Eur/Jpy

Analysis result EUR JPY 25-01-2013

UP TREND (STRONG)

Signal 20 pips : BUY @ 120.02 Set S/L @ 119.72 Set TP @ 120.22

Signal Breakout : BUY @ 120.22 Set S/L @ 119.92 Set TP @ 120.42

Reversal Prediction HIGH : 122.93

Strong bullish is still not change, as EURJPY back in line yesterday. Today the pair may corrected to 119.93, but always note that the main trend is still bullish. The down movement is just a correction, so don't hold a sell position if the target is hit.

Spoiler:

http://sadpanda.us/images/1369787-2BNUXI8.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: 123.27
Stop Loss :118.63

Couple fulfilled all mandatory targets previously announced and will not stop, and on and is heading to the 38% Fibo, and there already see the signals whether the pair continue to rise to 50% or still enough of it, but it is in process, but not yet slackening speed continues to yield a profit. I think that today is Friday recoilless

eur/jpy technical analysis by using : adx

adx : 44.1757
+di : 38.4300
-di : 6.9381
timeframe : h4
time : 0800

The euro-yen pair positively since yesterday and is now above the level of 122.00 index stochastic gives overbought and the pair still on the upside and the first goal is 123.29
Support 118.72
Resistance 123.29
pivot 119.87

Index Euro rises sharply and the yen shows a negative trend, it affects the growth of a strong north in a pair eur / jpy, today couple broke another strong resistance 120.66 after which it steadily strengthened over 122 figures, sell now is very dangerous, it is best to follow the trend and pullbacks to buy.

I would not hurry while with shopping on older charts clearly seen that the pair is close to the long-term horizontal resistance 123.00 + - (figure) and the last few days of growth was accompanied by little or no compensation, the level of 123.00 and I'm going to catch it, and so after that you can, and again to the north.

Analysis EURUSD pair yen now broke through strong resistance at 122.05, a saturated propelled RSI expect the pair to fall from here, but in the case of boarding expect to rise to 123.24 and rebound and God knows

Pair made ​​quite clear leap up, which, in my opinion, has every reason to be the basis for an upward trend. The MACD also speaks of the coming growth. The immediate goal of considering the level of 123, and in the event of this level of 123.80. Sell ​​think only when attached below the average rate of the channel Bollinger.