Eur/Jpy

[Irika]

eur / jpy still managed to overcome rolling alligator (which acted as a support), after the break is a small northern correction, when it will sell by the end goals of 99.80 (medium support).

[new-FX]

http://img560.imageshack.us/img560/1774/imageyz.gif

Oscillates EUR / JPY around 101.20 after falling levels today after touching the resistance located at 101.82 levels and content then the SMA 55 and was supported by the decline stochastic

No clear signal now to the direction of the pair to pressure SMA 55 from the top, stochastic gives a positive signal for the rise

Breaking levels 101.03 and closure underneath you will pay the price for the drop to the 100.37 levels either shutdown the highest levels of 100.82 will pay the price for the rise to levels 102.50

[winstead]

102.05-102.17 area will be the next obstacle for the price to appreciate because the area is an indication of overbought area i think for this pair

[Orel]

Couple today demonstrated a strong fall, a few hours before the course again broke through the level of short-term 101.05 (figure), and strengthened its position below the 200 moving average, I'm still waiting for compensation for the sale.

[Bieela_cute]

Elliott: flat correction down 100.94
It is likely to fall towards 101.36 - 100.97 as its corrective rally could falter in 102.05 - 102.35 area. Stop above 103.12 zone.
Warning: Imminent end of bearish move
Technical points
Key point 101.3500
Entry point 101.9300
Elliott 102.8000
Closing 101.5900
Projection 100.9400
Trendline 102.5100
Trendline 102.2100
Supports / Resistances
Res 2 103.1200
Ex-High 102.5100
Res 1 102.3500
Pivot 101.7400
Sup 1 100.9700
Ex-Low 101.1300
Sup 2 100.3600

[tradergalau]

I think the bearish movement on EURJPY still strong enough. Now, EURJPY almost touch and move near the support level at 100.43. If EURJPY can break this support level, I think EURJPY has a big opportunity to fall and reach the lower support level at around 99.49.
http://i.imgur.com/bLTnJ.gif

[nurdiantofxwave]

Eur/jpy hold in monthly pivot level (100.66) after felt down from weekly pivot level (101.70) yesterday. Price felt down from highest level (101.83). if this condition still continue in this day, price predicted to touch psichological point 99.82.

[romannil]

Eur/jpy technical analysis for 10.10.2012 by using : Auto pivot indicator.

resistance 3:102.90
resistance 2:102.39
resistance 1:101.61

pivot point :101.10

support 1:100.32
support 2:99.81
support 3:99.03

[amni570]

Eur/jpy buy above 101.219 with a target of 101.600

---------- Post added at 03:47 AM ---------- Previous post was at 03:46 AM ----------[/SI[COLOR="Silver"]

[SIZE=1]---------- Post added at 03:50 AM ---------- Previous post was at 03:47 AM ----------

EUR/JPY SELL BELOW 100.727 WITH A TARGET OF 100.350

Base on 30M GRAPH

[kakpay]

Same movement seen in 3 indicators for EURJPY movement today; GMMA with his two EMA groups showed that prices in the near future will likely signal a decline, although the significance level is still not very strong; MACD it shows the same thing with GMMA, but with a stronger level of significance, with the indicator area figures moving toward zero (0); Stochastics similar to the MACD is also showing strong indications that the number of indicators to try to penetrate into the area 20. If confirmation of the decline occurred during the day, then the range of support will be recorded in the areas of 100.29 (38.2% Fibonacci retracement), 99.68 (23.6% Fibonacci retracement) and 98.68 (0% Fibonacci retracement). However, if the opposite happens then it will be recorded in the resistance range of areas 100.79 (50% Fibonacci retracement) and 101.28 (61.8% Fibonacci retracement).

[VANDA_S]

http://imageshack.us/a/img9/9589/ejindia.png (http://imageshack.us/photo/my-images/9/ejindia.png/)

Uploaded with ImageShack.us (http://imageshack.us)
At the H4 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: 99.85

[Dages0308]

i think Eur/JPY will be down...maybe in level area support fresh will be break. so i will buy...think so far so best to buy...if fresh support in break maybe best full buy. low risk and high reward.

[alskndry]

I think the bearish movement on EURJPY still strong enough. Now, EURJPY almost touch and move near the support level at 100.43. If EURJPY can break this support level, I think EURJPY has a big opportunity to fall and reach the lower support level at around 99.49.

[Marki]

steam per hour chart has formed "an inverted head and shoulders" reversal formation began this work out, have broken through the neckline and the pair opened up a path at least to the level of 101.80 (subject to overcome the 200 MA).

[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.

[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 + -).\\\\

[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.

[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.

[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
http://i.imgur.com/wI3FS.gif

[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).

[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

[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.

[tradergalau]

http://i.imgur.com/zsaV0.gif
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.

[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.

[zola18]

Continuing negative impact on the trading price since yesterday has been breached bullish channel and price since the morning trying to test the broken level of the channel around 100.60
Stochastic is approaching oversold level I support now bearish trend for the pair

[Irika]

Really strong movement has made in the last couple of hours, after that tend to expect the correction, but about selling now be forgotten, I now target the north, I think a week to a maximum of 102.70 should go.

Continuing negative impact on the trading price since yesterday has been breached bullish channel and price since the morning trying to test the broken level of the channel around 100.60
Stochastic is approaching oversold level I support now bearish trend for the pair

[Macintosh]

Japan's currency today is reduced throughout the market, so for EUR / JPY has a line break downstream and still struck the horizontal resistance level 101.10, so I went to a couple of U-turn, and the first goal it will be 102.60 ....

[hazem ahmed mohamed]

as we have a support level on the daily chart @38.2% then i predict that EURJPY will move upward on the short term so i suggest buying this pair now our target point will be@50%.

[Jobs]

Pair made today tug on top and that's sort of the level of support is drawn but I think he would not survive, it is seen that a couple of his draws down, so that the current rise may result in a fall tomorrow ... the trend is yet ... and such cases are usually returned back ...

[Bieela_cute]

Although the single currency has fallen again after meeting renewed selling interests at 101.16 and the fall from 102.80 may extend marginal weakness below psychological support at 100.00, as outlook is still consolidative, previous support at 99.65 should limit downside and further choppy trading would take place. Above 101.16 (yesterday’s high) would suggest low is possibly formed, bring a stronger rebound to resistance at 101.84, break there would signal the fall from 102.80 has ended and bring a stronger round to 102.20-30 first

[dollar]

Today’s technical analysis for 12.10.2012
Price is open above the pivot point- 101.03
Resistance 3- 103.47
Resistance 2- 102.59
Resistance 1- 101.91
Pivot point- 101.35
Support 1- 100.35
Support 2- 99.46
Support 3- 98.79

Japan's currency today is reduced throughout the market, so for EUR / JPY has a line break downstream and still struck the horizontal resistance level 101.10, so I went to a couple of U-turn, and the first goal it will be 102.60

[nurdiantofxwave]

Eur/jpy had shown in overbought condition after retrace up from opening level price ago. Trend for short, medium and long term also show up strong. This condition can make price will continue rise until break weekly pivot level (101.70)

[tradergalau]

EURJPY had broken the 101.30 resistance level yesterday. I think now EURJPY still in bullish trend. If EURJPY can break the yesterday's high, I am sure this pair will go up today and the target is at around 102.19 as the next resistance level of EURJPY.
http://i.imgur.com/Uh2qc.gif

[romannil]

Eur/jpy technical analysis for 12.10.2012 by using : Auto pivot indicator.

resistance 3:103.56
resistance 2:102.65
resistance 1:101.96

pivot point :101.05

support 1:100.36
support 2:99.45
support 3:98.76

[raihan8212]

The Euro was higher against the Japanese Yen on Friday.

EUR/JPY was trading at 101.54, up 0.27% at time of writing.

The pair was likely to find support at 100.15, Thursday�s low, and resistance at 102.45, Monday�s high.

[gandha]

EUR / JPY is testing resistance at 101.70, after successfully penetrating into the down trendline shown in graph 1 hour. If the resistance is broken, the EUR / JPY is likely to move towards 102.06. However, the correction is likely to occur because of indications have been seen on overbought Stochastic and CCI 1 hour.

[Mr.Strong]

Trend is expected today: UP

Powerful region today: 101.10

Pair above 101.10 to buy the following objectives 101.60 then 102.30

The pair down 101.10 for sale the following objectives 100.70 then 100.25

[Marki]

Again, a couple came close to the 101.80 resistance seems nevertheless held that the breach of this level should open the way further north up to the medium level of 102.78 (maximum of the week) as a 4 hour chart is developing a northern signal MASD.

[Irika]

I think that the couple today still continue the path north until a noticeable pause and testing support for 101.65 (around her are also moving alligator) from it and I expect to continue growing, stop below 101.50.

[forexking2]

After the pair's attempts to trade the broken bottom of the rising channel, price stability could not negative level to settle the price to rise again above the channel's support level around 100.50.

[winstead]

Watch the support at 101.10 for a deeper correction could happen if the level is break, eyeing the range 100.50 - 100.13.

[Pioner3]

Evident on the daily chart formed a converging triangle, you need to wait until the release of this figure, but is likely to go on the north (the main trend), as has already happened retreat from the support (which is also a long-term).

[Vamos]

:girl:Well, that picture on the hourly chart looks like a pretty good idea, pierced level tested a few times, so I think the deal with the looming very clear parameters stop below 101.20 and 102.80 capabilities can even ...

[Bieela_cute]

EURJPY next week

Elliott: zigzag or flat correction 102.25
Corrective dips should ideally halt near 100.86 or 100.31 for one more thrust upwards towards 102.03 - 102.66 area or 103.76 in extention. Fall below 99.06 puts it back on a downward path.
Warning: Harami
Technical points
Key point 101.7900
Entry point 100.8700
Elliott 99.6400
Closing 101.5600
Projection 102.2500
Trendline 100.1400
Trendline 100.5200
Supports / Resistances
Res 2 103.7600
Ex-High 102.5100
Res 1 102.6600
Pivot 101.4100
Sup 1 100.3100
Ex-Low 100.1500
Sup 2 99.0600

[Jobs]

Yes indeed pair shows Singhal on growth, there is a very good consolidation above 99.50 ... and it seemed to have a tendency to rise in the euro on the market ... so while considering to buy a pair, with the possible breakdown and consolidation above the resistance level of 103.75, .. .. and then even higher ... 107.70

[paptup]

If EUR/JPY continues its advance into higher levels, it may encounter resistance at 117.80 (May 31 high), 118.50 (April 26 low) and 119.20 (May 3 low).

[Bieela_cute]

Elliott: flat correction up 102.14
Should test support at 101.23 while below 101.56. If support at 101.23 holds it can rise up to 101.90, if not it should fall to below 100.90 zone.
Technical points
Key point 102.0100
Entry point 101.9000
Elliott 100.1500
Closing 101.5600
Projection 101.7900
Trendline 101.2400
Trendline 102.3300
Supports / Resistances
Res 2 102.2500
Ex-High 101.9200
Res 1 101.9000
Pivot 101.5700
Sup 1 101.2300
Ex-Low 101.2400
Sup 2 100.9000

[romannil]

Eur/jpy technical analysis for 15.10.2012 by using : Auto pivot indicator.

resistance 3:102.67
resistance 2:102.30
resistance 1:101.96

pivot point :101.59

support 1:101.24
support 2:100.88
support 3:100.53

[raihan8212]

The euro slid against the yen on Monday as investors avoided the single currency and opted for safe-haven venues such as the yen ahead of an E.U. summit this week, where policymakers will discuss Greece and its request for more time to meet fiscal targets.

In Asian trading on Monday, EUR/JPY hit 101.18, down 0.42%, up from a low of 101.04 and off a high of 101.51.

The pair sought to test support at 101.04, the earlier low, and resistance at 101.91, Friday's high.

European Union policymakers will hold an Oct. 18-19 summit in Brussels to discuss Greece's steps towards fiscal health as well as ways to firewall and extinguish the continent's debt crisis.

Greece has requested a two-year extension to meet deficit targets.

The euro on Monday fell as investors sold to await announcements to come from the meeting.

Elsewhere, Spain has yet to request a bailout despite persistent market talk that Madrid is planning to do as such, which weakened the euro further.

---------- Post added at 11:33 AM ---------- Previous post was at 11:26 AM ----------

The euro slid against the yen on Monday as investors avoided the single currency and opted for safe-haven venues such as the yen ahead of an E.U. summit this week, where policymakers will discuss Greece and its request for more time to meet fiscal targets.

In Asian trading on Monday, EUR/JPY hit 101.18, down 0.42%, up from a low of 101.04 and off a high of 101.51.

The pair sought to test support at 101.04, the earlier low, and resistance at 101.91, Friday's high.

European Union policymakers will hold an Oct. 18-19 summit in Brussels to discuss Greece's steps towards fiscal health as well as ways to firewall and extinguish the continent's debt crisis.

Greece has requested a two-year extension to meet deficit targets.

The euro on Monday fell as investors sold to await announcements to come from the meeting.

Elsewhere, Spain has yet to request a bailout despite persistent market talk that Madrid is planning to do as such, which weakened the euro further.

[forexking2]

After the pair's attempts to trade the broken bottom of the rising channel, price stability could not negative level to settle the price to rise again above the channel's support level around 100.50.
Price stability within the rising channel from New supports the upward trend again to achieve a new level around 102.90

[alskndry]

I think EURJPY still in bullish sentiment today and this pair still moving above the 101.30 support level now. So, I think EURJPY still has a chance to continue going up and reach the resistance level at 102.19. But be careful, if EURJPY can break 101.30 support level, the trend may changes.

[forexking2]

Stochastic supports positive rate as well as the moving average supports support point mentioned.
Expected trading range between 100.60 and 102.90 for the day.
General tendency for the price: UP.

[ispgamer]

EURJPY also on nice bearish. This bearish can probably start again play if the candle 4h here can be open bellow that pivot (101.47). On my simple word : search for sell better if that happen. But, please use the wise Sl. SL can be set on above the pivot 101.47

[kakpay]

Technical Analysis For Short-Term (Short Term: 1-7 days) 80% Buy
trendspotter buy
7 day average directional indicator buy
10-8 day MA hilo channel buy
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold

Technical Analysis for the Medium Term (Mid Term: 2-4 Sunday) 25% Buy
40 Day hold commodity channel index
50 Day MA VS Price buy
20-100 Day MACD Oscillator
buy
50 Day parabolic time / price sell
20-50 Day MACD oscillator buy

Technical Analysis For Long Term (Long Term: 1-3 Months) 67% Buy
60 Day hold commodity channel index
100 Day MA VS Price buy
50-100 Day MACD oscillator buy

[Miki]

EUR / JPY almost effortlessly couple now able to rise above 101.83 which was an additional signal of dominance bull market participants track to get to 102.70 free, now waiting for the correction to buy.

[David7]

As yet a further increase in early to say, the couple went to the dense sloping resistance level (4 hour chart), on which there is a high probability of falling to the south + Stochastic on the hourly chart shows a sell signal.

[forexking2]

The general trend is consistently positive price support level around 99.90 Price tried during last week's trading access to him but to no avail, so expect the price fluctuation in the near.
Stochastic supports positive rate as well as the moving average supports support point mentioned.

[winstead]

this pair if the price at the 101.75 level could continue to survive without going back pressure, allowing for high touch in the range of 102.22.

[Pioner3]

A very interesting situation is formed by the pair eur / jpy, just a couple came to the medium-sloping resistance level around which has left off, and a small retreat, possible mid-term decline in the south.

[hodhod2000]

EUR/JPY is still staying inside recent converging range and intraday bias remains neutral. Some more sideway trading could be seen. On the upside, above 102.79 will argue that recent rally from 94.11 is finally resuming and will turn bias to the upside for 103.86 first. Break will confirm and target 61.8% retracement of 111.43 to 94.11 at 104.81 and then 111.43 key resistance.

[monir01]

Stochastic supports positive rate as
well as the moving average supports
support point mentioned.
Expected trading range between
100.60 and 102.90 for the day.
General tendency for the price: UP.

[Bieela_cute]

Elliott: irregular flat correction up 102.58
Currently uptrend should end around 102.06 - 102.40 area. A correction down to below 101.15 is expected. A rise above 102.97 will abort the expected correction.
Warning: Engulfing pattern
Technical points
Key point 102.0100
Entry point 101.5200
Elliott 101.0400
Closing 101.8300
Projection 102.2900
Trendline 101.6200
Trendline 101.6200
Supports / Resistances
Res 2 102.9700
Ex-High 102.2900
Res 1 102.4000
Pivot 101.7200
Sup 1 101.1500
Ex-Low 101.0400
Sup 2 100.4700

[papop]

i think EURJPY=X stock chart on Yahoo! Finance. Change the date range, chart type and compare EUR/JPY against other companies.

[rok]

On an extremely technical basis most Oracle developers in India are aware that both cursor and ref cursor are the same. They are both kind of cursors that can be processed in the same manner. Some of the salient differences that exists between and regular cursors are as follows:

It is possible to open ref cursor dynamically and can be defined at run time where a regular cursor is static because it is defined at compile time.

It is possible to pass a ref cursor to PL or SQ routine or even sent back to a client while a regular cursor has to be addressed in a direct manner and cannot be returned to a client application

[ltn]

1 euro = 102.1250 Japanese yen

EUR/JPY (EURJPY=X)
-CCY

102.1161 Up 0.2239(0.22%) 9:43PM EDT
http://chart.finance.yahoo.com/t?s=EURJPY%3dX&lang=en-US&region=US&width=300&height=180

[lipop]

yes EURJPY=X stock chart on Yahoo! Finance. Change the date range, chart type and compare EUR/JPY against other companies.

[romannil]

Eur/jpy technical analysis for 16.10.2012 by using : Auto pivot indicator.

resistance 3:103.70
resistance 2:103.00
resistance 1:102.42

pivot point :101.72

support 1:101.14
support 2:100.44
support 3:99.86

[forexking2]

Expected trading range for today is between: Support 101.00 and resistance 102.90
General tendency is expected for the day: UP

[ashaab]

http://i46.tinypic.com/2yukls7.gif

The short term trend of the pair is to the upside. Intraday trading range of the pair is expected among key support at 100.75 and key resistance at 103.60. Based upon my chart analysis, I prefer to buying the pair above 102.10 with targets 102.85, 103.10 then 103.60 and stoploss with four hour candle closing below 101.60.

[alskndry]

EURJPY is trying to break the resistance level at 102.19 now. Then, if EURJPY can break that resistance level and also the yesterday's high, I think it will give a big opportunity for EURJPY to continue going up and reach the next resistance level at around 103.18

[hodhod2000]

The trading range for today is among key support at 100.75 and key resistance now at 103.60.
The general trend over short term basis is to the upside targeting 109.15 as far as areas of 98.75 remain intact with weekly closing

[Miki]

Couple just managed to break through the resistance of 102.78 almost effortlessly keep buying, now the way is open to the north in the flesh Resistance 103.73 which is my main goal.

[ayaatzaki]

by my Ichimoku Kinko Hyo i buy eur/jpy now and my profit at 105.02 good luck

[David7]

eur / jpy pair could overcome sloping resistance line on the daily chart also occurred retreat and consolidate above the moving alligator, which indicates the strength of bulls, now we need to wait for the correction and buy it.

[hictor23]

EUR/JPY
SELL
Enter :- 101.960
TP1 :- 101.380
TP2 :- 100.802
SL :- 103.125

Note this is just my attempt to predict the price could be right or wrong stop-loss order is very important must put always follow the trend

[najmul.djd]

eur/jpy technical analysis by using : average directional movement index

+di : 25.5928
-di : 13.7859
adx : 57.0461
timeframe : 1 hour

time : 1700
date : 16.10.2012

[yogesh]

Last weeks high is broken upward by this pair and so the it is the right time to look to long the pair with possible targets around the 1.0324 level. For long term traders though there does not look much upside and so we can expect to see a drop soon.

[forexking2]

The trading range for today is among the key support at 100.75 and the key resistance at 103.60
The short term trend is to the upside target at 109.15 intact 98.75 weekly closing

[aanshi]

Now it price is 103.03 & it best price for sell order so anybody choose it for sell order for profit. try it & it best for profit. you can collect update news for price rate.

[tradergalau]

As we can see on the chart, EURJPY has broken the resistance level at 103.18. I think this breaking will open a way for EURJPY to continue going up and this pair has an opportunity to reach the next resistance level at around 104.08. Yeah, the up trend still strong enough :happy:
http://i.imgur.com/GQXcL.png

[romannil]

Eur/jpy technical analysis for 17.10.2012 by using : Auto pivot indicator.

resistance 3:104.76
resistance 2:103.93
resistance 1:103.46

pivot point :102.63

support 1:102.16
support 2:101.33
support 3:100.86

[great white]

Bias and the pair are Bullish Momentum, beware when the pair perform the range retracement level of 102.80 which is a trade Highest previously dated October 5, 2012 and and confirm it as Support, the pair will return next Resistance traded higher by 103.80 dikisaran.
Conversely, if the pair traded lower range below 102.80 resistance and confirming it as the pair would be potentially traded down to the range of Resistance Trendline previous Symmetrical Triangle is 102.00.
EURJPY has traded with Range 41 points at 42% of the Average Range 96 points and was trading 0.00% with High and Low +0.22% -0.17% of the close of trading yesterday.
Intraday Resistance 103.80 / Support Intraday 102.80 - 102.00

[alskndry]

EURJPY has broken the resistance level at 103.18. I think this breaking will open a way for EURJPY to continue going up and this pair has an opportunity to reach the next resistance level at around 104.08. Yeah, the up trend still strong enough

[ashaab]

http://i50.tinypic.com/anhiyq.gif

The short term trend of the pair is to the upside. Intraday trading range of the pair is expected among key support at 101.60 and key resistance at 104.65. Based upon my chart analysis, I prefer to bbuying the pair above 102.60 with targets 103.10, 103.70 then 104.65 and stoploss with four hour candle closing below 101.60.

[najmul.djd]

eur/jpy technical analysis by using : average directional movement index

adx : 32.2729
+di : 26.2235
-di : 14.4644
timeframe : 1 hour

time : 1000
date : 17.10.2012

[TASKALA1]

Purchase of the lens at 103.44 the first 103.80
second objective 104.25
Sale of 103.01 the objective of the first level102.70 second objective 102.38
thank you

[Miki]

South correction is completed and the couple resumed growth in the North continue to hold a long position, I plan to make another purchase in the breakdown of 103.40, but it is likely the beginning of a deeper and southern correction, consider selling at strengthening below 102.90.

[Vamos]

Couple with a very good start of the week rose EUR / JPY...i now see that they formed a very clear, a double top just below the peak, so it is possible to see that roll down from this level ....

[David7]

Over the past two days, the course went well to the north, while the south was not normal correction, the pair went to the 103.40 resistance level around which a noticeable pause and consolidation, most likely from her and starts south correction, Stochastic signal to sell.

[hictor23]

EUR/JPY
BUY
Enter :- 103.270
TP1 :- 103.648
TP2 :- 104.027
SL :- 102.516

Note this is just my attempt to predict the price could be right or wrong stop-loss order is very important must put always follow the trend

[Pioner3]

Could not resist and got on sale, a pair of well grown and it is normal to wait for the southern rollback, the pair stopped at much resistance 103.40, MASD shows a sell signal as to be 102.70.

[romannil]

Eur/jpy technical analysis for 18.10.2012 by using : Auto pivot indicator.

resistance 3:104.78
resistance 2:104.27
resistance 1:103.92

pivot point :103.41

support 1:103.06
support 2:102.55
support 3:102.20

[ispgamer]

EURJPY had broken the 103.18 resistance level yesterday. Now, I think EURJPY still in the up trend and has potential to continue going up and reach the higher resistance level at 104.08 or higher. But this up trend may changes if EURJPY can fall and break 103.18

[kakpay]

EUR / JPY has been out of the symmetrical triangle. Potentially leading to the upper side at 105.90. Monitor test strong resistance area defined by the declining trendline and previous high at 103.86. Support per hour at 102.62 (intraday low).

EUR / JPY moves in a long-term downtrend (see trendline that connects the Top October 2009 with Top April 2011). Oscillator medium term support test of this downtrend.

[raihan8212]

The euro rose against the yen on Thursday on hopes a summit of E.U. policymakers set to open later in the day will produce policy action that will abate the European debt crisis.

In Asian trading on Thursday, EUR/JPY hit 103.73, up 0.16%, up from a low of 103.63 and off a high of 103.73.

The pair sought to test support at 102.92, Wednesday's low, and resistance at 103.75, Wednesday's high.

European Union policymakers on Thursday will open a two-day summit in Brussels to discuss Greece's steps towards restoring fiscal health as well as ways to firewall and extinguish the debt crisis, especially in Spain.

Talk continued to grow ahead of the summit's opening on Thursday that Spain is moving closer to officially requesting a bailout from its neighbors.

Such as request would make the country eligible to participate in the European Central Bank's sovereign bond-buying program, which would lower borrowing costs in Madrid debt auctions and give investors a boost of confidence to take on risk.

Such optimism sent the safe-haven yen falling against the single currency.

Stronger-than-expected housing data out of the U.S. fueled demand for risk as well, which also came at the yen's expense.

The U.S. Census Bureau reported earlier that housing starts rose 15% in September to a seasonally adjusted 872,000 units, far surpassing market calls for a 2.7% increase to 770,000.

The U.S. government added that the number of building permits issued in September rose 11.6% to a seasonally adjusted 894,000, beating out expectations for a 1.1% gain to 810,000.

[kaushal4]

I think now its time for pair to go up . It can be bought from here till....
This pair is not showing too much move..

[hazem ahmed mohamed]

we have a support level on the daily chart @50% so i predict that EURJPY will move upward on the short term and i suggest buying this pair now our target point will be@61.8%.

[forexking2]

EUR JPY rose during the period prior to achieve a clear positive on the price of his arrival to the level of 103.40 and lasts since morning trading positively above the level of 102.80, which form of resistance against the pair

[ashaab]

http://i47.tinypic.com/fcp62s.gif

The short term trend of the pair is to the upside. Intraday trading range of the pair is expected among key support at 102.10 and key resistance at 106.30. Based upon my chart analysis, I prefer to buying the pair around 103.10 with targets 103.70, 104.65 then 105.25 and stoploss with four hour candle closing below 102.10.

[Dages0308]

http://i50.tinypic.com/anhiyq.gif

The short term trend of the pair is to the upside. Intraday trading range of the pair is expected among key support at 101.60 and key resistance at 104.65. Based upon my chart analysis, I prefer to bbuying the pair above 102.60 with targets 103.10, 103.70 then 104.65 and stoploss with four hour candle closing below 101.60.

this is pattrn ascending alright sir?? great powerfull bullish... i think i want to buy but waiting make new HL. after that will be buy again..please corection...

[hictor23]

EUR/JPY
SELL
Enter :- 103.690
TP1 :- 103.102
TP2 :- 102.516
SL :- 104.871

Note this is just my attempt to predict the price could be right or wrong stop-loss order is very important must put always follow the trend

[turabawan8]

18/10/2012 EUR/JPY Full Detailed ForeCast

Pivot point (level of invalidation): 103.1

Our preference: Long positions above 103.1 with target to 104 and 104.35 in extension.

Alternative scenario: Below 103.1 we expect further downside with 102.75 and 102.3 of targets.

Technical Comments: the RSI lacks upward momentum.

[raihan8212]

The yen was little changed against the euro, with EUR/JPY adding 0.02% to 103.58.

Investors were looking ahead to the start of a two-day European Union summit on Thursday, although no major announcements on Spain or Greece were expected.

Meanwhile, the U.S. was to publish its weekly report in initial jobless claims, as well as data on manufacturing activity in Philadelphia.

[yudijoni]

Retention EURJPY at resistance at 103.87, the EURJPY probably fell back through 103.55 try again with the next target of 103.39 retrace area. We see 103.55 as a crucial point in favor of the decline, both in look at the hourly chart, successfully penetrated the price tends to point to 103.39 again.

[Bieela_cute]

Elliott: elongated flat correction up 104.13
One move lower to 103.07 or 102.57 is anticipated while below 103.66 - 103.90 area. Stop loss above 104.24 zone.
Warning: Imminent end of bullish move
Technical points
Key point 104.1300
Entry point 103.7300
Elliott 100.1500
Closing 103.5600
Projection 104.4400
Trendline 102.9100
Trendline 104.0200
Supports / Resistances
Res 2 104.2400
Ex-High 103.7500
Res 1 103.9000
Pivot 103.4100
Sup 1 103.0700
Ex-Low 102.9100
Sup 2 102.5700

[sobusbd]

euro rose to 5 month high against the yen on thusday as demand for single currency was boosted following strong demand an auction of spanish gov debt while expectations for more easing by the bank of japan.
that why eurjpy hit 104.07 during european early afternoon tradingthe pair highest since may 8 at 103.88 agining 0.32%.

[Miki]

Perfect couple went to the north, and it looks like more could go on until noticeable consolidation support near 103.80 (below it is my exit point), about this level traces of purchases, it is possible to come from the purchase of the trend with little risk, especially since the potential for progress is there.

[David7]

EUR / JPY pair of almost non-stop overcome 103.50 resistance zone and continues to grow, but still remains the final frontier 103.80 of which can still be a correction in the south believe that more than a continuation of growth.

[najmul.djd]

eur/jpy technical analysis by using : average directional movement index

adx : 25.5558
+di : 19.4623
-di : 11.4653
timeframe : 1 hour

time : 1600
date : 18.10.2012

[mudassiransi]

Forex Technical Update
Previous: EUR/JPY and GBP/JPY Riding Their Rising Trendlines (10/3)

EUR/JPY Daily Chart 10/18/2012 7:35AM EDT



Sharp rally: The EUR/JPY is making a new high since rallying from the July low of 94.10, as it pushes above the 103.86 resistance pivot. The rally has been holding above a rising trendline, and the RSI has tagged 70, now a 3rd time, without falling under 40, and even staying above 50. This strong rally has a recent 6-day streak that is now attacking a falling trendline that goes back to April, 2011 as it approaches the 104.00 psychological handle.

Falling wedge, trendline: The weekly chart shows a falling wedge development with support extending back to August 2010, and the resistance trendline going back to 123.31 in April 2011. The falling trendline is what the market is focused on at the momentum.

Breakout: Will the trendline hold? I think there is upside room until 105.25, 38.2% retracement for the market to show respect to this falling trendline. But above that, the market opens up a previous resistance pivot lies at the 108.00 handle.

If the market holds under 105 and falls under the rising trendline from July, 94.10 low, then a bearish outlook returns.

Bearish momentum: Also note that the weekly RSI is approaching 60, during the falling wedge, it has respected 60, and reflected persistent bearish momentum. If this wedge is to hold, it should hold the weekly RSI under 60 as well.

EUR/JPY Weekly Chart 10/18/2012



Fan Yang CMT is a forex trader, analyst, educator and Chief Technical Strategist for FXTimes � provider of Forex News, Analysis, Education, Videos, Charts, and other trading resources.

Information and opinions contained in this report are for educational purposes only and do not constitute an investment advice. While the information contained herein was obtained from sources believed to be reliable, author does not guarantee its accuracy or completeness. FXTimes will not accept liability for any loss of profit or damage which may arise directly, indirectly or consequently from use of or reliance on the trading set-ups or any accompanying chart analysis.

[Mr.Strong]

The pair remains for the rise to continue to maintain trading above the support level at 103.00
This climb is targeted to reach levels of 104.00 - 104.35

[turabawan8]

EUR/JPY hovers near 5-month high

The euro rose to 5-month high versus the yen on Thursday as the Japanese currency weakened amid speculation the BoJ will ease its policy further at the October 30 meeting.

EURJPY extended gains into a sixth consecutive day and hit its highest since May 8 at 104.12. The pair however found resistance and failed to hold above the 104.00 mark, and it is currently trading at the 103.80 area, still up 0.3% on the day.

[Bieela_cute]

Elliott: elongated flat correction up 104.13
Preferred view is for a fall to 103.44 - 103.20 while 103.86 - 104.04 area resists. A clear break of 104.51 would be bullish.
Technical points
Key point 103.9400
Entry point 103.8600
Elliott 100.1500
Closing 103.5700
Projection 104.4400
Trendline 103.7000
Trendline 104.0500
Supports / Resistances
Res 2 104.5100
Ex-High 104.1400
Res 1 104.0400
Pivot 103.6700
Sup 1 103.2000
Ex-Low 103.3000
Sup 2 102.8300

[kakpay]

Price seemed to be at the technical zone supply and buyers seem to lose the power to raise the price of this pair higher: a doji on the zone supply ...

Reduction target price on weekends can be very large or even just moving sideways. Wait n see ...

[raihan8212]

The Euro was higher against the Japanese Yen on Friday.

EUR/JPY was trading at 103.74, up 0.16% at time of writing.

The pair was likely to find support at 101.04, Monday�s low, and resistance at 104.14, Thursday�s high.

[shepon93]

Eur/jpy pair just bounced from its support 114.I think now its time for this pair to go up..it can be bought from here till 117.Thsi pair is not showing too much move.But for now its signals are signifying for this much only.

[romannil]

Eur/jpy technical analysis for 19.10.2012 by using : Auto pivot indicator.

resistance 3:104.94
resistance 2:104.55
resistance 1:104.06

pivot point :103.67

support 1:103.18
support 2:102.79
support 3:102.30

[ashaab]

http://i50.tinypic.com/11gt4jq.gif

The short term trend of the pair is to the upside. Intraday trading range of the pair is expected among key support at 102.10 and key resistance at 106.30. Based upon my chart analysis, I prefer to buying the pair around 103.70 with targets 104.65, 105.25 then 105.85 and stoploss with four hour candle closing below 102.60.

[Mr.Strong]

Upward direction pair today
Expected targets 104.00 - 104.35
With the necessity of constant trading above the support level 103.10

[turabawan8]

19/10/2012 EUR/JPY Full Detailed ForeCast

Intraday EUR / JPY: upward trend over 103.1.

Pivot point (level of invalidation): 103.1

Our preference: Long positions above 103.1 with target to 104 and 104.35 in extension.

Alternative scenario: Below 103.1 we expect further downside with 102.75 and 102.3 of targets.

Technical Comments: the RSI has just broken an upward trend downward.

[gandha]

eur jpy have declined today, it terlhihat from h4 chart that shows the condition of the larger sideway predicted to fall, predicted a reversal in the 102.70 area.vote to sell this currency pair

[Pioner3]

On the hourly chart was the formation of topping formation "head and shoulders" has just hosted the first signal confirming the reversal to the south is a break of the neckline 103.47 and the pair continued to fall heavily, my target level of 102.00.

[hictor23]

EUR/JPY
SELL
Enter :- 103.960
TP1 :- 103.211
TP2 :- 102.577
SL :- 104.871

Note this is just my attempt to predict the price could be right or wrong stop-loss order is very important must put always follow the trend

[Miki]

As might be expected there was a retreat from 103.80 resistance (daily chart), started south practiced signal MASD (4 hour chart), waiting for my entry point to sell, range to the south still exists, may fall to 102.70 (nearest support).

[najmul.djd]

eur/jpy technical analysis by using : average directional movement index

adx : 31.2400
+di : 7.0209
-di : 23.5665
timeframe : 1 hour

time : 1500
date : 19.10.2012

[winstead]

EURJPY approaching the upper limit of the bullish channel at 104.40 medium term decline. However, break of these levels start the bullish channel more rough.

[Macintosh]

EUR / JPY show growth ... a very good move in the channel at the top, but now we see that the pair began to roll back a little bit and I suppose that a couple can get the support and fend 102.80 growing again ... the Japanese currency has started to fall in the market .. so I think it's just a small pullback after which it will rise ..

[Bieela_cute]

EURJPY next week

Elliott: support in a triangle up 102.25
Currently uptrend should end around 103.70 - 104.59 area. A correction down to below 101.49 is expected. A rise above 105.92 will abort the expected correction.
Warning: End of trend
Technical points
Key point 103.9400
Entry point 102.2900
Elliott 99.6400
Closing 103.2700
Projection 106.4600
Trendline 100.9100
Trendline 101.9200
Supports / Resistances
Res 2 105.9200
Ex-High 104.1400
Res 1 104.5900
Pivot 102.8200
Sup 1 101.4900
Ex-Low 101.0400
Sup 2 99.7100

[najmul.djd]

eur/jpy technical analysis by using : average directional movement index

adx : 39.1278
+di : 5.8555
-di : 15.8190
timeframe : 1 hour

time : 2300
date : 20.10.2012

[robiul alam]

If EUR/JPY continues its advance into higher levels good fast forex like work forum indian forex your work to money good

[mdjoy16]

this pair is going to form inverted hammer in H4 we may see more down aftergood likeyes some trades are happy good busniess earn fast money good like forex

[amni570]

EUR/JPY
BUY above = 103.350 UPPER TARGET = 103.720
SELL below = 102.940 LOWER TARGET = 102.550

---------- Post added at 02:46 AM ---------- Previous post was at 02:26 AM ----------

EUR/JPY at five-month highs, 104.07, 104.00 Barriers go

[robiul alam]

likeyes some trades are happy due to the style of there trading and they used to think well forex fast money good good friends forex work go to work to money good likelike work thanks forex forum indian forex your work to money forex forum good like thanks

[Bieela_cute]

EURJPY 22 Oktober 2012
Elliott: correction zigzag 102.59
There is bearish potential for a fall to 103.01 while 103.40 - 103.54 resist. After this fall a recovery up to 103.54 or 103.67 is expected.
Technical points
Key point 103.0600
Entry point 103.3500
Elliott 104.1400
Closing 103.2700
Projection 102.9600
Trendline 103.8000
Trendline 103.4600
Supports / Resistances
Res 2 104.0600
Ex-High 103.8000
Res 1 103.6700
Pivot 103.4000
Sup 1 103.0100
Ex-Low 103.1400
Sup 2 102.7400

[tradergalau]

EURJPY is moving around the support level at 103.18 today. If EURJPY can break this support level, I expect EURJPY will fall to the next support level at around 102.19. But if fail to break, EURJPY may rebound here and go up to the resistance level at 104.08.
http://i.imgur.com/u7gAO.gif

[romannil]

Eur/jpy technical analysis for 22.10.2012 by using : Auto pivot indicator.

resistance 3:104.40
resistance 2:104.11
resistance 1:103.71

pivot point :103.42

support 1:103.02
support 2:102.73
support 3:102.33

[kakpay]

In the long-term trading, the price seems a correction under conditions of ongoing bullish trend. During this week, if the decline continues, the target to reduce approximately: 101.50 is likely to be achieved.

[forexking2]

Consecutive bullish signals affected the price of the pair during the previous period led to the stability of the price level
Positive and clear that the level of 102.80 is a barrier of resistance, now a new support price.

[gandha]

EURJPY has managed to climb back up asia rice when the market is open, it indicates that the pressure is still very strong bullish for this pair.I think EURJPY will make corrections or reversal when the price has reached 104.36
vote buy

[alskndry]

EURJPY is moving around the support level at 103.18 today. If EURJPY can break this support level, I expect EURJPY will fall to the next support level at around 102.19. But if fail to break, EURJPY may rebound here and go up to the resistance level at 104.08

[ashaab]

http://i45.tinypic.com/w9wk60.gif

The short term trend of the pair is to the upside. Intraweek trading range of the pair is expected among key support at 100.75 and key resistance at 106.30. Based upon my chart analysis, I prefer to buying the pair above 103.60 with targets 104.10, 104.65 then 106.30 and stoploss with four hour candle closing below 102.10 for this week.

[forexking2]

Expected trading range between 103.00 and 104.50 for the day.
General tendency for the price: UP

[turabawan8]

22/10/2012 EUR/JPY Full Detailed ForeCast

Pivot point (level of invalidation): 103.1

Our preference: LONG positions at 103.17 with targets at 104 and 104.35 in extension.

Alternative scenario: Below 103.1 we expect further downside with 102.75 and 102.3 of targets.

Technical Comments: the RSI is bullish and calls for further uphill.

[Jobs]

The Japanese currency continues to fall and pulled a pair of ... is the breakdown of the resistance level of 103 .90 and the oscillator moves very much on top .. and here are a couple without encountering much resistance to successfully grow to the next level .. 105.60

[hictor23]

EUR/JPY
BUY
Enter :- 103.260
TP1 :- 103.633
TP2 :- 104.007
SL :- 102.516

Note this is just my attempt to predict the price could be right or wrong stop-loss order is very important must put always follow the trend

[Miki]

EUR / JPY pair today mark the breakdown of long-term resistance of 103.80 that was a strong buy signal (bulls continue to buy on trend), while waiting for the correction to buy, try to open the way to 105.50.

[VANDA_S]

http://i.imgur.com/4I43r.png
At the H4 chart, price is above the 12 EMA and 72 EMA indicates the trend is still up
21 RSI is above 50 indicates the trend is still up
Recommendation: BUY
Take profit: 105.25

[David7]

Exchange rate has appreciated steadily moving up the alligator on the weekly chart also clearly seen very strong growth potential (almost without obstacles), the couple left today of the triangle and broke the resistance of 103.80, also on the rise says southern fixing fractal.

[Robi]

For more senior chart clearly visible rising channel which is now trading course, the pair is still (and has already overcome) the middle of the channel, waiting for growth to easily could 106.50 more so now that the euro is very much down.

[winstead]

In the long-term trading, the price seems a correction under conditions of ongoing bullish trend. During this week, if the decline continues, it reaches about 101.50 reduction targets are likely to be achieved.

[raihan8212]

The euro was up more than 1% against the broadly weaker yen on Monday, to hit a five-and-a-half month high, as weak Japanese trade data added to concerns over the prospect of more easing by the Bank of Japan later this month.

EUR/JPY hit 104.40 during European early afternoon trade, the pair�s highest since May 8; the pair subsequently consolidated at 104.36, gaining 1.04%.

The pair was likely to find support at 103.12, the session low and resistance at 105.56, the high of May 4.

The yen was broadly weaker after weak Japanese trade data earlier Monday fuelled expectations for more monetary easing by the BoJ at its upcoming policy meeting on October 30.

Official data showed that Japan posted a JPY558.6 billion trade deficit in September, as exports fell 10.3% from the same month last year, the biggest drop since May 2011, two months after Japan�s earthquake disaster.

The euro found support after regional election results in Spain over the weekend indicated support for the austerity policies of Prime Minister Mariano Rajoy.

The center-right Popular Party of Prime Minister Rajoy increased its majority in his home region of Galicia on Sunday, removing a possible obstacle to formally requesting a bailout from Spain�s euro zone partners.

A bailout request by Spain would activate the European Central Bank�s bond purchasing scheme, aimed at lowering high peripheral bond yields in the euro zone.

Prime Minister Rajoy said Friday he still had not decided whether to request a sovereign bailout.

---------- Post added at 10:06 PM ---------- Previous post was at 09:48 PM ----------

The yen was also weaker against the euro, with EUR/JPY up 0.55% to 103.08.

The euro found support after weekend regional election results in Spain indicated support for government austerity policies.

The center-right Popular Party of Prime Minister Mariano Rajoy increased its majority in his home region of Galicia on Sunday, removing a possible obstacle to formally requesting a bailout from Spain�s euro zone partners.

[najmul.djd]

eur/jpy technical analysis by using : average directional movement index

adx : 40.0166
+di : 25.0457
-di : 15.6322
timeframe : 1 hour

time : 1900
date : 22.10.2012

[tradergalau]

EURJPY moved in a great bullish trend yesterday and also had broken the resistance level at 104.08. With this strong enough up trend, I think EURJPY will continue going up today and the next target is the higher resistance level at 104.96 or even higher.
http://i.imgur.com/jlsf2.gif

[romannil]

Eur/jpy technical analysis for 23.10.2012 by using :Auto pivot indicator.

resistance 3:106.23
resistance 2:105.35
resistance 1:104.88

pivot point :104.00

support 1:103.53
support 2:102.65
support 3:102.18

[samsiah]

Rate Spot come near boundary of middle meter of bullish channel in 104.40 showing de****ation. But, breakthrough of level the will start harder bullish channel.
indicator of Teknikal do not give clear sinyal, but until resistensi do not destroy assumption de****ation of big possibility. Band Bollinger have very diperketat in the last few days show de****ation of contiguity and volatilitas among hardness movement.

[kakpay]

EURJPY moved in a great bullish trend yesterday and also had broken the resistance level at 104.08. With this strong enough up trend, I think EURJPY will continue going up today and the next target is the higher resistance level at 104.96 or even higher.

[forexking2]

Expected trading range between 103.50 and 106.00 for the day
General tendency: UP

[ashaab]

http://i48.tinypic.com/18esth.gif

The short term trend of the pair is to the upside. Intraday trading range of the pair is expected among key support at 100.75 and key resistance at 106.30. Based upon my chart analysis, I prefer to buying the pair above 104.10 with targets 104.65, 105.25 then 106.30 and stoploss with four hour candle closing below 103.10.

[Bieela_cute]

Elliott: impulse wave up 105.00
Current rise seems to be over near 104.43 or 104.86 for a retracement towards 104.00 - 103.77 area.
Warning: Engulfing pattern
Technical points
Key point 105.0200
Entry point 104.0800
Elliott 103.1400
Closing 104.4100
Projection 104.7600
Trendline 103.6300
Trendline 103.6300
Supports / Resistances
Res 2 105.3200
Ex-High 104.4600
Res 1 104.8600
Pivot 104.0000
Sup 1 103.5500
Ex-Low 103.1400
Sup 2 102.6800

[sonyole]

Simple analysis for EUR / JPY, on Tuesday, October 23, 2012.
In time frame 1 H, it appears that the pair is a correction, and will continue the bullish trend. Indicators WMA 50 and WMA 100 at time frame 4 H still showing bullish trend. Correction down to this pair, most likely to the price of 103.53 (resistance 1), after which it will return to the initial trend (bullish).

[ahmed fakhry]

The result of the end of the two-day summit Friday in Brussels showed that the EU heads agreed on the creation of a single European banking supervisory authority, which will allow for the eurozone rescue fund to send its capital directly into troubled banks in the region. The two important issues that EU leaders failed to conduct were to define precisely the period when Spain will make a formal request for help and provide with the date of the next tranche of financial assistance for Greece. The euro got support and the EUR / USD pair grew to a new high of $ 1.3077 after announce of the results of the elections in the province of Galicia. The Spanish Prime Minister Mr.Mariano Rajoy was elected there. The news released investors’ concerns about obstacles in applying for international financial assistance for Spain.

[Robi]

Steam after yesterday's growth today went to yuzhnoyu correction rate just went up to the medium-sloping support level (trend) around which is already evident a short stop, the main trend is still north and probably about the line you can shop (rebound).

[turabawan8]

23/10/2012 EUR/JPY Full Detailed ForeCast

Intraday EUR / JPY: the trend remains upward.

Pivot point (level of invalidation): 103.8

Our preference: Long positions above 103.8 with targets at 104.65 and 105.2 in extension.

Alternative scenario: Below 103.8 we expect further downside with 103.6 and 103.1 of the target.

Technical Comments: Although it is conceivable a continuation of consolidation, its extension should be limited.

[hictor23]

EUR/JPY
SELL
Enter :- 104.420
TP1 :- 103.942
TP2 :- 103.466
SL :- 105.379

Note this is just my attempt to predict the price could be right or wrong stop-loss order is very important must put always follow the trend

[turabawan8]

Forex Trading Signals: GBP/USD, EUR/GBP, & EUR/JPY

Daily Market Scan for Trade Setups

This is shaping up to be a good week for trading. Expect some nice moves mid week. More on that tomorrow.

Today we have three pairs in play with trade setups mostly on the lower time frames.

The GBP/USD is setup on the daily time frame and watch for entries on the 1 hour as well.

[forexking2]

Stability point pivotal support around 102.70 for the day makes Price shave freely within the rising channel is clearly drawing facility down to the level of 106.60.
SMA supports the upward trend trading consistently above the average level.

[Alex]

An interesting situation was formed on the pair eur / jpy, but that the rate went up to yesterday's break of 103.83 support for the now, and around it suspended its movement until the formation of the forward pivot northern model, I do not think that the course be allowed below this level, the trend is that more still in force.

[David7]

While too early to talk about the north, on the 4 hour chart has formed a divergence MASD + signal to the south, the pair managed to overcome rolling alligator and now trades under them, the course could easily go down at least to the level of 103.20.

[VANDA_S]

http://i.imgur.com/k1zvr.png
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: 103.10

[winstead]

The price on this pair is approaching the upper limit of the medium-term bullish channel at 104.40 showed a decrease. However a break of these levels will initiate a bullish channel stronger.

[amni570]

Another contest week is over, and we are ready to award our winners to the strains of drum rolls. May InstaForex gifts bring more happiness into your life while various contests make it more interesting. Please, welcome our winners who successfully crossed the finishing line.
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[Ladenboys]

After over 100 pips rally in monday this pair today again come back to under 103.50.Its cant stay above 104 mark.
Its now trade at 103.47 mark.If it brak 103.25 mark the 7 day low I think we may see 102.75,102.25 mark next.
On the flip side its now targeting 104.5 major psychological mark.

[najmul.djd]

eur/jpy technical analysis by using : average directional movement index

adx : 28.5159
+di : 16.2540
-di : 20.6211
timeframe : 1 hour

time : 2000
date : 23.10.2012

[raihan8212]

the yen was also higher against the euro, with EUR/JPY down 0.45% to 103.93.

The euro came under pressure after ratings agency Moody�s cut the credit ratings of Catalonia and four other Spanish regions late Monday, citing their worsening liquidity positions and predicting that these regions are likely to ask the central government for aid in 2013.

[Bieela_cute]

Elliott: irregular flat correction up 104.53
While above 103.49 - 103.12 zone a corrective dip could test 103.86 or 104.44.
Technical points
Key point 103.4900
Entry point 103.4200
Elliott 103.1400
Closing 103.7000
Projection 104.1400
Trendline 103.2800
Trendline 103.4300
Supports / Resistances
Res 2 105.1700
Ex-High 104.6000
Res 1 104.4400
Pivot 103.8600
Sup 1 103.1200
Ex-Low 103.2800
Sup 2 102.5500

[tradergalau]

EURJPY almost touched the support level at 103.18 yesterday. I think EURJPY will try to test that support level again today. Then, if EURJPY can touch that support and break it successfully, EURJPY may falls to the next support level at around 102.19.http://i.imgur.com/dbadn.gif

[gandha]

correction of the decline has occurred in the EURJPY currency pair on h4 timeframe,but according to my predictions EURJPY longterm downtrend still can not be said for the formation h4 candle on the time frame is still not happening breaklow causing broken uptrend signal

[romannil]

Eur/jpy technical analysis for 24.10.2012 by using : Auto pivot indicator.

resistance 3:105.79
resistance 2:105.20
resistance 1:104.45

pivot point :103.86

support 1:103.11
support 2:102.52
support 3:101.77

[raihan8212]

The euro reversed losses against the yen on Wednesday despite ongoing uncertainty surrounding Spain and its alleged reticence to request a bailout.

Key manufacturing data is due out of Europe later during the day, which kept some nerves on edge, though the euro found room to firm amid bottom fishing as the yen softened on talk of possible Bank of Japan easing.

In Asian trading on Wednesday, EUR/JPY hit 103.77, up 0.07% and up from a low of 103.56 and off a high of 103.83.

The pair sought to test support at 103.30, Thursday's low, and resistance at 104.14, Thursday's high.

Investors rushed to safe-haven currencies such as the yen earlier after Moody's slapped credit-rating down****es on the Spanish regions of Andalucia, Extremadura, Castilla-La Mancha, Catalonia and Murcia.

The news pummeled the euro by adding to already growing uncertainty as to if or when Spain will request a bailout, though the currency regained some composure in Asian trading.

Requesting financial assistance would allow Spain to tap the European Central Bank's bond-buying program, which would lower yields in Spanish government debt auctions and ease credit conditions in the country.

Furthermore, the Bank of Spain said the country�s gross domestic product contracted by 0.4% in the third quarter, leaving country cemented in recession.

The Spanish monetary authority also stressed that it could not rule out missing deficit targets later this year.

The news wasn't all bearish for the pair.

Japan posted a JPY558.6 billion trade deficit in September, according to recent official data, with exports falling 10.3% from the same month last year, the biggest drop since May 2011, two months after Japan�s earthquake disaster.

The numbers sparked talk the Bank of Japan will take fresh steps to stimulate the economy, including fresh monetary easing measures later this month, which pressured the yen down slightly on Wednesday.

[nurdiantofxwave]

EUR/JPY look in chart m15 to retrace up after yesterday fell down until back to monthly ressistance 1 level (103.35).
Trend for short term also look up that indicates by hma 32. this confirmed that price may rise up but limited.

[kakpay]

EURJPY almost touched the support level at 103.18 yesterday. I think EURJPY will try to test that support level again today. Then, if EURJPY can touch that support and break it successfully, EURJPY may falls to the next support level at around 102.19.

[ctgboy]

eurjpy set of two simply just bounced by it is service 114..
i'm sure at this point it is time period due to this set of two to go up into.. it might be obtained by in this article until finally 117..
thsi set of two seriously isn't featuring an excessive amount go.. nevertheless for at this point it is impulses usually are hinting that due to this considerably solely.

[ashaab]

http://i50.tinypic.com/5l17gy.gif

The short term trend of the pair is to the upside. Intraday trading range of the pair is expected among key support at 101.60 and key resistance at 105.25. Based upon my chart analysis, I prefer to buying the pair above 103.10 with target 103.70, 104.65 then 105.25 and stoploss with four hour candle closing below 102.60.

[raihan8212]

The yen was trading close to a one-week high against the euro, with EUR/JPY down 0.54% to 103.13.

Later Wednesday, the Federal Reserve was to announce its benchmark interest rate and release its first monetary policy statement since the central bank announced a third round of quantitative easing in September. The U.S. was to release official data on new home sales.

Meanwhile, European Central Bank President Mario Draghi was to attend a meeting in Germany�s central bank, which was to be followed by a press conference.

[Robi]

Very interesting situation formed on eur / jpy, a pair of sliding stops at 200 (also about her is the horizontal level of 103.14) and similar course makes a turn to the north, the goals can be ... 104.50 103.70 levels.

[Alex]

On the 4 hour chart is very clear reversal formation has formed "head and shoulders", but as the pair failed to break through the neckline (support for 103.15) and from the left to the northern lights out, need to wait for the sales capacity below this level, the purchase is not considered, in the long north do not.

[Emma]

Indeed the pair is now a negative trend, the pair continues to be under pressure bears are able to drive it at a grazing alligator, probably will breakdown support 103.20 and we will see levels of 102.70, 101.80.

[winstead]

A clear break above 103.81 area could trigger further bullish pressure on this pair and test 104.50 should clearly passed down to continue the bullish testing 105.00/50 area.

[najmul.djd]

eur/jpy technical analysis by using : average directional movement index

adx : 15.6045
+di : 14.8022
-di : 15.7540
timeframe : 1 hour

time : 2000
date : 24.10.2012

[hodhod2000]

EUR/JPY faced some resistance ahead of mentioned 61.8% retracement of 111.43 to 94.11 at 104.81 and intraday bias is turned neutral first. Some consolidations would be seen and below 103.12 minor support will bring even deeper retreat. But after all, near term outlook will stay bullish as long as 100.14 support holds and we'd expect another rally ahead.

[Bieela_cute]

Elliott: flat correction down 103.14
It should try higher up to 103.68 - 103.91. Entry point 103.45 or 103.26. After this rise, a correction is expected.
Warning: Low Zone
Technical points
Key point 103.6600
Entry point 103.3800
Elliott 104.6000
Closing 103.5400
Projection 103.1400
Trendline 103.8300
Trendline 103.0600
Supports / Resistances
Res 2 104.2900
Ex-High 103.8300
Res 1 103.9100
Pivot 103.4500
Sup 1 103.0700
Ex-Low 102.9900
Sup 2 102.6100

[romannil]

Eur/jpy technical analysis for 25.10.2012 by using : Auto pivot indicator.

resistance 3:104.79
resistance 2:104.32
resistance 1:103.93

pivot point :103.46

support 1:103.08
support 2:102.60
support 3:102.22

[nurdiantofxwave]

EUR/JPY back to positif area after fell down in previous day when european market session. price move up strong and now trying to break daily ressistance 1 level (103.89). But signal stochastic in tf h4 and h1 shown at overbought area that indicates price will down but weak before continue rise.

[kakpay]

EURJPY had been rejected by the support level at 103.18 yesterday. Now, I think the rejection effect still occur. In my view EURJPY may goes up to the resistance level at 104.08 or higher today. But if EURJPY can break the yesterday's low, this pair will fall to the support level at 102.19.

[sonyole]

Simple Analysis EUR / JPY, Thursday, October 25, 2012
In time frame 1 H, AO and MACD are on buy area, but AO had changed red. WMA 50 and 100, still shows a trend down, CCI and MACD cross on the buy area. This indicates that the pair EUR / JPY is still going to continue the trend down, the first destination is the price of 103.44 (pivot), the second destination is the price of 103.06 (support 1). Good luck .....

[ispgamer]

The EURJPY on still look consolidation. Till now, we see the price movement still move slow near that 38.2 fib (103.23). just wait and see and ignore this pair, it's better choice, of course

[ashaab]

http://i49.tinypic.com/2l975ox.gif

The short term trend of the pair is to the upside. Intraday trading range of the pair is expected among key support at 102.60 and key resistance at 106.30. Based upon my chart analysis, I prefer to buying the pair above 103.70 with targets 104.10, 104.65 then 105.25 and stoploss with four hour candle closing below 102.85.

[turabawan8]

Daily Forex Fundamentals - October 25, 2012

What's on the Economic Horizon
U.S. durable goods orders data to rebound in Sept
U.K. out of the recession?
RBNZ kept rates on hold
U.S. Dollar (USD)
Well, that was a dud, wasn't it? The FOMC statement barely made waves across the dollar pairs yesterday as the Fed didn't make any changes to monetary policy. EUR/USD tested the 1.3000 area briefly before closing at 1.2961 while USD/JPY stayed stuck below the 80.00 handle. Read more...

Euro (EUR)
Still no love for the euro! With yesterday's disappointing economic reports giving traders plenty of reason to dump the euro, the shared currency found itself on the sell side of the equation once again. It lost 19 pips to the dollar, 16 pips to the yen, and 52 pips to the pound. Read more...

[winstead]

EURJPY has successfully test support at 103.13. A movement towards recent high at 104.59 is expected. Break resistance will pave the way for further gains towards 108.00.

[najmul.djd]

eur/jpy technical analysis by using : average directional movement index

adx : 39.0923
+di : 15.6427
-di : 23.5831
timeframe : 1 hour

time : 1900
date : 25.10.2012

[hodhod2000]

Consolidation from 104.58 is still in progress and another fall might be seen. But after all, near term outlook will stay bullish as long as 100.14 support holds and we'd expect another rally ahead. Above 104.58 should target 111.43 key resistance.

[raihan8212]

The Euro was lower against the Japanese Yen on Friday.

EUR/JPY was trading at 103.78, down 0.08% at time of writing.

The pair was likely to find support at 102.99, Wednesday�s low, and resistance at 104.59, Monday�s high.

[amni570]

Sold $EURJPY 104.2 SL 106.2

[romannil]

Eur/jpy technical analysis for 26.10.2012 by using Auto pivot indicator.

resistance 3:105.38
resistance 2:104.91
resistance 1:104.39

pivot point :103.92

support 1:103.40
support 2:102.93
support 3:102.41

[nurdiantofxwave]

EUR/JPY stabil in level around daily pivot (103.90). Price seen sideways before american market closed yesterday. Price will move in limited range in this day because there is sideways trend for medium and long term that occur.

[ahmed fakhry]

Prices are testing resistance at 104.50, the 50% Fibonacci expansion, with a break above that exposing the 105.54-64 area marked by a horizontal pivot level and the 61.8% level. Support lines up at 103.36, the 38.2% Fib. A reversal back below that targets 102.79 and a rising trend line set from late July (101.80).

[hodhod2000]

The trading range for today is among key support at 102.60 and key resistance now at 106.30.
The general trend over short term basis is to the upside targeting 109.15 as far as areas of 98.75 remain intact with weekly closing

[ispgamer]

The trend on still consolidation. Now, we can see that price still move slow on near that pivot line (at near price 103.75). and wait and see action is a better idea with this candle formation (because - no nice candle that look nice to be play till now).

[Andra FX]

Technically, look how prices held up, as the two groups of GMMA EMA, EMA-Short Term (red line) and the Long-Term-EMA (blue line) that move along with the trend of moving up. But it will still be refuted by showing the MACD signal that prices tend to be flat above zero (0) and Stochastics who actually gives a signal back down to have a prospect down to the area near 20. If the price of the correction, the range of support that will be recorded at 103.35 (38.2% Fibonacci retracement), 102.26 (23.6% Fibonacci retracement) and 100.51 (Fibonacci Retracement 0%). But if the opposite happens, then the resistance will be recorded in the range 104.22 (50% Fibonacci retracement), 105.10 (61.8% Fibonacci retracement) and 107.93 (100% Fibonacci retracement).

[turabawan8]

What to do with EUR/USD? � Commerzbank, UBS and Rabobank

The bloc currency is trading almost unchanged in the region of 1.2925/30 on Friday, depressed by softer-than-expected measures of confidence in Italy and France, and a fresh record high of the Spanish unemployment.

Karen Jones, Head of FICC Technical Analysis at Commerzbank, argues that the cross has resumed its downside towards the boundaries of 1.2900 and 1.2836 (MA200d), suggesting that a breach of it "would imply that the market had topped and signal losses to the 1.2738 then 1.2605, the 38.2% and 50% retracements". She adds that rallies would find the first hurdle at 1.3025/84, followed by 1.3140/80

[Alex]

Began to pick up short on eur / jpy, a pair of momentum just broke 103.15 support, now you can expect at least medium-term decline, the rate started to practice MASD divergence on the daily time frame.

[Bieela_cute]

Elliott: common flat correction up 104.60
While below 103.86 or 103.92 it could fall towards below 103.41 or 102.95. After which a corrective/consolidation activity is expected to 104.14 zone.
Warning: End of trend
Technical points
Key point 103.9300
Entry point 103.8200
Elliott 102.9900
Closing 103.8600
Projection 104.6000
Trendline 103.4600
Trendline 103.9400
Supports / Resistances
Res 2 104.8800
Ex-High 104.4300
Res 1 104.3700
Pivot 103.9200
Sup 1 103.4100
Ex-Low 103.4600
Sup 2 102.9500

[Robi]

Of any sales out of the question, the couple now strayed from the bottom of the channel (which is trading for several days), the purpose could easily be the upper limit of the channel, stop below 102.75 coup.

[Emma]

After the course the breakdown of support near 103.08 pair went south and found a seller, the Bulls again took up the course and brought him back above 103.08, we can assume that there was a false breakdown, targets are now the north, it is possible that the course will be back again to 104.30.

[ashaab]

http://i49.tinypic.com/2u6o9x0.gif

The short term trend of the pair is to the upside. Intraday trading range of the pair is expected among key support at 102.60 and key resistance at 106.30. Based upon my chart analysis, I prefer to buying the pair above 103.40 with targets 104.10, 104.65 then 105.25 and stoploss with four hour candle closing below 102.60.

[winstead]

This pair is still possible that the ongoing consolidation between 103.00 and 104.50 break out to new highs before a meaningful correction.

[classi]

First a pin bar then a bullish engulfing bar
Price is crossing a small but still important pivot
giving a buy order now.
continues its advance into higher levels.

---------- Post added at 11:38 AM ---------- Previous post was at 11:34 AM ----------

price action patterns on the daily crossing a small but still important pivot zone

[hodhod2000]

The trading range for today is among key support at 102.00 and key resistance now at 105.25.
The general trend over short term basis is to the upside targeting 109.15 as far as areas of 98.75 remain intact with weekly closing.

[sokcool]

on EUR / JPY try you use 30 min on the chart,,, and more reading fundamental analysis,,,

[najmul.djd]

eur/jpy technical analysis by using : average directional movement index

adx : 28.8281
+di : 11.5935
-di : 18.9824
timeframe : 1 hour

time : 1900
date : 26.10.2012

[Bieela_cute]

EURJPY next week

Elliott: correction zigzag 102.12
There are initial signs of a good corrective recovery towards 103.79 or even 104.15. Supports at 102.84 and 102.25 zone.
Warning: End of trend
Technical points
Key point 102.3200
Entry point 103.4600
Elliott 104.6000
Closing 102.9800
Projection 101.5400
Trendline 102.4200
Trendline 104.3400
Supports / Resistances
Res 2 105.3300
Ex-High 104.6000
Res 1 104.1500
Pivot 103.4200
Sup 1 102.2500
Ex-Low 102.6900
Sup 2 101.5200

[Vamos]

here are a couple good growth after reversal pattern formed like the head and shoulders, and the neck is the breakdown level of 103.10 so that if the price is not quickly come back you can count on a drop of about 150 points .:)))

[Bieela_cute]

Elliott: elongated flat correction down 102.27
Market should not go lower than 102.84 - 102.43. After this move down it should go up to 103.51 - 103.79 area.
Warning: End of trend
Technical points
Key point 102.7700
Entry point 103.3100
Elliott 104.4300
Closing 102.9800
Projection 102.1000
Trendline 104.0400
Trendline 103.6600
Supports / Resistances
Res 2 104.5900
Ex-High 104.0400
Res 1 103.7900
Pivot 103.2400
Sup 1 102.4300
Ex-Low 102.6900
Sup 2 101.8800

[tradergalau]

EURJPY had broken the support level at 103.18 on the last Friday. So, according to that breaking, I think EURJPY may continue falling today. In my view EURJPY may tries to touch or hits the next support level at around 102.19.http://i.imgur.com/1mo8L.gif

[romannil]

Eur/jpy technical analysis for 29.10.2012 by using : Auto pivot indicator.

resistance 3:105.26
resistance 2:104.67
resistance 1:103.86

pivot point :103.27

support 1:102.45
support 2:101.87
support 3:101.05

[raihan8212]

The euro softened against the yen on Monday, as growing uncertainty as to whether Greece will encounter difficulties securing its next shot of bailout money sparked demand for safe-haven currencies, the yen especially.

In Asian trading on Monday, EUR/JPY hit 102.95, down 0.09% and up from a low of 102.87 and off a high of 103.02.

The pair sought to test support at 102.70, Friday's low, and resistance at 103.93, Friday's high.

Greece has asked for a two-year extension to push through austerity measures in exchange for financial assistance.

The country will run out of money in mid-November, though members of the ruling coalition have balked at wage reforms, fueling fears Athens is digging its heels in amid negotiations with its troika of lenders, the International Monetary Fund, the European Central Bank and the European Commission.

Fears the European debt crisis will reheat in Greece sent the euro falling against the yen, a safe-haven currency.

Investors also avoided the euro to await German inflation data due out later Monday and unemployment numbers due out on Tuesday, opting instead to hide out in a wait-and-see mode.

The yen also demand as investors grew edgy over U.S. unemployment figures due out on Friday.

The Bureau of Labor Statistics will release its October jobs report on Friday, the last such report before November's U.S. presidential elections.

Japan is to release data on unemployment, household spending and industrial production, while the Bank of Japan will announce its latest decision with interest rates and monetary policy, which kept investors in the safety of the yen.

[forexking2]

Expected trading range between 102.50 and 104.60
General tendency for the price: UP.

[ashaab]

http://i49.tinypic.com/20j4e1e.gif

The short term trend of the pair is to the upside. Intraweek trading range of the pair is expected among key support at 100.75 and key resistance at 106.30. Based upon my chart analysis, I prefer to stay aside from the pair until we get a confirm setup for the upcoming big move.

[khoiri]

when I was quite happy to use the eur / jpy because I think this is more advantageous although not so fast but pergerakanya ketepatanya level or can be said to be more accurate ...

[kakpay]

EURJPY bearish
from friday till now open theres no sign for reverse. Trend going down and posible next target down to 102.10. Beside that, if support can hold down pressure, bullish can be started if price hit area 103.85.

[mdjoy50]

Main ye thread EUR/JPY ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon. good like forex forum

[nurdiantofxwave]

Price can not able to rise and now shown down and make lowerest level. this condition still affected by movement at previous week that trend in medium and long term move down. If price continue down, it may predicted fell down to weekly support 1 level (102.29).

[turabawan8]

Pivot point (level of invalidation): 103.35

Our preference: Short positions at 103.27 with targets at 102.55 and 102.25 in extension.

Alternative scenario: Above 103.35, we expect further upside with 103.8 and 104 targets.

Technical Comments: the RSI is bearish mixed.

[sonyole]

Simple Analysis EUR / JPY, October 26, 2012.
In the H1 time frame, there are indicators that the trend in the fall, the AO (<0.00), CCI and MACD cross each other in the area sell. While indicators WMA 100 and 50, also showed a trend still sell. Based on this, more sell transactions a recommendation, with a target profit at 101.89 (support 2). Good luck ...........

[hictor23]

EUR/JPY
BUY
Enter :- 102.9420
TP1 :- 103.528
TP2 :- 104.138
SL :- 101.709

Note this is just my attempt to predict the price could be right or wrong stop-loss order is very important must put always follow the trend

[new-FX]

http://img22.imageshack.us/img22/4800/imageef.gif

Price pair is still stable above the support level around 102.30 to remain bullish price
It is worth mentioning that the level of 102.30 is also the level of support, which has long tried to pair unshielded

Price stability above this level we expect to rise up to the level of 107.20 during the coming period.

Stochastic is bearish wave, which makes price dialogue with a new level of support from

[hodhod2000]

Consolidation from 104.58 short term top is still in progress and intraday bias remains mildly on the downside for deeper fall. But we'll stay near term bullish as long as 100.14 support holds and expect rise from 94.11 to resume later. Above 104.58 should target 111.43 key resistance.

[turabawan8]

The RBA transactions data shows a significant increase in foreign-currency holdings accumulation in August & September (AUD863 million vs average of around AUD100 million every two months). According to ANZ FX Strategist Andrew Salter, "this can be viewed as a covert and passive intervention in the Australian dollar of modest proportions, but nevertheless is a clear signal of a change in the RBA's view and intentions." The bank expects "the RBA to proceed slowly and as such see a long road to fully fledged overt and active intervention."

[Alex]

Couple I assumed continued falling, fighting off the resistance of 103.10, the course has significant potential move, the nearest strong level of support - is 102.00 figure, technically means south.

[winstead]

EURJPY is currently trading below 103.00 supply zone, during the past five days is bearish. If continue, bearish confirmation will occur. Prices can reach the level of supply at 102.00 this week.

[Emma]

A couple from the fall could not even stop the 102.77 support level, the rate has steadily strengthened below this level, the signal H1 alligator shows three lines signal continuing decline in the south.

[fahim017]

Rotation for Hammer H4 candle can shows.
The mechanism of action of the optimistic for prices on the daily chart. Top PIN bar and bar has an Rookie
The room was very small, but there are still more than the key to the important area of 115
The daily chart support down 113.4 jump. = Rejection of background in this area.

[forexking2]

The trading range for this week is among the key support at 100.75 and the key resistance at 106.30

The short term trend is to the upside target at 109.15 intact 98.75 weekly closing

[najmul.djd]

eur/jpy technical analysis by using : average directional movement index

adx : 31.9351
+di : 20.1391
di : 15.4412
timeframe : 1 hour

time : 2000
date : 29.10.2012

[hodhod2000]

The trading range for this week is among key support at 100.75 and key resistance now at 106.30.

The general trend over short term basis is to the upside target ing 109.15 as far as areas of 98.75 remain intact with weekly closing.

[tradergalau]

I think EURJPY is trying to reach the resistance level at 103.18 now. Then, if EURJPY can break that resistance level, it will open a way for EURJPY to go up and reach the next resistance level at around 104.08. But if EURJPY can break the yesterday's low, EURJPY has a potential to touch the support level at 102.19 or lower.

[nurdiantofxwave]

In chart tf m15, eur/jpy formed head n tail pattern yesterday and finally, price rise up strong and now have touch daily ressistance 1 level (103.23). But stochastic signal in tf m30, h1, h4 shown in overbought area that can inhibit the rate of price to move up.

[sonyole]

Simple Analysis EUR / JPY, October 30, 2012.
In the time frame H1, we see that the candle had touched the price of 103.23 (resistance 1) the right to WMA 100. In general, the pair will experience a bounce before heading to pivot (102.87). It is supported on a time frame M30, stochastic and RSI are overbought position. Recommendations transaction is sell EUR / JPY at 102.90 profit target. Good luck ...........

[romannil]

Eur/jpy technical analysis for 30.10.2012 by using : Auto pivot indicator.

resistance 3:103.92
resistance 2:103.55
resistance 1:103.26

pivot point :102.89

support 1:102.60
support 2:102.23
support 3:101.94

[new-FX]

http://img600.imageshack.us/img600/8499/imagej.gif

Pair trades fell this morning, touching the support level at 102.20 almost to come back away from the high level of support as clearly as

Price stability top 102.20 to expect strong positive price rise to the level of 103.70 and 104.50 during the penetration period near