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Analysis of the pair EURJPY
WEEKLY trend is showing a BEARISH moment for the pair.
Support levels for the pair is:
Support1: 122.80
Support2: 123.46
Support3: 123.83
Resistance levels for the pair is:
Resistance1: 124.86
Resistance2: 125.52
Resistance3: 125.89
EurJpy technical analysis by using : Auto pivot indicator.
Parabolic SAR indicator there a dot below the candles that indicates a downward direction in addition to that we can see a SELL signal on the MACD indicator that is moving below the level 0 beside that the CCI line is located at the lower level to perform a upward signal on the chart of the this pair there is a main down trend signal as the 2 EMA 5 and 6 are moving above the slow EMA of 35 and if other indicators confirm a bearish direction then I will go for “SELL” positions.
resistance level 1 : 125.68
resistance level 2 : 125.31
resistance level 3 : 124.97
pivot point : 124.60
support level 1 : 124.26
support level 2 : 123.89
support level 3 : 123.55
eurjpy pair just bounced from its support 114..
i think now its time for this pair to go up..it can be bought from here till 117..
thsi pair is not showing too much move..but for now its signals are suggesting for this much only
EUR/jpy
Today's my technical analysis
Pivot point is=124.43
Market is sell positions
Resistance and supporting levels
1 Resistance level=125.60
2 Resistance level=125.70
3 Resistance level=125.95
1 Support level=124.30
2 Support level=123.90
3 Support level =123.60
according to EURJPY technical analysis , I predict this pair have BEARISH TREND. the price is break the Support trend line and it is Falling Down with having the Short signal from the parabolic SAR. the market trend could remain in this position and I expected support resistance levels
Resistance1 # ------- # 124.60
Resistance2 # ------- # 124.82
Resistance3 # ------- # 124.55
Support 1 # ------- # 124.15
Support 2 # ------- # 123.96
Support 3 # ------- # 124.53
I suggest to take SHORT position at ----- 124.38
target take profit at ----- 123.90
target stop loss at ----- 124.76
Daily overview for EurJpy
The price is finding the first support at 124.15 and the next support is at 123.90 The price is finding the first resistance at 124.60 and the next resistance is at 124.82 I predict price will be continued falling today. The first target is the level 123.89 After fixing below the first target, then price will go to the level of 123.73 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.
“--- Trading recommendations for trading : Open Sell ---“
According to the current scenario I would like to recommend you to keep an eye on support and resistance levels of the market and also don’t forget to use the proper money management. Have a great and profitable trading everyday !!
This pair usd/chf
Technical analysis of today is strong bearish
Pivot Point. 124.38
Current Price. 124.36
Resistance level
1st. 124.47
2nd. 124.58
3rd. 124.69
Supporting level
1st. 124.25
2nd. 124.14
3rd. 124.03
once in the prediction of several indicators for the technical analysis of currency pairs EURJPY on the market today at 124.73 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 positions at 123.88 You put a stop loss positions at 124.72. 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 -- 1.8372
Second Resistance -- 1.8384
Third Resistance -- 1.8397
The First Support -- 1.8302
Second Support -- 1.8289
Third Support -- 1.8277
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 strong bearish trend.
Pivot Point. 124.38
Current Price. 124.36
1. Resistance level is. 124.47
2. Resistance level is. 124.58
3. Resistance level is. 124.69
1. Supporting level is. 124.25
2. Supporting level is. 124.14
3. Supporting level is. 124.03
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 124.12 I predict this pair will go up to the next resistance level at 123.62 But if this pair go down and break support level at 124.63 I predict this pair will make some correction to the next support level at around 125.13. Sell signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Sell with and take profit at 123.61
and put StopLoss at 124.47
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.