Eur/Jpy

[pmln]

Economic growth will be the theme in the financial markets this week. Japan and the UK will announce data on economic growth in the second quarter of 2019, which could be a sentiment driving the market.

Japan will announce the preliminary reading of economic growth in the second quarter of 2019 on August 8. Market participants expect the Japanese economy to slow down quite badly. Market consensus gathered by Reuters estimates that the quarterly annualized economy of the Rising Sun Country is 0.4%.

Slower than the quarter I-2019 which is 2.2%. Understandably, Japanese exports have contracted alias dropped for seven consecutive months due to the trade war of the United States (US) -China and a slowdown in the global economy. Japan's trade friction with South Korea made things even more complicated.

Then on August 9 local time, the Office for National Statistics (ONS) will announce the preliminary reading of UK economic growth for the second quarter of 2019. Market consensus from Trading Economics estimates that John Bull's economy grew 1.4% YoY. Slowed slightly compared to the previous quarter by 1.8%.

The slowdown in the UK economy has been seen from the Purchasing Manager's Index (PMI) data. In July, the IHS Markit / CIPS UK manufacturing PMI was at 48, the lowest in the past 6.5 years. "In July, we saw the manufacturing sector 'suffocated' because of the global economic slowdown.

Plus there is political uncertainty, "said Rob Dobson, Economist of IHS Markit, in a written statement. In addition to economic growth, investors should also look at the release of Chinese trade data on August 8.

In July, exports of the Bamboo Curtain country were estimated to contract 2.2% YoY, 7.6% YoY imports, and a trade balance surplus of US $ 37.49 billion, citing the consensus of Trading Economics. This data is important because it can determine the direction of US-China trade negotiations.

If China's trade surplus (especially against the US) continues to swell, then the US might become inflamed. US President Donald Trump can be more confident in implementing import duties for the import of products made in China valued at US $ 300 billion starting next September.

Yes, investors also seem obliged to continue to monitor the development of US-China trade relations that are getting hot again. Because, China will reply if the US really imposed the import duty. Instead of trade peace, the US-China will instead lead to the umpteenth volume of trade war.

[JF2019]

Eur/Jpy

Resistance 118.13
Resistance 118.28
Resistance 118.03


Support 118.05
Support 117.28
Support 117.13

[Pak3000]

Pivot points117.99

Resistance 1=118.03
Resistance 2=118.07
Resistance 3=118.11

Support 1=117.95
Support 2=117.91
Support 3=` 117.87

[Shahnawaz148]

Eurjpy
euro / japanese yen
117.959
jpy
−0.115 (−0.10%)
market open (sep 30 01:11 utc-4)
118.074
prev
118.124
open
78.42k
volume
117.941 — 118.176
day's range

[0307148]

Intraday trade:

If a M15 close above 109.52 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 109.25 sell only and do not buy. If price closes back above it again do nothing

The range 109.52 and 109.25 is neutral area, any trade done in between is personal decision and not part of this analysis

[forexA]

EUR-JPY market trend Sell
I predict that there will be a signal trend down
so the best option is to do with the order SELL on resistence level 1
all super indicator Rsi and zigzag and fundament analysis give
signal market going down I observe with dolly indicator would appear there are signal trend Selling
there is a tendency of some signal of some indicators
i want to open position SELL
with the criteria for take profit and stop loss of 20 pips with a take profit position

[pmln]

sift through the mud. Then again, who would determine the star rating? Wouldn't he be the person to ultimately listen to?

After reading several articles on the current Forex market situation, among several well known Forex web sites, you will discover that the market today is a great place to sell because we have not yet sufficiently tested the lows. You will also find that the market today is a great place to buy because the lows have held and are showing great support in this range.

Do some research. There are Forex trading groups all around the Internet. With a little research, you can find out which are the most successful and some even have mentoring programs. Don't stay married to any particular group. If it isn't working out for you, move to something else. Eventually, you'll find yourself in a comfortable group with people you can interact with, share ideas (both similar and contrary), and it will give you more confidence when you're trading. The Forex broker you use may have suggestions as to where you can find appropriate groups, or may even have groups available through their website.

When it comes down to it, the person placing the order is going to be you, and you'll have to take full responsibility for the success or the lack of success, of the trade. But in a Forex market like the present one, where there are many mixed signals out there, it's nice to know you don't have to go it alone. It's just an opinion, after all. But an educated opinion, with a successful track record, is worth so much more than a flip of this.

[Apple99]

(Dated 30th Sep 2019)

Today pair is Eur/Jpy

$ Resistance 118.13
$ Resistance 118.28
$ Resistance 118.03


$ Support 118.05
$ Support 117.28
$ Support 117.13

Market trend > Bullish

[goldmaster]

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

[00923027642346]

Today Eur-Jpy market trend is sell
After doing fundamental analysis or technical analysis the market today sport
or resistence showing 15.22% trade in sell position
according indiactor zigzag 55% parabolic 58.33% and sport resistence
in time frame h1 and h4 market touch
resistence 1 level and again retrace down so i sajjust to open sell trade
and make huge profit so must use stoploss and take profit