empty
 
 
27.11.2015 06:38 AM
Elliott wave analysis of EUR/JPY for November 27 - 2015

This image is no longer relevant

Wave summary:

EUR/JPY has tested the 161.8% extension target at 129.93 and we expect a minor correction back towards 132.50 before the next downside pressure towards 125.60 occurs.

Only a breakout above resistance at 133.22 will question this count, but it will take a breakout above 134.75 to invalidate it altogether.

Trading recommendation:

We will buy EUR here at 130.08 and place our stop at 129.08.

Summary
Urgency
Analytic
Torben Melsted
Start trade
Gagnez sur les variations du cours des cryptomonnaies avec InstaForex.
Téléchargez MetaTrader 4 et ouvrez votre première transaction.
  • 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 $8000 more!
    In March we raffle $8000 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

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback