Thread: Eur/Jpy
http://prntscr.com/42wvf2
analysis for today 7 / 15 / 2014
EUR/JPY (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 138.18
Retracement (50%) 138.11
retracement (61,8%) 138.04
Extensions (61.8%) 138.80
Extensions (100.0%) 139.04
Extensions (138.2%) 139.28
Extensions (161.8%) 139.42
calculation based on a Fibonacci retracement then today I choose buy
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http://prntscr.com/42rvon
analysis for today 7 / 15 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EUR/JPYon the date 7 / 14 / 2014
OPEN 137.85
HIGH 138.42
LOW 137.80
CLOSED 138.25
The third resistance (R3) 138.42 - ( 138.16 - 137.80 = 0.36 x 2 = 0.71 )= 139.13
The second Resistance (R2) 138.16 + 138.42 - 137.80 = 138.78
First resistance (R1) 138.16 x 2 = 276.31 - 137.80 = 138.51
pivot points 138.42 + 137.80 + 138.25 = 414.47 / 3 = 138.16
Support for the first (S1) 138.16 x 2 = 276.31 - 138.42 = 137.89
Support second (S2) 138.16 - ( 138.42 - 137.80 = 0.62 ) = 137.54
Third Support (S3) 137.80 - ( 138.42 - 138.16 = 0.26 x 2 = 0.53 )= 137.27
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.
Euro/jpy is the most popular and widely traded by the peoples because it fluctuates sharply and can move daily good pips ups and downs and some times it move more then 100 pips a day and have great chance to earn good profit.
"I don't believe in taking the right decision,I take a decision and make it right".
Apparently, the price will come down and it can get to the level of 137.80 that's why I recommend to sell and stay away from Buying Now.
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.
Unregistered (1)
http://prntscr.com/42ktim
analysis for today 7 / 14 / 2014
EUR/JPY (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 137.88
Retracement (50%) 137.84
retracement (61,8%) 137.79
Extensions (61.8%) 138.25
Extensions (100.0%) 138.39
Extensions (138.2%) 138.53
Extensions (161.8%) 138.62
calculation based on a Fibonacci retracement then today I choose buy
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.
Unregistered (1)
http://prntscr.com/42hljv
analysis for today 7 / 14 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EUR/JPYon the date 7 / 11 / 2014
OPEN 137.89
HIGH 138.02
LOW 137.65
CLOSED 137.85
The third resistance (R3) 138.02 - ( 137.84 - 137.65 = 0.19 x 2 = 0.38 )= 138.40
The second Resistance (R2) 137.84 + 138.02 - 137.65 = 138.21
First resistance (R1) 137.84 x 2 = 275.68 - 137.65 = 138.03
pivot points 138.02 + 137.65 + 137.85 = 413.52 / 3 = 137.84
Support for the first (S1) 137.84 x 2 = 275.68 - 138.02 = 137.66
Support second (S2) 137.84 - ( 138.02 - 137.65 = 0.37 ) = 137.47
Third Support (S3) 137.65 - ( 138.02 - 137.84 = 0.18 x 2 = 0.36 )= 137.29
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.
http://prntscr.com/41mf3i
analysis for today 7 / 11 / 2014
EUR/JPY (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 137.79
Retracement (50%) 137.84
retracement (61,8%) 137.88
Extensions (61.8%) 137.42
Extensions (100.0%) 137.28
Extensions (138.2%) 137.14
Extensions (161.8%) 137.05
calculation based on a Fibonacci retracement then today I choose sell
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.
http://prntscr.com/41js6n
analysis for today 7 / 11 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EUR/JPYon the date 7 / 10 / 2014
OPEN 137.89
HIGH 138.02
LOW 137.65
CLOSED 137.88
The third resistance (R3) 138.02 - ( 137.85 - 137.65 = 0.20 x 2 = 0.40 )= 138.42
The second Resistance (R2) 137.85 + 138.02 - 137.65 = 138.22
First resistance (R1) 137.85 x 2 = 275.70 - 137.65 = 138.05
pivot points 138.02 + 137.65 + 137.88 = 413.55 / 3 = 137.85
Support for the first (S1) 137.85 x 2 = 275.70 - 138.02 = 137.68
Support second (S2) 137.85 - ( 138.02 - 137.65 = 0.37 ) = 137.48
Third Support (S3) 137.65 - ( 138.02 - 137.85 = 0.17 x 2 = 0.34 )= 137.31
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.
Euro/jpy best trading pair hain aisa muje lagta hain isilye main hmesa is me hi trading karta hu kyunki is pair hain ak hin din main kafi fluctuations ho jati hain.
"I don't believe in taking the right decision,I take a decision and make it right".
The price broke the support at 137.9, which means that the price will continue going down. I expect it will retest the this support that turned into a resistance and then it is possible that will go to the level at 136.16.
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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