technical analysis of Eur/jpy is buy
1. Resistance Level:127.46
2. Resistance Level:127.58
3. Resistance Level: 127.69
1. Supporting Level: 127.20
2. Supporting Level: 127.09
3. Supporting Level: 126.97
Printable View
technical analysis of Eur/jpy is buy
1. Resistance Level:127.46
2. Resistance Level:127.58
3. Resistance Level: 127.69
1. Supporting Level: 127.20
2. Supporting Level: 127.09
3. Supporting Level: 126.97
can see bearish downtrend channel at 4H chart. This trend line is strong resistance level.
I expect downward movement till 100.79- this is 1st target
Trend is : sell
Resistance and supporting level*
Resistance level*
1 Resistance is: 124.30
2 Resistance is: 124.50
3 Resistance is: 124.80
Supporting level*
1 Supporting is: 123.90
2 Supporting is: 123.70
3 Supporting is: 123.40
2nd target is psychological level 100.00
Good luck
EUR/JPY
EUR/JPY - This is the forex quote for the Euro vs. Japanese Yen exchange rate. EUR (the 'base currency') is quoted in terms of JPY (the 'counter currency'). The Yen is a historically low-yielding currency, making an attractive vehicle to fund carry trades (where traders borrow cheaply in JPY to buy higher-yielding currencies, including EUR. Investors tend to favor carry trades at times of optimism about global economic performance and stability; they shun them at times of market stress. This makes EUR/JPY sensitive to swings in broad-based market sentiment trends.
EUR/JPY
Resistance and Supporting
Resistance 1 - 125.72
Resistance 2 - 125.86
Resistance 3 - 125.90
Supporting 1 - 124.68
Supporting 2 - 124.54
Supporting 3 - 124.25
I can see bearish downtrend channel at 4H chart. This trend line is strong resistance level.
I expect downward movement till 100.79- this is 1st target
2nd target is psychological level 100.00
Good luck
--- Update ---
I can see bearish downtrend channel at 4H chart. This trend line is strong resistance level.
I expect downward movement till 100.79- this is 1st target
2nd target is psychological level 100.00
Good luck
Technical Analysis for the pair Eur/Jpy
Today trend is: Bullish
Support levels for the pair is:
Support1:124.54
Support2:124.42
Support3:124.1
Resistance levels for the pair is:
Resistance1:124.86
Resistance2:125.06
Resistance3:125.38
eur/jpy Technical analysis
Level of Resistance
1/ Resistance 125.32
2/ Resistance 125.49
3/ Resistance 125.60
Level of Support
1/ Support 124.24
2/ Support 124.97
3/ Support 124.71
Today the market is close and it will open on Monday
Today by checking the all routine of the chart I think that tomorrow the market of eurjpy will move in down way so I suggested that tomorrow we should choose the option of sell for trading
Hope you will follow me and will get more money because I posted this after checking the market carefully Good luck my friends.
My all best wishes are with you .
Technical Analysis for the pair Eur/Jpy
Today trend is: Bullish
Support levels for the pair is:
Support1:124.54
Support2:124.42
Support3:124.1
Resistance levels for the pair is:
Resistance1:124.86
Resistance2:125.06
Resistance3:125.38
EurJpy technical analysis by using : Auto pivot indicator.
resistent level 1 - 125.48
resistent level 2 - 125.11
resistent level 3 - 124.77
pivot point - 124.40
support level 1 - 124.06
support level 2 - 123.69
support level 3 - 123.35
Parabolic SAR indicator there a dot below the candles that indicates a downward direction in addition to that we can see a SELL signal on the MACD indicator that is moving above the level 0 beside that the CCI line is located at the lower level to perform a upward signal
on the chart of the this pair there is a main down trend signal as the 2 EMA 5 and 6 are moving above the slow EMA of 35 and if other indicators confirm a bearish direction then I will go for “SELL” positions.
Indicators Signal
Simple Moving Area (48): Down
Momentum (28): Down
Stochastic Oschilator : Down
Standard Deviation 60 : Neutral