empty
 
 
17.08.2015 09:06 AM
Technical analysis of EUR/JPY for August 17, 2015

This image is no longer relevant

Technical outlook and chart setups:

The EUR/JPY has been stalling around 139.00 for now. Please also note that the pair has produced an evening star bearish candlestick pattern on the daily chart around fibonacci 0.618 resistance, of the drop from 141.00 to 133.00 levels respectively. A push through 138.80 from here would open doors to 140.50 levels in the near term. Past resistance turned into support is at 137.00 levels at the moment. It is recommended to still remain flat for now, looking for the pair to bounce off 137.00 levels to enter again. Immediate support is seen at 137.00 levels, followed by 135.50, 135.00, 134.00 and lower, while resistance is seen at 139.20, followed by 140.50 and higher respectively.

Trading recommendations:

Remain flat for now.

Good luck!

Summary
Urgency
Analytic
InstaForex Analyst
Start trade
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 $6000 more!
    In December we raffle $6000 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
  • 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