the pair and as we can see from the chart has closed it's weekly candle above the level of 109.00 , so , that's mean the up trend is still standing and the pair is heading to 109.60 then 110.00
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the pair and as we can see from the chart has closed it's weekly candle above the level of 109.00 , so , that's mean the up trend is still standing and the pair is heading to 109.60 then 110.00
Dear i.forex members
EUR.JPY
On this Day i will predicted this pair have being bearish down direction.
the price is break Resistance and Trend Line and it is moving down side with having the long signal from the parabolic SAR.
the market trend could remain in this position and I expected support resistance levels.
A dot below the candles that indicates a downtrend direction
in addition to that we can see a SELL signal on the MACD indicator.
I suggest to take short terms position on SELL today.
Having broke the uptrend trendline now, we cannot say that eurusd will now continue the long-term downtrend. We still have several bottom/supports below to contend with, 1.1717 and 1.1553, which should hold eurusd from going down.
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.
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
Eur/Jpy
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
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 121.032 at 2020-02-23, but your current investment may be devalued in the future.
EUR/JPY
The spot reversed up sharply from the 2020 lows and is now challenging the 121.40 resistance while trading above the main SMAs on the four-hour chart. Bulls are in control and a break above the above-mentioned level can lead to further upside towards the 121.74 and 122.20 levels. On the flip side, a pullback down can find support near the 121.00 and 120.47 levels, according to the Technical Confluences Indicator.
Eur/Jpy
Resistance Level (R3): 122.374
Resistance Level (R2): 121.855
Resistance Level (R1): 121.440
Pivot Point: 120.921
Support Level (S1): 120.506
Support Level (S2): 119.987
Support Level (S3): 119.572