Printable View
EUR/JPY is prolonging the downside for the second session in a row on Friday, exacerbated after breaking below the key support at 119.00 the figure.
The bearish view is expected to remain unchanged as long as the 200-day SMA, today at 120.24, caps the upside.
Against this backdrop, the cross faces the next support of relevance in the 118.30 region, or YTD lows ahead of October 2019 lows in the 117.00 neighbourhood.
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>>
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.>
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
Hi traders ,
Today by checking the all routine of the chart and indicator I have come to know that today the market of eurjpy will move in down way so I suggested that today we should choose the option of sell for trading Hope you will follow me and will get more money because I posted this after checking the market carefully Good luck my friends.
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.
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.
JAPANESE YEN TECHNICAL ANALYSIS TALKING POINTS:
USD/JPY’s sharp falls have been arrested
Dollar bulls are trying to regain control but have yet to do so conclusively
EUR/JPY support looks firm but upside may depend on USD/JPY
The Japanese Yen has made sharp gains against the US Dollar since late February, fundamentally rooted in expectations that US interest rates would fall in response to coronavirus’ economic hit. Those expectations were met this week.
Forex Forecast with price level
EUR/JPY - pair in focus.
Current Price - 119.19
main support level - 118.91
main resistance level - 119.43
Pair likely to be in Sell today.
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.