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Eurjpyprediction

EUR/JPY1. Price may continue going down to .382 (S3), if it breaks the S3 price should retrace off the channel and go into an uptrend. 2. Possible reversal at 122.417 & 122.216 4. Once the resistance level at 122.739 is broken it turns into support for the uptrend 5. Once uptrend starts price may retrace 2 times before reaching target. 6. Watch for the retracement and exit trade "long and re-enter "Short" until the indication of the next uptrend 1,260 or more Possible Pips gained, if entries are on time
Long
by mrmyers3133
EUR/JPY Forex Trading Tips & Market Analysis 14th April 2016SUMMARY: The current trend of EURJPY is bearish on charts and price is trading below 50 day SMA and 200 day SMA with appearance of dead cross on 4 hourly charts. It is having an important support at the level of 123.12 and resistance at the level of 123.85. On chart it made a symmetrical triangle. If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair. INDICATORS:- RSI is sustaining below 50 in its selling zone indicating the upcoming bearish trend in the pair. STRATEGY: On the down side break out of symitrical triangle on charts on can go for sell for next few trading session. www.tradingsignalreivews.com
Short
by TheBanker
2
Forex Market Analysis & Trading Tips EURJPY Long!EUR/JPY ( 30 MIN. ) SUMMARY: The secondary trend of EUR/JPY is bullish on charts and price is trading above the trend line in its 30 min. chart. In 30 min. chart the price is sustaining above 200 day SMA and taking support of 50 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 125.00 and support at the level of 124.05. If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair. INDICATORS:- MACD is sustaining in its positive territory indicating the bullish trend in the pair. RSI is sustaining in its buying zone indicating the upcoming bullish trend in the pair. STRATEGY: EUR/JPY is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it. Let me know how you get on! www.tradingsignalreviews.com
Long
by TheBanker
Today's Chart - EUR/JPY Today's Chart: :EUR/JPY ( HOURLY ) The primary trend of EUR/JPY is bullish on charts and price is trading below the trend line in its hourly chart. In hourly chart the price is sustaining above 200 day SMA and taking resistance of 50 day SMA indicating downtrend of the pair. It is having an important resistance at the level of 131.65 and support at the level of 130.02. If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair. INDICATORS MACD is sustaining in its negative territory indicating the bearish trend in the pair. RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair. STRATEGY EUR/JPY is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra-day to mid-term positions in it. www.tradingsignalreviews.com
Short
by piponomics
4
EURJPY (RY) - Long&ShortHello! Definitely, there is the Global Downtrend! But to the end of this year, we have two variants. 1) Long - S/L131.000, T/P133.700-134.000 2) SHORT - Sell Limits near 134.500 - 135.000, S/L 137.140 (EWP rules), T/P 123.500 Please, if you want to enter the market, first of all, use the Market Profile, Volume, Cluster&Delta analysis, Depth of Market and Footprint, when combined with the Wave Theory! Because without the above methods, the wave analysis is incomplete and inaccurate. Best Regards! Powerful Traders.
Short
by POWERFUL_TRADERS