Subscribethe trading now above the level of 102.50 will make the uptrend expected and the pair might continue in it's upmovements heading to 103.30 and and that's before bouncing from the resistance levels , good luck .
Thread: Eur/Jpy
the trading now above the level of 102.50 will make the uptrend expected and the pair might continue in it's upmovements heading to 103.30 and and that's before bouncing from the resistance levels , good luck .
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If a M15 close above 105 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 100 sell only and do not buy. If price closes back above it again do nothing
The range 105 and 100 is neutral area, any trade done in between is personal decision and not part of this analysis
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EUR/JPY open @102.75. At H4 chart it's still below MA18 & MA200. The pair might continue down as long as it's close below pivot @103.04. If close above pivot then it might go up to R1 @103.46.
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If a M15 close above 105 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 103 sell only and do not buy. If price closes back above it again do nothing
The range 105 and 103 is neutral area, any trade done in between is personal decision and not part of this analysis
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.
current price of this pair is 103.77. i think its better to take long position for this pair bcz 20 ema cross the 50 ema and price is above 20 ema also.the economic condition of euro is more stronger than jpy. rsi and stoch are going down.
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मैं मेरे 15m चार्ट में इस स्थिति bcz मेरे तेजी EMA पार ले लिया धीमी EMA और RSI 50 के स्तर से नीचे और नीचे जा रहा है.50 स्तर और नीचे goning नीचे भी stoch.
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EUR/JPY dropped to as low as 103.00 last week but recovered ahead of 102.48. Initial bias is neutral this week. At this point, we;re still slightly favoring the case that recent decline from is ready to resume and break of 102.48 will confirm and target a test on 100.74 low first
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by looking on the chart we can notice that the pair has closed it's daily candle under the level of 104.00 , and that's mean that the down trend is still standing and the pair might reach the level of 103.25 this night or even after the starting of the europe session .
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The EUR/JPY has been falling since the European morning from a high of 104.20. The pair dropped below the 104.20 psychological level and plunged all the way to 103.44 low, 80 pips below daily high.
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i took this position bcz in my 15m chart my fast ema cross the slow ema and rsi is below 50 level and going down. stoch also below 50 level and goning down.
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