Eur/Jpy

[Ex.ness Support]

25.08.2014 9:09 EURJPY
In the short-term perspective, the EURJPY pair may test the resistance level of 138.00

Buy on rebound from 137.33 level with 138.00 target. Stop loss = 136.80.

Reason for the trading strategy.

Significant weakening of the yen against the United States dollar contributed to the purchasing of other yen courses, including the EURJPY. Meanwhile, a statement by M. Dragi on the readiness of the ECB to take additional measures to fight deflation in the euro zone will continue to be a medium-term bullish factor for the euro. From a technical point of view, after adjusting the support level of 137.33, the EURJPY pair may again attempt to test the level of 138.00.

EURJPY, Daily

[BURHANFX]

http://prntscr.com/4g8amz
analysis for today 8 / 25 / 2014
EUR/JPY (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 137.73
Retracement (50%) 137.65
retracement (61,8%) 137.57

Extensions (61.8%) 138.41
Extensions (100.0%) 138.67
Extensions (138.2%) 138.93
Extensions (161.8%) 139.09
calculation based on a Fibonacci retracement then today I choose buy

[KAUL]

http://prntscr.com/4g6uie
analysis for today 8 / 25 / 2014

EUR/JPY

Resistance : R1 138.15 R2 138.40 R3 138.60 R4 138.90
Support : S1 136.91 S2 136.66 S3 136.46 S4 136.16

Open : 137.58
High : 137.66
Low : 137.40
Range : 26 Pips
Running Price : 137.58

Strategy : SELL at the level 137.58 stop loss at the level 138.15 target take profit at the level 136.46 or at the level 136.16

[Emi]

http://prntscr.com/4fkkgl
analysis for today 8 / 25 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EUR/JPYon the date 8 / 22 / 2014
OPEN 137.90
HIGH 137.99
LOW 137.31
CLOSED 137.61

The third resistance (R3) 137.99 - ( 137.64 - 137.31 = 0.33 x 2 = 0.65 )= 138.64
The second Resistance (R2) 137.64 + 137.99 - 137.31 = 138.32
First resistance (R1) 137.64 x 2 = 275.27 - 137.31 = 137.96
pivot points 137.99 + 137.31 + 137.61 = 412.91 / 3 = 137.64
Support for the first (S1) 137.64 x 2 = 275.27 - 137.99 = 137.28
Support second (S2) 137.64 - ( 137.99 - 137.31 = 0.68 ) = 136.96
Third Support (S3) 137.31 - ( 137.99 - 137.64 = 0.35 x 2 = 0.71 )= 136.60

[Gamabunta]

As we can see the price failed in breaking the resistance at 137.99 and it is now falling down to the support level at 137.60.
I think that we can sell if he break this support level and buy if he failed in doing that.

[naseebforex]

ya be ak acha p[er ha sab is kam ko like karta ha ap be is kam ko likekaro r pisa ako sab ko is ma boht pisa milta ha sab kla liy ha ap be is kam ko like karo or pisa kamo ap ko is ma boht pisa milta ha is ma ap ko trad karna ha to is ma ap ko pisa zayda invsy karna cahya

[kmhasan]

at this point is very little cap on everyting that you are doing considering if you end up eaning a living and een being allowed to are working for diffewrence with the markets and evenge tthe job dine in one way to get the job done and even we should instead make use of earning a living advertise in utilising odds and even makets..........

[BURHANFX]

http://prntscr.com/4eyjam
analysis for today 8 / 22 / 2014
EUR/JPY (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 137.76
Retracement (50%) 137.70
retracement (61,8%) 137.64

Extensions (61.8%) 138.24
Extensions (100.0%) 138.42
Extensions (138.2%) 138.60
Extensions (161.8%) 138.72
calculation based on a Fibonacci retracement then today I choose buy

[KAUL]

http://prntscr.com/4f94du
analysis for today 8 / 22 / 2014

EUR/JPY

Resistance : R1 138.52 R2 138.77 R3 138.97 R4 139.27
Support : S1 137.24 S2 136.99 S3 136.79 S4 136.49

Open : 137.90
High : 137.99
Low : 137.77
Range : .22 Pips
Running Price : 137.81

Strategy : BUY at the level 137.81 stop loss at the level 137.24 target take profit at the level 138.97 or at the level 139.27

[Emi]

http://prntscr.com/4f9ink
analysis for today 8 / 22 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EUR/JPYon the date 8 / 21 / 2014
OPEN 137.56
HIGH 137.94
LOW 137.46
CLOSED 137.91

The third resistance (R3) 137.94 - ( 137.77 - 137.46 = 0.31 x 2 = 0.62 )= 138.56
The second Resistance (R2) 137.77 + 137.94 - 137.46 = 138.25
First resistance (R1) 137.77 x 2 = 275.54 - 137.46 = 138.08
pivot points 137.94 + 137.46 + 137.91 = 413.31 / 3 = 137.77
Support for the first (S1) 137.77 x 2 = 275.54 - 137.94 = 137.60
Support second (S2) 137.77 - ( 137.94 - 137.46 = 0.48 ) = 137.29
Third Support (S3) 137.46 - ( 137.94 - 137.77 = 0.17 x 2 = 0.34 )= 137.12