Daily Trading Signals by Exness - EUR/JPY

Discussion in 'Forex Signals' started by Exness Support, Aug 25, 2014.

  1. Exness Support

    Exness Support Active Trader

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    USDJPY: consolidation below the level of 124.11

    USDJPY
    Aug. 3, 2015, 09:02
    Buy on a level breakthrough of 124.11 with 124.58 target. Stop loss = 123.64.

    Reason for the trading strategy

    In July, the business activity index in Japan's manufacturing sector rose from 50.1 p to. 51.2 p. but was worse than the forecast of 51.4 p. The statistics is moderately negative for the yen. At the level breakthrough of 124.11, opening long positions in the USD/JPY pair is worth considering.

    USDJPY, H1



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  2. Exness Support

    Exness Support Active Trader

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    EURJPY: Consolidation in the range of 138.13-138.98

    EURJPY
    Aug. 24, 2015, 09:20
    Buy on a level breakthrough of 138.98 with 139.94 target. Stop loss = 138.48.

    Reason for the trading strategy

    The simultaneous growth of the euro and the yen does not allow the EUR/JPY pair get out of the range of 138,13-138,98. No significant macroeconomic statistics for the Eurozone is expected to be issued today. On a level breakthrough of 138.98, opening long positions in the pair is worth considering.



    EURJPY, H1

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  3. Exness Support

    Exness Support Active Trader

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    EURJPY: consolidation in the range of 132.35-132.70

    EURJPY
    Nov. 6, 2015, 10:10
    Sell on a level breakthrough of 132.35 with 131.85 target. Stop loss = 132.85.

    Reason for the trading strategy

    In September, the industrial production in Germany fell by 1.1% (m/m) with a forecast of 0.6% (m/m) growth. The data indicate a contraction in the real sector of the Eurozone's largest economy. At a breakthrough of the support level of 132.35 opening short positions for the EUR/JPY pair is worth considering.

    EURJPY, H1

    [​IMG]
     

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