--Today's Overview.
Current Rate is 125.84 and market is in going down.
I recommend "SELL" trade to the point 125.77, which might be profitable.
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--Today's Overview.
Current Rate is 125.84 and market is in going down.
I recommend "SELL" trade to the point 125.77, which might be profitable.
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,
Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 126.11
This currency name - EUR/JPY
Resistance and Target - 127.09
Support and Stop Loss - 125.13
Always follow Long time frame market trend.
Signal is Sell.
Daily overview for EurJpy
The price is finding the first support at 128.08 and the next support is at 126.94 The price is finding the first resistance at 128.94 and the next resistance is at 129.52
--- Trading recommendations for today : Open Sell ---
I predict price will be continued falling today. The first target is the level 128.06 After fixing below the first target, then price will go to the level of 127.66 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 : 128.94
Resistent2 : 129.52
Resistent3 : 129.80
Pivot : 128.66
Support 1 : 128.08
Support 2 : 126.94
Support 3 : 127.22
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
Bounce off support: The EUR/JPY was testing a rising support as well as the 131.61 support pivot during the 10/2 session, and it held going in the US part. After the ECB risk event as well as the news that Letta will remain Italy’s PM, the EUR/JPY rallied from that support.
Falling resistance: Before the EUR/JPY could test the previous resistance pivot at 133.47, it was challenged by a falling resistance that comes down from the 134.94 Sept. high. As we get into the 10/3 US session, the market appears to find resistance there showing a “dark cloud” candlestick pattern in the 4H chart.
The pair is in strong uptrend line targeting 117.80.But a clear break of this blue uptrend line will trigger a strong bearish targeting 115.80 and 115.00
Major trend : upward
Minor trend : downward
current position, a position floting loss, -4. two positions have not been executed pending orders.
price is currently undergoing a correction, and it seems like the trend up will not change.
because green marbles are still outside the lines.
position of pending orders are still valid.
Technical analysis of Eur/Jpy today trend is bearish trend
Resistance and Supporting levels is :
Resistance level is
1> Resistance level is:128.11
2> Resistance level is: 129.42
3> Resistance level is: 129.90
Supporting level is
1> Supporting level is: 128.32
2> Supporting level is: 127.83
3> Supporting level is: 127.52
current lever is Eur / jpy [ 129.35
resistance lever 1[ 129.41
resistance lever 2[ 129.47
resistance lever 3[ 129.53
support lever 1[ 129.30
support lever 2[ 129.23
support lever 3[ 129.17
EUR/JPY currency pair.
forecast Date - Tue Dec 18 2018
Today forex signal - Buy.
Support 3 - Support 2 - Support 1.
127.02 - 127.44 - 127.75
Resistance 1 - Resistance 2 - Resistance 3.
128.48 - 128.90 - 129.21
Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
Consider the daily economic news before taking the trade.