Technical Outlook For Eur-Jpy 12-8-2015

Technical Outlook For Eur-Jpy 12-8-2015

Eur/Jpy pair moved yesterday in the average price movement of 160 Pips; it recorded the highest level at 138.35 and the lowest at 136.77 and closed at 138.12 to Gain 82 pips during yesterday’s trading.

The pair opened today at 138.10 oscillatory between the 138.00 and the 138.51 during the Asian session in a trading average of 51 pips for the limitation of the market liquidity, and in the European session the pair went up to 138.68

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

We saw the pair achieved our target at 137.20

It is expected that the pair Eur-jpy will reach the targeted level at 139.00 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: 137.14 and 136.16 and 135.56
Resistance levels: 138.72 and 139.32 and 140.30
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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 21-7-2015

Technical Outlook for EUR-JPY 21-7-2015

Eur/Jpy pair moved Yesterday in the average price movement of 70 Pips; it recorded the highest level at 135.04 and the lowest at 134.34 and closed at 134.51 to Gain Just sex Pips during yesterday’s trading.

The pair opened today at 134.51 oscillatory between the 134.50 and the 134.77 levels during the Asian session in a trading average of 27 pips for the limitation of the market liquidity.

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: 134.22 and 133.93 and 133.52

Resistance levels: 134.92 and 135.33 and 135.62

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