EUR/JPY Technical Analysis
(Euro / Yen)

eurjpy
eurjpy


Updated the:
04/18/2014
EUR/JPY : Be prepared for the correction. We're waiting the signal...

Sentiment :
sentiment sur la parité AUD/USD
141.85
sentiment sur la parité AUD/USD
141.15
sentiment sur la parité AUD/USD

--- Follow up analysis ---
The pair EUR/JPY continues to evolve below the second central line of its long-term bullish channel (blue lines).

I still advise traders to trade the EUR/JPY outside the range of 141.15 / 141.85 points:

- Stay flat (no position) between 141.15 and 141.85 points.

- Trade only Shorts positions (sell) below 141.15 points.
A break of 140.65 will offer a new sell signal for a return on 140,17 (Fibonacci retracement 38.20 %).

- Trade only Long positions (buy) above 141.85 points.
A break of 142.28 Points (fibonacci retracement 23.60%) will offer a new buy signal for an extension of the rebound towards 142.90.
Full analysis

Analysis published by Vincent, the 04/18/2014 at 09h30 GMT+2


Chart of the pair EUR/JPY - Timeframe 1H
EUR/JPY Technical Analysis

Chart of the pair EUR/JPY - Timeframe 4H
EUR/JPY Technical Analysis

Live EUR/JPY Chart - Timeframe : 1H*
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