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The pair approached the awaited consolidation areas of 102.00 and momentum indicators are offering positive signals that support the intraday upside move. In general, we hold onto our morning expectations as far as stability is seen below 102.00 areas
Eur/Jpy Bullish Position Today,s
Current Rate is: 129.53
Resistance 1: 129.82
Resistance 2: 130.28
Resistance 3: 130.72
http://gulfupp.com/do.php?img=30688
Support 1: 128.92
Support 2:128.46
Support 3: 128.05
The pair approached the awaited consolidation areas of 102.00 and momentum indicators are offering positive signals that support the intraday upside move. In general, we hold onto our morning expectations as far as stability is seen below 102.00 areas.
Recommendation : Based on the charts and explanations above, our opinion is selling the pair around 102.00 targeting 100.20 and stop loss with four-hour closing above 103.00 might be appropriate
In H1 chart of the pair, the price is in uptrend because it is above the Ichimoku Kumo Cloud and EMA 200. But there is a Divergence on MACD indicator. So, I think the price will retrace to the Kumo Cloud and then it will increase strongly
Forex Forecast with price level.
EUR/JPY - pair in focus.
Current Price - 129.56
main support level - 129.18
main resistance level - 129.93
Pair likely to be in Sell today.
Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 129.35
This currency name - EUR/JPY
Resitance and Target - 130.22
Support and Stop Loss - 128.48
Always follow Long time frame market trend.
Signal is Sell.
Time Frame - 4 Hour
Currency pair - EUR/JPY
Buy @ - 129.49
Stop Loss - 129.34
Take Profit - 129.64
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.
My dear Sir today's off EUR JPY technical analysis is,
Resistance level 133.086
Resistance level 131.997
Resistance level 131.405
Supporting level 129.724
Supporting level 128.635
Supporting level 128.043
If a M15 close above 110.61 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 110.37 sell only and do not buy. If price closes back above it again do nothing
The range 110.61 and 110.37 is neutral area, any trade done in between is personal decision and not part of this analysis
EUR/JPY
time frame hourly chart
market main es currency pair ke price 130.73 hey
market main es pair ke high price 131.04 the
aur es pair ke low price aaj 130.72 tak gae hey
market main es pair ka trend down hey lekin hum trend ko clear nhe jan sakte hain
market main es pair ke price up ja sakte hay traders clear trend nah hone tak deal open nah karain
market position yeh hey
https://image.ibb.co/mu0wvU/Screenshot_3.png