Eur/Jpy

[khoiri]

when I was quite happy to use the eur / jpy because I think this is more advantageous although not so fast but pergerakanya ketepatanya level or can be said to be more accurate ...

[ashaab]

The short term trend of the pair is to the upside. Intraweek trading range of the pair is expected among key support at 100.75 and key resistance at 106.30. Based upon my chart analysis, I prefer to stay aside from the pair until we get a confirm setup for the upcoming big move.

[forexking2]

Expected trading range between 102.50 and 104.60
General tendency for the price: UP.

[raihan8212]

The euro softened against the yen on Monday, as growing uncertainty as to whether Greece will encounter difficulties securing its next shot of bailout money sparked demand for safe-haven currencies, the yen especially.

In Asian trading on Monday, EUR/JPY hit 102.95, down 0.09% and up from a low of 102.87 and off a high of 103.02.

The pair sought to test support at 102.70, Friday's low, and resistance at 103.93, Friday's high.

Greece has asked for a two-year extension to push through austerity measures in exchange for financial assistance.

The country will run out of money in mid-November, though members of the ruling coalition have balked at wage reforms, fueling fears Athens is digging its heels in amid negotiations with its troika of lenders, the International Monetary Fund, the European Central Bank and the European Commission.

Fears the European debt crisis will reheat in Greece sent the euro falling against the yen, a safe-haven currency.

Investors also avoided the euro to await German inflation data due out later Monday and unemployment numbers due out on Tuesday, opting instead to hide out in a wait-and-see mode.

The yen also demand as investors grew edgy over U.S. unemployment figures due out on Friday.

The Bureau of Labor Statistics will release its October jobs report on Friday, the last such report before November's U.S. presidential elections.

Japan is to release data on unemployment, household spending and industrial production, while the Bank of Japan will announce its latest decision with interest rates and monetary policy, which kept investors in the safety of the yen.

[romannil]

Eur/jpy technical analysis for 29.10.2012 by using : Auto pivot indicator.

resistance 3:105.26
resistance 2:104.67
resistance 1:103.86

pivot point :103.27

support 1:102.45
support 2:101.87
support 3:101.05

[tradergalau]

EURJPY had broken the support level at 103.18 on the last Friday. So, according to that breaking, I think EURJPY may continue falling today. In my view EURJPY may tries to touch or hits the next support level at around 102.19.

[Bieela_cute]

Elliott: elongated flat correction down 102.27
Market should not go lower than 102.84 - 102.43. After this move down it should go up to 103.51 - 103.79 area.
Warning: End of trend
Technical points
Key point 102.7700
Entry point 103.3100
Elliott 104.4300
Closing 102.9800
Projection 102.1000
Trendline 104.0400
Trendline 103.6600
Supports / Resistances
Res 2 104.5900
Ex-High 104.0400
Res 1 103.7900
Pivot 103.2400
Sup 1 102.4300
Ex-Low 102.6900
Sup 2 101.8800

[Vamos]

here are a couple good growth after reversal pattern formed like the head and shoulders, and the neck is the breakdown level of 103.10 so that if the price is not quickly come back you can count on a drop of about 150 points .

[Bieela_cute]

EURJPY next week

Elliott: correction zigzag 102.12
There are initial signs of a good corrective recovery towards 103.79 or even 104.15. Supports at 102.84 and 102.25 zone.
Warning: End of trend
Technical points
Key point 102.3200
Entry point 103.4600
Elliott 104.6000
Closing 102.9800
Projection 101.5400
Trendline 102.4200
Trendline 104.3400
Supports / Resistances
Res 2 105.3300
Ex-High 104.6000
Res 1 104.1500
Pivot 103.4200
Sup 1 102.2500
Ex-Low 102.6900
Sup 2 101.5200

[najmul.djd]

eur/jpy technical analysis by using : average directional movement index

adx : 28.8281
+di : 11.5935
-di : 18.9824
timeframe : 1 hour

time : 1900
date : 26.10.2012