Eur/Jpy

EURJPY,H1
Date 2013.05.09
Time 01:00

Spoiler:

http://charts.mql5.com/1/506/eurjpy-...ex-group-2.png

Open 130.19
High 130.22
Low 130.15
Close 130.20
Volume 105
SMA(5) 130.16
SMA(10) 130.17
SMA(20) 129.94
SMA(50) 129.75
SMA(100) 129.56
SAR 129.88

Indicator window 1
Stoch(5,3,3) 76.6990
Signal 61.0738

Indicator window 2
RSI(14) 60.8178

Indicator window 3
MACD(12,26,9) 0.152
Signal 0.144

Indicator window 4
%R(14) -25.9259

based on combination of indicators above,
trend : BULLISH

bearish mode is not strong enough because is confirmed by only one oscillator from Gator Oscillator indicator but both Relative Vigor Index (RVI) and Accumulated Oscillator (AO) indicators are still positive value as uptrend indication it means pair still in slowly bullish mode from level 129.87 then candlestick pattern are several long bullish hammer patterns as bullish is being continued

today i sell this pair @ 130.10
my stop loss of the day @ 130.47
my half take profit @ 129.77
and half @ 129.57

eur/jpy technical analysis by using : adx

adx : 31.5975
+di : 6.4242
-di : 24.3370

timeframe : 1 hour
time : 0900
date : 09.05.2013

Pivot levels today:
R3: 132.15
R2: 131.29
R1: 130.73
PP: 129.87
S1: 129.30
S2: 128.43
S3: 127.89
Comment: Price now is too close to daily pivot level and 55 SMA, so no clear signal now.
Forecast: By breaking 129.30 level, this may open the way to more fall to 127.89.

Eur/jpy pivot levels by using fibonacci pivot indicator.

r3: 131.35
r2: 130.79
r1: 130.44

pivot : 129.88

s1: 129.32
s2: 128.98
s3: 128.42

EURJPY to this day having reversal as has happened on eurusd currency or all currencies associated with eur, buy stop at 130.00 price and sell stop at 129.67 price zone because prices have touched the seller then I would advise you to do the sell order with target of 20 pips or more

http://charts.mql5.com/1/511/eurjpy-...ex-group-4.png


we can see in the 4h chart
the pair trading down the 38.2
I see the pair will go to down way to 129.00
rsi refers that the pair will go down
so our target sell from 129.76 and our target will 78pips

time frame- H1
the price is just moving in the triangle pattenr. the resistance of the triangle at the 130.50 and the support at the 129.60. the price is try to break the support if it is break we can short with the target at 129.00
good luck

see the movement of the market in the H4 timeframe and still no confirmation is still sideways movement of yesterday. so should we wait longer to support or resistant in the break between the two trendline.

https://lh5.googleusercontent.com/-5...5BUNSET%5D.png