Thread: Eur/Jpy
EUR/JPY keeps pushing higher amidst the generalized better tone in the risk complex, managing well to extend the upside momentum and trade at shouting distance from the 123.00 neighbourhood.
Immediately above emerges the 123.30 region, where sits 2019 highs. Further up, there are no relevant hurdles until top in the 126.80 zone.
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predictions for the day.
trading is risky if no analysis is done
EUR/JPY - is the currency pair we will be focusing on
major low levels also known as supports 122.30
major high levels also known as resistance - 122.78
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JF2019 (2020-01-16), Moussa (2020-01-17), sabir12 (2020-01-17), Samranfaizan220 (2020-01-16), Zaib55 (2020-01-16)
Eur/Jpy
EUR/JPY four-hour chart
The market formed a base above the 120.00 handle as the spot is breaking above the trendline and challenging the 121.62 resistance. If bulls clear this level, the market can continue its ascent to the 122.12 and 122.63 resistances. Support is seen near 121.11, 120.73, 120.40 and the 120.00 handle, according to the Technical Confluences Indicator.
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Eurjpy
euro / japanese yen
122.631
jpy
+0.099 (+0.08%)
market open (jan 16 10:00 utc-5)
122.532
prev
122.532
open
142.347k
volume
122.482 — 122.875
day's range
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JF2019 (2020-01-16), Moussa (2020-01-17), Qasimbhayo786 (2020-01-16), Unregistered (2)
Zigzag aur bollinger indicators k mutabiq aj market trend buy ka hai.
Pichly 8 ghnty k chart ko dekha jaye toh market kafi down hui thi ab market up jaegi..
Supporting and resistance bhi market k upa hony ka bta rahy hain..
Movement se bhi maloom hota hai k market up hogi..
Is lye hmen buy pe trade lagani chahye..
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 (2020-01-16), JF2019 (2020-01-16), Moussa (2020-01-17), Qasimbhayo786 (2020-01-16)
We are analyzing the trading activity of HFT algorithms on the EURJPY Fx pair this morning and note that it may be a place where opportunities from the sell side will exist in today's trading session.
EURJPY made a bullish attempt earlier today and reached the light HFT selling pressure zone that is noted at 122.76 and above. However, this attempt is now already getting rejected with a bearish candle formed on the hourly chart.
Extra confirmation for a trend reversal from the indicators will be helpful to provide a higher-probability trading signal at this point. To the downside, the light HFT buying pressure zone, noted at 122.24 and below, is the potential price zone that EURJPY can reach today.
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 (2020-01-16), JF2019 (2020-01-16), Moussa (2020-01-17), Qasimbhayo786 (2020-01-16)
Zigzag aur bollinger indicators k mutabiq aj market trend buy ka hai.
Pichly 8 ghnty k chart ko dekha jaye toh market kafi down hui thi ab market up jaegi..
Supporting and resistance bhi market k upa hony ka bta rahy hain..
Movement se bhi maloom hota hai k market up hogi..
Is lye hmen buy pe trade lagani chahye..
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 (2020-01-16), JF2019 (2020-01-16), Moussa (2020-01-17), Qasimbhayo786 (2020-01-16)
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
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 (2020-01-16), JF2019 (2020-01-16), Moussa (2020-01-17), Muhammadfaizan (2020-01-16), Qasimbhayo786 (2020-01-16)
Today's market trend: Sell
kal ki downward movement ko market continue kar skta hai kyuki market meh kafi downtrend tha kal or sellers kafi control me the ,
halaki price abhi ek resistance level pe hai us resistance ko market ache se test karega agar ye level break hota hai toh pakka strong down
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 (2020-01-16), JF2019 (2020-01-16), Moon22 (2020-01-16), Moussa (2020-01-17), Muhammadfaizan (2020-01-16), Qasimbhayo786 (2020-01-16)
Today Market trend:sell
Current price aur previous price market ke down hony ka ishara de rahe hain
Resistance and Support points bhi market ke down hony ka ishara de rahe hain
Isliye hum ko sell main trade laga deni chahiye
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 (2020-01-16), JF2019 (2020-01-16), Moon22 (2020-01-16), Moussa (2020-01-17), Muhammadfaizan (2020-01-16), Qasimbhayo786 (2020-01-16), Royal003 (2020-01-16)
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