analysis eur/jpy

[zxcvbn]

22-11-2007
eur/jpy now at 161.20
entry limit buy at 161.00
take profit at 161.30

[ngurah]

While below 0.7215 it is more likely to fall further towards 0.7180 or 0.7168. Premature rise above 0.7215 could see it rising above 0.7238 zone.

[anujgoyal.1]

In e/j what position one should make on monday?

[aLa_miKu]

EURJPY trend is now UP ... after the divergence that occured on the 4h chart, after the last BIG black candle you can see that little star , and then another set of white candles, as far as i know we have to wait until thise upward movement passes the black candle open and then it`s a bit more safer to open long > aka a candle closes above 164.71

[wiratni]

It might hold above 159.89 or around 159.78 for a rise towards above 161.11. Stop loss below 159.35 zone.
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[adkhan]

22-11-2007
eur/jpy now at 161.20
entry limit buy at 161.00
take profit at 161.30

Your profit, as seen from this entry, was only 10 pips. How many trades do you execute every day?

[wiratni]

161.31. Uptrend is still intact in a triangle configuration. It should continue to rally to 161.72 or 162.62 if support around 160.99 hold. After which a pullback to 160.99 - 160.66 zone is possible.
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[wiratni]

There is bearish potential for a fall to below 160.37. up correction could find resistance around 161.33. Rise above 161.67 could weaken this bearish view.
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[wiratni]

It may attempt a test higher to 158.12 after which weakness may set it to a drift down to below 156.30 limit.
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[wiratni]

158.28. Currently uptrend should end around 158.59 - 158.83 area. A correction down to below 157.42 is expected. A rise above 159.39 will abort the expected correction.
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[wiratni]

While below 158.27 - 158.7 it might drop to 157.06 or below 156.19 zone.

[wiratni]

It may attempt a test higher to 158.45 after which weakness may set it to a drift down to below 157.01 limit.

[FlashCall]

I scalp EJ so I'm curious; Can you post charts to back it up? Looking forward to them...

[wiratni]

It should test higher than 156.57. Entry point are at 155.52 and 155.19. A break of 154.48 is bearish.

[wiratni]

One more dip to 154.32 or 153.34 is likely followed by a grind higher to above 155.80 or 157.28. After which it can resume its downtrend.