Eur/Jpy

[pritishahfx]

EURJPY looks for momentum- analysis- 10/3/2015

The EURJPY settled clearly near 131.30 level, in spite of its stability within the bearish level due to stochastic attempt to surpass the oversold level, therefore, we would remain waiting for gathering new negative momentum that allows the price to resume the bearish attempts until reaching the main target at 128.70.

The stability in the current period below 133.50 level will support our bearish suggestion to continue its bearish attempts until reaching the previously waited target.

Expected trading range is between 132.40 and 128.75

Expected trend for today: bearish

[ducd3vaizo]

Daily Forecast

Pair: EURJPY
Major Trend: Bearish
Time Frame: H1
Reason: It is predicted that the market has reached the oversold area, it is likely the market will head back to 131.32.
Recommendation: Buy now with a long-term target at 131.32

[pritishahfx]

EUR/JPY Daily Outlook

Daily Pivots: (S1) 130.84; (P) 131.32; (R1) 131.94

With 133.57 minor resistance intact, further fall is expected to 130.13 support. Break will resume the whole fall from 149.76 and target next fibonacci level at 128.50. On the upside, above 133.57 minor resistance will dampen this bearish view and would extend the consolidation from 130.13 with another rise. But in that case, upside should be limited by 137.63 resistance to bring down trend resumption eventually.

In the bigger picture, a medium term top was formed at 149.76 on bearish divergence condition in weekly MACD. Deeper correction should now be seen to 38.2% retracement of 94.11 to 149.76 at 128.50 first. Based on current momentum, the correction could go deeper to 61.8% retracement at 115.36.

[pritishahfx]

EURJPY achieves the first target – Analysis - 09/03/2015

The EURJPY pair’s trading extended to the downside recently to reach the first target at 130.80 without offering any negative close below this level until now, and in general, the stability below the key resistance at 133.50 will keep the bearish bias dominant, and we will wait to break the current target to extend towards the second target at 128.75.

Stochastic still keeping its stability within the oversold level to confirm gathering more bearish momentum and to agree the moving average 55 negativity by settling above the current trading.

Expected trading range for today is between: 132.40 and 128.75

Expected trend for today: Bearish

[ng1985]

pair- eur/jpy
time frame to analysis- m30



the parabolic sar is in the down trend side and price break the support of moving average 50 at 131.30 level. the rsi indicator is falling down side. short with profit target at 130.60 and stop loss at the 131.95
good luck

[pritishahfx]

EUR/JPY Daily Outlook

Daily Pivots: (S1) 130.36; (P) 131.46; (R1) 132.03

Intraday bias in EUR/JPY remains on the downside for 130.13 support. Break will resume the whole fall from 149.76 and target next fibonacci level at 128.50. On the upside, above 133.57 minor resistance will dampen this bearish view and would extend the consolidation from 130.13 with another rise. But in that case, upside should be limited by 137.63 resistance to bring down trend resumption eventually.

In the bigger picture, a medium term top was formed at 149.76 on bearish divergence condition in weekly MACD. Deeper correction should now be seen to 38.2% retracement of 94.11 to 149.76 at 128.50 first. Based on current momentum, the correction could go deeper to 61.8% retracement at 115.36.

[fxearner]

eur/jpy me bahut he jada down hua hai aur esko abhi aur down hoga kahan ja raha hai lekin esko usd/jpy aur eur/usd ke saat dekhkar he trade karein to trader ko achha enty mil sakta hai..

[pritishahfx]

EUR/JPY Weekly Outlook

EUR/JPY's sharp fall last week suggests that the corrective rebound from 130.13 has completed already. Initial bias remains on the downside this week for a test on 130.13 first. Break will resume the whole fall from 149.76 and target next fibonacci level at 128.50. On the upside, above 133.57 minor resistance will dampen this bearish view and would extend the consolidation from 130.13 with another rise. But in that case, upside should be limited by 137.63 resistance to bring down trend resumption eventually.

In the bigger picture, a medium term top was formed at 149.76 on bearish divergence condition in weekly MACD. Deeper correction should now be seen to 38.2% retracement of 94.11 to 149.76 at 128.50 first. Based on current momentum, the correction could go deeper to 61.8% retracement at 115.36.

In the long term picture, rebound from 94.11 long term bottom is having an impulsive look and thus, indicates that it's far from being finished. While it's possibly now in a medium term correction from 149.76, such up trend is expected to resume after the correction completes.

[zxcvb]

With regard to trades that day will be watching the price movement among level (132.44) and level (132.89) to seize the opportunity of early entry, technical studies indicate that in the case of a sale, the nearest level can be tested is (132.11) In the case of increased sales to close four hours without this level, the downward trend will continue, on the other hand, in the case of purchases, the the closest level to be tested is (133.59) In the case of increasing purchases four-hour closing candle above this level, the upward trend will continue, support and resistance levels are as follows: support first ( 131.88) - the second support (131.25) - a first resistance (133.36) - a second resistance (134.22).

[pritishahfx]

EURJPY remains negative- analysis- 6/3/2015

The EURJPY kept its within the negative level if the broken support settled, which represents the critical resistance at 133.50 now, and that supports the continuation of the price attempt to form new negative waves, to wait for achieving the first target at 130.80, then the trading will extend towards 38.2% Fibonacci at 128.70 level.

If stochastic succeeds to reach the oversold level, so that will support gaining a new negative momentum, which supports our bearish suggestion until reaching the previously suggested targets.

Expected trading range is between 133.50 and 130.80

Expected trend for today: bearish.