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Today market trend:ßearish Sell
Resistance points and Support points going down in 4 hours chart
According to the famous indicators market goes down so we want do the trading in sell
Keep confidence and take a huge profit in forex trading because the confidence is a main key of success
Euro soars versus US dollar, boosts EUR/JPY to highest since mid-April.
Month-end flow trigger volatility across the currency market.
A decline of the US dollar versus European currencies and a rally of the USD/JPY pair triggered a sharp move to the upside on EUR/JPY. The cross climbed from 115.75 to 117.31, reaching the highest level since April 16.
As of writing, it trades at 116.80/90, off lows but as volatility remains elevated. The US Dollar Index tumbled, reaching two-week lows under 99.00. The DXY slide was moderated by the USD/JPY rally
predictions for the day.
trading is risky if no analysis is done
EUR/JPY - is the currency pair we will be focusing on
major low levels also known as supports 115.29
major high levels also known as resistance - 115.81
Audjpy:cur
aud-jpy x-rate
68.8490jpy-0.2450-0.35%
as of 12:25 pm edt 05/14/2020 edt
open
69.0940
prev close
69.0940
ytd return
-9.79%
day range
68.549069.1610
52 week range
59.905076.5470
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I bought EUR/JPY for the medium term - at least several days unless I get contradictory signals.
Reasons:
Bullish price action patterns on the daily chart. First a pin bar then a bullish engulfing bar
Price is crossing a small but still important pivot zone, the 115.00 area
The support on the daily chart at 113.50 is the bounce place. Multiple bottoms in this area = strong rejection.
target at least 116.50 or more; stop loss at 113.50. Again, this is a medium term trade
Today Market trend:sell
Current price aur previous price market ke down hony ka ishara de rahe hain
Resistance and Support points bhi market ke down hony ka ishara de rahe hain
Isliye hum ko sell main trade laga deni chahiye====
Market analysis about trading
Today market trend = sell
Oscillator sales volume
Current price
And
Support points and resistance
market ke nechay janey k haq main hain
Sell ki trade profit de gi
Indicators ko follow karte hoye aur
apni samjh soch ke sath trading
Kren
Forex forum is the good forum in the world. It provide us facility to earn good profit by trading on it.
I have also use this forum for invest money and make trading to earn good profit.
I have used to indicators RSI and Zigzag for signal of trading then I have made trading and earn good profit.
Note:Always Follow the making experienced with others having great knowledge about trading.
EUR/JPY breaches 116.00 and navigates the YTD lows near 115.50.
Immediately to the downside is located the 2017 low at 114.85.
EUR/JPY remains fragile despite the ongoing bullish attempt following a visit to the yearly lows in the mid-115.00s.
If the selling bias accelerates, then the next contention of significance will be the 2017 low at 114.85 (April 17).
Looking at the broader picture, the downside pressure is expected to lose some momentum on a surpass of April tops in the 119.00 neighbourhood
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.