empty
 
 
26.06.2017 08:38 AM
Elliott wave analysis of EUR/JPY for June 26, 2017

This image is no longer relevant

Wave summary:

We continue to look for more upside towards 127.00 as the next upside target. In the short term, a break above minor resistance at 124.65 will confirm the expected rally higher towards 125.80 on the way higher to 127.00 and 133.34 as the next major upside targets.

Support is now seen at 124.33 and a break below here will delay the expected rally higher, but support at 123.79 should be able to protect the downside for the expected rally higher.

R3: 125.80

R2: 125.27

R1: 124.65

Pivot: 124.50

S1: 124.38

S2: 124.14

S3: 123.99

Trading recommendation:

We are long EUR from 124.46 with stop placed at 123.55. If you are not long EUR yet, then buy a break above 124.65 and use the same stop.

Torben Melsted,
Analytical expert of InstaForex
© 2007-2024
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback