empty
 
 
21.01.2015 01:47 PM
Technical analysis of EUR/JPY for January 21, 2015
This image is no longer relevant

Technical outlook and chart setups:

The EUR/JPY pair seems to be retracing at the moment, after printing highs around 137.50/60 levels yesterday. The pair is seen to be trading at 136.20 levels for now, after forming lows at 135.70 levels earlier. Please note that 135.70 levels is Fibonacci 0.618 support of the rally from 134.20 to 137.60. It is still recommended to hold long positions taken earlier and also to look for adding more longs at current levels. A bullish bounce from here is expected to push the pair higher through 140.00 region as depicted here (red color). Immediate support is at 134.00 and lower while resistance is seen at 140.30/40 levels (Fibonacci). Bulls are expected to remain in control as long as prices remain above 134.00.

Trading recommendations:

Remain long, stop below 134.00, 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