Thread: Eur/Jpy
I bought EUR/JPY for the medium term - at least several days unless I get contradictory signals.
Reasons:
Bullish price action patterns on the daily chart. First a pin bar then a bullish engulfing bar
Price is crossing a small but still important pivot zone, the 115.00 area
The support on the daily chart at 113.50 is the bounce place. Multiple bottoms in this area = strong rejection.
target at least 116.50 or more; stop loss at 113.50. Again, this is a medium term trade
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Mazz (2020-04-17)
my technical analysis and some opinion about this pair
I using technical analysis. pivot point is the point in which the market sentiment changes from bearish to bullish.
support and resistance calculations give good signal for bullish.we can see a Buy signal on MACD indicator.
major low levels also known as supports -Buy the pair long term
major high levels also known as resistance - Buy currency pair long term
take Long position can give profit today.
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Mazz (2020-04-17)
A.o A
Dear friends how are you . Forex world main welcome .
Today market technical analysis trend buy
According to some best indicator like
Bollinger band
RSI
Zigzag is the best indicater for forex users and take good tacniqe .
Market is going to up position if you like and gain good profit open buy order and gain good and huge profit I thing keep in mind use money manage and always use stop loss and take profit. If u lost in there plz try again and take good profit.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
maybe this pair will make some correction to the next high level.
I predict this pair will reach to the next resistance level,
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator .
using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit.
we must have a good strategy to get consistent profits ,
choose a strategy base on your trading style and increasing your knowledge everyday.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Pivot point, Resistance level and support level is most important to understand before trading. Resistance Level shows market is going up. so buy position is best for traders
the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.
trader can trade according market situation and earn good profit everyweek.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
the pair price already touched daily resistance 2 level and above trend line.
now the price try to move Upward.
I think the price may touch daily pivot point frokhat ki satah par hai .
Candlestick charts are the most common chart types used by retail traders and investors. There are many other types of charts such as line charts, bar charts etc., but they don’t tell the story of past price action like candlestick indicator patterns do. When active trading is based solely upon technical analysis, projecting future price action is rooted in how the price has behaved in the past.
Simple Moving Area (45): Up
Momentum (30): Up
Stochastic Oschilator : Neutral
You will earn more money if you will follow my views,because I have posted this after checking the previous routine of daily time frame of H1,H4 clearly. some traders use fundamental analysis, other use indicators or supports and residences , believe on your own strategy.
This is very risky investment. According to my limited knowledge the investors should wait and see the every aspects of the market. The investor checks the actual worth of the stock in the market. Than should take decision to invest or not in this type of security.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Akhterp (2020-04-17)
Forex Forecast with price level
EUR/JPY - pair in focus.
Current Price - 116.70
main support level - 116.54
main resistance level - 116.85
Pair likely to be in Sell today.
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Pivot points: 117.09
Resistance 1# 117.45
Resistance 2# 117.68
Resistance 3# 118.05
Support 1# 116.73
Support 2# 116.50
Support 3# 116.13
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EUR / JPY intraday: bullish as long as 116.59 is support
*
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* 116.59 is our pivot point.
Our preference: bullish as long as 116.59 is support.
Alternative scenario: pressing 116.59 will trigger a return to 115.99 then 115.64.
Comment: the RSI is greater than 50. The MACD is greater than its signal line and positive. In addition, prices are above their moving averages 20 and 50 (located at 117.04 and 117.07 respectively).
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
billyboy00007 (2020-04-17)
eurjpy pair just bounced from its support 114..
i think now its time for this pair to go up..it can be bought from here till 117..
thsi pair is not showing too much move..but for now its signals are suggesting for this much only
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
billyboy00007 (2020-04-17)
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