Time Frame - 4 Hour
Currency pair - EUR/JPY
Buy @ - 120.75
Stop Loss - 120.41
Take Profit - 121.17
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.
Printable View
Time Frame - 4 Hour
Currency pair - EUR/JPY
Buy @ - 120.75
Stop Loss - 120.41
Take Profit - 121.17
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.
EUR/JPY
120.94+0.1895(+0.1569%)
14:25:04(GMT)|Real-Time Data, Quoted in JPY
Open
120.76
Day's Range
120.57 - 121.06
Class
Currencies
Bid/Ask
120.94/120.95
Symbol
EURJPY
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 trends to bearish
1 Resistance 119.77
2 Resistance 118.63
3 Resistance 118.03
1 Supporting 117.57
2 Supporting 116.85
3 Supporting 116.29
Totay supporting levels are also tells us for down trending.
My analyses totaly bases on daily market trend.
When the market is opened then showing up and supporting levels are also available here its not remain here this pair because h4 telling here down trends.
Indicators and Moving average market ke down hony ka bata rahe hain
Resistance and Support points se bhi market down hoti nazar a ri hai
Current Price. 1.9335
Resistance levels are;
R1. 1.9363
R2. 1.9385
R3. 1.9422
Supporting levels are;
S1. 1.9325
S2. 1.9301
S3. 1.9293
Eur.jpy
According to the markeet trend looking that parabolic sar Position movement at frame m 30 show us bullish way .
It seems to be looking that markeet trend can be move to the down side after short term. Here is MAcad show us strong bull type but MA 200 show us bearish way.
So my suggestions are sell now .
Boilenger bands Position is sell ..
Best of luck. ..
Eur / jpy
euro / japanese yen 120.999
*
jpy. +0.082 (+0.07%)
*
market open (oct 29 11:27 utc-4) 120.917
*
prev 120.917
*
open 191.905k
*
volume 120.577 — 121.059
ek cruncy pair ee hai is ko log bohart zaya log pasand kartay hain iss koi movieng averge b thk ee hai magweer ya thoray balence per b trade ko laga klata hai is main hum kha saktay hain k ya sasta haiup and with buy position If the brought level are becomes strong we finds good pips . Otherwise it creates new lower .
according to market analysis the resistance levels and support levels could be like this
EURJPY Trend is BUY
1 Resistance : 121.01
2 Resistance : 121.25
3 Resistance : 121.35
1 Supporting : 120.90
2 Supporting : 120.85
3 Supporting : 120.75
EUR/JPY - currency Trade pair.
Today forex signal - Buy
Support 3 - Support 2 - Support 1.
120.41 - 120.50 - 120.67
Resistance 1 - Resistance 2 - Resistance 3.
120.92 - 121.00 - 121.17
Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
Consider the daily economic news before taking the trade.