Eur/Jpy

EURJPY Trend is sell


1 Resistance :123.21
2 Resistance :122.16
3 Resistance :121.02


1 Supporting :120.13
2 Supporting :119.05
3 Supporting :118.09

Then on August 9 local time, the Office for National Statistics (ONS) will announce the preliminary reading of UK economic growth for the second quarter of 2019. Market consensus from Trading Economics estimates that John Bull's economy grew 1.4% YoY. Slowed slightly compared to the previous quarter by 1.8%.

In July, exports of the Bamboo Curtain country were estimated to contract 2.2% YoY, 7.6% YoY imports, and a trade balance surplus of US $ 37.49 billion, citing the consensus of Trading Economics. This data is important because it can determine the direction of US-China trade negotiations.

If China's trade surplus (especially against the US) continues to swell, then the US might become inflamed. US President Donald Trump can be more confident in implementing import duties for the import of products made in China valued at US $ 300 billion starting next September.

Yes, investors also seem obliged to continue to monitor the development of US-China trade relations that are getting hot again. Because, China will reply if the US really imposed the import duty. Instead of trade peace, the US-China will instead lead to the umpteenth volume of trade war.

Today Market 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

Isliye hum ko sell main trade laga deni chahiye

Eurjpy
euro / japanese yen
117.745
jpy
+0.085 (+0.07%)
market open (oct 08 04:33 utc-4)
117.660
prev
117.660
open
131.099k
volume
117.621 — 117.970
day's range

EURJPY Trend is down


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


1 Supporting level:120.14
2 Supporting level:119.05
3 Supporting level:118.07

The trading rang for today is among the major support @ 115.55 and the key of resistance @ 117.70.
The general over short term basis is to the upside targeting 117 as far as area of 117.70 .

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

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
Strong Resistance Level---117.90
Strong Supporting Level---116.80

Market trend buy

Resistance Levels

Resistance Level > 1 is : 117.86
Resistance Level > 2 is : 117.96
Resistance Level > 3 is : 118.10

Supporting Levels

Supporting Level > 1 is : 117.55
Supporting Level > 2 is : 117.25
Supporting Level > 3 is : 116.90

Today Market analysis and trend:ßuy

Current price , Previous price
And
Resistance points , Support points given is message about market up

All famous indicators:
Bollinger band
Parabolic sar
RSI
And
Moving average

Given are strong signals about market up so could the trading of ßuy

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