Eur/Jpy

Eur/jpy pivot levels by using fibonacci pivot indicator.

r3: 130.85
r2: 130.41
r1: 130.14

pivot : 129.70

s1: 129.26
s2: 128.99
s3: 128.55

see movement in the market EURJPY H4 timeframe seems still stuck between support and resistant. despite triangle chart pattern formed yesterday but still could not break resistant. so should we wait until there is further confirmation signal.

https://lh3.googleusercontent.com/-0...5BUNSET%5D.png

http://charts.mql5.com/1/503/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 122.31
stochastic refers that the pair will go down
so our target sell from 129.97 and our target will 750pips

eur/jpy iss totally depend on eur/usd jab eur/usd up side jata hai jaay eur/jpy bhi up jata hai or jap eur/usd down side pay jata hai tu eur/jpy bhi down jata hai magar uss kay baad bhi app ko technical analysis karna zaroori hai

EUR/JPY intraday: bounce back. BULLISH
Pivot@ 128.9
My choice: BUY positions over 128.9 with targets @ 130 & 130.4 in extension.
Alternate conditions: Under 128.9 take a look for further down side with 128.35 & 128 as targets.
Remark: the pair has rebounded on its new support and continues on the up-side as the RSI is reversing up.
http://dl.dropbox.com/u/51561036/scr...508-221909.jpg

eur/jpy technical analysis by using : adx

adx : 37.8619
+di : 28.2124
-di : 5.0746

timeframe : 1 hour
time : 1800
date : 08.05.2013

http://charts.mql5.com/1/504/eurjpy-...orex-group.png


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 131.25
rsi refers that the pair will go up
so our target buy from 130.25 and our target will 100pips
Good luck

http://charts.mql5.com/1/505/eurjpy-...orex-group.png

we can see in the 4h chart
the pair trading down the 23.6
I see the pair will go to down way to 129.22
so our target sell from 130.08 and our target will 86pips
Good luck

Couple just came close to the upper limit of a convergent medium triangle (130.46 resistance), it seems the bulls are not strong enough to break through this mark, it has already been formed from triple vershinka, stochastics in the upper area and is preparing to show a sell signal, the goal - the lower boundary of the triangle-128.60 + -.

http://charts.mql5.com/1/506/eurjpy-...ex-group-5.png


we can see in the 4h chart
the pair trading down the 23.6
I see the pair will go to down way to 129.28
stochastic refers that the pair will go down
so our target sell from 130.21 and our target will 94pips