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I bought EUR/JPY for the medium term - at least several days unless I get contradictory signals.
Reasons:
Bullish price action patterns on the daily chart. First a pin bar then a bullish engulfing bar
Price is crossing a small but still important pivot zone, the 115.00 area
The support on the daily chart at 113.50 is the bounce place. Multiple bottoms in this area = strong rejection.
target at least 116.50 or more; stop loss at 113.50. Again, this is a medium term trade
--- Update ---
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
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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
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Today analysis for the pair of eur.jpy
Is time ke price ye chal rhe he......... 119.71
Resistance level 1 # 119.99
Resistance level 2 # 120.30
Resistance level 3 # 120.60
Support level 1 # 119.50
Support level 2 # 119.30
Support level 3 # 119.00
Ye pair buy ka bna huwa he i think jahan par market punche huwe he wahan se up ke traf movement kar sakte he so main suggest kronga hamen buy ki trade lga dene chaheye i hope is trade se ham profit earn kar len
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My tachnical analysis off this pair
bullish trend seems to be taking place on the eurjpy
current signal : Bullish
that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction.
bullish signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
this pair can continue bullish trend today and there is possible chance price will move to up side.
उच्च समय सीमा का उपयोग करना बहुत महत्वपूर्ण है क्योंकि यह आपको वर्तमान प्रवृत्ति की दिशा में प्रवेश करने में हमेशा मदद करता है। कई समय सीमा विश्लेषण का उपयोग करने से आपको बाजार के बारे में स्पष्ट दृष्टिकोण मिलेगा और लाभ कमाने की संभावना बढ़ जाती है। मुझे उम्मीद है कि आप मेरे संकेत, सौभाग्य और बॉस की तरह व्यापार करने से लगातार लाभ कमा सकते हैं
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Eur/JPY > BULLISH
PIVOT POINT > 118.95
S1 > 118.09
S2 > 117.55
S3 > 116.69
R1 > 119.81
R2 > 120.34
R3 > 121.21
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The pair has broke the downtrend channel. Now testing the trend line and finding a good support.
Possible support : 115.12
Possible support 2: 114.90
I'll wait for a few hours to draw a trend line.
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जैसा कि h1 चार्ट पर देखा जा सकता है, eur / jpy मुद्रा जोड़ी कल बढ़ती रही और 49 अंक (118.24 - 118.73) पर पहुंच गई, और आज इसने 118.88 के प्रतिरोध स्तर को पार कर लिया है और वर्तमान में 119.05 के प्रतिरोध स्तर से ऊपर उठने की कोशिश कर रही है। लेकिन अब एच 1 चार्ट पर ऊपर की ओर ट्रेडिंग चैनल की ऊपरी सीमा भी विकास में बाधा का काम करती है, और संकेतक पहले से ही बिक्री की संभावना पर इशारा कर रहे हैं। आज के कारोबारी सत्र के लिए समर्थन स्तर 118.56 और 118.39 है।
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yeh pair ka price niche gir raha hai shayad yeh bahut risky hai open a Sell position at this time,I will wait for a correction in the price of 114.44.
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support and ressistance:
pivot point: 103.94
r1: 104.35
r2: 104.85
r3:105.26
s1:103.44
s2:103.03
s3:102.53
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Eurjpy pivotal point 118.97
Resistance level 121.68
Resistance level 120.87
Resistance level 119.76
Supporting level 118.87
Supporting level 117.86
Supporting level 116.87