Eur/Jpy

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The pair is in strong uptrend line targeting 117.80.But a clear break of this blue uptrend line will trigger a strong bearish targeting 115.80 and 115.00

Major trend : upward
Minor trend : downward

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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 116.305 at 2020-05-05, but your current investment may be devalued in the future.

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Discussion of this pair in my opinion that market can be move to the bullish trend, as looking forward to the open trade, and I prefer the first option of sell it .
If we seems that closing graph of this pair its overall trend show us buy, and moving average is looking strong up side ,I think it can little bit move up but looking world's situation by Covide,19 it can be move to the down side ,so my suggestions are to sell here ,
If you like & agree .

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 116.322 at 2020-05-05, but your current investment may be devalued in the future.

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
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EUR/JPY remains under heavy selling pressure below the main SMAs (simple moving averages) on the daily chart as the currency cross is hovering near the 2020 lows currently located at the 116.12 level.

EUR/JPY is trading below the main SMAs on the four-hour time frame suggesting a negative bias in the medium term. The spot is about to challenge the 116.90 support level and a break below it could lead to further bearish traction towards the 116.00 and 115.45 price levels. Conversely, resistance can emerge near the 117.50 and 118.00 level near the 50 SMA.

Eur/Jpy
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Oscillator sales volume & current price, support level shows for markit going down points and resistance level shows market is going up.. Instaforex is the best for online investing and trading.==========