EUR/JPY

Back to 138.75..maybe this week it will clear 139.00.

EURJPY signaling a test of 138.70 and 138.40 on the break of 138.90. Upside resistance, 139, 139.15 and 139.25.

buy now ! before its too late !

it will blast North in 7 minutes !

sorry, over excited with my chart. Trade at your own risk!!

higher low
higher high
trend line break

sign of TREND REVERSAL

Be careful, with going long. Price is at the 50% fib level and also has very strong resistance around 138.900
I'm short

now price is on the 138.90 (fibo 50)
that level turns into support

buy ratio 3:1

I buy and now I think m wrong.
didn't see the channel earlier
out with -4 pips

I'm shorting based on 2 bearish candles in H4 TF.
Also, price has broken the channel and I think it needs correction

EXACTLY what i thought
That's why i close my long at -4 pips

2nd bearish candle isn't bearish any more so take care mate and trade safe

Looks like head & Shoulders on hourly. 2nd shoulder is almost in place.

good job guys. nice analysis

Closed short with 30 pips gain

Eur/jpy tried to rally on Tuesday, but found enough resistance above the 139 level, and bounced back. This pair is trying again today, let's see it can break 139 level again.

EUR/JPY continues to hold just below the 200 day ma at 139.12 and for now me will maintain a neutral to negative bias. The Elliott wave count is suggesting that this is the end of the corrective wave and me should see the market fail shortly and attention revert to the 137.70 recent low and the 136.25 February low. The market will remain directly offered below 139.12/20. Rallies will make little impact on our negative bias while capped by 141.00 and the 2014 downtrend at 141.31. Me for look further losses and my initial downside target is the 136.25 2014 low. The triangle measures to approximately 130, which is achievable by the end of the year.

Good analysis, Tint. At the moment eur/jpy looks bearish.

Will another corrective bounce to 139.90 take place? However if that is the case, resistance at 140.09(last month high) should cap upside and bring another decline after that.