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If EUR/JPY continues its advance into higher levels, it may encounter resistance at 117.80 (May 31 high), 118.50 (April 26 low) and 119.20 (May 3 low). To the downside, support levels lie at 117.16 (May 20 high), 116.90 (May 11 high), and 116.37 (May 26 high).
EURJPY Today Analysis
Market Trend BULLISH
Pivot Point 121.10
S 1 >>>>> 119.72
S 2 >>>>> 118.78
S 3 >>>>> 116.46
R 1 >>>>> 122.04
R 2 >>>>> 123.42
R 3 >>>>> 125.73
EUR JPY specialized investigation market exchanging
Today investigation pattern : sell
The present cost and past expense is giving a straight signel that market will go down in business..
Opposition and Bolster focuses are additionally giving a singnel that market will go down that is the reason we should put our exchange on sell....
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
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
Eurjpy
euro / japanese yen
120.831
jpy
−0.093 (−0.08%)
market open (jan 08 02:03 utc-5)
120.924
prev
120.924
open
302.259k
volume
120.171 — 121.034
EURJPY Trends to bullish
1 Resistance 121.73
2 Resistance 122.17
3 Resistance 122.81
1 Supporting 120.63
2 Supporting 119.89
3 Supporting 119.41
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.>
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
For Japanese Yen
While there were no material stats to provide direction, the news from overnight and early this morning drove demand for the Yen.
At the time of writing, the Japanese Yen was up by 0.69% to ¥107.69 against the greenback.
For the Aussie Dollar
Building approvals jumped by 11.8% in November, month-on-month, reversing an 8.1% slide in October. Economists had forecast a 2.1% increase.
The Aussie Dollar moved from $0.68530 to $0.68552 upon release of the figures, before pulling back. At the time of writing, the Aussie Dollar was down by 0.24% to $0.68529, with the risk-off sentiment weighing.