SubscribeI see the pair will go to up way to 133.33
stochastic refers that the pair will go up
so our target buy from 132.33 and our target will 100pips
Thread: Eur/Jpy
I see the pair will go to up way to 133.33
stochastic refers that the pair will go up
so our target buy from 132.33 and our target will 100pips
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Time to open on EUR / JPY buying, a couple hours ago, broke the strong area of the upper fractal (132.00 resistance figure) and thus made a new yearly high, the course now entered the stage and remedial tests again but this time as a mark of support 132.00-away and expect the resumption of growth in the North.
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eurjpy I see the pair will go to up way to 133.58 so our target buy from 132.58 and our target will 100pips
Good luck
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my plan is buy this pair @ 131.70 to 131.90
my stop loss of the day @ 131.44
my half take profit of the day @ 132.33
and half @ 132.44
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EUR / JPY traded in a fairly narrow range, but managed to close slightly higher on the day up 24 points at 132.10. Some analysts believe this pair has further upside potential and maybe the next leg started.
JPY pair looks poised to continue their uptrends, with any breach of the yearly highs last week, and now survive much on it. Among them, EURJPY has shown the strength to stay above previous resistance levels, highest consolidation, showing no real sellers have stepped inside. I was not expecting a serious sales emerged recently when the dismissal has stumbled upon a breakthrough level of previous resistance. "
"I would look for a pullback towards the role reversal level at 131.12 to get long positions and rejoin the uptrend. Last line of resistance is rising, and there are a lot of layers underneath to support this couple, so look to get long positions to support levels, targeting 134 and 135.91 are the key swing highs back to 2009. "
Support: 132.07, 132.01, 131.94
Resistance: 132.32, 132.26, 132.19
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we can see the pair will go down in the future in the 1w chart
price:132.00
will sell limit:123.64
point:850pips
good luck
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The Euro remains firm in range,
with support at 110.85 and 110.59consolidating ahead of further upside extension
hahahahaha
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At present, the pair allegedly completed the formation of the resistance level in an uptrend from which the pair will go in the future or in the deep correction in the south or even replace on a downward trend, while the pair may decline mainly due to the growth of the enes the weakening of the euro I do not expect.2
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indication for very strong drive to bullish mode for this pair is given by strong confirmation from Accumulated Oscilator (AO), Relative Vigor Index (RVI) and Gator Oscilators which are in positive value to determine this pair now is in uptrend from level 132.02 then fast stochastic line and slow line are moving upward near sell border level 80 and still not crossing each other as extending of bullish is still happening
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eur/jpy market analysis by using : average directional movement index
adx : 29.5647
+di : 10.4576
-di : 21.7476
timeframe : h1
time : 0800
date : 14.05.13
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