Forex Technical Analysis of EURJPY for September 28, 2015 | Forex Signals Market
Sunday, September 27, 2015

Forex Technical Analysis of EURJPY for September 28, 2015

Support                            -   S1 : 134.260 | S2 : 133.545 | S3 : 132.984
Resistance                        -   R1 : 135.536 | R2 : 136.097 | R3 : 136.812
Main Trend                     -   Neutral
Intraday Trend               -   Bearish


Considering all the details from the charts of forex technical analysis we can detect all critical levels and trading targets for H1 and H4 timeframes:


Forex Technical Analysis

4H Chart

The area 134.483  – 134.758   is a neutral zone.

Bullish scenario: If price moves upwards and close above the neutral zone, then the upward trading targets will be : 135.721, 136.204, 136.647, 136.984.

Bearish scenario: If price moves downwards and close below the neutral zone, then the downward trading targets will be : 133.943, 133.148, 132.275, 131.650, 131.100.


1H Chart


The area 134.900 – 135.055  is a neutral zone.

Bullish scenario: If price moves upwards and close above the neutral zone, then the upward trading targets will be : 135.384, 135.728, 136.000, 136.229.

Bearish scenario: If price moves downwards and close below the neutral zone, then the downward trading targets will be : 134.632, 134.350, 134.100, 133.943, 133.650, 133.300, 133.148.

You agree with our estimates? If you have another point of view, you can write your opinion in comments.

Using the above elements of forex technical analysis, everyone can plan his own personal forex trading strategy . We note the need to use stop loss levels.

You can subscribe to one of the two subscription packages and take advantage of all benefits of the forex signals using one of the most sophisticated Forex Signals Copier, also from monitoring the live trading room, and of course from the full support in real time.


No comments: