InstaForex Wave Analysis - page 156

 

EUR/JPY technical analysis for May 24, 2013

RECOMMENDATIONS:

Buy stop (pending order) at 132.51.

Take profit at 132.65.

Stop loss at 132.41.

Alternative:

Sell stop (pending order) at 131.74

Take profit at 131.60

Stop Loss @ 131.84.

More analysis - at instaforex.com

 

EUR/USD weekly technical levels for May 27-31, 2013

Intraday trading recommendations:

According to previous events, the price has still been trapped between 1.2960 and 1.2890.

Below 1.3015 look for further downside with 1.2915 (the weekly pivot point) and 1.2850 targets.

Stop loss should be placed at 1.3070.

Please check out the market volatility before investing, because the sight price may have already been reached and scenarios might have become invalidate.

More analysis - at instaforex.com

 

EUR/JPY technical analysis for May 28, 2013

RECOMMENDATION:

BUY Stop (Pending Order) at 131.76.

Stop Loss at 131.66.

Take Profit at 131.90.

Alternative:

SELL Stop (Pending Order) at 131.24.

Stop Loss at 131.34.

Take Profit at 131.10.

More analysis - at instaforex.com

 

EUR/JPY technical analysis for May 29, 2013

RECOMMENDATION:

Sell stop (pending order) at 130.99.

Stop loss at 131.09.

Take profit at 130.85.

Alternative:

Buy stop (pending order) at 131.76.

Stop loss at 131.66.

Take profit at 131.90.

More analysis - at instaforex.com

 

EUR/JPY technical analysis for May 30, 2013

RECOMMENDATION:

Buy stop (pending order) at 131.51.

Stop loss at 131.41.

Take profit at 131.65

Alternative:

Sell stop (pending order) at 130.74.

Stop loss at 130.84.

Take profit at 130.60.

More analysis - at instaforex.com

 

EUR/JPY technical analysis for May 31, 2013

RECOMMENDATION:

Buy stop (pending order) at 132.01.

Stop loss at 131.91.

Take profit at 132.15.

Alternative:

Sell stop (pending order) at 131.49

Stop loss at 131.59.

Take profit at 131.35.

 

EUR/JPY technical analysis for June 3, 2013

RECOMMENDATION:

SELL Stop (Pending Order) is at 130.74.

Take Profit is at 130.60

Stop Loss is at 130.84

More analysis - at instaforex.com

 

EUR/JPY technical analysis for June 4, 2013

RECOMMENDATION:

SELL Stop (Pending Order) is at 129.99.

Take Profit is at 129.85.

Stop Loss is at 130.09.

More analysis - at instaforex.com

 

EUR/USD: intraday technical analysis for June 5, 2013

Overview:

The EUR/USD pair's support had been broken and it was turned to resistance around the price of 1.3188 for a month. Therefore, the pair has already formed a strong resistance at 1.3188. Moreover, after it could close above 1.3100 and the pair started signing for bullish market, it should also be noted that the price has still been trapped between 161.8% Fibonacci Retracement levels and 100%. As well the RSI and the last strong support (around the double bottom (1.2965) on H1 chart) are still calling for uptrend at this level. Hence, the market indicates a bullish opportunity on level of 1.2965 on the H1 chart with the first target of 1.3053 and continues towards 1.3093 above the weekly pivot point. However, in case reversal takes place and the EUR/USD pair breaks through the support level of 1.3012, the market will lead to futher decline to 1.2960.

More analysis - at instaforex.com

 

EUR/JPY technical analysis for June 7, 2013

RECOMMENDATION:

Sell stop (pending order) at 127.99.

Take profit at 127.85.

Stop loss at 128.09.

More analysis - at instaforex.com

Reason: