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pair- eur/jpy
time frame- m15
technical analysis-
http://i59.tinypic.com/2ntfo1d.jpg
the price is making triple top with having strong resistance at the 136.90 level and up movement is rejecting. the macd divergen is also higher to lower side. if the price move below the 136.30 make the short entry with take profit at 135.85
good luck.
Gained the price of the pair positive momentum strong submitted by the SMA 55 to note the proximity of the target due to the previous report and of about 137.30, price volatility currently supports the attempt to assemble it for a moment a new positive and note that the breach of the price to the level of 137.30 will open the door for him to achieve more goals starting from 138.15.
http://i.imgur.com/n2UqxUM.png
Continued to provide the pair price for some of the negative attempts during the day yesterday to achieve this 136.00 level and facing this axis moving average is clearly drawing facility, so we will stay on the expected bullish for the next steadily-level former and remain awaiting the arrival of the price to the level of 137.30 as the first positive goal near for the period.
http://i.imgur.com/886JYVg.png
pair- eur/jpy
time frame- m15
technical analysis-
http://i57.tinypic.com/6qdwjo.jpg
the down movement of the price is having strong support at the 136.00 level. the price is also making triple bottom chart pattern. its up movement is rejecting from the resistance at 136.43 level. hold the long entry but if price move below 135.80 then short with profit target at 135.36
good luck.
We note that the attempt to price stability below SMA 55 it will cancel the bullish outlook and price back to form a new negative waves to target this first level of 135.50.
Expected trading range for today between 136.00 and 137.30
General tendency is expected for today: UP.
http://i.imgur.com/886JYVg.png
The price of the pair made some sideway trading during yesterday its stability near the support of about 135.50 lacked upside momentum which supports pushed the price to the level of 138.20 again, so you must pay very close attention to the price behavior in the event of contact with the former for the support given to how important that confirm the general trend for the coming period.
http://i.imgur.com/LTS46Ql.png
The price of the pair influenced by some of the negative pressure during yesterday's trading to note its stability without the support level of about 135.50 to do that to postpone the emerging outlook for the current period, we expect the continuation of the negative oscillation while facing price for the extension of the broken resistance at 134.80 and the price to begin the formation of the rising waves expected previously.
http://i.imgur.com/WnmISiF.png
Trading Signal - 06/08/2015 - 10:00 (GMT +3)
Instrument: EURJPY
Time : 60min CHART
Trend & Condition : Upwards Weak
A Medium probability, entry signal to go SHORT was given at 135.54 after the market completed a bearish trend
reversal pattern. Only the upward break of 136.86 would cancel the bearish scenario.
Support & Resistances :
135.00 136.87
133.80 138.03
132.80 139.91
http://dl.dropbox.com/u/51561036/scr...806-222057.png
The pair maintained positive price stability above 134.80 to confirm the continuation of the ascending control near and medium term its stability currently around 136.00, so we will rely on the stability level of 134.80 to confirm the proposed positive and stay pending the arrival of the main objective at 138.20.
http://i.imgur.com/vdgCU6I.png
Trend: Bullish. Fibonacci 161.8 has been broken, and still has the potential to reach the 261.8 Fibonacci at 137.26. But not for today, because there will be sideway in the range of 136.40
Recommendation: Buy
Spoiler: