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EUR/JPY
The spot remains under selling pressure below its main SMAs confirming the bearish bias in the medium term. Sellers are looking to extend losses towards the 118.73 level. A breakdown below the above-mentioned level could lead to a drop towards the 118.49 and 117.87 levels. However, the spot can also be vulnerable to a correction up where it could find resistance near the 119.23, 119.48 and 119.73 price levels, according to the Technical Confluences Indicator.
While the EUR continues to make a new lows, JPY holds it's levels and give a chance for more sales. EURJPY is in downtrend on D1,H4 and H1 Support levels 118,54 and 117,50
While the EUR continues to make a new lows, JPY holds it's levels and give a chance for more sales. EURJPY is in downtrend on D1,H4 and H1 Support levels 118,54 and 117,50
Trend is sell
Resistance levels
Resistance level 1.1.8406
Resistance level 2.1.8349
Resistance level 3.1.8282
Supporting levels
Supporting level 1.1.8158
Supporting level 2.1.8101
Supporting level 3.1.8034
EUR/JPY
Trading is best for everyone who wants to earn money for their own business. Pivot point, Resistance level and support level is most important to understand before trading. Resistance Level shows markit is going up so buy is best for traders and Support Level shows market is going down so it is best for sell trading. So trader can trade according the market situation and earn a good profit.
Eur/Jpy
we predict future values with technical analysis for wide selection of Forex (Foreign Exchange) pairs like EUR to JPY . If you are looking for foreign exchange rates with good return, EUR to JPY can be a bad, high-risk 1-year investment option. EUR/JPY rate equal to 118.802 at 2020-02-18, but your current investment may be devalued in the future.
Today i am going to discuss this pair in my own justification and analysis. I think this pair i the most. Faverable pair in the forex market .
Thats reason why i using this pair for my profitable trade
Technical analysis on basis of these indicators
Parabolic sar
Fivo piv
Moving everages
And also RSI
So best of luck for the comferm trade .
Today market analysis and trend:sell
Indicators and Moving average market ke down hony ka bata rahe hain
Resistance and Support points se bhi market down hoti nazar a ri hai
Hamain sell main trade lagani chahiye
BesT Of LucK
Eurjpy
euro / japanese yen
118.842
jpy
−0.204 (−0.17%)
market open (feb 17 21:15 utc-5)
119.046
prev
119.046
open
47.206k
volume
118.780 — 119.071
day's range
Patient makes trading extremely easy to understand and trade but if we have never understood the application process which is needed to make our account experience what we really want in the forex market, then we may face challenges, patience is one of the advantages that people have although sometimes we don't know what we are doing in the market because we understand that there different methods that can assist us to gain what we are looking for, basically anything that can be done to help ourselves make better analyze is what we should always make our conscription so that anything that we cannot handle will always disappear from our mentality and give us an opportunity to earn as much as we require from trading, their means orientation about patience is very important.