Eur/Jpy

[sobusbd]

euro rose to 5 month high against the yen on thusday as demand for single currency was boosted following strong demand an auction of spanish gov debt while expectations for more easing by the bank of japan.
that why eurjpy hit 104.07 during european early afternoon tradingthe pair highest since may 8 at 103.88 agining 0.32%.

[Bieela_cute]

Elliott: elongated flat correction up 104.13
One move lower to 103.07 or 102.57 is anticipated while below 103.66 - 103.90 area. Stop loss above 104.24 zone.
Warning: Imminent end of bullish move
Technical points
Key point 104.1300
Entry point 103.7300
Elliott 100.1500
Closing 103.5600
Projection 104.4400
Trendline 102.9100
Trendline 104.0200
Supports / Resistances
Res 2 104.2400
Ex-High 103.7500
Res 1 103.9000
Pivot 103.4100
Sup 1 103.0700
Ex-Low 102.9100
Sup 2 102.5700

[yudijoni]

Retention EURJPY at resistance at 103.87, the EURJPY probably fell back through 103.55 try again with the next target of 103.39 retrace area. We see 103.55 as a crucial point in favor of the decline, both in look at the hourly chart, successfully penetrated the price tends to point to 103.39 again.

[raihan8212]

The yen was little changed against the euro, with EUR/JPY adding 0.02% to 103.58.

Investors were looking ahead to the start of a two-day European Union summit on Thursday, although no major announcements on Spain or Greece were expected.

Meanwhile, the U.S. was to publish its weekly report in initial jobless claims, as well as data on manufacturing activity in Philadelphia.

[turabawan8]

18/10/2012 EUR/JPY Full Detailed ForeCast

Pivot point (level of invalidation): 103.1

Our preference: Long positions above 103.1 with target to 104 and 104.35 in extension.

Alternative scenario: Below 103.1 we expect further downside with 102.75 and 102.3 of targets.

Technical Comments: the RSI lacks upward momentum.

[hictor23]

EUR/JPY
SELL
Enter :- 103.690
TP1 :- 103.102
TP2 :- 102.516
SL :- 104.871

Note this is just my attempt to predict the price could be right or wrong stop-loss order is very important must put always follow the trend

[Dages0308]

The short term trend of the pair is to the upside. Intraday trading range of the pair is expected among key support at 101.60 and key resistance at 104.65. Based upon my chart analysis, I prefer to bbuying the pair above 102.60 with targets 103.10, 103.70 then 104.65 and stoploss with four hour candle closing below 101.60.

this is pattrn ascending alright sir?? great powerfull bullish... i think i want to buy but waiting make new HL. after that will be buy again..please corection...

[ashaab]

The short term trend of the pair is to the upside. Intraday trading range of the pair is expected among key support at 102.10 and key resistance at 106.30. Based upon my chart analysis, I prefer to buying the pair around 103.10 with targets 103.70, 104.65 then 105.25 and stoploss with four hour candle closing below 102.10.

[forexking2]

EUR JPY rose during the period prior to achieve a clear positive on the price of his arrival to the level of 103.40 and lasts since morning trading positively above the level of 102.80, which form of resistance against the pair

[hazem ahmed mohamed]

we have a support level on the daily chart @50% so i predict that EURJPY will move upward on the short term and i suggest buying this pair now our target point will be@61.8%.