अब से हम Elev8 हैं
हम केवल एक ब्रोकर नहीं हैं। हम एक ऑल-इन-वन ट्रेडिंग इकोसिस्टम हैं—आपको विश्लेषण करने, ट्रेड करने और बढ़ने के लिए जो कुछ भी चाहिए, वह एक ही स्थान पर है। क्या आप अपने ट्रेडिंग को ऊँचा उठाने के लिए तैयार हैं?
ट्रेडिंग न्यूज़
10 Apr 2019
EUR/JPY Technical Analysis: Long-entry to target descending resistance for reversal to target 38.2% Fibo
- EUR/JPY found tough resistance at the 23.6% Fibo of the 2019 range and cloud top.
- A break there opens trend line resistance guarding a break towards the 200-DMA (blue on the chart below) at 127.80.
- On a break of 124.90 opens risk of a subsequent test of trend line support guarding the 38.2% Fibo.
- Below 123.40 (Jan 7 and Jan 15 lows) opens of the 50% Fibo at 123.02.
- A break there will likely see the price continue in its southerly trajectory, extending last September's bear trend.
- However, in the near term, daily candles are aligned bullish in a rising channel and hourly stochastics are oversold.
- The price at the bottom of an hourly rising wedge formation as price holds above the 200-hr SMA on a third downside attempt.
- Typically, the price would revert back to the top of the rising wedge and in this case, above recent tops through 125.70.
- A followthrough opens the case for a test of the descending resistance line to challenge the 126 handle - A bears dream entry point with sights on a reversal back to the 38.2% Fibo target at the 124 the figure.
