Technical Outlook for Eur-Jpy 17-8-2015

Technical Outlook for Eur-Jpy 17-8-2015

Eur/Jpy pair moved last Friday in the average price movement of 93 Pips; it recorded the highest level at 138.84 and the lowest at 137.91 and closed at 138.06 to Lose 67 pips during Friday’s trading.

The pair opened today at 138.09 oscillatory between the 137.87 and the 138.23 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 inside the triangle.

It is expected that the pair eur-jpy will reach the targeted level at 137.25 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: up

Support levels: 137.70 and 137.34 and 136.77
Resistance levels: 138.63 and 139.20 and 139.56
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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 27-7-2015

Technical Outlook for EUR-JPY 27-7-2015

Eur/Jpy pair moved last Friday in the average price movement of 75 Pips; it recorded the highest level at 136.27 and the lowest at 135.51 and closed at 135.88 to Lose 19 Pips during Friday’s trading.

The pair opened today at 135.88 oscillatory between the 135.74 and the 136.00 levels during the Asian session in a trading average of 26 pips for the limitation of the market liquidity, and in the European session the pair went up to 136.98

The pair is moving in a series of up impulse waves after breaking the parallel price channel.

It is expected that the pair eur-jpy will reach the targeted level at 137.15 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: Down

Support levels: 135.50 and 135.12 and 134.74

Resistance levels: 136.26 and 136.64 and 137.02ِ

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Technical Analysis for EUR/JPY 13-7-2015

Technical Analysis for EUR/JPY 13-7-2015

Eur/Jpy pair moved last Friday in the average price movement of 312 PIPs, it recorded the highest level at 137.27 and the lowest at 134.15 and closed at 136.96 to Gain 276 PIPs during Friday’s trading after we saw Signs of hope to end Greek crisis.

The pair opened today at 136.45 oscillatory between the 136.12 and the 136.70 levels during the Asian session in a trading average of 58 pips for the limitation of the market liquidity, and in the European session the pair went up to 137.79 and then fall down again to 136.40

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 138.10 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: Down

Support levels: 134.98 and 133.00 and 131.86

Resistance levels: 138.10 and 139.24 and 141.22

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