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For Stop Loss and Trading Targets
Calculation For Trading:
Resistance Level (R3): 121.362
Resistance Level (R2): 121.078
Resistance Level (R1): 120.584
Pivot Point: 120.300
Support Level (S1): 119.806
Support Level (S2): 119.522
Support Level (S3): 119.028
Eur/Jpy
Trend ha....Sell
Resistance levels.....
1.Resistance>>> 119.29
2.Resistance>>> 119.47
3.Resistance>>> 119.50
Supporting levels....
1.Supporting>>> 118.92
2.Supporting>>> 118.86
3.Supporting>>> 118.69
*Soch badlo dunya badlo SAQILU*
EUR/JPY focused on US calendar
The cross appears to have resumed the downside on Friday following two consecutive daily advances and Monday’s rejection from the key 121.00 neighbourhood, which remains a tough barrier ahead of the resistance area in the mid-121.00s.
EUR/JPY - currency Trade pair.
Today forex signal - Buy
Support 3 - Support 2 - Support 1.
119.89 - 119.95 - 120.01
Resistance 1 - Resistance 2 - Resistance 3.
120.14 - 120.19 - 120.26
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.
Eur/Jpy
On Friday, the EUR/JPY continues to trade below the strong resistance area of 120.60. The symmetric triangle pattern is still in play, and it's likely to keep the pair above 120.200 today. The 50 periods EMA was extending support around 120.600 level, but now it's been violated and driving bearish bias in the market.
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.
Successful traders have to move fast, but they don't have to think fast. Why? Because they've developed a trading strategy in advance, along with the discipline to stick to that strategy. It is important to follow your formula closely rather than try to chase profits. Don't let your emotions get the best of you and abandon your strategy. There's a mantra among day traders: "Plan your trade and trade your plan."
trading takes a lot of practice and know-how, and there are several factors that can make the process challenging. The risk/reward ratio helps investors manage their risk of losing money on trades. Even if a trader has some profitable trades, he will lose money over time if his win rate is below 50%. The risk/reward ratio measures the difference between a trade entry point to a stop-loss and a sell or take-profit order. Comparing these two provides the ratio of profit to loss, or reward to risk.
Daily market technical analysis trend buy
According to some best indicator like
Bollinger band
RSI
Zigzag
Market is going to up position if you like and gain good profit open buy order and gain goof and huge profit I thing keep in mind use money manage and always use stop loss and take profit.
Today analysis for the pair of eurjpy
Is time ke price ye chal rhe hai.......120.07
Resistance level 1 # 120.37
Resistance level 2 # 120.67
Resistance level 3 # 120.99
Support level 1 # 119.80
Support level 2 # 119.50
Support level 3 # 119.10
Ye pair buy ka bna huwa he i think jahan par market punche huwe he wahan se up ke traf movement kar sakte he so main suggest kronga hamen buy ki trade lga
For Stop Loss and Trading Targets
Calculation For Trading:
Resistance Level (R3): 0.00840
Resistance Level (R2): 0.00837
Resistance Level (R1): 0.00835
Pivot Point: 0.00831
Support Level (S1): 0.00829