Technical Outlook For Eur-Jpy 6-8-2015

Technical Outlook For Eur-Jpy 6-8-2015

Eur/Jpy pair moved Yesterday in the average price movement of 120 Pips; it recorded the highest level at 136.18 and the lowest at 134.98 and closed at 136.15 to Gain 82 pips during yesterday’s trading.

The pair opened today at 136.15 oscillatory between the 136.00 and the 136.36 during the Asian session in a trading average of 36 pips for the limitation of the market liquidity.

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

It is expected that the pair Eur-Jpy will reach the targeted level at 136.70 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: 135.36 and 134.57 and 134.16

Resistance levels: 136.56 and 136.97 and 137.76

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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 8-7-2015

Technical Analysis for EUR/JPY 8-7-2015

Eur/Jpy pair moved yesterday in the average price movement of 213 Pips, it recorded the highest level at 135.67 and the lowest at 133.53 and closed at 134.70 to Lose 80 Pips during yesterday’s trading according to economic data.

The pair opened today at 134.70 oscillatory between the 134.10 and the 134.85 levels during the Asian session in a trading average of 75 pips for the limitation of the market liquidity, and in the European session the pair went down to 133.78

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

We saw the pair achieved our target at 134.20

So it is expected that the pair Eur/jpy will reach the targeted level at 132.50 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: 133.59 and 132.49 and 131.45

Resistance levels: 135.73 and 136.77 and 137.87

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