Eur/Jpy

[halloiasan]

As you can see on the EURJPY chart the price is moving at a down channel to lead the price for downward direction through the upcoming hours.
Now the price hits the lower edge of donchain channel and I can say that a trades can be open by now targeting the north edge of the channel.
Stostatic by the way have a buy signal by having a bullish intersection near the 20 th level.
Finally a buy signal is shown on the awesome oscillator as you can see by having the bars below the 0 level and also the last bar is colored by green To make a clear decision from the previous givens the price have a better chance to head down till the low level of donchain channel but if you face the down edge of manually drawn channel then you have to close any selling trades and for more strength for your trades waiting for a sell signals from awesome oscillator and stostatic is preferred

[maggie]

On the EURJPY chart we can see a bearish trend due to the Super trend's red color that is my main indicator to know the market direction.
The Nonlong dot is colored in red that indicates a sell signal.
The signal now shows a strong bearish trend and a sell trades are happening as long as the signals remain the same.
If we want to talk about the stop loss area there are two ways to determine first if the super trend changes into green color and if the price reaches 148.15 which is a resistance and that is the end of the bearish direction .

[mary]

The 3 fast EMAs is heading Below the slow EMA on the chart of EURJPY to let me think that we are on a beginning of a bearish trend for the upcoming day and according to that sell positions are very welcomed .
The parabolic sar indicator by the way offers a downward signal as you can see it's dots shown Above the candles of the price and also the MACD indicator perform another sell signal as you can see it moving Below the level of zero and in additional to that the downward signal of CCi is clear as it located near the it's Lower level .
I think you can agree with me that selling the pair is a winning trade as I think we are not facing bullish trend very soon .

[wench]

On our EURJPY pair today we can see that the price is taking a downward direction and that�s due to the red dots above the candles if the price kept its position lower than the strong resistance 146.95 which happens to be a weekly pivot level then I can assume that price would be taking a south direction till it reaches the weekly pivot support 143.19 .
On the other hand if the price penetrated the resistance at the level 146.95 and blue dots appeared indicating bullish signals then I can assume that the price will be taking a north direction till it reaches the resistance of the level 148.27 of the next Pivot level.
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[ANDRIAS]

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analysis for today 11 / 21 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EUR/JPYon the date 11 / 20 / 2014
OPEN 148.07
HIGH 149.12
LOW 147.88
CLOSED 148.23

The third resistance (R3) 149.12 - ( 148.41 - 147.88 = 0.53 x 2 = 1.06 )= 150.18
The second Resistance (R2) 148.41 + 149.12 - 147.88 = 149.65
First resistance (R1) 148.41 x 2 = 296.82 - 147.88 = 148.94
pivot points 149.12 + 147.88 + 148.23 = 445.23 / 3 = 148.41
Support for the first (S1) 148.41 x 2 = 296.82 - 149.12 = 147.70
Support second (S2) 148.41 - ( 149.12 - 147.88 = 1.24 ) = 147.17
Third Support (S3) 147.88 - ( 149.12 - 148.41 = 0.71 x 2 = 1.42 )= 146.46

[ducd3vaizo]

Daily Forecast

Pair: EURJPY
Major Trend: NEUTRAL
Time Frame: H4
Reason: The price has broken the support area at 147.94. Pivot point at 148.41 at the beginning of the opening of the market has been untouched. Price only correction to the previous support area at 147.94, after which it can predict the price will lead to 147.16. The moving average is moving downwards. Boolinger band +1 has broken with a candle sell.
Recommendation: Sell with a target of 147.16

[ahmed mustafa mohamed]

The price of the pair gained more positive momentum for the note passed to the level of 148.00 and settle clearly within the bullish channel as far as 147.00 is clearly drawing facility, the above makes us expect more positive goals

[ng1985]

pair- eur/jpy
analysis time frame- m15



the price is now break the support of the moving average 50 at the 148.45 level and moving down side. the rsi is showing overbought and parabolic sar in up trend side. if this is move above the 148.67 then it will again in major trend but if break 148.00 then short with take profit at 147.65

good luck.

[nininini]

According to the EURJPY hourly chart in front of us we can see that there is a bullish channel taking place in addition to that the red colored moving average is currently taking a down direction for the current period.

The prices where the market opened today got higher values than the daily pivot's point which is located at 147.51 taking that data we collected so far I do think that the price may keep heading down until it reaches the first daily pivot support which is located at the price 147.21 that of course if the WPR indicator didn't show any opposite signal which is upward in this case.

If the target got reached selling to 146.91 which in this case could be considered as the next support for the price to reach before the end of the day.

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[alii.hassan]

On the EURJPY chart the price in now having a bearish trend and the indication for that is the down red arrow above the price also you can find the sell cross between the snake and T2_clean on the 1H chart.
We have some levels that could effect on the direction like the support level at 147.5 which can be a good level to claim profits or to keep on your selling trades but in case of breaking it down and you can use the resistance level of 149.15 as a stop loss.
Unless there is an opposite buy cross occurs or a blue up arrow occurs then selling is the most right decision for the current time