Eur/Jpy

the pair trade above the up trend

stochastic refers to up way

so the pair will continue to up way
http://www7.0zz0.com/2013/08/14/13/523196717.png

The pair remains under strong pressures bulls who have concentrated their forces in the slide alligator, and also significantly shift the support area to the north (from 129.68 to 129.80 130.00) - which indicates that the active purchases, Stochastic newly formed buy signal, I personally expect growth in the area of the upper mid-term fractal 130.60.

EUR/JPY pair price already touched Fibo 100.0 level. Now the price move to down ward. I think the price may touch daily pivot point (129.941).

http://i1311.photobucket.com/albums/...ps4721ebab.jpg

As you see in my following attached chart, the pair traded between a high of 130.44 and a low of 128.78, closed at 130.22. Today the pair trades below the resistance line of 130.65.
Downside Scenario: EUR JPY could decline to the levels of 129.00 then 128.10, if the resistance line of 130.65 holds.
Upside Scenario: Upside penetration of the resistance line of 130.65 could send the pair to the levels of 131.50 then 132.30.
http://2.bp.blogspot.com/-Kqf2Amhi1k...600/eurjpy.jpg

eur/jpy technical analysis by using : average directional movement index wilder(14) & average directional movement index(14) on 14.08.13


timeframe : 1 hour
time : 1900
market trend : up

adx wilder(14) level

style : 17.08
+di : 19.60
-di : 22.14

adx(14) level

adx : 22.74
+di : 10.62
-di : 17.69

http://charts.mql5.com/2/274/eurjpy-...orex-group.png


how are you

we can see in the 1d chart
the pair can close up the up trend line
i see the pair will go to up way to 132.01
rsi refers that the pair will go up
so our target buy from 130.01 and our target will 200pips

Good luck

EUR/JPY analysis by using pivot indicator. (H4)

R3 131.494
R2 130.854
R1 130.459

pivot 129.819


S1 129.179
S2 128.784
S3 128.144

we can see in the 1d chart
the pair trading down the 50.0
I see the pair will go to down way to 128.75
rsi refers that the pair will go down
so our target sell from 130.07 and our target will 132pips

http://charts.mql5.com/2/275/eurjpy-...orex-group.png


:respect::woo:

we can see in the 1h chart
the pair trading down the 50.0
I see the pair will go to down way to 129.25
macd refers that the pair will go down
so our target sell from 130.08 and our target will 83pips
Good luck

http://charts.mql5.com/2/275/eurjpy-...orex-group.png

:woo::happy:

Hi All :),
My preferance for tomorrow for Eur/Jpy is to sell from 130.07 and to stop loss at 131.07,
first take profit is at 129.57 and second at 129.07.
God Be with you in trading :)
:))):peace: