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To the downside, support levels lie at 117.16 (May 20 high), 116.90 (May 11 high), and 116.37 (May 26 high). thsi pair is not showing too much move..but for now its signals are suggesting for this much only i am giving a buy order now. current price114.94
Eur/jpy pivot levels by using fibonacci pivot indicator.
r3: 129.47
r2: 128.88
r1: 128.51
pivot : 127.91
s1: 127.31
s2: 126.94
s3: 126.34
Return a simple the EURJPY pair of the support 114.
I think now is that time because it is the pair rises up to 117 can be purchased from here. ..
But now that is not displayed by this pair. proposed only in the degree of signal
EUR/JPY intraday: under pressure. Bearish Trend.
Pivot: 128.45
Our preference: Short positions below 128.45 with targets @ 127.4 & 126.9 in extension.
Alternative scenario: Above 128.45 look for further upside with 128.8 & 129.4 as targets.
Comment: the pair has broken below its support and remains under pressure.
http://dl.dropbox.com/u/51561036/scr...430-201450.jpg
see EURJPY market movements in H1 timeframe seems to still be sideways before in one of the break, be it support or resistant. when we look at the longterm it seems bullish strength is still so strong. then stay we wait which one will break first as a confirmation for the transaction.
https://lh5.googleusercontent.com/-I...5BUNSET%5D.png
http://charts.mql5.com/1/445/eurjpy-...orex-group.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 124.91
rsi refers that the pair will go down
so our target sell from 125.10 and our target will 330pips
Good luck
time frame- H1
the price is not able to break the support at the 127.15 and hold. at the time rsi is also moving up side. the macd indicator is also giving us long signal. we can long this pair if the resistance is break at the 128.70 with the target at 129.50
good luck
http://charts.mql5.com/1/448/eurjpy-...orex-group.png
hi
how are you
we can see in the 4h chart
the pair can close up the up trend line
i see the pair will go to up way to 129.28
stochastic refers that the pair will go up
so our target buy from 128.28 and our target will 100pips
Good luck
Intraday bias in EUR/JPY remains mildly on the downside for deeper fall as consolidation from 131.12 extends. Note that downside should be contained by 123.86 support and bring rebound. Eventually, an upside breakout is expected and above 131.12 will resume whole rally from 94.11.
In the bigger picture, whole down trend from 169.96 (2008 high) has completed at 94.11 already, on bullish convergence condition in weekly MACD. Rise from there isn't finished yet and is expected to continue to 50% retracement of 169.96 to 94.11 at 132.03 next. Eventually, such rise would likely extend to 139.21 resistance and above. Break of 119.10 support is needed to be the first sign of medium term topping. Otherwise, outlook will stay bullish.
EURJPY,H1
Date 2013.05.01
Time 01:00
Open 128.23
High 128.29
Low 128.22
Close 128.25
Volume 90
SMA(5) 128.30
SMA(10) 128.33
SMA(20) 128.08
SMA(50) 127.99
SMA(100) 128.46
SAR 127.70
Indicator window 1
Stoch(5,3,3) 30.3371
Signal 45.7614
Indicator window 2
RSI(14) 53.8307
Indicator window 3
MACD(12,26,9) 0.076
Signal 0.050
Indicator window 4
%R(14) -19.0840
based on combination of indicators above,
trend : BULLISH
Spoiler: