[B]
Our Preference: Sell Below 133.00 for the target of 131.60 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart :- EurJpy was trading in the equidistant channel lines today it tested upper channel line and yesterday its was closed on lower side as bearish candle and closed below the support level of horizontal line so today we can sell near intraday key resistance level and except upto next key support 131.60 level :- We have shown in above image.
In 4 Hour Chart and In 1 Hour Chart:- EurJpy was trading in the equidistant channel lines and its tested the upper channel line so further we can except on selling side upto next key support levels :- We have shown in above image.
In 1 Hour chart :- EurJpy was trading in the equidistant channel lines and now its trading near upper channel line equidistant channel line so we can sell near short term upper channel line of equidistant and except upto next key support levels :- We have shown in above image.
[/B]
[B]Our Preference: Sell Below 132.40 for the target of 131.00 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart :- EurJpy was trading with upper trend line and its was broken the triangle pattern on lower side and its conforming for the selling side so we can sell near resistance level and except upto next key support level :- We have shown in above image.
In 4 Hour Chart :- EurJpy was trading with the upper trend line and now its was trading below the upper trend line so we sell below upper trend line and except upto next key support level of horizontal line :- We have shown in above image.
In 1 Hour chart :- EurJpy was broken the key support level and its was trading in the equidistant channel line and now its trading below the key support level so we can sell near resistance level and except upto next key support level :- We have shown in above image.
[/B]
[B]Our Preference: Sell Below 132.40 for the target of 131.00 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart :- EurJpy was trading with upper trend line and its was
trading in the triangle pattern so we can except on sideway movement so we can sell near
resistance level and except upto next key support level :- We have shown in above image.
In 4 Hour Chart :- EurJpy was trading in the equidistant channel lines and it was trading in the
triangle and it was trading near upper trend line and so we can sell near upper trend line and
except upto next key support level of lower trend line and horizontal line :- We have shown in
above image.
In 1 Hour chart :- EurJpy was trading in the equidistant channel line and now its trading below the
key support 132.40 level so we can sell near resistance level and except upto next key support
level :- We have shown in above image.
[/B]
[B]Our Preference: Sell Below 132.40 for the target of 131.00 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart :- EurJpy was trading in the triangle pattern and yesterday it tested the resistance level so we can except on selling side and we can sell near resistance level and except upto next key support level :- We have shown in above image.
In 4 Hour Chart :- EurJpy was trading in the triangle pattern and it was trading near upper trend line and so we can sell near upper trend line and except upto next key support level of lower trend line and horizontal line :- We have shown in above image.
In 1 Hour chart :- EurJpy was trading in the equidistant channel line and now its trading below the key resistance 132.40 level so we can sell near resistance level and except upto next key support level :- We have shown in above image.
[/B]
[B]Eur/Jpy : 29/12/2015 Technical Analysis Report From CentreForex
Our Preference: Buy Above 132.00 for the target of 133.00 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart and 4 Hour Chart :- EurJpy was trading in the triangle pattern and it was trading neat lower trend line so we can buy near lower trend line so today we can except on buying side from key support level :- We have shown in above image.
In 1 Hour chart :- EurJpy was trading in the equidistant channel line and its was trading with intraday lower trend line so we can except on buying side from support level to next key resistance level :- We have shown in above image.
[/B]
[B]Our Preference: Sell Below 129.50 for the target of 127.60 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart:- Yesterday EurJpy was broken last month low and closed below the major key support level, now previous support level of horizontal line acting as key resistance level so we can sell near resistance level of horizontal line and except upto next key support levels :- which we have shown in above image.
In 4 Hour Chart and In 1 Hour chart :- EurJpy was broken the equidistant channel line on lower side and broken the lower side of sideways movement so we can sell near intraday resistance level and except upto next key support level :- which we have shown in above image.
[/B]
[B]Our Preference: Sell Below 128.00 for the target of 126.60 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart:- EurJpy was trading below the major key support level of horizontal line so we can except on selling side upto next key support levels :- which we have shown in above image.
In 4 Hour Chart and In 1 Hour chart :- EurJpy was broken the equidistant channel line on lower side and now this lower equidistant channel line acting as resistance level broken so we can sell near intraday resistance level and except upto next key support level :- which we have shown in above image.
[/B]
[B]
Our Preference: Sell Below 129.70 for the target of 126.10 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart:- EurJpy was trading below the major key support level of horizontal line so we can except on selling side we can sell near resistance level upto previous key support levels :- which we have shown in above image.
In 4 Hour Chart and 1 Hour Chart :- Eur Jpy was trading in the triangle pattern now it was trading near lower trend line if lower trend line breaks means we can except on selling zone other wise again we will get maojre resistance level so today we sell near major resistance level of horizontal line and except upto next key support level :- which we have shown in above image.
[/B]
[B]Our Preference: Sell Below 127.40 for the target of 126.50 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart:- EurJpy was trading near yearly low and it was trading in the triangle pattern today its was trading below the upper trend line so we can except on selling side and we can sell near resistance level and except upto next key support levels :- which we have shown in above image.
In 4 Hour Chart :- Eur Jpy was broken the triangle pattern on lower side so we can except on selling zone and we can sell near resistance level and except upto next key support level :- which we have shown in above image.
In 1 Hour Chart :- EurJpy was trading below the upper trend line and today its was broken the support level of horizontal line so its confirming for the selling side so we can sell near intraday resistance level and except upto next key support level :- which we have shown in above image.
[/B]
[B]Our Preference: Sell Below 127.50 for the target of 126.50 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart:- EurJpy was started to move towards last year low and it was trading in the triangle pattern and yesterday its was closed on lower side and as bearish candle so we can except on selling side and we can sell near resistance level and except upto next key support levels :- which we have shown in above image.
In 4 Hour Chart :- Eur Jpy was broken the triangle pattern on lower side so we can except on selling zone and we can sell near resistance level of previous lower trend line and except upto next key support level :- which we have shown in above image.
In 1 Hour Chart :- EurJpy was trading below the upper trend line and its broken the support level of horizontal line so its confirming for the selling side so we can sell near intraday resistance level and except upto next key support level :- which we have shown in above image.
[/B]
[B]Our Preference: Buy Above 129.50 for the target of 132.00 levels.
Alternative Scenario: Sell Below 132.00 for the target of 130.00 levels.
Technical Commentary :- In Daily Chart:- Yesterday EurJpy broken the resistance level of horizontal line and closed above the resistance level so we can except on buying side and we can buy near support level and except upto next key resistance levels :- which we have shown in above image.
In 4 Hour Chart :- Eur Jpy was trading above the resistance level of horizontal line and its trading with upper trend line so we can except on buying side from intraday support level and except upto next key resistance levels :- which we have shown in above image.
[/B]
[B]Our Preference: Buy Above 129.50 for the target of 132.00 levels.
Alternative Scenario: Sell Below 132.00 for the target of 130.00 levels.
Technical Commentary :- In Daily Chart:- EurJpy broken the resistance level of horizontal line and closed above the resistance level so we can except on buying side and we can buy near support level and except upto next key resistance levels :- which we have shown in above image.
In 4 Hour Chart :- Eur Jpy was trading with upper trend line and its trading above the key resistance level of horizontal line so we can except on buying side from support level and except upto next key resistance level of upper trend line :- which we have shown in above image.
In 1 Hour Chart :- EurJpy was trading with lower trend line and its trading in the intraday triangle pattern so we can buy near lower trend line of the triangle pattern and except upto key resistance level of horizontal line :- which we have shown in above image.
[/B]
[B]Our Preference: Sell Below 125.00 for the target of 123.00 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart:- EurJpy was broken the equidistant channel line on lower side and its broken the major key support 2013 year low so its confirming for the selling side so we can sell near intraday resistance levels and except upto next key support level :- which we have shown in above image.
In 4 Hour Chart :- Eur Jpy was trading below the year low and its trading with upper trend line and its trading below the key resistance level of horizontal line so we can sell near intraday resistance levels and except upto next key support level :- which we have shown in above image.
In 1 Hour Chart :- EurJpy was trading in the equidistant channel lines and its was trading below the year low and its trading below the key resistance level of horizontal line so we can sell near intraday resistance levels and except upto next key support level :- which we have shown in above image.
[/B]
[B]Our Preference: Sell Below 125.50 for the target 124.50 levels.
Alternative Scenario: Buy Above 124.30 for the target 125.80 levels.
Technical Commentary :- In Daily Chart :- EurJpy was trading in the equidistant channel line and yesterday in daily chart EurJpy was closed like as bearish engulfing pattern and its was trading below the key resistance level of horizontal line so today we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.
In 4 Hour Chart :- EurJpy was trading in the equidistant channel line and its moving towards the key support level of horizontal line and lower trend line so we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.
In 1 Hour Chart :- EurJpy was trading in the equidistant channel line and its trading near new lower trend line if the lower trend line breaks means we will except upto next lower trend line of equidistant channel line so we can sell below the lower trend line and except upto next key support level :- which we have shown in attached image.
[/B]
[B]Our Preference: Sell Below 119.90 for the target of 118.80 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- EurJpy was trading below the upper trend line and its
broken last week and last month low and its trading below the major key support levels and its
trading below the short term upper trend line so today we can sell below the key resistance of
upper trend line and except upto next key support level :- which we have shown in attached
image.
In 4 Hour Chart :- EurJpy was trading in the equidistant channel lines and its trading below the
intraday upper trend line so today we can sell below the key resistance of upper trend line and
except upto next key support level :- which we have shown in attached image.
In 1 Hour Chart :- EurJpy was trading in the triangle pattern if lower trend line broken means we
will except further sell off so today we can sell near key resistance levels and except upto next
key support level :- which we have shown in attached image.
[/B]
Eur/Jpy : 22/11/2017 Technical Analysis Report From Centreforex
Our Preference: Buy above 131.40 for the target of 133.00
Alternative Scenario: Nill
Technical Commentary: In Daily Chart and 4 Hour Chart :- EurJpy was bounced back from previous key resistance level, now previous resistance acting as major key support level, so we can buy near key support level of 131.40 and except upto major key resistance level of upper trend line :- which we have shown in attached image.
Eur/Jpy : 30/11/2017 Technical Analysis Report From Centreforex
Our Preference: Sell Below 133.40 for the target of 131.50
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- EurJpy was trading below the upper trend line and its bounced back from previous key resistance level, now previous resistance acting as major key support level, so further we can except upto new upper trend line and we can sell below the upper trend line and except upto next key support level :- which we have shown in attached image.
Eur/Jpy : 07/12/2017 Technical Analysis Report From Centreforex
Our Preference: Sell Below 133.00 for the target of 131.50
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- EurJpy was trading in the sideways movement and last week its failure to break the October 2017 High of 144.39 and EurJpy was bounced back from previous key resistance level of highs 144.39, now the high acting as major key support level, so its conforming for selling side and we can sell below the key resistance level and except upto next key support level :- which we have shown in attached image.
Eur/Jpy : 13/12/2017 Technical Analysis Report From Centreforex
Our Preference: Sell Below 133.30 for the target of 131.40
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- EurJpy was trading in the sideways movement between key resistance level and key support level, EurJpy was formed triple top and now new upper trend line was formed and yesterday we got closing on lower side as bearish candle, so its conforming for selling side and we can sell below the upper trend line and except upto next key support level :- which we have shown in attached image.
Eur/Jpy : 22/12/2017 Technical Analysis Report From Centreforex
Our Preference: Sell Below 134.40 for the target of 132.40
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- EurJpy was testing the key resistance of high , now its testing the high of 4th time and eurjpy was trading in the sideways movement between key resistance level and key support level, now its trading below the key resistance level of high and yesterday we got closing on lower side, so its conforming for selling side and we can sell below the key resistance level and except upto next key support level :- which we have shown in attached image.
By Subramanian @ Centreforex
