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Results of analysis of using daily pivot point calculations for EURJPY
I see this pair still in strong bullish movement . If this pair can resistance level at 125.28 I predict this pair will go up to the next resistance level at 125.76 But if this pair go down and break support level at 124.77 I predict this pair will make some correction to the next support level at around 124.25, Buy signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Buy with and take profit at 125.78
and put StopLoss at 124.91
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.
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This pair eur/jpy
Technical analysis of today is strong bearish
Pivot Point. 124.89
Current Price. 125.03
Resistance level
1st. 125.14
2nd. 125.25
3rd. 125.36
Supporting level
1st. 124.90
2nd. 124.79
3rd. 124.68
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Pivotal Points: 124.86
Resistance 3: 125.57
Resistance 2: 125.38
Resistance 1: 125.05
Support 1: 124.53
Support 2: 124.34
Support 3: 124.01
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My dear the technical analysis of this pairs and the trend of this pairs Eur/Jpy bearish
The resistance and supporting level of this pairs Eur/JPy ery success today.
The resistance and supporting level of this pairs is as under.
The resistance level of this pairs.
First. Resistance level is=125.05
Second. Resistance level is=125.40
Third. Resistance level is=125.60
The supporting level of this pairs.
First. Supporting level is=124.50
Second. Supporting level is=124.30
Third. Supporting level is=123.94
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Currency Pair => Eur/jpy
Hour 4 Signals => Sell
Support & Resistance levels:
Support Level 1 => 124.94
Support Level 2 => 124.83
Support Level 3 => 124.68
Resistance Level 1 => 125.09
Resistance Level 2 => 125.18
Resistance Level 3 => 125.37
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Technical analysis of eur/jpy
Today strong bearish trend.
Pivot Point. 124.89
Current Price. 125.00
1. Resistance level is. 125.11
2. Resistance level is. 125.22
3. Resistance level is. 125.33
1. Supporting level is. 124.88
2. Supporting level is. 124.77
3. Supporting level is. 124.66
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bullish 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 buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal. This pair can continue bullish trend, now current price at 124.84 and strong support in hourly time frame at level 124.62 there is possible chance price will move to up side. then next high price is 125.35
I suggest to entry BUY with stoploss at 125.34 and take profit at 124.49
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. I hope you can earn consistent profit from my signal, good luck
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EUR/JPY
EUR/JPY - This is the forex quote for the Euro vs. Japanese Yen exchange rate. EUR (the 'base currency') is quoted in terms of JPY (the 'counter currency'). The Yen is a historically low-yielding currency, making an attractive vehicle to fund carry trades (where traders borrow cheaply in JPY to buy higher-yielding currencies,
Last Updated: May 2,
Symbol S3 S2 S1 P R1 R2 R3
EURJPY 124.89 124.96 125 125.03 125.07 125.1 125.17
SUPPORT & RESISTANCE
EUR/JPY
S1 124.75 W R3 126.89 S
S2 123.83 M R2 125.87 M
S3 124.26 S R1 125.09 W
Trend Neutral.
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HEY, TRADERS, WE HAVE A GOOD CONFLUENCE ON THIS PAIR FOR A VERY GOOD SHORT, BELOW YOU FIND THE EDUCATIONAL VIDEO I SPEAK ABOUT.
1 Resistance level is. 125.11
2 Resistance level is. 125.22
3 Resistance level is. 125.33
1 Supporting level is. 124.85
2 Supporting level is. 124.79
3 Supporting level is. 124.67
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my analysis of EUr/Jpy
Today Trend is:buy
Resistance and Supporting level today,s
Resistance level today,s is
First Resistance is:125.43
Second Resistance is: 125.78
Third Resistance is: 126.25
Supporting levels today,s is
First Support is: 124.74
Second Support is:124.32
Third Support is:123.97
