Technical Outlook For Eur-Jpy 4-8-2015

Technical Outlook For Eur-Jpy 4-8-2015

Eur/Jpy pair moved Yesterday in the average price movement of 86 Pips; it recorded the highest level at 136.44 and the lowest at 135.57 and closed at 135.79 to lose 10 pips during yesterday’s trading.

The pair opened today at 135.81 and in suddenly movement the pair went down to 135.40 and rise back again and held steady oscillatory between the 135.55 and the 135.90 during the Asian session in a trading average of 35 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 137.00 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: 135.42 and 135.06 and 134.55

Resistance levels: 136.29 and 136.80 and 137.16

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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 Analysis for EUR/JPY 16-7-2015

Technical Analysis for EUR/JPY 16-7-2015

Eur/Jpy pair moved yesterday in the average price movement of 102 Pips, it recorded the highest level at 136.37 and the lowest at 135.34 and closed at 135.48 to Lose 31 PIPs during yesterday’s trading.

The pair opened today at 135.48 and in the European session the pair fall down to 135.04

The pair is moving in a series of down correction waves after breaking the parallel price channel.

It is expected that the pair Eur/jpy will reach the targeted level at 134.10 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: 135.09 and 134.70 and 134.06

Resistance levels: 136.12 and 136.76 and 137.15

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Technical Analysis for EUR-JPY 2-7-2015

Technical Analysis for EUR-JPY 2-7-2015

Eur-Jpy pair moved yesterday in the average price movement of 136 Pips, it recorded the highest level at 137.42 and the lowest at 136.03 and closed at 136.16 to Lose 22 Pips during Yesterday’s trading according to Concern about the Greek case.

The pair opened today at 136.16 oscillatory between the 136.03 and the 136.63 levels during the Asian session in a trading average of 60 pips for the limitation of the market liquidity.

The pair is moving in a series of down correction waves after breaking the price channel.

So it is expected that the pair eur/jpy will reach the targeted level at 135.50 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: 135.65 and 135.14 and 134.26

Resistance levels: 137.04 and 137.92 and 138.43

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