in the next week i think it will be down first before continuing to rally up ,so for a buyer better to close first and then waiting the good moment to enter ,it will make triangle shape on this week beware
Thread: Eur/Jpy
in the next week i think it will be down first before continuing to rally up ,so for a buyer better to close first and then waiting the good moment to enter ,it will make triangle shape on this week beware
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Analysis weekly EUR yen pair is currently saturated on RSI Frame Daily, but I still see the pair rise and is now in front of resistance at 123.27 in case riddled his rise to 125.08 then 127.48 a strongest I think if ascended her bounce them inevitably, God willing
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The support on the daily chart at 113.50 is the bounce place. Multiple bottoms in this area = strong rejection.
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.it can be bought from here till 117..
thsi pair is not showing too much move
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it may encounter resistance at 117.80 (May 31 high), 118.50 (April 26 low) and 119.20 (May 3 low).
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eur/gbp technical analysis by using : adx on 26.01.13
adx : 54.9114
+di : 31.6188
-di : 4.5164
timeframe : 4 hour
time : 2000
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At the Forex currency market on Wednesday Japanese Yen rate declines At the Forex currency marketplace on Wednesday Japanese Yen rate declines : after reaching a new maximum at 83.58 yesterday. It seems that Japanese authorities became acutely troubled & threatened 2 carry out interference with the benefit of the .
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buy eur/jpy at the level 121.70 with targets at 123.32 and 124.28, but in case of breaking the level 120.69, then sell at this level with targets at 119.80 and 119.08
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Pair made quite clear leap up, which, in my opinion, has every reason to be the basis for an upward trend. The MACD also speaks of the coming growth. The immediate goal of considering the level of 123, and in the event of this level of 123.80. Sell think only when attached below the average rate of the channel Bollinger.
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