Eur/Jpy

today Eurjpy touch the 119.19 and i think it will more come now it is again going up because it touch the Average daily range so that is why we can say that the Bearish trend is there and the market will come down tommorow more

Eur/jpy analysis for 04.03.2013 by using pivot indicator.

r3: 121.24
r2: 120.69
r1: 120.23

pivot: 119.68

s1: 119.22
s2: 118.67
s3: 118.21

http://charts.mql5.com/1/259/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 118.22

stochastic refers that the pair will go down

so our target sell from 119.42 and our target will 120pips

Good luck

http://charts.mql5.com/1/261/eurjpy-...orex-group.png


we can see in the 4h chart

the pair will go up to fibo 23.6

I see the pair will go to up way to 120.80

stochastic refers that the pair will go up

so our target buy from 119.40 and our target will 140pips

Good luck
:accute::peace::doubt::happy:

bearish signal are given by Accumulated Oscilator (AO),) Gator Oscilators but Relative Vigor Index (RVI) is still indicating uptrend it means pair still have downtrend tendency although in sideway movement from level 119.53, then fast stochastic line is crossin slow line up downward near sell border level 80 as reversal to bearish

http://charts.mql5.com/1/261/eurjpy-...orex-group.png




we can see in the 1h chart

the pair will go up to fibo 38.2

I see the pair will go to up way to 119.79

stochastic refers that the pair will go up

so our target buy from 119.36 and our target will 42pips

Good luck
:peace::happy::doubt:

Eur/jpy analysis for 04.04.2013 by using pivot indicator.

r3: 121.15
r2: 120.66
r1: 120.09

pivot: 119.60

s1: 119.03
s2: 118.54
s3: 117.97

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

I Sell Limit from 122.50

by SL: 122.80

do not forget to take profit at 121.17

Tf :M30

Daily Info :

Support 1: 118.80

Support 2: 118.40

Support 3: 117.72

pivot: 119.48

Resistant 1: 119.88

Resistant 2: 120.56

Resistant 3: 120.96

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

Analysis for today's 04-Apr-2013

#Happy trading

elliott irregular flat correction down 118.70 ir looks set to vist futher lower territory down to around 119.33 - 119.04 it corrective attempts should fail ahead of 119.86 - 120.11 stop loss above 120.68
support and resistances
res2 120.68
res1 120.11
pivot 119.61
sup1 119.04
sup2 118.54

An irregular flat correction Elliott looking to visit most provinces ir 118.76 lower down around 119.43-119.04 who attempted correction of error before 119.86-120.31 stop loss above 120.68
support and resistance
res2 120.78
res1 120.21
119.67 pivot
sup1 119.14
sup2 118.74