buy eur/jpy at the level 123.23 with targets at 124.53 and 125.34, but in case of breaking the level 122.60 ,then sell at this level with targets at 122.24 and 121.48
Thread: Eur/Jpy
buy eur/jpy at the level 123.23 with targets at 124.53 and 125.34, but in case of breaking the level 122.60 ,then sell at this level with targets at 122.24 and 121.48
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eur/jpy today open 123.57 high 123.74 down 122.98
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long positions at 122.50 with 123.00 and 123.50 as next targets
the breakout of 122.00 will call for arebound towards 121.50
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Eur/jpy analysis by using : moving average.
date :01.31.2013
time frame: 15 min
ema5 :123.2776. signal-sell
ema10:123.3046.signal-neutral.
ema20:123.3667.signal-sell.
time: 05:00 GMT
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the pair is making doji pattern this may be a signal for down movement and price 124.00 is also a resistance. stoch and cci is also overbough and stoch making a cross out this give short signal is clear. today price will move to support level at 122.60
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EURJPY successfully touched the 100% of monthly fibo yesterday, I think today the pair will be corrected down. It is pottentially go down to touch the 7 period MA on daily frame, that is 122.33
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Analysis result EUR JPY 31-01-2013
UP TREND (STRONG)
Signal 20 pips : BUY @ 123.43 Set S/L @ 123.13 Set TP @ 123.63
Signal Breakout : BUY @ 123.63 Set S/L @ 123.33 Set TP @ 123.83
Reversal Prediction HIGH : 124.63
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elliott irregulaar flat correction up 123.3 it should test 123.4 area after which asellof down to 121.56 or extended to 120.72 area is that
technical point : key point 122.92 - entrypoint 122.07 - elliott 121.22 - closing 122.41 - projection 122.92 - trendline122.57
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I think EUR/JPY will go down. if you need open long tread tread then open sell order now. open order 123.60 TP: 119.05 SL: 124.95. open small lot.
I think you get good profit. thanks
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According to EUR / JPY may turn featuring a deal to sell in the first couple came close to the upper limit of the long-term channel, second - about it and ****ually began consolidation course has already started reducing in the third - divergence MASD, forward to the formation of a new medium-south wave.
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