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EURJPY Technical Analysis Forecast Thursday, January 24, 2013

ForexZig.com January 24, 2013

EURJPY Technical Analysis

During the Wednesday, January 23, 2013 forex currency pair EURJPY opened at 118.238 and ended at 117.842.

Daily highest value was 118.325 and daily bottom price was 117.044.

At the Asian trade session the currency pair EURJPY opened at 118.054 and ended at 117.700. Asian top rate was 118.287, Asian lowest level was 117.523.

At the European trade session the currency pair EURJPY opened at 118.117 and ended at 117.841. European top rate was 118.162, European lowest level was 117.576.

At the U.S. trade the pair EURJPY started the session at 118.397 and ended at 119.140. US highest level was 119.251, US lowest level was 118.247.

EURJPY Thursday, January 24, 2013 Daily analysis for EURJPY

Pivot levels for today are:

Support:S1 = 117.149,S2 = 116.456,S3 = 115.868.

Resistance:R1 = 118.430,R2 = 119.018,R3 = 119.711.

EURJPY Forecast

We foresee short-term change at 0.412 and a long-term adjustment at 0.520.

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