EURJPY broke uptrend line
price now trading in a downtrend line
price below HVN around 130.95
price also below a key level around 130.80 and SMA 100
so it's expected the bearish movement to support level around 129.00
EURJPY broke uptrend line
price now trading in a downtrend line
price below HVN around 130.95
price also below a key level around 130.80 and SMA 100
so it's expected the bearish movement to support level around 129.00
I think the free fall now, confirms it will go down beyond 130. I am expecting the downward momentum will take this upto 128 in couple of days. what do you think?
will it further up? Thumbsup else thumbsdown. All indicators suggest this will possibly go up. But, it did grow quite a bit in last couple of days and is quite stable at this level.
Last week, SP500 found strong support in 4500 zone and reversed strongly and with a big impulse. Now the index is in a small correction of this first impulse up and we can have a new leg up pretty soon. 4605-4610 zone is support at this moment and dips around here would be an oportunity to buy. A drop under 4600 would negate this scenario and would put SP500 in no men's land
Nine of the 11 major S&P sectors declined, with consumer discretionary down 1.7%, losing the most and real estate, down 1.4%, and information technology falling 1%, showing the next biggest losses.
SxP500 index the price will try to touch 4707 today so far and then bounced back. If my analysis is correct, it will try to make downward from now. Will try to touch 4615 and if that breaks through Then will start to bearish till 4600 4573 4549 4527