InstaForex Wave Analysis - page 162
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EUR/JPY technical analysis for August 28, 2013[/B]
Yesterday, after the EUR/JPY pair had breached bellow 131.25, the uptrend changed to downtrend. This condition has been already confirmed by all the three moving averages form the "Death Cross" pattern. It means, the downside momentum is stronger then the upside movement. However, if EUR/JPY breaches above 130.50 today, then the downside movement will be hold, at least, till the end of the day.
RECOMMENDATION:
SELL Stop (Pending Order) at 129.74
Take Profit at 129.60.
Stop Loss at 129.84.
EUR/JPY technical analysis for August 29, 2013[/B]
Since the tension in Syria Crude Oil has been moving higher. However, in the west side the market participants are waiting for the "tapering" issue to be solved. This make a "Risk Aversion" in the market especially in the stock market. All the market participants take the money from the emergeing markets such as India, Thailand, Indonesia, etc. to get back the safe haven US Dollar. This condition makes USD stronger than any currency. EUR has got the impact from this issue.
RECOMMENDATION:
SELL Stop (Pending Order) at 129.74.
Take Profit at 129.60.
Stop Loss at 129.84.
More analysis - at instaforex.com
EUR/JPY technical analysis for August 30, 2013
Since yesterday the level of 130.00 has acted as strong support for the EUR/JPY pair. Even the market is still affected with bearish pressure, which has been already indicated by all the three moving averages, the pair is still making a "Death Cross pattern". After this level a strong barrier at the 130.00 level can hold the movement and make this pair entering to the ranging condition between the 130.00 level to the 130.50 level.
RECOMMENDATION:
SELL Stop (Pending Order) at 129.74.
Take Profit at 129.60
Stop Loss at 129.84.
Alternative:
BUY Stop (Pending Order) at 130.51.
Take Profit at 130.65.
Stop Loss at 130.41.
More analysis - atinstaforex.com
EUR/JPY technical analysis for September 03, 2013
EUR/JPY reversed from the downside movement and this condition has been already confirmed by all the three moving averages in the 60 minutes charts. It is making a "Golden Cross" pattern. However, this pair seems to find a barrier at the 131.25, which acts as strong resistance for this pair.This is indicated by the appearence of the "Double Top" pattern in this chart near the 131.25 level. As long as this currency pair do not breach below 130.75, the price will continue the upside movement.
RECOMMENDATION:
BUY Stop (Pending Order) at 131.51.
Take Profit at 131.65.
Stop Loss at 131.41.
EUR/JPY technical analysis for September 04, 2013
Today, the EUR/JPY price is moving in the ranging condition but between the 103.75 to the 131.50 level but in a Bullish sentiment, We can look at all the three moving averages still making a "Golden Cross" pattern, but please pay attention to the 130.50 level, if this level can be breach by this pair, the bullish sentiment will be hold, at least, for today.
RECOMMENDATION:
BUY Stop (Pending Order) at 131.51.
Take Profit at 131.65.
Stop Loss at 131.41.
Alternative:
SELL Stop (Pending Order) at 130.49.
Take Profit at 130.35.
Stop Loss at 130.59.
EUR/JPY technical analysis for September 05, 2013
EUR/JPY still continues its upside movement. This situation has been already confirmed by all the three moving averages, it is still making a "Golden Cross" pattern. As long as the price do not breach and close below the 131.25 level, it will continue the upside movement.
RECOMMENDATION:
BUY STOP (Pending Order) at 131.76.
Take Profit at 131.90.
Stop Loss at 131.66.
USD/JPY intraday technical levels for September 06, 2013
TODAY's TECHNICAL LEVELS:
Resistance. 3: 100.39.
Resistance. 2: 100.18.
Resistance. 1: 99.96.
Support. 1: 99.70.
Support. 2: 99.48.
Support. 3: 99.27.
DESCRIPTION:
Please, pay attention to the levels of support 3 (99.27) and resistance 3 (100.39). Normally, when a level is touched, USD/JPY will rebound from the previous minimum by 10 to 20 pips, but if the levels are broken through by over 50 pips, then it will be a sign that this currency pair has found a trend today.More analysis - at instaforex.com
USD/JPY intraday technical levels for September 09, 2013
TODAY's TECHNICAL LEVELS:
Resistance. 3: 100.18.
Resistance. 2: 99.98.
Resistance. 1: 99.79.
Support. 1: 99.55.
Support. 2: 99.35.
Support. 3: 99.15.
DESCRIPTION:
Please, pay attention to the levels of support 3 (99.15) and resistance 3 (100.18). Normally, when a level is touched, USD/JPY will rebound from the previous minimum by 10 to 20 pips, but if the levels are broken through by over 50 pips, then it will be a sign that these currencies have found trends today.
More analysis - at instaforex.com
USD/JPY intraday technical levels for September 11, 2013
TODAY's TECHNICAL LEVELS:
Resistance. 3: 100.85.
Resistance. 2: 100.65.
Resistance. 1: 100.46.
Support. 1: 100.21.
Support. 2: 100.01.
Support. 3: 99.81.
DESCRIPTION:
Please, pay attention to the levels of support 3 (99.81) and resistance 3 (100.85). Normally, when a level is touched, USD/JPY will rebound from the previous minimum by 10 to 20 pips, but if the levels are broken through by over 50 pips, then it will be a sign that these currencies have found trends today.
More analysis - at instaforex.com
USD/JPY intraday technical levels for September 12, 2013
TODAY's TECHNICAL LEVELS:
Resistance. 3: 100.09.
Resistance. 2: 99.90.
Resistance. 1: 99.70.
Support. 1: 99.46.
Support. 2: 99.27.
Support. 3: 99.07.
DESCRIPTION:
Please, pay attention to the levels of support 3 (99.07) and resistance 3 (100.09). Normally, when a level is touched, USD/JPY will rebound from the previous minimum by 10 to 20 pips, but if the levels are broken through by over 50 pips, then it will be a sign that these currencies have found trends today.