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.
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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.
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.
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
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
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.
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.
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.
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 ...........
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
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