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The eur / jpy retest support around 103.30 and the pair settles but without access to the resistance level at 104.60.
Positive than expected in the near and medium steady level of 103.30, which may help to penetrate 104.60 then 105.50 then 108.30
SMA supports upward tendency in its stability around the main support, either stochastic Vićba purchase, which may cause us to expect a slight correction on the price of the pair
yes i also think like that . euro jpy will down more may be 102.20 at the end of
the week ..................... what do you think ?
resistance through the single currency last week. In addition, back test trend line, which is currently acting as support. Recommended for building purchase in dip, approaching the level of 103.00. Support continued to be given by 103.00 and 102.10 / 20 will be the next area of support to back up. Looking at the structure, expected 103.00 defended well and the prices go up. Observe the purchase of the dip....
Attachment 5523Support & Resistance
4hour timeframe 19/11/2012
S3 100.32 S2 102.17 S1 103.03
R1 103.41 R2 104.07 R3 103.97
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
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Today’s technical analysis ( daily time frame-20-11-12)
Resistance 3- 105.39
Resistance 2- 104.86
Resistance 1- 104.58
Pivot point- 104.07
Support 1- 103.77
Support 2- 103.24
Support 3- 102.95
Price level 104.50 is acting as a good resistance and i hope that will not break. But price is also supporting at 104.00 level. We can trade in break out direction.
eur/jpy technical analysis by using : average directional movement index
adx : 28.6137
+di : 19.1285
-di : 15.9553
timeframe : 1 hour
time : 0400
date : 20-11-2012
Eur/jpy technical analysis for 20.11.2012 by using : Auto pivot indicator.
resistance 3:105.46
resistance 2:104.91
resistance 1:104.62
pivot point :104.06
support 1:103.77
support 2:103.22
support 3:102.93
Support: 103.23
Pivot: 104.04
Resistance: 104.85
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 EUR / JPY 80% Buy