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Price closed on the H4 chart below a very strong support at 105.00. That's a round number too, acted as support in the past and now price is below it.
A bearish acceleration is very possible today so keep your short positions open as long as price remains below 104.00.
The fall of EUR / JPY from 126.79 continues today, and development implies the completion of a rebound from 123.56. The consolidation pattern from 127.50 expands with another decline. Intraday offset rotates back in order to support 124.78. The break will be aimed at 123.65 and possibly lower. On the other hand, above 126.06, insignificant resistance will shift the bias back to growth for 126.79.
pivot point;1.2449
Resistance and Supporting levels is :
Resistance level is
1> Resistance level is: 1.2449
2> Resistance level is: 125.50
3> Resistance level is: 125.88
Supporting level is
1> Supporting level is: 123.85
2> Supporting level is: 123.45
3> Supporting level is: 122.80
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 the breakdown of the resistance level at 124.17 and the pair will continue to go down to the next level level at 123.95 in my personal view this pair will be continue bullish trend, for intraday trading today I suggest SELL at the level 124.26 stop loss at the level 123.81 and target take profit at the level 124.61
Resistance1 : ------- 124.64
Resistance2 : ------- 124.87
Resistance3 : ------- 124.60
Support 1 : -------- 124.19
Support 2 : -------- 124.00
Support 3 : -------- 124.56
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 market technical analysis
market trend is sell position
current market price =124.30
Resistance levels
the market could break the first resistance at =124.67
the market could break the second resistance level at =125.33
the market could break the third resistance level at =125.70
Support levels
the market could break the first support levels at =123.64
the market could break the second support level at =123.27
the market could break the third support level at =122.61
This pair eur/jpy
Technical analysis of today is strong bearish
Pivot Point. 124.56
Current Price. 124.41
Resistance level
1st. 124.52
2nd. 124.63
3rd. 124.74
Supporting level
1st. 124.30
2nd. 124.20
3rd. 124.10
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 124.10, I predict this pair will go up to the next resistance level at 123.60 But if this pair go down and break support level at 124.61, I predict this pair will make some correction to the next support level at around 125.11, Sell signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Sell with and take profit at 123.59
and put StopLoss at 124.45
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.
EUR/JPY Today Analysis
PIVOT POINT ;124.28
Support 1;124.10
Support 2;123.84
Support 3;123.66
Resistance 1;124.55
Resistance 2;124.72
Resistance 3;124.99
Analysis for EurJpy Buy
Support_1 124.29
Support_2 124.18
Aur
Support_3 124.07
Resistance_1 124.53
Resistance_2 124.64
Aur
Resistance_3 124.75
Ap sy request ha k ap apni behalf par trading kary ye srf meri personal analysis he ap apne khud k mind se trade kare.
eurjpy
Hellow Everyone, My Dear Sir Today Of My Technical Analysis Is eurjpy Sell To Strongly And time frame H1 and H4 moving average indicator RSI (14) and stochastic oscillator (5,3,3)
and
Daily Support And Resistance Level Of This Pairs,,,,,,,
1-Resistance level = 126.87
2-Resistance level = 126.45
3-Resistance level = 126.36
1-Supporting level = 125.74
2-Supporting level = 125.46
3-Supporting level = 125.31