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Let's look at the four-hour chart. Tenkan-sen line is above Kijun-sen, the red line is directed downwards, while the blue one remains horizontal. Confirmative line Chikou Span is approaching the price chart from above, current cloud is ascending. The instrument has been corrected to the Tenkan-sen line. The closest support level is the lower border of the cloud (128.67). The closest resistance level is Tenkan-sen line (128.75).
On the daily chart Tenkan-sen line is above Kijun-sen, the blue line is directed upwards, while the red one remains horizontal. Confirmative line Chikou Span is approaching the price chart from above, current cloud is descending. The instrument has entered the cloud. The closest support level is Tenkan-sen line (128.34). The closest resistance level is the lower border of the cloud (128.05).
Recommendation
On the four-hour chart we can see a correction of the downward movement. On the daily chart we can see a correction of the downward movement. It is recommended to open long positions at current price with Take Profit at the level of previous maximum of Chikou Span (130.00) line and Stop Loss at the level of Kijun-sen line (128.25).
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Eurjpy pair ka trend strong sell ka hay aor eurjpy ki ab tk ki price moving 128.54 sy 129.48 tk ki howi hay aor eurjpy ka trend strong sell ki condition main hay aor Trader eurjpy ko 129.50 , 130.00 sy strong sell laga sakta hay aor Trader eurjpy ko take profit kay liay 126.50, 126.00 aor 125.50 tk ki prices ko set kar lay aor Trader stop loss kay liay 130.00 ya zyada sy zyada 130.30 tk ki price ko manage kar kay trading profitable kar sakta hay
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Eurjpy pair trading up levels movement with my today forecast and analysis eurjpy pair trend is up:
Up Levels are : 130.85
Normal Levels are : 129.20
Down Levels are : 128.42
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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
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Eurjpy pair ka trend strong sell ka hay aor eurjpy ki ab tk ki price moving 129.21 sy 129.42 tk ki howi hay aor eurjpy ka trend strong sell ki condition main hay aor Trader eurjpy ko 129.30 , 129.80 sy strong sell laga sakta hay aor Trader eurjpy ko take profit kay liay 127.50, 127.00 aor 126.50 tk ki prices ko set kar lay aor Trader stop loss kay liay 130.20 ya zyada sy zyada 130.60 tk ki price ko manage kar kay trading profitable kar sakta hay
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EURJPY Today Prediction
Strategy: SELL: stop loss at 130.00, take profit at 127.50, 126.50.
Resistance levels: 129.50, 130.00, and 130.50.
Support levels: 127.00, 126.00, and 125.00.
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Eur/Jpy pair in selling and Eur/Jpy pair trading below price level 129.50 it mean that pair no more chances to move up prices to 130.00 to 130.50 and i recommend for sell the Eur/Jpy on prices above 129.00, 129.50 and 130.00 with adjustment of stop loss 130.30 or 130.60 maximum and adjust the take profit on prices below 127.00, 126.00 and 125.00.
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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
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Eurjpy pair trading up levels movement with my today forecast and analysis eurjpy pair trend is up:
Up Levels are : 131.55
Normal Levels are : 130.55
Down Levels are : 129.05
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Eur/Jpy pair in selling and Eur/Jpy pair trading below price level 130.00 it mean that pair no more chances to move up prices to 130.50 to 131.00 and i recommend for sell the Eur/Jpy on prices above 129.80, 130.30 and 130.80 with adjustment of stop loss 131.00 or 131.40 maximum and adjust the take profit on prices below 128.00, 127.00 and 126.00.