Hello friends do you fell Forex is a good business in the worlds tell me?
Thread: Eur/Jpy
Hello friends do you fell Forex is a good business in the worlds tell me?
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.
The pair traded between a high of 130.70 and a low of 127.43, closed at 128.41. Today the pair trades below the resistance line of 129.25.
Downside Scenario: EURJPY could decline to the levels of 127.25, then 126.30, if the resistance line of 129.25 holds.
Upside Scenario: Upside penetration of the resistance line of 129.25 could send the pair to the levels of 130.40 then 131.50.
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i am going to buy this pair right now @ 127.10
my stop loss of the day @ 126.88
half take profit @ 127.44
and half @ 127.86
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Eur/jpy technical analysis
date : 06.07.2013
time : 06:30 GMT
time frame : 15 min
indicator :
1) RSI (14)
value: 44.46
2) MACD (26,12,9)
value: 0.1008
3) ADX (14)
value: 19.71
4)CCI(14)
value: -11.19
overall trend - slightly bullish.
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time frame- M30
moving average 14 is providing a resistance at the 128.70 and it is also rejected from the 129.00 if it is break the lower support at 127.50 we can short with the target 126.50 and stop loss at the 128.90
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.
I see the pair will go to down way to 126.27
stochastic refers that the pair will go down
so our target sell from 128.27 and our target will 200pips
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.
Eur/jpy analysis for 06.07.2013 by using pivot indicator.
r3: 133.430
r2: 132.070
r1: 130.249
pivot: 128.889
s1: 127.068
s2: 125.708
s3: 123.887
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.
we can see in the 1w chart
the pair will go down to fibo 23.6
I see the pair will go to down way to 126.01
macd refers that the pair will go down
so our target sell from 129.01 and our target will 300pips
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.
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This chart I mention on wednesday As well road map has changed a bit now I expect resistance at 128.81 will protect the upsite for wave IVth of C and then we will see acceleration towards 127.20 where we will find wave C of abc and wave 5 of 12345 correction in wave C and first leg of correction and then wave B only time will tell how it unfolds from here on
Check the chart however
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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.
we can see in the 4h chart the pair will go up to fibo 38.2 I see the pair will go to up way to 129.59 stochastic refers that the pair will go up so our target buy from 1.9412 and our target will 103pips
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.
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