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Dear friends
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 good and huge profit I thing keep in mind use money manage and always use stop loss and take profit. If u lost in there plz try again and take good profit.
Eur/Jpy
Technical outlook
The EUR/JPY holds a strong bullish tone. It is testing the 122.40 area and a consolidation on top would clear the way for a test of December highs at 122.60/65. The next medium-term resistance might be seen at 123.80.
Euro / japanese yen
eurjpy
122.382
jpy
+0.732 (+0.60%)
market closed (dec 27 16:59 utc-5)
121.650
prev
121.650
open
262.059k
volume
121.601 — 122.500
EURJPY has found support at 121.07 level. From there the price started to bounce. Short-term, we expect the bullish continuation of the latest upward movement that could find resistance at 123.27 level. Mid-term, the cross could drop and find support near to the 120.04 level as a psychological level. Long-term, EURJPY could be building an inverse H&S pattern, which could suggest the reversion to the long side with a potential target in the 126.23 level
Today market trend:sell
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
EURJPY has found support at 121.07 level. From there the price started to bounce. Short-term, we expect the bullish continuation of the latest upward movement that could find resistance at 123.27 level. Mid-term, the cross could drop and find support near to the 120.04 level as a psychological level. Long-term, EURJPY could be building an inverse H&S pattern, which could suggest the reversion to the long side with a potential target in the 126.23 level
HI ALL
121.07 level. From there the price started to bounce. Short-term, we expect the bullish continuation of the latest upward movement that could find resistance at 123.27 level. Mid-term, the cross could drop and find support near to the 120.04 level as a psychological level. Long-term, EURJPY could be building an inverse H&S pattern, which could suggest the reversion to the long side with a potential target in the 126.23 level
EURJPY Trend is sell
1 Resistance :119.77
2 Resistance :118.63
3 Resistance :118.02
1 Supporting :117.54
2 Supporting :116.87
3 Supporting :116.28
Today i am going to discuss this pair..
results of analysis of using daily pivot point calculations
I see this pair still in strong bullish movement . If this pair keep moving to up side , I predict this pair will reach to the next resistance level, maybe this pair will make some correction to the next high level.
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator . BUY position is better choice now, you can set target profit level 35 pips from current price
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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 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.
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.