empty
 
 
31.01.2014 11:56 AM
Elliott Wave Analysis of EUR/JPY for January 31, 2014

This image is no longer relevant

Today's Support and Resistance levels:

R3: 140.27

R2: 139.94

R1: 139.37

Current spot: 138.96

S1: 138.65

S2: 138.18

S2: 137.39

Technical summary:

We are looking for the ongoing wave blue wave iii to start accelerating towards the downside soon. The ideal target for blue wave iii is at 136.15. In the short-term, we expect minor resistance at 139.37 to protect the upside for the next decline, but if the minor resistance is clearly broken, we should expect a minor extension towards 139.94 before the next move lower towards 136.15.

A break below the support line of the base channel will confirm that the expected acceleration lower is developing.

Trading recommendation:

Stay short from 141.85 and keep your stop at 141.30. If you are not short EUR yet, then sell EUR at 139.37 with the same stop at 141.30.

Ringkasan
Urgensi
Analitik
Torben Melsted
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