EUR/JPY Daily Technical

[laila]

trading above the daily pivot point level of 161.47 with hourly Bollinger and standard error bands poised to the upside. Resistance levels today are set at 162.31 and then 163.25. Support levels are 160.52 and then 159.69. This market has been able to stay above the 61.8 percent Fibo retracement level of 161.5 for three consecutive days and may well creep higher in an unobtrusive manner to tickle the 76.4 Fibo retracement level at 164.40. The rising 200 day moving average is now at 160. 15, while the falling 55 day moving average is at 161.38.

[james]

EUR/JPY Daily Outlook EUR/JPY edges higher to 161.71 earlier but fails to sustain above 161.38 resistance yet.
upside momentum is seen

[trader4ex]

EUR/JPY weakens sharply today, taking out inner rising channel support and is now pressing 159.56 support.
An intraday top should be in place at 161.71 and further break of 159.56 support will add more credence to the case that rise from 151.71 has completed at 161.71 after failing to sustain above 161.38 resistance.

[nicks]

e/j stands at 162.68
seems like moving to 163 by tomorrow

[sangpenakluk]

EUR-CHF
It is likely to attempt nearer support at 1.6058 for extending further to below 1.5996 while below 1.6119 - 1.6172 area. Rise above 1.6203 would dampen this bearish expectation.
EUR-JPY
Overall structure is bearish. Decelerating momentum could attract it towards supports at 161.9 or 161.49. Major support is clustered around 160.49 limit.

[hosam]

may arrive next week to 165.00

[sibforex]

It should test higher than 167.05. Entry point are at 165.85 and 165.51. A break of 164.65 is bearish.

[sibforex]

S: 167.20-167.30
R: 170.30-170.40
Trend: FLAT

[sibforex]

It should be subject to more sell off towards 169.07 or 168.72. Corrective upward swings should face resistance around 169.53 area. A break of 169.91 is bullish.

[sibforex]

While above 169.25 - 169.01 zone a corrective dip could test 169.49 or 169.68 or 169.86. After which it should resume his downtrend.

[mohammad2903]

# The Cross has reached new lows at 156.30 yesterday No change in our view. The bias remains negative for test of 155.50-40 area in longer term First immediate Support stands at 157.00 ahead of 156.30 yesterday bottom On the upside, above 157.60 may recover price towards 158.40-50 later today
# Strategy-neutral.

[blackguru]

if you take a good analyses of EUR/JPY and USD/JPY..
they ar e moving in tendem

[IndigoSUN]

well not always
and shurely NOT now -)

[forexdude]

i use triangle arbitrage and in my analysis the next resistance is 73 points up

[bisaddkunlevics]

Any new post on EUR/JPY PLS?