Eur/Jpy

[ng1985]

pair- eur/jpy
analysis time frame- m5



the price movement can see in the symmetrical triangle chart pattern. the price is having resistance with moving average 50 at 135.85 level and will fallin down. if this is break support 135.60 then make short entry with profit target at 135.25 and stop loss at 135.95
good luck

[ANDRIAS]

http://prntscr.com/4yjw3s
analysis for today 10 / 22 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EUR/JPYon the date 10 / 21 / 2014
OPEN 136.89
HIGH 136.92
LOW 135.69
CLOSED 136.04

The third resistance (R3) 136.92 - ( 136.22 - 135.69 = 0.53 x 2 = 1.05 )= 137.97
The second Resistance (R2) 136.22 + 136.92 - 135.69 = 137.45
First resistance (R1) 136.22 x 2 = 272.43 - 135.69 = 136.74
pivot points 136.92 + 135.69 + 136.04 = 408.65 / 3 = 136.22
Support for the first (S1) 136.22 x 2 = 272.43 - 136.92 = 135.51
Support second (S2) 136.22 - ( 136.92 - 135.69 = 1.23 ) = 134.99
Third Support (S3) 135.69 - ( 136.92 - 136.22 = 0.70 x 2 = 1.41 )= 134.28

[maggie]

On the EURJPY chart you can see a bearish trend due to the red color of the super trend and it is the main indicator to know the price movement direction.
The Nonlong dot is colored in blue and that is an indication for a buy signal.
The signals now are showing a week bearish trend also the sell trades can take place as soon as the Nonlog indicator have a changes to confirm the new direction.
When we talk to the stop loss area we can think about two ways to end first if the price reaches the resistance of 0 and the second when the super trend changes its color to green that means that the bearish trend has ended.

[clark]

On the EURJPY chart we can see that the prices are currently upper than that 15 EMA line which could act greatly as a bullish trend sign for the day.
A good upward direction signal is indicated by the power line indicator which is above the 50 level now.
Also a low power of the bullish trend is shown by the power momentum indicator which is really important as it can be used to filter the buy position's entry.
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[mary]

As we can see in the EURJPY chart the main trend is currently taking a down direction and that�s because of the position of the 5 and 6 EMAs which are below the 35 EMA and as a result taking sell positions is the right choice once I get the confirmation from the other indicators that the direction will be bearish .
The parabolic sar indicator shows that the price might be taking a upward direction according to the dots below the candles The MACD indicator is giving me a sell signal which is currently moving below the 0 level also the CCI line is performing a upward signal as is at the Higher level.
As a conclusion to what I said earlier I do think that selling would be the best choice for now according to the EMA locations that of course unless the price gave a bullish signal instead.
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[edenharry]

For today the EURJPY chart and after a daily opening Below the Daily pivot level that located at 136.45 the price seems to go north due to the signals which appears on the moving average indicator as we can see on the chart.
The 137.05 level is the next level that the price should face which is the nearest resistance to the price and it should break it up if we see new higher levels.
On the other hand the volumes of the last moves show a strong good Sell pressure to make the price for new bearish levels only if it can stay above the level of pivot point then we could face a bullish face a .

[jhonystatham]

For today the daily opening was lower than it was yesterday that can make us to say that the down trend occurs.
On the EURJPY chart and according to the new data we can see a red down arrow above the price that indicates a bearish signal on the short term trades.
We can guess that the last opening was at 135.75 and it can be used as a take profit because it can act as a strong support which the price will face difficulties to break it and go down At last I prefer to use a trading system to enter the trades and we can wait to see a clear red line of the check indicator and at the exact moment trader indicator have to be red so that we can be assured that there is a bearish trend before opening the sell positions.
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[shimy]

On the EURJPY chart we can see that the price is going to fall when it touches the up edge of the Bollinger bands indicator and the volume of the market is low at the current time according to the value on the volume indicator at the end edge of the chart and its value is 217 .
The price will face a strong Pivot level before going downward we can set the 135.74 level as a next support to be a primary take profit after that the 135.45 support is highly recommended and you can stop the losses at the level 136.69 if the price goes up .
To confirm the entry that is consisting of three indicators that is located in the middle of the chart so enter with the Moving average and the cross of the CCI is a good way to be more confirmed .
imagee

[achyut]

Daily forecast: EURJPY 22 Oct. 2014.

Technical analysis for Daily forecast of EURJPY 22 October, 2014. In Daily chart EURJPY shows bearish trend. At present EURJPY below the pivot point and going towards the 1st support level. If 1st support level breaks then next strong support level is 133.569.

Pivot: 136.216

Resistance levels

R1 136.746
R2 137.452
R3 137.982
R4 138.513

Support levels

S1 135.510
S2 134.980
S3 134.274
S4 133.569

[alii.hassan]

On the EURJPY chart the price in now having a bullish trend and the indication for that is the up blue arrow below the price also you can find the buy cross between the snake and T3_clean on the 1H chart We have some levels that could effect on the direction like the resistance level at 137.05 which can be a good level to claim profits or to keep on your buying trades but in case of breaking it up and you can use the support level of 135.65 as a stop loss Unless there is an opposite sell cross occurs or a red down arrow occurs then buying is the most right decision for the current time .