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Maray analyses kay hisab say ye pair bullish trend show kra raha hay or is ki parabolic position bi up honey ka ishara day rahay hen.
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 dene chaheye.
Is kay tmam indicators hum ko up side ki tarf janay ka ishara day rahay hen to buy ki positions kafi better nazar as rahi hay .
Is ki strong support frame m30 per show ho rahi hay . Shukria
Resistance and Supporting level is :
Current price is: 8.6457
1> Resistance Level is :8.6470
2>Resistance Level is : 8.6483
3>Resistance Level is:8.6496
Daily supporting level
1> Supporting Level is : 8.6445
2>Supporting Level is: 8.643
The trading rang today is among the major support @ 33.30 and the key of resistance @ 35.70.
The general over short term basis is to the downside targeting 34.10 as far as area of 33.30 .
Eur/Jpy
Maray analyses kay hisab say ye pair bullish trend show kra raha hay or is ki parabolic position bi up honey ka ishara day rahay hen.
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 dene chaheye.
Is kay tmam indicators hum ko up side ki tarf janay ka ishara day rahay hen to buy ki positions kafi better nazar as rahi hay .
Is ki strong support frame m30 per show ho rahi hay . Shukria
On Dec 3, EUR/JPY declined to 120.19 – its lowest level in over three weeks. Then closed the weekly candlestick with nearly 1.5% loss. Similarly, GBP/JPY rebounded on Friday from 141.00 handle then closed the weekly candle stick with a 1.3% loss.
This week, the Relative Strength Index (RSI) dropped below 50 on both pairs reflecting the end of uptrend momentum.
Eurjpy
euro / japanese yen
121.590
jpy
+0.418 (+0.34%)
market open (jan 09 12:03 utc-5)
121.172
prev
121.172
open
223.106k
volume
121.100 — 121.689
day's range
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
Technical analysis indicates many good trading opportunities and entry points but sometimes the timing of the exit points it indicates is premature. With fundamental analysis and fundamental forex signals you maximize the benefits of a good trade by keeping it open until the fundamentals shift and that position has run its full course. The technical indicators often reach oversold/overbought levels too early, which means that a technical trader has to close the position. Sometimes, technical analysis doesn’t point to anything so focus on yourself.
I bought EUR/JPY for the medium term - at least several days unless I get contradictory signals.
Reasons:
Bullish price action patterns on the daily chart. First a pin bar then a bullish engulfing bar
Price is crossing a small but still important pivot zone, the 115.00 area
The support on the daily chart at 113.50 is the bounce place. Multiple bottoms in this area = strong rejection.
target at least 116.50 or more; stop loss at 113.50. Again, this is a medium term trade
Eur/Jpy
Resistance is
1.Resistance level 121.61
2.Resistance level 122.19
3.Resistance level 122.95
Supporting level
1.Supporting level 120.67
2.Supporting level 119.93
3.Supporting level 119.45