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market technical analysis for currency pair eur/jpy
market have buy position today
market current price is 126.54
resistance and support levels will remain as
Resistance level 1 =126.78
Resistance level 2 =126.99
Resistance level 3 =127.23
Support level 1 =126.43
Support level 2 =126.20
Support level 3 =126.00
Currency pair EURJPY
support and resistance
Support 126.45
Support 126.26
Support 126.29
Resistance 126.69
Resistance 126.82
Resistance 126.90
this is my analysis for EURJPY
hopefully it will be good & understandable and help you to earn good profit in trading.
Simple Moving Average chart for this pair seen as an indicator as smoothly up movement,
so it is possible that the breakdown of the resistance level at 126.73
and the pair will continue to go down to the next level level at 126.94
Resistent1 : ------- 126.70
Resistent2 : ------- 126.92
Resistent3 : ------- 126.65
Support 1 : -------- 126.25
Support 2 : -------- 126.06
Support 3 : -------- 126.63
in my personal view this pair will be continue bullish trend, for intraday trading today I suggest SELL at the level 126.63
stop loss at the level 126.28 target take profit at the level 127.08
if market movement as my scenario, you can earn good profit and avoid much loss in your trading . keep trade with discipline and patience, remember..always trade in the direction of the current trend, because trend always your friend.
eur/jpy Resistance + Support
Resistance UP
1> Resistance 126.35
2> Resistance 126.59
3> Resistance 126.71
Support DOWN
1> Support 125.73
2> Support 125.50
3> Support 125.38
eur/jpy Technical analysis
Level of Support
1-Support 126.23
2-Support 126.15
3-Support 125.91
Level of Resistance
1-Resistance 126.36
2-Resistance 126.49
3-Resistance 126.67
today EUR/JPY Price support
Resistance 1 126.08
Resistance 2 126.23
Resistance 3 126.35
Support 1 125.96
Support 2 125.78
Support 3 125.69
Daily overview for EurJpy
The price is finding the first support at 126.22 and the next support is at 125.97 The price is finding the first resistance at 126.67 and the next resistance is at 126.89
“--- Trading recommendations for trading : Open Sell ---“
I predict price will be continued falling today. The first target is the level 125.96 After fixing below the first target, then price will go to the level of 125.80 will become the next one. we need looking fundamental news to get clear signal, don’t be overconfidence in our trading. this market is very dangerous for us. Keep apply our trading rules.
My analysis of Eur/Jpy
My trend is: buy
Resistance level is ,,,,,,
1, Resistance is :126.70
2, Resistance is :126.81
3, Resistance is : 126.93
Supporting level is,,,,,,,
1, Supporting is ;126.39
2, Supporting is : 126.26
3, Supporting is : 126.13
EUR/JPY
Resistance and Supporting
Resistance 1 - 126.72
Resistance 2 - 126.84
Resistance 3 - 127.06
Supporting 1 - 126.68
Supporting 2 - 126.50
Supporting 3 - 126.21
EURJPY TODAY ANALYSIS
MARKET TREND BEARISH
PIVOT POINT 126.63
Support 1 126.48
Support 2 126.32
Support 3 126.01
Resistance 1 126.78
Resistance 2 126.94
Resistance 3 127.25