EURJPY Daily
Jul 31, 2018 at 08:31
347 Views
3 Replies
Member Since Mar 28, 2016
93 posts
Jul 31, 2018 at 08:31
Target Level : 129.29
Target Period : 6 hours
Analysis :
Rising Wedge identified at 30-Jul-03:00 2018 GMT-2. This pattern is still in the process of forming. Possible bearish price movement towards the support 129.2900 within the next 6 hours.
Supporting Indicators :
RSI above 60
Resistance Levels :
( B ) 129.57Last resistance turning point of Rising Wedge.
Support Levels
( A ) 129.29Last support turning point of Rising Wedge.
Target Period : 6 hours
Analysis :
Rising Wedge identified at 30-Jul-03:00 2018 GMT-2. This pattern is still in the process of forming. Possible bearish price movement towards the support 129.2900 within the next 6 hours.
Supporting Indicators :
RSI above 60
Resistance Levels :
( B ) 129.57Last resistance turning point of Rising Wedge.
Support Levels
( A ) 129.29Last support turning point of Rising Wedge.
Attachments:
Member Since Mar 28, 2016
93 posts
Aug 01, 2018 at 06:52
Keep selling EURJPY TP 129.29
Member Since Mar 28, 2016
93 posts
Aug 05, 2018 at 05:42
Target Level : 129.228
Target Period : 18 hours
Analysis :
Channel Down identified at 03-Aug-08:00 2018 GMT-2. This pattern is still in the process of forming. Possible bearish price movement towards the support 129.2280 within the next 18 hours.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 129.42Last resistance turning point of Channel Down.
Support Levels
( A ) 129.228Last support turning point of Channel Down.
Target Period : 18 hours
Analysis :
Channel Down identified at 03-Aug-08:00 2018 GMT-2. This pattern is still in the process of forming. Possible bearish price movement towards the support 129.2280 within the next 18 hours.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 129.42Last resistance turning point of Channel Down.
Support Levels
( A ) 129.228Last support turning point of Channel Down.
Member Since Jul 23, 2020
759 posts
Aug 07, 2021 at 16:38
EURJPY Price may extend to $132.0 and $132.5 price.
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