Eur/Jpy

The course has just overcome and sineyu Sliding alligator who served as the trend line, the Bulls did not have any effect on the resumption of the trend, the course also broke an important figure 125.00 purchase while I do not consider, so far to sell a little late for that you need to wait a little correction in the northern 125.20-125.00 area.

Eur/jpy has the same direction with eur/usd but it is trying to test its support level at 125.05 . Although eur/jpy is still in uptrend but affter had been affected by the news , the bearish is stronger than bullish . So i think the price will break that support level soon and go to the next level at 123.02 .
http://vangsaigon.com/iupload/images/ej72.bmp

H1
Price is below 125.80 Pivot mark these days tend to fall. conditions 10 and 20 MA crosses down mark down trend. however there are bullish harmonic pattern. Will go down to S1 124.14 and then rise as the effects of the bullish harmonic pattern??

Spoiler:

http://my.jetscreenshot.com/demo/m_2...4z1m-164kb.jpg

Eur/jpy analysis for 02.08.2013 by using : pivot indicator.

r3: 130.02
r2: 128.73
r1: 127.08

pivot : 125.79

s1: 124.14
s2: 122.85
s3: 121.20

In my analysis, on weekly time frame i see shark wave pattern, this is time to sell. i predict the price will continue to downtrend. Similar like EUR USD, the bearish trend are begin from this week. I am sure it will be more on few weeks ahead. I think it will go to 112.xx.. From there it will be going to up or going to down trend.

Eur/jpy has already rejected the support level at 123.73 . If the current candle stick can lose and be pinbar candle stick , i think the price will be reserved soon and expect the price will retest the resistance level 127.29 again .
http://vangsaigon.com/iupload/images/ej82.bmp

this pair is currnetly in bullish trend due to retracement of this pair. at this time buy this pair on every dip and currently this pair is at 124.30 and take the buy if it reach at 124.00.

cci indicator is showing this pair is oversold and it is making a hammer candlestick pattern at the support 123.50 so this will be not break and act as a support we can long this pair and target to the resistance at 125.50

sell eur/jpy at the level 124.60 with targets at 122.80 and 121.96, but in case of breaking the level 124.96, then buy above this level with targets at 125.90 and 126.44

EURJPY dropped yesterday and dropped again today in european opening.make a formation of double top @ 125.60 if it manages to close above this level than 128+ will be on cards.