The EURJPY tries to break below the 128.00 level, but it is leaving behind a long lower shadow on the daily chart. The pair may once again find a support at the 128.00 zone and stay boxed between that level and the 129.00 level
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The EURJPY tries to break below the 128.00 level, but it is leaving behind a long lower shadow on the daily chart. The pair may once again find a support at the 128.00 zone and stay boxed between that level and the 129.00 level
EJ, my new buddy. Thank you.
NB TP 1/4 trades just as I saved this pic. It was all too much for me.
Just TP 2/4 128.100
last 2 BE, it would be nice if hour could close above 128.000
The EURJPY is having difficulty breaking above the 129.00 level, but the 55 and 200 day EMAs around the 130.00 level could act as resistance. To the downside, the 128.14 level may act as support.
Had 2 trades, just TP 1 at 128.807, other BE, will review TP for remaining, maybe 128.520 ??
good, steady rally on the EURJPY towards the 55 day EMA at the 129.40 level, which could act as resistance on the pair. Above the 55 day EMA, its next resistance could be the 200 day EMA around the 130.00 level. Below the 129.00 level, the most relevant support is at the 128.14 level where we can find the 200 week EMA.
Risking $30 on this potential cracker and going to have a wine. Good luck!
Nb didn't want to risk the $30 even and came back to find I got stopped for $6. oh well. I'm done for the day
It's right at the 50SMA on daily. Will it have the strength to get up ?? I re entered with another trade, but I think only the one. Indecision friday after a big week
Looking at the big picture, there's so much resistance coming up, I think I'll actually TP when this little run puffs out, maybe in 20-30 min ?
NB 129.950, calling it a day. Good Luck
The EURJPY found a good resistance zone around the 130.00 level where we can also find the 200 day EMA. From that zone the price bounces to the downside and could find a support around the 129.00 level.
Technical analysis of eur/jpy is bearish
Resistance and Supporting levels is :
Resistance level is
1> Resistance level is:124.63
2> Resistance level is: 125.04
3> Resistance level is: 125.34
Supporting level is
1> Supporting level is: 123.92
2> Supporting level is: 123.62
3> Supporting level is:123.21