Thread: Eur/Jpy
If a M15 close above 102 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 100 sell only and do not buy. If price closes back above it again do nothing
The range 103 and 100 is neutral area, any trade done in between is personal decision and not part of this analysis
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the chart and as we can see on it is showing the pair has succeeded in closing it's daily candle above level 101.00 , and that's mean the up trend is still standing and the pair might head to 101.30 and then 101.60
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If a M15 close above 103 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 102 sell only and do not buy. If price closes back above it again do nothing
The range 103 and 102 is neutral area, any trade done in between is personal decision and not part of this analysis
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 we can see the weekly chart still down trend and the last week candle was bearish.the pair facing strong support level at 102.20. any close under it is good sign for more falling
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If a M15 close above 105 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 102 sell only and do not buy. If price closes back above it again do nothing
The range 105 and 103 is neutral area, any trade done in between is personal decision and not part of this analysis
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 formed a temporary bottom at 103.88 last week and recovered. Such recovery might continue with 105.08 minor support intact
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we can not rule out the possibility for a drop to test this major psychological barrier before any consideration for a corrective bounce.
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as we can see the weekly chart still down trend and the last week candle was bearish.the pair facing strong support level at 102.20. any close under it is good sign for more falling
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.
Very Strong Super Signal is Buy .
I think this pair will rise at upward direction .
So buy is good to trade or you can close your sell for next wee.
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as what i c see i the 1h shart i think he enter in bearish after close below the 103.95
the macd is below the 0 level rsi is beow the 50 level
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