the EURJPY can be more bearish as long as the price then still move bellow that strong resistance 103.98. So, of course - with this simple look price action = I see, search again for sell with SL above resistance 103.98 = better.
Thread: Eur/Jpy
the EURJPY can be more bearish as long as the price then still move bellow that strong resistance 103.98. So, of course - with this simple look price action = I see, search again for sell with SL above resistance 103.98 = better.
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 has touched the resistance level at 104.08 today. I think EURJPY will try to break that resistance level today. If that success, EURJPY may continue going up to the next resistance level at around 104.96. But if fail, EURJPY may makes some correction movement to the support level at 103.18.
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 technical analysis for 19.11.2012 by using : Auto pivot indicator.
resistance 3:104.88
resistance 2:104.40
resistance 1:104.00
pivot point :103.52
support 1:103.13
support 2:102.65
support 3:102.26
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 technical analysis by using : average directional movement index
adx : 21.6852
+di : 21.2870
-di : 17.6914
timeframe : 1 hour
time : 0400
date : 19-11-2012
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.
On the daily chart, this pair is above 23.6 monthly fibo line, but I think the pair won't go higher. From my analysis, EURJPY will be go down under that fibo line, so I think this pair will go towards 103.xx area, bearish for today.
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.
The average person regards bank interest rates as a vehicle for making money cheaper when they go down, and making money more expensive when they go up.People are mostly concerned about how much more or how much less they will have to find to for their mortgage and automobile payments,
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.
Today’s technical analysis
Resistance 3- 104.81
Resistance 2- 104.35
Resistance 1- 103.96
Pivot point- 103.50
Support 1- 103.12
Support 2- 102.65
Support 3- 102.27
Price is supported by 103.12 and pull back again up direction so we can expected up movement for today and price will move more than 104.XX
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.
Scenario for today
Elliott: irregular flat correction up 104.15
Strength can extend to 103.90 or even higher than 104.74 as declines are expected to find support at 103.26. A fall below 103.05 could turn it bearish.
Warning: Harami
Technical points
Key point 104.0800
Entry point 103.8600
Elliott 100.3300
Closing 103.4800
Projection 105.3200
Trendline 103.2600
Trendline 104.1500
Supports / Resistances
Res 2 104.3200
Ex-High 103.8900
Res 1 103.9000
Pivot 103.4700
Sup 1 103.0500
Ex-Low 103.0500
Sup 2 102.6300
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's strong rebound last week suggests that pull back from 104.58 is already finished at 100.32 and rise from 94.11 is resuming soon. Initial bias is neutral this week and EUR/JPY may retreat first. But downside should be contained by 102.00 minor support. Above 103.99 will target 104.58 and break there will confirm rise resumption for 61.8% projection of 94.11 to 104.58 from 100.32 at 106.79 next.
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.
On the big trend - this EURJPY on still to become more bearish trend as long as the strong supply near 103.98 can not be break by buyer again then. But, for intraday trade - of course, for better idea to make sell here, we can wait and see for breakout down to that 23.6 fibo at 103.12
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.
There are currently users online. members and guests
Threads:
Posts:
Member:
Thanks
Subscribe
Currently Active Users
