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Eur/Jpy : 29/01/2016 Technical Analysis Report

29th January 2016 CFX Admin

Our Preference: Buy Above 129.50 for the target of 132.00 levels.
Alternative Scenario: Sell Below 132.00 for the target of  130.00 levels.
 
Technical Commentary :- In Daily Chart:- Yesterday EurJpy broken the resistance level of horizontal line and closed above the resistance level so we can except on buying side and we can buy near support level and except upto next  key resistance levels :- which we have shown in above image.
In 4 Hour Chart :- Eur Jpy was trading above the resistance level of horizontal line and its trading with upper trend line so we can except on buying side from intraday support level and except upto next  key resistance levels :- which we have shown in above image.
In 1 Hour Chart :- EurJpy was trading below the upper trend line and its broken the support level of horizontal line so its confirming for the selling side so we can sell near intraday resistance level and except upto next key support level :- which we have shown in above image.


Technical Commentary :- In Daily Chart:- Yesterday EurJpy broken the resistance level of horizontal line and closed above the resistance level so we can except on buying side and we can buy near support level and except upto next key resistance levels :- which we have shown in above image.



In 4 Hour Chart :- Eur Jpy was trading above the resistance level of horizontal line and its trading with upper trend line so we can except on buying side from intraday support level and except upto next key resistance levels :- which we have shown in above image.



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Pips Counter

PIPS COUNTER - SINCE JANUARY 2013
Total Trades Total Pips
EUR / USD 1135 10130
GBP / USD 1054 10550
USD / CHF 907 8945
EUR / JPY 818 10435
XAU / USD 1156 207955
TOTAL: 248015

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