Eur/Jpy

4H timeframe EUR/JPY TREAND
fibo-retracement show the trend is neutrall it is in 50% ratio
pivots : 126.56
resistance : 126.87
support : 126.25
but bollinger band still shows sign of down trend(bearish)

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Eur/jpy technical analysis

date : 06.17.2013
time : 08:30 GMT
time frame : 15 min

indicator :

1) RSI (14)
value: 63.54

2) MACD (26,12,9)
value: -0.1480

3) ADX (14)
value: 42.43

4)CCI(14)
value: 58.48

overall trend - slightly bullish.

the pair will go up to fibo
I see the pair will go to up way to 127.39
stochastic refers that the pair will go up
so our target buy from 126.39 and our target will 100pips

Good luck

This pair is growing up quick trying to recover its values of last weeks.
The actual Pivot points are

EURUSD H 4H D W M
R3 1.3351 1.3383 1.3457 1.3593 1.3671
R2 1.3347 1.3365 1.3415 1.3483 1.3457
R1 1.3343 1.3353 1.3378 1.3412 1.3225
PP 1.3339 1.3335 1.3336 1.3302 1.3011
S1 1.3335 1.3323 1.3299 1.3231 1.2779
S2 1.3331 1.3305 1.3257 1.3121 1.2565
S3 1.3327 1.3293 1.3220 1.3050 1.2333

The pair formed on the hourly chart converging triangle course now is testing the upper bound estimate of the figure (the point of tangency 126.80) - the mark of waiting for a rebound, stochastics formed a sell signal, should continue to reduce the bottom of the channel-support 125.20.

elliott flat correction dwon 124.72 one move lower to 127.45 or 124.33 is anticipated white below 132.19 - 133.75 area stop loss above 136.93 zone
res2 136.93
res1 133.75
piovt 130.63
sup1 127.45
sup2 124.33

The following data is predicted based on indicators that we use for the currency pair EURJPY this day, to this day resistance levels as follows: RI (128.08) R II (129.29) R III (130.41). and to this day support levels as follows: SI (124.06) S II (123.31) S IIII (121.51)
recommendation:
for the night in my opinion, the price is more dominant for continued bullish move up to the higher timeframe discover new h4

Hi,,








in the chart 1h we can see the pair will go to down way in the future
I see the pair will go to 131.19
I expect from this analyze that the price will go to down way
so sell from 126.69 to 131.19
good luck

the pair will go down to fibo
I see the pair will go to down way to 125.44
macd refers that the pair will go down
so our target sell from 126.44 and our target will 100pips


:peace::happy: