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Dear i.forex members
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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Euro / japanese yen
eurjpy
121.653
jpy
+0.035 (+0.03%)
market open (dec 20 03:43 utc-5)
121.618
prev
121.618
open
63.45k
volume
121.449 — 121.698
day's range
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Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 121.55
This currency name - EUR/JPY
Resistance and Target - 121.71
Support and Stop Loss - 121.39
Always follow Long time frame market trend.
Signal is Sell.
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1 Attachment(s)
The EURJPY begins to decline
The EURJPY pair started to decline yesterday, surrendering to the negativity of 122.45 barrier, to settle near the first target at 121.55, while the continuous negative momentum signals coming by the major indicators increase the chances of resuming the correctional decline, to expect moving towards 120.30 level and test the bullish channel’s support line.
The expected trading range for today is between 122.00 and 120.75
The expected trend for today: Bearish
Attachment 19522
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It is the current view that usdchf is continuing the downtrend. Making a top at 0.9845 Wednesday, January 10, usdchf continue the downtrend that start at the top at 0.9977, so we have enough reason to believe that usdchf continue the downtrend. Usdchf has now reached the lowest at 0.9697 which already broke the last bottom at 0.9699. Also, usdchf show strong momentum down still so usdchf possibly continue the downtrend.
In the 1day chart, we see the stoch(5,3,3) strongly showing downtrend and has not reached the bottom level yet, while the macd also still show downtrend signal and the bbands still has to bounced the lower side to be able to reverse.
It's almost 3 months now that eurusd has been on the downtrend since the last top at 1.25548, February 16, 2018. Since then eurusd has been sideways keeping above the uprend trendline. Since last 2 weeks ago, eurusd has broke the uptrend trendline and eurusd now show downtrend. Having broke the uptrend trendline, when now will eurusd make bottom and reverse up.
Having broke the uptrend trendline now, we cannot say that eurusd will now continue the long-term downtrend. We still have several bottom/supports below to contend with, 1.1717 and 1.1553, which should hold eurusd from going down. Although eurusd has already made a long move down now, it is the view that eurusd will still continue down as it has still strong momentum. And with that we have bottom/supports at 1.1717 and 1.1553 as possible targets.
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eurjpy pair just bounced from its support 114..
i think now its time for this pair to go up..it can be bought from here till 117..
thsi pair is not showing too much move..but for now its signals are suggesting for this much only
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Eur jpy
Good afternoon dears.
My observation to this
By looking trend at frame m30 show us bull type .here I use my sclapping strategy by searching the parabolic sar position its moving average is strong ways .I think it can be buy at looking position MAcads value .
Ma 200. ,
MAcads positions buy ,
Money management is first step to trade Thanks .
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Eur jpy
Hi dears ,here is looking way bullish
Resistance is. 121.96
My observation to this
By looking trend at frame m30 show us bull type .here I use my sclapping strategy by searching the parabolic sar position its moving average is strong ways .I think it can be buy at looking position MAcads value .
Ma 200. ,
MAcads positions buy ,
Money management is first step to trade Thanks .
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Eur/jpy>>
pivot point :120.85
first resistance is on point : 120.97
second resistance is on point :121.10
third resistance is on point : 121.155
In my observation the profitable next selling point will be 121.00
and by my mind the profitable next buy point will be 118.80
I think thats 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.
note;simply moving on parabolic levels entry.>
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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