Eur/Jpy

As long as this pair couldnt manage to break its strong support level at 99.25, I remain bearish for this pair. I expect rebound can thouch 100.25 for today's movement. Take a look if this scenario will be fail only when it go lower than 99.25

EUR/JPY

technical analysis of the market
the market price of the pair is going down and is in sell position
this trend could continue today
expected resistance and support levels

R1 127.46
R2 127.56
R3 127.66
S1 127.26
S2 127.16
S3 127.06

TODAY'S TECHNICAL LEVEL OF EURJPY :

Breakout BUY Level: 127.80. ******** Strong Resistance:127.70.

Original Resistance: 127.60. ******** Inner Sell Area: 127.50.

Target Inner Area: 127.40. ******** Inner Buy Area: 127.30.

Original Support: 127.20. ********* Strong Support: 127.10.

******Breakout SELL Level: 127.00.******

***Warning *** Trading Forex on margin carries a high level of risk, and may not be suitable for all Traders or Investors.

current lever is Eur / jpy /127.50

resistance lever 1/ 127.57

resistance lever 2/ 127.63

resistance lever 3/ 127.71

support lever 1/ 127.43

support lever 2 / 127.37

support lever 3/ 127.31

today's technical analysis of eur/jpy is bearish

resistance level fist;128.05
resistance level 2nd;128.63
resistance level 3rd;129.39

supporting level fist;126.77
supporting level 2nd;126.33
supporting level 3rd;125.96

EURJPY Today Prediction
Strategy: SELL: stop loss at 128.00, take profit at 126.00, 125.00.
Resistance levels: 127.50, 128.00, and 128.50.
Support levels: 126.00, 125.00, and 124.00.

============= TODAY'S TECHNICAL LEVEL OF EUR-JPY ============


@@@@@ Resistance. 1: 127.40. @@@@@ Support. 1: 126.00.

@@@@@ Resistance. 2: 127.80. @@@@@ Support. 2: 125.60.

@@@@@ Resistance. 3: 128.20. @@@@@ Support. 3: 125.20.


============EUR-JPY MARKET OVER ALL TREND SELL ==============

having difficulties with breaking the trendline. If it continues to rise touching the 50% Fib can provoke further rallying of the pair. (114,6)
Support is at 113,8, last low.
I advise to wait for a momentum

The price is still trading in its uptrend channel targeting 117.50.But if price able to break the bottom line of the channel, we may see down fall at 115.75 area.

Major trend FOR THIS PAIR IS UP
Minor trend FOR THIS PAIR IS Down

I try to make analysis for eurjpy pair today.
I see this pair still in strong bearish movement . If this pair can break the 1.2779 support level, I predict this pair will go down to the next support at 1.2829 But if this pair go up and break 1.2729 resistent level, I predict this pair will make some correction to the next resistent level at around 1.2679
Sell signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Sell with stoploss at 1.2744 and take profit at 1.2829
Don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.