Eur/Jpy

EURJPY Trend is down


1 Resistance level:123.23
2 Resistance level:122.17
3 Resistance level:121.08


1 Supporting level:120.11
2 Supporting level:119.05
3 Supporting level:118.04

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

Pivotal Points: 119.311

Resistance 3: 120.345
Resistance 2: 119.986
Resistance 1: 119.670

Support 1: 118.991
Support 2: 118.636
Support 3: 118.320

Today technically Market trading trend:sell

Current price aur previous price market ke down hony ka ishara de rahe hain

Resistance and Support points bhi market ke down hony ka ishara de rahe hain

SO i suggest trade for sell

The upside in the cross appears to have met a strong hurdle in the boundaries of the 126.00 mark, where emerges the 10-day SMA.
A break above this level should give extra legs to the ongoing recovery, initially targeting the 100-day SMA at 126.58 ahead of the 200-week SMA, today at 127.16.
Looking at the broader picture, the upside in the cross appears propped up by the short-term support line at 124.35.

EUR/JPY

The price of this pair is continuesly in the down trend direction,its represent that the price of this pair is going to be lower seccion momentum today.
If it will break the last support today at the point of 118.47 and making a pull back then the conditions on there it will be gone these values are happining,if this is breakout the next resistance 119.56 level then it will falling to the 119.45 and more down today for my indicates of this pairs.
The RSI is still on SELL
StDev on SELL direction.
Parabolic Sar is also in the down trend signal.
Agrassive retracement showing that the bollinger bands due to 2 green lines is going on selling.

My advice for traders fallow the main indicators of RSI stdDev channel and fibonacci retracement which can be telling the pairs movements.

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.


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.

The upside in the cross appears to have met a strong hurdle in the boundaries of the 126.00 mark, where emerges the 10-day SMA.
A break above this level should give extra legs to the ongoing recovery, initially targeting the 100-day SMA at 126.58 ahead of the 200-week SMA, today at 127.16.
Looking at the broader picture, the upside in the cross appears propped up by the short-term support line at 124.35.

The market is technically analyzed under the expert
supervision and the analysis said that trend is going to buy.

Eurjpy
euro / japanese yen
119.344
jpy
+0.079 (+0.07%)
market open (sep 20 03:15 utc-4)
119.265
prev
119.265
open
112.414k
volume
119.177 — 119.379
day's range