Eur/Jpy

[smart]

The pair arrived yen resistance level for the descending channel in sync with the stochastic entering overbought areas, which keeps our expectations for the downside list effective and supported by SMA 50, which protects the resistance for the descending channel mentioned.
We recall that the break of 77.65 will gain suggested bearish trend accelerated.
Expected trading range for today is between: Support 76.30 Resistance 78.30

General tendency is expected for the day: Down

[romannil]

Eur/jpy technical analysis for 03.10.2012 by using : Auto pivot indicator.

resistance 3:102.08
resistance 2:101.65
resistance 1:101.32

pivot point :100.89

support 1:100.56
support 2:100.13
support 3:99.80

[dollar]

I think EURJPY is trying to reach the resistance level at 101.30. But in my view, the up trend is not too strong now. So, it will be better to wait and watch the price action that will happen on 101.30 resistance level. if EURJPY can break that level, this pair may continue going up to the next resistance level at 102.19.

[hazem ahmed mohamed]

as we have a support level on the daily chart @38.2% so i predict that this pair will move upward on the short term so i suggest buying this pair now our target point will be@50% level.

[new-FX]

Rose pair EUR/ JPY today night to levels of 101.00 and tried to burn strong resistance at this level but bounces
Stochastic gives negative signals make the pair closer to land ... And if the price break SMA 55 has up to levels of 99.80

With reference to the break of 101.00 and top closures him pay the price for the rise towards 101.71 levels

[Monik]

\\\\\Hold a long position, the pair consolidated above the moving alligator stochastics on a larger time frame showed a buy signal, similar to the maximum movement will be weeks - the level of 103.00.\\\\\

[Monik]

Hold a long position, the pair consolidated above the moving alligator stochastics on a larger time frame showed a buy signal, similar to the maximum movement will be weeks - the level of 103.00.

[Tomi]

MASD on the hourly chart drew a small divergence, the couple had just walked to the strong resistance level of 101.00 (figure), there are strong rebound in the south, I think the course has come down to the level of 99.80, holding the short position.

[VANDA_S]

Pada chart H1 ,harga berada diatas 12 EMA dan 72 EMA menandakan trend masih naik
50 RSI berada diatas area 50 menandakan trend masih turun
Opsi :BUY
Take profit:101.63

[raihan8212]

The euro strengthened against the yen on Tuesday after reports emerged that Spain may be closer to seeking a bailout, which would fuel hopes the eurozone was closer to firewalling and extinguishing its debt crisis.

In Asian trading on Thursday, EUR/JPY hit 100.66, up 0.15%, up from a low of 100.55 and off a high of 100.67.

The pair sought to test support at 99.79, Monday's low, and resistance at 101.03, Monday's high.

The single currency saw demand after Spain's finance minister reportedly said the country was studying financial aid blue prints with the European Central Bank.

Spain announced recent bank stress tests revealed financial institutions need EUR60 billion to return to health, and European Union Commissioner Olli Rehn said earlier that he doesn't expect bank recapitlization efforts to affect the country's structural deficit.

Rehn added the country's 2012 deficit target is within reach, which propped up the euro. 


The news sparked demand for the euro, which sparked a selloff of safe-haven currencies such as the Japanese yen.

Concerns the Moody's rating agency's may down****e Spain's sovereign rating to junk status kept the euro's gains at bay.

Elsewhere in Europe, the unemployment rate remained unchanged at 11.4% in August, in line with expectations.

Bolstering the currency further, however, were revised data that showed that the eurozone's manufacturing purchasing managers' index improved to 46.1 in September from 46.0 the previous month.

The euro, meanwhile, was up against the pound and flat against the Canadian dollar, with EUR/GBP trading up 0.05% at 0.7994 and EUR/CAD unchanged at 1.2662.

Later Tuesday, Spain will update changes to the number of unemployed workers, while the single currency bloc is also to release data on producer price inflation.