eur/jpy Technical analysis
Resistance
1---Resistance 128.34
2---Resistance 128.49
3---Resistance 128.60
Supporting
1---Support 128.21
2---Support 128.15
3---Support 128.01
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eur/jpy Technical analysis
Resistance
1---Resistance 128.34
2---Resistance 128.49
3---Resistance 128.60
Supporting
1---Support 128.21
2---Support 128.15
3---Support 128.01
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.
Same movement seen in 3 indicators for EURJPY movement today; GMMA with his two EMA groups showed that prices in the near future will likely signal a decline, although the significance level is still not very strong; MACD it shows the same thing with GMMA, but with a stronger level of significance, with the indicator area figures moving toward zero (0); Stochastics similar to the MACD is also showing strong indications that the number of indicators to try to penetrate into the area 20. If confirmation of the decline occurred during the day, then the range of support will be recorded in the areas of 100.29 (38.2% Fibonacci retracement), 99.68 (23.6% Fibonacci retracement) and 98.68 (0% Fibonacci retracement). However, if the opposite happens then it will be recorded in the resistance range of areas 100.79 (50% Fibonacci retracement) and 101.28 (61.8% Fibonacci retracement).
Today analysis
eurjpy
Trend buy
Support level 1: 128.80
Support level 2: 128.50
Support level 3: 128.20
Resistance level 1: 129.50
Resistance level 2: 129.80
Resistance level 3: 130.10
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 129.00 and strong support at level 128.80 in hourly time frame. there is possible chance price will move to up side. then next high price is 129.50
I suggest to entry BUY with stoploss at 128.65 and take profit at 129.50
I hope you can earn consistent profit from my signal, good luck
EUR/JPY market technical analysis
- current price of the pair 1128.89
- market have bullish trend and in buy p[osition
- market resistance and support levels
Resistance levels
R1 129.17
R2 129.29
R3 129.51
Pivot level 128.95
Support levels
S1 128.75
S2 128.62
S3 128.42
Daily overview for EurJpy
The price is finding the first support at 128.65 and the next support is at 128.48 The price is finding the first resistance at 129.06 and the next resistance is at 129.24
--- Trading recommendations for today : Open Buy ---
I predict price will be continued flying today. The first target is the level 129.22 After fixing below the first target, then price will go to the level of 129.48 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 Support – Resistance :
Resistent1 : 129.06
Resistent2 : 129.24
Resistent3 : 128.93
Support 1 : 128.65
Support 2 : 128.48
Support 3 : 128.20
Technical Analysis for Eur/Jpy
Market Trend is : BEARISH
Resistance Level are:-
1= Resistance Level is : 128.99
2= Resistance Level is : 129.23
3= Resistance Level is : 129.48
Supporting Level are:-
1= Supporting Level is : 128.76
2= Supporting Level is : 128.43
3= Supporting Level is : 128.16
once in the prediction of several indicators for the technical analysis of currency pairs EURJPY on the market today are at the 128.30 pivot then I recommend you to do the open position BUY with some criteria such as the following. You put a take profit at 128.80 positions. You put a stop loss at 127.95 positions
that's indicator Bollinger Bands is trend down and signal Parabollic SAR is trend down then Support and resistance at
Resistent1 = 128.33
Resistent2 = 128.37
Resistent3 = 128.40
Pivot = 128.30
Support 1 = 128.26
Support 2 = 128.16
Support 3 = 128.19
my analysis unable to control the forex market movement. you can follow my signal , but you should put stoploss to limit the risk.
EUR...JPY
techncal analysis eur/jpy
this is a sensitive price rate
the price eur/jpy buying point is 128.96 and the selling point 128.92