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Daily updates for the pair --- Eur/Jpy
this pair always gives me a good profit on every trade .today its move is much better than previous .The money management of the trading trend is very effective for getting profits with the stop loss and take profits method of getting with current trade position.
Today Trend for this pair is : sell
overall up movement; 126.02
over all Down movement : 125.80
running point of today market; 12592
My judgments always make me to control the forex market movement. But please you always put a take loss in your trade for reduce your risk. Best of Luck
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Daily trend signals analyzer FA148P for Eur/Jpy
I understand all the signals and analysis from FiboPiv-2. It always enables me to understand the trend of the current market .so after the great efforts to understand market support and residence .I make the recommendation.
Support and Resistance:
Resistent3: 126.99
Resistent2: 126.67
Resistent1: 126.47
Pivot level: 126.16
Support 1: 125.84
Support 2: 125.64
Support 3: 125.33
Trading recommendation is… ( sell)
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EURJPY opened down the gap area as price resistance area at 132.03 (pink dot). Support area at 131.78. If EURJPY managed to close below this area, then the downtrend may continue until the 131.41 price level. And if the 132.03 resistance successfully penetrated upwards, then the maximum target for the correction in the major resistance at 132.39
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EUR/JPY market technical analysis
- current price of the pair is 125.95
- market have bearish trend and in sell position
- market resistance and support levels
Resistance levels
R1 126.11
R2 126.26
R3 126.37
Support levels
S1 125.80
S2 125.67
S3 125.55
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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 115.22area
The support on the daily chart at 113.30 is the bounce place. Multiple bottoms in this area = strong rejection.
target at least 116.56 or more; stop loss at 113.30. Again, this is a medium term trade
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The pair demonstrated a clear retreat from the northern horizontal support 131.42, and the pair could now overcome and upper bounds converging triangle and a sliding-200 medium-trend, it seems the bulls once again set their sights on a monthly maximum of 134.70 (this is the closest level of strong resistance, the south do not see.
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EUR/JPY currency pair.
forecast Date - Wed Dec 26 2018
Today forex signal - Buy.
Support 3 - Support 2 - Support 1.
124.79 - 125.07 - 125.55
Resistance 1 - Resistance 2 - Resistance 3.
126.30 - 126.59 - 127.06
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.
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The combine is exchanging a bullish heading under arrangement, and the exponential moving normal 21 is moving from bearish to impartial today.
The list of the energy of the MACD by the customary settings is cross-positive as it demonstrates a positive specialized deviation in the setup underpins the bulls in the combine.
It is normal that whenever broken 132.25 may target 134.79 (we suggest shutting a vast piece of the agreement at these dimensions) and the other target 134.97 then again,
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Eur/jpy
Markeet of eur.jpy today has a good movemint
Than previous days it should easy to discribe now
Ask . 125.99 . . bid .126.02 . open 125.88
Minimum 125.58
Miximum was at 126.17 . . chg. +0.11 . . +0.09%
It can stopless now at the top of edge.
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The euro ascended against dollar on Tuesday as speculators felt the cash fell enough because of progressing European vulnerability and slices to worldwide development conjectures made by multilateral money related foundations.
In Asian exchanging on Tuesday, EUR/USD was exchanging up 0.10% at 1.2981, up from a session low of 1.2974, and off from a high of 1.2985.
The combine was probably going to test bolster at 1.2938, Monday's low, and obstruction at 1.2985, the prior high.
The euro slid before against its U.S. partner as financial specialists anticipated the result of a gathering of E.U. priests this week and in addition German Chancellor Angela Merkel's first outing to Greece since 2007.
