Eur/Jpy

[tradergalau]

If we see the current candle on H4 time frame, we can see that the current candle is breaking the support level at 100.43. Then, if the current candle can close below that support level, it means EURJPY breaks this support and it will give an opportunity for EURJPY to fall and reach the next support level at 99.49

[Bieela_cute]

Euro’s sharp retreat from 102.80 (last week’s high) adds credence to our view that top is formed there and as the rebound from 99.65 has ended at 102.80, consolidation with downside bias remains for further weakness towards psychological support at 100.00, however, break of minor support at 99.80 (last week’s low) is needed to signal early decline from 103.85 has resumed for deeper correction of early rise to 99.63-65, then towards 99.20-30.

[measif]

keep in mind the Bank of Japan is talking about intervention and if that happens, this pair will jump to the upside. We will have to wait and see.

[Orel]

\\\\On the hourly chart clearly noticeable downward channel, only that there was a retreat from the upper slope of the figure and the pair began to form the descending wave, opened the sale, the goal may be the bottom of the channel (figure of 100.00 + -).\\\\

[Irika]

As you might expect, the pair entered the northern correctional stage (from the moving average alligator), but the resumption of the northern trend I do not believe, I'm waiting for the completion of the correction and reduction of renewal will sell.

[Marki]

steam per hour chart has formed "an inverted head and shoulders" reversal formation began this work out, have broken through the neckline and the pair opened up a path at least to the level of 101.80 (subject to overcome the 200 MA).

[alskndry]

I think the bearish movement on EURJPY still strong enough. Now, EURJPY almost touch and move near the support level at 100.43. If EURJPY can break this support level, I think EURJPY has a big opportunity to fall and reach the lower support level at around 99.49.

[Dages0308]

i think Eur/JPY will be down...maybe in level area support fresh will be break. so i will buy...think so far so best to buy...if fresh support in break maybe best full buy. low risk and high reward.

[VANDA_S]

At the H4 chart, the price is below 12 EMA and 72 EMA indicates the trend is still down
21 RSI is below 50 indicates the trend is still down
RECOMMENDATION: SELL
Take profit: 99.85

[kakpay]

Same movement seen in 3 indicators for EURJPY movement today; GMMA with his two EMA groups showed that prices in the near future will likely signal a decline, although the significance level is still not very strong; MACD it shows the same thing with GMMA, but with a stronger level of significance, with the indicator area figures moving toward zero (0); Stochastics similar to the MACD is also showing strong indications that the number of indicators to try to penetrate into the area 20. If confirmation of the decline occurred during the day, then the range of support will be recorded in the areas of 100.29 (38.2% Fibonacci retracement), 99.68 (23.6% Fibonacci retracement) and 98.68 (0% Fibonacci retracement). However, if the opposite happens then it will be recorded in the resistance range of areas 100.79 (50% Fibonacci retracement) and 101.28 (61.8% Fibonacci retracement).