mql5

EUR/JPY: bearish breakdown. Daily price is on bearish market condition located to be below Ichimoku cloud: the price broke some key resistance level for the good breakdown which was stopped by 122.53 and 122.02 support levels. Chinkou Span line broke the price to below for the breakdown to be continuing, and Absolute Strength indicator is estimating the bearish trend in the near future.

There are the following news events which will be affected on EUR/JPY price movement for the week:

• 2016-04-10 23:50 GMT | [JPY - Core Machinery Orders]
• 2016-04-11 13:25 GMT | [USD - FOMC Member Dudley Speaks]
• 2016-04-12 06:00 GMT | [EUR - German CPI]
• 2016-04-12 18:00 GMT | [USD - Federal Budget Balance]
• 2016-04-12 23:50 GMT | [JPY - PPI]
• 2016-04-13 12:30 GMT | [USD - Core Retail Sales]
• 2016-04-13 14:30 GMT | [USD - Crude Oil Inventories]
• 2016-04-14 09:00 GMT | [EUR - Core CPI]
• 2016-04-14 12:30 GMT | [USD - Core CPI]
• 2016-04-15 02:00 GMT | [CNY - GDP]
• 2016-04-15 09:00 GMT | [EUR - Trade Balance]
• 2016-04-15 12:30 GMT | [USD - Empire State Manufacturing Index]
• 2016-04-15 14:00 GMT | [USD - UoM Consumer Sentiment]

Resistance	Support
128.21	122.53
130.89	122.02