Eur/Jpy

[Marki]

Couple almost effortlessly broke the sloping and horizontal resistance level 101.00 (figure), MASD shows a buy signal and the divergence seems to grow a pair, waiting for the correction to buy.

[tradergalau]

Trend Analysis Using Indicators Raitis:
RaitisPriceChannel : DOWN
RaitisStoch : DOWN
RaitisCyFilter : DOWN

Prev / Daily High = 101.15
Prev / Daily Low = 100.43
Y. Middle = 100.79

If the price is above 100.79 then it will up to 101.15.
On the other hand if the price is below 100.79 then next target at 100.43.

[jo9y]

Technical out look action insight is the most popular section of the site, read by traders around the world. our team of analysts work around the clock, analyzing the markets from technical and fundamental perspectives in providing the reports in this section to you.

[romannil]

Eur/jpy technical analysis for 11.10.2012 by using : Auto pivot indicator.

resistance 3:101.83
resistance 2:101.51
resistance 1:101.08

pivot point :100.76

support 1:100.34
support 2:100.02
support 3:99.59

[nurdiantofxwave]

Yesterday price has been in the positive area, but near the close of american market prices turned down strong and up to now have to continue their slide. Price is expected to continue to fall until stopped at the point of support 2 daily (100.03).

[tradergalau]

If we see the current candle on H4 time frame, we can see that the current candle is breaking the support level at 100.43. Then, if the current candle can close below that support level, it means EURJPY breaks this support and it will give an opportunity for EURJPY to fall and reach the next support level at 99.49

[Bieela_cute]

Euro’s sharp retreat from 102.80 (last week’s high) adds credence to our view that top is formed there and as the rebound from 99.65 has ended at 102.80, consolidation with downside bias remains for further weakness towards psychological support at 100.00, however, break of minor support at 99.80 (last week’s low) is needed to signal early decline from 103.85 has resumed for deeper correction of early rise to 99.63-65, then towards 99.20-30.

[measif]

keep in mind the Bank of Japan is talking about intervention and if that happens, this pair will jump to the upside. We will have to wait and see.

[Orel]

\\\\On the hourly chart clearly noticeable downward channel, only that there was a retreat from the upper slope of the figure and the pair began to form the descending wave, opened the sale, the goal may be the bottom of the channel (figure of 100.00 + -).\\\\

[Irika]

As you might expect, the pair entered the northern correctional stage (from the moving average alligator), but the resumption of the northern trend I do not believe, I'm waiting for the completion of the correction and reduction of renewal will sell.