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The pair EUR / JPY yesterday but there was a slight increase in the level of resistance in the test price 141.67 pair failed and fell, and the stochastic oscillator on H1 chart signals on growth and therefore it is possible that the pair on Monday again will rise and can rise to the level of resistance price 141.75.
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weekly analysis for EURJPY
eurjpy zigzag or flat correction 142.18, No Pivot Points have been reached.
Elliott 140.08
Closing 141.48
Ex-Low 140.23
Ex-High 141.76
Support 1 140.55
Support 2 139.63
Resistance 1 142.08
Resistance 2 142.69
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Weekly analysis for EURJPY 21-25 apr 2014
EURJPY it should trade higher to 142.08 or above 142.69 in extention. Supports at 140.86 and 140.55. Stop loss below 139.63 zone.
Key Point 141.96
Entry Point 140.95
Trendline 1 141.01
Trendline 2 140.91
Support 1 140.54
Support 2 139.62
Resistance 1 142.07
Resistance 2 142.68
:)))[COLOR="Silver"]
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analysis for today 4 / 21 / 2014
EUR/JPY
Resistance : R1 142.19 R2 142.44 R3 142.64 R4 142.94
Support : S1 141.06 S2 140.81 S3 140.61 S4 140.31
Open : 141.52
High : 141.81
Low : 141.44
Range : 37 Pips
Running Price : 141.68
Strategy : BUY at the level 141.68 stop loss at the level 141.06 target take profit at the level 142.64 or at the level 142.94
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Eur/jpy today after opening up, after the exchange rate up to 141.80, now the price of around 141.7 consolidation ready, daily average 5 days on average 10 days, 4 hours of K-line form a double bottom, the expected price will continue to rise, the proposal to buy buy buy near: 141.5, stop 141.2, only the surplus 141.8,142.6
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I think EURJPY still in bullish condition now, and if we look on the chart, EURJPY is touching the resistance level at 141.70 now. Then, if EURJPY can break this resistance level successfully, I think it will open a chance for EURJPY to go up higher and reach the next resistance level at 142.37.
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Trading Signal - 21/04/2014 - 10:00 GMT +3
Instrument: EURJPY
60min CHART
Upwards Strong
A Medium probability, entry signal to go LONG was given at 141.30 after the market found support at 140.80. Only the downward break of 140.80 would cancel the bullish scenario.
Support & Resistances
141.10 141.80
140.80 142.70
140.20 144.30
http://dl.dropbox.com/u/51561036/scr...421-171044.jpg
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Daily analysis for EURJPY 21-04-2014
EURJPY preferred outlook is for a drift down to 141.35 or below 141.22. Resistances are at 141.48 and 141.50. A rise above 141.63 would delay but not abort this expected fall.
Key Point 141.70
Entry Point 141.68
Trendline 1 141.50
Trendline 2 141.76
Support 1 141.36
Support 2 141.23
Resistance 1 141.64
Resistance 2 141.79
:)))
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Daily Analysis for EUR/JPY
EUR/JPY elongated flat correction up 142.22, much higher, testing second daily resistance (141.78).
Elliott 140.23
Closing 141.48
Ex-Low 141.38
Ex-High 141.65
Support 1 141.35
Support 2 141.22
Resistance 1 141.63
Resistance 2 141.78
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analysis for today 4 / 22 / 2014
EUR/JPY
Resistance : R1 142.25 R2 142.50 R3 142.70 R4 143.00
Support : S1 140.92 S2 140.67 S3 140.47 S4 140.17
Open : 141.53
High : 141.67
Low : 141.50
Range : 17 Pips
Running Price : 141.59
Strategy : BUY at the level 141.59 stop loss at the level 140.92 target take profit at the level 142.70 or at the level 143.00