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EURJPY tried testing demand in the 132.15 price range. If EURJPY could break down this area, the possibility of EJ could go down even further to the next level demand at 131.5 price range. While if EJ failed to break down 132.15 area, minor uptrend likely to retrace to 132.7 level
Daily pivot Fibonacci points: Resistance levels: R1:133.02 R2: 133.28 R3: 133.70Support levels: S1: 132.38 S2: 131.96 S3:131.50
Look for a fresh medium-term higher low to carve out around 110.00 (above 108.00) ahead of the next major upside extension back towards and eventually through the recent highs by 123.35.
EUR/JPY dipped to 108.01 last week before forming a temporary low there and recovered. The development affirmed the case that recent fall from 123.31 is still in progress
yah pair is week 115.27 per close hua hai is pair ma buy ki position hai according to technical analysis yah pair be 116:00 ki resistance us k bad may be next week ma 117:00 tak puncha sakta hai ager yah 115:50 ki resistance ko cross karta hai to yah deferentially 116:00 sa up per close ho gay next week ma
Couple at the moment looks like a down, a breakdown of the local level of support 132.20 and a pair nachalaa consolidation below this level, so I'm more inclined to the sale of a small stop above 131.50 level and goals .. histogram is below the signal line so I think the situation is so soon is unlikely to change ..
Forex Forecast with price level.
EUR/JPY - pair in focus.
Current Price - 127.32
main support level - 125.81
main resistance level - 129.05
Pair likely to be in Sell today.
pair and as we can see from the chart has closed it's weekly candle above the level of 109.00 , so , that's mean the up trend is still standing and the pair is heading to 109.60
now Price has managed to break above 134.96 but the momentum is losing and if 135.60 holds then we can see support 134.26 could
be tested very soon but we need a clear break above multi year high of 135.76 to confirm the uptrend
In H1 chart of the pair, the price is in uptrend because it is above the Ichimoku Kumo Cloud and EMA 200. But there is a Divergence on MACD indicator. So, I think the price will retrace to the Kumo Cloud and then it will increase strongly.
my free zone to trade you can buy or sell here and your limits are
top point 101.95
bottom point 101.60
buy from 102 your stop lose 101.60 your target 102.30
sell from 101.60 your stop lose 101.95 your target 101.30
pair and as we can see from the chart has closed it's weekly candle above the level of 109.00 , so , that's mean the up trend is still standing and the pair is heading to 109.60
The trading rang for today is among the major support @ 115.55 and the key of resistance @ 117.70.
The general over short term basis is to the upside targeting 117 as far as area of 117.70 .
The pair is in strong uptrend line targeting 117.80.But a clear break of this blue uptrend line will trigger a strong bearish targeting 115.80 and 115.00
Major trend : upward
Minor trend : downward