EUR/JPY reversed up sharply from four-month lows while it is now battling between the main daily simple moving averages (SMAs).
Printable View
EUR/JPY reversed up sharply from four-month lows while it is now battling between the main daily simple moving averages (SMAs).
The EURJPY was indecisive on Friday, made a Doji on daily chart. My overall technical bias remains to the downside as long as price stays below the trend line resistance but the movement back above 109.45 earlier today in Asian session stops the strong intraday bearish bias for now
Today position :buy
Ye kaafi weak chal raha hai aur esliye esme usd strong hone ki wajah se ye pair up ho raha hai,esme ka level agar break hota hai to esme fir buy nahi karna chahiye,.aur sabse strong support esme long term trading ke liye hai tabb takk esme trader buy the dip karke market me sahi entry lekar apne trade ko open aur close kar sakta hai.
Aj k liye buy Karna zaida better rahay ga
Today market analysis and trend:buy
According to indicators :-
Parabolic sar
Bollinger band
RSI
And
Moving average
Tell the about market trend up so we do trade in buy and take good profit
Forex Trading Is The Tree Of Money If You want Become A Millionaire So Achieve Good Knowledge About Trading
👍 BesT Of LucK 👍
Forex is a short-term trading market, where a trader aims to derive the profit from the price rate fluctuations. The maximum duration of a trade on Forex is several months, while on the stock market it may last for maximum 5-7 years. The foreign exchange market is decentralized. Various banks trade on it using different software. Most individuals simply cannot enter the interbank Forex market, as the standard trade volume here varies from $100,000 to $1 million. A dealing centre acts as an intermediary between the bank and the trader.
Money management is very effective for getting profits with stop loss and take profits method with current trading position. Remember there are risks in forex trading field so be active and be careful.
If you want become Successful Trader In Forex so could the hard work and get a knowledge and experience about forex trading.
kal k hi uptrend ko market continue kar skta hai kuki market meh kafi upward strong movement thi kal or kafi buyers ne dominate kara hai ,
halaki abhi ek support level pe jisko market ache se test kar rha hai agar ye level break hota hai toh defintely strong up movement dikhegi is pair meh.
I predict this pair have bullish direction
I suggest to take LONG position today
time frame that is considered while making support and resistance levels – use Daily and Weekly time frame, consider the daily economic news before taking the trade.
money management is very effective for getting profits with stop loss and take profits method with current trading position.
Trend represents one of the most essential concepts in technical analysis. All the technical analy- sis tools that an analyst uses have a single purpose: help to identify the market trend.The meaning of Forex trend is not so much different from its general meaning - it is nothing more than the direction in which the market moves. But more precisely, foreign exchange market does not move in a straight line, its moves are characterized by a series of zigzags which resemble successive waves with clear peaks and troughs or highs and lows, as they are often called.
As we mentioned above, forex trend is comprised of a series of highs and lows, and depending on the movement of those peaks and troughs one can understand the trend’s type on the market.
Though most people think that foreign exchange market can be either upward or downward, actu- ally there exist not two but three types of trends:
Uptrend Downtrend Sideways
Trend represents one of the most essential concepts in technical analysis. All the technical analy- sis tools that an analyst uses have a single purpose: help to identify the market trend.The meaning of Forex trend is not so much different from its general meaning - it is nothing more than the direction in which the market moves. But more precisely, foreign exchange market does not move in a straight line, its moves are characterized by a series of zigzags which resemble successive waves with clear peaks and troughs or highs and lows, as they are often called.
As we mentioned above, forex trend is comprised of a series of highs and lows, and depending on the movement of those peaks and troughs one can understand the trend’s type on the market.
Though most people think that foreign exchange market can be either upward or downward, actu- ally there exist not two but three types of trends:
Uptrend Downtrend Sideways
--- Update ---
Trend represents one of the most essential concepts in technical analysis. All the technical analy- sis tools that an analyst uses have a single purpose: help to identify the market trend.The meaning of Forex trend is not so much different from its general meaning - it is nothing more than the direction in which the market moves. But more precisely, foreign exchange market does not move in a straight line, its moves are characterized by a series of zigzags which resemble successive waves with clear peaks and troughs or highs and lows, as they are often called.
As we mentioned above, forex trend is comprised of a series of highs and lows, and depending on the movement of those peaks and troughs one can understand the trend’s type on the market.
Though most people think that foreign exchange market can be either upward or downward, actu- ally there exist not two but three types of trends:
Uptrend Downtrend Sideways
--- Update ---
Trend represents one of the most essential concepts in technical analysis. All the technical analy- sis tools that an analyst uses have a single purpose: help to identify the market trend.The meaning of Forex trend is not so much different from its general meaning - it is nothing more than the direction in which the market moves. But more precisely, foreign exchange market does not move in a straight line, its moves are characterized by a series of zigzags which resemble successive waves with clear peaks and troughs or highs and lows, as they are often called.
As we mentioned above, forex trend is comprised of a series of highs and lows, and depending on the movement of those peaks and troughs one can understand the trend’s type on the market.
Though most people think that foreign exchange market can be either upward or downward, actu- ally there exist not two but three types of trends:
Uptrend Downtrend Sideways
Winning signals - Profit signals.
Today Target Pair - EUR/JPY
Today main profit zone .
121.08 - 121.61 - 122.17
Today main support zone.
118.91 - 119.43 - 120.00
Follow my trades with risk management in mind.
Always make profit - calculate the profit at month end.
EUR / JPY intraday: RSI is oversold
*
Prev Prev arrow
Next Next arrow
*
* Our pivot point is located on: 120.18.
Our preference: bearish below 120.18.
Alternative scenario: in excess of 120.18, the EUR / JPY could go to 120.53 and 120.73.
Comment: the RSI is below 30, which may show a downward trend that will continue or an oversold condition and therefore a technical recovery is necessary. We can compare the evolution of the RSI with the prices to detect the appearance of divergences between the two. The MACD is negative and below its signal line. The configuration is bearish. In addition, prices are below their moving averages 20 and 50 (located respectively at 120.36 and 120.43
https://indian-forex.com/customavatars/708496055.jpg