Eur/Jpy

elliott crucial reversal point 128.96 market should not go lower than 129.10 - 128.54 after this move down it should go up to 130.02 - 130.36 area
support and resistanse
res2 131.50
res1 130.36
sup1 128.54
sup2 127.85

Eur/jpy analysis for 04.16.2013 by using pivot indicator.

r3: 132.18
r2: 130.75
r1: 128.44

pivot: 127.01

s1: 124.70
s2: 123.27
s3: 120.96

Eur/jpy pivot levels for today by using : fibonacci pivot indicator.

r3: 130.79
r2: 129.35
r1: 128.45

pivot : 127.01

s1: 125.57
s2: 124.67
s3: 123.23

see the movement of the market in H1 timeframe EURJPY pair seemed no sign to continue the bullish again though apparently still waiting first to penetrate the 23.6% Fibonacci first. but if we look at the weekly candlestick power still seems to be a tendency to go up again.

https://lh6.googleusercontent.com/-x...5BUNSET%5D.png

EUR / JPY strengthens, regaining yesterday's losses as a result of which the pair hit a low of 125.00. Thanks to weaken the yen and boosted the euro, cross strengthened to a level of 128.00, but failed to break above. Now the price range in the area 127.30.Soprotivlenie 128.03 and 132.05 and support at 123.70.

http://charts.mql5.com/1/342/eurjpy-...ex-group-2.png


hi

how are you

we can see in the 1d chart

the pair trading down the 23.6

I see the pair will go to down way to 123.81

stochastic refers that the pair will go down

so our target sell from 128.24 and our target will 430pips

Good luck

EUR / JPY started today with the resumption of the northern trend, a few hours before the pressure of the bulls could not resist sliding and 200, a pair of almost effortlessly overcome the resistance of 128.43 which was the signal to buy, it seems the main objectives of the bulls once again the monthly maximum figure of 131.00, stop 128.10 per hour candle.

I start to slowly gain on sale eur / jpy, touching pair of sliding alligator (within the 129.00 figure) again begins to decline to renew the south, on the hourly chart Stochastic divergence and formed together with RSI-sell signal, reducing the levels expected at 127.60, and it is possible that and a local minimum of 125.00.

after declining, all currency pairs are being opposed jpy mengalama rise again because it is basically still in a state of stong up, like the EURJPY currency pair based on the graphs that show the h1 I think EURJPY is still likely to be heading towards 129.28 even 130.80. follow my picture bro

today i like to sell this pair @ 128.77
my stop loss of the day @ 129.19
half take profit @ 128.53
and half @ 128.19