Eur/Jpy

Pivot levels today:
R3: 133.70
R2: 132.98
R1: 132.52
PP: 131.79
S1: 131.33
S2: 130.60
S3: 130.15
Comment: Price now is above the daily and weeekly pivot levels, also it is above the 55 SMA, so more rising is expected.
Forecast: Price may rise to 132.98.

EUR / JPY has just scored a new 3-year highs in early Asia-Pacific at 132.40 yen following the continuing weakness after the G7 meeting over the weekend. The pair last traded at 132.18, slightly below Friday's highs.

"I believe that the movement in the market today tend to see EUR up solid on the couple so while the EUR / USD may seem weighed down overall, the decline may also be strongly supported," early support is Friday's lows near 1.2940 which also a Fibo retracement level. "


Support: 132.07, 131.99, 131.89
Resistance: 132.42, 132.34, 132.24

i place pending sell order for today @ 131.94
my stop loss of the day @ 132.07 ( only 13 pips)
half take profit of the day 131.64
and half @ 131.34

eur/jpy technical analysis by using : average directional movement index

adx : 28.7791
+di : 9.0761
-di : 14.6636

timeframe : 1 hour
date : 13.05.2013
time : 1300

I see the pair will go to down way to 130.19 so our target sell from 132.19 and our target will 200pips

:peace::woo:

After breaking through the upper boundary of the triangle convergent (130.70 resistance), the pair is trading today in the side korretsii but a decrease in the south of the question should not be, just consider buying either of 131.58 support, or after a month high of 132.30.

we can see in the 4h chart
the pair trading down the 23.6
I see the pair will go to down way to 131.06
stochastic refers that the pair will go down
so our target sell from 132.00 and our target will 98pips


http://charts.mql5.com/1/540/eurjpy-...orex-group.png
@>-

I think for EURJPY remains in a state of strong bullish, possibly to this day EURJPY currency pair has been in a zone for buyers, and to target the first bullish reversal prediction possibilities exist at 132.65 price, you just need to wait at that point if reversal does happen you can look and perform short-term sell orders

EUR / JPY has found a buyer in alligator-sliding away from them and there was a rebound in the north but still too early to buy open-it needs to wait for a break of upper zone of fractals (132.30 resistance) that will bring the pair to 133.00 figure as a minimum, the underlying trend is still north.

hi
eurjpy we can see the pair will go to up in the future

price:132.22
buy:132.64
stiploss:131.64
point:40pips