Eur/Jpy

The channel of up did not happen for the euro-yen. Doji daily candle closed and week-hung. Based on this starting to doubt the top. Yet, most likely waiting for a couple of break down or slow decline within the channel. At the opening on Monday will be seen, it is fashionable to put otlozhki to break through. In case of breaking down the first target will be 23.6 Fibo at 124.92, low on the previous h1

As long as pair is not crossed the falling wedge upper boundary I expect a break below 128.09 soon and then 126.71
to test 124.96 and with a break below 124.96 would trigger the target 118.73 where wave 2 of one larger degree
would be 38.2% of all the rise from the bottom 94.10 and that is also the wave Ivth of one lesser degree So as far as pair
is not corssed above 130.00 on daily basis I would prefer the bearish scenario And It will put pressure on the pair
to complete the correction target. And if you want to go short and have patience then watch 124.96 area carefull
and when we get a close below then place the stop around 126.00 just few pips above the recent confluence bull swing
Regards
Check the chart

http://i1292.photobucket.com/albums/...ps24742f5d.png

ye pair 8 montth sy buying tend me move kar raha he or still buying me ye kyon k abi b kuch nahi kaha jaskta k ye selling trend me agaya he kyon k apni support par khara he so buying should do from here .

I see the pair will go to down way to 127.46
stochastic refers that the pair will go down
so our target sell from 128.46 and our target will 100pips

:woo::happy:

Hi,
My preferance for Eur/Jpy (For the next week) is to sell from 128.00 and to stop loss at 131.00,
first take profit is at 127.00 and second at 126.00 (third is optional at 124.00).
Good luck for everyone :)

elliott correction zigzag 127.44 it looks more likely that it would rise to 129.41 - 130.51 from 128.06 or 127.51 after a dwon a downside move is expected

welcome;;;


price:128.46
will buy:129.46

:woo:

I see the pair will go to up way to 0.9424
rsi refers that the pair will go up
so our target buy from 0.9224 and our target will 200pips

Good luck

EURJPY,H1
Date 2013.06.24
Time 01:00

Spoiler:

http://charts.mql5.com/1/869/eurjpy-...orex-group.png

Open 128.38
High 128.93
Low 128.38
Close 128.90
Volume 415
SMA(5) 128.50
SMA(10) 128.37
SMA(20) 128.73
SMA(50) 128.77
SMA(100) 128.06
SAR 129.11

Indicator window 1
Stoch(5,3,3) 79.6875
Signal 73.2272

Indicator window 2
RSI(14) 54.2634

Indicator window 3
MACD(12,26,9) -0.081
Signal -0.105

Indicator window 4
%R(14) -26.7974

based on combination of indicators above,
trend : NEUTRAL

Eur/jpy analysis :

date : 06.24.13
time : 01:15 GMT
time frame : 15 min

current rate : 128.87
high : 129.13
low : 128.17
net change : 0.53%

overall trend : strongly bullish.