empty
 
 
27.02.2018 06:50 AM
Elliott wave analysis of EUR/JPY for February 27, 2018

This image is no longer relevant

Wave summary:

EUR/JPY remains lower in the wave (E) of the huge triangle, that has been developing since July 2008. This will keep pressuring EUR/JPY lower, ideally to 123.43 before this huge triangle consolidation finally comes to the end and a new impulsive rally higher can take hold.

In the short term, we are looking for resistance near 137.20 to cap the upside for renewed downside pressure towards at least 127.52 on the way lower to 123.43.

R3: 132.79

R2: 132.20

R1: 132.10

Pivot: 131.56

S1: 131.05

S2: 130.89

S3: 130.55

Torben Melsted,
Analytical expert of InstaForex
© 2007-2024
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback