Eur/Jpy

[BURHANFX]

http://prntscr.com/51aacn
analysis for today 10 / 30 / 2014
EUR/JPY (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 137.78
Retracement (50%) 137.71
retracement (61,8%) 137.64

Extensions (61.8%) 138.38
Extensions (100.0%) 138.61
Extensions (138.2%) 138.84
Extensions (161.8%) 138.98
calculation based on a Fibonacci retracement then today I choose buy

[ralf]

We can see that the price of the EURJPY chart we can see that the price is moving below the EMA indicator wave to make a bearish direction during the day Also the RSI indicator shows a sell signal which shows by the line going below the center line of 35 This can be combined with the data from the Macd indicator that is shown by the green lines that going down to indicate that the market bears are dominating on the market for now I think that you should think in going for bears until another buy signals appears on the chart by getting the price above the wave of the EMA indicators.
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[clark]

On the EURJPY chart we can see that the prices are currently upper than that 15 EMA line which could act greatly as a bullish trend sign for the day.
A good upward direction signal is indicated by the power line indicator which is above the 50 level now.
Also a low power of the bullish trend is shown by the power momentum indicator which is really important as it can be used to filter the buy position's entry.
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[hatrik]

The momentum indicator shows a clear cross on the EURJPY chart when the blue line heads below the red line to construct a very good selling signal for now On the Oracle Strength indicator a red color is shown and it is an indication for the bearish direction for the EURJPY pair.
The red color of the arrows can be a confirmation for the downward direction at the Oracle direction indicator.
As a result of the previous indicators the Bearish trend would be appeared as the sell cross of the momentum indicator appears on the chart and the sell trades advised to be taken as the ATR indicator still showing a sell signals.
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[mary]

As we can see in the EURJPY chart the main trend is currently taking a down direction and that�s because of the position of the 5 and 6 EMAs which are below the 35 EMA and as a result taking sell positions is the right choice once I get the confirmation from the other indicators that the direction will be bearish .
The parabolic sar indicator shows that the price might be taking a downward direction according to the dots above the candles The MACD indicator is giving me a sell signal which is currently moving below the 0 level also the CCI line is performing a downward signal as is at the lower level.
As a conclusion to what I said earlier I do think that selling would be the best choice for now according to the EMA locations that of course unless the price gave a bullish signal instead.
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[maggie]

On the EURJPY chart you can see a bearish trend due to the red color of the super trend and it is the main indicator to know the price movement direction.
The Nonlong dot is colored in red and that is an indication for a sell signal.
The signals now are showing a strong bearish trend also the sell trades can take place as long as the signals remain showing the same trend direction.
When we talk to the stop loss area we can think about two ways to end first if the price reaches the resistance of 137.6 and the second when the super trend changes its color to green that means that the bearish trend has ended.

[achyut]

Daily forecast: EURJPY 30 Oct. 2014.

Technical analysis for Daily forecast of EURJPY 30 October, 2014. In Daily chart EURJPY shows bearish trend. At present EURJPY below the pivot point and going towards the 1st support level. If 1st support level breaks then next strong support level is 136.330.

Pivot: 137.654

Resistance levels

R1 137.900
R2 138.259
R3 138.505
R4 138.750

Support levels

S1 137.295
S2 137.049
S3 136.690
S4 136.330

[ANDRIAS]

http://prntscr.com/515tc1
analysis for today 10 / 30 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EUR/JPYon the date 10 / 29 / 2014
OPEN 137.72
HIGH 138.01
LOW 137.41
CLOSED 137.55

The third resistance (R3) 138.01 - ( 137.66 - 137.41 = 0.25 x 2 = 0.49 )= 138.50
The second Resistance (R2) 137.66 + 138.01 - 137.41 = 138.26
First resistance (R1) 137.66 x 2 = 275.31 - 137.41 = 137.90
pivot points 138.01 + 137.41 + 137.55 = 412.97 / 3 = 137.66
Support for the first (S1) 137.66 x 2 = 275.31 - 138.01 = 137.30
Support second (S2) 137.66 - ( 138.01 - 137.41 = 0.60 ) = 137.06
Third Support (S3) 137.41 - ( 138.01 - 137.66 = 0.35 x 2 = 0.71 )= 136.70

[aliali1]

on the EURJPY one hour chart you can see a red arrow which indicates a bearish trend for now which has a top supporting it at 137.75 also it can be used as a strong resistance as the price shouldn't go above it the trend still as a bearish trend.
And the dots of the parabolic sar indicator located above the candles and that sign for the price to go up In case of there are selling trades are taking place then i think that the 137.45 is a good place to close a part from your opening trades because the price has a good chance to go up after hitting it .

[troykilson]

According to the analysis made upon the EURJPY chart today I do notice that a week bearish trend is taking place based on the oscillator which is now at 0.006 area located below the balance level while at the same time the indicator is giving us a blue signal which makes a week indication that a bearish direction is taking place on the short term. The moving average 5 on the chart giving us a down slope the top located at the price 137.69 could be considered a good stop loss for if there were sell orders indicated by the indicators we are using.