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we can see in the 1h chart
the pair will go down to fibo 38.2
I see the pair will go to down way to 130.46
macd refers that the pair will go down
so our target sell from 131.39 and our target will 90pips
Good luck
Thread: Eur/Jpy
we can see in the 1h chart
the pair will go down to fibo 38.2
I see the pair will go to down way to 130.46
macd refers that the pair will go down
so our target sell from 131.39 and our target will 90pips
Good luck
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Hi,,
in the chart 1h we can see the pair will go to down way in the future
I see the pair will go to 129.10
I expect from this analyze that the price will go to down way
so sell from 131.13 to 129.10
good luck
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On instrument EUR / JPY may be noted - the heart of the system - Genesis Matrix showed 4 white square on the indicator Arrow came up arrow, marked the completion of the Stochastic indicator of oversold, white candle closes above the level 5EMA, Heiken Ashi revealed a new impulcnuyu bullish candle with a big top shadow thus have a signal to enter a purchase.
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The couple decided to once again test the strength of the top horizontal border of converging triangle -131.40 until two attempts to overcome this level have failed but below $ 131.00 rate is not allowed, so the purchase is going to open at the break of 131.40 and 132.00 with the targets 132.40.Alternativny option-building figure below 131.00 can lead to a lower boundary of the triangle.
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today i like to sell this pair @ 131.35
my stop loss of the day @ 131.55
half take profit for today @ 131.07
and further half take profit @ 130.76
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EUR/JPY pair price already breakout daily resistance 1 level (131.839) and touched upper trend line. Now the price is down trend. I think the price may touch Fibo 61.8 level.
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EUR/JPY Trading Signal - 18/7/2013 - 10:00 GMT+3 60min CHART
Upwards Strong
A Medium probability, entry signal to go LONG was given at 130.50 after the market broke the resistance level at 130.50.
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As you see in my following attached chart, the pair traded between a high of 131.33 and a low of 130.25, closed at 130.68. Today the pair trades below the resistance line of 132.70.
Downside Scenario: EUR JPY could decline to the levels of 130.10 then 129.20, if the resistance line of 132.70 holds.
Upside Scenario: Upside penetration of the resistance line of 132.70 could send the pair to the levels of 133.60 then 134.55.
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EURJPY see movement on the H4 timeframe like it's possible to move up if only close candlesticks later than resistant (break). whenever it happens it will probably move up further until the resistant (132.63).
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On euro-yen until all the same. A pair of flat, as before, in the triangle. At the moment, the upper border. Daily candle closed with a spike at the top, suggesting the possibility of descent. On the hourly bullish engulfing. While such uncertainty in the market include undesirable. There is a purpose as above so below me. You have to wait breakout of the triangle.
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