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EUR/JPY rises 0.20% to 120.07 during the pre-European session on Wednesday. In doing so, the pair bucks the previous two days’ declines amid a pullback in trade sentiment.
The coronavirus (COVID-19) outbreak in Europe has recently grabbed major attention. The latest numbers from Italy suggest 323 confirmed cases including 11 deaths as of 12 AM February 26 local time.
Even so, the US 10-year treasury yields recover four basis points (bps) from the record low, tested yesterday, to 1.374% whereas S&P 500 Futures registers 0.60% gains to 3,151 by the press time.
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A.o.A
dear freind i am new in forex forum but i know forex is the best earning website in the world .if u have experince in trading u make big profit .
i use zigzag graf
nd Rsi graf
i alwyas use this and gain good and huge profit .if u loss thin u stop this .
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Today market technical analysis trend buy
According to some best indicator like
Bollinger band
RSI
Zigzag
Market is going to up position if you like and gain good profit open buy order and gain good and huge profit I thing keep in mind use money manage and always use stop loss and take profit. If u lost in there plz try again and take good profit.
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EUR/JPY rises 0.20% to 120.07 during the pre-European session on Wednesday. In doing so, the pair bucks the previous two days’ declines amid a pullback in trade sentiment.
The coronavirus (COVID-19) outbreak in Europe has recently grabbed major attention. The latest numbers from Italy suggest 323 confirmed cases including 11 deaths as of 12 AM February 26 local time.
Even so, the US 10-year treasury yields recover four basis points (bps) from the record low, tested yesterday, to 1.374% whereas S&P 500 Futures registers 0.60% gains to 3,151 by the press time.
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The trading rang for today is among the major support @ 115.55 and the key of resistance @ 117.70.
The general over short term basis is to the upside targeting 117 as far as area of 117.70
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Eurjpy
euro / japanese yen
120.055
jpy
+0.149 (+0.12%)
market open (feb 25 23:55 utc-5)
119.906
prev
119.906
open
112.192k
volume
119.752 — 120.184
day's range
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today eur/jpy will moving up after 114.94. and it will go up to 115.35
i am giving a buy order now. current price114.94
you may take profit minimum 30 pips and stop loss also 40 pips.
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Dear forex users
The single currency was able to edge up slightly after better then the expected Eurozone pmls,
Which revealed growth in the bloc was higher than expected in February .
The dollar suffered some losses on Friday after pml data revealed the services sector contracted ,falling to a 76 month lo markit preliminary .
Munafacturing purchasing managers for February was expected to drop from 45.3 to 44.8 points - below the 50 point . dear threshold separating expansion and contraction the services pml was projected to to slid from 54.2 to 53.8 points .
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EUR/JPY has continued to give background on Tuesday, falling from a high of 120.53 to a low of 119.41 and -0.39% on the day. The yen has been picking up belated risk-off bids, filling the offers vs G10-FX and resuing its usual safe-haven status.
In the recent sessions, the yen had been behaving abnormally given the de-coupling to risk-off flows, although the blood bath this week in global equities pertaining to the heightened concerns over the contagion of the coronavirus has lead to an exodus of US assets and has ultimately triggered a buying spree in Japanese yen.
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Eur/Jpy Analysis:
Trend; Bullish
Moving Average: Buy
Pivot Point :::> 119.15
S 1 :::> 119.12
S 2 :::> 119.03
S 3 :::> 118.89
R 1 :::> 119.18
R 2 :::> 119.32
R 3 :::> 119.53
