Eur/Jpy

http://i.imgur.com/tPjsfz8.jpg

Eur/jpy pair price now break the trend line. Therefore we can expect upward movement. Target should be 123- 123.50 area.

long positions at 121.40 with 121.80 and 122.30 as next targets

the breakout of 121.00 will call for arebound towards 120.50

buy eur/jpy at the level 120.04 with targets at 123.13 and 123.81, but in case of breaking the level 120.46, then sell at this level with targets at 119.54 and 118.67

Daily analysis for the pair of EUR yen , The pair break for a day support level at 121.60 expect the pair to 120.96 and landing them will rebound and then saturated propelled RSI index I see that the pair is still in the rally and God knows

http://www2.0zz0.com/2013/01/29/11/100072826.gif

http://www3.0zz0.com/2013/01/29/13/620881226.gif



we can see in the m30 chart

the pair will go up to fibo 38.2

I see the pair will go to up way to 121.87

stochastic refers that the pair will go up

so our target buy from 121.54 and our target will 30pips

Good luck.:woo::happy::doubt:;)

For the second day the pair continues to decline, the rate shot yesterday's low on the daily chart is visible a possible downside, there is virtually void up to the 120.65 mark, and on smaller plots formed a signal to change the medium wave in the direction of the south (intersected by an alligator sliding down) .

EURJPY is stuck in a range and taking a breather but tomorrow can be very good move for this pair 122.60 is so important if yen again start on weak note than there is clear view for this pair it will rocket toward 124.40 and will post this year high.

Spoiler:

http://s9.postimage.org/hwtusyakf/eurjpy.png

The position of the current price is above the 50 EMA on the hourly chart, momentum is bullish
The position of the current MACD cross the line above the area 0, the momentum is bullish
Trend today: bullish
Target today:124.89

Analysis result EUR JPY 30-01-2013

UP TREND (STRONG)

Signal 20 pips : BUY @ 122.26 Set S/L @ 121.96 Set TP @ 122.46

Signal Breakout : BUY @ 122.46 Set S/L @ 122.16 Set TP @ 122.66

Reversal Prediction HIGH : 123.27

EURJPY still pushed higher, it seems that the pair will touch 100% monthly fibo at 123.35, and after that the pair may corrected down. Overall there are still no reversal pattern for this pair.