If EUR/JPY continues its advance into higher levels, it may encounter resistance at 117.80. eur/jpy day down what about tomorrow see the market decided.
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If EUR/JPY continues its advance into higher levels, it may encounter resistance at 117.80. eur/jpy day down what about tomorrow see the market decided.
http://prntscr.com/4bmdk1
analysis for today 8 / 11 / 2014
EUR/JPY
Resistance : R1 137.49 R2 137.74 R3 137.94 R4 138.24
Support : S1 136.24 S2 135.99 S3 135.79 S4 135.49
Open : 136.99
High : 136.99
Low : 136.74
Range : .25 Pips
Running Price : 136.86
Strategy : BUY at the level 136.86 stop loss at the level 136.24 target take profit at the level 137.94 or at the level 138.24
http://prntscr.com/4br9pa
analysis for today 8 / 11 / 2014
EUR/JPY (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 136.47
Retracement (50%) 136.33
retracement (61,8%) 136.18
Extensions (61.8%) 137.68
Extensions (100.0%) 138.14
Extensions (138.2%) 138.60
Extensions (161.8%) 138.89
calculation based on a Fibonacci retracement then today I choose buy
http://prntscr.com/4byklx
analysis for today 8 / 12 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EUR/JPYon the date 8 / 11 / 2014
OPEN 136.99
HIGH 136.99
LOW 136.59
CLOSED 136.77
The third resistance (R3) 136.99 - ( 136.78 - 136.59 = 0.19 x 2 = 0.39 )= 137.38
The second Resistance (R2) 136.78 + 136.99 - 136.59 = 137.18
First resistance (R1) 136.78 x 2 = 273.57 - 136.59 = 136.98
pivot points 136.99 + 136.59 + 136.77 = 410.35 / 3 = 136.78
Support for the first (S1) 136.78 x 2 = 273.57 - 136.99 = 136.58
Support second (S2) 136.78 - ( 136.99 - 136.59 = 0.40 ) = 136.38
Third Support (S3) 136.59 - ( 136.99 - 136.78 = 0.21 x 2 = 0.41 )= 136.18
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analysis for today 8 / 12 / 2014
EUR/JPY
Resistance : R1 137.40 R2 137.65 R3 137.85 R4 138.15
Support : S1 136.13 S2 135.88 S3 135.68 S4 135.38
Open : 136.76
High : 136.88
Low : 136.65
Range : .23 Pips
Running Price : 136.67
Strategy : BUY at the level 136.67 stop loss at the level 136.13 target take profit at the level 137.85 or at the level 138.15
Trading Signal - 12/08/2014 - 10:00 GMT +3
Instrument: EURJPY
60min CHART
Upwards Weak
Waiting for a retracement lower towards the 136.40 support level,in order to reinstate LONG positions.
The market is testing resistance at 137.20. We are waiting to see reversal signals in order to
reinstate SHORT positions. Next important resistance the 138.00 level.
Support & Resistances
136.40 137.20
135.50 137.50
13.00 138.00
http://dl.dropbox.com/u/51561036/scr...812-194825.jpg
http://prntscr.com/4c31xl
analysis for today 8 / 12 / 2014
EUR/JPY (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 136.74
Retracement (50%) 136.79
retracement (61,8%) 136.84
Extensions (61.8%) 136.34
Extensions (100.0%) 136.19
Extensions (138.2%) 136.04
Extensions (161.8%) 135.94
calculation based on a Fibonacci retracement then today I choose sell
http://prntscr.com/4c9yzp
analysis for today 8 / 13 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EUR/JPYon the date 8 / 12 / 2014
OPEN 136.76
HIGH 136.88
LOW 136.36
CLOSED 136.71
The third resistance (R3) 136.88 - ( 136.65 - 136.36 = 0.29 x 2 = 0.58 )= 137.46
The second Resistance (R2) 136.65 + 136.88 - 136.36 = 137.17
First resistance (R1) 136.65 x 2 = 273.30 - 136.36 = 136.94
pivot points 136.88 + 136.36 + 136.71 = 409.95 / 3 = 136.65
Support for the first (S1) 136.65 x 2 = 273.30 - 136.88 = 136.42
Support second (S2) 136.65 - ( 136.88 - 136.36 = 0.52 ) = 136.13
Third Support (S3) 136.36 - ( 136.88 - 136.65 = 0.23 x 2 = 0.46 )= 135.90
http://prntscr.com/4cda6p
analysis for today 8 / 13 / 2014
EUR/JPY
Resistance : R1 137.36 R2 137.61 R3 137.81 R4 138.11
Support : S1 136.16 S2 135.91 S3 135.71 S4 135.41
Open : 136.70
High : 136.91
Low : 136.61
Range : .30 Pips
Running Price : 136.89
Strategy : BUY at the level 136.89 stop loss at the level 136.16 target take profit at the level 137.81 or at the level 138.11
pair- eur/jpy
chart analysis time frame- m30
http://i58.tinypic.com/risnbn.jpg
the rsi indicator is showing over bought and in the price chart its up movement is rejecting from the daily resistance at 137.17 level and falling down side. if this is move below 136.94 then make short entry with profit target at 136.70
good luck