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The yen was little changed against the euro, with EUR/JPY adding 0.02% to 103.58.
Investors were looking ahead to the start of a two-day European Union summit on Thursday, although no major announcements on Spain or Greece were expected.
Meanwhile, the U.S. was to publish its weekly report in initial jobless claims, as well as data on manufacturing activity in Philadelphia
The EURJPY still look on bearish trend - and till today = we can see the price now can be open bellow that Low fibo 99.36. So, yes, I see the nice Sell opportunity here although with still weak movement - but please remember that if price then can break up again more that 99.85 = it's call consolidation first here and because of that = I see = the SL for Sell OP is wise set near the price 99.85, of course
Technical analysis of Eur/Jpy is bullish
Resistance and Supporting levels is :
Resistance level is
1> Resistance level is:125.11
2> Resistance level is: 125.18
3> Resistance level is: 125.27
Supporting level is
1> Supporting level is: 124.89
2> Supporting level is: 124.78
3> Supporting level is: 124.69
:Eur/Jpy
--- Trading opinion for the best profitable trade: Open sell ---
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. Best of luck
Resistance level of this pair is:
1# Resistance is: 124.60
2# Resistance is: 124.86
3# Resistance is: 125.29
Supporting level of this pair is :
1# Supporting is: 123.75
2# Supporting is: 123.49
3# Supporting is: 123.07
Eur/Jpy
Main ye thread EUR/JPY ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.
white marbels already emerged.
I try just one position at 115.00, it looks like prices will fall at that point.
good luck...
the market fails to push above 110.05, and falls below 109.50, we can be looking for a slide towards the lows near 108.30. Then a break below this opens up the 2010 and 2011 lows, 106.29 and 105.42 respectively
The yen was little changed against the euro, with EUR/JPY adding 0.02% to 103.58.
Investors were looking ahead to the start of a two-day European Union summit on Thursday, although no major announcements on Spain or Greece were expected.
Meanwhile, the U.S. was to publish its weekly report in initial jobless claims, as well as data on manufacturing activity in Philadelphia.
eurjpy pair just bounced from its support 114..
i think now its time for this pair to go up..it can be bought from here till 117..
thsi pair is not showing too much move..but for now its signals are suggesting for this much only
Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 125.02
This currency name - EUR/JPY
Resistance and Target - 125.21
Support and Stop Loss - 124.83
Always follow Long time frame market trend.
Signal is Sell.