empty
 
 
05.12.2014 08:49 AM
Technical analysis of EUR/JPY for December 05, 2014

This image is no longer relevant

Technical outlook and chart setups:

The EUR/JPY pair has rallied through 148.50 levels yesterday and remained just a few pips shy from 149.00 as seen here. It is recommended to exit short positions at market price at 148.50/60. Please note that the pair has kept the channel line support intact after a false break day before yesterday. Immediate resistance still remains at 149.10/20 levels while support is seen at 147.00, followed by 146.50, 145.50 and lower respectively. The pair could be looked to be bought during intraday dips ahead of 147.00 levels, risk remains at 147.00. A push through 149.00 now, could see 151.00 and subsequently 154.00 levels soon.

Trading recommendations:

Exit short positions now. Aggressive trade setup is to initiate 50% long positions now (148.50/60), stop below 147.00, the target is at 151.00.

Good luck!

InstaForex Analyst,
Especialista em análise na InstaForex
© 2007-2025
Summary
Urgency
Analytic
InstaForex Analyst
Start trade
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO
  • Chancy Deposit
    Deposite US $ 3.000 em sua conta e receba $6000 mais!
    Em Dezembro nós sorteamos $6000 na campanha Chancy Deposit!
    Tenha a chance de ganhar, depositando $3,000 em sua conta de negociação. Após cumprir essa condição, você se torna um participante da campanha.
    PARTICIPE DO CONCURSO
  • Trade Wise, Win Device
    Abasteça a sua conta com pelo menos $500, inscreva-se no concurso e tenha a chance de ganhar dispositivos móveis.
    PARTICIPE DO CONCURSO
  • Bônus de 30%
    Receba um bônus de 30% toda vez que você fizer um depósito em sua conta
    RECEBA O BÔNUS

Recommended Stories

Não pode falar agora?
Faça sua pergunta no chat.
Widget callback