Eur/Jpy

Pair : EURJPY
Updated : Thu, Mar 14 11:28
Price : 124.22
Movement : -33.7 Pips
Movement : -0.27%

Support : 123.61
Pivot : 124.65
Resistance : 125.69
:peace::woo:

Eur/jpy analysis for 03.14.2013 by using pivot indicator.

r3: 126.16
r2: 125.69
r1: 125.12

pivot : 124.65

s1: 124.08
s2: 123.61
s3: 123.04

I wanted to share a little about my daily life in the trade, this time about the pair Eur / Jpy.


I sell limit 125.10

by SL: 125.65 (R2)
do not forget to take profit at 124.77


Info:

Support 1: 124.05

Support 2: 123.59

Support 3: 123.02

pivot: 124.62

Resistant 1: 125.07

Resistant 2: 125.65

Resistant 3: 126.10


All analyzes were performed using the indicator I Stochastik, indicators that make me proper analysis.

Analysis for today's 14-mar-2013
time frame m30

Happy trading

EUR/JPY intraday: rebound to BULLISH.
Pivot: 124.1
Our preference: Long positions above 124.1 with targets @ 125.25 & 125.75 in extension.
Alternative scenario: Below 124.1 look for further downside with 123.75 & 123.1 as targets.
Comment: the pair has rebounded on its support and is breaking above its resistance, the RSI is well directed.
Key levels
126.05
125.75
125.25
124.914 last
124.1
123.75
123.1
http://dl.dropbox.com/u/51561036/scr...314-173335.png

Thanks sir

Pivot levels
R3: 126.13
R2: 125.67
R1: 125.09
PP: 124.63
S1: 124.03
S2: 123.58
S3: 122.98
Comment: The trend @ 4H is still upword
Preference: take long position @ 124.60, targets @ 125.54 and 126.10, stop loss @ 124.03
Alternate scenario: by breaking the level 124.03, take short position below it, targets @ 123.29

new signal

EUR JPY
From 10:15 14-Mar-2013 GMT
Till 14:15 14-Mar-2013 GMT
Sell
Sell at 124.94
Take profit* at 124.42
Stop loss at 125.32

Prices put in a Harami candlestick pattern below resistance at 125.57, the 76.4% Fibonacci retracement, hinting a move lower may be ahead. Initial support is at 124.26, the 61.8% level, with a break below that exposing the 50% Fib at 123.20. Alternatively, a move above 125.57 aims for rising trend line support-turned-resistance at 126.52.

the price is making a pin bar candle at the resistance level 125.10 it is not able to move above this resistance. now the cci is also move out from the over bought area. we can short this pair because it is not able to break the resistance at 124.80 and target is 124.00

Weekly technical levels:
It should notice that if the trend is of a downside character, then the strength of the currency will be defined as follows: GBP is a downtrend and USD is an uptrend.
The last three resistances are:
R3: 1.5433 | R2: 1.5315 | R1: 1.5119
The last three supports are:
S1: 1.4805 | S2: 1.4687 | S3: 1.4491