empty
 
 
02.10.2014 11:55 AM
Technical analysis of EUR/JPY for October 2, 2014

General overview for 02/10/2014 10:40 CET
The corrective wave c purple is developing as expected. However, the target level has been broken and the market went a little lower to the 78%Fibo at the level of 136.96. Throughout the whole corrective structure traders can see a three almost equal length measurements in triple three corrective cycle labeled as WXYXXZ of the whole wave B. A rebound is expected here and further impulsive wave progression upward is anticipated. A failure to make this kind of wave progression will shift our focus on the level of 136.68 (88.8%Fibo) and then on invalidation line at the level of 135.81. Support/Resistance:
135.81 - Bullish Count Invalidation Level
136.68 - 88%Fibo
136.96 - 78%Fibo
137.12 - WS2
137.30 - Intraday Resistance
137.73 - WS1
137.94 - Intraday Resistance
138.96 - Weekly Pivot

Trading recommendations:
Day traders should consider opening buy positions from current price levels, with SL below the level of 136.95 and TP level open for now. It might very good level to enter swing buy orders as well.

This image is no longer relevant
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