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Monday 9 March 2015

$EURJPY Is In Bearish Trend


FOREX TRADING SIGNALS




SUMMARY : 

The primary trend of EUR/JPY is bearish, prices are successfully sustaining at the lower levels & looking  weak for the upcoming sessions. The pair is consolidating with strong negative bias to give a breakout at downside. Prices are also taking support at the important level of 131.35 Today if the pair breaks 131.35 & managed to sustain below it, then we can expect it to continue its ongoing trend & test the level of  131.00  in today's session. RSI is also sustaining in selling territory supporting downside movement in the pair. 


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EUR/JPY( Hourly )

CHARTS & SIGNALS




STRATEGY : 

EUR/JPY is looking further bearish on charts. One can go for sell on higher level strategy for this pair for intra day to mid term positions.


PIVOT POINTS :


S3
S2
S1
PIVOT
R1
R2
R3
EUR/USD
1.0725
1.0773
1.0812
1.0860
1.0899
1.0947
1.0986
GBP/USD
1.4943
1.4983
1.5056
1.5096
1.5169
1.5209
1.5282
USD/JPY
119.84
120.21
120.68
121.05
121.52
121.89
122.36
USD/CHF
0.9765
0.9791
0.9825
0.9851
0.9885
0.9911
0.9945
AUD/USD
0.7615
0.7648
0.7675
0.7708
0.7735
0.7768
0.7795
EUR/GBP
0.7102
0.7135
0.7154
0.7187
0.7206
0.7239
0.7258
USD/CAD
1.2517
1.2544
1.2574
1.2601
1.2631
1.2658
1.2688
NZD/USD
0.7242
0.7281
0.7321
0.7360
0.7400
0.7439
0.7479




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