Eur/Jpy

Daily overview for EurJpy

The price is finding the first support at 128.39 and the next support is at 127.95 The price is finding the first resistance at 128.70 and the next resistance is at 128.88

--- Trading recommendations for today : Open Buy ---

I predict price will be continued flying today. The first target is the level 129.17. After fixing below the first target, then price will go to the level of 129.57 will become the next one.
we need looking fundamental news to get clear signal, don’t be overconfidence in our trading. this market is very dangerous for us. Keep apply our trading rules.

Standart Pivot Point - Support – Resistance :

Resistent1 : 128.70
Resistent2 : 128.88
Resistent3 : 129.01
Pivot : 128.57
Support 1 : 128.39
Support 2 : 127.95
Support 3 : 128.08

bullish 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 buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
This pair can continue bullish trend, now current price at 128.76 and strong support at level 128.56 in hourly time frame. there is possible chance price will move to up side. then next high price is 129.26

I suggest to entry BUY with stoploss at 128.41 and take profit at 129.26
I hope you can earn consistent profit from my signal, good luck

Technical analysis for this pairs

eur/jpy analysis for 17.11.2018

( EUR/JPY ) price sell (minimum) is 129.87

or buy (maximum) 128.94

The EURJPY was indecisive on Friday, made a Doji on daily chart. My overall technical bias remains to the downside as long as price stays below the trend line resistance but the movement back above 109.45 earlier today in Asian session stops the strong intraday bearish bias for now

the 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 then 110.00

EUR...JPY
techncal analysis eur/jpy
this is a sensitive price rate.
the price eur/jpy buying point is 128.89 and the selling point 128.70

the eur / jpy is trading now between a critical strong resistance level at 129.22 and a medium strong support at 127.76 , personally i see the matter is quite confusing , the Euro is bullish while the Jpy is strong against the other currencies like Usd , Nzd and Gbp too , and although the bearish trend on Eur / Jpy is not over but there are now some signs of a bullish reversal in place so i recommend waiting for the completion of these signals to confirm the bullish trend instead of falling in the trap between this resistance and this support


https://c.top4top.net/p_105147a4f0.png

Oscillates EUR / JPY around 101.20 after falling levels today after touching the resistance located at 101.82 levels and content then the SMA 55 and was supported by the decline stochastic

No clear signal now to the direction of the pair to pressure SMA 55 from the top, stochastic gives a positive signal for the rise

Breaking levels 101.03 and closure underneath you will pay the price for the drop to the 100.37 levels either shutdown the highest levels of 100.82 will pay the price for the rise to levels 102.50

Euro’s sharp retreat from 102.80 (last week’s high) adds credence to our view that top is formed there and as the rebound from 99.65 has ended at 102.80, consolidation with downside bias remains for further weakness towards psychological support at 100.00, however, break of minor support at 99.80 (last week’s low) is needed to signal early decline from 103.85 has resumed for deeper correction of early rise to 99.63-65, then towards 99.20-30.

my analysis to open position BUY at market watch on 11:28 in currency pairs Eur/Jpy with H1 timeframe and market position at 132.78,
because if my prediction of several indicators in Cricket Scalper shows there is a BULLISH signal on the Eur/Jpy pairs
and Stoch(5, 3, 3) indicators are in position 30 and shows a BULLISH signal,
so the most appropriate order position is to perform open position BUY by placing a stop loss at 132.48 and take profit at 133.08
time : 12:30 GMT
time frame : 15 min

current rate :133.12
high : 133.27
low : 132.68
net change : 0.05%

overall trend : slightly bearish.