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pair- eur/jpy
chart analysis time frame- m30
http://i57.tinypic.com/10p3axl.jpg
the price is up movement is rejecting from the fibo resistance 61.8 at the price 138.64 level. but lower side it is supported 138.40 and moving up. parabolic sar is also giving up movement signal so this may break resistance. long with take profit at 138.90 and stop loss at the 138.30
good luck
In the European and U.S. sessions later EURJPY will likely continue to rise, it is seen as it has dropped by more than 40 pips, if any movement is likely to go up a few pips towards the 138.88 - 139.00 then down again to the pivot area.
http://s14.postimg.org/ept9g7ujl/bieela_2014_06_24.jpg
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analysis for today 6 / 24 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EUR/JPYon the date 6 / 23 / 2014
OPEN 138.76
HIGH 138.79
LOW 138.26
CLOSED 138.64
The third resistance (R3) 138.79 - ( 138.56 - 138.26 = 0.30 x 2 = 0.61 )= 139.40
The second Resistance (R2) 138.56 + 138.79 - 138.26 = 139.09
First resistance (R1) 138.56 x 2 = 277.13 - 138.26 = 138.87
pivot points 138.79 + 138.26 + 138.64 = 415.69 / 3 = 138.56
Support for the first (S1) 138.56 x 2 = 277.13 - 138.79 = 138.34
Support second (S2) 138.56 - ( 138.79 - 138.26 = 0.53 ) = 138.03
Third Support (S3) 138.26 - ( 138.79 - 138.56 = 0.23 x 2 = 0.45 )= 137.81
Trading Signal - 24/06/2014 - 16:00 GMT +3
Instrument: EURJPY
60min CHART
Upwards Weak
The market is testing support at 138.60. We are waiting to see reversal signals in order to reinstate
LONG positions. Next important support the 138.40 level.
Support & Resistances
138.60 139.00
138.40 139.30
138.20 139.80
http://dl.dropbox.com/u/51561036/scr...624-234849.jpg
http://prntscr.com/3w1hwn
analysis for today 6 / 24 / 2014
EUR/JPY (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 138.59
Retracement (50%) 138.53
retracement (61,8%) 138.46
Extensions (61.8%) 139.12
Extensions (100.0%) 139.32
Extensions (138.2%) 139.52
Extensions (161.8%) 139.65
calculation based on a Fibonacci retracement then today I choose buy
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analysis for today 6 / 25 / 2014
EUR/JPY
Resistance : R1 139.29 R2 139.54 R3 139.74 R4 140.04
Support : S1 137.98 S2 137.73 S3 137.53 S4 137.23
Open : 138.70
High : 138.73
Low : 138.54
Range : .19 Pips
Running Price : 138.57
Strategy : BUY at the level 138.57 stop loss at the level 137.98 target take profit at the level 139.74 or at the level 140.04
pair- eur/jpy
chart analysis time frame- m30
http://i62.tinypic.com/2m69yyp.jpg
the down movement of the price is not able to break the fibo support 50 level at the 138.60 level and moving up. the price having up trend signal with parabolic sar and above the daily pivot level 138.67. long with profit target 138.90 and stop loss at the 138.50
good luck
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analysis for today 6 / 26 / 2014
EUR/JPY
Resistance : R1 139.36 R2 139.61 R3 139.81 R4 140.11
Support : S1 138.07 S2 137.82 S3 137.62 S4 137.32
Open : 138.81
High : 138.82
Low : 138.61
Range : 21 Pips
Running Price : 138.67
Strategy : BUY at the level 138.67 stop loss at the level 138.07 target take profit at the level 139.81 or at the level 140.11
eurjpy pair merely bounced coming from its assistance 114..
i think at this point it is day about this pair in order to zip up..it can be purchased via here till 117..
thsi pair is actually not showing too much move..but for today their notifications are suggesting on this much single
In H4 chart of EURJPY pair so that the Ascending fibo channel connected there, it indicated the price will going upside to reach and test the upper barrier at 138.87. But, in case the price breakdown 137.69 then bearish is become preferable to follow again.