Eur/Jpy

Spoiler:

http://vvcap.net/db/kjqC6Ihtbwt0iBJxNMjN.png

Daily Forecast

Pair: EURJPY
Major Trend: NEUTRAL
Time Frame: H4
Reason: 50- 61.8 Fibonacci area can not be broken, can not penetrate the RSI line 50. Bollinger Bands began to shrink
Recommendation: Buy Stop at 142.82 with targets 142.99

http://prntscr.com/557gtl
analysis for today 11 / 11 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EUR/JPYon the date 11 / 10 / 2014
OPEN 142.81
HIGH 142.83
LOW 142.09
CLOSED 142.65

The third resistance (R3) 142.83 - ( 142.52 - 142.09 = 0.43 x 2 = 0.87 )= 143.70
The second Resistance (R2) 142.52 + 142.83 - 142.09 = 143.26
First resistance (R1) 142.52 x 2 = 285.05 - 142.09 = 142.96
pivot points 142.83 + 142.09 + 142.65 = 427.57 / 3 = 142.52
Support for the first (S1) 142.52 x 2 = 285.05 - 142.83 = 142.22
Support second (S2) 142.52 - ( 142.83 - 142.09 = 0.74 ) = 141.78
Third Support (S3) 142.09 - ( 142.83 - 142.52 = 0.31 x 2 = 0.61 )= 141.48

pair- eur/jpy
analysis time frame- m15

http://i57.tinypic.com/ranomd.jpg

the price is break the daily resistance level three at 143.71 level but again rejecting from the 144.00 level. the rsi movement is down side so its may be falling to correction. short at the 143.60 level with take profit at 143.20 and stop loss at 144.18
good luck.

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 140.6867 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 144.5067 .
On the other hand if the price penetrated the support at the level 140.6867 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 138.6233 of the next Pivot level.
http://bigimage.cz/photos/20010124980295631207406.gif .

Spoiler:

http://vvcap.net/db/j2Ew_ILi3kML7dJ0UzI_.png

Daily Forecast

Pair: EURJPY
Major Trend: Bullish
Time Frame: H4
Reason: 423.6 fibo area has been penetrated, formed a new Fibo. And there will be a correction in the price of 144.19 to 143.83 Taking into pivot point daily pivot point untouched. RSI has been in overbought area.
Recommendation: Buy Limit at 144.19 with targets 145.01

EUR/JPY is dancing above the ichimoku cloud but failed to break above a key resistance level at 143.42 last week and is approaching a bearish target at 142. A break below this level could open doors for more drops towards 140.35 while a break above 143.42 would change our outlook to bullish with 145 as first alternative target.

http://investdiva.com/wp-content/upl...d-on-right.png

Watch more in our video!

http://prntscr.com/55inev
analysis for today 11 / 12 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EUR/JPYon the date 11 / 11 / 2014
OPEN 142.64
HIGH 144.49
LOW 142.58
CLOSED 144.41

The third resistance (R3) 144.49 - ( 143.83 - 142.58 = 1.25 x 2 = 2.49 )= 146.98
The second Resistance (R2) 143.83 + 144.49 - 142.58 = 145.74
First resistance (R1) 143.83 x 2 = 287.65 - 142.58 = 145.07
pivot points 144.49 + 142.58 + 144.41 = 431.48 / 3 = 143.83
Support for the first (S1) 143.83 x 2 = 287.65 - 144.49 = 143.16
Support second (S2) 143.83 - ( 144.49 - 142.58 = 1.91 ) = 141.92
Third Support (S3) 142.58 - ( 144.49 - 143.83 = 0.66 x 2 = 1.33 )= 141.25

Trading Signal - 12/11/2014 - 10:00 (GMT +2)
Instrument: EURJPY
Time : 60min CHART
Trend & Condition : Upwards Strong
The TP1 has been reached. We closed 50% of our position and have moved the Stop loss at the lock in profits level (143.00).
Provided the market conditions will remain the same the TP2 will be reached soon.
Support & Resistances :
143.40 145.20
143.20 145.50
142.70 145.80

http://dl.dropbox.com/u/51561036/scr...112-212649.jpg

The EURJPY rebounded off the 100% extension taken from the decline off the December 2014 high with today’s outside reversal day shifting our near-term focus back to the shelter deck. A breach on top of the weekly gap vary is required to validate the scalp bias with such a situation eyeing resistance targets. Note that the broader outlook remains weighted to the draw back and that we would inevitably look to sell this advance- a rally into 137.67 would have U.S.A. craving for short-triggers.

pair- eur/jpy
analysis time frame- m30

http://i60.tinypic.com/2s8ogmt.jpg

the up movement of the price is rejecting down from the pivot point at 143.83 level and also having resistance with moving average 50. now the price is lower supporting trend side. short with take profit at 143.00 and stop loss at the 143.95
good luck.