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EUR/JPY
market analysis with four hours chart
the market price of this pair is rising up and could continue good entry position for buy order
according to market trend the resistance and support levels could be like this
Resistance levels R1 = 130.20 R2 = 130.35 R3 = 130.50
Support levels S1 129.75 S2 = 129.60 S3 = 129.45
this pair is going to form inverted hammer in H4 we may see more down after that candle formation.
Today's technical analysis of Eur/Jpy is bearish.
1. Resistance Level: 130.24
2. Resistance Level: 130.70
3. Resistance Level: 131.16
1. Supporting Level: 129.32
2. Supporting Level: 128.86
3. Supporting Level: 128.40
Eur/Jpy Bearish Position Today,s
Current Rate is: 129.95
Resistance 1: 130.30
Resistance 2: 130.72
Resistance 3: 131.22
Support 1: 129.38
Support 2:128.92
Support 3: 128.46
Eur/Jpy today trend is bearish
Resistance and supporting level today is:
Resistance level first: 130.16
Resistance level 2nd : 130.62
Resistance level 3rd: 131.11
Supporting level first: 129.34
Supporting level 2nd: 128.98
Supporting level 3rd:128.52
bearish 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 sell signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
eurjpy bearish trend can continue , now current price at 129.95 and strong resistent at level 130.15 in hourly time frame. there is possible chance price will move to up side. then next low price is 129.45
I suggest to entry SELL with stoploss at 130.30 and take profit at 129.45
I hope you can earn consistent profit from my signal, good luck
this pair is going to form inverted hammer in H4 we may see more down after that candle formation.
Eur/Jpy is looking for a good buy for the day and we can buy it and make sure to make good money and risk management.
Below are the support and resistance levels:-
S1 129.7
S2 129.94
S3 130.08
R1 130.31
R2 130.42
R3 130.65
Happy Trading :1f607:
Eur/Jpy Today,s Bullish Trend
Current Level is : 129.46
Resistance Level is :
Resistance 1: 130.15 Resistance 2: 130.94 Resistance 3: 131.37
Supporting Level is :
Support 1: 128.93 Support 2:128.49 Support 3: 127.70
I try to make analysis for EURJPY pair today.
I see this pair still in strong bearish movement . If this pair can break the 129.17 support level, I predict this pair will go up to the next support at 128.67 But if this pair go up and break 129.67 resistent level, I predict this pair will make some correction to the next resistent level at around 130.17
Sell signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Sell with stoploss at 129.52 and take profit at 128.67
Don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.