Eur/Jpy

Eur/jpy technical analysis

date : 08.07.2013
time : 03:45 GMT
time frame : 15 min

indicator :

1) RSI (14)
value: 39.27

2) MACD (26,12,9)
value: 0.1177

3) ADX (14)
value: 18.82

4)CCI(14)
value: -39.14

overall trend - slightly bearish.

he truth is I'm still focused on the 128.30 more than 128.60, where a large buy ... And it is desirable to take it in two hours, not later - it may give a sliding H4 next candle. So far, there is no certainty that we get to 128.30

EUR/JPY pair price already touched daily support 3 level (128.756) and lower trend line. Now the pair try to move up ward. I think the price may touch Fibo 100.0 level.

http://i1311.photobucket.com/albums/...psfd96369c.jpg

eur/jpytechnical analysis by using : average directional movement

index wilder(14) & average directional movement index(14)

on 07.08.13


timeframe : 1 hour
time : 1300
market trand : downtrand

adx wilder(14) level

style : 39.17
+di : 18.93
-di : 31.08

adx(14) level

adx : 35.13
+di : 19.29
-di : 24.07

I think that we can make money if this pair is taken for a buy from this point we can make a lot of money if you ask me that we can take it 80 pips to the upside

The following data is predicted based on indicators that we use for the currency pair EURJPY today, for today's resistance levels as follows: RI (130.74) R II (131.13) R III (131.52). and to this day support levels as follows: SI (129.48) S II (129.14) S IIII (128.66)
recommendation:
place your sell LIMIT at 129.96 target profit at 129.76. (Seller zones)
place your buy stop at 130.36 profit target at 130.56 (buyer zone)

time frame- m30
the price is break is first move to the support at the 128.70 level and again moving to the up side. this is break the resistance at the 129.23 with the strong bullish candle. so its up movement is continue expected. we can long this pair with the take profit at 130.00 and stop loss at the 128.50
good luck

today i like to sell this pair @ 129.33
my stop loss of the day @ 129.53
half take profit for today @ 129.03
and further half take profit @ 128.77

pair today demonstrated a strong fall, the course was able to overcome a number of strong levels of support-among them, and 129.30, as we see on the 4 hour chart, the pair still has room to fall (as the nearest support level is around 128.00 figure), + on the daily chart are working on a bearish divergence macd.

Today, the course is very much down, visible area and bears - which is in the area of moving an alligator-earning their role trndovyh lines against this motion is better not to go until further reduce prevents zone 2 lower fractals 128.48, a break of which will open and 128.00 figure (an important psychological mark ) and 127.40.