Thread: Eur/Jpy
The short term trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 95.25 and key resistance at 98.60. Based upon my chart analysis, I prefer to buying the pair above 96.25 with targets 97.35 then 98.30 and stoploss with four hour candle closing below 95.60.
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Bidding is now going sideways movement, the level of 96.50 seems like its worked, and now there is something like a candle lights out on the level of ... well as bi may be, I think the corridor can be preserved until the end of the week ... so that the goal of 97.30. ..
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The short term trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 95.25 and key resistance at 98.60. Based upon my chart analysis, I prefer to buying the pair above 96.25 with targets 97.35 then 98.30 and stoploss with four hour candle closing below 96.60.
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EUR / JPY pair is not able to overcome the lower border of Ichimoku cloud, and thus did not confirm the seriousness of the bulls, a couple goes to the support level of 96.41, to wait for sales consolidation below it.
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Couple unable to overcome the resistance of 97.27, on which the course dealt with several times and went to the south, I think it will happen now, I expect the pair to reduce, stop, yet I have a little above the level of 97.30.
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I think this pair will go down towards the pivot level (96.98) From there, if the price is not able to solve the pivot, then chances are this pair will go up to the 97.57 level, with possible further to as low as 97.94.
Conversely if it is able to penetrate the pivot, this pair may be heading down to the 96.02 level.
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The short term trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 95.25 and key resistance at 98.60. Based upon my chart analysis, I prefer to buying the pair around 96.90 with targets 97.35 then 98.30 and stoploss is below 96.25.
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appears here is preparing a retreat from the support level 96.40.u have 2 buy signals crossing the green line ching span the price chart from the bottom up, and. "golden cross", while fixing the above, I will buy 97.24.
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i think that we should wait until EURJPY reach the moving down trend and the resistance level@23.6% then we can sell after the pair reaching this level .
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