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Thread: Eur/Jpy

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    Senior Member doby will become famous soon enough doby's Avatar
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    EUR/JPY

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    Banned mody90 will become famous soon enough mody90's Avatar
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    we can see in the 1h chart

    the pair will go up to fibo 38.2

    I see the pair will go to up way to 124.02

    stochastic refers that the pair will go up

    so our target buy from 123.07 and our target will 90pips

    Good luck

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    sell eur/jpy at the level 123.40 with targets at 121.85 and 120.76, but in case of breaking the level 124.11, then buy above this level with targets at 124.92 and 125.85

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    Banned to_be_number_one is on a distinguished road to_be_number_one's Avatar
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    A slighty bullish is still continuing for the corrections which is touched fibonacci 50%. We can entry buying plan after it breakup 123.47 and use 124.12 as the nearest target. At other plan we can entry sell if price change directions and breakdown 122.26.

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    this pair is moving in the down channel the resistance of this is 125.60 and the support at 123.20 is now try to break. but now it is making doji pattern so may be price again move to up side. if the price is close above the 125.80 we can long this pair with the target 125.60

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    EURJPY has been rejected by the support level at 122.54 for several time. So, I can make a conclusion that 122.54 is difficult to break. I think EURJPY will rebound and going up to the resistance level at 123.33 or even 124.24.This scenario will fail if EURJPY can break 122.54 and can also break the yesterday's low successfully.
    Spoiler Spoiler:

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    EURJPY has been rejected by the support level at 122.54 for several time. So, I can make a conclusion that 122.54 is difficult to break. I think EURJPY will rebound and going up to the resistance level at 123.33 or even 124.24.
    This scenario will fail if EURJPY can break 122.54 and can also break the yesterday's low successfully.

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    EUR/JPY

    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.


  9. #2131
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    the EUR/JPY and stumbled n h wake of new data the manufacturing and service sector
    still anticipation between market dealers of what could be construed as PMI reading for the Euro zone in February and in the wake of the PMI reading for both France and Germany

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    in the h1 time frame the price again at the strong support level. the price 123.00 is not beaked last three time and it is also oversold with stoch and cci indicator so up movement is expected. we can long this pair with the target 124.75 and stop loss is 121.50

    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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