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EUR/JPY Strong Support Level

Daily time frame, established figure channel and price now able to go above the EMA21 and EMA55 moving average. No matter what the main trend down, prices failed at least for now to break the strong support zone of blue sup / dem indicator. Currently the price is above the EMA21 and EMA55 level and RSI is above the 50 level, which indicates that the trend up to now. Price is likely to come close to the 23.6% level of Fibonacci retrecement.Also on h4 time frame it can be noted a strong trend up a…
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EUR/JPY analysis

Daily time frame price is within the channel figure form. I expect to form a trend down because the price rebounded from the figure above channel formation and candles show that the trend down has already begun. SMA100 and SMA200 moving averages are above the price at the same time represent a strong resistance level.Weekly time frame price has rebounded from sma100 and continues on his way down. RSI is below 50, and sma200 far below. I'm laid Fibonacci expansion, and it can be noted that the pr…
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ivanbgd 27 Jan.

The fifth candle is closed today long and it confirms a short-term trend up. I expect that the price for two or three days to reach the target level. The main trend is still short and it confirms that the RSI is below 50 level.

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ivanbgd 29 Jan.

Daily candle strong long and suggests the further trend up. Target level is very close and if the market proves to calm prices will stay here. Indicator RSI is above the 50 level.

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ivanbgd 29 Jan.

Price is on a fantastic position that is very close to the target level, which is what I predicted. I expect prices to remain as long as possible in this area close to the target level. Monday is another day where possible significant price movements.

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ivanbgd 30 Jan.

Excellent result for now, if you do not spoil on Monday to 12pm GTM. The price is very close to the target level over. Trend MCD living shows up movement, and also the RSI indicator is above the 50 level.

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ivanbgd 1 Feb.

Daily time frame, the price is in a moment burst into the red zone of the Vulture dem indicator and resistance level showed force and rejected the price down, but it can be seen that price again trying to keep up. I do not think you can today, that these remaining hours that the price went up significantly, but that the trend is definitely up there in the foreseeable future. current percentage difference to the target level is around 0.4%, which is great.

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EUR/JPY analysis

Weekly time frame, the price ranges between two SMA100 and SMA200. We move down looks slowed and stopped by the strong support level 38.2% Fibonacci expansion. Next step is to move up to the next period. It also should be noted that the RSI indicator repeatedly showed divergence and this is another confirmation of a possible trend reversal.The situation in the long time frame, the RSI above 50 and women above the SMA100.
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ivanbgd 19 Dec.

Comment 3.        The price is about 10 days was the only target level for two candles and a trend towards down began. It shows how the market is unpredictable and the price of the favorite device is downgraded chart.

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ivanbgd 21 Dec.

Comment  4        Price fought it all out up to a daily chart but in the coming period will see how much this will succeed. Strong resistance level is a channel that is just above the current price. If in the future the Japanese yen show some weakness, perhaps this currency pair will have a chance to be among the favorites.

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ivanbgd 22 Dec.

Comment  5      The second candle is closed up, but still not top surpassed 17 December candle. I'll wait for confirmation that the cost of breaking down this resistance level and then there is a chance to get closer to the target level.

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ivanbgd 28 Dec.

Comment  6      Living channel is still present on the daily chart and the price is still inside. Today's candle looks up and goes in favor of approaching the target level. Target level is just a few pips above above.

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ivanbgd 29 Dec.

Comment  7    Price successfully resist to move the dollar and fight well for now. Another daily candle closes long and it promises to be even closer to the target level, which is what I predicted. Currently, the target approximately 120 pips up.

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Price encountering strong support

Current slight trend down on a monthly time frame may be terminated in the coming weeks for several reasons. The price is near a strong support level of Fibonacci expansion and it has a great impact on short-term buy. Short-term on such a large time frame means a few weeks. I think that the price of the first to descend down to 15.5% or 23.6% of Fibonacci, and then back up strongly above the current price .On weekly time frame price has fared 55sma but slightly. This support will only have an im…
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ivanbgd 23 Sep.

3.comment:  At one point I thought that the price to reverse the trend down, but candle shows that the trend of returns above the main trend. We will see on the following days if the price has power down.

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ivanbgd 24 Sep.

4.comment:    The fifth day, the fifth candle is probably closed short, as in the previous five candles. I think it will be this pace continue in the coming days will be sell candles. This will make my target level much closer and reduce the deviation.

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ivanbgd 26 Sep.

5.comment:  See figure formed channel on the H1 chart and price, which is deducted from the trend line resistance. Today will probably price to get to the bottom line of the channel, it will be the support level.

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ivanbgd 28 Sep.

6.comment:    Current deviation is 0.75% of the target level. The trend is moving towards down and I expect continued movement in the coming days. Strong support was 35 pips down trend line of the channel on the daily time frame.

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ivanbgd 30 Sep.

7.comment:      Broken channel on the daily time frame and now form the second channel of the H! timeframe. Currently price is deducted from the resistance trend line of the channel. Price is approaching the target level. The next hours are crucial as deviation will be reduced, and the current deviation is about 0:45%.  Given that the market is very fluid and trendy, this deviation is very low.

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Strong trend

This currency pair on a monthly time frame shows a strong trend long. ADX = 38, also breaking strong resistance fibonacci 61.8 indicates a further move up to the next resistance fibonacci 100%. My target is halfway to 100% fibonacci, in view of the time that remains until this date. On the daily time frame you can see that the price of a few days ago, broke the figure of a triangle, is currently the United States in a small rollback. Other indicators for this currency pair on a monthly time fram…
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Convallium 16 Mar.

I like Fibonacci resistance!

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ivanbgd 12 Apr.

On this currency pair at day time frame triangle formed figure, and the price is currently below the support and attempting to break and to continue on the sell. However, this support is too strong so I expect odbijnje the path upwards. The previous week was quite down and the target far enough. Pictures next week will probably be quite clear for this currency pair.

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ivanbgd 28 Apr.

The daily time frame is formed triangle figure and now the price is going up towards resistance. It is important to continue to behave will be the price that you will be punching this level. It should be for two days to make it clearer further movement of this currency pair.

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Long sentiment

The movement of prices EUR / JPY up toward the consequences of punching 61.8% Fibonacci expansion to four per month, chart 23 dec. . If you look at the month chart clearly shows the trend changes to up for this couple. More indicators confirm it.
Weekly chart:
MACD (26,12,9) long
CCI (14) Long
MOMENTUM (10) Long
ROC (10) Long
I set the price a little inad strong resistance 61.8% Fibonacci expansion on a monthly chart. Otherwise, this Fibonacci expansion level has already been breached. There wil…
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ivanbgd 14 Feb.

It is still early to comment but it seems to me that the price goes up

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ivanbgd 30 Mar.

This pair may be able to make a surprise and reach the target. Price is the 50% Fibonacci level went up, it was a reaction to the strong support.

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Very strong resistance for EUR/JPY

this pair is below the 61.8% Fibonacci expansion on chart four months. Two months is very little to Fibonaci expansion showed all the power, because I have not predicted a lot of pips short.
-day chart - shows macdfix sell, RSI is near the 50, two divergence on MACD and RSI. I think it will be a long price to be around the level of 61.8%.
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ivanbgd 19 Feb.

Today the price came very close to target

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ivanbgd 21 Feb.

current situation is excellent for this currency pair. Price is on target. I hope that five days of work will not disrupt anything

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ivanbgd 25 Feb.

Price is at the target, but the yen is unstable

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ivanbgd 27 Feb.

the price is several times passing target

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jezz 2 Mar.

And now EUR seems unstable

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