Eur/ jpy Technical analyse
current price Eur / jpy/ 124.05
Resistance level 1/ 124.14
Resistance level 2/ 124.18
Resistance level 3/ 124.21
Support level 1/ 123.99
Support level 2/ 123.96
Support level 3/ 123.92
Eur/ jpy Technical analyse
current price Eur / jpy/ 124.05
Resistance level 1/ 124.14
Resistance level 2/ 124.18
Resistance level 3/ 124.21
Support level 1/ 123.99
Support level 2/ 123.96
Support level 3/ 123.92
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eur / jpy day down
what about tomorrow
see the market decided
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bullish trend seems to be taking place on the EURJPY pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
This pair can continue bullish trend, now current price at 124.01 and strong support at level 123.81 in hourly time frame. there is possible chance price will move to up side. then next high price is 124.51
I suggest to entry BUY with stoploss at 123.66 and take profit at 124.51
I hope you can earn consistent profit from my signal, good luck
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Same movement seen in 3 indicators for EURJPY movement today; GMMA with his two EMA groups showed that prices in the near future will likely signal a decline, although the significance level is still not very strong; MACD it shows the same thing with GMMA, but with a stronger level of significance, with the indicator area figures moving toward zero (0); Stochastics similar to the MACD is also showing strong indications that the number of indicators to try to penetrate into the area 20. If confirmation of the decline occurred during the day, then the range of support will be recorded in the areas of 100.29 (38.2% Fibonacci retracement), 99.68 (23.6% Fibonacci retracement) and 98.68 (0% Fibonacci retracement). However, if the opposite happens then it will be recorded in the resistance range of areas 100.79 (50% Fibonacci retracement) and 101.28 (61.8% Fibonacci retracement).
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Resistance level and Support level
current price Eur / jpy/ 123.99
Resistance level 1/ 124.06
Resistance level 2/ 124.09
Resistance level 3/ 124.14
Support level 1/ 123.96
Support level 2/ 123.92
Support level 3/ 123.88
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Eur/jpy hold in monthly pivot level (100.66) after felt down from weekly pivot level (101.70) yesterday. Price felt down from highest level (101.83). if this condition still continue in this day, price predicted to touch psichological point 99.82.
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Eur jpy is showing bearish trend and it will go down for the day
Signal:- sell
Support and resistance levels:-
S3 123.38
S2 123.65
S1 123.83
R1 124.11
R2 124.21
R3 124.49
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this is my analysis for EURJPY pair , hopefully it will be good & understandable and help you to earn good profit in trading
simple moving average chart for this pair seen as an indicator as smoothly up movement, so it is possible that the breakdown of the resistance level at 123.67. and the pair will continue to go down to the next level level at 123.42
in my personal view this pair will be continue bullish trend, for intraday trading today I suggest SELL at the level 1.2412 stop loss at the level 1.2377 target take profit at the level 1.2457
if market movement as my scenario, you can earn good profit and avoid much loss in your trade
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EURJPY Today Analysis
PIVOT POINT 124.06
Support 1 123.71
Support 2 123.16
Support 3 122.82
Resistance 1 124.60
Resistance 2 124.95
Resistance 3 125.49
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