Eur/Jpy

[Anytime]

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

[genius]

दैनिक मूल्य पर 55 औसत बढ़ करने के लिए 116.00 के समर्थन बूंद से pounced और मुझे लगता है कि कीमत लैंडिंग जारी रखने के लिए 115.25 का समर्थन करेंगे और अगर यह टूट हम 114.80-114.20 देखेंगे

[jango]

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). To the downside, support levels lie at 117.16 (May 20 high), 116.90 (May 11 high), and 116.37 (May 26 high).

[daaanieeel]

eur / jpy day down
what about tomorrow
see the market decided

[nilu]

this pair is going to form inverted hammer in H4 we may see more down after that candle formation.

[anubhavsingh]

eurjpy 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 suggesting for this much only

[Victoryindia]

I bought EUR/JPY for the medium term - at least several days unless I get contradictory signals.

Reasons:
Bullish price action patterns on the daily chart. First a pin bar then a bullish engulfing bar
Price is crossing a small but still important pivot zone, the 115.00 area
The support on the daily chart at 113.50 is the bounce place. Multiple bottoms in this area = strong rejection.

target at least 116.50 or more; stop loss at 113.50. Again, this is a medium term trade

[soumen]

today eur/jpy will moving up after 114.94. and it will go up to 115.35
i am giving a buy order now. current price114.94
you may take profit minimum 30 pips and stop loss also 40 pips.

[Victoryindia]

yesterday our pair closed at point 115.27

if this pair break 115.77 maybe we will see 116.17
and if break 115.12 then maybe we will see 114.73 and 114.43

[arjun]

http://i1123.photobucket.com/albums/l543/arjun1173/indian-forum/24-06-20115-16-38.png

white marbels already emerged.
I try just one position at 115.00, it looks like prices will fall at that point.

good luck...

[soumen]

today I am giving 2 pending order
buystop- 114.99 tp-20 to 30 pip sl-30pip
sell stop-114.54 tp-20 to 30 pip
tp will be increase and this is better to close manually
but i am determine that today eur/jpy will fall.

[Victoryindia]

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.

[soumen]

today I am giving 2 pending order
buystop- 114.99 tp-20 to 30 pip sl-30pip
sell stop-114.54 tp-20 to 30 pip
tp will be increase and this is better to close manually
but i am determine that today eur/jpy will fall.
My sell target is hited . in sell 77 pips profit. :yahoo: total 77 pips profit. my prediction for falling eur/jpy is correct. :peace: today not more. see next monday.

[arjun]

http://i1123.photobucket.com/albums/l543/arjun1173/indian-forum/25-06-201118-43-21.png

same as the other JPY pairs, no correction UP. we should open a direct position.

[mostafa abdelwahab]

Current Price :114.72
High:114.88
Low:113.80

Current Trend :upside
Price Move :Go to high market

[Victoryindia]

EURJPY is having difficulties with breaking the trendline. If it continues to rise touching the 50% Fib can provoke further rallying of the pair. (114,6)
Support is at 113,8, last low.
I advise to wait for a momentum.

[arjun]

Trend formed:
Current price @ 115.66. A good trend, because the newly formed trend up. and marbels was out of line and form a large angle. but it is too dangerous to open a position instantly.

Position For Order:
Position 1 ==> buy limit @ 115.10
Position 2 ==> buy limit @ 114.81

Money Management (MM):
Use multilevel lot. ...Lot Position 3 > lot position 2 > lot position 1.
Stop Loss and Target Propit up to you, but i like to cut loss and cut profits.

Note:
Always slide the buy / sell limit follow the movement of sma or ema.
And remember, always disciplined and follow the rules.

Image link:
http://i1123.photobucket.com/albums/l543/arjun1173/fouth%20week%20of%20june%202010/28-06-20116-41-10.png

[Victoryindia]

The pair has broke the downtrend channel. Now testing the trend line and finding a good support.

Possible support : 115.12
Possible support 2: 114.90

I'll wait for a few hours to draw a trend line.

[mostafa abdelwahab]

The trading rang for today is among the major support @ 115 and the key of resistance @ 116.30.
The general over short term basis is to the upside targeting 116.70 as far as area of 117.85 .

[arjun]

Evaluasion
Yesterday position untouched :woo:, therefore today we move the pending orders.

Position For Order:
buy limit 1 @115.94
buy limit 2 @ 115.67

Money Management (MM):
Use multilevel lot. ...Lot Position 3 > lot position 2 > lot position 1.
Stop Loss and Target Propit up to you, but i like to cut loss and cut profits.

Image link:

http://i1123.photobucket.com/albums/l543/arjun1173/fouth%20week%20of%20june%202010/29-06-20118-27-49-1.png

[mostafa abdelwahab]

The trading rang for today is among the major support @ 115.55 and the key of resistance @ 117.70.
The general over short term basis is to the upside targeting 117 as far as area of 117.70 .

[arjun]

Evaluasion
a buy position has been successfully profit, we just liquidation, + 68, and one pending orders we move following the movements sma5 h4.
tf green marbels d1 already emerged, but still below the ema62 d1. no problem we follow the trend up in tf h4. watch the 115.72 area,
because it is a strong area of ​​support.

Position For Order:
buy limit 1 @ 116.55
buy limit 2 @ 116.29

Money Management (MM):
Use multilevel lot. ...Lot Position 3 > lot position 2 > lot position 1.
Stop Loss and Target Propit up to you, but i like to cut loss and cut profits.

Image link:
http://i1123.photobucket.com/albums/l543/arjun1173/fouth%20week%20of%20june%202010/30-06-20118-32-41.png

[Victoryindia]

The price is still trading in its uptrend channel targeting 117.50.But if price able to break the bottom line of the channel, we may see down fall at 115.75 area.

Major trend FOR THIS PAIR IS UP
Minor trend FOR THIS PAIR IS Down

[mahmoodnoor]

http://im4.gulfup.com/2011-06-30/1309429425361.gif (http://www.gulfup.com/)

#WSS943!INDICATOR-4 prediction:
8 indicator prediction up
2 indicator prediction down

trend prediction --> up

Market Sentiment =
Short-Term = down
Medium-Term = down
Long-Term = down

[mostafa abdelwahab]

The trading rang for today is among the major support @ 116 ad the key of resistance @ 117.80 .
The general over short term basis is to the upside targeting 117.80 as far as area of 118.50 .

[arjun]

one position has been successfully profit, we cut loss, +85.
increasingly clear trend up, green marbles in tf d1 already crossed the line 0.
I moved the pending order and add one instant position.

instan buy order @ 117.18
buy limit 1 @ 116.65
buy limit 2 @ 116.34

http://i1123.photobucket.com/albums/l543/arjun1173/fouth%20week%20of%20june%202010/01-07-201111-54-08.png

[Victoryindia]

The pair is in strong uptrend line targeting 117.80.But a clear break of this blue uptrend line will trigger a strong bearish targeting 115.80 and 115.00

Major trend : upward
Minor trend : downward

[arjun]

a buy position successfully profit, +23.
and according to my analysis, the highest price to be addressed before turning toward
is a line of high monthly sma5, @ 118.40.

http://i1123.photobucket.com/albums/l543/arjun1173/fouth%20week%20of%20june%202010/02-07-201112-17-52.png

[arjun]

current position, a position floting loss, -4. two positions have not been executed pending orders.
price is currently undergoing a correction, and it seems like the trend up will not change.
because green marbles are still outside the lines.
position of pending orders are still valid.

http://i1123.photobucket.com/albums/l543/arjun1173/first%20week%20of%20july%202011/04-07-201115-52-29.png

[arjun]

a buy position successfully profit, we cut profit, 25.
we wait for the price touched our pending orders.
trend is still up, marbles already crossed the line 0 in tf marbels d1.

buy limit 1 @ 117.20
buy limit 2 @ 116.89

http://i1123.photobucket.com/albums/l543/arjun1173/first%20week%20of%20july%202011/05-07-20118-26-30.png

[arjun]

turns out the price can move very far.
I think this will be a temporary correction,
before the price will move up again.
I will add a new position with the lot bigger
to cover the loss the previous position.

instan buy order @ 116.30
buy limit @ 116.06

we see tomorrow, whether successful or not.

http://i1123.photobucket.com/albums/l543/arjun1173/first%20week%20of%20july%202011/06-07-201116-00-46.png

[arjun]

does not seem to us good defensively this position again.
I do liquidate. -26, 54, -110, -140.
and I waited some time to be able to predict the price again.
apologize if you are megikuti my analysis.

http://i1123.photobucket.com/albums/l543/arjun1173/first%20week%20of%20july%202011/07-07-201115-16-25.png

[arjun]

prices began to rise correction,
although it is still risky to open a sell position,
but this seems the price correction just before the price back down.
I try to open one position sell@116.70.

http://i1123.photobucket.com/albums/l543/arjun1173/first%20week%20of%20july%202011/08-07-20115-56-46.png

[arjun]

it really does not make it past the price of high sma5 line daily.
was seen from the curved shape candle.
henceforth we follow the trend down.

http://i1123.photobucket.com/albums/l543/arjun1173/first%20week%20of%20july%202011/09-07-20117-45-50.png

[anubhavsingh]

eurjpy pair ka trend abhi downward hi lag raha hai
I tghink ye abhi auyr neeche jayega aur fir 114 ke paas thoda consolidate karega..fir waha se isko buy kiya ja sakta hai

[anubhavsingh]

eurjpy pair ki 4 hours candles ke hisab se ye pair abhi uptrend me hai
ye abhi 111 ke paas hai..yah se isse buy kiya ja sakta hai jiska tp 113 ya 115 tak de sakte hai..
iska 1st resistence 113 hai aur 2nd resistence 115

[soumen]

i think aaj eur jpy upor jayega . isliye 112.07 me ek buy pending order de raha hoon. tp and sl 30 pips as usual. mere rsi and others indicator yahi show kar raha heki aaj ye pair upor jaye ga.

[soumen]

aaj agar 111.81 cross karti he to ye aur niche ja sakta he. isliye ek sell pending tp 30 pips or 111.50
or agar upor jaye to 112.36 pe buy order and tp 20 pips sl 30 pips.

[soumen]

aaj opening point thodda niche aake suru hua hei. today eur/jpy will go down . I am giving a order at 111.23 tp 111.00 and sl will 111.53.

[soumen]

aaj eur jpy ka ek pending sell order hoga at 111.57 tp 20 pips and sl 30 pips.
one more buy pending order at 112.09 tp hoga 30 pips or above and sl 30 pips.
aaj lag raha he ki ye pair upor jayega.

[Victoryindia]

जोड़ी और के रूप में हम चार्ट से देख सकते हैं अब 112.00 के स्तर से ऊपर कारोबार कर रहा है, इसलिए जब कभी जोड़ी 112.00 तोड़ने में सफलता, और है कि मतलब शांत प्रवृत्ति का आश्वासन दिया जाएगा जोड़ी 111.60 के लिए सिर सकता है और फिर 111.20, अच्छी किस्मत.

[soumen]

Kaal mere tp hit kar gaya. hope u got the profit.
aaj phir se upor jane ka sambhavna he. par already mere 1 st terget hit kar hay. isliye main ek dusre order de raha hoon. par jyada fyda nehi lunga. buy at 112.29 tp 5 to 10 pips. sl 30 pips.
after that ek reberse aane ka chance he.
sell pending at 111.82 tp 30 pips sl 30 pips.

[soumen]

eur jpy ka bhi aaj uptrend jane ka chance he. buy at113.12 tp 20 to 30 pips or 113.46 sl 30 pips.

[soumen]

sell eur jpy now at 112.71 tp and sl 30 pips.
aaj niche aneka chance jyada he. aur tp pe bhi hit karega,

[soumen]

eur jpy abhi niche ayega. maine first right entry point missed kar di he..
abhi ek sell at 113.00 tp and sl hoga30 pips ka.

[soumen]

well aaj upor kjen ka chance he mere indicator ke mutabik.
aaj buy pending at 113.19
tp 113.49
sl 30 pips

aur ek sell pending at 112.79
tp 112.59
sl 30 pips

[james]

hi eur/jpy hitting down ...i just hit 70 pips i had brought at 10 in the morning today

[soumen]

well aaj ye pair thoda upor ayega par phir uske baad niche jayega.
buy eur jpy at 111.75
tp 112.00
sl 30 pips

[ganguly]

The EUR/JPY extends this week�s losses given the re-emerging Eurozone debt jitters, dropping some 50 pips over the Asian session today following yesterday�s 100 pip slide. The pair appears to be running into modest support at 111.60 just ahead of the European session, yet remains vulnerable to further losses if the overall risk-off sentiment continues.

[ganguly]

Look for a fresh medium-term higher low to carve out around 110.00 ahead of the next major upside extension back towards and eventually through the recent highs by 123.35. Ultimately, only a sustained break below 110.00 concerns.

[ganguly]

Look for a fresh medium-term higher low to carve out around 110.00 ahead of the next major upside extension back towards and eventually through the recent highs by 123.35. Ultimately, only a sustained break below 110.00 concerns.

[ganguly]

Look for a fresh medium-term higher low to carve out around 110.00 ahead of the next major upside extension back towards and eventually through the recent highs by 123.35. Ultimately, only a sustained break below 110.00 concerns.

[ganguly]

The pair is moved down to test the support on 110.82
if this is breaked we can see the pair move down
if this support is not breaked we can see the pair move up to test the 1st resistance on 110.9

[ganguly]

The pair is moved down to test the support on 110.82
if this is breaked we can see the pair move down
if this support is not breaked we can see the pair move up to test the 1st resistance on 110.97

[ganguly]

current development suggests that rebound from 105.42 medium term was merely a correction and has completed at 123.31 already.

[ganguly]

We are keeping our mildly bullish count that the wave ii is still unfolding as ABC-X-ABC and 2nd A leg has ended at 123.33 with a: 115.56, b: 113.55 and c: 123.33 and 2nd B leg itself is a complex correction

[fravash]

in my opinion it will have medium term high around 125 around this week or next but any setback to below 110 will halt the process or even set the trend to bearish again, daily support will be on 111ish and the resistance 113ish

[gururaj]

Intraday trade:

If a M15 close above 109.70 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 109.29 sell only and do not buy. If price closes back above it again do nothing

The range 109.70 and 109.29 is neutral area, any trade done in between is personal decision and not part of this analysis

[niteshforex]

There is bearish potential for a fall to 108.85 while 109.93 - 110.29 resist. After this fall a recovery up to 110.29 or 110.66 is expected.

Supports / Resistances
Res 2 111.7300
Res 1 110.6600
Pivot 109.9300
Sup 1 108.8500
Sup 2 108.1300

[gururaj]

the pair and as we can see from the chart has closed it's daily candle under the level of 110.00 , so , that's mean the down trend is still standing and the pair is heading to 109.30 then 109.00

[niteshforex]

Any pullbacks towards 110.00 continue to be very well supported by the previous multi-day resistance area from May 2010 through February 2011. Look for a fresh medium-term higher low to carve out around 110.00 ahead of the next major upside extension back towards and eventually through the recent highs by 123.35. Ultimately, only a sustained break below 110.00 concerns.

[gururaj]

Intraday trade:

If a M15 close above 110.35 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 109.92 sell only and do not buy. If price closes back above it again do nothing

The range 110.35 and 109.92 is neutral area, any trade done in between is personal decision and not part of this analysis

[niteshforex]

Below 111.00 minor resistance will flip bias back to the downside for 108.07. Nevertheless, sustained trading above 117.74 should turn outlook bullish and target 123.31 and above.

[gururaj]

the pair as we can see on the chart has success in breaking the level of 112.00 and reached the level of 111.30 , that's mean the down trend is standing and the pair might head to 111.70 then 111.40

[niteshforex]

The EUR/JPY is giving up the majority of upside triggered by the confirmed Japanese intervention measures earlier today, as the common currency comes under attack following Trichet�s mostly bearish signals.

[gururaj]

Intraday trade:

If a M15 close above 111.86 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 111.23 sell only and do not buy. If price closes back above it again do nothing

The range 111.86 and 111.23 is neutral area, any trade done in between is personal decision and not part of this analysis

[niteshforex]

Resistances lie around 112.67 and 113.48. It should test lower towards 109.56 zone. A clear break of 109.07 would be bearish.

[gururaj]

the pair is trading under level 112.00 , that's mean the down trend is standing and the pair might reach 111.00 , but if the pair succeeded in breaking 112.00 , it will head to 112.40 and then 112.80 .

[niteshforex]

A buy position at 113.40 with a stop loss at 112.80 (-60 pips) and take profit target first at 114.00 (+60 pips) and then 114.40 (+100 pips).

[gururaj]

EUR/JPY formed a short term bottom at 108.70 last week and rebounded strongly on Japan intervention. Nevertheless, the break of 113.41 resistance was brief and the cross was indeed held by the falling 55 days EMA and weakened towards the end.

[niteshforex]

EUR/JPY's sharp fall from 114.17 and break of 111.00 minor support suggests that rebound form 108.70 has completed and intraday bias is flipped back to the downside for retesting 108.70 first. On the upside, above 114.17 will bring another rebound

[gururaj]

EUR/JPY is possibly regaining medium term down side momentum too. Break of 105.42 will target 61.8% projection of 139.21 to 105.42 from 123.31 at 102.42 first

[niteshforex]

The EUR/JPY notched a fresh 3-week high just underneath 117.50 within the last hour, after a better-than-expected US manufacturing report helped to put risk back on the table. The pair was unable to extend past that key resistance level however, and has since consolidated towards the prior high of 117.30.

[gururaj]

the pair and as we can see from the chart has closed it's daily candle under the level of 112.00 , so , that's mean the down trend is still standing and the pair is heading to 111.70 then 111.40

[niteshforex]

A short-selling position at 110.80 with a stop-loss at 111.20 (-40 pips) and take profit target first at 110.40 (+40 pips) and then 110.00 (+80 pips). (Note: Went down till 110.36)

[gururaj]

Strength seen early this morning failed to uphold with current setback from 112.51 high and exposing room for consolidation. Only a lower break below 110.33 support to help garner downside momentum towards lower end of broader consolidation at108.74. On the upside, strong resistance is seen at 114.16.

[niteshforex]

The EUR/JPY market had a very eventful day on Wednesday as the Greek parliament passed the austerity measures the world had been waiting on. The end result was a doji-shaped candle that looks like a market that doesn’t know where to go

[gururaj]

the pair is trading now above the level of 110.00 and that's mean the uptrend is still standing and the pair might continue in it's upmovements heading to 110.50 and then 11080

[niteshforex]

Look for a fresh medium-term higher low to carve out around 110.00 ahead of the next major upside extension back towards and eventually through the recent highs by 123.35. Ultimately, only a sustained break below 110.00 concerns.

[niteshforex]

Further ahead, Nicole Elliot, analysts for Mizuho Corporate Bank, signals the next support level at 109.50. In the unlikely case of a reversal, resistance is placed at 112.30, 112.69 and finally 113.60.

[niteshforex]

Any pullbacks below 110.00 continue to be very well supported by the previous multi-day resistance area from May 2010 through February 2011

[Victoryindia]

Euro retreat from day high at 111.25 has extended below t 5-month low at 108.70, reaching 108.50, weighed by concerns about a downgrade of France's debt rating, and the share suspension of Italian bank Intesa Sanpaolo.

[niteshforex]

With 112.34 minor resistance intact, further decline is still in favor in EUR/JPY for 108/70 support first. Break will confirm resumption of whole fall from 123.31 and should target 105.42/106.28 support zone first. On the upside,

[niteshforex]

If a M15 close above 109.37 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 108.47 sell only and do not buy. If price closes back above it again do nothing

The range 109.37 and 108.47 is neutral area, any trade done in between is personal decision and not part of this analysis

[anitagala124]

Look for a fresh medium-term higher low to carve out around 110.00 ahead of the next major upside extension back towards and eventually through the recent highs by 123.35. Ultimately, only a sustained break below 110.00 concerns.

[Victoryindia]

Japan may cut its growth forecast for the year ending March as the government will reduce the forecast to 0.5% from a previous 1.5% estimate.
BoJ is mulling additional easing measures to support the market according to the japan newspaper

[Victoryindia]

There are two attempts that failed to close below this in the 1H chart. Both attempts have resistance near 109.40. A break above 109.40 completes a double bottom . 109.50 resistance represents an intraday pivot and a break above that adds to evidence of a bullish swing to follow.

[anitagala124]

the pair and as we can see from the chart is trading now above the level of 108.00 , so when ever the pair success in breaking 108.00 , that's mean the down trend will be assured and the pair might head to 107.60 and then 107.20

[anchitkole]

Look for a fresh medium-term higher low to carve out around 110.00 (above 108.00) ahead of the next major upside extension back towards and eventually through the recent highs by 123.35. Ultimately, only a sustained break below 110.00 concerns.

[anitagala124]

the pair has succeeded in closing it's daily candle above level 109.00 , and that's mean the up trend is still standing and the pair might head to 109.50 and then 109.70

[anchitkole]

Look for a fresh medium-term higher low to carve out around 110.00 (above 108.00) ahead of the next major upside extension back towards and eventually through the recent highs by 123.35.

[Victoryindia]

The euro is losing further ground against its Japanese counterpart as investors favor the yen as a safe haven asset during times of global uncertainty and as fears of a spreading euro-zone debt crisis persist.

[anitagala124]

If a M15 close above 109.53 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 108.95 sell only and do not buy. If price closes back above it again do nothing

The range 109.53 and 108.95 is neutral area, any trade done in between is personal decision and not part of this analysis

[anchitkole]

Look for a fresh medium-term higher low to carve out around 110.00 (above 108.00) ahead of the next major upside extension back towards and eventually through the recent highs by 123.35. Ultimately, only a sustained break below 110.00 concerns.

[anitagala124]

the chart is showing that the pair has succeeded in closing it's daily candle above level 109.00 , and that's mean the up trend is still standing and the pair might head to 109.50and then 109.80

[anchitkole]

Any pullbacks below 110.00 continue to be very well supported by the previous multi-day resistance area from May 2010 through February 2011. Look for a fresh medium-term higher low to carve out around 110.00 (above 108.00) ahead of the next major upside extension back towards and eventually through the recent highs by 123.35. Ultimately, only a sustained break below 110.00 concerns.

[Victoryindia]

EUR/JPY opened the Asian trade at108.92 and, after very little pullback, began its campaign to target lower levels, breaking below 108.30 (Wednesday’s low) to kiss 108.23, a level not seen since the 17th day of March.

[anitagala124]

The EUR/JPY is falling in a channel from the July highs. Today it has rallied a little and encountered resistance at the upper channel line of the move down. It may fall from here and continue the trend down with the next target at the 108.00 lows

[anitagala124]

the pair and as we can see from the chart has closed it's weekly candle above the level of 109.00 , so , that's mean the up trend is still standing and the pair is heading to 109.60 then 110.00

[anchitkole]

Any pullbacks below 110.00 continue to be very well supported by the previous multi-day resistance area from May 2010 through February 2011

[anitagala124]

Look for a fresh medium-term higher low to carve out around 110.00 (above 108.00) ahead of the next major upside extension back towards and eventually through the recent highs by 123.35.

[anchitkole]

the pair and as we can see from the chart has closed it's weekly candle above the level of 109.00 , so , that's mean the up trend is still standing and the pair is heading to 109.60 then 110.00

[rakesh]

EUR/JPY dipped to 108.01 last week before forming a temporary low there and recovered. The development affirmed the case that recent fall from 123.31 is still in progress

[anitagala124]

current development suggests that rebound from 105.42 medium term bottom was merely a correction and has completed at 123.31 already.

[anitagala124]

Intraday trade:

If a M15 close above 109.52 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 109.25 sell only and do not buy. If price closes back above it again do nothing

The range 109.52 and 109.25 is neutral area, any trade done in between is personal decision and not part of this analysis

[anchitkole]

the pair has stated it's trading week above the level of 110.00 and that's mean that the up trend is expected this week and the pair might head to 109.40 and then 108.80

[Victoryindia]

The EURJPY was indecisive on Friday, made a Doji on daily chart. My overall technical bias remains to the downside as long as price stays below the trend line resistance but the movement back above 109.45 earlier today in Asian session stops the strong intraday bearish bias for now

[anitagala124]

the pair is trading under the level of 110.00 , any way if the pair succeeded in breaking 110.00 , it will continue in it's up movements heading to 110.40 and then 110.80

[anchitkole]

Any pullbacks below 110.00 continue to be very well supported by the previous multi-day resistance area from May 2010 through February 2011. Look for a fresh medium-term higher low to carve out around 110.00 (above 108.00) ahead of the next major upside extension back towards and eventually through the recent highs by 123.35. Ultimately, only a sustained break below 110.00 concerns.

[rakesh]

On the upside, above 111.23 will bring stronger rebound. But after all, we'd stay bearish as long as 114.17 resistance holds and expect more downside ahead.

[anitagala124]

The euro-yen pair has risen above the intraday channel and broken out higher. It has also risen within a larger channel on the daily chart, targeting the upper channel line in the 112s

[anchitkole]

Look for a fresh medium-term higher low to carve out around 110.00 (above 108.00) ahead of the next major upside extension back towards and eventually through the recent highs by 123.35. Ultimately, only a sustained break below 110.00 concerns.

[anchitkole]

the pair and as we can see from the chart has closed it's daily candle under the level of 111.00 , so , that's mean the down trend is still standing and the pair is heading to 110.50 then 110.00 but the uptrend is still standing

[rakesh]

the down-trend could resume at any time. If so it could revisit the 108 lows again. A move higher, however, could find resistance from the R1 pivot at 112.62.

[Victoryindia]

The EURJPY had a bullish momentum yesterday, topped at 111.02 and closed at 110.89. The bias is bullish in nearest term especially if price able to make another break above 111.25 testing the trend line resistance and 112.90 – 113.40 region

[Victoryindia]

A sustained break over 114.18 is required to suggest an end to the downphase that was initiated from 117.74. With this in mind we look to see if a push back over the 50 week moving average, (currently at 113.56), can be achieved. Failure to do so will warn of a fresh bout of weakness.

[anchitkole]

the chart is showing that the pair is trading under level 111.00 , that's mean the down trend is standing and the pair might reach 110.00 , but if the pair succeeded in breaking 111.00 , it will head to 111.30 and then 111.70

[rakesh]

Buy [Start] -> 110.67
Buy [End] -> 110.87
Stop Loss -> 110.27
Max Take Profit -> 111.59
Resistance 1 -> 111.45
Resistance 2 -> 111.96
Resistance 3 -> 112.94

[anchitkole]

the pair and as we can see from the chart has closed it's daily candle under the level of 111.00 and beside 110.50 , so , that's mean the down trend is still standing and the pair is heading to 110.30 then 110.00

[rakesh]

While below 110.85 - 111.10 it is more likely to fall further towards 110.15 or 109.65.

Supports / Resistances
Res 2 111.5500
Res 1 111.1000
Pivot 110.6000
Sup 1 110.1500
Sup 2 109.6500

[Victoryindia]

The pair has recently corrected sharply from the support at 107.00 (point E, which also coincides with the lower support trendline of this Down Channel) and is expected to continue correction toward the upper resistance trendline of this chart pattern.

[rakesh]

Intraday trade:

If a M15 close above 110.72 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 110.37 sell only and do not buy. If price closes back above it again do nothing

The range 110.72 and 110.37 is neutral area, any trade done in between is personal decision and not part of this analysis

[sagar]

Any pullbacks below 110.00 continue to be very well supported by the previous multi-day resistance area from May 2010 through February 2011. Look for a fresh medium-term higher low by 108.00 ahead of the next major upside extension back towards and eventually through the recent highs by 123.35. Ultimately, only a break back below 108.00 concerns.

[rakesh]

lack of movement from this pair make now clear signal on the main trend for this pair........most of time this pair will remain sideway this week......maybe another break to the low is possible

[sagar]

there is a possibility of a short term pull-back to support at perhaps 110.25 before the next thrust higher. If it reaches the upper line in the 113s it will encounter a formidable ensemble of resistance including moving averages and other support and resistance levels

[Victoryindia]

If the market fails to push above 110.05, and falls below 109.50, we can be looking for a slide towards the lows near 108.30. Then a break below this opens up the 2010 and 2011 lows, 106.29 and 105.42 respectively

[rakesh]

the pair and as we can see from the chart is trading now above the level of 110.00 , so when ever the pair success in breaking 110.00 , that's mean the down trend will be assured and the pair might head to 109.70 and then 109.30

[sagar]

URJPY was had some volatile trading yesterday but managed to close below open. Long term bias is bearish as long as price stays below 113.45 and bear trend line, and medium term is also bearish as long as H4 price stays below 110.62

[rakesh]

the chart is showing that the pair has closed it's daily daily under the level of 110.00 , and that's mean that the down trend is still standing and the pair might reach 109.50 and then 109.20

[sagar]

If a M15 close above 110.61 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 110.37 sell only and do not buy. If price closes back above it again do nothing

The range 110.61 and 110.37 is neutral area, any trade done in between is personal decision and not part of this analysis

[Victoryindia]

EUR/JPY is back at session lows near 109.40. I’m still hanging onto a small long GBP/JPY trade from earlier but I also have little desire to run much risk and I’ll get out as well if it breaks below 125.90.

[rakesh]

A swing projection targets a resistance zone starting with he 61.8% retracement level at 111.80 to a pivot at 112.30.

IF the market breaks above 112.50, then we can talk about a bullish reversal in the medium-term

[sagar]

the pair and as we can see from the chart is trading now above the level of 110.00 , so when ever the pair success in breaking 110.00 , that's mean the down trend will be assured and the pair might head to 109.70 and then 109.40

[rakesh]

we can see that the pair has closed it's daily candle above 110.00 . so , that's means that up trend is expected and the pair might head to 110.50 and then 110.80 ,but also the hourly correction is expected before continue in the up trend

[Victoryindia]

EUR/JPY engaged in choppy sideway trading above 108.01 short term bottom last week. Late recovery argues that the larger decline from 123.31 is not ready to resume yet and initial bias is neutral this week.

[sagar]

Current development raised the possibility that the 105.42 is not yet the bottom. In case of another fall, we'll continue to look for reversal signal ahead of 88.96 low.

[siddesh]

Any pullbacks below 110.00 continue to be very well supported by the previous multi-day resistance area from May 2010 through February 2011. Look for a fresh medium-term higher low by 108.00 ahead of the next major upside extension back towards and eventually through the recent highs by 123.35. Ultimately, only a break back below 108.00 concerns.

[sagar]

the chart is showing that the pair has succeeded in closing it's Weekly candle above level 110.00 , and that's mean the up trend is still standing and the pair might head to 111.00 and then 112.00

[siddesh]

lack of movement from this pair make now clear signal on the main trend for this pair........most of time this pair will remain sideway this week......maybe another break to the low is possible

[sagar]

Below 109.01 will bring another fall attempt. Break of 108.01 will confirm decline resumption for 105.42/106.28 support zone.

[siddesh]

EUR/JPY is possibly regaining medium term downside momentum too. Break of 105.42 will target 61.8% projection of 139.21 to 105.42 from 123.31 at 102.42 first

[sagar]

the pair and as we can from the chart has stated it's trading week above the level of 110.00 and that's mean that the up trend is expected and the pair might head to 111.00 and then 112.00 how even if the pair make any howrly correction

[siddesh]

If a M15 close above 112.00 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 110.50 sell only and do not buy. If price closes back above it again do nothing

The range 112.00 and 110.50 is neutral area, any trade done in between is personal decision and not part of this analysis

[sagar]

medium-term higher low by 108.00 ahead of the next major upside extension back towards and eventually through the recent highs by 123.35. Ultimately, only a break back below 108.00 concerns.

[siddesh]

Due to the fear of intervention EUR/JPY only fall back slightly from this level. We recommend buying EUR/JPY in the range 108.80-109.10.

[jai]

the pair and as we can see from the chart is trading under level 111.00 , so , that's mean the down trend is still standing and the pair might head to 110.00 and then 109.70 how ever the pair made any hourly correction

[fadabjar]

EUR/JPY
short term
Buy :110.24
SL : 109.94
TP : 110.64

Prediction is only as 3th opinion. Control your money with good management. Do not be greedy for the pursuit of profit. Good profit is always

EUR / JPY intraday: the upward movement will prevail.
Fulcrum (devaluation level): 110.25
We prefer: buy positions at 110.22 with 110.45 and 111 on price targets.
Alternative scenario: below 110.14, we expect further downward movements with 109.6 & 108.5 as price targets.
Technical Analysis Comment: the RSI is supported by an increasing trend line.

[sagar]

the pair and as we can see from the chart has closed it's daily candle above the level of 110.00 , so , that's mean the up trend is still standing and the pair is heading to 110.70 then 111.00

[siddesh]

If a M15 close above 111.50 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 109.50 sell only and do not buy. If price closes back above it again do nothing

The range 111.50 and 109.50 is neutral area, any trade done in between is personal decision and not part of this analysis

[Victoryindia]

The EURJPY was volatile but indecisive yesterday, made a Doji on daily chart. The bias is neutral in nearest term and there are no changes in my technical outlook. Key intraday resistance remains around 111.04.

[sagar]

the pair and as we can see from the chart is trading now above the level of 110.00 , so when ever the pair success in breaking 110.00 , that's mean the down trend will be assured and the pair might head to 109.60 and then 109.30

[siddesh]

Aggressive intraday traders may take the advantage of the current sideways mode with long around 109.45 or short around 111.04 with tight stop loss

[siddesh]

we can notice from the chart that the pair has closed it's daily candle under 111.00 , that's mean the down trend is expected and the pair might head to 110.40 then 110.00 , however the pair made a hourly correction

[Victoryindia]

On daily chart below we can see price has been moving sideways between 111.04 – 109.45 and need a daily close above 111.04 or below 109.45 to see clearer direction

[siddesh]

If it would test that level again then we have to watch the bar closes around that level. Personally I still see that there is a back to 110.00 before going anyway

[siddesh]

we can notice from the chart that the pair has closed it's daily candle under 111.00 , that's mean the down trend is expected and the pair might head to 110.50 then 110.00 , however the pair made a hourly correction

[Victoryindia]

Below 110.02 minor support should flip intraday bias back to the downside for retesting 108.01. Break of 108.01 will confirm decline resumption for 105.42/106.28 support zone.

[jai]

Aggressive intraday traders may take the advantage of the current sideways mode with long around 109.45 or short around 111.04 with tight stop loss

[jai]

If a M15 close above 111.80 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 111.00 sell only and do not buy. If price closes back above it again do nothing

The range 111.80 and 111.00 is neutral area, any trade done in between is personal decision and not part of this analysis

[Victoryindia]

The Euro remains firm in range, capped below the 111.64 resistance, with support at 110.85 and 110.59consolidating ahead of further upside extension

[jai]

as it shown the pair trading in between an up channel and the pair could close a bearish candle under ema50 line. any close under the down line of the up channel might be a sign for reversal

[jai]

the EURJPY dropped to 10900 and the next leg is probably underway towards the 100% extension at 11200. Exceeding that level would target the short term channel line

[jai]

It is more likely to go down to around 108.00 or lower, and after that, it might have potentially to go up to around 112.00

[jai]

If a M15 close above 111.80 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 111.00 sell only and do not buy. If price closes back above it again do nothing

The range 111.80 and 111.00 is neutral area, any trade done in between is personal decision and not part of this analysis

[jai]

the pair has stated it's trading week above the level of 110.50 and that's mean that the up trend is expected this week and the pair might head to 111.00 and then 111.40

[jai]

the chart is showing that the pair has closed it's daily candle under the level of 112.00 , and that's mean that the down trend is still standing and the pair might reach 111.40 and then 111.00

[ganguly]

If a M15 close above 112 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 111 sell only and do not buy. If price closes back above it again do nothing

The range 112 and 111.00 is neutral area, any trade done in between is personal decision and not part of this analysis

[sanjeev]

A clear break below that area could lead price to a neutral zone in nearest term testing 111.00 – 110.50. A clear break back below 110.50 would keep the bearish scenario remains strong retesting 109.45.

[jai]

The pair touched the resistance of the descending channel at 111.40 and reversed slightly, where tranquility dominates the markets. Therefore, our morning scenario is activated and supported by negativity on stochastic.

[ganguly]

the pair as it is clear on the 4 hr chart trading up trend and over ema50 line so far. although so bearish siign appear but need confirming with close candle under the up trend shown then might see a test for the support level at 110.68

[sanjeev]

The trading range for the week may be among the major support at 107.55 and the major resistance at 113.65.

The short term trend is to the downside targeting 100.00 as long as 123.30 remain intact.

[jai]

the chart is showing that the pair has closed it's daily candle under the level of 111.00 , and that's mean that the down trend is still standing and the pair might reach 110.00 and then 109.70

[ganguly]

Price structure growing heavy. Current attempts to stabilise must reclaim 111.02/111.43 area to relieve pressure and refocus on 111.93. Below 110.09/03 opens the way for an initial test of the 19 Aug low at 109.03.

[sanjeev]

If a M15 close above 111.80 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 111.00 sell only and do not buy. If price closes back above it again do nothing

The range 111.80 and 111.00 is neutral area, any trade done in between is personal decision and not part of this analysis

[ganguly]

the pair is on the downside and is challenging its support, the RSI is badly directed


Short positions below 111 with targets @ 110.4 & 110.1 in extension.
@
Above 111 look for further upside with 111.25 & 111.5 as targets.

[sanjeev]

A larger rally – above 11352 – cannot be ruled out as the low in July was right at the bottom of a well defined channel.

[chirayu]

the chart is showing that the pair has succeeded in closing it's daily candle above level 110.00 , and that's mean the up trend is still standing and the pair might head to 110.50 and then 110.80

[sunil]

this pair now may be test 108 again but as we was see 3 down candle so may be we will see strong action if day start down it will go up in London market
good buy from 108

[chirayu]

If a M15 close above 110 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 109.20 sell only and do not buy. If price closes back above it again do nothing

The range 110 and 109.20 is neutral area, any trade done in between is personal decision and not part of this analysis

[Victoryindia]

a daily close below support at 109.03 is needed to confirm this view and bring a retest of said support at 108.01

[sunil]

break of said support at 108.01 is needed to signal recent decline is still in progress as 2nd c leg of wave B for weakness to 107.50 but reckon support at 106.50 (this year’s low) should hold.

[chirayu]

the chart is showing that the pair has closed it's daily candle under the level of 110.00 , and that's mean that the down trend is still standing and the pair might reach 109.00 and then 108.70

[sunil]

Intraday bias in EUR/JPY remains mildly on the downside for 108.01 support. Break there will confirm resumption of the whole fall from 123.31 and should target 105.42/106.28 support zone

[chirayu]

Given the 3 wave structure from the low, I am leaning towards the bear side. Short term resistance comes in at 110.90

[sunil]

EUR/JPY's break of 111.63 minor resistance confirms that choppy recovery from 108.01 has resumed. Intraday bias is back on the upside towards 114.17 resistance.

[chirayu]

Look for a fresh medium-term higher low by 108.00 ahead of the next major upside extension back towards and eventually through the recent highs by 123.35. Ultimately, only a break back below 108.00 concerns.

[chirayu]

Bears now looking to completely retrace the 11-29 Aug rise, risking back to 108.01. Below here opens the way for a re-test of the 10 Jan low at 106.83 in due course. Res is at 109.87/110.06. Above 110.44 stabilises.

[sunil]

The spot rate is currently testing the lower limit of its medium term bearish channel in 109.50 suggesting a rebound. However a break of these levels would initiate a bearish trend more violent.

[chirayu]

The euro is losing further ground against its Japanese counterpart as investors favor the yen as a safe haven asset during times of global uncertainty and as fears of a spreading euro-zone debt crisis persist.

[sunil]

Look for a fresh medium-term higher low to carve out around 110.00 (above 108.00) ahead of the next major upside extension back towards and eventually through the recent highs by 123.35. Ultimately, only a sustained break below 110.00 concerns.

[chirayu]

The EURJPY is well on its way to retracing the entire 3 wave rally from 10804. I favor selling rallies into resistance at 10990 with stops above 11100. A drop below 10804 would shift focus to the March low at 10645 and the 2010 low at 10541.

[sunil]

If a M15 close above 111.80 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 111.00 sell only and do not buy. If price closes back above it again do nothing

The range 111.80 and 111.00 is neutral area, any trade done in between is personal decision and not part of this analysis

[chirayu]

Price closed on the H4 chart below a very strong support at 109.00. That's a round number too, acted as support in the past and now price is below it.
A bearish acceleration is very possible today so keep your short positions open as long as price remains below 109.00.

[sunil]

If a M15 close above 110 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 109 sell only and do not buy. If price closes back above it again do nothing

The range 110 and 109 is neutral area, any trade done in between is personal decision and not part of this analysis

[chirayu]

The spot rate is currently testing the intermediate support of its medium term bearish channel in 107.80 suggesting a rebound. However a break of these levels would entail a return to the lower limit of its channel to 106.40.

[sunil]

If a M15 close above 109 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 108 sell only and do not buy. If price closes back above it again do nothing

The range 109and 108 is neutral area, any trade done in between is personal decision and not part of this analysis

[imbest]

On the 4H chart the next support is at 104.77 while the candle will see a resistance at level 105.91. The short term trend for this pair is downward.

In my opinion, sell the pair below 105.34 and set the take profit at 104.77 while the stop loss should be set at 105.91.

[chirayu]

105.40 is a support level from august 2010 and price actually bounced off it. Unless price opens with a bearish gap below this level, it only costs 70 pips at this point to open long with a SL below 105.40 and try to catch the falling knife

[sunil]

If a M15 close above 106.80 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 105.00 sell only and do not buy. If price closes back above it again do nothing

The range 106.80 and 105.00 is neutral area, any trade done in between is personal decision and not part of this analysis

[chirayu]

EUR / JPY reached levels of 104,762. In a break below these levels will enter the sales area, and in breach of resistance at 105,752, the couple will enter the shopping area. Technical indicators give mixed signals

[chetan]

मूल्य 109.00 पर एक बहुत मजबूत समर्थन से नीचे h4 चार्ट पर बंद हुआ. यह एक दौर भी नंबर, अतीत और अब कीमत में समर्थन के रूप में काम किया यह नीचे है.
एक मंदी त्वरण बहुत संभव है आज तो अपनी शॉर्ट पोजीशन लंबे समय के रूप में रखने के रूप में कीमत 109.00 नीचे रहता खुला.

[mohalia]

analyse eur/jpy 1h shart
i think this pair will turn to yhe up trend end he must coretc to 106.5 so wait to the indicator to confirm the signal end we will take order

[sachin]

the pair and as we can see from the chart has closed it's daily candle above the level of 105.00 , so , that's mean the up trend is still standing and the pair is heading to 105.50 then 105.80

[dentist]

EUR/JPY continues to move on 105 after have reached the fibonacci retracement 23.60% as resistance at 105.80.
Indicators are globaly bearish.
We maintain to trade only short positions as far as 106 is resistance.
The breakout of 104 will give a new sell signal and open the way towards 103.
In case of return above 106, we will wait the breakout of 108 to advise long positions.

[sachin]

the pair and as we can see from the chart has closed it's daily candle above the level of 105.00, so , that's mean the up trend is still standing and the pair is heading to 105.70 then 106.00

[chetan]

JPY EUR में Intraday पूर्वाग्रह 108.01 समर्थन के लिए नकारात्मक पक्ष पर हल्का रहता है. तोड़ 123.31 से पूरे गिरावट की बहाली की पुष्टि और 105.42/106.28 समर्थन क्षेत्र लक्ष्य होना चाहिए

[sachin]

as we can see from the chart , the pair has succeeded in breaking 106.00 and reached 107.00 , so that's mean the up trend is still standing and the pair might head to 107.50 and the 108.00

[sachin]

the pair and as we can see from the chart has closed it's daily candle above the level of 106.00 , so , that's mean the up trend is still standing and the pair is heading to 106.75 then 107.00

[chetan]

EURJPY 10804 से पूरे तीन लहर रैली retracing के लिए अपने रास्ते पर अच्छी तरह से है. मैं 11100 से ऊपर बंद हो जाता है के साथ 10990 पर प्रतिरोध में रैलियों बेच एहसान. 10,804 के नीचे एक बूंद ध्यान 10,645 पर मार्च कम और पाली १०,५४१ पर कम 2010.

[sachin]

the chart is showing that the pair has closed it's daily candle under the level of 106.00 , and that's mean that the down trend is still standing and the pair might reach 105.70 and then 105.40

[chetan]

दैनिक मूल्य पर 55 औसत बढ़ करने के लिए 106.00 के समर्थन बूंद से pounced और मुझे लगता है कि कीमत लैंडिंग जारी रखने के लिए 105.25 का समर्थन करेंगे और अगर यह टूट हम 104.80-104.20 देखेंगे

[sachin]

last week our pair closed at point 105.96
weekly high point at 106.98
weekly low point at 103.89
if break this point 106.30 maybe we will see 107 and maybe more.
otherwise we will see this point 104.40 and maybe 103.90

[chetan]

JPY EUR में Intraday पूर्वाग्रह 108.01 समर्थन के लिए नकारात्मक पक्ष पर हल्का रहता है. तोड़ 123.31 से पूरे गिरावट की बहाली की पुष्टि और 105.42/106.28 समर्थन क्षेत्र लक्ष्य होना चाहिए

[sachin]

EUR/JPY formed a temporary bottom at 103.88 last week and recovered. Such recovery might continue with 105.08 minor support intact

[chetan]

एक खरीद सफलतापूर्वक लाभ की स्थिति है, हम लाभ में कटौती, 25.
हम प्रतीक्षा के लिए मूल्य हमारे लंबित आदेशों को छुआ.
प्रवृत्ति अभी भी ऊपर है, पत्थर tf marbels d1 में पहले से ही लाइन 0 को पार कर गया.

[sachin]

as we can see weekly chart is down trend and the pair closed the last week candle bullish hammer candle which is a sign for reversal and i think the price will test the nearedst resistant level at 106.80 before it would be able to continue rising

[chetan]

कीमत बहुत दूर ले जा सकते हैं बाहर मुड़ता है.
मुझे लगता है कि यह एक अस्थायी सुधार किया जाएगा,
पहले कीमत फिर से कदम होगा.
मैं बहुत बड़ा के साथ एक नई स्थिति जोड़ना होगा
हानि पिछले स्थिति को कवर करने के लिए.

[sachin]

I expect downtrend movement toward the next support at 103.84. The quote is below all the three MA's, the other technical indicators do not send clear signals.

[akshayfuriya]

If a M15 close above 107 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 105 sell only and do not buy. If price closes back above it again do nothing

The range 107 and 105 is neutral area, any trade done in between is personal decision and not part of this analysis

[sachin]

Price closed on the H4 chart below a very strong support at 105.00. That's a round number too, acted as support in the past and now price is below it.
A bearish acceleration is very possible today so keep your short positions open as long as price remains below 104.00.

[sachin]

the pair and as we can see from the chart has closed it's daily candle under the level of 105.00 , so , that's mean the down trend is still standing and the pair is heading to 104.00 then 103.70

[akshayfuriya]

If a M15 close above 105 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 103 sell only and do not buy. If price closes back above it again do nothing

The range 105 and 103 is neutral area, any trade done in between is personal decision and not part of this analysis

[akshayfuriya]

EUR/JPY formed a temporary bottom at 103.88 last week and recovered. Such recovery might continue with 105.08 minor support intact

[akshayfuriya]

we can notice from the chart that the pair has closed it's daily candle under 105.00 , that's mean the down trend is expected and the pair might head to 104.30 then 104.00 , however the pair made a hourly correction

[rajesh]

If a M15 close above 104 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 103 sell only and do not buy. If price closes back above it again do nothing

The range 104 and 103 is neutral area, any trade done in between is personal decision and not part of this analysis

[akshayfuriya]

EURJPY had somewhat volatile trading yesterday and closed in a doji daily. The long term bias is strongly bearish, and intra-day bias seems slightly bearish but I will need to see a 2 hours close below 104.50 to start loading short for the day.

[rajesh]

If a M15 close above 105.50 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 103.50 sell only and do not buy. If price closes back above it again do nothing

The range 105.50 and 103.50 is neutral area, any trade done in between is personal decision and not part of this analysis

[akshayfuriya]

the pair and as we can see from the chart has closed it's daily candle under the level of 104.00 , so , that's mean the down trend is still standing and the pair is heading to 103.70 then 103.40

[rajesh]

If a M15 close above 104 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 103 sell only and do not buy. If price closes back above it again do nothing

The range 104 and 103 is neutral area, any trade done in between is personal decision and not part of this analysis

[akshayfuriya]

In the short-term, further weakness may follow, but over coming sessions we will see if the current break under 103.90 can be maintained.

[ketan]

we can notice from the chart that the pair has closed it's daily candle under 103.00 , that's mean the down trend is expected and the pair might head to 102.50 then 102.20 , however the pair made a hourly correction

[rajesh]

If a M15 close above 103 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 102 sell only and do not buy. If price closes back above it again do nothing

The range 103 and 102 is neutral area, any trade done in between is personal decision and not part of this analysis

[ketan]

yes, this pair broke all the supports, but i don't think it's good to sell this pair
i warn you guys, japan bank will sell yen with very big amount
and it will make this pair rise more than 600 pips

[rajesh]

loss of near term momentum should prevent sharp fall below psychological support at 100.00 and risk from there has increased for a correction later.

[ketan]

the chart and as we can see on it is showing the pair has succeeded in closing it's daily candle above level 103.00 , and that's mean the up trend is still standing and the pair might head to 103.50 and then 103.70

[rajesh]

EUR/JPY formed a temporary bottom at 103.88 last week and recovered. Such recovery might continue with 105.08 minor support intact

[ketan]

EUR/JPY dropped to as low as 102.20 last week and met mentioned medium term projection of 61.8% projection of 139.21 to 105.42 from 123.31 at 102.42

[rajesh]

Current development raised the possibility that the 105.42 is not yet the bottom. In case of another fall, we'll continue to look for reversal signal ahead of 88.96 low.

[ketan]

The latest acceleration of declines has opened the door for a fresh bout of weakness to multi-year lows below 105.00

[rajesh]

EUR/JPY engaged in choppy sideway trading above 108.01 short term bottom last week. Late recovery argues that the larger decline from 123.31 is not ready to resume yet and initial bias is neutral this week.

[vikas]

test this major psychological barrier before any consideration for a corrective bounce. Ultimately, a break back above 107.00 will now be required to officially alleviate short-term downside pressures.

[rajesh]

“Given the 3 wave structure from the low, I am leaning towards the bear side. Short term resistance comes in at 100.10

[vikas]

It seems that the pair has stated it's trading week under the level of 104.00 and that's mean that the down trend is still standing and the pair might head to 103.30 and then 103.00 but also the pair will make some correction before continue down

[aniket]

I bought EUR/JPY for the medium term - at least several days unless I get contradictory signals.

Reasons:
Bullish price action patterns on the daily chart. First a pin bar then a bullish engulfing bar
Price is crossing a small but still important pivot zone, the 115.00 area
The support on the daily chart at 113.50 is the bounce place. Multiple bottoms in this area = strong rejection.

[vikas]

because of the moving under the level of 103.00 as we can see from the chart , I think the down trend is still standing and the pair might head to 102.65 and then 102.35 how ever the pair made any hourly correction

[aniket]

a buy position has been successfully profit, we just liquidation, + 68, and one pending orders we move following the movements sma5 h4.

[vikas]

the chart and as we can see on it is showing the pair has succeeded in closing it's daily candle above level 103.00 , and that's mean the up trend is still standing and the pair might head to 103.60 and then 103.90

[aniket]

If a M15 close above 103 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 102 sell only and do not buy. If price closes back above it again do nothing

The range 103 and 102 is neutral area, any trade done in between is personal decision and not part of this analysis

[vikas]

as what i can see in the hourly this pair is bulish end all in dicator confirm this up trend end in 4h the pair have close abouve the 103.75 o it confirm that will continue in up

[aniket]

as we can see weekly chart is down trend and the pair closed the last week candle bullish hammer candle which is a sign for reversal and i think the price will test the nearedst resistant level at 106.80 before it would be able to continue rising