In Daily chart :- Eur/Jpy was trading in the equidistance channel lines and trading below key resistance level 131.50 and yesterday triangle pattern was broken on lower side so we so we can sell below 130.00 and 131.50 levels :- We have shown in image.
Technical Commentary :- In Weekly Chart : Eur/Jpy was trading in the equidistant channel lines and last 3 week high acting as major key resistance level and 130 level is the key resistance because its was previous support level now it acting as key resistance level , so this week we can except to move on lower side :- We have shown in image.
In 4 hour chart Eur/Jpy was trading in the triangle pattern and its trading in the range bound pattern between key resistance level and key support level and Eur/jpy was trading near upper trend line so we can sell below upper trend line @ 130.20 level :- We have shown in image.
In 1 hour chart, EurJpy was trading in the equidistant channel lines and its trading near upper trend line, we can except sideways moments and next support levels : - We have shown in image.
| 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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