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Any pullbacks below 110.00 continue to be very well supported by the previous multi-day resistance area from May 2010 through February 2011. 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. Ultimately, only a sustained break below 110.00 concerns.
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
Any pullbacks below 110.00 continue to be very well supported by the previous multi-day resistance area from May 2010 through February 2011. 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. Ultimately, only a sustained break below 110.00 concerns.
I think the bearish movement on EURJPY still strong enough. Now, EURJPY almost touch and move near the support level at 100.43. If EURJPY can break this support level, I think EURJPY has a big opportunity to fall and reach the lower support level at around 99.49.steam per hour chart has formed "an inverted head and shoulders" reversal formation began this work out, have broken through the neckline and the pair opened up a path at least to the level of 101.80 (subject to overcome the 200 MA).
in all courency pairs, the pair i like is tht pair eur/jpy it is that pair how i love it in this pair the move ment of prices is normal as a trader want to see .i think in this pair no risk of loss .so good luck guys
Today current eur/jpy rate : 128.1000
Today i think that the most suitable and profitable selling point will be 127.568
and today i think that the most profitable buy point will be 128.1101
I hope you all will earn more and more money by following my signals
My all best wishes are with you . Good luck
the intersection, so the gap is still not open. But by looking at the movement of the MACD, indicator figures seen moving close to zero (0) which has the potential to move up. Stochastics indicator is also moving in the same pattern, where the indicator numbers start showing up towards the movement patterns of area 80, although it is still held above the area 50. If the price keeps going up, then the resistance will be in the range of areas of 101.71 (61.8% Fibonacci), 101.85 and 102.08 (Fibonacci 100%). However it is not possible prices move down, where the price will be welcomed range support at 101.60 (50% Fibonacci), 101.48 (38.2% Fibonacci) and 101.34 (23.6% Fibonacci).
today trend is bearish
resistance level and supporting level
Resistance level 1st;128'75 Resistance level 2nd;129.33 Resistance level 3rd;129.66
Supporting level fist;127.42 Supporting level 2nd;127.11 Supporting level 3rd;126.33
Daily overview for EurJpy
The price is finding the first support at 127.71 and the next support is at 126.53 The price is finding the first resistance at 128.59 and the next resistance is at 129.17
--- Trading recommendations for today : Open Sell ---
I predict price will be continued falling today. The first target is the level 127.69 After fixing below the first target, then price will go to the level of 127.29 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 : 1.2859
Resistent2 : 1.2917
Resistent3 : 1.2947
Pivot : 1.2829
Support 1 : 1.2771
Support 2 : 1.2653
Support 3 : 1.2683
The pair is trading in a bullish direction under formation, and the exponential moving average 21 is shifting from bearish to neutral today.
The index of the momentum of the MACD by the regular settings is cross-positive as it shows a positive technical deviation in the configuration supports the bulls in the pair.
It is expected that if breached 132.25 might target 134.79 (we recommend closing a large part of the contract at these levels) and the other target 134.97 on the other hand,
Resistance level 👉 134.221
Resistance level 👉 133.629
Resistance level 👉 133.054
Supporting level 👉 131.887
Supporting level 👉 131.295
Supporting level 👉 130.720
Evaluasion
a buy position has been successfully profit, we just liquidation, + 68, and one pending orders we move following the movements sma5 h4.
tf green marbels d1 already emerged, but still below the ema62 d1. no problem we follow the trend up in tf h4. watch the 115.72 area,
because it is a strong area of support.
Position For Order:
buy limit 1 @ 116.55
buy limit 2 @ 116.29
Money Management (MM):
Use multilevel lot. ...Lot Position 3 > lot position 2 > lot position 1.