empty
 
 
15.05.2014 09:29 AM
Technical analysis of EUR/JPY for May 15, 2014

This image is no longer relevant

Technical outlook and chart setups:

1. The EUR/JPY pair has traded below 140.00 levels for now, breaking immediate support levels. The pair is expected to get support from 139.00/10 levels as seen here, which is fibonacci 0.618 of the rally between 136.00 and 143.50. A probability of the pair rallying from current levels remain high. Recommendations are to go long, risk is around 138.90 for now.

2. Support is at 138.50, followed by 136.00, 134.00 and lower while resistance is at 141.00, followed by 142.50, 143.50/144.00 and 145.50 respectively.

3. The structure indicates that the fall from 143.50 could be a correction of the previous rally from 136.00 to 143.50. If this count holds true, the pair could see a bullish reversal above 143.50 in the sessions to come.

Trading recommendations:

Initiate long positions, stop at 138.90, target is open.

Good luck!

Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $9000 lebih banyak!
    Pada Mei kami mengundi $9000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 100% Bonus
    Kesempatan langka untuk mendapatkan bonus 100% pada deposit anda
    DAPATKAN BONUS
  • 55% Bonus
    Ajukan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback