Today we will analyze the currency pair Euro Japan Yen (EURJPY) for internet stock trading in the FOREX stock market,
Stock Technical indicators to notice in Euro Japan Yen (EURJPY)
1- Last bearish trend was from 108.34 $ (10/31/2011) to 97.22 $ (1/16/2012) a 11.12 $ move 2- The current bullish trend started from 97.22 $ at 1/16/2012 and is currently trading at 100.61 $.
3- EURJPY current support level is at 99.84 which is the 23.60 % fibonacci retracement of the last 11.12 $ move.
4- EURJPY current resistance level is at 101.47 which is the 38.20 % fibonacci retracement of the last 11.12 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
Euro Japan Yen (EURJPY) Short term stock chart patterns for internet stock trading :

6- the currency pair was resisted by a resistance line, identified by two points: 108.340 and 117.600, and is currently resisting at 102.196.
Euro Japan Yen (EURJPY) Mid term stock chart patterns for internet stock trading :

7- the currency pair was resisted by a resistance line, identified by two points: 108.340 and 122.630, and is currently resisting at 101.587.
Euro Japan Yen (EURJPY) Long term stock chart patterns for internet stock trading :

8- the currency pair was resisted by a resistance line, identified by two points: 122.630 and 138.370, and is currently resisting at 114.850.

Stock Trading Conclusion:
Euro Japan Yen (EURJPY) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 101.47, 101.59, 102.20, 102.78, 104.09, 108.34, 111.36, 114.85, 115.21.
Stock Support levels : 99.84, 99.81, 99.32, 98.92, 98.51, 97.22,.