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No clear signal now to the direction of the pair to pressure SMA 55 from the top, stochastic gives a positive signal for the rise
Breaking levels 101.03 and closure underneath you will pay the price for the drop to the 100.37 levels either shutdown the highest levels of 100.82 will pay the price for the rise to levels 102.50
The trading rang for today is among the major support @ 115.55 and the key of resistance @ 117.70.
The general over short term basis is to the upside targeting 117 as far as area of 117.70
EurJpy technical analysis by using : Auto pivot indicator.
resistent level 1 …………. 127.82
resistent level 2 …………. 127.45
resistent level 3 …………. 127.11
pivot point …………. 126.74
support level 1 ………….. 126.40
support level 2 ………….. 126.03
support level 3 ………….. 125.69
Parabolic SAR indicator there a dot below the candles that indicates a upward direction in addition to that we can see a BUY signal on the MACD indicator that is moving above the level 0 beside that the CCI line is located at the higher level to perform a upward signal
on the chart of the this pair there is a main up trend signal as the 2 EMA 5 and 6 are moving above the slow EMA of 35 and if other indicators confirm a bullish direction then I will go for “BUY” positions.
Oscillates EUR / JPY around 101.20 after falling levels today after touching the resistance located at 101.82 levels and content then the SMA 55 and was supported by the decline stochastic
No clear signal now to the direction of the pair to pressure SMA 55 from the top, stochastic gives a positive signal for the rise
Breaking levels 101.03 and closure underneath you will pay the price for the drop to the 100.37 levels either shutdown the highest levels of 100.82 will pay the price for the rise to levels 102.50
Eurjpy
Resistance level is
1> Resistance level is:126.65
2> Resistance level is: 126.55
3> Resistance level is: 126.49
Supporting level is
1> Supporting level is: 125.41
2> Supporting level is: 125.60
3> Supporting level is: 125.50
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 126.52 and strong support at level 126.30 in hourly time frame. there is possible chance price will move to up side. then next high price is 127.03
I suggest to entry BUY with stoploss at 126.17 and take profit at 127.02
use higher timeframe is very important because it always helps you to enter in the direction of current trend . using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit
my free zone to trade you can buy or sell here and your limits are
top point 101.50
bottom point 101.10
buy from 101.50 your stop lose 101.10 your target 101.80
sell from 101.10 your stop lose 101.50 your target 100.80
TRADE WITH EXPERIENCE
Pivotal Points: 125.43
Resistance 3: 126.56
Resistance 2: 126.12
Resistance 1: 125.87
Support 1: 125.17
Support 2: 124.74
Support 3: 124.49
Eurjpy
Resistance level is
1> Resistance level is:126.65
2> Resistance level is: 126.55
3> Resistance level is: 126.49
Supporting level is
1> Supporting level is: 125.41
2> Supporting level is: 125.60
3> Supporting level is: 125.50
I think the bearish movement on EURJPY still strong enough. Now, EURJPY almost touch and move near the support level at 100.43. If EURJPY can break this support level, I think EURJPY has a big opportunity to fall and reach the lower support level at around 99.49.