View Full Version : Eur/Jpy
sazzad
2012-07-26, 12:31 PM
EURJPY this pair is now in down direction and taking support i think trader can give buy or can take long position because i think price will go up directing within this month but i scalping trader can get more profit from this market use this strategy.
expert
2012-07-26, 04:07 PM
The EURJPY on still look bearish . this pair must break first to that Low Fibo 94.10 = break from top. So, as long as the price still can not break that strong Low Fibo 94.10 = the sideways with more probably pullback bulls
marwa
2012-07-26, 05:14 PM
EUR/JPY is currently into a bearish rally. The pair is now below the lower band of its medium term bearish channel
. A pullback on this line as resistance seems possible.
ladyheart
2012-07-26, 07:38 PM
http://s15.postimage.org/ow3lbbiuz/image.jpg
Look for a cs reversal pattern to go short if the price cannot break this resistance.
If breakout, wait for a pullback for a safer entry.. :)
ladyheart
2012-07-27, 01:26 AM
EURJPY M15 - PENNANT - BULLISH PENNANT
LONG AND LEVEL TO TAKE PROFIT IS 96.3
http://s10.postimage.org/6nwibound/image.jpg
sobissa
2012-07-27, 04:48 AM
EUR / JPY closed the previous two days candles rising after touching the bottom of the channel downlink frame on the day I expect to see more of the rise and reach levels of resistance at 99.00 in the medium term
http://www3.0zz0.com/2012/07/26/23/754125250.png (http://www.0zz0.com)
copinedekatia
2012-07-27, 05:42 AM
the most likely scenario
the pair can move up to test the 1st resistance on 95.33
alternative scenario
the pair can move down to test the 1st support on 95.02
Marki
2012-07-27, 03:46 PM
Today there was a retreat in a southerly direction on the resistance of 96.36, the pair is adjusted after yesterday's strong growth, the southern end of the wave and continuing growth in the north, I expect the level of 95.22.
price for the third time trying to overcome the resistance of 96.40, and again went on a retreat, I think above this level will not rise today, the course also moving line Ching-Span (Ichimoku) shows a reversal in the south.
marwa
2012-07-27, 08:13 PM
EURJPY on also probably bulls for today trade. It can be see with . So, of course, with this my simple look = search for Buy OP on this pair (with using smaller Time Frame) = better idea.
expert
2012-07-27, 09:05 PM
EUR/JPY is currently into a bearish rally. The pair is now below the lower band of its medium term bearish channel. A pullback on this line as resistance seems possible.
We advise to trade only short positions as far as 95.50 is resistance. The breakout of 94 will give a new sell signal and will open the way for new historics lows.
sobissa
2012-07-27, 09:27 PM
EUR / JPY pair is still continuing its upward trend I expect to reach the levels of resistance at 99.00 but he has to break the downtrend
http://www14.0zz0.com/2012/07/27/15/611386733.png (http://www.0zz0.com)
Macintosh
2012-07-28, 06:16 PM
The pair work out, and came to the divergence of the resistance is 97.40, and is still moving average with a period of 20, I think with the pace of growth which shows a couple in the last days can be secure above 98 figures and then the goal of 101.20 ..
expert
2012-07-28, 08:04 PM
EURJPY on look to be more bulls = we see from the low fibo at 94.10 = pullback bulls. So, of course - with this look, I see the more probably price to continue bulls still here and we can search for next Buy OP. Note : MACD line - look to pullback to bulls too, I see.
Gutsalo
2012-07-28, 11:07 PM
Trend to the top on EUR / JPY gained a very strong slope, now we can see that the pair rested on a certain level of 97.20 ... but judging by how hard a couple grows I think the breakdown of the north will be held as early as next week ... so I'm for growth ...
marwa
2012-07-29, 07:12 PM
Rate of EUR / JPY after creating a hole at 94.10 rebounded strongly from this area and dynamically firmer. However, if the rate drops below 95.60 is expected to return to the inheritance and re-test 94.10 area.
mahbubkhan
2012-07-29, 09:32 PM
actually nothing to say about this pair. because i had lossed my first position money by investing on this pair. next time i earned from it.
sobissa
2012-07-30, 02:45 AM
EUR / JPY closed the week strong bullish candle but the pair break the downtrend on the weekly frame to make sure of the shift in the direction of the landing for the rise
copinedekatia
2012-07-30, 10:23 AM
the most likely scenario
the pair can move up to test the 1st resistance on 96.65
alternative scenario
the pair can move down to test the 1st support on 96.20
Weekly points are dealt with through the pair
Sales target of 97.65 points, 150 points stop lose 60
Purchase of 94.40 points, target 80 pips Daily close under our stop that level
Thank you
marwa
2012-07-30, 06:09 PM
The bulls trend can probably play again here.. And also - I see price now on pullback bulls from that strong demand area. So, yes, search fro next nice Buy OP here better (with using smaller TF), of course.
ladyheart
2012-07-30, 08:08 PM
For intraday signal
eurjpy m15 -
resistance for this short term timeframe is at 92.219.
Wait for the price to test this resistance level.
If price fails to go beyond this price level, go short.. But only if in agreement with the cs pattern.
Price is met by a number of very strong levels of support-among them, tilting level + horizontal level of 95.72, as the lower boundary of the clouds, I think that just because a course will not be able to overcome them, the objectives of the North.
copinedekatia
2012-07-31, 05:40 AM
the most likely scenario
the pair can move up to test the 1st resistance on 96.25
alternative scenario
the pair can move down to test the 1st support on 95.50
sobusbd
2012-07-31, 02:14 PM
EUR/JPY intraday: under pressure.
Pivot: 97.3
Our preference: Short positions below 97.3 with targets @ 95.6 & 95.2 in extension.
http://www.tradingcentral.com/chart/EURJPY2012730135220.GIF
neajctg01
2012-07-31, 03:15 PM
:yahoo:
EURJPY
two hours ago market was buy. in time your eurjpy buy now................
bid ask spread
95.93 95.96 03
Marki
2012-07-31, 03:49 PM
yet here is a reversal in favor of the euro, after a long consolidation around the level of support 95.80, now turned around and broke the resistance of 96.15, which paved the way for the level and the maximum of 98.35.
The spot rate is approaching the upper limit of its medium term bearish channel at 96.80 and seems to initiate a decline. However, a break through these levels will release good potential and initiate a violent bullish trend.
Technical indicators provide buy signals but until the resistance is not broken, the assumption of a decline is most likely. Bollinger bands are much discarded as a result of a strong increase these days. Stabilization is expected in a short term.
According to previous events, the market will provide a bullish opportunity as soon as the spot rate has broken through its resistance of 96.80 with the 1st objective at 97.40 and then at 97.60. A breakthrough 96.60 will invalidate this scenario.
Published: 2012-07-31 07:50:00 UTC+00 4 hours, 18 min. ago
Projapoty
2012-07-31, 05:58 PM
Eur/JPY is in major danger zone.
Cause Eurzone in crisis.
On the other hand samurai wants to see his lovely yen in nice position.He says he will do all to make his economy stronger.
Its mean Eur/Jpy should probably down.
What you think?
pair on the hourly time frame now strayed from the top of the cloud, much that the course made 3 attempts to go beyond the clouds, but it was not allowed to do until the goal I have is about the level of 95.70.
expert
2012-07-31, 07:53 PM
The EURJPY still on look bulls). But, yes, this bulls still look weak after on yesterday = here was formed a bearish candle (on candle). With this formation = price now probably to become a sideways first and no take any new trade here = better = just wait and see = better.
misqeq
2012-07-31, 09:30 PM
Intraday bias in EUR/JPY remains is mildly on the downside for a retest on 94.11 support. Though, note again that 94.11 should be a short term bottom on bullish convergence condition in 4 hours MACD. Thus, more sideway trading is expected above there in near term, with prospect of another recovery. Above 97.32 will target falling trend line resistance (now at 98.41).
In the bigger picture, the down trend from 2008 high of 169.96 is still in progress and could extend further lower to 90 psychological level. However, as we're favoring the case that pattern from 139.21 is a falling wedge with bullish convergence condition in weekly MACD. Fall from 111.43 should be the last leg in such pattern. Hence, we'll expect strong support above 88.96 to contain downside, form a major bottom and bring reversal. So, focus will be on reversal signal.
hmkowsar
2012-07-31, 09:45 PM
i think now its time for this pair to go it can be bought from here till ,this pair is not showing too much too move.
copinedekatia
2012-07-31, 11:20 PM
the most likely scenario
the pair can move up to test the 1st resistance on 96.25
alternative scenario
the pair can move down to test the 1st support on 95.90
goldenmember
2012-08-01, 03:31 AM
EURJPY has made record lows, but it is coming against the resistance of Mays low and also the low made in January. I think that this is significant resistance, and there will not be much action happening in bullish direction unless there is some amazing news on Thursday out of the conference.
BID PRICE 96.04
SIMPLE MA 5 96.1 SELL
SIMPLE MA 10 96.14 SELL
SIMPLE MA 20 96.08 SELL
SIMPLE MA 50 96.06 SELL
SIMPLE MA 100 95.93 BUY
EXPONENTIAL MA 5 96.09 SELL
EXPONENTIAL MA 10 96.1 SELL
EXPONENTIAL MA 20 96.08 SELL
EXPONENTIAL MA 50 96.03 BUY
EXPONENTIAL MA 100 95.91 BUY
RSI 14 48.09 NEUTRAL
STOCHASTIC 5,3,3 16.95 OVERSOLD
PARABOLIC SAR 0.02/0.2 96.27 SELL
MACD 12,26,9 0.03 BUY
WILLIAM %R 14 -60.53 NEUTRAL
Support & Resistance
R3 R2 R1 P S1 S2 S3
96.87 96.57 96.34 96.04 95.81 95.51 95.28
EURJPY NEUTRAL
Last Update : 2012-08-01 06:00:06
Rozumovski
2012-08-01, 01:58 PM
Looks like a couple begins to break through the first mini-resistance 96.20, and gradually move north again ... there is some growth in the euro / dollar, and here I think can beat the traffic to target 97.20 ...
Today's Support and Resistance Levels:
S1: 95.67 R1: 96.30
S2: 95.50 R2: 96.62
S3: 95.33 R3: 97.32
Technical Overview:
The preferred scenario is that we have seen blue wave ii at 95.50 and should expect blue wave iii take off towards the 100.63 - 100.73 area soon. The short term risk is that a deeper correction in blue wave ii is needed towards 95.33 before we can expect the next rally in blue wave iii. As long as minor resistance at 96.62 have not been broken to the upside this risk remains, but a break above 96.62 will indicate that blue wave iii is well under way.
Trading Recommendation:
You should be long EUR against JPY from 95.85 with a stop at 94.05. Lift the stop to 95.45 upon a break above 97.32. If you are not long EUR already buy EUR upon a break above 96.62 (buy at 96.70) with a 95.45 stop.
Published: 2012-08-01 07:52:02 UTC+00 4 hours, 1 min. ago
misqeq
2012-08-01, 05:57 PM
EUR/JPY is trying to draw support from 4 hours 55 EMA for the moment and intraday bias is turned neutral. Note again that 94.11 should be a short term bottom and consolidation from there should continue in near term. Above 97.32 will bring stronger recovery to falling trend line resistance (now at 98.31).
In the bigger picture, the down trend from 2008 high of 169.96 is still in progress and could extend further lower to 90 psychological level. However, as we're favoring the case that pattern from 139.21 is a falling wedge with bullish convergence condition in weekly MACD. Fall from 111.43 should be the last leg in such pattern. Hence, we'll expect strong support above 88.96 to contain downside, form a major bottom and bring reversal. So, focus will be on reversal signal.
dollar
2012-08-03, 08:29 AM
This pair is strongly @ oversold and but it could continue to show more downward move next area of target stands @ 94.48 area 4 hour chart shows that price is at trendline support if it respects it then we should see further up move to maybe 95.50 area before more down ward continuation.
ladyheart
2012-08-03, 06:37 PM
INTRADAY TRADING SIGNAL
EURJPY H4 is expected will go up to its nearest resistance, which is at 97.364.
Wait for a reversal cs pattern to go short at this resistance level.
gemmy
2012-08-03, 11:30 PM
i think after breaking a bearish trend shown in H4 chart , i expect the pair to retest this trend in the next few hours so i think we can start buying near this trend with a small stop lose few pips below it ,
3412
Gutsalo
2012-08-05, 06:02 PM
It is clear the level of 97.30 and a couple just stood there and, given the movement of the past few candles and the aggressiveness of the market I think we can break through the 97.30 and have a 98 figure, but let's see what will happen to these formations ...
Melsayed
2012-08-06, 01:59 AM
the pair now is completing a correction wave that may ends at one of the shown points in the chart may be the main down wave will continue from the trend shown in the chart or it will break it in the next week and the it will retest the trend from one of the shown resistances at 99.xx or 100.xx or 101.xx
so lets see what will happen in the next week
for me i think the trend will stop the pair and push it down again
3453
dollar
2012-08-06, 06:22 AM
EURJPY is moving near the resistance level at 97.48 now.
Then, if EURJPY can break 97.48 resistance, EURJPY may continue the up trend and the next target is at around 98.45 as the next resistance level of EURJPY
ashaab
2012-08-06, 02:17 PM
http://i49.tinypic.com/20t4fud.gif
The short term trend of the pair is to the downside. Intraweek trading range of the pair is expected among key support at 93.35 and key resistance at 99.80. Based upon my chart analysis, I prefer to buying the pair around 96.90 with targets 97.75, 98.50 the 99.00 and stoploss with four hour candle closing below 95.80.
Marki
2012-08-06, 03:11 PM
If you look at a larger time frame (4 hours) you can see that today there was a rebound from the top of the channel, the price continues to shape the southern wave, the end of which - the lower oblique.
Viki8
2012-08-06, 05:33 PM
EUR / JPY pair was noted today, hammering on the Ichimoku cloud top (level 97.50), the aim was now moving blue Ichimoku is also on the hourly chart indicator MASD showed an additional signal to sell.
Marki
2012-08-06, 09:47 PM
couple with adjusted punched into the area today, the level (now resistance) 97.11, I think that the course will resume from him falling to the South, that much about him is protorgovka and above this level until the price did not want to put.
Vamos
2012-08-07, 12:13 AM
The pair is located within a small trend. I expect that the price comes down to the level of support around 96.36. The price then explode up high. I think it is a corrective wave 4 and after the next 5 wave.
dollar
2012-08-07, 05:54 AM
EURJPY is moving between the support and resistance level now.
If EURJPY can break 97.48, EURJPY may go up to the resistance level at 98.45
If EURJPY can break 96.45, EURJPY may fall to the support level at 95.57
erespe
2012-08-07, 01:49 PM
EURJPY broke pivot (97.16), then chances are this the pair will go up towards the 98.26 level. But if the price back down below the pivot, this pair will probably come down to a level of 96.53
ashaab
2012-08-07, 02:24 PM
http://i49.tinypic.com/1z1wml5.gif
The short term trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 93.35 and key resistance at 98.60. Based upon my chart analysis, I prefer to buying the pair around 96.80 with targets 97.35, 97.75 then 98.60 and stoploss with four hour candle closing below 95.60.
Marki
2012-08-07, 09:53 PM
The pair now came close to the maximum of the week, and do not even think to turn to the south, today the rate has grown well, I think that after such an increase should be expected at least a small correction of the south, on the level of 97.77, and I expect it.
Viki8
2012-08-07, 10:41 PM
The course today, and so let the wave of a strong north, and I do not think that at the end of the trading day it enough strength to break through the resistance level of 97.80, about which the price has advocated for several hours, the goal I have about 97.30 and we'll see.
dollar
2012-08-08, 06:08 AM
If we look on the previous candle of EURJPY, it has formed an outside bearish candle and it occurs on the resistance level at 97.48
I think EURJPY will fall today and may reach the support level at 96.45
But this scenario will fail if EURJPY can break the yesterday's high at 97.80
ladyheart
2012-08-08, 10:51 AM
INTRADAY TRADING SIGNAL
EURJPY M15 -
the pair has a just showed a strong breakout above the upper trendline of a triangle pattern.
GO LONG AND SET TARGET AT 97.41.. :)
ashaab
2012-08-08, 02:11 PM
http://i48.tinypic.com/ddgrkk.gif
The short term trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 93.35 and key resistance at 98.60. Based upon my chart analysis, I prefer to stay aside from the pair until we get a confirm setup for the upcoming big move.
Marki
2012-08-08, 03:03 PM
Yesterday a couple of still strayed from the resistance 97.77, and continues to fall to the south, the southern end of the wave should be expected around the level of 96.68 + - of him, I think maybe at least correcting the northern movement, and yet to sell a little bit late.
devloppman
2012-08-08, 05:31 PM
Support & Resistance 08/08/2012
Sup 1 : 97,02
Sup 2 : 97,07
Sup 3 : 97,11
PIVOT : 96,98
Res 1 : 96,92
Res 2 : 96,89
Res 3 : 96,83
Viki8
2012-08-08, 06:26 PM
steam again resumed its fall to the south, the course breaks even support 96.70, this breakthrough could pave the way for a minimum 95.00, but still have to wait for the normal consolidation below 96.70.
dollar
2012-08-09, 03:53 PM
EURJPY almost hit the support level at 96.45 yesterday.
I think EURJPY will try to touch that support level again today.
Then, if EURJPY can break 96.45 support level, this pair may continue falling to the next support level at 95.57
devloppman
2012-08-09, 09:00 PM
Support & Resistance 09/08/2012
Sup 1 : 97,44
Sup 2 : 97,91
Sup 3 : 98,35
PIVOT : 97,01
Res 1 : 96,54
Res 2 : 96,10
Res 3 : 95,63
Rozumovski
2012-08-10, 03:22 PM
Pair EUR / JPY also shows the downward step down ... there is much to fall .. so it is possible that at the opening session of the U.S. may be accelerating downward, the potential for a pair of figures is a level 95 ....
Rozumovski
2012-08-10, 03:24 PM
Pair EUR / JPY also shows the downward step down ... there is much to fall .. so it is possible that at the opening session of the U.S. may be accelerating downward, the potential for a pair of figures is a level 95 ....////
The pair continues to maintain a bearish trend is down, a large white candle bulls were unable to gain a foothold above the resistance level of 96.40 .... and the price is once again wrapped top to bottom ... and yes even the Japanese currency began to show growth ... so that we can fall to 95.00 .. .
The pair continues to maintain a bearish trend is down, a large white candle bulls were unable to gain a foothold above the resistance level of 96.40 .... and the price is once again wrapped top to bottom ... and yes even the Japanese currency began to show growth ... so that we can fall to 95.00 .. .....
Gutsalo
2012-08-12, 01:17 PM
At the 4 hour chart EUR / JPY shows the uplink to the north, and now the price is at the lower boundary, so that it is the time to buy, I think for next week's mark of 98 must show a couple ....
Melsayed
2012-08-12, 05:52 PM
My Weekly Analysis :
the pair failed in the previous week to broke the down trend so for me i have three ways
1- the pair will reach the support 95.0x and it will broke the trend and go up
2- the pair will reach the support 94.1x and it will broke the trend and go up
3- the pair will pass the two support levels and will continue down direction
see the chart
3658
alskndry
2012-08-13, 02:55 PM
the pair trading this day above level 96.20 (pivot point) thats mean bullish momentum is on the way and that's will lead the movement to reach level 96.50 in europe session i think or maybe at this session
alskndry
2012-08-14, 02:30 PM
signal for bullish is appear i think because this pair can break level 96.50 and this pair might goes to level 97.10 for today,but if price break level 96.30 this pair will continue for bearish trend and reach level 96.00 again ,good luck
gemmy
2012-08-15, 01:53 PM
after testing the support level @38.2% fibonacci as shown in H4 chart , the pair has moved in bullish direction and i expect it will continue in bullish direction in the next few hours and i suggest start selling near the resistance level @50% ,
3697
Rozumovski
2012-08-15, 11:07 PM
In EUR / JPY today was a leap down, but the couple was able to rollback to the previous level, which has now become resistances, so that within a day trade I think should be sold with a stop at 96.98 and expect that will drop about 30 n ...
Today a couple managed to fend off the strong horizontal resistance level of 97.40, while the course is still above the upper limit of the Ichimoku cloud, I'm waiting for sales to happen when the fix below 97.10, then my goal would be 96.60.
Gutsalo
2012-08-16, 10:40 PM
Pair EUR / JPY moving waves on the top came to a very important resistance level of 98.00, which previously held as a support, so I think when consolidating above this mark can aim at 101.30 ....
roncos
2012-08-17, 04:28 PM
Euro currency in trading today showed a favorable movement against the Japanese Yen
EUR / JPY opened at 98.02 in early trading (00:00 GMT)
and up + 26 pips or about + 0.27% at 98.28.
The crucial point now is for the eur / jpy, dense vapor went to the horizontal support level of 97.88 which is a few hours could not break through, if there is a breakthrough in the south, then one can expect a reduction to the target 9740 + MASD sell signal.
Tyler7
2012-08-17, 09:35 PM
The pair now again came to the area punched 97.80 resistance level, and test it, but as a support, a couple and now managed to make up the next week, it can be expected from the continued growth, signs of a reversal can not see.
EUR / JPY 4-hour chart continues to grow, there is a small sample and attached above the figure 98, we see that the MACD histogram is growing and gaining strength, so I think there is a potential re-enter more than 100 ...
simpleforex68
2012-08-19, 05:33 AM
The price is in downtrend. It is testing the resistance level with horizontal resistance line and EMA 200. So, I think it is hard for the price to break out this resistance.
http://s13.postimage.org/80074ph9z/image.png
m.awais
2012-08-19, 05:42 PM
I'm gonna be watching this pair during, and after, tomorrow morning's Sentix report and if it trends up I'm going to get in big on a couple long positions....,
erespe
2012-08-20, 11:23 AM
EURJPY is in a bull, soon if it break the pivot 98.08, this pair will likely rise towards 98.76 level. However, if it fails to break the pivot, the pair maybe fall to 97.76 or lower.
Opplus
2012-08-21, 03:47 PM
With 4 hours MACD crossed below signal line, intraday bias in EUR/JPY is turned neutral first. Another rise remains mildly in favor with 95.71 support intact. Above 98.40 minor resistance will turn bias back to the upside for 38.2% retracement of 111.43 to 94.11 at 110.72 next. However, break of 95.71 will indicate completion of such choppy rebound and argue that fall from 114.34 is resuming for another low below 94.11.
Gutsalo
2012-08-21, 05:59 PM
Yes indeed pair breaks the resistance level and after a little sludge shows steady growth ... so I think if the market will move slightly and there will be dead silence and we can see ... 101.30
pair confidently entered the Ichimoku cloud, breaking its upper limit, the course continues to practice Ichimoku signals to the north (on the daily chart), the main medium-term objective is now around 100.00.
Tyler7
2012-08-21, 08:58 PM
Couple today has grown in value, after failed to break through the resistance 98.30, until after such strong growth can begin at any time southern correction (buy now late) it and I am looking to purchase.
erespe
2012-08-22, 07:34 AM
EURJPY now moving slightly above the daily pivot (98.67). If it could break the pivot, then the pair is likely to fall towards 98.16. However, if it fails, eurjpy will move higher to the level 99.38 or higher.
Opplus
2012-08-22, 03:05 PM
Intraday bias in EUR/JPY remains on the upside for the moment. Current rebound fro 94.11 short term bottom should extend to 38.2% retracement of 111.43 to 94.11 at 110.72 next. On the downside, below 97.96 minor support will turn bias neutral and bring consolidations first.
alley
2012-08-22, 04:59 PM
Daily Pivots: (S1) 98.17; (P) 98.67; (R1) 99.40
Intraday bias in EUR/JPY remains on the upside for the moment. Current rebound fro 94.11 short term bottom should extend to 38.2% retracement of 111.43 to 94.11 at 110.72 next. On the downside, below 97.96 minor support will turn bias neutral and bring consolidations first.
In the bigger picture, there is no clear sign of reversal yet and the downtrend from 2008 high of 169.96 could extend further lower to 90 psychological level. However, as we're favoring the case that pattern from 139.21 is a falling wedge with bullish convergence condition in weekly MACD. Fall from 111.43 should be the last leg in such pattern. Hence, we'll expect strong support above 88.96 to contain downside, form a major bottom and bring reversal. So, focus will remain on reversal signal. Meanwhile, break of 101.62 resistance will be an early sign of medium-term bottoming and will turn focus back to 111.43 key resistance for confirmation.
Tyler7
2012-08-22, 09:54 PM
The pair is in a strong upward channel, only the price closer to the lower boundary of the channel, and strayed from it, the end of the northern wave, I do expect a level of about 99.35 + - (upper slope).
In principle, a pair of shows growth ... but the Japanese currency starts to make adjustments ... so while waiting to roll back to the support level of 97.70 ... and then back to the top ... unless JPY pullback is not very strong and will not marry the price down again ....
erespe
2012-08-23, 06:57 AM
EURJPY is testing the pivot level (98.50), if it broken, then this pair will likely rise towards 98.94 or higher. However if it fails to break the pivot, the pair may fall to 98.00
David7
2012-08-23, 02:34 PM
Pair eur / jpy on the hourly chart has formed a clear trend sloping support line, notably the price it feels great while I wait closer to her course in order to purchase the northern trend.
Opplus
2012-08-23, 06:52 PM
With 4 hours MACD crossed below signal line, intraday bias in EUR/JPY is turned neutral first. As long as 95.71 support holds, another rise will remain mildly in favor. Above 99.18 temporary top will target 38.2% retracement of 111.43 to 94.11 at 110.72 next. Though, a break of 95.71 will indicate completion of the rebound and should turn outlook bearish for 94.11 and below.
hazem ahmed mohamed
2012-08-23, 10:38 PM
i think that we should buy EURJPY as we have a support level on the daily chart @23.6% so i predict that this pair will move upward on the short term our target point will be @38.2%.
erespe
2012-08-24, 10:22 AM
EURJPY back to sideways range after fails to break resistance level. We're looking for 98.70 to break, and it will bring this pair to go up towards 99.10 level. Otherwise, we'll see if 98.42 is broken, the pair may fall to as low as 98.00
lamington
2012-08-24, 12:26 PM
EURJPY is moving near the resistance level at 97.48 now.
Then, if EURJPY can break 97.48 resistance, EURJPY may continue the up trend and the next target is at around 98.45 as the next resistance level of EURJPY
Opplus
2012-08-24, 04:46 PM
Intraday bias in EUR/JPY remains neutral for some consolidations. As long as 95.71 support holds, another rise will remain mildly in favor. Above 99.18 temporary top will target 38.2% retracement of 111.43 to 94.11 at 110.72 next. Though, a break of 95.71 will indicate completion of the rebound and should turn outlook bearish for 94.11 and below.
omar555ak
2012-08-24, 07:18 PM
Sell the pair below 98.185
Take Profit: 97.985
Stop Loss: 98.485
:good:
Opplus
2012-08-26, 03:31 PM
EUR/JPY's rebound from 94.11 extended to as high as 99/.18 last week before forming a temporary top there and retreated. Initial bias remains neutral this week for some more consolidations. The cross is staying comfortably inside a near term rising channel and thus, further rally is still expected. Above 99.18 will target 38.2% retracement of 111.43 to 94.11 at 110.72 next. On the downside, break of the channel support (now at 96.96), however, will indicate that such rebound has completed and will flip bias back to the downside for 95.71 support for confirmation.
gemmy
2012-08-27, 03:26 PM
H4 chart demonstrates that we still have not any chance yet , so i think the pair is moving in a rectangle now and if the price continue in bullish direction the best sell will be near the resistance level @0% fibonacci , also the best buy will be near the support level @fibonacci 23.6% ,
4001
devloppman
2012-08-27, 06:56 PM
Support & Resistance 27/08/2012
Sup 1 : 98,86
Sup 2 : 99,27
Sup 3 : 99,72
PIVOT : 98,41
Res 1 : 98,01
Res 2 : 97,56
Res 3 : 97,15
Here are a few signals to the south ... crossing the green line Ching span the price chart from top to bottom, "dead cross" - the intersection of two moving, I think a couple will fall. but to sell to wait for a break Ichimoku cloud top.
Tyler7
2012-08-27, 09:54 PM
I continue to hold a short position, a couple hours on the schedule drawn sloping resistance level that has not been able to overcome a few hours at a time, for her, I hid his feet.
fxmylife
2012-08-28, 04:56 AM
Euro / JPY pair still progressing wobbling as he finds strong resistance at 98.75 and resistance that will determine our future direction if the pair was able to penetrate will see the rise to levels far
mahadihassan
2012-08-28, 10:26 AM
eur/jpy is great pair so i think how to use eur/jpy and how to tack profit if eur up then jpy down if jpy up then eur is down so you must be analysis between pair.
My favourite pair is EUR/JPY. I like it so much.Cause it have some nice move.Today we see a great move in this pair in Asian Session.
Its move from 98.50 to 97.85 Its so wonderful.There have a chance to go fall more deep.
Pivot is at 98.50 and the major support is at 97.50
i was just reading the posts here, about euro jpy, i did not traded the pair before, but i think it is good pair, and now i am interested in it, as from your post i got some idea about support and resistance levels, now i am going to trade it..
ashaab
2012-08-28, 06:33 PM
http://i49.tinypic.com/2ytybkp.gif
The short term trend of the pair is to the upside. Intraday trading range of the pair is expected among key support at 96.90 and key resistance at 99.85. Based upon my chart analysis, I prefer to buying the pair above 97.75 with targets 98.60, 99.00 then 99.30. and stoploss with four hour candle closing below 96.90.
The course still managed to overcome sloping resistance level, and now it has appreciated steadily above it, but until further growth still hampered by the horizontal level of 98.75, at the break that I buy.
amr amer
2012-08-28, 07:21 PM
Thise pair we can sell it at 98.70 sl\99.20 tp\97.80
devloppman
2012-08-28, 08:38 PM
Support & Resistance 28/08/2012
Sup 1 : 98,64
Sup 2 : 98,87
Sup 3 : 99,04
PIVOT : 98,48
Res 1 : 98,25
Res 2 : 98,08
Res 3 : 97,85
Gutsalo
2012-08-29, 03:09 AM
EUR / JPY continues to move in an upward channel, still holds the level of 98 pieces, so that if no special surprises you should see growth ... but I have a strange hunch that the Japanese currency could prevent it ... like all looks good but purchased in long dread of something ....
David7
2012-08-29, 01:16 PM
EUR / JPY has also made the all*clear from the horizontal resistance level of 98.74, and now continues to strengthen its southern waves down her emptiness (couple has no significant obstacles) up to the level of 97.95.
zachaeus
2012-08-29, 03:03 PM
Pivot point has actually held this price and the earlier bearish sentiment of this pair and the pair is now trading toward pivot resistance 1 at 99.00 area as we draft towards the us session, we are not at overbought yet so chances are that the price could actually continue to this area.
Opplus
2012-08-29, 03:41 PM
EUR/JPY is still bounded in tight range below 99.18 and intraday bias remains neutral. More consolidation could be seen with risk of another dip. But, the cross is staying comfortably inside a near term rising channel and thus, further rally is still expected. Above 99.18 will target 38.2% retracement of 111.43 to 94.11 at 110.72 next. On the downside, break of the channel support (now at 97.31), however, will indicate that such rebound has completed and will flip bias back to the downside for 95.71 support for confirmation.
devloppman
2012-08-29, 04:03 PM
Support & Resistance 29/08/2012
Sup 1 : 99,00
Sup 2 : 99,38
Sup 3 : 99,94
PIVOT : 98,44
Res 1 : 98,06
Res 2 : 97,50
Res 3 : 97,12
the pair is trading above the Ichimoku cloud, and almost worked two buy signals, so you can expect it in the north, going to buy at the price of breaking the resistance level of 98.80.
ashaab
2012-08-29, 06:37 PM
http://i50.tinypic.com/2iqnak4.gif
The short term trend of the pair is to the upside. Intraday trading range of the pair is expected among key support at 96.90 and key resistance at 99.85. Based upon my chart analysis, I prefer to buying the pair around 98.60 with targets 99.00, 99.85 then 100.00 and stoploss with four hour candle closing below 97.75.
amr amer
2012-08-29, 09:28 PM
The pair will fall dawn soon if he coudnt get near to the daily top and our frist target will be 97.80
David7
2012-08-30, 03:18 PM
Again pair almost came close to a horizontal line of resistance 98.78 which for several days in a row can not be overcome, while waiting for a good point to sell, but if you break through 98.78 will buy.
Opplus
2012-08-30, 04:33 PM
Intraday bias in EUR/JPY remains neutral as consolidation from 99.18 continues. More sideway trading could be seen with risk of another dip. But, the cross is staying comfortably inside a near term rising channel and thus, further rally is still expected. Above 99.18 will target 38.2% retracement of 111.43 to 94.11 at 110.72 next. On the downside, break of the channel support (now at 97.45), however, will indicate that such rebound has completed and will flip bias back to the downside for 95.71 support for confirmation.
Frankly lateral movements are pretty fed up with it, while waiting for the opening of the U.S. session, eur / jpy is sandwiched between two levels below the Ichimoku cloud top and above the resistance level of 98.76, while more of the signal to the south.
|||////.Frankly lateral movements are pretty fed up with it, while waiting for the opening of the U.S. session, eur / jpy is sandwiched between two levels below the Ichimoku cloud top and above the resistance level of 98.76, while more of the signal to the south.\\\\
devloppman
2012-08-30, 07:04 PM
Support & Resistance 30/08/2012
Sup 1 : 98,81
Sup 2 : 99,02
Sup 3 : 99,23
PIVOT : 98,59
Res 1 : 98,39
Res 2 : 98,17
Res 3 : 97,96
ashaab
2012-08-30, 07:54 PM
http://i46.tinypic.com/2w5lkoz.gif
The short term trend of the pair is to the upside. Intraday trading range of the pair is expected among key support at 96.90 and key resistance at 99.85. Based upon my chart analysis, i prefer to buying the pair above 98.60 with targets 99.00, 99.85 then 100.00 and stoploss with four hour candle closing below 97.75.
devloppman
2012-08-31, 04:37 PM
Support & Resistance 31/08/2012
Sup 1 : 98,74
Sup 2 : 99,14
Sup 3 : 99,49
PIVOT : 98,39
Res 1 : 97,99
Res 2 : 97,64
Res 3 : 97,24
fxmylife
2012-09-02, 11:26 PM
EUR / JPY on the daily frame we find that the pair broke through the cloud Como Span and is now trading above the line Span A but finds resistance at levels of 98.69 we have to wait for closure above to make sure of the Ascension
EUR / JPY managed to successfully consolidate 98 figures, but as the pair went far above the corridor forming a penetration level ... so I think the breakdown of the border corridor 98.00 - 99.00 will be determined to go on like a couple again or down or to the new targets on top of 101.00 .. .
ladyheart
2012-09-03, 05:34 PM
INTRADAY TRADING SIGNAL
EURJPY - M15
i AM EXPECTING THE PRICE TO GO HIGHER UP TO SOMEWHERE NEAR 98.68.
IN ORDER TO DETERMINE LEVELS FOR TAKE PROFIT, JUST DRAG FIBO RETRACEMENT TOOL FROM THE LOWEST CURRENT POINT TO 98.68.
PAY ATTENTION AT THE 3 MAJOR RETRACEMENTS LEVELS - 38.2, 61.8, 76.4..
fxmylife
2012-09-03, 06:01 PM
EUR / JPY pair today could not close above the levels of 61 fib Frame four hours selling the pair from current levels with a stop loss above 98.58 would have positive results
fxmylife
2012-09-04, 10:25 PM
EUR / JPY on the frame daily and after the rise of the pair traded in the morning to trade above levels 61 fib could not pair stability above this level for the return of the new fall below this level if closed candle today under 61 is expected to see tomorrow further decline
While there is nothing left than to wait for the breakdown of one of the levels of the side channel in which the pair is now, while I am inclined to the southern version of the course and the exit to the level of 96.00, as on the monthly chart shows Stochastics and selling.
alley
2012-09-05, 03:17 PM
As we predicted yesterday, the spot rate bounced off on the intermediate support of its medium term bearish channel at 98.30 and approaches now the upper limit of its channel at 99.00 suggesting a decline. However, a break of these levels will free a large potential and initiate violent bullish channel.
Technical indicators do not provide clear signals but until the resistance is not broken, the assumption of a decline is most likely. Bollinger bands have stabilized showing a more regular volatility. Furthermore, the superior band strengthens the upper limit of the channel supporting the hypothesis of a violent movement in case of failure.
As the spot rate is currently testing the upper limit of its channel, we recommend 2 scenarios: the first one is the hypothesis of a decline where we suggest a sell on the level of 99.00 with the 1st objective at 98.40 and then at 98.20. A breakthrough of 99.20 will invalidate this scenario. The second scenario is a break of its resistance where we advise a buy stop which means buying the spot rate as soon as it is broken through its resistance of 99.00 with the 1st objective at 99.60 and then at 99.80. A breakthrough of 98.80 will invalidate this scenario.
gemmy
2012-09-05, 04:07 PM
My H4 chart indicates that the pair still moving in a rectangle since a long period , so i think it will be a great chance to start buying near the support level @23.6% fibonacci or near the shown bullish trend , and also with a small stop lose few pips below this trend ,
4209
fxmylife
2012-09-05, 10:46 PM
EUR / JPY also predicted in my last response on this pair fell today until the next support level at 97.95 and was unable to break back then for the rise strongly prohibit He now consumption above fib closing 61 day above this level means more to climb
Nahrawy_Forex
2012-09-06, 07:54 PM
http://www.pictureshack.us/thumbs/23174_EURJPY.JPG (http://www.pictureshack.us/view_23174_EURJPY.JPG)
EURJPY 1H Time Frame
Price now broke the middle line of the brown channel , and there is a strong resistance line on 99.15 , so we can wait untill price go for 99.29 or the high line of brown channel then we can choose from sell or buy deals
fxmylife
2012-09-07, 07:06 PM
EUR / JPY on the daily frame, we find that the pair rose yesterday strongly and closed above 76 fib levels at 99.52 for the pair continues today toward more climb better to wait close candle week to determine the likely direction for the next week
hazem ahmed mohamed
2012-09-09, 01:55 AM
i think that we should wait until EURJPY reach the resistance level on the daily chart @38.2% then we can sell this pair after that our target point will be @23.6% as we have a support level @ this level.
The trend of the market took its toll and the couple went to the top ... now we can see a very clear parameters on the nearest trading day is a pronounced trend to the top, and a good support at 99.80 ... so that from this level you can try to try to catch the movement with the goals to 101.30 ...
Opplus
2012-09-10, 06:05 PM
EUR/JPY remains on the upside and current rebound from 94.11 should extend to 38.2% retracement of 111.43 to 94.11 at 110.72 first. Break will target 101.62 key resistance next. On the downside, below 99.59 minor support will turn bias neutral and bring consolidations. But retreat should be contained above 97.98 support and bring another rally.
yogesheena
2012-09-14, 09:06 AM
EJ is on daily 200 ema max it can go is 101.20
so stop buying now and wait for the reversal to happen i think reversal will be really strong now
it has also reached the daily tf resistance of 101.10
th .. that's almost tore kickbacks ... and closing the week again under the maximum price ... Monday is usually ren down and some consolidation is defined so that signs of a reversal, or you can count on a further continuation of the trend ... so I'm waiting for the level of support that the pair will keep the time schedule
boncelforex
2012-09-16, 01:16 PM
trading plan 17/09/2012 eur/jpy
after a sharp upward trend this week .. will coreksi tendency towards price before continuing trend up ...
if price penetrates try trendline price correction over the
http://i49.tinypic.com/fw1t1e.jpg
Just last week the pair is confident fixed above 101.30 resistance is now gone south course correction (which was to be expected after such a strong growth), I'm still waiting confidently deeper southern wave.
Ladenboys
2012-09-18, 04:14 PM
yesterday along with the run of USD/JPY this pair make a huge upside run.
Ans today its come back again to its trend and testing 102.50 area.
i think this pair can touch 104 level today.
Pivot at 103.17.
Resistance 103.74,104.25
And support at 102.76 and 102.14
karlie4nia
2012-09-18, 07:53 PM
E/j is an interesting pair to trade. I only discovered it last yesr. I found out that it correlates with eur/usd. But one thing is that it interestingly has more pips value than the eur/usd and even gbp/usd. I have also noticed that most times it carries more volume on its candles when i compare it with eur/usd and gbp/usd. For the whole of last week it trended up and almost broke the resistance of several months ago. I would keep trading it. Its my best pair and i trde it only on the bigger time frame like 4 hour and 1 hour.
sazol42
2012-09-18, 09:37 PM
Eur is the symbol of Europian currency. By this currency Forex can be trade. And jpy is the symbol of Japanes symbol of currency. By this currency you can trade in Forex and can invest it.
VANDA_S
2012-09-19, 08:54 AM
http://i45.tinypic.com/302qouo.png
Price is below 12 EMA and 72 EMA indicates trend is still down
50 RSI is above 50 indicates the momentum of the trend is still up
Recommendation: wait and see or buy if price is still above 12 and 72 EMA area
Range:1.03.42-101.88
VANDA_S
2012-09-19, 11:52 AM
http://i45.tinypic.com/302qouo.jpg
On chart H4 ,running price is above 12 EMA and 72 EMA indicates trend is still up
50 RSI is above 50 indicates the momentum of the trend is still up
Recommendation: buy
Range :103.42-102.46
shiva
2012-09-19, 02:26 PM
Pivot: 102.45
Our preference: Long @ 102.53 with targets @ 103.9 & 104.5 in extension.
Alternative scenario: Below 102.45 look for further downside with 101.95 & 100.95 as targets.
http://cache.mail.yandex.net/mail/4c9eda44b191b9ca6ab7e0afd258fd3c/www.tradingcentral.com/chart/EURJPY2012919747.GIF
roncos
2012-09-19, 02:43 PM
The yen was at 103.05 per euro in trading today.
The yen has decreased significantly compared to the early closing day at 102.84 level.
This morning the yen had strengthened to 103.12 to the position.
hazem ahmed mohamed
2012-09-19, 10:30 PM
we have a very good chance to sell EURJPY now as we have a resistance level on the daily chart @50% so i predict that this pair will move downward on the short term our target point will be@38.2%.
gemmy
2012-09-20, 06:29 AM
From the shown H4 chart i think we have a great chance to start buying when the price go close to the support level @23.6% fibonacci , as it is expected that this level could push the price again into bullish direction so we can buy near this level with a small stop lose below it ,
4580
alskndry
2012-09-20, 01:16 PM
EURJPY had been rejected by the 103.18 resistance level yesterday.
Now, this pair is moving near the support level at 102.19. I think if EURJPY can break this support, EURJPY may continue the trend correction and has a chance to touch or hit the next support level at 101.30
zia786
2012-09-20, 04:59 PM
this thread is devoted to EUR/JPY discussion.
EUR/JPY
short 127.49 sl 127.72
1st tp 127.28
2nd tp open
VANDA_S
2012-09-20, 04:59 PM
http://sadpanda.us/images/1214410-4FY9EV1.png
On the H1 chart, the price is under the EMA 12 and EMA 72 indicates the trend is down
RSI 50 is below 50 indicates momentum area trend is down
Recommendation: sell
Range :102.38-101 .36
new-FX
2012-09-20, 06:18 PM
http://img269.imageshack.us/img269/8995/imagejk.gif
The pair EUR/jpy continued downside, which began yesterday after being bounced from the 103.62 resistance and moving average exceeded 55 and broke through 102.49 and 102.13 levels
The price now fluctuates around levels 101.00, trying to penetrate the support at 100.89
Stochastic gives a negative signal again and moving average 55 higher price, which could mean the continuation of landing
alskndry
2012-09-21, 02:22 PM
EURJPY had been rejected by the support level at 101.30. But now, I think EURJPY just making a little correction because in my view, the bearish pressure still strong enough. Then, if EURJPY can break 101.30 support level and also the yesterday's low, I expect EURJPY can fall to the next support level at around 100.43
VANDA_S
2012-09-21, 07:23 PM
http://i50.tinypic.com/2j2b42d.png
At the H4 chart, price is above the EMA 12 and EMA 72 indicates the trend is still up
RSI 50 drift over area 50 indicates the trend is still up
Recommendation: buy
:102.30 Range-101 .04
nouran
2012-09-22, 12:59 AM
this pair is going to form inverted hammer in H4 we may see more down after that candle formation.
sammy
2012-09-22, 05:14 PM
this pair has shown the maximum volatility this week. i wanted to get long after seeing the 5 day gain and increasing strength in euro, but this week has been a disappointment. i gave long at 102.5 and failed. now i guess a range trading will happen in the next week.
VANDA_S
2012-09-24, 09:52 AM
http://i46.tinypic.com/3535r91.png
On the H1 chart, the price is below EMA 12 and EMA 72 indicates the trend is still down
RSI 50 is below 50 indicates the trend is still down
Recommendation: sell
Range :101.92-100 .46
alskndry
2012-09-24, 01:12 PM
I think we can keep an eye on the current candle on H4 time frame. If the current candle can close below the 101.30 support level, I think it means EURJPY has broken that level successfully and this pair may falls to the next support level at 100.43. But if fail and EURJPY can close above that level, the current candle will form a pin bar candle and this pair may goes up to the resistance level at 102.19
Fxsniper
2012-09-24, 01:16 PM
sell: eurogbp : .7980, tp-1: 20-30 pips, tp2=.7903, tp3 is .7832
Fxsniper
2012-09-24, 01:20 PM
sell eurojpy: price=101.20,
sl =101.82,
tp-1= 20-30 pips,
tp2=100.33,
tp3=99.78
On the 4 hour chart noticeable that the pair eur / jpy slowed near the support level of 100.60 (price below this level are not allowed), will likely rebound in the northern direction (or at least a correction), sold only at the break of 100.60.
agitiga
2012-09-25, 10:22 AM
Sell at 102.30, Target: 100.30, Stop: 102.90
The single currency only recovered to 102.10 last Friday before running into fresh offers and has fallen again today, adding credence to our bearishness for the decline from 103.85 top to bring correction of recent rise towards 100.13 (38.2% Fibonacci retracement of entire rise from 94.12-103.85) and possibly psychological support at 100.00 but reckon previous support at 99.63 would hold from here due to near term oversold condition.
From the prevailing mood of the market, the pair is likely to fall yet towards the 99.60 area today, and this is a complex correctional move so we may without for an opportunity to long the old continent currency
dollar
2012-09-25, 11:49 AM
EURJPY had touched and had been rejected by the 100.43 support level yesterday. I think EURJPY has a potential to reach the 101.30 resistance level. But if EURJPY can break 100.43 support level, I think EURJPY will fall to the lower support level at 99.49
Eur means European dollar and jpy means japan yen dollar. the pair is one of the main pair of the list. there are some currencies on the main list. from them eur/jpy is main.
smart
2012-09-25, 01:10 PM
The pair settled close trading the dollar against the yen yesterday without 78.00, we get on technician negative factor supports the expected bearish trend scenario in general for the price.
Now, all it takes price is a clear breach and stability below 77.65 to give the expected bearish wave good acceleration towards 76.30 as a key target first.
Expected trading range for today is between: Support 76.30 Resistance 78.55
General tendency is expected for the day: Down
On the daily chart the pair much today went to long-term support level, sloping noticeably that the rate stayed near him, I think that will now be formed of at least the northern correction (and perhaps that of the resumption of the northern trend).
winstead
2012-09-25, 06:26 PM
Support this past 99.50 level today and Fibonacci extensions leads to 100.13. Keep looking at two things, it would be safe to remain in the sale and use intraday increase as an opportunity to open short positions.
Viki8
2012-09-25, 07:26 PM
||||Good starting point for the continuation of the southern movement can become Ichimoku cloud base (level 100.95), above which the rate for hours is not allowed, as a pair changed its primary trend (since the rate is trading below the cloud).||||||
new-FX
2012-09-25, 07:51 PM
http://img715.imageshack.us/img715/5756/imageihi.gif
The pair eur / jpy today penetration resistance level at 100.37 and continued to decline rebounded strongly support content for the level of 100.10 to rise strongly, reaching levels 100.96 and then resides SMA 55
A saturation signals with stochastic Asdam moving average 55 supports the bearish scenario in the coming period to reach the levels of 99.83
VANDA_S
2012-09-26, 12:21 PM
http://s13.postimage.org/4ddsr6y3r/image.png (http://postimage.org/)
upload pictures (http://postimage.org/)
On the H1 chart, the price is below 12 EMA and 72 EMA indicates the trend is still down
50 RSI is below 50 indicates area trend is still down
Recommendation: sell
TP: 99.34
sobusbd
2012-09-26, 02:49 PM
The asian trading Wednesday Eurjpy hit up 100.43 for 0.07% from low of 100.25 here will be of high 100.47 that why pair sought test support 100.17 on Tuesday's will be low and resistance will be at 101.05 tuesday's high. index full to 101.4 setember to august 102.3 on this record.
shiva
2012-09-26, 04:11 PM
ivot: 101
Our preference: Short @ 100.93 with targets @ 99.65 & 99.05 in extension.
Alternative scenario: Above 101 look for further upside with 101.7 & 102 as targets.
http://cache.mail.yandex.net/mail/b2df3ad19aa32fb2675c284ddc056ae3/www.tradingcentral.com/chart/EURJPY20129267515.GIF
winstead
2012-09-26, 08:24 PM
It may be an option for a temporary downtrend that realistic considering the position of the euro is still vulnerable to a variety of news about the Greek exit from the euro zone ... but the increase will only occur if the BOJ intervened to weaken its currency ..... let see
new-FX
2012-09-26, 10:03 PM
http://img62.imageshack.us/img62/5641/imagegf.gif
Could not pair Eur/ Jpy further significant decline since yesterday from 101.02 levels
SMA 55 putting pressure on the price to drop, while stochastic gives a positive signal for the rise, making price fluctuates now around the levels of 99.90
The pair closer to the drop in the short term to reach levels around 99.55
dollar
2012-09-27, 09:30 AM
EURJPY is moving between the support and resistance level now and I also think this pair is in consolidation.
If EURJPY can break 99.49 support level, this pair will continue the down trend to the next support level at 98.45.
But if EURJPY can break 100.43 resistance level, EURJPY will go up to the next resistance level at 101.30
winstead
2012-09-27, 07:47 PM
i think bullish trend are trying to push up the currency and beyond the psychological level at 100.00. If this level can stop the urge bullish, prices will be forced to return to a level of 99.50.
sinfx
2012-09-28, 12:29 PM
http://i1270.photobucket.com/albums/jj603/hykuga/EJ289_zpsd3222c98.png
Trend Analysis Using Indicators Raitis:
RaitisPriceChannel : UP
RaitisStoch : UP
RaitisCyFilter : UP
Prev / Daily High = 100.34
Prev / Daily Low = 99.63
Y. Middle = 99.98
If the price is above 99.98 then it will up to 100.34.
On the other hand if the price is below 99.98 then next target at 99.63.
angle
2012-09-28, 12:35 PM
These are just amaizing pairs since they are just trendy in the market without any ability to make you a richer person than you are this is just the good part of it.
karlie4nia
2012-09-28, 02:56 PM
This past few months i have kind of noticed eur/jpy being a little dull. It does not carry much volume as before. The market for this pair have been ranging according to my analysis. It is quite difficult to determine with my indicators which is its direction. Even though in the past week it did as though it it tending down an showed such signals, especially on 4 hour time frame using histogram. I hope it would do much better in october and the remaining part of the year.
winstead
2012-09-28, 08:50 PM
If during the first resistance at 100.46 and 101.05 if not break, there is a risk to break below 99.63, but this opportunity is very small.
dollar
2012-09-30, 11:25 PM
break for 99.77 by close of 4hr candle below it means that the up trend been broken so we can sell this pair targeting 98.91 then 98.08 and the stop loss be a close by 4hr candle above the up trend
Fxsniper
2012-10-01, 02:23 PM
EUR JPY little buy @ 100.33, TP 100.85 sl 99.82 i need 50 pips again!
Skoda
2012-10-01, 03:00 PM
yeh pair ka price niche gir raha hai shayad yeh bahut risky hai open a Sell position at this time,I will wait for a correction in the price of 114.44.
The pair continues to trade within the side channel, only that there was a retreat from its upper boundary (100.68 level) and now began to develop southern wave, I think today (tomorrow) the price falls to the level of support 99.80 (my main goal).
romannil
2012-10-01, 05:54 PM
Eur/jpy technical analysis for 01.10.2012 by using : Auto pivot point.
resistance 3:101.31
resistance 2:100.98
resistance 1:100.56
pivot point :100.23
support 1:99.81
support 2:99.49
support 3:99.07
winstead
2012-10-01, 08:01 PM
EUJ up sharply in the U.S. Open, but resistance at 101.01 is strong enough to block the rate EUJ. my analysis within 1-2 hours if the price is not able to get through resistance, then it will EUJ sideway or down
Macintosh
2012-10-02, 12:50 AM
* In my opinion the pair EUR / JPY continues to keep the mood of the north, now we see that the price is slightly rolled to a slanted line with exemplary support at the cost of 99.60, so now expect some more corridors, and then from the middle of the week will go back to the top .*
bdconnect
2012-10-02, 02:01 AM
Euro/Jpy is the best pair for trade.because this pair movement is so fast and you you can earn more and more money in a day.most of the the people like to trade this pair.so trade be careful.
dollar
2012-10-02, 07:22 AM
EURJPY had broken the 100.43 resistance level. With that breaking, no this pair has a potential to go up and reach 101.30 resistance level. But that scenario may fails if EURJPY can fall and break 100.43 level today
raihan8212
2012-10-02, 07:53 AM
The euro strengthened against the yen on Tuesday after reports emerged that Spain may be closer to seeking a bailout, which would fuel hopes the eurozone was closer to firewalling and extinguishing its debt crisis.
In Asian trading on Thursday, EUR/JPY hit 100.66, up 0.15%, up from a low of 100.55 and off a high of 100.67.
The pair sought to test support at 99.79, Monday's low, and resistance at 101.03, Monday's high.
The single currency saw demand after Spain's finance minister reportedly said the country was studying financial aid blue prints with the European Central Bank.
Spain announced recent bank stress tests revealed financial institutions need EUR60 billion to return to health, and European Union Commissioner Olli Rehn said earlier that he doesn't expect bank recapitlization efforts to affect the country's structural deficit.
Rehn added the country's 2012 deficit target is within reach, which propped up the euro.
The news sparked demand for the euro, which sparked a selloff of safe-haven currencies such as the Japanese yen.
Concerns the Moody's rating agency's may down****e Spain's sovereign rating to junk status kept the euro's gains at bay.
Elsewhere in Europe, the unemployment rate remained unchanged at 11.4% in August, in line with expectations.
Bolstering the currency further, however, were revised data that showed that the eurozone's manufacturing purchasing managers' index improved to 46.1 in September from 46.0 the previous month.
The euro, meanwhile, was up against the pound and flat against the Canadian dollar, with EUR/GBP trading up 0.05% at 0.7994 and EUR/CAD unchanged at 1.2662.
Later Tuesday, Spain will update changes to the number of unemployed workers, while the single currency bloc is also to release data on producer price inflation.
VANDA_S
2012-10-02, 11:42 AM
[img=http://s11.postimage.org/dce3r5n2b/image.png] (http://postimage.org/)
free image hosting (http://postimage.org/)
Pada chart H1 ,harga berada diatas 12 EMA dan 72 EMA menandakan trend masih naik
50 RSI berada diatas area 50 menandakan trend masih turun
Opsi :BUY
Take profit:101.63
MASD on the hourly chart drew a small divergence, the couple had just walked to the strong resistance level of 101.00 (figure), there are strong rebound in the south, I think the course has come down to the level of 99.80, holding the short position.
Monik
2012-10-02, 05:28 PM
Hold a long position, the pair consolidated above the moving alligator stochastics on a larger time frame showed a buy signal, similar to the maximum movement will be weeks - the level of 103.00.
Monik
2012-10-02, 05:28 PM
\\\\\Hold a long position, the pair consolidated above the moving alligator stochastics on a larger time frame showed a buy signal, similar to the maximum movement will be weeks - the level of 103.00.\\\\\
new-FX
2012-10-02, 06:38 PM
http://img821.imageshack.us/img821/4787/imagewe.gif
Rose pair EUR/ JPY today night to levels of 101.00 and tried to burn strong resistance at this level but bounces
Stochastic gives negative signals make the pair closer to land ... And if the price break SMA 55 has up to levels of 99.80
With reference to the break of 101.00 and top closures him pay the price for the rise towards 101.71 levels
hazem ahmed mohamed
2012-10-03, 04:42 AM
as we have a support level on the daily chart @38.2% so i predict that this pair will move upward on the short term so i suggest buying this pair now our target point will be@50% level.
dollar
2012-10-03, 06:45 AM
I think EURJPY is trying to reach the resistance level at 101.30. But in my view, the up trend is not too strong now. So, it will be better to wait and watch the price action that will happen on 101.30 resistance level. if EURJPY can break that level, this pair may continue going up to the next resistance level at 102.19.
romannil
2012-10-03, 10:04 AM
Eur/jpy technical analysis for 03.10.2012 by using : Auto pivot indicator.
resistance 3:102.08
resistance 2:101.65
resistance 1:101.32
pivot point :100.89
support 1:100.56
support 2:100.13
support 3:99.80
smart
2012-10-03, 11:29 AM
The pair arrived yen resistance level for the descending channel in sync with the stochastic entering overbought areas, which keeps our expectations for the downside list effective and supported by SMA 50, which protects the resistance for the descending channel mentioned.
We recall that the break of 77.65 will gain suggested bearish trend accelerated.
Expected trading range for today is between: Support 76.30 Resistance 78.30
General tendency is expected for the day: Down
william
2012-10-03, 12:02 PM
As against the U.S. dollar, the euro continued its rise against the yen (+0.42% yesterday) that allowed it to reach a higher level 101.19.
Today investors will pay attention to several European Services PMI at 11am and especially retail sales in the euro area in August. It is expected a figure less bad than last month at -0.1%. But who pays attention to the statistics now ...! Technically, the pair is a support to 99.49 and resistance at 101.46.
Couple steadily strengthened above 101.00 figure and continues to increase, this figure breakthrough opened the way up to the resistance level 102.00 (there is my goal) is also noticeable upward trend in the index of the euro on all fronts.
Monik
2012-10-03, 05:25 PM
If we analyze the daily chart is noticeable that the pair began to form a new south trend, now trading above the moving rate of the alligator and began work stochastics buy signal, goals I still northern.
VANDA_S
2012-10-03, 05:49 PM
http://imageshack.us/a/img191/3636/ejjjjjjjjjjjjjjjjjjjjjj.png (http://imageshack.us/photo/my-images/191/ejjjjjjjjjjjjjjjjjjjjjj.png/)
Uploaded with ImageShack.us (http://imageshack.us)
On the H1 chart, price is above the 12 EMA and 72 EMA indicates the trend is still up
RSI is above 50 area 50 menanndakan trend is still up
Options: BUY
Take profit: 101.84
new-FX
2012-10-03, 09:30 PM
http://img109.imageshack.us/img109/8796/imagejp.gif
Rebounded EUR / JPY today after touching strong support level of 100.76 existence SMA 55 has Vsassad strongly penetrates 101.18 and is now on the threshold of resistance 101.41 trying impenetrable
There can be some volatility or bearish correction for the presence of saturation on the stochastic, but as long as price is above the level of 100.76, the husband is the closest to rise in the short term and medium
\\\\The first target in the bulls think about resistance is 102.00 (figure) and while there is no further increase in technical obstacles, the daily chart of the formation of the medium markedly northern wave.\\\\
romannil
2012-10-04, 04:13 PM
Eur/jpy technical analysis for 04.10.2012 by using : Auto pivot indicator.
resistance 3:102.41
resistance 2:101.95
resistance 1:101.63
pivot point :101.17
support 1:100.85
support 2:100.39
support 3:100.07
Pair almost came to my goal-resistance 102.00 (figure), while hoping to break through this level and continue to grow, but it can (after such a strong growth) and the beginning of a correction, especially as the 102 - strong level.
Monik
2012-10-04, 07:01 PM
Couple badly tore the north, the price is about 102 figures, like the northern trend continues, I'm still waiting for a correction for a long entry, I think the main purpose of the bulls is near the maximum of the month 103.50.
winstead
2012-10-04, 07:12 PM
Price is currently testing the upper limit of the bullish channel at 101.80 medium term showed a decline. But if through this level will potentially large and initiate a bullish channel greater.
VANDA_S
2012-10-04, 07:15 PM
http://imageshack.us/a/img525/5945/ejindian.png (http://imageshack.us/photo/my-images/525/ejindian.png/)
Uploaded with ImageShack.us (http://imageshack.us)
Pada chart H1 ,harga berada diatas 12 EMA dan 72 EMA menandakan trend masih naik
50 RSI berada diatas area 50 menandakan trend masih naik
Opsi :BUY
Take profit :102.36
As planned, went short, a couple in the last few days has grown in value, now rate went up to 102 strong resistance around which a noticeable pause and consolidation, hoping to catch a correction.
new-FX
2012-10-04, 08:36 PM
http://img145.imageshack.us/img145/4456/imagei.gif
Rose EUR / JPY today above the resistance level 101.40 paid from the bottom of the SMA 55 in spite of the stochastic approach saturation
Price now vibrating at the level of 102.00, with some negative signals on the stochastic, which could push the price down a bit
Price to remain above the level of 101.40 means more rise in the short term
tarake_bd
2012-10-05, 12:51 AM
EUR/JPY technical analysis for 06.10.2012 by using : Fibonacci tool. It is all time frame. Enjoy it.
Resistance 3: 101.9
Resistance 2: 101.62
Resistance 1: 101.44
Pivot: 101.15
Support 1: 100.86
Support 2: 100.68
Support 3: 100.4
dollar
2012-10-05, 08:43 AM
we can see on the chart, EURJPY is touching the resistance level at 102.19 now.
Just keep an eye on this resistance level. if EURJPY can break this resistance, I expect EURJPY will continue going up to the next resistance level at 103.18. But if fail to break this resistance, EURJPY may reverse and make some correction to the support level at 101.30
sobusbd
2012-10-05, 08:48 AM
Eurjpy the eur was higher Japanese Yen on Friday.
EUR/JPY was trading at 102.24, up 0.08% at time of writing.
pair likely to find support at 99.79 Mondays low and resistance at102.28, todays high.
gandha
2012-10-05, 11:46 AM
http://i.imgur.com/m6BjS.gif
from the pictures I show on h1 chart, EJ showed downtrend (weak) as a result of the movement up last night. recommendation to order the day is
Sell: 101.68
buy: 102.08
but my prediction for this currency pair uerjpy still may go to rise again as the daily is still showing strong uptrend
hafiz00
2012-10-05, 02:12 PM
Current price 115.00 .
Position For Order ;
Position 1 : Instant position
Position 2 : Buy limit 114.00
Position 3 : Sell limit 115.00
smart
2012-10-05, 02:12 PM
Counting the pair continued to rise during the previous periods, succeeded price reached 102.25 level to have this start to achieve the expected goals, influenced by price downward correction router, we expect further increases after this wave.
Steadfastness price above the level of 101.25 supports our vision to reach the 103.00 level through the medium nearby.
Stochastic provides us with negative signals after arriving to a saturation level of purchase.
Expected trading range for the day between 101.35 and 102.85
General tendency for the price: UP
romannil
2012-10-05, 06:48 PM
Eur/jpy technical analysis for 05.10.2012 by using : Auto pivot indicator.
resistance 3:103.48
resistance 2:102.86
resistance 1:102.51
pivot point :101.89
support 1:101.54
support 2:100.92
support 3:100.57
Just continues to show excellent growth pair eur / jpy, price continues to rise on increasing volume, my main goal is near-week high of 103.73 resistance, from there I will think of the sale and expect the beginning of the correction.
VANDA_S
2012-10-05, 07:21 PM
http://imageshack.us/a/img22/980/ejjjjjjjjjjjj.png (http://imageshack.us/photo/my-images/22/ejjjjjjjjjjjj.png/)
Uploaded with ImageShack.us (http://imageshack.us)
On the H4 chart, price is above the 12 EMA and 72 EMA indicates the trend is still up
50 RSI is above 50 indicates area trend is still up
Options: BUY
Take profit: 103.65
winstead
2012-10-05, 08:28 PM
Strengthening the price that goes up to now can bring the price to get to the weekly point of resistance 102.34. This point will also be a obstacle for the price to come back stronger. If it works through it, then the price will form its highest point over the past week.
new-FX
2012-10-05, 09:21 PM
http://img39.imageshack.us/img39/8499/imagej.gif
Re EUR / JPY testing 101.87 support level but is not able to break and then rose strongly supported by a moving average for 55 at the bottom of the price in addition to supporting a positive stochastic which made the price up to levels of 102.77
Expected a slight decline to test 102.19 support level due to the presence of negative stochastic
Likely to climb to stay closer as long as price is above the levels SMA 55
Monik
2012-10-05, 10:07 PM
steam and today managed to make up the next week, the rate is almost effortlessly managed to break through the resistance of 102.25 which opened the way to 103.70, while the need to wait for the correction to buy.
nurdiantofxwave
2012-10-07, 05:28 PM
Weekly special movement is showed by EUR/JPY because this pair can rise up after retraced from its lowerest price in level 100.05. prediction in next week still same from previous week, that is price will go up again but if we look chart h4, price almost closed and hold in psichologist area so it may not rise up with strong statement.
agitiga
2012-10-07, 06:34 PM
The eurjpy closed the week around 102.50, which is a pull back from the Friday's high. The price is going up higher after the pull back which brought it down to 99.69 area. Testing 103.80 will be the next objective
Marki
2012-10-07, 10:37 PM
Past trading week was noted by a strong rise in the euro, the pair eur / jpy is the formation of the northern trend, yet technically for growth no significant obstacles, the couple could easily go to at least 103.70.
nurdiantofxwave
2012-10-08, 06:41 AM
Reinforces of price on friday ago finally had stopped at level 102.73 so that it formed peak zig-zag as it looks in chart tf m15. After toush that level, price retraced down back to opening market level until now, if price still in downward movement it can touch psichologist level at 102.00.
romannil
2012-10-08, 06:57 AM
Eur/jpy technical analysis for 08.10.2012 by using : Auto pivot indicator.
resistance 3:103.93
resistance 2:103.38
resistance 1:102.96
pivot point :102.41
support 3:101.99
support 2:101.44
support 1:101.02
Syful
2012-10-08, 09:18 AM
Today Eur/Jpy Pivot Point 08/10/12
R3 103.90
R2 103.35
R1 102.96
Pivot Point 102.41
S1 102.02
S2 101.47
S3 101.08
VANDA_S
2012-10-08, 11:14 AM
http://imageshack.us/a/img651/2569/ejjjjjjjjjj.png (http://imageshack.us/photo/my-images/651/ejjjjjjjjjj.png/)
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On the H1 chart, the price is between 12 EMA and 72 EMA indicates trend is consolidation
50 RSI is above 50 indicates area trend is still up
Range: 102.92-101.53
Options: LONG
Take profit: 102.92
smart
2012-10-08, 12:57 PM
After the pair continued to rise during the previous periods, succeeded price reached 102.25 level to have this start achieving Alahdavalmtoukah, influenced by price downward correction router, we expect further increases after this wave.
Steadfastness price above the level of 101.25 supports our vision to reach the 103.00 level through the medium nearby.
Stochastic provides us with negative signals after arriving to a saturation level of purchase.
Expected trading range for the day between 101.35 and 102.85
General tendency for the price: UP
Marki
2012-10-08, 04:14 PM
Unexpected start of the week showed a pair eur / jpy, and she began to fall until the next level of support (from which you can consider buying) is about 99.84, and is still catching correction and sell again.
Monik
2012-10-08, 06:26 PM
The Bulls were not quite so strong, the couple did not even have the strength to walk to the 103.65 resistance as she collapsed heavily to the south, now I'm talking about buying do not even think I wait a good point to sell, the couple can go and still lower to 99.70.
As was to be expected after the sharp fall in the pair entered a correctional phase, the time schedule loomed resistance level of 101.50 which is likely to resume the fall, the north is not considered.
Mr.Strong
2012-10-08, 11:49 PM
Region became 101 support and the bottom area are estimated second pair to the upside
But this trend and from my point of view is still corrective direction
And await the arrival of the pair to our 105
Then define the new direction his
tradergalau
2012-10-09, 05:49 AM
EURJPY had been rejected by the 101.30 support level yesterday. But if I see on the chart, the rejection is not too strong. So, I think EURJPY may breaks 101.30 support level and continue falling to the lower support level at 100.43. But if fail to break, EURJPY has a an opportunity to rise and touch 102.19 resistance level.
http://i.imgur.com/t2RSx.gif
raihan8212
2012-10-09, 08:31 AM
The euro firmed against the yen on Tuesday after investors viewed the single currency as oversold and snapped up nicely priced positions.
Stronger-than-expected balance of payments data out of Japan pushed the yen down somewhat.
In Asian trading on Tuesday, EUR/JPY hit 101.64, up 0.05%, up from a low of 101.56 and off a high of 101.77.
The pair sought to test support at 101.13, Monday's low, and resistance at 101.77, the earlier high.
The euro and other higher-yielding currencies fell earlier after the World Bank and the International Monetary Fund cut global growth figures.
The World Bank earlier cut its 2012 growth forecast for developing Asia-Pacific economies to 7.2% from a May forecast of 7.6%.
The World Bank also said China's economy will growth 7.7% this year, down from a May forecast of 8.2%.
The International Monetary Fund, meanwhile, cut its 2012 global growth forecast to 3.3% from a July estimate of 3.5%.
However, the euro gained against the yen after stronger-than-expected current account data published in Japan.
In a report, Ministry of Finance said that Japans Current Account rose to a seasonally adjusted 0.72T, from 0.34T in the preceding month.
Analysts had expected Japans Current Account to rise 0.52T last month.
The news enticed a few bargain hunters to go long on the euro albeit in choppy trading.
The euro, meanwhile, was up slightly against the pound and down against the Canadian dollar, with EUR/GBP trading up 0.01% at 0.8092 and EUR/CAD trading down 0.08% at 1.2659.
Later Tuesday, eurozone finance ministers will hold talks to discuss ways to firewall and extinguish the debt crisis.
---------- Post added at 08:59 AM ---------- Previous post was at 08:58 AM ----------
The euro rose against dollar on Tuesday as investors felt the currency fell enough due to ongoing European uncertainty and cuts to global growth forecasts made by multilateral financial institutions.
In Asian trading on Tuesday, EUR/USD was trading up 0.10% at 1.2981, up from a session low of 1.2974, and off from a high of 1.2985.
The pair was likely to test support at 1.2938, Monday's low, and resistance at 1.2985, the earlier high.
The euro slid earlier against its U.S. counterpart as investors awaited the outcome of a meeting of E.U. ministers this week as well as German Chancellor Angela Merkel's first trip to Greece since 2007.
Merkel's visit takes place as representatives from Greece's Troika of international creditors — the ECB, the European Commission and the International Monetary Fund — mull whether the country is meeting terms required to receive its next shot of financial aid.
Hard economic data didn't support the euro either.
The Sentix index of investor confidence for the eurozone for October improved albeit less than expected, ticking up to -22 from a reading of -23.2 the previous month.
Analysts had expected the index to improve to -20.8.
Meanwhile in Europe's largest economy, Germany's industrial production fell 0.5% in August, less than an expected decline of 0.8%, but still off from a 1.2% increase in July.
Macroeconomic forecasts sparked safe-haven dollar demand as well.
The World Bank reported earlier that the eurozone economy will expand 0.2% in 2013, down from a 0.7% forecast made in May, which prompted investors to sell the single currency.
Bearish views on Asia, however, fueled strong demand for the safe-haven dollar.
The World Bank earlier cuts its 2012 growth forecast for developing Asia-Pacific economies to 7.2% from a May forecast of 7.6%.
The World Bank also said China's economy will growth 7.7% this year, down from a May forecast of 8.2%.
The International Monetary Fund, meanwhile, cut its 2012 global growth forecast to 3.3% from a July estimate of 3.5%.
Meanwhile, the European Stability Mechanism is now up and running with EUR200 billion in resources to assist troubled countries, though Spain has officially yet to request a bailout, which kept the euro lower.
By early Asian trading, however, investors felt the euro had weakened enough and snapped up nicely priced positions amid bottom-fishing.
The euro, meanwhile, was up against the pound and up against the yen, with EUR/GBP trading up 0.03% at 0.8094, and EUR/JPY trading up 0.12% at 101.70.
Later Tuesday, eurozone finance ministers will continue to hold talks to discuss ways to firewall and extinguish the debt crisis.
---------- Post added at 09:01 AM ---------- Previous post was at 08:59 AM ----------
The euro rose against dollar on Tuesday as investors felt the currency fell enough due to ongoing European uncertainty and cuts to global growth forecasts made by multilateral financial institutions.
In Asian trading on Tuesday, EUR/USD was trading up 0.10% at 1.2981, up from a session low of 1.2974, and off from a high of 1.2985.
The pair was likely to test support at 1.2938, Monday's low, and resistance at 1.2985, the earlier high.
The euro slid earlier against its U.S. counterpart as investors awaited the outcome of a meeting of E.U. ministers this week as well as German Chancellor Angela Merkel's first trip to Greece since 2007.
Merkel's visit takes place as representatives from Greece's Troika of international creditors the ECB, the European Commission and the International Monetary Fund mull whether the country is meeting terms required to receive its next shot of financial aid.
Hard economic data didn't support the euro either.
The Sentix index of investor confidence for the eurozone for October improved albeit less than expected, ticking up to -22 from a reading of -23.2 the previous month.
Analysts had expected the index to improve to -20.8.
Meanwhile in Europe's largest economy, Germany's industrial production fell 0.5% in August, less than an expected decline of 0.8%, but still off from a 1.2% increase in July.
Macroeconomic forecasts sparked safe-haven dollar demand as well.
The World Bank reported earlier that the eurozone economy will expand 0.2% in 2013, down from a 0.7% forecast made in May, which prompted investors to sell the single currency.
Bearish views on Asia, however, fueled strong demand for the safe-haven dollar.
The World Bank earlier cuts its 2012 growth forecast for developing Asia-Pacific economies to 7.2% from a May forecast of 7.6%.
The World Bank also said China's economy will growth 7.7% this year, down from a May forecast of 8.2%.
The International Monetary Fund, meanwhile, cut its 2012 global growth forecast to 3.3% from a July estimate of 3.5%.
Meanwhile, the European Stability Mechanism is now up and running with EUR200 billion in resources to assist troubled countries, though Spain has officially yet to request a bailout, which kept the euro lower.
By early Asian trading, however, investors felt the euro had weakened enough and snapped up nicely priced positions amid bottom-fishing.
The euro, meanwhile, was up against the pound and up against the yen, with EUR/GBP trading up 0.03% at 0.8094, and EUR/JPY trading up 0.12% at 101.70.
Later Tuesday, eurozone finance ministers will continue to hold talks to discuss ways to firewall and extinguish the debt crisis.
romannil
2012-10-09, 08:52 AM
Eur/jpy technical analysis for 09.10.2012 by using : Auto pivot indicator.
resistance 3:103.80
resistance 2:103.17
resistance 1:102.38
pivot point :101.75
support 1:100.96
support 2:100.33
support 3:99.54
nurdiantofxwave
2012-10-09, 10:06 AM
Price move in upper hma 32 line. This indicates that price shown in bullish trend for short term. If we look signal stochastic condition in tf h1 had shown in overbought level, that estimated for price to retrace down before go up again.
kakpay
2012-10-09, 11:32 AM
EURJPY: The signal is still unclear, Watch range 101.34 - 101.71
The movement of the two groups of EMA and EMA-Term Short-Term Long still showed definite signal, in which two groups of EMA has not found the middle of the intersection, so the gap is still not open. But by looking at the movement of the MACD, indicator figures seen moving close to zero (0) which has the potential to move up. Stochastics indicator is also moving in the same pattern, where the indicator numbers start showing up towards the movement patterns of area 80, although it is still held above the area 50. If the price keeps going up, then the resistance will be in the range of areas of 101.71 (61.8% Fibonacci), 101.85 and 102.08 (Fibonacci 100%). However it is not possible prices move down, where the price will be welcomed range support at 101.60 (50% Fibonacci), 101.48 (38.2% Fibonacci) and 101.34 (23.6% Fibonacci).
alskndry
2012-10-09, 12:53 PM
EURJPY had been rejected by the 101.30 support level yesterday. But if I see on the chart, the rejection is not too strong. So, I think EURJPY may breaks 101.30 support level and continue falling to the lower support level at 100.43. But if fail to break, EURJPY has a an opportunity to rise and touch 102.19 resistance level.
amni570
2012-10-09, 04:22 PM
Buy Limit AUDUSD 1.018 SL 0.998
Sell Limit EURJPY 102.0 SL 104.0
Sell Limit EURUSD 1.305 SL 1.325
...
Marki
2012-10-09, 04:46 PM
Until further reduce 200 prevents sliding on the hourly chart, the pair is consolidating around it for several hours, as MASD formed divergence would consider buying at strengthening up 101.35, the sale is moving at break 200.
VANDA_S
2012-10-09, 06:05 PM
http://imageshack.us/a/img513/9589/ejindia.png (http://imageshack.us/photo/my-images/513/ejindia.png/)
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On the H1 chart, the price is below 12 EMA and 72 EMA indicates the trend is still down
21 RSI is below 50 indicates the trend is still down
RECOMMENDATION: SELL
Take profit: 100.83
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