Updated the:
06/18/2012
EUR/JPY Technical Analysis comments :
Sentiment :
sentiment
99.50
sentiment
99
sentiment
The pair EUR/JPY has opened the week on a bullish gap, allowing the price to validate the breakout of 100 (buy signal).
The pair is still moving into its medium term bearish channel (purple lines).
All indicators are bullish.
We continue to advise long positons as far as 99.50 is support.
The breakout of 100.50 will give a new buy signal and will open the way towards 101.
In case of return below 99.50, we will wait the breakout of 99 to advise short positions.
Complete sheet of the pair EUR/JPY - Previous EUR/JPY Analysis

Chart of the pair EUR/JPY - Timeframe 4H - Zoom in :

EUR/JPY

Chart of the pair EUR/JPY - Timeframe 4H - Zoom out:

EUR/JPY

EUR/JPY Live Chart - Timeframe : 4h

Chart