Eurjpy15min
EURJPY Trading Tips and Market Analysis 4th July 2016SUMMARY:
The EURJPY pair bounced slightly during the course of the day on Friday, using the 113.28 level as support. At this point in time, the market is looking bearish. The primary trend of EURJPY is bearish on charts and price is trading below its support trend line in its 1 hourly chart. In its daily chart the price is sustaining below 200 day SMA that are appears on the above image indicating downtrend of the pair. It is having an important resistance at the level of 115.50 Support at the level of 113.28. 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 negative trend in the pair.
STRATEGY:
EURJPY 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.
Likes and comments much appreciated here guys, thanks.
www.tradingsignalreviews.com
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
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
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
EUR-JPY Potential Cypher pattern completion on 15 min. TFHere we have a Cypher pattern that is about to complete on the 15 min. timeframe.
Its with the 15 min. trend but against the H4 and Daily trend, so i am using half position here. The RSI is on its way down to oversold area so that could help to give a push if we see it inder the 20ish area.
Lets see whats going to happen.
Comments are very welcome!
Kind regards
Thomas Jeff