Thread: Eur/Jpy
Basically predicted shot north, a couple more weeks and this was rose ... so now we can see that it is very good work sloping trend line shows that yesterday even managed to quickly test it on the back side, so that the whole think growth will continue, and buying to near line or horizontal consolidation.
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Pair : EURJPY
Updated : Sat, Mar 09 08:19
Price : 124.82
Movement : 56 Pips
Movement : 0.45%
Support : 120.76
Pivot : 123.54
Resistance : 126.33
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hi
how are you
we can see in the m30 chart
the pair trading down the 38.2
I see the pair will go to down way to 124.05
stochastic refers that the pair will go down
so our target sell from 124.83 and our target will 78pips
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.
eurjpy m15 see picture above is still doubtful for the open position, especially soon be closing weekly candlestick. but for the moment it is still possible as shown, if going down will be captured at the point of the trendline.
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EURJPY moved in a strong bullish movement yesterday and could break three resistance levels at 122.54, 123.33, 124.24. Now, I think the bullish momentum still occur on EURJPY. I think this pair will continue going up to the next resistance level at 125.09.Spoiler:
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hi
how are you
we can see in the m15 chart
the pair trading down the 23.6
I see the pair will go to down way to 124.70
stochastic refers that the pair will go down
so our target sell from 125.41 and our target will 70pips
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.
EUR/JPY intraday: upside trend.
Pivot: 124.15
Our preference: Long positions above 124.15 with targets @ 125.2 & 125.5 in extension.
Alternative scenario: Below 124.15 look for further downside with 123.5 & 122.85 as targets.
Comment: the pair is breaking above its previous high and should post further advance as the RSI is well directed.
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EUR / JPY Strengthens Trending Up; Monitor Target 125.00
Position to buy EUR / JPY is definitely playing on Thursday, after breaching 122.20 resistance resulting debate rally +230 points lead spot near points early liquidation of February 25 at 124.50.
The increase in the current Euro comment belief that the couple are back in a steady uptrend, with the penetration of the trend line coming down from a high of 127.75 on the vision to strengthen the potential further.
The main resistance in front coincides with round numbers, that is 125.00, the highest February 25, followed by a double peak 15/20 Februari 126.00, next is 127.00, two shoulders align with the structure of the H & S in February, and finally peak this year at 127.50.
Support: 124.39, 124.29, 124.23
Resistance: 124.71, 124.61, 124.55
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in the M30 time frame the price is break the resistance at 123.20 and now price is moving in the overbought area. it may be rejected from the level at 125.00. here we can short this pair with the target 123.50 with stop loss 125.50
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Eur/jpy analysis for 03.08.2013 by using pivot indicator.
r3: 128.09
r2: 126.33
r1: 125.30
pivot: 123.54
s1: 122.51
s2: 120.75
s3: 119.72
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