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The pair has recently corrected sharply from the support at 107.00 (point E, which also coincides with the lower support trendline of this Down Channel) and is expected to continue correction toward the upper resistance trendline of this chart pattern.
Hi traders,
Today by checking the all routine of t he chart and indicaator i have come to know that on mondaay the market will move in up way so i suggested that on Monday we should choose the option of buy for trading .
Hope you will follow me and will like my posts.
good luck
Let's look at the long-term display of this pair. I have a daily chart below. The price is in a downtrend because it is under the Ichimoku Kumo Cloud and EMA 200. So, I think the price will go up a bit to Kumo Cloud and then it will go down strongly. and The pair has traded slightly positive since the morning in an attempt to approach the awaited consolidation area at 102.00. In general, our weekly expectations remain valid as long as we don't see clear violations and stability above 102.00.
EURJPY
hopefully it will be good & understandable and help you to earn good profit in trading.
simple moving average chart for this pair seen as an indicator as smoothly up movement, so it is possible that the breakout of the resistance level at 125.51 and the pair will continue to go up to the next resistance level at 125.72
Resistent1 : 125.48
Resistent2 : 125.70
Resistent3 : 125.43
Support 1 : 125.03
Support 2 : 124.84
Support 3 : 125.41
Now, eurjpy is moving around the weekly pivot level (101.51) after dropping from past highs. prices have broken through 32 and 860 hma and both hma are showing red so prices are expected to fall, but hma 192 is still in green which indicates an upward trend. The possibility of price strengthening follows the medium term trend, strengthened again by the stochastic signal tf d1 is moving up and tf h1 has been in the oversold area. and If you can learn the trading system well, each pair will be your sharp weapon to win the war. EURJPY is a good currency pair. You can handle it. However, the most popular currency pair on the forex market is EURUSD. You might try it.
The Euro vs. the Japanese Yen. The Yen is a historically low-yielding currency, influencing traders to borrow cheaply in JPY to purchase higher-yielding currencies, including EUR. Because of this the pair is sensitive to broad-based market sentiment trend swings. Volatility may be found in news related to the Eurozone debt crisis and from the Bank of Japan’s anti-deflation policy efforts introduced in 2013.119.662
JPY
+0.850 (+0.72%)
MARKET CLOSED (OCT 11 16:59 UTC-4)
118.812
PREV
118.812
OPEN
484.278K
VOLUME
118.720 — 120.003
Today market is sell
>R1) 125.319
>R2) 125.330
>R3) 125.342
.........................
>S1) 125.298
>S2) 125.286
>S3) 125.274
Today market trend:sell
Market exchanging sign rely upon a pointers*
Resistance points and Support points of market goes down
The pointers educate us concerning business sector down so do the exchanging Sell and get an enormous benefit
So could the trading in Sell and get a huge profit
Kaal mere tp hit kar gaya. hope u got the profit.
aaj phir se upor jane ka sambhavna he. par already mere 1 st terget hit kar hay. isliye main ek dusre order de raha hoon. par jyada fyda nehi lunga. buy at 112.29 tp 5 to 10 pips. sl 30 pips.
after that ek reberse aane ka chance he.
sell pending at 111.82 tp 30 pips sl 30 pips.
I LOVE INDIAN FOREX
Eur/Jpy
Market analysis about trading
Today market trend:sell
Pivot points
Current price
And
Resistance and Support points market ke nechay janay ke haq main hain
Sell ki trade profit de gi
Indicators ko follow karte hoye aur apni samjh soch ke sath trading karni chahiye