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I bought EUR/JPY for the medium term - at least several days unless I get contradictory signals.
my dear friends i think 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 thats why ithink 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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Eur/Jpy Bearish Position Today,s
Current Rate is: 129.26
Resistance 1: 129.87
Resistance 2: 129.33
Resistance 3: 130.65
Support 1: 128.80
Support 2:128.21
Support 3: 128.03
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Today's Technical analysis of Eur/jpy is bearish.
1. Resistance Level. 130.07
2. Resistance Level. 130.62
3. Resistance Level. 131.08
1. Supporting Level: 129.07
2. Supporting Level: 128.61
3. Supporting Level: 128.07
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Resistance level 1;130.00
resistance level 2;130.40
resistance level 3;131.70
support level 1;129.20
support level 2;128.00
support level 3;127.50
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EURJPY RATE ANALYSIS CURRENT RATE IS:129.63
Resistance Level: 130.31
Resistance Level: 130.95
Resistance Level: 131.50
Supporter Level: 129.22
Supporter Level: 128.65
Supporter Level: 127.75
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my free zone to trade you can buy or sell here and your limits are
top point 102.00
bottom point 101.50
buy from 102 your stop lose 101.50 your target 102.30
sell from 101.50 your stop lose 102.10 your target 101.20
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Eur/jpy has been moving up for the day and i think it can go up and we can have a buy trade on this pair. Make your risk management accordingly.
Below are the support and resistance levels:-
S3 128.49
S2 129.21
S1 129.58
R1 130.31
R2 130.67
R3 131.39
Happy Trading :1f607:
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Eur/Jpy seems to going down today and i think we can go for a sell trade. Manage your risk accordingly.
Below are the support levels:-
S3 129.4
s2 129.54
S1 129.62
Below are the resistance levels:-
R1 129.77
R2 129.82
R3 129.96
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Analysis pair = EUR/JPY
my buy suggestion today = 129.87
my sell suggestion today = 129.51
my important price today
129.75 - 129.79 - 129.87
Making Profit in Forex depends upon your trading plan.
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EUR/JPY currency pair.
forecast Date - Thu Oct 18 2018
Today forex signal - Buy.
Support 3 - Support 2 - Support 1.
129.40 - 129.48 - 129.56
Resistance 1 - Resistance 2 - Resistance 3.
129.72 - 129.80 - 129.88
Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
Consider the daily economic news before taking the trade.