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NordFX

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EUR/JPY News
#1
EUR/JPY intraday: the downside prevails.
Pivot: 110.8

Our preference: Short @ 110.73 with targets @ 109.85 & 109.4 in extension.

Alternative scenario: Above 110.8 look for further upside with 111.4 & 112 as targets.

Comment: the pair is rebounding but stands below its new resistance.

Key levels
112
111.4
110.8
110.223 last
109.85
109.4
109.1
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#2
EUR/JPY intraday: the downside prevails.
Pivot: 109.6

Our preference: Short positions below 109.6 with targets @ 108.35 & 107.9 in extension.

Alternative scenario: Above 109.6 look for further upside with 110.1 & 110.45 as targets.

Comment: the upward potential is likely to be limited by the resistance at 109.6.

Key levels
110.45
110.1
109.6
109.366 last
108.35
107.9
107.5
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#3
[Image: 543661_339614259445645_100001912208057_5...8167_n.jpg]

EUR/JPY MT: under pressure.
Pivot: 104.50

Our Preference: SHORT position below 104.5 with 99.2 & 97 in sight.

Alternative Scenario: Above 104.5 up move to 108.5 & 111.

Comment: the pair remains under pressure and is challenging its support.

Trend: ST Ltd Downside; MT Range, we have been bearish since 9 MAY 2012 (102.96).

Key levels Comment

111.00 *** Horizontal resistance
108.50 *** Horizontal resistance
104.50 *** MT pivot point
100.57 Last
099.20 *** Horizontal support
097.00 *** Previous low
094.15 ** Horizontal support
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#4
EJ tgk cam nak terjun je ari ni
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