Thread: EUR/JPY

Hello there, don't have much time but I sold ej @ 124.27/124.6, looking to shut now and tomorrow before thursday ebc conference. Daily and weekly could nevertheless reverse back on the right track and also us gap is reached. I don't know what's going to happen but im happy with the results

Average Goal in sight for EURJPY.

Really would like to be careful selling euro still, though it could well go down to 128.0, over previous months it has been long.

Moving long. Anybody else?

TP @ 130.00 / 130.100 / 130.200

SL @ 129.25

127.94x service level a few occasions. When the EUR reinforces it might surge towards 131.16x (resistance)

My opinion: Bearish with 126.5xx a fantastic confirmation of continuation - all things being equal.

Bulls ahead ? Just stalking in their battle

December 2014 high to june 2016 non fib retracement, we have seen a rejection in 61.8 mid september. From that large on sept 22nd to the reduced on sept 26th fib, we are moving north to the 61.8, a mere 20 pips off today. I will be watching for rejection there to place a minimal risk sell order with a SL in 135, also targeting 94. Of course I will be moving stop reduction,likely on a weekly/biweekly basis, but this looks to me as if it is prepared to either fall through the ground, or sail for the moon. I'm expecting downside obviously, and after that goal area is reached (IF it is reached) I see what could be a tremendous chance for long term buys. Of course that's a lonnnnnggggg ways off, and also for the next couple of years I'm anticipating solid bearish action. 135 gets pulled out, and thats a game changer. However, for the time being.

Let us see if 132.80 holds. .

Late to the party, but thank goodness there are still chicks for me to pick-up.