Eur/Jpy

[ducd3vaizo]

Daily Forecast

Pair: EURJPY
Major Trend: Bearish
Time Frame: H1
Reason: Market successful correction in weak support at 134.55, predicted, the market will turn into bullish. Is likely to retest the resistance at 135.85
Recommendation: Buy

[Gamabunta]

Basic levels of EURJPY:

136.50: medium-sale offers.

136.00: medium-sale offers.

135.45 / 50: Medium sales offers.

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

135.28: Fibonacci retracement level of 50% during the pair's trading range throughout the day between 135.99 and 134.57.

134.69: the current exchange rate.

134.50: Buy requests medium.

134.00: Buy requests medium.

133.50: Buy requests medium.

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

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

[pritishahfx]

EUR/JPY Daily Outlook

Daily Pivots: (S1) 134.00; (P) 134.94; (R1) 136.35

4H

Intraday bias in EUR/JPY stays neutral for the moment. Rebound from 130.13 might extend. 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 08:24 AM ---------- Previous post was at 08:23 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 / 23 / 2015

EURJPY

Resistance : R1 136.06 R2 136.31 R3 136.51 R4 136.81
Support : S1 134.95 S2 134.70 S3 134.50 S4 134.20

Open : 135.70
High : 135.70
Low : 135.31
Range : .39 Pips
Running Price : 135.56


Strategy : SELL at the level 135.56 stop loss at the level 136.06 target take profit at the level 134.50 or at the level 134.20

[Gamabunta]

I think that we have a good opportunity in monday to get in short position from the red trendline decree below with take profit at 133.53.

[pritishahfx]

EUR/JPY Technical Analysis: Downturn Confirmation Pending

Talking Points:

• EUR/JPY Technical Strategy: Flat
• Support: 133.81, 132.04, 129.17
• Resistance:137.64, 139.95, 142.27

The Euro may be readying to turn lower anew against the Japanese Yen anew having put in a bearish Evening Star candle pattern after bouncing as expected. A daily close below the 14.6% Fibonacci expansion at 133.81 exposes the 23.6% level at 132.04. Alternatively, a reversal above the 38.2% Fib retracement at 137.64 opens the door for a test of the 50% threshold at 139.95.
Positioning is inconclusive at this point, with prices offering no clear-cut and actionable signal to initiate a long or short trade. We will continue to remain on the sidelines for the time being, waiting for a compelling opportunity to present itself.

---------- Post added at 08:51 PM ---------- Previous post was at 08:38 PM ----------

EUR/JPY Mid-Day Outlook

Daily Pivots: (S1) 134.79; (P) 135.36; (R1) 135.79
4H
EUR/JPY dips mildly today but it's still staying above 132.53 minor support. Intraday bias stays neutral first. As noted before, while the recovery from 130.13 could still extend, 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.
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.

---------- Post added 02-21-2015 at 05:56 PM ---------- Previous post was 02-20-2015 at 08:51 PM ----------

EUR/JPY Weekly Outlook

D1
EUR/JPY's consolidative price actions from 130.13 continued last week and outlook is unchanged. Further rebound cannot be ruled out. But 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 06:14 PM ---------- Previous post was at 05:56 PM ----------

Weekly

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.

---------- Post added at 06:50 PM ---------- Previous post was at 06:14 PM ----------

Monthly

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.

[ng1985]

pair- eur/jpy
time frame to analysis- m30



the up movement of the price is again to the resistance of the moving average 134.85 level and having up trend signal with parabolic sar. if this break 135.25 long with profit target at 136.00 and stop loss at 134.20
good luck

[ducd3vaizo]

Daily Forecast

Pair: EURJPY
Major Trend: Bullish
Time Frame: H1
Reason: There is a surge in prices, in the American session. Predicted the market would lead to a 61.8 Fibo at 134.54. After that predicted, the market will lead to a pivot point at 135.36
Recommendation: Buy Limit at 134.54

[pritishahfx]

EURJPY continues the sideways range- analysis- 20/2/2015

The EURJPY price continued to form weak waves since the last period to form a clear sideways bias by holding around 135.00 level, the moving average 55 will increase the current trading to expect the fluctuation of the price between 133.60 level, to form the sideways level�s support, while 136.40 remains stable as an initial resistance for the sideways level.

We notice the continuation of the contradiction between stochastic which attempts to form a bullish wave and the moving average 55 negativity, and that increase the chances of the sideways bias domination in the near period, to remain waiting for surpassing the previous levels to detect the main trend in the upcoming period.

Expected trading range is between 134.40 and 136.40

Expected trend for today: sideways.

[Gamabunta]

Basic levels of EUR/JPY:

135.50: medium-sale offers.

135.24: Fibonacci retracement level of 61.8% during Mhesarh pair down from 135.94 to 134.10.

134.87: Fibonacci retracement level of 61.8% during the pair's trading range between 135.35 and 134.10.

133.50: Buy requests medium.

133.00: Buy requests medium.

133.42: Fibonacci retracement level of 50% during the course of the pair down from 130.15 and 136.70.