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Thread: EUR/JPY

  1. #1
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    EUR/JPY

    Thread for EUR/JPY discussion - latest news, technical analysis, forecasts and opinions.

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  2. #21
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    Market has break the level of the created by Doji was 1299.15 and trying to go above of this level , key level is break down , so more buying is expected as YEn is down in usd against and USd/JPY trying for 100 , histogram showing the bulls tendency so today market bias is bullish

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    eur facing the resistance at the level 129.82 , prices are above of the daily pivot floor , more likely has the strength for the upward , if prices remain above DP then 129.82 level will be break down

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    Market is almost ready to break the 0 fib level , as we talk about that yen is weak so euro getting strength here , since after the market if able to go beyond this level , then after immediate goal of the market reach towards the level of nearest resistsance which is almost 90 pips away 131.28

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  5. #24
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    As we have yesterdat talk about 0 fib level breaking , we may can see that market has breach the level and it's goes near to the floor of the nearest resistance 131.28 not succeed in giving the test , since market now taking bounces from 0 fib , acting like support so tendency today for bullish behavior

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    Prices are taking the bounces from the level of the 23.6 , since market already given the respect to the level of the 38.2 fib and bounce back , if candle does not close below the 23.6 , then breaking of 0 and extension levels are expected

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  7. #26
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    Price has stall around the trend line and trying to rise in our chart which we can see at our chart , if the prices not succeed in breaching the level of the 129.xx and after that market more likely to go above 130.90

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  8. #27
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    quite zig zag trend game going on , where is our trend line is we had double bottom and after that control of bulls so far , market is hovering over the 23.6 fib level and more likely comes back to the 38.2 fib level before again try to reach over the 0 fib level , where break out the trend line will called lot of seller

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  9. #28
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    Euro still having the bullish steam , price is hovering the pivot of 130.23 and having quite good tendency to break down this level , after breakout the market has immediate goal to stall near the pivot 131.xx , breaking of the 129.65 would call heavy selling

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  10. #29
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    Yesterday EJ remain weaker , since Euro got the selling pressure and Yen doesn't get weakness in U/J market now is facing the resistance 129.34 , and try several time to break it but couldn't succeed in doing so , if market breach then immediate pivot expected to be see , 130.xx

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  11. #30
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    129.55 level is the psychological level for the market which we may can see at the chart, if the market able to break this level then immediate goal of the market 128.xx which likely market will break it , and if the market reverse here and break the level 130.50 zone then trend reverse then buying positions happens.

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