empty
 
 
19.05.2014 11:41 AM
Technical analysis of EUR/JPY for May 19, 2014

General overview for 19/05/2014 10:30 CET

The market is trading below the weekly pivot at the level of 139.43, but the downside seems to be limited due to the decrease in the downside momentum and bullish divergence on the hourly chart and a possible low for the main impulsive wave down, 1 black, at the level of 138.75. Nevertheless, for a deeper upward corrective cycle to start, the level of weekly pivot is the key level to the upside and next resistance at the level of 139.87 is a possible first target for a corrective cycle to finish.

Support/Resistance:

138.75 - Wave 1 Low | Intraday Support |

139.43 - Weekly Pivot

139.87 - Technical Resistance | Key Level |

140.09 - 61%Fibo | WR1 |

140.97 - 141.06 - Supply Zone

Trading recommendations:

The swing traders might want to close their open short orders at current levels and wait for a corrective cycle to complete and then enter again from the level of 139.87 with SL above the level of 140.11 and open TP for now.

This image is no longer relevant
Ringkasan
Urgensi
Analitik
Sebastian Seliga
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