Eur/Jpy

in the M30 time frame the price is break the resistance at 123.20 and now price is moving in the overbought area. it may be rejected from the level at 125.00. here we can short this pair with the target 123.50 with stop loss 125.50

EUR / JPY Strengthens Trending Up; Monitor Target 125.00

Position to buy EUR / JPY is definitely playing on Thursday, after breaching 122.20 resistance resulting debate rally +230 points lead spot near points early liquidation of February 25 at 124.50.

The increase in the current Euro comment belief that the couple are back in a steady uptrend, with the penetration of the trend line coming down from a high of 127.75 on the vision to strengthen the potential further.

The main resistance in front coincides with round numbers, that is 125.00, the highest February 25, followed by a double peak 15/20 Februari 126.00, next is 127.00, two shoulders align with the structure of the H & S in February, and finally peak this year at 127.50.


Support: 124.39, 124.29, 124.23
Resistance: 124.71, 124.61, 124.55

EUR/JPY intraday: upside trend.
Pivot: 124.15
Our preference: Long positions above 124.15 with targets @ 125.2 & 125.5 in extension.
Alternative scenario: Below 124.15 look for further downside with 123.5 & 122.85 as targets.
Comment: the pair is breaking above its previous high and should post further advance as the RSI is well directed.
http://dl.dropbox.com/u/51561036/scr...308-172514.png

http://charts.mql5.com/1/122/eurjpy-...es-group-2.png



hi

how are you

we can see in the m15 chart

the pair trading down the 23.6

I see the pair will go to down way to 124.70

stochastic refers that the pair will go down

so our target sell from 125.41 and our target will 70pips

Good luck

EURJPY moved in a strong bullish movement yesterday and could break three resistance levels at 122.54, 123.33, 124.24. Now, I think the bullish momentum still occur on EURJPY. I think this pair will continue going up to the next resistance level at 125.09.

Spoiler:

http://puu.sh/2e5fI

http://i48.tinypic.com/118ddva.gif


eurjpy m15 see picture above is still doubtful for the open position, especially soon be closing weekly candlestick. but for the moment it is still possible as shown, if going down will be captured at the point of the trendline.

http://charts.mql5.com/1/124/eurjpy-...nies-group.png


hi

how are you

we can see in the m30 chart

the pair trading down the 38.2

I see the pair will go to down way to 124.05

stochastic refers that the pair will go down

so our target sell from 124.83 and our target will 78pips

Good luck

Pair : EURJPY
Updated : Sat, Mar 09 08:19
Price : 124.82
Movement : 56 Pips
Movement : 0.45%

Support : 120.76
Pivot : 123.54
Resistance : 126.33

Basically predicted shot north, a couple more weeks and this was rose ... so now we can see that it is very good work sloping trend line shows that yesterday even managed to quickly test it on the back side, so that the whole think growth will continue, and buying to near line or horizontal consolidation.

market moves outstandingly before job data and after that it fall toward 123.80 if euro recovers the losses than this pair can have 130 target for long term . daily charts are suggesting a good rally back to 127 area and good time to buy stop loss 123.55 and target 126.3