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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'S TECHNICAL LEVEL OF EUR-JPY ============
Resistance. 1: 130.25. Resistance. 2: 130.65. Resistance. 3: 131.15.
Support. 1: 129.05. Support. 2: 128.25. Support. 3: 127.65.
============EUR-JPY MARKET OVER ALL TREND BUY ==============
Forex Forecast with price level.
EUR/JPY - pair in focus
Current Price - 129.95
main support level - 129.68 129.78
main resistance level - 130.05 130.22
Pair likely to be in Sell. today.
price level now -- 129.57 --, aaj ka movement (EUR/JPY ) meh kafi - strong - movement reh sakta hai, market ki movement se aaj - Uptrend - movement ke chances jayada hai, market agar is -- 129.72 -- level ko break karti hai toh next target rhegi -- 129.80-- or isko break karne k bad final target rhegi -- 129.95--. Final Support -- level rhegi -- 129.26 -- isko break karne ke baad strong - sell - signal rhegi. Ye analysis/signal short time frame or scalpers ke liye hai.
Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at == 131.04 level.
This currency name == eur/jpy pair.
Resitance and target - 132.54
support and stop loss - 129.54
Always follow Long time frame market trend.
Signal is Sell
Time Frame - 4 Hour
Currency pair - EUR/JPY
sell @ 129.57
Take profit @ 129.20
Stop loss @ 130.12
Risk reward ratio - 1 : 3
The pair may go bearish and possible retracement downtrend. Buy dips sell high.
Today EUR/JPY pair Trend :
I analysis the EUR/JPY and i find these trading points for trading. For your safe and profitable trading I share these prices for selling or buying the EUR/JPY. Trading recommendations: Buy : 130.00 Take profit: 130.80 Buy 130.85 Take profit: 131.75 Sell: 131.70 Take profit: 131.15 Sell: 131.10 Take profit: 130.40.
Eurjpy pair ka trend strong sell ka ab bn chuka hay aor eurjpy ki ab tk ki price moving 129.87 sy 130.23 tk ki howi hay aor eurjpy ka trend strong sell ki condition main hay aor Trader eurjpy ko 130.20 , 130.70 ya 131.20 sy strong sell laga sakta hay aor Trader eurjpy ko take profit kay liay 129.00, 128.00 aor 127.00 tk ki prices ko set kar lay aor Trader stop loss kay liay 131.00 ya zyada sy zyada 130.50 tk ki price ko manage kar kay trading profitable kar sakta hay
Eur/Jpy Today's technical analysis is Bearish...
1. Resistance Level: 130.45
2. Resistance Level: 130.80
3. Resistance Level: 131.32
1. Supporting Level: 129.59
2. Supporting Level: 129.05
3. Supporting Level: 128.71
eurjpy pair trading trend now looking strong selling and i prefer for selling the eurjpy at price 130.50 to 131.00 and set the take profit at price below 128.00 to 126.00 and we set our stop loss point at price maximum 131.30 to 131.60 and it is must for trader that he/she complete analysis the eurjpy pair and he/she understand the right trend and then he/she place order in eurjpy and make good profit with eurjpy selling trades today