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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
EUR/JPY Trend is = > SELL
# Resistance : 119.30
# Resistance : 119.35
# Resistance : 119.55
# Supporting : 119.25
# Supporting : 118.95
# Supporting : 118.60
Today Technical Analysis of Eur/Jpy
indicators show Trend
Moving average indicators: Buy
Parabolic indicators :BUY
Current Rate of this pair :119.13
Strong Resistance and Supporting Level today,s
Resistance level is:
1: Resistance level is : 120.25
2: Resistance level is : 121.45
3: Resistance level is : 122.58
Supporting level is :
1: Supporting level is : 118.25
2: Supporting level is : 117.14
3: Supporting level is : 116.04
EUR/JPY is Bearish
@ Resistance 119.17
@ Resistance 119.21
@ Resistance 119.45
@ Supporting 119.01
@ Supporting 118.83
@ Supporting 118.41
Eur-Jpy market trend Sell
I predict that there will be a signal trend down
so the best option is to do with the order SELL on resistence level 1
all super indicator Rsi and zigzag and fundament analysis give
signal market going down I observe with dolly indicator would appear there are signal trend Selling
there is a tendency of some signal of some indicators
i want to open position SELL
with the criteria for take profit and stop loss of 20 pips with a take profit position
Pivot points119.04
Resistance 1=119.14
Resistance 2=119.25
Resistance 3=119.35
Support 1=118.93
Support 2=
118.83
Support 3=`118.72
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.
Having broke the uptrend trendline now, we cannot say that eurusd will now continue the long-term downtrend. We still have several bottom/supports below to contend with, 1.1717 and 1.1553, which should hold eurusd from going down. Although eurusd has already made a long move down now, it is the view that eurusd will still continue down as it has still strong momentum. And with that we have bottom/supports at 1.1717 and 1.1553 as possible targets.
Eurjpy
euro / japanese yen
119.186
jpy
+0.241 (+0.20%)
market open (sep 17 04:39 utc-4)
118.945
prev
118.945
open
155.377k
volume
118.872 — 119.244
day's range
Pivot Point 119.07
1 Resistance 119.39
2 Resistance 119.68
3 Resistance 119.90
1 Support 118.75
2 Support 118.56
3 Support 118.24
EURJPY Trend is sell
1 Resistance :123.26
2 Resistance :122.15
3 Resistance :121.09
1 Supporting :120.13
2 Supporting :119.04
3 Supporting :118.02