Now, price on try to break up that strong supply at 111.75. Just be aware with more bulls continuation here if that 111.75 also can be break by strong buyer (then). Just it.
Regards.
Printable View
Now, price on try to break up that strong supply at 111.75. Just be aware with more bulls continuation here if that 111.75 also can be break by strong buyer (then). Just it.
Regards.
It looks like the bulls started to close their positions a pair of very sharp and the momentum has just collapsed to the south, if it's the price goes below 111.75 support is closed and I am part of their long positions, on sale plan Stavan only breakout sloping trend line and now against it is better not to go .
Now formed another buy signal appears pair has completed the correction and is now preparing to resume the northern movement of the trend, the couple went to a strong area of the lower fractals 111.55 (about which there are also moving alligator-which are also the levels of support), the first target 112.45 (today's high) .
EURJPY rise is overextended but, yesterday, it managed to make new highs. It is now challenging the strong resistance at 111.44/111.60. Given the general overbought conditions, we favour a phase of weakness in the next few days. EURJPY also has moved above its long-term downtrend. Monitor the test of the key resistance at 111.60.
EUR JPY boht he acha or best pair ha or muja lagta ha es week ya pair up ho ga or bhot sara up ho ga es laya mari all members ko request ha ka trading main es pair ko sotch samaja kar kahalao
The pair is still targeting to touch 113.30, but it will have a correction first before it start to go up again. The range for today is about 110.82 to 112.49
todays pivot point are-
Time frame- H4
here we can see that price holds in upper side at 112.50 that is not break and price is move down side with making a candlestick patter signal. in upper side stop loss is 112.30 and lower side take profit is 110.50
pivot point are-
Resistance 3- 113.45
Resistance 2- 112.97
Resistance 1- 112.29
Pivot point- 111.81
Support 1- 111.13
Support 2- 110.65
Support 3- 109.97
Support: 110.64
Pivot: 111.81
Resistance: 112.98
trendspotter buy
7 day average directional indicator buy
10-8 day MA hilo channel buy
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold
Technical Analysis for EURJPY 80% Buy
long positions at 110.92 with 111.20 and 111.40 as next targets
the breakout of 110.68 will call for arebound towards 110.10
As long as price stays below ema 50, the trend will remain bearish trend
During the last MACD dibawahlevel 0, the trend will remain bearish trend
Trend: Bearish
Target 111.7
Spoiler: