Eur/Jpy

The price is almost at the TMA resistance which have a red color as you can see on the AUDJPY chart By taking a quick look on the timing indicator below you can easily indicate a green line moving near the 70 th level A yellowandorange point is showing above the price to perform a sell signal on the short edge for the pair Target for any sell trades done through the day can be set on the green level as a good support by the TMA indicator but it is better to avoid entering as long as you can't get a red signal on timing indicator http://bigimage.cz/photos/20010102978399958468648.gif

On the EURJPY chart you can see a bearish trend due to the red color of the super trend and it is the main indicator to know the price movement direction.
The Nonlong dot is colored in red and that is an indication for a sell signal.
The signals now are showing a strong bearish trend also the sell trades can take place as long as the signals remain showing the same trend direction.
When we talk to the stop loss area we can think about two ways to end first if the price reaches the resistance of 0 and the second when the super trend changes its color to green that means that the bearish trend has ended.
http://bigimage.cz/photos/20010102978421866215557.gif

Daily forecast: EURJPY 21 Oct. 2014.

Technical analysis for Daily forecast of EURJPY 21 October, 2014. In Daily chart EURJPY shows bearish trend. At present EURJPY breaks 1st support level and going towards the 2nd support level. If 2nd support level breaks then next strong support level is 135.415.

Pivot: 136.714

Resistance levels

R1 137.161
R2 137.445
R3 137.892
R4 138.339

Support levels

S1 136.430
S2 135.983
S3 135.699
S4 135.415

Attachment 11940

http://i.imgur.com/JMtPKPa.png
analysis for today 10 / 21 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EUR/JPYon the date 10 / 20 / 2014
OPEN 136.70
HIGH 137.00
LOW 136.28
CLOSED 136.88

The third resistance (R3) 137.00 - ( 136.72 - 136.28 = 0.44 x 2 = 0.88 )= 137.88
The second Resistance (R2) 136.72 + 137.00 - 136.28 = 137.44
First resistance (R1) 136.72 x 2 = 273.44 - 136.28 = 137.16
pivot points 137.00 + 136.28 + 136.88 = 410.16 / 3 = 136.72
Support for the first (S1) 136.72 x 2 = 273.44 - 137.00 = 136.44
Support second (S2) 136.72 - ( 137.00 - 136.28 = 0.72 ) = 136.00
Third Support (S3) 136.28 - ( 137.00 - 136.72 = 0.28 x 2 = 0.56 )= 135.72

After breaking the support level at 136.28 I don't think that the price will rise again. We should look only for short opportunities in the current time.
http://i.imgur.com/dNSf0yY.png

forex me jo log full time job krte he jinka sara din computer pe guzarta he unki eyes effect hoti he eyesight weak hona shuru ho jati he hame apne work ke about kise ache eye specialist ke sath consult krna chahye or uski instructions ko follow krna chahye.forex me jo log full time job krte he jinka sara din computer pe guzarta he unki eyes effect hoti he eyesight weak hona shuru ho jati he hame apne work ke about kise ache eye specialist ke sath consult krna chahye or uski instructions ko follow krna chahye.

---------- Post added at 02:04 PM ---------- Previous post was at 02:03 PM ----------

forex me jo log full time job krte he jinka sara din computer pe guzarta he unki eyes effect hoti he eyesight weak hona shuru ho jati he hame apne work ke about kise ache eye specialist ke sath consult krna chahye or uski instructions ko follow krna chahye.

Eurjpy pair on the persistence of negative below the level of 137.00 to note machined to prompt negative thus achieving a level of 136.30, which already supports the control of the downside bias during the upcoming trades and remain on the downside until the price reaches the level of 134.10.
Stochastic succeed to reach saturation level in spite of the stability of the purchase price within the negative level, allowing an opportunity for Price to collect more bearish momentum during trading nearby and supports to achieve the target previously announced.
The trading range for today is expected between 137.00 and 134.10

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analysis for today 10 / 21 / 2014
EUR/JPY (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 136.72
Retracement (50%) 136.64
retracement (61,8%) 136.56

Extensions (61.8%) 137.44
Extensions (100.0%) 137.72
Extensions (138.2%) 138.00
Extensions (161.8%) 138.16
calculation based on a Fibonacci retracement then today I choose buy

pair- eur/jpy
analysis time frame- m15

http://i60.tinypic.com/w9hdow.jpg

the price is showing oversold as moving level 30 with rsi indicator. the price is continue falling with rejecting 136.43 level. this will be hit the lower daily support at 135.70 level then up movement can expected. hold the short entry with stop loss at 136.00
good luck

Eur/jpy analysis :

date : 10.21.14
time : 18:30 GMT
time frame : 15 min

current rate :135.96
high : 136.97
low : 135.69
net change : -0.67%

overall trend : slightly bullish