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Price action

singleboyin Posted 13 Dic as Analysis on EUR/JPY, Target: 141.6000, Date: 3 di Febbraio, 12:00 GMT  in #Technical analysis #EUR/JPY
Chart 1:- Monthly
Chart 1:- Weekly
This pair is trading just above the 61.8% retracement level.and in the sell area...and i don't think it will able to close above 141.335 this month. but even if it fails to close, the trend is up...definitely it will test the 61.8% level. correction will come soon but will hold the trend.
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Heading for 135-138 finally

singleboyin Posted 3 Ott as Analysis on EUR/JPY, Target: 136.4600, Date: 2 di Dicembre, 12:00 GMT  in #Technical analysis #EUR/JPY
In the 2 weeks chart(on top). Eur Jpy got suppy area (Red)at 141.06-136.50 but the strong supply area(Dark red) with in this supply zone is 139.12-137.8. and the demand area is 130.81-129.50(Green area) .Inbetween these area got two resistance at 133.25 and 134.42 and currently the pair is trading above another strong resistance line at 132, which is now a strong support area.
In weekly chart,it has 2 close above 132 level and then a retest of 132 level again closing at 131.98.so no clear indica…
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singleboyin 25 Nov

update:- Eurjpy has reached my target of 137.80 today and is trading now @137.946 and is in the supply area.138.55 and 139.12 and 141.06 is the resistance to face.Expecting price will come down to 136.20-136.60 area for the monthly close . lets hope for the best

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Heading for 135-138 level

singleboyin Posted 21 Mag as Analysis on EUR/JPY, Target: 134.5500, Date: 1 di Luglio, 12:00 GMT  in #Technical analysis #EUR/JPY
The EUR/JPY is facing resistance at level 132.00 area, In April we have seen a significant move and i am hoping still it will face strong resistance at 132 level( the 50% retracement level. Keeping the fundamental things away, i can tell that still its not a case that we will look for sell,still enough movement is left if we see the monthly chart. Now if you come to weekly chart, we find a strong uptrend having strong support at 130.80 and 127.96.so there is no reason for long term sell. but loo…
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Skif avatar
Skif 31 Mag

A good overview indicating significant levels of

singleboyin avatar
singleboyin 31 Mag

Thanks SKIF and all who liked my analysis and visitors also

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singleboyin 2 Giu

update EURJPY :- As per my analysis for 1st July , i am still optimist of my target of 134.55 as on 1st July. As i said ,resistance at level 132.00 seems to be too tough to break, but not so...the pair just following the pattern it has formed in daily chart. Nothing has changed except the top of the pattern and retracement levels. 23.6 retracement is now 130.20( which the pair still holding) and 38.2 is now 128.10..( the level to watch)

VTTG avatar
VTTG 11 Set

I like your indicators, I also use almost these indicators

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