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If EUR/JPY continues its advance into higher levels, it may encounter resistance at 117.80 (May 31 high), 118.50 (April 26 low) and 119.20 (May 3 low). To the downside, support levels lie at 117.16 (May 20 high), 116.90 (May 11 high), and 116.37 (May 26 high).
At daily time frame the price has just touched the bearish trend line and smaller time frames are also giving a signal of selling this Pair. We should give a day to this Pair to define its movement and then should go for a trade.
Pivot Point 121.99
1 Resistance 122.22
2 Resistance 122.27
3 Resistance 122.32
1 Support 122.11
2 Support 122.06
3 Support 122.01
If EUR/JPY continues its advance into higher levels, it may encounter resistance at 117.80 (May 31 high), 118.50 (April 26 low) and 119.20 (May 3 low). To the downside, support levels lie at 117.16 (May 20 high), 116.90 (May 11 high), and 116.37 (May 26 high).
Based on the daily chart of the EUR/JPY currency pair, the euro/yen withdrawn from the descending trading channel. While the H4 chart shows that the pair traded in the uptrend trading channel on Wednesday but when the price exceeded its boundary, the lower limit was broken and the price resume to decline and would likely renew its lows in the previous month.
Assalam-o-allaikum ,Susriyan caal
Namasty ,Hy, Helo
Me thek hon Guys ap kasy hain sab log.. umeed ha sab khariyat se hon gy . dosto ap sab log jasy k janty hain k forex trading aj kal achi ni chal rhe ha . Us ke chand reasons hain. hat ak pair ak kal jasy b trade lagao loss me he jaa raha ha . Or ya vala pair b aaj kal kuch khas profit ni dy raha pata ni asa q ho raha ha . Forex trading me bus vohi log acha profit earn kr rahy hain jin logon ko market ka kuch experience ha ya jo isky technical analysis samj sakty hain. Baki mery jasy to bus . Loss he me rehty hai .
Lakin me ap sab ko bus yahi kehna chahta hon. K please himat na haarna . Apna time ay ga . .. forex trading me bus vohi log success hovy hain jo Emotional ni hoty.... So good luck and keep it up....
Eurjpy
euro / japanese yen
121.803
*
jpy
*
−0.302*(−0.25%)
market open*(jul 12 07:58 utc-4)
122.105
prev
122.105
open
146.162k
volume
121.798*—*122.233
day's range
Eur/Jpy ki market ka pair stronge sell ka bana huwa hai and mujhy lagta next days main market down ki traf movement kar sakti hai so main ye samjhta hun humain yahan se sell ki trade lga deni chahie i hope meri is post se apko profit hasil ho ga good luck
EURJPY an ka analysis
S3: 121.74
S2: 121.88
S1: 121.93
P: 122.01
R1: 122.07
R2: 122.15
R3: 122.29
analysis of Eur/Jpy
Bollinger Bands:sell
Resistance and Supporting level is:
Resistance price is :
Resistance 1:121.95
Resistance 2:122.10
Resistance 3:122.20
Supporting price is :
Supporting 1:121.70
Supporting 2:121.60
Supporting 3:121.45