Eur/Jpy

Eur/jpy analysis for 03.13.2013 by using pivot indicator.

r3: 127.67
r2: 126.85
r1: 126.03

pivot: 125.21

s1: 124.39
s2: 123.57
s3: 122.75

EUR/JPY intraday: intraday support around 124.55.
Pivot: 124.55
Our preference: Long positions above 124.55 with targets @ 125.25 & 125.75 in extension.
Alternative scenario: Below 124.55 look for further downside with 124.15 & 123.75 as targets.
Comment: the pair is rebounding on its support and should post further advance.
http://dl.dropbox.com/u/51561036/scr...313-170832.png

In the m30 time frame the price is rejected fromt he resistance at 125.15 and move to the lower side support. the price is try to break the support at 124.25. if the price is close below this support we can short this pair to the target 123.80

http://charts.mql5.com/1/143/eurjpy-...orex-group.png


we can see in the 1d chart

the pair trading down the 23.6

I see the pair will go to down way to 121.01

stochastic refers that the pair will go down

so our target sell from 124.58 and our target will 360pips

Good luck
:respect::good::))):yahoo:

i think tday prepare sell on high cz price in tf h1 still under MA50...

The currency pair EUR / JPY formed a figure that shows the head and shoulders with the 124.15 support level, so if the price in the next few days to fall below the mark it may be accelerating the fall as a level in the range of about 200 points a void, but until the level is breached sell dangerous ...

http://charts.mql5.com/1/146/eurjpy-...ex-group-2.png



we can see in the 4h chart

the pair can close up the up trend line

i see the pair will go to up way to 125.51

stochastic refers that the pair will go up

so our target buy from 124.51 and our target will 100pips

Good luck
:good::respect::peace::accute:

Buy EJ @ 124.70 tp1 @ 124.95 tp2 @ 125.20..sl @ 124.35
sell EJ @ 124.35 tp1 @ 124.10 tp2 @ 123.85 Sl @ 124.70

http://charts.mql5.com/1/146/eurjpy-...orex-group.png


we can see in the 1d chart

the pair trading down the 23.6

I see the pair will go to down way to 121.21

stochastic refers that the pair will go down

so our target sell from 124.42 and our target will 315pips

Good luck

Eur/jpy technical analysis by using moving averages.

date : 03.14.2013

time : 03:15 GMT

time frame : 15 min

sma200 : 124.90 signal- sell.
sma100 : 124.57 signal- sell.