Wednesday 2 April 2014

FOREX Signals Today with EUR/JPY Technical Analysis

EUR/JPY Technical Analysis
Formed day golden cross, the pair continued moving to the past maximum 143.78, update and consolidate above which is the main objective on the way to the goal breakdown daytime clouds and clipping adjustment on a weekly half. Support from senior halftime now remained far below and is not very relevant

EUR/JPY H4 Formation
That's a cloud struck H4, have tested and advanced to the target, which is called non-stop, only limited support for short-term trend H4. See enough power to endure and fulfill the purpose of 100%. After working target levels can be formed and consolidation recoil movement. First support is now 143.16 (Tenkan H1), then the work will come 142.70-77 (Tenkan Kijun H4 + H1). Breakdown and fastening under the cross H1 and H4-term trends will lead to a deepening of the main reference is correct and in this case would be the Kijun H4, now it is located at 141.69 and enhanced daytime levels.

FOREX Signal For Today:
USD/CHF continues bearish trend taking resistance at level 0.8899. One can enter SHORT position if pair sustains below support level of 0.8782. Key fundamental to look for today is ADP Non-Farm Employment Change to be announced at 12:15pm GMT with forecast value 192K against previous 139K.

FOREX Signals
USD/CHF Today

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