EUR/JPY intraday: as long as 124.50 is support look for 125.16

Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
  • #4063
    Kiaria Yoshida

    124.50 is our pivot point.

    Our preference, as long as 124.50 is support look for 125.16. Alternative scenario is below 124.50, expect 124.29 and 124.17.

    The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is trading under its 20 MA (124.73) but above its 50 MA (124.67).

    Rob Dowel

    In the Forex market, the spread is really very important tool to almost every trader because with certainly the lower spread can help a trader to make good money easily. By using the low spread, you can make a profit in a short- time. From my credible broker Tpglobalfx, I get the low spread from 0.01 pips with instant market execution, low commission, low margin with easy withdraw facility forever in their platform.


    We all know the proverb that no risk no gain. Forex market has also risk. A trader when trading in the market, he always try to reduce the risk. It is not easy to minimize the risk. Trader should study hard before trading in the market. A broker also can help to minimize the risk. To give the guideline I take Forex4you as my broker. Their planning, execution and ease of access pleasing me all time.

Viewing 3 posts - 1 through 3 (of 3 total)
  • You must be logged in to reply to this topic.

Related Articles


Our website uses cookies and thereby collects information about your visit to improve our website (by analyzing), show you Social Media content and relevant advertisements. Please see our cookies page for furher details or agree by clicking the 'Accept' button.