Forex VPS
Link https://www.cryptoder.com/en
Forex VPS
ForexFunction Logo

"Forex trading involves a high level of risk"

Forex VPS
 Market Comments |  Technical Indicator Signals |  Cross Pair Rates |  Live Spread |  Live Charts |  Daily Pivot Points

EUR/JPY Chartpack - Technicals & Trade Setup : FxWirePro | April 4, 2018



Print PDF

Chart and candlestick patterns formed- hammer patterns occurred at 130.246 and 130.182 levels while hanging man patterns have occurred at 130.797 and 130.831 levels on the 4H chart, and at 135.394 levels on monthly plotting. Shooting star at 129.366 levels on monthly terms.



Hammer which is bullish in nature have evidenced the rallies but bulls struggle for momentum for now despite the interim rallies as hanging man counter-rallies hovering at DMAs.



The stern bearish engulfing pattern signals weakness, while both leading indicators seem to be indecisive. Stiff resistance is seen at 130.933 levels.



On a broader perspective, although bulls broke-out above 61.8% Fibonacci retracements from the lows of 109.351 but couldn't sustain, hanging man , gravestone doji & resembling bearish engulfing patterns occur at peaks to plummet prices below EMAs again.



Both leading signal OB pressures, while the lagging indicators also signaling downswings to prolong further. Consequently, the current prices are back near 50% Fibonacci levels.



One can easily make out from the RSI , fast stochastic curves and MACD , no traces of bullish indications so far, instead, these technical indicators signal intensified selling interests.



The major supports are observed at 129.828 and 127.779 levels.



Trend indicators: MACD on monthly terms has still been showing bearish crossover that indicates the further downswings.



Trade tips: On trading perspective, it is advisable to buy tunnel spreads that are binary version debit put spreads using upper strikes at 130.933 and lower strikes at 130.550 levels, the strategy is likely to fetch leveraged yields as long as underlying spot FX keeps dipping but remains above lower strike on expiration.



Alternatively, deploy shorts in futures contracts of mid-month tenors with a view to arresting bearish risks upto 129.828 or below levels.



Currency Strength Index: FxWirePro's hourly EUR spot index is flashing at -13 levels (which is neutral), while hourly JPY spot index was at -63 ( bearish ) while articulating at 06:37



Submit Your Comments:

 Forex Trading VPS


FOREX FUNCTION MEMBERSHIP

FX PREMIUM SIGNAL & AUTOCOPY
Email & Twitter SMS Alert | Secured & Errorless Auto Copy | Support All Broker & Account Types | Premium eBooks, Analysis & Strategy | Custom Risk Management

Plan NameBuy LinkEmail AlertTwitter
SMS Alert
Signal Auto
Copier EA
Free VPS
(1-3 Months)
Monthly Target
(Minimum)
Price
(Montly)
Price
(Quarterly)
Price
(Semi-Annually )
Price
(Annually)
Setup
AUTO COPY Subscribe NowYes Yes Yes Yes*
(Min 3 Month Subscription)
500+ Pips $25 23$ 20$$15Via Live Support
SIGNAL ALERT Subscribe NowYes Yes No No 500+ Pips $14 12$ 9$$7No Need
CashBack View DetailsYes Yes Yes Yes 500+ PipsFree Free FreeFreeVia Support

FF FOREX VPS
Windows 2008/2012 | Server Location Amsterdam, France, Canada | Low Latency From Brokers| Super Fast Trading Experience | All types of EA supported | 3 Days Money Back Guarantee

Plan NameBuy Link CPU RAM Disk BandWidth Price (Montly)Price (Quarterly)Price (Semi-Annually )Price (Annually) InstallationBackUpSetup Fee
Economy buy now2 Core 756MB 15GB 1TB $6.50/M$6.20/M$5.90/M $5.50/M MT4 Pre-InstalledYesFree
Standard buy now 2 Core 1GB 25GB 1.5TB $8.50/M$8.20/M$7.90/M $7.50/M MT4 Pre-InstalledYesFree
Premiumbuy now 2 Core 2GB 40GB 2TB $16/M$15.50/M$15/M$14.50/M MT4 Pre-InstalledYesFree
Advanced buy now4 Core 3GB 60GB 2.5TB $26/M$25/M$24/M $22/M MT4 Pre-InstalledYesFree
Professionalbuy now 4 Core 4GB 80GB 3TB $33/M $32/M$31/M$29/MMT4 Pre-InstalledYesFree
Business buy now 4 Core 6GB 100GB 4TB$46/M $45/M$44/M$42/MMT4 Pre-InstalledYesFree
Platinum buy now 4 Core 8GB 120GB 6TB $59/M $58/M$57/M$55/M MT4 Pre-InstalledYesFree
Diamond buy now 4 Core 12GB 180GB 8TB $89/M $87/M$85/M$81/MMT4 Pre-InstalledYesFree

***We accept Neteller, Skrill, MasterCard, Paypal, Payza, Perfect Money, Webmoney !