Technical Outlook For Eur-Jpy10-8-2015

Eur/Jpy pair moved last Friday in the average price movement of 116 Pips; it recorded the highest level at 136.70 and the lowest at 135.54 and closed at 136.20 to Lose Just Five pips during Friday’s trading.

The pair opened today at 136.10 oscillatory between the 136.08 and the 136.40 during the Asian session in a trading average of 32 pips for the limitation of the market liquidity, and in the European session the pair went up to 136.64

The pair is moving in a series of up impulse waves after returning to trade inside the triangle.

We saw the pair achieved our target at 136.70

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: 135.59 and 134.98 and 134.43
Resistance levels: 136.75 and 137.30 and 137.91
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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 30-7-2015

Technical Outlook for Eur-Jpy 30-7-2015

Eur/Jpy pair moved Yesterday in the average price movement of 94 Pips; it recorded the highest level at 136.90 and the lowest at 135.96 and closed at 136.04 to lose 57 pips during Yesterday’s trading.

The pair opened today at 136.05 oscillatory between the 135.95 and the 136.25 levels during the Asian session in a trading average of 30 pips for the limitation of the market liquidity, and in the European session the pair went up to 136.47.

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 137.05 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: up

Support levels: 135.70 and 135.36 and 134.76

Resistance levels: 136.64 and 137.24 and 137.58
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Technical Analysis for EUR/JPY 6-7-2015

Technical Analysis for EUR/JPY 6-7-2015

Eur/Jpy pair moved Last Friday in the average price movement of 92 PIPs, it recorded the highest level at 136.84 and the lowest at 135.91 and closed at 136.29 to Lose 15 PIPs during Friday’s trading according to Concern about the Greek case.

The pair opened today at 134.02 to make a Gap with 226 pips After Greeks rejected the terms of the creditors through a yesterday’s referendum.

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

We saw the pair achieved our target at 135.50

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: 135.85 and 135.41 and 134.92

Resistance levels: 136.78 and 137.27 and 137.71

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Technical Analysis for EUR/JPY 1-7-2015

Technical Analysis for EUR/JPY 1-7-2015

Eur/Jpy pair moved yesterday in the average price movement of 180 PIPs, it recorded the highest level at 137.69 and the lowest at 135.88 and closed at 136.39 to Lose 125 PIPs during Yesterday’s trading according to Concern about the Greek case.

The pair opened today at 136.39 oscillatory between the 136.18 and the 136.65 levels during the Asian session in a trading average of 47 pips for the limitation of the market liquidity.

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

The pair achieved our target at 137.70

So it is expected that the pair eur/jpy will reach the targeted level at 135.20 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: 135.61 and 134.84 and 133.80

Resistance levels: 137.42 and 138.46 and 139.23

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Technical Analysis for EUR/JPY 29-6-2015

Technical Analysis for EUR/JPY 29-6-2015

Eur/Jpy pair moved last Friday in the average price movement of 87 PIPs, it recorded the highest level at 138.67 and the lowest at 137.80 and closed at 138.33 to Lose 18 PIPs during Friday’s trading according to Concern about the Greek case.

The pair opened today at 134.80 to make a gap with 355 pips and now the pair went up to trade around 136.86.

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 137.70 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: 137.86 and 137.39 and 136.99

Resistance levels: 138.73 and 139.13 and 139.60

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