EUR/JPY pair is now up trend. The price already breakout daily resistance 1 level (132.392). I think the price may touch daily resistance 2 level (132.652).
http://i1311.photobucket.com/albums/...ps8ba382ea.jpg
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EUR/JPY pair is now up trend. The price already breakout daily resistance 1 level (132.392). I think the price may touch daily resistance 2 level (132.652).
http://i1311.photobucket.com/albums/...ps8ba382ea.jpg
The EJ looks still on bullish trend. It still traded below the MA 480 (monthly) and MA 24 (Daily). Just try and wait until the price at oversold condition. It was reached when the WPR at -100. And set buy order on it.
http://my.jetscreenshot.com/demo/201...7i43-124kb.jpg
EUR/JPY intraday: Still BEARISH trend.
Pivot@ 132.55
My choice: Open SELL positions underneath 132.55 with targets at 131.95 and 131.65 in extension.
Alternate choice conditions: On top of 132.55 take a look for further up-side with 132.85 and 133.3 as targets.
http://dl.dropbox.com/u/51561036/scr...917-192153.jpg
today i like to sell this pair @ 132.73
my stop loss of the day @ 133.05
half take profit for today @ 132.43
and further half take profit @ 132.13
EUR JPY formed short term bullish wave by recording 132.40 to continue its bullish attempts as we expected previously to visit 133.10 followed by 133.80 as positive targets in the upcoming period, but we need to breach 132.65 which represents an initial resistance level to confirm the expected positivity. Stochastic keeps supporting the positivity by reaching 80 level as appears in the above chart to support gaining the required positive momentum to breach 132.00 in the upcoming trading.
http://charts.mql5.com/2/537/eurjpy-...orex-group.png
Eur/jpy analysis :
date : 09.17.13
time : 12:45 GMT
time frame : 15 min
current rate : 132.44
high : 132.67
low : 132.03
net change : 0.29%
overall trend : slightly bullish.
time frame- M15
the macd bar is close above the zero line and its also hold at the daily resistance at the 132.40 and moving up side with breaking the resistance at the 132.50. the price is having a good up trend movement so it will try to move at the resistance 133.00
trade type- long
target@133.00
stop loss@132.25
good luck.
eur jpy
awesome oscillator best indicator to signal to colors red colors down market and lime colors up market
up signal tp:30 pip
less:20 pip
three last day pair was dropped but now returned back to the work.my whole seanario for this pair will remain bullish as we can see daily chart though technical indicators providing mixed signals.
If EUR/JPY continues its advance into higher levels, it may encounter resistance at 117.80 (May 31 high), 118.50 (April 26 low) and 119.20 (May 3 low). To the downside, support levels lie at 117.16 (May 20 high), 116.90 (May 11 high), and 116.37 (May 26 high).