Eur/Jpy

EUR JPY continues its tight trading between the main support around 129.45 and the moving average at 130.40 in spite of Stochastic getting rid of the negativity by settling around 80 level, thus breaching the moving average level to confirm the bullish bias control on the upcoming trading to visit 131.20 as an initial positive target. Therefore, we remain neutral until achieving the price for the previous levels to confirm the futuristic targets, we must mention that the bullish bias is preferred if the previously mentioned support level remains intact.
http://charts.mql5.com/2/413/eurjpy-...orex-group.png

EUR/JPY pair price already touched daily resistance 3 level (131.264) and upper trend line. Now the pair price is overbought. I think the price may touch Fibo 161.8 level.

http://i1311.photobucket.com/albums/...ps1b102bb4.jpg

2013.09.02 EUR/USD in TF H1 is Bollinger Bands = TREND UP, Elliot Wave = TREND UP, R S I = TREND UP, C C I = TREND UP, A D X = TREND UP, M A C D = TREND UP, Parabolic SAR = TREND UP, Stochastic = TREND DOWN, William Percent = TREND DOWN, Aaron = TREND UP
recomendation signal is FOR LONG TERM IS BULISH, but for now, market in over sold

EUR / JPY today showed strong growth impulse north, the pair broke through the strong resistance of 130.50 and then the pressure of the bulls could not resist climbing and 200 as the pair entered the correctional stage but the sales can now be forgotten, on 4-hour chart is fulfilled divergence of MACD, waiting for this Time out to 132.30.

eur/jpy ios not bad trading pair and many people do forex trading with this pair in second option when eur/usd is slow.

EUR / JPY broke the single pulse wave zone 3 medium-and upper fractals 130.57 sineyu Sliding alligator until the course entered the correctional south stage, starting with only the purchase and or after the breakdown of the current day high of 131.40, or when the second test but as a support for 130.57.

Imo EJ will go further north side and will touch 132.00. We know EJ= EU* UJ. Most of time we see negative correlation between EU and UJ. So this makes EJ so choppy. Currently it is most likely going to test the upper tl of the triangle and then it may continue go downward with EU. I expect EU will go for 1.3240 or above after making a new low or test the low of 1.3172. EJ will also will visit 132.xx . Then both EU and EJ will continue sell rally.

Attachment 8878

the trading rang for today is among the major support @ 115.55 and the key of resistance @ 117.70.
The general over short term basis is to the upside targeting 117 as far as area of 117.70 .

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=121,3), (R2=120,81), (R1=130,28), (Pivots=129,79), (S1=139,26), (S2=138,77), (S3=148,24)
recommendation:
place your sell stop at 129,59 target profit at 129,39 (Seller zones)
place your buy stop at 129,99 profit target at 130,19 (buyer zone)

After closing 2010 posting an 18.86% loss, EUR/JPY remains heavy, opening a new year below the 108.50 area.

The pair has moved further to the downside along the Asian session, and recently set a fresh 2-day low at 107.91 before bouncing slightly to the current level around 108.10.

Sharing her technical expertise, Valeria Bednarik, analyst at FXstreet.com, said, "Trend remains clearly bearish in the pair, with no signs of correcting or changing that trend right now. Short term talking, supports lie at 107.60 and 106.80 ahead of 106.00, while resistances come at 108.80 and 109.60 we need a strong consolidation above 110.40 to see the pair aiming to recover towards 112.00 price zone".

http://www.fxstreet.com/news/forex-n...6-3db68e9c2069