Eur/Jpy

eurjpy pair just ricocheted from its help 114..

I think now its time for this pair to go up..it can be purchased from here till 117..

thsi pair isn't appearing much move..but until further notice its signs are proposing for this much as it were

Results of analysis of the EURJPY pair using daily pivot point calculations :

I see this pair still in strong bullish movement . If this pair can resistance level at 125.53 I predict this pair will go up to the next resistance level at 125.03 But if this pair go down and break support level at 126.04 I predict this pair will make some correction to the next support level at around 126.54

Sell signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Sell with and take profit at 125.02 and put StopLoss at 125.88

This calculation is not a reference to create the opening position but merely an approximate calculation of the price movement. I am not responsible for any errors that occur because the only information from the previous calculation. my advice .. don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.

once in the prediction of several indicators for the technical analysis of currency pairs EURJPY on the market today at 126.13 the resistent level , then I recommend you to do the open position SELL with some criteria such as the following. You put a take profit at 125.28 positions. You put a stop loss at 126.12 positions

that's indicator Bollinger Bands is trend down and signal Parabollic SAR is trend down

The following resistance and supporting level of this pairs is as below :
The First Resistance == 126.13
Second Resistance == 126.25
Third Resistance == 126.38
The First Support == 125.43
Second Support == 125.30
Third Support == 125.18

my analysis unable to control the forex market movement. you can follow my signal , but you should put stoploss to limit the risk. please .. share your analysis, so we can discuss in this forum to maximize our profit

Technical analysis of eur/jpy

Today bearish trend

Pivot Point. 126.01

current Price. 125.83

Resistance level
R1. 125.94
R2. 126.05
R3. 126.16

Supporting level
S1. 125.72
S2. 125.61
S3. 125.50

today's market technical over view for eur/jpy

according to market technical analysis the market have buy trend
the market trend could remain in this position
expected resistance and support levels
market price ----------125.80

1- Resistance level----------126.16
2- Resistance level----------126.72
3- Resistance level----------127.08
1- Support level-------------125.24
2- Support level-------------124.88
3- Support level-------------124.32

Pivotal Points: 125.96


Resistance 3: 127.25

Resistance 2: 126.90

Resistance 1: 126.31


Support 1: 125.37

Support 2: 125.02

Support 3: 124.43

bearish 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 sell signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
This pair can continue bearish trend, now current price at 125.72 and strong resistent in hourly time frame at level 125.94 there is possible chance price will move to up side. then next low price is 125.21

I suggest to entry SELL with stoploss at 126.07 and take profit at 125.22

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

The pair is stable below the support for the symmetrical triangle that was breached yesterday which keeps the negative effect remains valid. We expect the downside move to continue today pressured by trading within the descending channel and the effected of the completed Head & Shoulders pattern.



Recommendation : Based on the charts and explanations above, our opinion is selling the pair around 103.05 targeting 102.00, 101.35 and stop loss with four-hour closing above 103.85 might be appropriate

my dear sir today of my tachnical analysis is bullish trend seems to be taking place on the eurjpy pair and that 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 t his pair can continue bullish trend now current price at 125.74 and strong support at level 125.05 in hourly time frame there is possible chance price will move to up side then next high price is 126.70

My analysis of Eur/ jpy

Today trend is: Bullish

Support level is:

Support1:126.55
Support2:126.46
Support3:126.33

Resistance level is:

Resistance1:126.69
Resistance2:126.74
Resistance3:126.87