EUR/JPY

[Dmitriy Ushakov]

Greece have paid the necessary payment to creditors and it is positive for bulls. But it isn't a big point for euro growing. The successful negotiations allowed EURJPY to break the current resistance and test 136.00 level. If the pair trades below 134.70, there will be some risks.

 

[Dmitriy Ushakov]

General mood is a downcast, though it is trying to recover against Yen. But these efforts meet resistance 136.35, which cannot be overcome by bulls. There are still risks of testing 134.30, which will open a way to a psychological level 133.00.

 

[Dmitriy Ushakov]

The pair EUR/JPY was not volatile and traded in the range of 138,85 - 138,01 yesterday. Now the H4 chart clearly shows that the pair is trading at the upper border of the trading channel, trying to get the level of support 138,48. If the pair succeed, we should sell to the support level at around 138,12. The resistance levels today are at 138,96 and 139,32.

 

[Dmitriy Ushakov]

On Tuesday, the pair EUR/JPY showed a good volatility,having passed 141 points over the trading session moving in a Southern direction. At the moment, our pair is being traded just above resistance level 135.70, trying to gain a foothold there. If the pair manages to implement its plans, it is worth buying it to the resistance 136.40 and the upper border of the trading channel, where you should look for an entry point into the market. Support levels for today - 134.98 and 134.28.

 

[Dmitriy Ushakov]

For a few days, the euro - yen shows the movement within the flat. Upon that, each day it narrows this range. The movement that resembles a tapering triangle. Out of this triangle I see growth above the level of 135.7 to the area 135.9 - 136.3 .

 

[Dmitriy Ushakov]

At the end of the trading week, Euro/Yen pair remained in uncertainty. Price consolidated above the daily Friday pivot - 132.52, the same level on Monday will be key level. If it is knocked down, the pair will continue to fall - 131.64; If it bounces, growth may be to - 134.49 and above.

 

[Dmitriy Ushakov]

Yesterday's trading session was spent by the currency pair GBP/JPY within the range of 132.79 - 132.19 in descending trading channel. Now the pair is traded in the area between resistance levels of 131.45 and 131.71 and support levels 131.11 and 130.85. Selling the pair can be considered below the support level 131.11. We can buy above 131.45

 

[Dmitriy Ushakov]

Over the yesterday's trading session, the currency pair EUR/JPY tried to pass the upper border of the trading channel twice as shown on the char H1. Currently the pair is already below the support level 130.69, and indicators point to the possibility of selling the pair to the support level at around 130.42, where near the bottom border of the channel you can try to buy. Resistance levels for today are 131.10 and 131.37.

 

[Dmitriy Ushakov]

Looking now at the chart of the currency pair EUR/JPY, you will notice that it is moving in the flat in a downward trading channel and is traded between resistance levels of 132.87 and 133.16 and 132.37 support levels and 132.08. The indicators currently point to the possibility of growth and purchase of the pair to resistance levels. Sales should be considered below yesterday's low - 132.58.

 

[Dmitriy Ushakov]

On Friday, the currency pair EUR/JPY failed to gain a foothold in the 129th figure and now H1 chart shows it between the support level around 127.75 and 127.41 and resistance levels 128.41 and 128.75 . To be sold, the pair must overcome the support level 127.75 and the bottom of the upward trading channel. Buying the pair should be considered above 128.41 resistance.

 

[Dmitriy Ushakov]

Yesterday the currency pair EUR/JPY made 107 points in a southerly direction and it continues to decline today, trading at the lower boundary of the channel on the chart of H1. But the indicators hint at the possibility of buying the pair to the resistance levels 121,27 and 121,65. Sale today should consider if the pair is outside of the down channel and consolidates below the support level of 130,58.

 

[Dmitriy Ushakov]

Currency pair EUR/JPY is currently being trading between support levels 127.16 and 126.67 and the resistance levels at 127.95 and 128.44 marks. The pair can not cross the mark 127.65. The indicators hint at the possibility of selling the pair to the support level, where at the bottom we should look for the entry point in purchases.

 

[Lee Mark]

Currency pair EUR/JPY is currently being trading between support levels 127.16 and 126.67 and the resistance levels at 127.95 and 128.44 marks. The pair can not cross the mark 127.65. The indicators hint at the possibility of selling the pair to the support level, where at the bottom we should look for the entry point in purchases.

Hi, are you here? Whats your current observation on this trading pair?