Eur/Jpy

Eur/jpy analysis for 08.29.2013 by using pivot indicator.

r3: 131.522
r2: 131.031
r1: 130.628

pivot: 130.137

s1: 129.734
s2: 129.243
s3: 128.840

hi
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 131.44
stochastic refers that the pair will go up
so our target buy from 130.44 and our target will 100pips


http://charts.mql5.com/2/386/eurjpy-...orex-group.png

Once in the prediction of several indicators for the technical analysis of currency pairs EURJPY on the market today are at the 130.13 pivot then I recommend you to do the open position BUY with some criteria such as the following
You put a take profit at 130.35 positions. You put a stop loss at 129.85 positions

that's indicator Bollinger Bands is Bullish then Support and resistance at
Pivots = 130.13
R1 = 130.63
R2 = 131.03
R3 = 131.53
S1 = 129.73
S2 = 129.23
S3 = 128.83

For long-term targets remain BUY with a target of 60 pips profit

eur/jpy wava analysis signal time frame 4h
indicator fibopiv-v2. best to trader
1 Resistance levels:130.48
2 Resistance levels:130.70
3 Resistance levels:131.04
0 piviot levels:130.14
1 Support levels:129.80
2 Support levels:129.58
3 Support levels:129.24
best indicator to signal RSI

i saw down signal at Daily timeframebig .candle sell two days ago as confirm.
http://www.hostimg.org/thumbnails/61...9b2be9880e.png

Daily pivot Fibonacci points: Resistance levels: R1: 131.00 R2: 130.70 R3: 130.40 Support levels: S1: 129.75 S2: 129.60 S3: 129.20

Eur/jpy technical analysis

date : 08.29.2013
time : 07:15 GMT
time frame : 15 min

indicator :

1) RSI (14)
value: 57.31

2) MACD (26,12,9)
value: 0.0034

3) ADX (14)
value: 13.89

4)CCI(14)
value: 175.85

overall trend - slightly bullish.

EUR/JPY Daily Outlook

Daily Pivots: (S1) 129.73; (P) 130.14; (R1) 130.63; More

Deeper fall is expected in EUR/JPY for 127.96 support. Overall outlook is that consolidation pattern from 133.80 top is still in progress. Break of 127.96 will suggest that the third leg of the pattern has started and should target 124.95. In case of another rise, we'd expect strong resistance below 133.80 to bring another fall to extend the consolidation.

In the bigger picture, medium term up trend from 94.11 has topped out at 133.80 on bearish divergence condition in daily MACD. Consolidation from there could extend with another fall to target 119.10 cluster support (38.2% retracement of 94.11 to 133.80 at 118.63). Strong support would be seen there, at least on initial attempt. But, break will target 61.8% retracement at 109.27. Nonetheless, considering the five wave structure of the rise from 94.11, we'd expect another medium term rally after completing the correction.

The following data is predicted based on indicators that we use for the currency pair EUR/JPY today, for today's support and resistance levels as follows: (R3=131,54), (R2=131,04), (R1=130,64), (Pivots=130,14), (S1=129,74), (S2=129,24), (S3=128,84)
recommendation:
place your sell stop at 129,94 target profit at 129,74 (Seller zones)
place your buy stop at 130,34 profit target at 130,54 (buyer zone)

on currency pairs EURJPY I have predicted that there is a signal BUY in the time frame H1
because I was referring to the indicator fibbonaci and pivot indicator to see support and resistance at R3=131.55, R2=131.05, R1=130.65, Pivots=130.15, S1=129.75, S2=129.25, S3=128.85
so I suggest to perform the requisite order BUY to
Take Profit 130.53 and Stop Loss 129.93
a target is likely to move by 40 pips