Eur / Jpy Analysis Signal Alerts From Centreforex

EurJpy : 10/07/2014
Our Preference: Buy above 138.20 with tight stoploss137.80 target of 138.60 and 139.00.
Alternative Scenario: : Nill .
Technical Commentary: Eur Jpy was trading in range bound pattern with key resistance and key support levels and it was trading in equidistant channel, Strong support was formed @ 138 level further it will move on higher level.


You think it’ll get to 137.80 any time soon?

I meant 138.20

EurJpy : 15/07/2014
Our Preference: Buy above 138.30 with tight stoploss137.90 target of 139.00.
Alternative Scenario: : Nill .
Technical Commentary: Yesterday Eur Jpy broken the triangle pattern on upper side So further today move will higher.


EurJpy : 22/07/2014
Our Preference: Sell Below 137.30 with tight stoploss137.60 target of 137.00 & 136.80.
Alternative Scenario: : Nill .
Technical Commentary: Eur Jpy was trading near key resistance level of 137.30 so further today we will except upto intraday key support levels .


Interested analysis, thank you.

[B]EurJpy : 23/07/2014
Our Preference: Sell Below 137.30 with tight stoploss137.60 target of 136.80 & 136.40.

Alternative Scenario: : Nill .

Technical Commentary: Eur Jpy was trading below key support level of 137.30, now it was trading in the Equi distance lines, so we can sell it near upper trend line.
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[B]EurJpy : 24/07/2014
Our Preference: Sell Below 137.30 with tight stoploss137.60 target of 136.80 & 136.40.

Alternative Scenario: : Nill .

Technical Commentary: Eur Jpy was trading below key support level of 137.30, now it was trading in the Equi distance lines, so we can sell it near upper trend line.
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EurJpy : 22/10/2014
Our Preference: Sell Below 135.90 with tight stoploss of 136.30 and target of 135.00
Alternative Scenario: : Nill
Technical Commentary: Eur Jpy was trading below the strong key resistance line, so we can sell below the strong key resistance line upto key support line and today we can except eurjpy will trade between the range pattern between key resistance level and key support level.




Eur/Jpy : 27/02/2015
Our Preference: Sell below 134.20 With tight Stoploss of 135.20 for the target of 133.00 & 132.00 levels.
Alternative Scenario: Nill
Technical Commentary:
In daily chart :- Eur/jpy was broken the triangle pattern on lower trend line and its broken key support level, now Eur/Jpy was trading near last week low:- We have shown in image.
In 4 hour & 1 hour chart, Eur/Jpy was fallen on selling sideand its broken intraday key support levels, so we can sell near key resistance level 134.20 and we can wait upto 132.00 levels which is the next good support level.




Eur/Jpy : 02/03/2015
Our Preference: Sell below 134.60 With tight Stoploss of 135.20 for the target of 133.50 & 132.50 levels.
Alternative Scenario: Nill
Technical Commentary:
In daily chart :- Eur/jpy was broken the triangle pattern on lower trend line and its reached key support level, now Eur/Jpy was moving near key resistance line so we can sell near key resistance line upto to next key support level :- We have shown in image.
In 4 hour & 1 hour chart, Eur/Jpy was broken the triangle pattern on lower side,now its trading above the key support level and near to previous support level of lower trend line , now the previous lower trend line acting as key resistance level.




Eur/Jpy : 04/03/2015
Our Preference: Sell below 133.50 With tight Stop loss of 134.20 for the target of 133.00 & 132.50 levels.
Alternative Scenario: Nill



Technical Commentary: In daily chart :- Eur/jpy was trading in the triangle pattern and near lower trend line and now its reached key support level if breaks support line means further it will move to next support level :- We have shown in image.
In 4 hour chart, Eur/Jpy was broken the triangle pattern on lower side, now its trading above the intraday key support if breaks support line means further it will move to next support level.
In 1 hour chart, Eur/Jpy was trading in the intraday triangle pattern and its trading above the intraday key support if breaks support line means further it will move to next support level:- We have shown in image.


Eur/Jpy : 05/03/2015
Our Preference: Buy Above 132.30 With tight Stop loss of 131.70 for the target of 133.00.
Alternative Scenario: Nill



Technical Commentary: In daily chart :- Eur/Jpy was broken the triangle pattern on lower side and reached safely to the major key support :- We have shown in image.
In 4 hour chart & 1 hour chart, Eur/Jpy was trading in the equidistant lines now its trading near lower trend line of equidistant line and new upper trend line also forming and trading above major key support level (horizontal line), so we can buy near key support level @ 132.30 with stoploss of 131.70:- We have shown in image.


Eur/Jpy : 10/03/2015
Our Preference: Sell below 132.30 With tight Stop loss of 131.70 for the target of 133.00.
Alternative Scenario: Nill



Technical Commentary: In weekly chart & daily chart :- Eur/Jpy was broken the major key support level 134.40 & 132.20 levels and reached last month low :- We have shown in image.
In 4 hour chart & 1 hour chart, Eur/Jpy was trading in the equidistant lines now its reached lower channel line and forming major key support level 130.00 so we can except correction from here for another 100 pip :- We have shown in image.




Eur/Jpy : 11/03/2015
Our Preference: Sell below 132.30 With tight Stop loss of 131.70 for the target of 133.00.
Alternative Scenario: Nill



Technical Commentary: In weekly chart & daily chart :- Eur/Jpy was broken the major key support level 131.00 and yesterday its closed on lower side with broken of previous key support low & 132.20 levels and reached last month low :- We have shown in image.
In 4 hour chart & 1 hour chart, Eur/Jpy was trading in the equidistant lines now its reached lower channel line and formed major key resistance line so we can sell near 130.00 and exit near intraday support levels :- We have shown in image.




Eur/Jpy : 12/03/2015
Our Preference: Sell below 132.30 With tight Stop loss of 131.70 for the target of 133.00.
Alternative Scenario: Nill
Technical Commentary: In weekly chart :- Eur/Jpy was reached last year low and reached major key support level so we can except some correction from here
In Daily chart :- Eur/Jpy was trading in the equidistant channel line and now trading in near lower channel line 127.50 so we can except some correction from here :- We have shown in image.
In 4 hour chart & 1 hour chart, Eur/Jpy was trading in the new equidistant lines, we can sell major key resistance line.





Eur/Jpy : 16/03/2015
Our Preference: Sell below 127.80 for the target of 126.50.
Alternative Scenario: Nill



Technical Commentary: In Daily chart :- Eur/Jpy was trading below last year low and its formed major key resistance of upper trend line and key resistance of horizontal line :- We have shown in image.
In 4 hour chart & 1 hour chart, Eur/Jpy was trading in the new equidistant lines, near key resistance level so we can sell major key resistance line: - We have shown in image.



[B]Eur/Jpy : 17/03/2015
Our Preference: Sell below 127.80 for the target of 126.50.
Alternative Scenario: Nill

Technical Commentary: In Daily chart :- Eur/Jpy was trading below last year low, its formed major key resistance of upper trend line and key resistance of horizontal line so we can sell near resistance levels :- We have shown in image.
In 4 hour chart & 1 hour chart, Eur/Jpy was trading in the equidistant channel lines and its trading near upper channel line and upper trend line with key resistance level so we can sell near major resistance levels : - We have shown in image.
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Eur/Jpy : 19/03/2015
Our Preference: Buy Above 128.80 for the target of 130.00.
Alternative Scenario: Nill





Technical Commentary: In Daily chart :- Eur/Jpy was broken the upper trend line and key resistance line 129.20 and reached major key resistance level 130.00 & 131.20, so we can buy near key support level :- We have shown in image.
In 4 hour chart & 1 hour chart, Eur/Jpy was broken the equidistant channel lines on upper side and its broken the major key resistance level so we can buy near intraday support level 128.80 & 128.40 levels : - We have shown in image.