Eur/Jpy

[ducd3vaizo]

Daily Forecast

Pair: EURJPY
Major Trend: Bearish
Time Frame: H1
Reason: When viewed from a montly TF, the market just a correction. Looks market has strong support at 134.53, Possible market will reject and turned upwards.
Recommendation: Sell with a target or buy limit at 134.53

[Gamabunta]

Basic levels of EUR/JPY:

136.50: medium-sale offers.

136.00: medium-sale offers.

135.96: Fibonacci retracement level rate of 76.4% during the course of the pair down from 136.70 to 133.55.

135.50: medium-sale offers.

135.22: Fibonacci retracement level of 61.8% during the course of the pair down from 135.65 to 134.52.

134.50: Buy requests medium.

134.12: Fibonacci correction rate of 76.4% during the course of the pair emerging from 133.55 to 135.99.

134.00: Buy requests medium.

133.50: Buy requests medium.

133.42: Fibonacci retracement level of 50% during the pair's trading range in 2015 between 130.15 and 136.70.

[ducd3vaizo]

Daily Forecast

Pair: EURJPY
Major Trend: Bullish
Time Frame: H1
Reason: Market has strong support at 61.8 Fibo at 134.59. For now the market has entered above the pivot point, and will go to the Fibo 161.8 in the third daily resistance at 136.07
Recommendation: Buy

[KAUL]

analysis for today 2 / 25 / 2015

EURJPY

Resistance : R1 135.72 R2 135.97 R3 136.17 R4 136.47
Support : S1 134.22 S2 133.97 S3 133.77 S4 133.47

Open : 134.90
High : 134.97
Low : 134.97
Range : .00 Pips
Running Price : 134.68

Strategy : SELL at the level 134.68 stop loss at the level 135.72 target take profit at the level 133.77 or at the level 133.47

[pritishahfx]

EURJPY is affected by the strength of the levels- analysis- 24/2/2015

The EURJPY settles within the sideways range’s levels to remain neutral for today, and to wait for reaching one of the levels then breaching it to detect the true trend in the upcoming period, we remind you that the stability above 132.15 level will support the price attempt to rally towards forming bullish waves, but we remind you that breaching 136.60 level is important to avoid any sideways fluctuation , to rally towards achieving the main positive target at 138.40.

Expected trading range is between 134.40 and 136.40.

Expected trend for today: neutral

---------- Post added at 07:19 PM ---------- Previous post was at 06:32 PM ----------

Although descending trend-line resistance continue restricting near-term EURJPY up-move, near 135.75, rising RSI signals intermediate up-move and a break of 135.75 could trigger pair's rally towards 137.60, including 338.2% Fibonacci Retracement of its December 2014 to January 2015 decline. On the break of 137.60, the 200-day SMA, presently at 139.30, immediately followed by the 50% Fibo level and psychological mark of 140, are likely resistances for the pair. Should the pair surpasses 140 level, it can surpass 141.50 level in a quick up-move. On the downside, 133.50 and the horizontal support at 132.40 can restrict immediate decline of the pair before it tests the January lows near the 130 psychological support. On the break of 130, the pair can become vulnerable to extend its decline towards August 2013 lows near 128 mark.

[Gamabunta]

I think that we can get in long position from the support level at 134.41 with take profit at 135.83.

[pritishahfx]

EUR/JPY Daily Outlook

Daily Pivots: (S1) 134.18; (P) 134.91; (R1) 135.38

4H

EUR/JPY is still staying above 132.53 minor support and intraday bias remains neutral. Corrective rebound from 130.13 might extend higher. But we'd expect upside to be limited by 137.63 resistance and bring fall resumption. Below 132.53 minor support will turn bias to the downside for retesting 130.13 first. Break will extend recent down trend and target next medium term fibonacci level at 128.50.

---------- Post added at 10:37 AM ---------- Previous post was at 08:36 AM ----------

D1

In the bigger picture, the break of 134.13 support should confirm medium term topping 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.

[KAUL]

analysis for today 2 / 24 / 2015

EURJPY

Resistance : R1 135.39 R2 135.64 R3 135.84 R4 136.14
Support : S1 134.44 S2 134.19 S3 133.99 S4 133.69

Open : 134.65
High : 135.19
Low : 134.64
Range : .55 Pips
Running Price : 135.11

Strategy : BUY at the level 135.11 stop loss at the level 134.44 target take profit at the level 135.84 or at the level 136.14

[pritishahfx]

No news for the EURJPY- analysis- 23/2/2015

The EURPY couldn’t surpass the main levels of the sideways level located at 133.60 by acting as the initial support and the initial resistance located at 136.40, we notice the continuation of the contradiction between stochastic which attempts to provide bullish momentum and the moving average 55 continues to decline, which confirm the domination of the sideways bias for today.

Therefore, we will remain aside until provide a clear new signal that allows us to detect the true trend without facing unexpected price change.

Expected trading range is between 134.40 and 136.40.

Expected trend for today: neutral.

[Gamabunta]

price pair Couldn't get out of the main axes profile level and fixed around 133.60 formation of the initial support and the stability of the initial resistance around 136.40, note also the continuation of the stochastic opposed to trying to be submitted to the determination of a rising while the moving average lasts 55 to land what assures us lateral tilt control on trading today.

From the above, we will stay on the sidelines until the success of the new price offer a clear indication of which we can determine the right direction without exposure to the price change is expected.

Expected trading range for today between 134.40 and 136.40