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Based on the daily chart of the EUR/JPY currency pair, the euro/yen withdrawn from the descending trading channel. While the H4 chart shows that the pair traded in the uptrend trading channel on Wednesday but when the price exceeded its boundary, the lower limit was broken and the price resume to decline and would likely renew its lows in the previous month.
Today Market analysis and trend:sell
Current price , Previous price
And
Resistance points , Support points given is message about market don
All famous indicators:
Bollinger band
Parabolic sar
RSI
And
Moving average
Given are sell signals about market don so could the trading of sell
If you want become Successful Trader In Forex so could the hardwork and get a knowledge and experience about forex trading
arabolic indicators show 88.9% Bearish trend and some others
indicators also shows Bearish trend so this pair is strong Sell..
Hi traders
Today by checking the all routine of the chart and indicator I have come to know that today the market of eurjpy will move in upside so I suggested that today we should choose the option of buy for trading Hope you will follow me and will get more money because I posted this after checking the market carefully Good luck my friends. My all best wishes are with you.
Time Frame - 4 Hour
Currency pair - EUR/JPY
Buy @ - 121.28
Stop Loss - 120.80
Take Profit - 121.79
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.
The FXStreet Forecast Poll about EUR/JPY ( Euro Japanese Yen) is a sentiment tool that highlights our selected experts' near and medium term mood and calculates trends according to Friday's 15:00 GMT price.
Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 121.35
This currency name - EUR/JPY
Resistance and Target - 121.47
Support and Stop Loss - 121.23
Always follow Long time frame market trend.
Signal is Sell.
Based on the daily chart of the EUR/JPY currency pair, the euro/yen withdrawn from the descending trading channel. While the H4 chart shows that the pair traded in the uptrend trading channel on Wednesday but when the price exceeded its boundary, the lower limit was broken and the price resume to decline and would likely renew its lows in the previous month.
EUR/JPY
121.41+0.2090(+0.1724%)
11:47:45(GMT)|Real-Time Data, Quoted in JPY
Open
121.20
Day's Range
121.05 - 121.41
Class
Currencies
Bid/Ask
121.39/121.43
Symbol
EURJPY
Subclass / Sector
Minor
EURJPY is sell
Resistance 121.25
Resistance 121.33
Resistance 121.39
Supporting 121.11
Supporting 121.17
Supporting 121.15
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..?•°