Eur/Jpy

[jai]

If a M15 close above 111.80 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 111.00 sell only and do not buy. If price closes back above it again do nothing

The range 111.80 and 111.00 is neutral area, any trade done in between is personal decision and not part of this analysis

[jai]

Aggressive intraday traders may take the advantage of the current sideways mode with long around 109.45 or short around 111.04 with tight stop loss

[Victoryindia]

Below 110.02 minor support should flip intraday bias back to the downside for retesting 108.01. Break of 108.01 will confirm decline resumption for 105.42/106.28 support zone.

[siddesh]

we can notice from the chart that the pair has closed it's daily candle under 111.00 , that's mean the down trend is expected and the pair might head to 110.50 then 110.00 , however the pair made a hourly correction

[siddesh]

If it would test that level again then we have to watch the bar closes around that level. Personally I still see that there is a back to 110.00 before going anyway

[Victoryindia]

On daily chart below we can see price has been moving sideways between 111.04 – 109.45 and need a daily close above 111.04 or below 109.45 to see clearer direction

[siddesh]

we can notice from the chart that the pair has closed it's daily candle under 111.00 , that's mean the down trend is expected and the pair might head to 110.40 then 110.00 , however the pair made a hourly correction

[siddesh]

Aggressive intraday traders may take the advantage of the current sideways mode with long around 109.45 or short around 111.04 with tight stop loss

[sagar]

the pair and as we can see from the chart is trading now above the level of 110.00 , so when ever the pair success in breaking 110.00 , that's mean the down trend will be assured and the pair might head to 109.60 and then 109.30

[Victoryindia]

The EURJPY was volatile but indecisive yesterday, made a Doji on daily chart. The bias is neutral in nearest term and there are no changes in my technical outlook. Key intraday resistance remains around 111.04.