Eur/Jpy

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.
:D

Last Friday, EURJPY failed to break the 21 period of LWMA line and so today, the line is still become a strong support. It is possible the pair will rise back to the 38.2% of monthly fibo, which is at 107.08. However, it has potential to break the LWMA line, to go down towards 105.70

Support: 105.66
Pivot: 106.62
Resistance: 107.57

trendspotter buy
7 day average directional indicator buy
10-8 day MA hilo channel sell
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold

Technical Analysis for EURJPY 40% Buy

Intraday bias in EUR/JPY remains neutral for the moment and some more consolidations would be seen below 107.95 short term top. Nonetheless, retreat should be contained by 105.27 support and bring another rally. Above 107.95 will target 100% projection of 94.11 to 104.58 from 100.32 at 110.79 next, which is close to 111.43 key resistance. Though, break of 105.27 will dampen our bullish view and turn focus back to 100.32 key near term support instead.

In the bigger picture, we're favoring the case that whole down trend from 169.96 (2008 high) has completed at 94.11 already, on bullish convergence condition in weekly MACD. The sustained break above 55 weeks EMA affirmed this view. Break of 111.43 resistance will confirm this bullish case and bring further medium term rise to 123.31 (38.2% retracement of 169.96 to 94.11 at 123.08) and above. And, we'd favor this bullish scenario as long as 100.32 support holds.

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

Couple once again overcame the resistance level 106.18, but still a bit early to sell, you need to wait for the normal capacity below this mark or renewal southern waves, for today may be support around 105.30.

Just entered a strong signal to sell the pair broke through the lower zone of the fractal, moving the alligator made ​​a turn to the south and now formed a signal 3 signal lines continued decline, the goal now - Support 105.30.

price closed inside the h4 chart below a really sturdy support at 105. 00. thats a spherical variety too, acted as support within the past and currently price is below it.
a bearish acceleration is incredibly doable these days therefore guard your short positions open as long as price remains below 104. 00.

EURJPY has touched the 108.11 level and started to turn toward the first goal was at 106.11 points and the next destination was at 104.73 points. So, a sell position is untenable and expectations touched 104.73.

Again, EURJPY failed to break 21 period of LWMA on daily time frame, it may cause the pair move higher today. I think the pair will likely go back to 38.2 of monthly fibo at 107.00