The pair is in strong uptrend line targeting 117.80.But a clear break of this blue uptrend line will trigger a strong bearish targeting 115.80 and 115.00
Major trend : upward
Minor trend : downward
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The pair is in strong uptrend line targeting 117.80.But a clear break of this blue uptrend line will trigger a strong bearish targeting 115.80 and 115.00
Major trend : upward
Minor trend : downward
Eur/Jpy
EUR/JPY four-hour chart
The market formed a base above the 120.00 handle as the spot is breaking above the trendline and challenging the 121.62 resistance. If bulls clear this level, the market can continue its ascent to the 122.12 and 122.63 resistances. Support is seen near 121.11, 120.73, 120.40 and the 120.00 handle, according to the Technical Confluences Indicator.
Plus there is political uncertainty, "said Rob Dobson, Economist of IHS Markit, in a written statement. In addition to economic growth, investors should also look at the release of Chinese trade data on August 8.
In July, exports of the Bamboo Curtain country were estimated to contract 2.2% YoY, 7.6% YoY imports, and a trade balance surplus of US $ 37.49 billion, citing the consensus of Trading Economics. This data is important because it can determine the direction of US-China trade negotiations.
EUR/JPY
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Oscillator sales volume
Current price, support level shows for markit going down points and resistance level shows market is going up.
If markit indicator shows markit is going up trader on trading on buy and if indicator shows markit going down you trading on sell and earn good profit. Instaforex is the best for online investing and trading.
Eurjpy
euro / japanese yen
122.280
jpy
+0.523 (+0.43%)
market open (jan 13 10:14 utc-5)
121.757
prev
121.699
open
137.571k
volume
121.513 — 122.313
day's range
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
time frame support and resistance levels : Daily ,H1 AND H4
indicators: Bollinger Bands and fibbonanci
market trend condition today : Bullish
kal ki upward movement ko market continue kar skta hai kyuki market meh kafi uptrend tha kal or buyer kafi control me the , halaki price abhi ek resistance level pe hai us resistance ko market ache se test karega agar ye level break hota hai toh pakka strong down. price support 1 level par bhi ja sakta hai agar aisa hua to wo upward jaiga thodi der ke liye, lekin low point choone ke baad wapas aa sakta hai, phir price upward jayega to is time par sell karna chahiye
ye pair abi strong resistance or fibo level zero par hai.agar ye es resistance ko todta hai to ese khridna chahiye. I hope is trade se ham profit earn kar len
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
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
jaisa k ap logoon ko pata hai monday ke din
first time market slow huti hai
lakin bad main market speed pakarti hai
aur trade samanjh ke lagane par acha profit hasil huta hai good luck