Eur/Jpy

Hi,,








in the chart 4h we can see the pair will go to down way in the future
I see the pair will go to 128.22
I expect from this analyze that the price will go to down way
so sell from 131.47 to 128.22
good luck

EUR/JPY Trading Signal - 19/7/2013 - 10:00 GMT+3 60min CHART Upwards Strong
The TP1 has been reached. We closed 50% of our position and have moved the Stop loss at the lock in profits level (130.50).
Provided the market conditions will remain the same the TP2 will be reached soon.
http://dl.dropbox.com/u/51561036/scr...719-234814.jpg

eur/jpy market analysis by using : average directional movement index wilder(14) & average directional movement index(14)

adx wilder(14) level

style : 18.38
+di : 24.81
-di : 15.66

adx(14) levels

adx : 14.30
+di : 15.60
-di : 18.46

time : 1800
date : 19.07.2013
timeframe : 1 hour

http://charts.mql5.com/2/76/eurjpy-h...orex-group.png


we can see in the 4h chart
the pair can close up the up trend line
i see the pair will go to up way to 132.75
rsi refers that the pair will go up
so our target buy from 131.75 and our target will 100pips

Good luck

we can see in the 4h chart
the pair will go down to fibo 23.6
I see the pair will go to down way to 130.72
macd refers that the pair will go down
so our target sell from 131.72 and our target will 99pips


http://charts.mql5.com/2/77/eurjpy-h...ex-group-2.png

hi;;;

time chart 4h

http://charts.mql5.com/2/77/eurjpy-h...ex-group-3.png


will buy:101.83
will go up:102.83
point:100

using trend line and stochastic refers that the pair will go up

Quote:

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Originally Posted by saiansh23

A break above channel resistance 130.56 gives me first indication that pair has broken through but as I last
mentioned it need to stay above 131.10 and 131.72 for a test of 133.81 As I mentioned in my last post
check the chart


http://i1292.photobucket.com/albums/...psf6153766.png

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A clear break above 131.72 was good enough But you need to be flexible as Japanse election is on Sunday So we can have gap coming in on Monday Opening Now I expect 131.60 to support the pair for the target of 134.20 But I would suggest to take profit around 133.80 the pair recent high And we will see there how price action unfolds
regards
Check the updated chart No worries If we did not get a surprise
http://i1292.photobucket.com/albums/...ps2438f067.png:good:

elliott elongated flat correction up 132.14 uptrend is still intact in a triangle configuration it should contiue to rally to 132.22 or 132.18 if support aaround 131.36 hold after which a pullback to 131.36 - 131.09 zone is possible
support and resistances
res2 132.72
res1 132.18
pivot 131.36
sup1 130.82
sup2 130.00

eur/jpy last day market analysis by using : average directional movement index wilder(14) & average directional movement index(14)

adx wilder(14) level

style : 18.65
+di : 28.76
-di : 13.30

adx(14) levels

adx : 15.96
+di : 22.73
-di : 12.67

date : 20.07.2013
timeframe : 1 hour

The big question in terms of European data next week is whether PMI indices can sustain their recent improving trend, and at what pace. We see good reasons to expect a further, moderate and uneven increase in July flash PMIs. The cyclical momentum has remained fairly supportive in the manufacturing sector at least, as reflected in June PMI forward-looking subcomponents. Improving regional surveys in the US are another piece of evidence suggesting global business sentiment could rebound in July. Meanwhile the slower pace of fiscal adjustment in Europe is still expected to translate into higher The big question in terms of European data next week is whether PMI indices can sustain their recent improving trend, and at what pace.