Eur/Jpy

eur/jpy technical analysis by using :adx

adx : 35.7724
+Di : 20.9145
-di : 10.4732
timeframe : h4
date : 18.01.2013

though steam and drew a new high but still shows that the latter was quite a deep pullback pair walked away from a maximum at some figures and now have the impression that the corridor s drawn a wide range of ... I would become a little to sell in the hope that the price will reach to the bottom boundary of the corridor ...

The forecast for the next week with a couple of 21.01-25.01 EUR / JPY on the basis of technical analysis, the pair will continue to rise to a new high in 121.20, but due to significant overbought, and the weakening euro, will begin the correction to the original level support around 115.60, where the 23.6 Fibonacci line, where he finished the trading week.

eur/jpy technical analysis of last day by using : adx

adx : 33.4817
+di : 22.5703
-di : 12.1077
timeframe : h4
date : 19.01.2013

Weekly analysis of euro-yen pair expect the pair rise to 120.80 in the case of possible riddled connects to 121.90 and rebound in the case of continued ascent possible connects to 123.20, and she is strong as possible bouncing them as in the case of possible landing fall to 117.40 and rebound

On the daily time frame, EURJPY is still on a strong bullish. But we expect that correction will occur, before the pair continue its bullish. Today, the pair may come down to test the 7 period MA, it may down towards 118.75. But remember that this pair yet not turn to bearish.

Eur / jpy जोड़ी शुक्रवार को काफी शांत सत्र था के रूप में हम 120 संभाल के आसपास मतलब जारी है.इस क्षेत्र में स्पष्ट रूप से एक बड़ा प्रतिरोध बाधा है, लेकिन तथ्य यह है कि बाजार के लिए इसके चारों ओर लटका जारी हमें पता चलता है कि हम एक ब्रेक अभी तक बाहर चाहिए फिर से.

Spoiler:

http://s7.postimage.org/hof0zy5hn/image.png

On the hourly chart, price is above the 12 EMA (red) and 72 EMA (blue) indicates the trend is still up
50 RSI line cross above the 50 area, indicates the trend is still up
Recommendation: BUY
Take profitt: 122.044
Stop Loss : 118.62

120.71 level to level confirmation reversal after several difficult pair to break above this level means that if it is above the pair broke through the pair will continue to be bullish continuation towards the 121.25 level

long positions at 119.00 with 119.40 and 119.80 as next targets

the breakout of 118.40 will calla for arebound towards 118.00