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The position of the current price is below the 50 EMA on the hourly chart, momentum is bearish
The position of the current MACD cross the line above the area 0, the momentum is bearish
Trend today: bearish
Target today:122.74
Thread: Eur/Jpy
The position of the current price is below the 50 EMA on the hourly chart, momentum is bearish
The position of the current MACD cross the line above the area 0, the momentum is bearish
Trend today: bearish
Target today:122.74
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on eur / jpy witnessed rebound from the top of the medium-term channel, the pair showed a dramatic reduction south and even managed to break the 200 rolling, there was also a divergence practiced MASD, now it is better to look for an entry point to sell, we can easily work out the southern wave down to the bottom of the channel .
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G achi post ha ...i opened it and i like this ..i think hme ic kam me kamyb hny k liye icki proper training and knowlge gain karna chye .
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.
eurjpy lost all the gains which it got yesterday and now trading around 125.50 this pair is moving rapidly because of yen fluactuations buy around 124.87 target 127.30 stop loss should be around 124.55
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EUR / JPY to my surprise almost a sharp jerk broke through a number of very strong support levels, the last of which was the area of the lower two fractals (125.60 level), and could not resist the pressure of the bear and alligator slide, given that the sharp decline occurred at the maximum a trend that suggests that the bulls started to close their positions and may soon begin a long-term correction in the south.
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 trying to test its resistance level at 127.29 . If it can break this level , i think the price starting to continue its strong bullish trend soon . But if the price reverse at this level , i expect eur/jpy will retest its support level at 123.73 again .
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In this pair the trend is the up trend and we see some correction at the later hours and we can make buy trade here with the target of 126.74
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The price still spot above daily pivot 125.49 so it is potential to re-test fibo 0.0 @126.61 and Resistance 127.54. But if the price is change directions and breakdown pivot then price is potential to touch support 124.40.
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