss for today @ 129.11
half take profit @ 1.2833
and half @ 1.2807
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Hamzagoroo (2019-04-07)
Eur/jpy analysis for 04.15.2013 by using pivot indicator.
r3: 132.54
r2: 131.67
r1: 130.34
pivot: 129.47
s1: 128.14
s2: 127.27
s3: 125.94
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Hamzagoroo (2019-04-07)
Here is my analysis for today, 15 april, just using simple open market price methode
buy stop 128.99 tp 129.19 sl 128.39
sell stop 128.59 tp 128.39 sl 129.19
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Hamzagoroo (2019-04-07)
EURJPY has done very well for couple of week it start this rally from 119.10 where it has placed a double floor and ended up at 131.10 and just dropped 250 points from that level just because of some huge profit taking , i think market will form another bottom at 127.60 where we can buy it for another upside rally.
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With a break below we have seen the top of wave 3rd of 5th and now correction may extend towards 127.70 for wave IVth and then wave 5th of Vth will took place and minum target should be 131.50 and if we see extension then we will go to 134.40
Thanks and regards
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Hamzagoroo (2019-04-07)
In this pair is going to type upside down sort in H4 we may see more down after that candlestick development. eur/jpy pair just shifted from its assistance 114..i think now its here we are at this pair to go up..it can be purchased from here until 117..this pairs not displaying too much shift..but for now its alerts are indicating for this much only.
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Hamzagoroo (2019-04-07)
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