Eur/Jpy

correction zigzag 130.89 it is likely to fall towards 131.28 - 130.80 unless a corrective breaks the 131.97 resistances stop above 132.20
res2 132.67
res1 132.20
pivot 131.75
sup1 131.28
sup2 130.82

Eur/jpy pivot levels by using fibonacci pivot indicator.

r3: 132.69
r2: 132.33
r1: 132.11

pivot : 131.75

s1: 131.39
s2: 131.17
s3: 130.81

Couple until reduced as expected, reaching 131.59. In the future, I expect that the pair will continue a ****ual decline until the 200 day moving average. The decrease in the same point and indicators. MACD and RSI confirm that keep the signal to drop. From tomorrow I'm waiting for a decline to 131,20-131,00

Pivot levels today:
R3: 133.08
R2: 132.64
R1: 132.16
PP: 131.71
S1: 131.23
S2: 130.80
S3: 130.32
Comment: Price now is above the daily and weekly pivot levels, also it is above the 55 SMA, so more rising is expected.
Forecast: Price may rise to 132.64.

Pair become very strong bullish when both of Accumulated Oscilator (AO), Relative Vigor Index (RVI) and Gator Oscilators are similar and reach positive value as indication this pair in uptrend mode, so pair will increase from 131.89 then fast stochastic line and slow line are moving upward above sell border level 80 as bulllish is still being continued from high level

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

adx : 21.4887
+di : 11.5112
-di : 17.9139

time : 1500
timeframe : h1

may 17, EURJPY,Daily: Today, the trading range 65 points Consider that on a pair at the current format is a bullish trend in the midst of them went through price 131.46. While the bears could not break through the daily support on 131.42, but predict that strikes . Once the green MA above the red-in the moment forecast to see new highs in the coming hours. The position opened on 131.25 and. on 137.50.Если пинбар will start in H1 drawn forecast correcte.

Eur/jpy analysis for 05.17.13 by using pivot indicator.

r3: 133.11
r2: 132.65
r1: 132.19

pivot: 131.73

s1: 131.27
s2: 130.81
s3: 130.35

see market movement pair EURJPY M30 timeframe will likely reversal down, but of course it would be better if we waited for a break in the 38.2% Fibonacci point. judging candlestick doji forming now it seems, so let's wait what will break the low candlestick or not.

https://lh5.googleusercontent.com/-6...5BUNSET%5D.png

I see the pair will go to down way to 131.08
so our target sell from 132.08 and our target will 100pips
Good luck