EUR/JPY

[topman]

EURJPY,H1
Date 2013.07.03
Time 17:00
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R3 132.5770
R2 131.8480
R1 131.2970
Pivot 130.5680
S1 130.0170
S2 129.2880
S3 128.7370
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- Description : The price moves upside from Support 3 area and now it back into psychology box means a breakout from that box will give a long rally points again.
- Preference : Bullish will gain confirmation again if it can break pivot point and i expect the price will rebounce from 130.336.
- Chart :

[hafnaoui]

The pair decline after touching the first target around 131.10, to form an obstacle against the bullish bias, which pushed the price to settle in sideways range, limited between 128.80 and 131.10
We keep our positive overview by holding above the moving average 55, which supports the bullish bias domination, with the possibility of continuing the sideways trading until breaching 131.10 to hit the second target around 132.50, and we notice stochastic attempt to leave the overbought area to offer the required positive momentum in the upcoming period.

[vetman85]

The pir now is moving within the ascending channel, so the best place to buy it after touching the strong support level @ 38.2% of the fibo level for the last bearish wave which located @ 128.35, our next awaited target will be @ the higher line of the ascending channel @ 132.15. Stochastic support my bullish expectation scenario.

[hafnaoui]

Despite fluctuating below the initially resistance line 131.10, the bullish bias remains dominating the pair’s trading, holding above 126.60, which is supported by the moving average as shown in the image, therefore, we are waiting to gain new positive momentum to resume the bullish bias to reach 131.10 followed by 132.50
Stochastic forms bearish wave to settle below 50 level despite that the pair is holding within positive level, attempting to get the required momentum to reach the mentioned targets.

[saiansh23]

128.90 Again do the JOb for the pair And hold it for the test of 130.26
And as long as 128.90 protecting the downside We can
see a test of 131.81 Which I think
should be good enough for the pair As it is also
the extreme bulls for the pair But any break below 128.40 would be good enough
to test 127.00 and then 124.96 But Now we should Leave this pair along as long as it is trading in between these two levels
Regards
Check the chart

[hafnaoui]

The pair provides sideways bias since Friday’s trading by the stability of the price around 129.80, which allows the price to continue within its positive level, but we need a new positive momentum from Stochastic to continue in our positive expectation to achieve 131.10 and then 132.45
The stability of the moving average around the main support level 126.50 supports the domination of the bullish bias on the pair trading in the near and medium period to achieve the previously suggested targets.

[sadikmoh]

The pair is based on the rising trend line + 100 moving average.A strong signal to buy a pair.The first goal be 130.300. good luck

[safeplay]

eur/jpy forecast:
now this pair is going up after hitting the support at 129.00
current price: 129.21
buy entry with take profit at 129.75
stop loss at 128.85
good luck...

[vetman85]

The pir now is moving within the ascending channel, so the best place to buy it after touching the strong support level @ 38.2% of the fibo level for the last bearish wave which located @ 128.35, our next awaited target will be @ the higher line of the ascending channel @ 132.15. Stochastic support my bullish expectation scenario.

Update:
No new in my last view, the pair till now moving exactly as i mentioned in my above post, it is reached the 38.2% fibo level @ 128.35 then the bullish movement starting, my a waited target for this analysis as it is @ 132.15. little bearish movements are expected at the beginning of the market open because Stochastic within over bough level, then strong up movements till our a waited target will be expected.

[john smith]

upside of one's eur / jpy has slowed. indicated by your currency has also been reached and penetrated below the 100 ema ( green ). appeared 132. 00 for s possesses a strong resistance at this point. please note the 130. 75 level, if this level often is penetrated by this currency, it'll indicate the direction of flip direct from currency.

RECOMMENDATION:
BUY Stop (Pending Order) di 131.51. Take Profit di 131.65. Stop Loss di 131.41.