EUR/JPY Daily Technical

[yuventius bhasyudewo se]

confirmation level at 102.12 had been broken successfully by this pair and make new low at 101.80 it mean pair successfully passed two steps confirmation to ensure that pair make downtrend movement so I prefer to put sell limit order to anticipate small correction before bearish contiuning above this lower barrier level

[yuventius bhasyudewo se]

EURJPY pair touched four times at high level 103.18 it mean this level so very strong and so difficult to be broken and pair make reversal to became new trend but two steps must be passed break below trend level and break below 101.77 so better to put sell limit order around new high and sell stop order below lower barrier

[yuventius bhasyudewo se]

103.18 became reversal point for this pair after touched several times and made new high at 103.50 and this point became nwe bearish starting then pair dropped down sharply to broke trend line but this step not yet confirm that pair make bearish so better to put sell stop below lower barrier level 101.77

[yuventius bhasyudewo se]

pair made new high level at 104.05 and became strong barrier level but if pair successfully break above this barrier level it became bullish continuing so better buy stop above this level but if pair fail so became reversal movement to change bearish trend so better to put sell stop below lower barrier 101.77

[Dominator]

EUR/JPY rose to an over two month high of 104.31 from 103.62 i think the market is bullish b4 it make correction.

[Dominator]

The yen was broadly weaker due to increased risk appetite decreasing demand for the safe haven Japanese currency. The dollar rose to a six-month high against the yen before erasing after failing to break strong resistance levels. The euro also hit a three-month high of 105.73 bcuz Bank of Japan surprised markets by easing monetary policy last week. better to sell limit near resistance2.

[yuventius bhasyudewo se]

higher barrier level 105.99 and lower barrier level 102.15 can determine pair direction if pair successfully break one of these it can become trend changing so better put buy stop order above higher barrier level for bullish preparation or sell stop below lower barrier for bearish trend starting

[yuventius bhasyudewo se]

strong barrier level 106.85 not yet broken by this pair it means that pair still successfully break trend channel but to ensure that pair really make bearish trend need one more break out below this lower barrier level so better to put pending order sell stop below this barrier

[yuventius bhasyudewo se]

this pair now is still following red trend line as bearish trend movement and tries to touched strong barrier level 105.67 and if this barrier easy broken by this pair it means that pair will continue downmove so better to put pending order sell stop below this barrier

[yuventius bhasyudewo se]

pair is still trying to break trend line but looks so difficult so if pair successfully break this line still not yet confirm that pair really makes bullish trend starting, pair must breaks above higher barrier level 107.24 to ensure this trend starting so better to put buy stop above here

[yuventius bhasyudewo se]

higher barrier level 108.60 became so strong enough for this pair after this pair touched several times this point but still failed to broke above here and pair retreat dropped and tries to makes reversal becomes bearish movement so better to put pending order sell stop below 105.60 as lower barrier level to anticipate this downtrend movement scenario

[goodshowt]

EUR – JPY
Uptrend is still intact in a triangle configuration. It should continue to rally to 110.11 or 110.28 if support around 109.65 hold. After which a pullback to 109.65 - 109.47 zone is possible.

[goodshowt]

EUR – JPY
Currently uptrend should end around 110.49 - 110.92 area. A correction down to below 109.53 is expected. A rise above 111.44 will abort the expected correction

[goodshowt]

EUR – JPY
Current rise should end around 110.78 or 110.94. Objectives of this downmove are 110.40 or 110.06. A rise above 111.16 is again bullish

[goodshowt]

Res 2 111.2900
Res 1 110.1400
Pivot 109.3200
Sup 1 108.1600
Sup 2 107.3400

It looks set to visit further lower territory down to around 108.74 - 108.16. Its corrective attempts should fail ahead of 109.73 - 110.14. Stop loss above 111.29 zone