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Forex Discussions
Technical Analysis
Daily Technical Analysis Report From CentreForex
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[QUOTE="Centreforex, post: 93731, member: 36276"] [B]Eur/Jpy : 14/12/2015 Technical Analysis Report From CentreForex[/B] [B]Our Preference:[/B] Sell Below 133.40 for the target of 132.50 levels. [B]Alternative Scenario:[/B] Nill [B]Technical Commentary :- In Daily Chart :- [/B]EurJpy was trading with upper trend line and yesterday it was closed lower side as bearish candle and closed below the key support level of horizontal line so today we can except on selling side :- We have shown in above image. [IMG]https://charts.mql5.com/9/643/eurjpy-d1-fxpro-financial-services.png[/IMG] [B] In 4 Hour Chart :- [/B]EurJpy was trading in the equidistant channel lines and trading near upper trend line so we can sell below upper channel line and except upto next key support levels :- We have shown in above image. [IMG]https://charts.mql5.com/9/643/eurjpy-h4-fxpro-financial-services.png[/IMG] [B]In 1 Hour chart :- [/B]EurJpy was trading below the upper trend line and now its trading below key support level so we can sell near intraday resistance level and except upto key support level :- We have shown in above image. [IMG]https://charts.mql5.com/9/643/eurjpy-h1-fxpro-financial-services.png[/IMG] [/QUOTE]
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