Eur/Jpy

Calculation For Trading:
Resistance Level (R3): 121.121
Resistance Level (R2): 120.783
Resistance Level (R1): 120.461
Pivot Point: 120.123
Support Level (S1): 119.801
Support Level (S2): 119.463
Support Level (S3): 119.141

Today i am going to discuss this pair..
results of analysis of using daily pivot point calculations
I see this pair still in strong bullish movement . If this pair keep moving to up side , I predict this pair will reach to the next resistance level,
maybe this pair will make some correction to the next high level.
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator . BUY position is better choice now, you can set target profit level
35 pips from current price
forex ke trading main yeh bhe ek great pair hai trading krne ke liye or new user ke liye tu yeh ek gift hai ap log agar es pair per watch kr ke trading
krte ho tu forex ke trading main es jesa koe or pair nh hai yeh ek great pair hai forex ke trading main watch kr ke trading kren tu best earning deta
hai yeh pair ,

Time Frame - 4 Hour
Currency pair - EUR/JPY
Buy @ - 120.50
Stop Loss - 119.98
Take Profit - 121.14
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.

The EUR/JPY cross reversed an early dip to sub-120.00 level and regained positive traction for the second consecutive session on Thursday. The momentum has now lifted the cross back towards an important confluence resistance, around the 120.60 region.

The mentioned barrier comprises of 100-day SMA, 50% Fibonacci level of the 122.88-118.46 down leg and a five-month-old ascending trend-line support breakpoint. A sustained break through might be seen as a key trigger for bulls and pave the way for additional gains.

EURJPY is having difficulties with breaking the trendline. If it continues to rise touching the 50% Fib can provoke further rallying of the pair. (114,6)
Support is at 113,8, last low.
I advise to wait for a momentum.

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

Forex technical analysis is the study of market action primarily through the use of charts for the purpose of forecasting future price trends. Forex traders can develop strategies based on various technical analysis tools including market trend, volume, range,support and resistance levels, chart patterns and indicators, as well as conduct a Multiple Time Frame Analysis using different time- frame charts.
Technical analysis strategy is a crucial method of evaluating assets based on the analysis and statistics of past market action, such as past prices and past volume. The main goal of technical analysts is not the measuring of asset’s underlying value, they attempt to use charts or other tools of technical analysis to determine patterns that will help to forecast future market activity. Their firm belief is that the future performance of markets can be indicated by the historical performance.

(Reuters) - Futures indicated that the Dow Jones Industrials index would shed more than 300 points at the open on Thursday after the rapid spread of the coronavirus outside China deepened worries about growth and corporate earnings.

The number of new infections in China, the source of the outbreak, was overtaken for the first time by fresh cases elsewhere on Wednesday, most notably in Italy and Iran.

Adding to worries, the U.S. Centers for Disease Control and Prevention confirmed an infection in California in a person who reportedly did not have relevant travel history or exposure to another known patient.

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 .

The number of new infections in China, the source of the outbreak, was overtaken for the first time by fresh cases elsewhere on Wednesday, most notably in Italy and Iran.

Adding to worries, the U.S. Centers for Disease Control and Prevention confirmed an infection in California in a person who reportedly did not have relevant travel history or exposure to another known patient.