Subscribelong positions at 114.60 with 115.00 and 115.40 as next atrgets
the breakout of 114.20 will call for arebound towards 113.80
Thread: Eur/Jpy
long positions at 114.60 with 115.00 and 115.40 as next atrgets
the breakout of 114.20 will call for arebound towards 113.80
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eur/jpy technical analysis by using : adx
adx : 16.5954
+di : 18.6897
-di : 11.2308
timeframe : m30
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Today(8-1-13 ) pivot point are-
Resistance 3- 117.19
Resistance 2- 116.37
Resistance 1- 115.75
Pivot point- 114.93
Support 1- 114.31
Support 2- 113.49
Support 3- 112.87
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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.
As USD/JPY goes down as well as EUR/USD .. so i think that we could see some serious profit taking, but in medium term im still bullish.
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Passively pair traded price in the Asian session to remain stable at around 114.60 without access to the summit level investigator at a price of 115.85 price remains sideways
We expect some of the volatility of trading today among the key support at 113.25 and the summit level at a price of 116.00
Support 113.25
Resistance 116.00
Money is the life
Today(7-1-13 ) pivot point are-
Resistance 3- 117.35
Resistance 2- 116.37
Resistance 1- 115.79
Pivot point- 114.81
Support 1- 114.23
Support 2- 113.25
Support 3- 112.67
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Agree with youOriginally Posted by Jobs
at this time is safe only buying this pair, nothing else .. maybe around level 117,50 try to short it for a while with small stops.
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EURJPY on bulls but weak. Look, that probably price to re-test that supply at 116.01 . Yes, on here. Search for buy with small TP (to near that 116.01) . better idea, I see.
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Im very bullish as well as at USD/JPY pair. I think that japanes BOJ and Prime minister do really good work. Their pressure is stronger and stronger. Very important level will be probably somewhere around 90 at USD/JPY and at 117.50 EUR/JPY.
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