EURJPY Sell IdeaEURJPY Sell Idea
First we want to see the 126.67 level crossed to the upside.
Only if this happens sell the break of the red TL aiming:
T1 125.2
T2 124.6
T3 120
SL 2 pips + spread above last high
Eurjpysell
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
EURJPY (RY) - Weekly ForecastHello Traders!
We would like to present EurJpy forecast. (3-rd variant)
Sell limit - 129.000, S/L - 130.500, T/P - 126.900
Best regards, Powerful Traders.
EUR/JPY OFFERING COMPELLING SHORT OPPORTUNITY EUR/JPY finding resistance at 139.50's, price action on 1H + 4H looking indecisive/bearish.
Long term trend line break adds further confirmation of short bias, short term down trend has formed on 1H time frame.
Three tests of structure resistance on 1H time frame also indicates lack of upward momentum, short term bullishness is only abouve 139.50's.
Looking for potential profit taking around 138.40's, however strong momentum and clear break of this handle could lead to further downside - exposing 137.00.
