Structure ko dekh k patta chalta hai k resitance low hai aur suppoting level kafi solid hai jis se khud hi andaza lagaya ja sakta hai k trade chancess less hain aur buying and selling level comfortable hai.
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Structure ko dekh k patta chalta hai k resitance low hai aur suppoting level kafi solid hai jis se khud hi andaza lagaya ja sakta hai k trade chancess less hain aur buying and selling level comfortable hai.
Currency Of Eur/Jpy
Resistance and Supporting levels
Parabolic is:bearish
Fisher transform:bearish
Resistance level
1- Resistance level is:124.09
2- Resistance level is: 124.23
3- Resistance level is: 124.36
Supporting level is:
1- Supporting level is: 123.84
2- Supporting level is: 123.67
3- Supporting level is: 123.54
Eur/jpy:-
Today's signal:- sell
Current price:- 123.9570
T.P:- 122.7850
S.L:- 124.8862
trend Eur/Jpy currently H4 Clean buy mai hai aur apky leye suggest krnga k ap further study kary trend ko aur phir trade kary.
Support and resistance level are given below ↓↑↓
| Resistance 1: 124.17
| Resistance 2: 124.35
| Resistance 3: 124.56
| Support 1: 123.79
| Support 2: 123.61
| Support 3: 123.40
Aur hamisha low risk low lot size k sath trading kary.
In my previous USDjpy' analysis, there was a very upwards channel that was about to break. The channel broke and it dumped in 2 waves, similar to this one. Now, it seems this pair has formed a very nice double bottom formation
1 Resistance level is: 124.16
2 Resistance level is: 124.34
3 Resistance level is: 124.55
1 Supporting level is: 123.81
2 Supporting level is: 123.65
3 Supporting level is: 123.43
EURJPY Today Analysis
Market Trend BULLISH
PIVOT POINT 124.34
Support 1 123.95
Support 2 123.65
Support 3 122.97
Resistance 1 124.64
Resistance 2 125.03
Resistance 3 125.72
"Hello dear (indian-forex) members of this great community, :) Today I want to share with you my intraday analysis of EUR/JPY. :)))
EUR/JPY is Strong Sell according to four-hour chart. RSI(14)'s value is (44.262), STOCH(9,6)'s value is (39.107) and STOCHRSI(14)'s value is (94.38).
Let's have a look at today's Support and Resistance levels:
Pivot Point: 123.82
Support 1: 123.52
Support 2: 123.35
Support 3: 123.05
Resistance 1: 123.99
Resistance 2: 124.29
Resistance 3: 124.45
According to the current scenario I would like to recommend you to keep an eye on the pivot point and take your trade according to the support and resistance levels of the market and also don’t forget to use the proper money management. Have a great and profitable day ahead! :happy: :peace:"
Eur/he Lira is expected to remain under pressure in the near to medium terms despite the sentiment in the risk-associated space and around the EM FX universe has somewhat improved in past weeks. The next key event in Turkey will be the municipal elections (Sunday), considered crucial as the much-need structural reforms are expected to kick in soon afterwards. Furthermore, TRY will remain in the centre of the debate ahead of the elections, as unwelcomed weakness in the currency could prompt an emergency rate hike by the CBRT. This scenario will surely collide with Erdogan’s intentions of lower rates and undermine at the same time the efforts of the economy to recover from the current recession.
At the moment the pair is gaining 2.26% at 5.4425 and faces the next hurdle at 5.4658 (200-day SMA) seconded by 5.6371 (high Jan.3) and then 5.8413 (2019 high Mar.22). On the downside, a break below 5.2918 (low Mar.26) would aim for 5.1594 (2019 low Jan.31) and finally 5.1304 (monthly low Nov.29 2018).
There is bearish potential for a fall to 108.85 while 109.93 - 110.29 resist. After this fall a recovery up to 110.29 or 110.66 is expected.
Supports / Resistances
Res 2 111.7300
Res 1 110.6600
Pivot 109.9300
Sup 1 108.8500
Sup 2 108.1300