Eur/Jpy

After moving higher to 102.11 yesterday ,the movement of this pair down until it reverses back to the opening price level. Movement of price expected to strengthen further but will be captured by lines mbfx 101.49. Strengthening that weak has been confirmed by the movement of the stochastic signal in tf h4 that already in oversold area.
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Technical analysis for the EUR/JPY

aaj market ka trend bearish hey aur yeh trend jare reh sakta hey aaj market ka trend sell trading ke
leay acha hey , moving average aur Parabolic SAR bhe market ke bearish trend ko show kar rahay hain , agar
market price up gae to in resistance levels ko break kar sakte hey

Resistance level 1 = 126.70
Resistance level 2 = 126.82
Resistance level 3 = 126.91

agar market price down hoe to in support levels ko break kar sakte hey

Support level 1 = 126.43
Support level 2 = 126.32
Support level 3 = 126.22

bought EUR/JPY for the medium term - at least several days unless I get contradictory signals.

Reasons:
Bullish price action patterns on the daily chart. First a pin bar then a bullish engulfing bar
Price is crossing a small but still important pivot zone, the 115.00 area
The support on the daily chart at 113.30 is the bounce place. Multiple bottoms in this area = strong rejection.

target at least 116.30or more; stop loss at 113.30. Again, this is a medium term trade

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.

Now, eurjpy moving around weekly pivot level (101.51) after down from highest price ago. price had broke hma 32 and 860 and both of hma shown red colour so it esimated price will down ,but hma 192 still in green colour that indicates trend for medium trend is up. Price possibility bounch up following medium term trend, it strenghthened again by signal stochastic tf d1 that move up and tf h1 has been in oversold area.

Technical analysis for this pairs

eur/jpy analysis for 22.12.2018

( EUR/JPY ) price sell (minimum) is 128.58

or buy (maximum) 128.66

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 dear sir, today my Technical Analysis for EUR/JPY market trend is Bearisah

Resistance Level are:

1= Resistance Level is : 127.99
2= Resistance Level is : 128.31
3= Resistance Level is : 128.97

Supporting Level are:

1= Supporting Level is : 127.35
2= Supporting Level is : 126.99
3= Supporting Level is : 125.94

Daily market review for pair of: Eur/Jpy



Residence and supports
Resistance level 1: 128.075
Resistance level 2: 128.351
Resistance level 3: 128.797
Pivot point :127.628
Support level 1: 127.182
Support level 2: 126.906
Support level 3: 126.459

My recommendation for this pair is open sell
I analyses this trend after the great experience of trading. My experience is about 4 year of forex trading. I use moving average parabolic bar support and residence to understand the trend .my suggestion is not 100% correct because it is my experience only who I share with all of you. So good luck

EURJPY had a bullish momentum yesterday, topped at 111.02 and closed at 110.89. The bias is bullish in nearest term especially if price able to make another break above 111.25 testing the trend line resistance and 112.90 – 113.40 region