Subscribein my point of view eur/jpy is still bearish and goes down day by day
i open a possition
sell at 120.70
Stop loss 120.95
Take Profit 120.20
Thread: Eur/Jpy
in my point of view eur/jpy is still bearish and goes down day by day
i open a possition
sell at 120.70
Stop loss 120.95
Take Profit 120.20
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hi
how are you
we can see in the 1d chart
the pair can not close up the broken down trend line
I see the pair will go to down way to 119.62
stochastic refers that the pair will go down
so our target sell from 120.62 and our target will 100pips
Good luck
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As you see in my following attached chart, Head and Two shoulders has been formed and retest completed, so bearish movements are expected targeting 118.80
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new signal
EUR JPY
From 07:07 29-Mar-2013 GMT
Till 11:07 29-Mar-2013 GMT
Buy
Buy at 120.46
Take profit* at 120.88
Stop loss at 120.08
Good Luck my freind
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eur / jpy day up
what about tomorrow
see the market decided
good
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EUR/JPY has been rejected by the support level at 120.27 for two times. But, although those rejections have made a double bottom pattern, the rejection is not too strong. I still think that EUR/JPY still in bearish tendancy and it may continue today. If EUR/JPY can break 120.27 support level, this pair may continue falling to the lower support level at 119.48.
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Eur/jpy analysis for 03.29.2013 by using pivot indicator.
r3: 122.33
r2: 121.63
r1: 121.14
pivot: 120.44
s1: 119.95
s2: 119.25
s3: 118.76
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Eur/jpy technical analysis by using moving averages.
date : 03.29.2013
time : 0100 GMT
time frame : 15 min
sma200 : 120.79 signal- neutral.
sma100 : 120.55 signal- buy.
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we can see in the 4h chart
the pair will go up to fibo 23.6
I see the pair will go to up way to 121.22
stochastic refers that the pair will go up
so our target buy from 120.75 and our target will 51pips
Good luck
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.
elliott flat correction down 119.96
support and resistances
res2 122.72
res1 121.66
pivot 120.81
sup1 119/78
sup2 118
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