Technical Outlook For Eur-jpy 24-8-2015

Technical Outlook For Eur-jpy 24-8-2015

Eur/Jpy pair moved last Friday in the average price movement of 83 Pips; it recorded the highest level at 139.00 and the lowest at 138.16 and closed at 138.95 to Gain 25 pips during Friday’s trading.

The pair opened today at 138.58 oscillatory between the 138.40 and the 138.90 during the Asian session in a trading average of 50 pips for the limitation of the market liquidity.

The pair is moving in a series of up impulse waves inside the triangle.

It is expected that the pair Eur-Jpy will reach the targeted level at 138.90 in the next few hours.

The Relative Strength Indicator "RSI" reveals that the accumulation operations at the market and the control of Bulls on the market.

Medium term trend: up

Support levels: 138.40 and 137.86 and 137.56
Resistance levels: 139.24 and 139.54 and 140.08
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Technical Outlook For Eur-Jpy 3-8-2015

Technical Outlook For Eur-Jpy 3-8-2015

Eur/Jpy pair moved Yesterday in the average price movement of 176 Pips; it recorded the highest level at 137.33 and the lowest at 135.56 and closed at 136.09 to Gain 40 pips during Friday’s trading.

The pair opened today at 135.90 oscillatory between the 135.75 and the 136.25 levels during the Asian session in a trading average of 50 pips for the limitation of the market liquidity, and in the European session the pair went up to 136.44.

The pair is moving in a series of up impulse waves inside the triangle.

We saw the pair achieved our target at 137.05

It is expected that the pair eur/jpy will reach the targeted level at 137.20 in the next few hours.

The Relative Strength Indicator "RSI" reveals that the accumulation operations at the market and the control of Bulls on the market.

Medium term trend: up

Support levels: 135.32 and 134.55 and 133.55

Resistance levels: 137.09 and 138.09 and 138.86

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Technical Outlook for EUR-JPY 28-7-2015

Technical Outlook for EUR-JPY 28-7-2015

Eur/Jpy pair moved Yesterday in the average price movement of 135 Pips; it recorded the highest level at 137.09 and the lowest at 135.74 and closed at 136.62 to Gain 74 Pips during Yesterday’s trading.

The pair opened today at 136.62 oscillatory between the 136.47 and the 136.97 levels during the Asian session in a trading average of 50 pips for the limitation of the market liquidity.

The pair is moving in a series of up impulse waves in a parallel price channel.

We saw the pair was Trading yesterday close to our target at 137.15

It is expected that the pair eur-jpy will reach the targeted level at 137.20 in the next few hours, and go down again.

The Relative Strength Indicator "RSI" reveals that the accumulation operations at the market and the control of Bulls on the market.

Medium term trend: Down

Support levels: 135.87 and 135.13 and 134.52

Resistance levels: 137.22 and 137.83 and 138.57

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Technical Analysis for EUR/JPY 7-7-2015

Technical Analysis for EUR/JPY 7-7-2015

Eur/Jpy pair moved yesterday in the average price movement of 218 PIPs, it recorded the highest level at 136.06 and the lowest at 133.90 and closed at 135.51 to Gain 150 PIPs during yesterday’s trading according to economic data.

The pair opened today at 135.51 oscillatory between the 135.21 and the 135.65 levels during the Asian session in a trading average of 44 pips for the limitation of the market liquidity, and in the European session the pair went down to 135.02

The pair is moving in a series of down correction waves below the trend line.

So it is expected that the pair eur/jpy will reach the targeted level at 134.20 in the next few hours.

The Relative Strength Indicator "RSI" reveals that the distribution operations at the market and the control of Bears on the market...

Medium term trend: Down

Support levels: 134.25 and 132.99 and 132.09

Resistance levels: 136.41 and 137.31 and 138.57

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