Eur/Jpy

taking the market technical analysis for the pair EUR/JPY
the market is in good position for the entry today , the Moving average 14 and 22
is showing the bullish trend of market and we could fix the profit target 65 pips
with stop loss 60 pips , the winning chances 70 %
currently the market price is running at 118.70 and the market price could remain
in this condition in the second session , Bollinger Band and Stochastic are showing the
the market bullish trend , the market could change its movement in the third session
of the day .
however any sudden breaking news could effect on the market directly so use take profit
and stop loss with proper calculation .

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.

yesterday our pair closed at point 115.27

if this pair break 115.77 maybe we will see 116.17
and if break 115.12 then maybe we will see 114.73 and 114.43

EUR JPY SPECIALIZED Marketing trading trend:sell

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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

It is the current view that usdchf is continuing the downtrend. Making a top at 0.9845 Wednesday, January 10, usdchf continue the downtrend that start at the top at 0.9977, so we have enough reason to believe that usdchf continue the downtrend. Usdchf has now reached the lowest at 0.9697 which already broke the last bottom at 0.9699. Also, usdchf show strong momentum down still so usdchf possibly continue the downtrend.

In the 1day chart, we see the stoch(5,3,3) strongly showing downtrend and has not reached the bottom level yet, while the macd also still show downtrend signal and the bbands still has to bounced the lower side to be able to reverse.

It's almost 3 months now that eurusd has been on the downtrend since the last top at 1.25548, February 16, 2018. Since then eurusd has been sideways keeping above the uprend trendline. Since last 2 weeks ago, eurusd has broke the uptrend trendline and eurusd now show downtrend. Having broke the uptrend trendline, when now will eurusd make bottom and reverse up.

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

EURJPY Trend is sell


1 Resistance :123.28
2 Resistance :122.19
3 Resistance :121.03


1 Supporting :120.12
2 Supporting :119.04
3 Supporting :118.05

EURJPY Trend is sell


1 Resistance :123.29
2 Resistance :122.18
3 Resistance :121.02


1 Supporting :120.14
2 Supporting :119.06
3 Supporting :118.07

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