Eur/jpy ka rate kafi uper hota ha as ma jab bhi aap kam kar to aap dkha karna knoik is ma aap ko zyada lose ho sekty ha but aap agar market news ko dkha ga to aap ko acha profit ho sekty ha.
Thread: Eur/Jpy
Eur/jpy ka rate kafi uper hota ha as ma jab bhi aap kam kar to aap dkha karna knoik is ma aap ko zyada lose ho sekty ha but aap agar market news ko dkha ga to aap ko acha profit ho sekty ha.
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Yes indeed very much went heading north ... but the hour schedule now shows that there is a divergence and the pair formed a figure head and shoulders ... so the breakdown of the mark of 113.30 think the price will fall to 112.50 formed ... whether far below hard to say because the level of hepatitis always strong price barrier ../
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Yes, according to weekly schedule pair just exploded, struck a very important resistance levels, so that now there is a very aggressive growth ... I think the number one goal is the mark of 117.75 ... and if everything will fly so they may be reached 123.70 ... well let's see ...
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The pair continued to move upside and stabilizes above 114.00 which indicates further upside movement over the intraday basis. But if the pair breaks the 113.00 then the trend of the pair change to bearish for the intraday. According to my chart analysis, I prefer to buying the pair around 113.80 with targets 115.00 then 115.50 and stoploss with four hour candle closing below 113.20.
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If we look on H4 time frame, EURJPY has formed an outside bearish candle and also has been rejected by the 114.25 level (red circle). But, after that the momentum still is not change. That set up fail and EURJPY can invalidate that set up with breaking 114.25 resistance level. Now, I think EURJPY still has a potential to reach the next resistance level at 114.83
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EURJPY has break up 61.8 monthly fibo at 113.30. I think the pair will soon retrace below the level. However, the bullish trend is still strong, we should take the best price to sell.
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Added another purchase on eur / jpy, couple in their correctional wave approached the sliding alligator (who act out the role of the trend lines) and near the bottom of a fractal (Support 113.40) has found a buyer, also showed stochastic buy signal + formed another lower fractal.
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Even so long held the position but it seems are the first signals of the beginning of the southern mid-correction, just a couple of still broke through the sloping support level but the fall is still holding back the horizontal level of 113.44 and if it is broken - I will move to sell.
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The pair breaks the upside in the ascending channel resistance and close above it yesterday as provided in the daily chart which indicates that the pair has more potential to move upside. According to my chart analysis, I prefer to buying the around 112.55 with targets 113.55 then 114.00 and stoploss with for hour candle closing below 112.15.
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short positions at 113.67 with 113.32 and 113.10 as next targets
the breakout of 114.02 will call for arebound towards 114.45
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