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this is my analysis for EURJPY pair , hopefully it will be good & understandable and help you to earn good profit in trading.
simple moving average chart for this pair seen as an indicator as smoothly up movement, so it is possible that the breakout of the resistance level at 124.69. and the pair will continue to go up to the next resistance level at 124.94
in my personal view this pair will be continue bullish trend, for intraday trading today I suggest BUY at the level 124.64. , stop loss at the level 124.29 target take profit at the level 125.09
if market movement as my scenario, you can earn good profit and avoid much loss in your trade
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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 by 108.00 ahead of the next major upside extension back towards and eventually through the recent highs by 123.35. Ultimately, only a break back below 108.00 concerns.
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Pair:- Eur Jpy
As per analysis, Bearish trend seems to be there in market and the price will go down.
I recommend Sell signal on it.
Support Levels:-
Support1: 123.24
Support2: 123.77
Support3: 123.95
Resistance Levels:-
Resistance1: 124.38
Resistance2: 124.63
Resistance3: 125.06
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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 123.90 and strong support at level 123.70 in hourly time frame. there is possible chance price will move to up side. then next high price is 124.40
I suggest to entry BUY with stoploss at 123.55 and take profit at 124.40
I hope you can earn consistent profit from my signal, good luck
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Todays. eur/jpy Resistance & Support
Resistance
1-Resistance 128.58
2-Resistance 128.61
3-Resistance 128.78
Support
1-Support 128.41
2-Support 128.38
3-Support 128.25
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EUR/jby ki markeet ka pair strong sell ka bana hova he or mujhy lagta he ye markeet down ki tarf jae gi so hamin sell ki trade laga deni chahiy ye ap k ley bast sabit ho gi thanks you..124.0940
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Eur/Jpy
Today market trend is Bearish.
Resistance levels are
R3. 125.46
R2. 124.97
R1. 124.67
Support levels are
S1. 123.83
S2. 123.47
S3. 122.99
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once in the prediction of several indicators for the technical analysis of currency pairs EURJPY on the market today are at the 124.27 support level then I recommend you to do the open position BUY with some criteria such as the following. You put a take profit at 125.12 positions. You put a stop loss at 124.25 positions
that's indicator Bollinger Bands is trend down and signal Parabollic SAR is trend down then Support and resistance at
Resistent1 = 124.97
Resistent2 = 125.09
Resistent3 = 125.22
Support 1 = 124.27
Support 2 = 124.14
Support 3 = 124.02
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analysis of eur/jpy
current rate is 123.83
trend signal is Bearish.
Resistent1 = 124.97
Resistent2 = 125.09
Resistent3 = 125.22
Support 1 = 124.27
Support 2 = 124.14
Support 3 = 124.02
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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 123.90 and strong support at level 123.70 in hourly time frame. there is possible chance price will move to up side. then next high price is 124.40
