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Today market trend Sell.The selling mood around the single currency coupled with the renewed demand for the Japanese yen are dragging EUR/JPY to daily lows in the 120.40 area.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.Good bye.
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.
As this pair we know that .Big movement of every pair also because of news. News of donald trump is most important. About USA and Chaina trades...
I am doing trading on this pair . After the analysis of moving arevages . Parabolic SR.
?•°And also Use MACD trend analysis..?•°
strong previous bearish highs but,
it's not an easy setup - needs close attention.
Bearish interests due to price highs, but having strong support areas.
Ranging market.
Eur/Jpy
suporting levels are here:
support 1) 120.33
support 2) 120.10
support 3) 119.95
Ichimoku trends giving selling signals.
THE RSI movement of this pair is moving with high frequency on SELL signal.
StdDew & Mcad are main factors which also giving the SELLYing signals.
Bulls power higly selling side movements.
Parablic sar on top showa SELL trends.
this pair has being bearish trends last some hours which can be seen.
today moving movement of this pair today on: SELL
highest 3rd resistance of this pair today will be going :121.10
i think best time to enter sell trade at 121.00 with tp at 119.00 with narrow stop loss of 120.20 with long terms trading section
After analyzing the market of this pair EUR/JPY it shows that the trend is SELL
Current Rate is 120.09
According to my analysis the resistance and support will be as
1) Resistance : 120.24
2) Resistance : 120.42
3) Resistance : 120.60
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1) Support : 119.92
2) Support : 119.75
3) Support : 119.60
BEST OF LUCK...
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
Pair: eur/jpy
Today indicators shown bearish short terms trend.
Pivot Point : 120.80
Supporting Levels:
Support 1: 118.90
Support 2: 119.13
Support 3: 119.18
TREND: BULLISH
Resistance Levels:
Resistance 1: 120.90
Resistance 2: 120.97
Resistance 3:121.05
When today 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 side that is up trends.
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.
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.
Eur/Jpy
Trend is buy
Resistance levels
Resistance level1>>>121.69
Resistance level2>>>121.91
Resistance level3>>>122.33
Supporting levels
Supporting level1>>>121.07
Supporting level2>>>120.75
Supporting level3>>>120.43
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