-
http://prntscr.com/4wbjpg
analysis for today 10 / 15 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EUR/JPYon the date 10 / 14 / 2014
OPEN 136.23
HIGH 136.54
LOW 135.03
CLOSED 135.50
The third resistance (R3) 136.54 - ( 135.69 - 135.03 = 0.66 x 2 = 1.32 )= 137.86
The second Resistance (R2) 135.69 + 136.54 - 135.03 = 137.20
First resistance (R1) 135.69 x 2 = 271.38 - 135.03 = 136.35
pivot points 136.54 + 135.03 + 135.50 = 407.07 / 3 = 135.69
Support for the first (S1) 135.69 x 2 = 271.38 - 136.54 = 134.84
Support second (S2) 135.69 - ( 136.54 - 135.03 = 1.51 ) = 134.18
Third Support (S3) 135.03 - ( 136.54 - 135.69 = 0.85 x 2 = 1.70 )= 133.33
-
15.10.2014 7:07 EURJPY
EURJPY: consolidation after the publication of the volume of industrial production in Japan
Buy on a level breakthrough of 136.55 with 137.93 target. Stop loss = 136.00.
Reason for the trading strategy
Yesterday's collapse of the EURJPY cross-rate was provoked by the news about a decrease in industrial production in the euro zone by 1.8% (m/m). However, in Japan, a similar indicator decreased by 1.9% (m/m) in August. From a technical point of view, the resumption of euro purchases should be considered at the resistance level breakthrough of 136.55.
EURJPY, H4
https://www.exness.com/media/2014/10/15/3.png
-
pair- eur/jpy
analysis time frame- m30
http://i60.tinypic.com/xx6vn.jpg
the down movement of the price is hold at the supporting trend line 135.40 level. the up movement is break the moving average 50 ressitance at 135.60 level. the price is now at the resistance 136.00 side so long with stop loss at the 135.30 parabolic sar is also giving up trend signal.
good luck
-
The Eurjpy pair accurately strayed from the previously punched 136.56 support level indicated on the chart. When the pair broke through the newly formed level of support at a minimum 135.88 and still continues to decline at the current medium-term downtrend. Signal to buy the pair will now probe the newly formed resistance level of 136.56.
-
on the EURJPY one hour chart you can see a green arrow which indicates a bullish trend for now which has a top supporting it at 135.25 also it can be used as a strong support as the price shouldn't go above it the trend still as a bullish trend.
And the dots of the parabolic sar indicator located below the candles and that sign for the price to go up In case of there are buying trades are taking place then i think that the 136.05 is a good place to close a part from your opening trades because the price has a good chance to go down after hitting it http://bigimage.cz/photos/20141015141340946779962.gif .
-
We can see that the price of the EURJPY chart we can see that the price is moving above the EMA indicator wave to make a bullish direction during the day Also the RSI indicator shows a buy signal which shows by the line going above the center line of 35 This can be combined with the data from the Macd indicator that is shown by the green lines that going up to indicate that the market bulls are dominating on the market for now I think that you should think in going for bulls until another sell signals appears on the chart by getting the price below the wave of the EMA indicators.
http://bigimage.cz/photos/image/ .
-
On the EURJPY chart you can see a bullish trend due to the green color of the super trend and it is the main indicator to know the price movement direction.
The Nonlong dot is colored in blue and that is an indication for a buy signal.
The signals now are showing a week bullish trend also the buy trades can take place as soon as the Nonlog indicator have a changes to confirm the new direction.
When we talk to the stop loss area we can think about two ways to end first if the price reaches the support of 135.55 and the second when the super trend changes its color to red that means that the bullish trend has ended.
http://bigimage.cz/photos/20141016141341216890004.gif
-
On the EURJPY chart today we can see that the Gann SSI indicator is moving in a upward direction while making a green color which can only means that a up trend is to be taking place.
I think I’ll be concentrating on the buy orders for the time being unless the support area indicated by the grid at the price 135.05 got broken.
According to the Range indicator there is a blue colored range which indicates a buy direction at this moment.
In the end by using the signals coming from the filter indicator the blue bar on the indicator indicates that we should wait for it to confirm the buy entry.
http://bigimage.cz/photos/20141016141341325709361.gif .
-
When we see the chart of EURJPY there is up trend with up arrows and blue candles in Henkin Ashi indicatror In the same time T3-Clean indicator makes an intersection with thw Snake indicator which make buy signal for now Finally there is blue signal at the trend-session that shows a strong possibility for up trend if we saw the last signal I think we should choose buy orders and it is the best betting for now for the buy operation target the resistance 136.2 is the best point to claim your profits http://bigimage.cz/photos/20141016141341341207233.gif
-
On our EURJPY pair today we can see that the price is taking a upward direction and that’s due to the blue dots below the candles if the price kept its position higher than the strong support 135.1867 which happens to be a weekly pivot level then I can assume that price would be taking a north direction till it reaches the weekly pivot resistance 137.2867 .
On the other hand if the price penetrated the support at the level 135.1867 and red dots appeared indicating bearish signals then I can assume that the price will be taking a south direction till it reaches the support of the level 134.4533 of the next Pivot level.
http://bigimage.cz/photos/20141016141341511135963.gif .