empty
 
 
14.05.2013 01:48 PM
EurJpy showing signs of weakness at 132.00

This image is no longer relevant

Technical outlook and chart setups:

A simple trend view of Daily chart has been presented here. The single currency pair has begun to show weakness since the last 2 trading sessions. Yesterday a Hanging Man was observed and today's formation till now presents the same trade signal. This could be an early indicator of a possible reversal ahead. It is recommended to initiate short positions now (1.3180/85), with an open target and defined risk above 132.60/65. A fall below 130.00 would confirm that a major downswing is underway, and a break of 127.00 levels would accelerate the fall. On the flip side, a push above 132.60 would further open doors towards 134.00 and 136.00 on the higher side but remains less probable move for now.

Trading recommendations:

Initiate short positions, stop is at 132.60/65, and target is open.

Good luck!

Ringkasan
Urgensi
Analitik
InstaForex Analyst
Mulai berdagang
Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $6000 lebih banyak!
    Pada Desember kami mengundi $6000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback