Eur/Jpy

[Shair]

eur /jpy
While technical analysis is focused on the study and past performance of market action, Forex fundamental analysis concentrates on the fundamental reasons that make an impact on the market direction.
The premise of Forex fundamental analysis is that macroeconomic indicators like economic growth rates, interest and unemployment rates, inflation, or important political issues can have an impact on financial markets and, therefore, can be used for making trading decisions.
The reason why fundamental analysts use so long timeframe is the following: the data they study are generated much more slowly than the price and volume data used by technical analysts.
Forex Trading Strategy Based on Fundamental Analysis
Technicians do not find it necessary to know the reasons of market changes, but fundamentalists try to discover “why”. The latter analyze macroeconomic data of a specific country or different countries to forecast the given country’s currency behaviour in the nearest future. Based on certain events or calculations, they may decide to buy the currency in the hope that the latter will rise in value and they will be able to sell it at a higher price, or they will sell the currency to buy it later at a lower price.

[Just Chill]

Today Market Anylisiss....
Resistance points and Support points of market goes down.
The pointers educate us concerning business sector down so do the exchanging Sell and get an enormous benefit
So could the trading in Sell and get a huge profit.
As this pair we know that .Big movement of every pair also because of news.

[Shahnawaz148]

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.

[heel]

It is likely that having entrenched below the resistance level1.6050; the price will not be able to break it up for upward correction today. The consolidation near 1.6050 may serve as an exception, after which there will be the downward trend continued until the next support level 1.5950.
If the price falling does not stop at the support level 1.5950, there will be a rising trend line retest 1.5920.today i like to buy this pair @ 1.6040
my stop loss of the day @ 1.6015
half take profit for today @ 1.6075
and further half take profit @ 1.6093

[Adnanali]

Eur/Jpy

Resistance level
1.Resistance level 121.61
2.Resistance level 122.19
3.Resistance level 122.95

Supporting level
1.Supporting level 120.67
2.Supporting level 119.93
3.Supporting level 119.45

[Jinnah]

If EUR/JPY continues its advance into higher levels, it may encounter resistance at 117.80 (May 31 high), 118.50 (April 26 low) and 119.20 (May 3 low). To the downside, support levels lie at 117.16 (May 20 high), 116.90 (May 11 high), and 116.37 (May 26 high).

[Iqlevel]

The EURJPY repeats the negative closes


The EURJPY pair’s price provides a new negative close by its fluctuation below 120.30 level, to confirm its readiness to resume the negative attack, to hit 119.65 level.



stochastic reach to the oversold level will increase the chances for gathering a new negative momentum, to expect targeting new negative levels that might begin at 119.35 reaching 23.6% Fibonacci correction level at 118.60.



The expected trading range for today is between 120.30 and 119.35



The expected trend for today: Bearish

[Jinnah]

If EUR/JPY continues its advance into higher levels, it may encounter resistance at 117.80 (May 31 high), 118.50 (April 26 low) and 119.20 (May 3 low). To the downside, support levels lie at 117.16 (May 20 high), 116.90 (May 11 high), and 116.37 (May 26 high).

[Adnanali]

Eur/Jpy

Resistance level
1.Resistance level 121.61
2.Resistance level 122.19
3.Resistance level 122.95

Supporting level
1.Supporting level 120.67
2.Supporting level 119.93
3.Supporting level 119.45

[Arshad170]

Today market trand is sell....
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. Ta k ap zyda earning hasal kr saken or agar
ap market ko achi terha samjay bagher trade kren
ge to nuqsan uthana paray ga. Best of luck....