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Trend Analysis Using Indicators Raitis:
RaitisPriceChannel : DOWN
RaitisStoch : DOWN
RaitisCyFilter : DOWN
Prev / Daily High = 101.15
Prev / Daily Low = 100.43
Y. Middle = 100.79
If the price is above 100.79 then it will up to 101.15.
On the other hand if the price is below 100.79 then next target at 100.43.
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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 115.00 area
The support on the daily chart at 113.50 is the bounce place. Multiple bottoms in this area = strong rejection.
target at least 116.50 or more; stop loss at 113.50. Again, this is a medium term trade
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technical analysis of Eur/Jpy trend is bullish
1. Resistance Level:124.62
2. Resistance Level:124.73
3. Resistance Level: 124.84
1. Supporting Level: 124.51
2. Supporting Level: 124.41
3. Supporting Level: 124.30
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EUR/JPY market technical analysis
market trend is going bearish
market price = 124.48
Resistance levels
the market could break the first resistance at =124.62
the market could break the second resistance level at =124.74
the market could break the third resistance level at =124.84
Support levels
the market could break the first support levels at =124.35
the market could break the second support level at =124.23
the market could break the third support level at =124.12
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Of observations by the method of technical analysis I have seen of the currency pairs Eur/Jpy and indicators that I use is the Bollinger Bands and fibbo.
It is seen that the position of the forex market are on point 130.34 and there is support and resistance on the
- R3 : 131.54
- R2 : 131.04
- R1 : 130.64
- Pivots : 130.14
- S1 : 129.74
- S2 : 129.24
- S3 : 128.84
then I highly recommend you to open position SELL with
Take Profit is equal to 130.04 as well as Stop Loss at point 130.64
so that the target pips for today I think is at 40 pips
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Daily overview for EurJpy
The price is finding the first support at 124.28 and the next support is at 128.09 The price is finding the first resistance at 124.73 and the next resistance is at 124.95
--- Trading recommendations for trading : Open Buy ---
I predict price will be continued flying today. The first target is the level 124.87 After fixing below the first target, then price will go to the level of 125.13 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 : 124.73
Resistent2 : 124.95
Resistent3 : 125.12
Support 1 : 124.28
Support 2 : 124.09
Support 3 : 124.24
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Technical analysis of Eur/Jpy trend is bullish
Resistance and Supporting levels is :
Resistance level is
1> Resistance level is:124.68
2> Resistance level is: 124.79
3> Resistance level is: 124.89
Supporting level is
1> Supporting level is: 124.42
2> Supporting level is: 124.32
3> Supporting level is: 124.21
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Eur/jpy Ki Aj Market Up Ki Tarf Ho Rahiii Hai And
Mujhe Lagta Hai Aj Market Up Tarf He Hogii
Agr ap meri ray p chalo gy to inshallah apko 100 % fayada hoga
Good Luck
Current Rate:124.5250
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I try to make analysis for eurjpy pair today.
I see this pair still in strong bullish movement . If this pair can break the 124.78 resistance level, I predict this pair will go up to the next resistance level at 125.26 But if this pair go down and break 124.27 support level, I predict this pair will make some correction to the next support level at around 123.75
Buy signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Buy with stoploss at 124.41 and take profit at 125.28
my advice ..don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
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dear mate i am trying to get market technical over view for EUR/JPY
according to market technical analysis the market have down trend
the market trend is in sell position
expected resistance and support levels
market price ----------124.59
1- Resistance level----------124.74
2- Resistance level----------124.87
3- Resistance level----------124.97
1- Support level-------------124.45
2- Support level-------------124.32
3- Support level-------------124.21