Eur/Jpy

According to the analysis made upon the EURJPY chart today I do notice that a strong bearish trend is taking place based on the oscillator which is now at 0.15 area located below the balance level while at the same time the indicator is giving us a red signal which makes a strong indication that a bearish direction is taking place on the short term.
The moving average 5 on the chart giving us a UP slope the top located at the price 147.08 could be considered a good stop loss for if there were sell orders indicated by the indicators we are using.
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As you can see on the EURJPY chart there are a bullish signal formed by the histogram indicator by getting a green line which appears above the level 0.
On the other hand the Market emotion indicators shows a kind of higher direction as you can see it is showing a green line for the last candle.
About the Guru indicator it is also showing a signal by seeing the line below the level 0 and the last bars is red then it is a good bearish signal.
Finally there are a buy cross formed by the two exponential moving averages 9 and 152 then you can consider a bullish trend on the coming candles.
As I think according to what you can see above buying is the side that I will choose in the current time and for a take profit the level of 147.77 is a good area as you can see it is the first resistance that the price can meet.
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The 3 fast EMAs is heading below the slow EMA on the chart of EURJPY to let me think that we are on a beginning of a bearish trend for the upcoming day and according to that sell positions are very welcomed .
The parabolic sar indicator by the way offers a upward signal as you can see it's dots shown below the candles of the price and also the MACD indicator perform another sell signal as you can see it moving below the level of zero and in additional to that the downward signal of CCi is clear as it located near the it's lower level .
I think you can agree with me that selling the pair is a winning trade as I think we are not facing bullish trend very soon .
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For today the daily opening was higher than it was yesterday that can make us to say that the up trend occurs.
On the EURJPY chart and according to the new data we can see a red down arrow above the price that indicates a bearish signal on the short term trades.
We can guess that the last opening was at 146.95 and it can be used as a take profit because it can act as a strong support which the price will face difficulties to break it and go down At last I prefer to use a trading system to enter the trades and we can wait to see a clear red line of the check indicator and at the exact moment trader indicator have to be red so that we can be assured that there is a bearish trend before opening the sell positions.
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The price is located above the blue line 147.01 of the MBFX indicator on the EURJPY chart for today and when taking a look on vestro indicator it makes a bullish saturation on its last move to form a buy signal for the coming time.
According to this considering a bullish trend is strongly recommended till the vestro indicates another signal taking a buy trades will be my choice for this day targeting the resistance levels at 147.52 and 147.83 on a row while you can use your sop level at the area of the upcoming support at 146.5 http://bigimage.cz/photos/20141211141828248170455.gif

eur/jpy To day support and resistance date.12/12/2014
Resistance 1:147.63
Resistance 2:148.00
Resistance 3:148.37
Power pivot:147.45
Support 1:147.15
Support 2:146.90
Support 3:146.65
Sell order:Bhai mary plan ya hai jub market support 1ko touch kry to sell k order lga den or se k tp support 2 ok kr den or stop loss resistance1 ok kr den
Buy order:jub market resistance1 ko touch kry to buy k order lga den or se k tp resistance2 ok kr den or se k stop loss support1 kr den.
Plan 2:sell order: jub market resistance3 ko touch kry sell order ok kr den or stop loss 20 pip kr den.
Buy order:jub market support3 ko touch kry to buy k order ok kr den.

The momentum indicator shows a clear cross on the EURJPY chart when the blue line heads below the red line to construct a very good selling signal for now.
On the Oracle Strength indicator a red color is shown and it is an indication for the bearish direction for the EURJPY pair.
The red color of the arrows can be a confirmation for the downward direction at the Oracle direction indicator.
As a result of the previous indicators the bearish trend would be appeared as the sell cross of the momentum indicator appears on the chart and the sell trades advised to be taken as the ATR indicator still showing a sell signals.
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As you can see on the EURJPY chart the price is moving at a down channel to lead the price for downward direction through the upcoming hours.
Now the price hits the lower edge of donchain channel and I can say that a trades can be open by now targeting the north edge of the channel.
Stostatic by the way have a sell signal by having a bearish intersection near the 20 th level.
Finally a sell signal is shown on the awesome oscillator as you can see by having the bars below the 0 level and also the last bar is colored by red To make a clear decision from the previous givens the price have a better chance to head down till the low level of donchain channel but if you face the down edge of manually drawn channel then you have to close any selling trades and for more strength for your trades waiting for a sell signals from awesome oscillator and stostatic is preferred http://bigimage.cz/photos/20141212141836593330934.gif

We can see that the price of the EURJPY chart we can see that the price is moving below the EMA indicator wave to make a bearish direction during the day.
Also the RSI indicator shows a sell signal which shows by the line going below 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 down to indicate that the market bears bulls are dominating on the market for now.
I think that you should think in going for bears until another buy until another above the wave of the EMA indicators .
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As you can see on the EURJPY chart there are a bearish signal formed by the histogram indicator by getting a red line which appears below the level 0.
On the other hand the Market emotion indicators shows a kind of lower direction as you can see it is showing a red line for the last candle.
About the Guru indicator it is also showing a signal by seeing the line below the level 0 and the last bars is red then it is a good bearish signal.
Finally there are a sell cross formed by the two exponential moving averages 9 and 152 then you can consider a bearish trend on the coming candles.
As I think according to what you can see above selling is the side that I will choose in the current time and for a take profit the level of 146.7 is a good area as you can see it is the first support that the price can meet.
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