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My specialized Investigation EUR - jpy
I use scalping systems on this cash matches so I favor the brief span that is the time period M15 and M30, that is position showcase then likewise there are a few pointers that I use as the Bollinger Groups is BREAK LOW, ADX is DOWN Pattern 83.52%, Stochastic is BREAK HIGH. At that point think about the position if the market pattern is advancing toward more leads Pattern DOWN 69.5%,
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Today's my technical over view of the market for the trend of this pairs Eur/Jpy
according to market technical analysis the market have sell trend
the market trend could remain in this position
expected resistance and support levels
market price ----------120.17
The resistance level as under.
1- Resistance level----------120.10
2- Resistance level----------120.70
3- Resistance level----------121.10
The supporting level is as under.
1- Support level-------------119.70
2- Support level-------------119.30
3- Support level-------------119.10
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my dear sir today of my tachnical analysis is bullish trend seems to be taking place on the EUR JPY
pair and that according to the green color shown by the Bollinger Bands indicator determining by that the main market direction A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal t his pair can continue bullish trend now current price at and strong support at level in hourly time frame there is possible chance price will move to up side then next high price is
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Hello Dear i.forex members Good morning
EUR.JPY
On this Day i will predicted this pair have being bearish down direction.
the price is break Resistance and Trend Line and it is moving down side with having the long signal from the parabolic SAR.
the market trend could remain in this position and I expected support resistance levels.
A dot below the candles that indicates a downtrend direction
in addition to that we can see a SELL signal on the MACD indicator.
I suggest to take short terms position on SELL today.
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I anticipate this pair Eur/Jpy have bullish course
.
the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.
I recommend to take LONG position today.
time allotment that is considered while making backing and opposition levels – Day by day and Week by week time allotment, think about the day by day monetary news before taking the exchange.
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EURJPY Trend is sell
1 Resistance :119.71
2 Resistance :118.69
3 Resistance :118.08
1 Supporting :117.53
2 Supporting :116.85
3 Supporting :116.27
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If EUR/JPY continues its advance into higher levels, it may encounter resistance at 117.80 (May 31 high), 118.50 (April 26 low) and 119.20 (May 3 low). To the downside, support levels lie at 117.16 (May 20 high), 116.90 (May 11 high), and 116.37 (May 26 high).
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Eur/jpy
120.108
prev
120.108
open
56.34k
volume
120.061 — 120.269
day's range
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Like I said in previous post Eur/Jpy wasn't able to break the bearish trend line and hence it dropped. Today H4,Daily and Weekly time frame shows that there is a strong bearish movement which will continue even in next week. Hope for a good start on Monday.
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eur/jpy
pivot point :120.20
In my observation the profitable next selling point will be 120.22
and by my mind the profitable next buy point will be 118.25.
I think that the successful key points for selling and buying for this pairs.
You will earn more money if you will follow my views,
because i have posted this after checking the previous routine of daily time frame of H1,H4 clearly.
simply moving on parabolic levels entry.