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http://charts.mql5.com/1/400/eurjpy-...orex-group.png
we can see in the 1w chart
the pair trading down the 23.6
I see the pair will go to down way to 122.11
stochastic refers that the pair will go down
so our target sell from 0.9459 and our target will 730pips
Good luck
elliott flat correction up 130.67 there are intial signs of a good corrective recovery towards 130.17 or even 130,58 support at 129.29 and 128.84
support and resiatnaces
res2 131.50
res1 130.58
pivot 129.75
sup1 128.84
sup2 128.00
Eur/jpy analysis for 04.24.2013 by using pivot indicator.
r3: 132.04
r2: 130.92
r1: 130.09
pivot: 128.97
s1: 128.14
s2: 127.02
s3: 126.19
From 00:27 24-Apr-2013 GMT
Till 04:27 24-Apr-2013 GMT
Sell
Sell at 129.65
Take profit* at 129.22
Stop loss at 130.02
EUR / JPY Push Higher, Still Negative During the week in the Lower 130
EUR / JPY is currently pushing to the upside last at 129.68 yen weakness while following the Nikkei index in Tokyo has just opened at new highs almost 5 years above 13700. The pair is still slightly below the previous weekly close on Friday, mostly due to Euro weakness, but managed to bounce from weekly lows at 127.90 yesterday.
Hourly chart shows indicators flat barely above their midlines, while price fight over SMA 100 and 200 SMA.Dalam 4 hours chart developed certain negative pattern, though it should be confirmed by a steady decline under the 128.80 area, at least for today . "in terms of the increase, above 130.10 will open up opportunities rise towards 130.60, while a break above the latter would imply retest of the 131.20 price zone / 30
level of support at: 128.80, 128.20 and 127.60, while resistance levels at: 130.10, 130.60 and 131.30.
Support: 129.46, 129.32, 129.18
Resistance: 130.01, 129.87, 129.73
Trend: Bearish
Overbought / Oversold: Overbought
Analysis Eur/Jpy using pivot indicator
Resistance 3: 132.02
Resistance 2: 130.91
Resistance 1: 130.08
Pivot: 128.14
Support 1: 128.14
Support 2: 127.03
Support 3: 126.20
"24/04/2013"
today i like to sell this pair @ 129.70 to 129.90 range
my stop loss of the day @ 130.07
my half take profit @ 129.55
and half @ 129.19
The duet and as we can see from the represent has closed it's regular candle under the place of 111.00 , so , that's will the doctor style is plant slack and the span is way to 110.50 then 110.00 but the uptrend is ease standing.
its also good pair but i dont use it mostly and too many persons are using this pair for trading and earning good profit if you have information about market whether it will go up or down and in same condition you apply and can earn good profit.
EURJPY currency pair, look first down than the other currency pairs, is due to the effect of the repetition eur weakening against all currencies, for EURJPY currency pair I recommend you to put a sell stop at 128.77 with takeprofit price 20 pips. for predictions today I more prefer sell