Eur/Jpy

Spoiler:

http://sadpanda.us/images/1495931-9YO91CO.png

The position of the current price is below the 50 EMA on the hourly chart, momentum is bearish
The position of the current MACD cross the line above the area 0, the momentum is bearish
Trend today: bearish
Target today:120.09

in the M30 time frame the price is break its supporting trend line. the price is now oversold with stoch and cci indicator. macd indicator is also giving us short signal. the price is supported at the 121.20. we can long this pair with the target at 122.55

EUR/JPY for today... my analysis is eur/jpy will be down to limit daily moving at 121.00 (this first target) , if eur/jpy can break it so EJ will be go down to limit weekly moving (this second target),,, this my analysis with bollinger band and moving average .. thank and sorry if i wrong.. good luck..

EURJPY is swinging nicely due to yen strength it gained more than 3% on weekly basis and test fresh low around 120.70 today i would recommend sell at 121.40 with the stop loss above 121.65 and 1st profit target should be around 120.60 and 2nd around 120 mark and than we may have a deep fall towards 117.60. you can use trail stop for big profits in this pair.

Eur/jpy analysis for 03.27.2013 by using pivot indicator.

r3: 122.73
r2: 122.17
r1: 121.82

pivot: 121.26

s1: 120.91
s2: 120.35
s3: 120.00

http://charts.mql5.com/1/222/eurjpy-...orex-group.png


hi

how are you

we can see in the 1d chart

the pair can not close up the broken down trend line

I see the pair will go to down way to 119.51

stochastic refers that the pair will go down

so our target sell from 120.51 and our target will 150pips

Good luck

http://charts.mql5.com/1/223/eurjpy-...orex-group.png



we can see in the m30 chart

the pair will go up to fibo 23.6

I see the pair will go to up way to 120.97

stochastic refers that the pair will go up

so our target buy from 120.58 and our target will 40pips

Good luck
:respect::woo::happy::peace:

EURJPY is touching the resistance level at 121.71 now. Then, if EURJPY can rise and break this resistance level successfully, this pair may continue going up to make a correction movement to the higher resistance level at 122.54. But if fail to break this resistance, this pair may reverse and falling to the support level at 120.96 or lower.

elliott correction zigzag 121.98 it should test 122.22 area after which a sell off down to 120.96 or extended to 120.39 area is expected
support and resistances
res2 122.21
res1 121,87
pivot 121.30
sup1 120.96
sup2 120.39

http://charts.mql5.com/1/224/eurjpy-...orex-group.png



we can see in the m30 chart

the pair will go up to fibo 23.6

I see the pair will go to up way to 120.93

stochastic refers that the pair will go up

so our target buy from 120.54 and our target will 40pips

Good luck

:respect::good::yahoo::(