EURJPY trend is sell
Pivots Point: 121.265
1 Resistance level is 125.708
2 Resistance level is 128.456
3 Resistance level is 132.903
1 Supporting level is 116.821
2 Supporting level is 114.075
3 Supporting level is 109.639
Thread: Eur/Jpy
EURJPY trend is sell
Pivots Point: 121.265
1 Resistance level is 125.708
2 Resistance level is 128.456
3 Resistance level is 132.903
1 Supporting level is 116.821
2 Supporting level is 114.075
3 Supporting level is 109.639
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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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jellybelly2017 (2020-04-24)
Pivot, Resistance Levels and Support Levels for EUR / JPY
For Stop Loss and Trading Targets
Calculation For Trading:
Resistance Level (R3): 117.693
Resistance Level (R2): 117.232
Resistance Level (R1): 116.616
Pivot Point: 116.155
Support Level (S1): 115.539
Support Level (S2): 115.078
Support Level (S3): 114.462
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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=======
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
jellybelly2017 (2020-04-24), Zaib55 (2020-04-24)
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Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Asadjaved (2020-04-24), Ass (2020-04-24), jellybelly2017 (2020-04-24), Unregistered (2)
EUR/JPY
Market trend Bearish
Pivot Point 118.19
Support 117.16
Support 117.63
Support 117.91
Resistance 118.36
Resistance 118.54
Resistance 118.98
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Asadjaved (2020-04-24), Ass (2020-04-24), jellybelly2017 (2020-04-24)
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
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Asadjaved (2020-04-24), Ass (2020-04-24), Focky (2020-04-24), jellybelly2017 (2020-04-24)
eurjpy pair just bounced from its support 114..
i think now its time for this pair to go up..it can be bought from here till 117..
thsi pair is not showing too much move..but for now its signals are suggesting for this much only
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Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 115.96
This currency name - EUR/JPY
Resistance and Target - 116.05
Support and Stop Loss - 115.87
Always follow Long time frame market trend.
Signal is Sell.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Asadjaved (2020-04-24)
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