hard it is to grow a pair, though a couple of villages to get above the resistance, but the prices do not fly away to heaven, but on the contrary ... the histogram divergence is visible, so it can once again return to the previous corridor ..
Thread: Eur/Jpy
hard it is to grow a pair, though a couple of villages to get above the resistance, but the prices do not fly away to heaven, but on the contrary ... the histogram divergence is visible, so it can once again return to the previous corridor ..
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I would like to analyze in long term view of the pair. In H4 chart of the pair, the price is in uptrend because it is above the ichimoku kumo cloud and ema 200. So, I think it will continue to be up.
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up trend now. we can see at 101.69 for long on h1 chart. if it reverse then may down 30-40 pips. so we can see at 100.75 for short on h1 chart.........
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EUR / JPY pair was able to make today a new weekly maximum rate is now slightly moved to the south and I bought the pair is trading above the Ichimoku cloud, and on top it does not have any significant obstacles to further growth to the north.
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Course after breaking a strong resistance level of 100.86 yesterday, went to a small correction to the south, and today this pair is once again renewed the northern movement of the pair is technically more looks to the north, I'm buying.
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The RSI is mixed bullish. Long position is preferable at 100.35 with price targets at 101.4 and 101.85. If the price goes to below 100.35 then we can expect downward movement with 99.8 and 99.1 as price targets.
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EURJPY restrained in its daily pivot (100.75). Likely to rise again towards the 101.69 level. But if successful drop below the pivot, the opportunity to touch the 100.12 level will occur.
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EUR / JPY pair on the daily chart shows two signals for the purchase of a "golden cross" and the intersection ching span chart, but the course has not yet been able to overcome the resistance of 100.68, only when he can be fixed above it, and you can buy in a few days.
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Eur and jpy is the code name of the two major currency. Eur means the European currency and jpy means the japanese yen. here eur is the base currency and the jpy is the counter currency. the currency exchange rate may be 1:123.one eur equal 123 japanee yen
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