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EUR JPY (Euro / 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.
Today this pair of Market trends & technical Analysis justified for me.
TRENDING
1)Gator Osillator:BUY = (3)dEMARKER :BUY
2)Fractals :BUY = (4)Evelopes :BUY
EUR/JPY
Paraboloc SAR : BUY
The RSI is still on :BUY
StDev on BUY direction.
4hour time frame also telling these condtional exprations.
Indicator shows market going UP and technical Analysis same thing.
All technical and fandamantal follow the BUYing trends.
Note:Always Follow the making experienced with others having great knowledge about trading.
EURJPY perform ascending triangle pattern BUY 1 : After bullish confirmation break up above 121.24 BUY 2 : At support 120.46 Stoploss : Below support (around 120.32) Target : 122.93 (187 pips)
Look for a fresh medium-term higher low to carve out around 110.00 (above 108.00) ahead of the next major upside extension back towards and eventually through the recent highs by 123.35. Ultimately, only a sustained break below 110.00 concerns.
EUR/JPY
Show simple chart EUR/JPY chart by TradingView
EUR/JPY - This is the forex quote for the Euro vs. Japanese Yen exchange rate. EUR (the 'base currency') is quoted in terms of JPY (the 'counter currency'). The Yen is a historically low-yielding currency, making an attractive vehicle to fund carry trades (where traders borrow cheaply in JPY to buy higher-yielding currencies, including EUR. Investors tend to favor carry trades at times of optimism about global economic performance and stability; they shun them at times of market stress. This makes EUR/JPY sensitive to swings in broad-based market sentiment trends. The pair may likewise find volatility in news-flow related to the Eurozone debt crisis as well the extraordinary anti-deflation policy efforts from the Bank of Japan introduced in 2019.
Winning signals - Profit signals.
Today Target Pair - EUR/JPY
Today main profit zone .
123.04 - 123.72 - 124.85
Today main support zone.
119.40 - 120.08 - 121.22
Follow my trades with risk management in mind.
Always make profit - calculate the profit at month end.
Guys ap kasy hain sab log.. umeed ha sab khariyat se hon gy . dosto ap sab log jasy k janty hain k forex
trading aj kal achi ni chal rhe ha . Us ke chand reasons hain. hat ak pair ak kal jasy b trade lagao loss me he
jaa raha ha . Or ya vala pair b aaj kal kuch khas profit ni dy raha pata ni asa q ho raha ha . Forex trading me
bus vohi log acha profit earn kr rahy hain jin logon ko market ka kuch experience ha ya jo isky technical
analysis samj sakty hain. Baki mery jasy to bus . Loss he me rehty hai .
Lakin me ap sab ko bus yahi kehna chahta hon. K please himat na haarna . Apna time ay ga . ..
forex trading me bus vohi log success hovy hain jo Emotional ni hoty.... So good luck and keep it up...
Today analysis for the pair of eurjpy
Is time ke price ye chal rhe hai.......122.48
Resistance level 1 # 122.77
Resistance level 2 # 122.99
Resistance level 3 # 123.30
Support level 1 # 122.18
Support level 2 # 121.90
Support level 3 # 121.67
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
EUR/JPY - This is the forex quote for the Euro vs. Japanese Yen exchange rate. EUR (the 'base currency') is quoted in terms of JPY (the 'counter currency'). The Yen is a historically low-yielding currency, making an attractive vehicle to fund carry trades (where traders borrow cheaply in JPY to buy higher-yielding currencies, including EUR. Investors tend to favor carry trades at times of optimism about global economic performance and stability; they shun them at times of market stress. This makes EUR/JPY sensitive to swings in broad-based market sentiment trends. The pair may likewise find volatility in news-flow related to the Eurozone debt crisis as well the extraordinary anti-deflation policy efforts from the Bank of Japan introduced in 2013.
The EURJPY continues to record the positive targets
The EURJPY pair rallied upwards strongly to surpass the waited positive targets and settle above 38.2% Fibonacci correction level at 122.40, to confirm its preparation to resume the bullish attack in the near term and medium term period.
Also, stochastic reach to the overbought areas eases the mission of gathering new positive momentum to manage to continue rising until reaching 122.95 and 123.50 levels.
The expected trading range for today is between 122.05 and 123.50
The expected trend for today: Bullish
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