SubscribeEURJPY Trend is down
1 Resistance level:123.23
2 Resistance level:122.15
3 Resistance level:121.09
1 Supporting level:120.13
2 Supporting level:119.06
3 Supporting level:118.08
Thread: Eur/Jpy
EURJPY Trend is down
1 Resistance level:123.23
2 Resistance level:122.15
3 Resistance level:121.09
1 Supporting level:120.13
2 Supporting level:119.06
3 Supporting level:118.08
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Today market trend is SELL
Dear friends today Market trend
is natural so i sugest please wait for good
entry point becasue fibionic retracement
is percent and all over trend is SELL
some indicators like
moving avarages 98%
bolinger band 23.5%
parabolic 67%
market trend is SELL
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At this stage it can be auto pivot point from simply moving average on buy.
MCad showing the simple down trend which can be easily judge without any main reason.
Eur.jpy
M5 & M30 also tells us for up trending due to main two green lines shown this.
Support on down side near about its going to be bearish looking for us.
So today is going trend now up and position at here is no danger.
Thats my technical analysis of this pair has similar as today market trend.
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The main take away from today's ECB policy announcements is that QA is likely to be with us for a considerably long time considering policy is explicitly linked to the central bank's inflation target while it is up to the individual nations to offer fiscal stimulus. However, with only a 10bps rate cut and €20bn/month of QE, some observers feel this was not enough.
"We don't think that the ECB has delivered enough. We think it will have to deliver at least two more 10bps rate cuts in December and March, as well as to augment the pace of QE to €40bn/month in March once the global macro environment worsens further," analysts at TD Securities argued.
EUR/USD key technical thresholds held, in both directions - What this means is the Swiss National Bank are likely to refrain from too much intervention for the time being considering the euro has not broken the lower boundaries on a slightly disappointing outcome from the ECB.
EUR/JPY bulls pile in, CHF/JPY caps EUR/CHF's advance
The SNB declined to comment about the possible implications for its own monetary policy. Denmarks National bank cut its key policy rate by 10bp to minus 0.75% after the ECB's announcements. EUR/JPY has rallied the furthest and CHF/JPY has continued higher by 0.70%.
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Asad468 (2019-09-15)
Market trend of the day:buy
Current price
Previous price
Tell us about market up and all indicators give a green signal for market up
The trade of ßuy will give us a profit
Forex Trading give a chance to become 👍 Millionaire 👍
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.
Market trend of the day:buy
Current price
Previous price
Tell us about market up and all indicators give a green signal for market up
The trade of ßuy will give us a profit
Forex Trading give a chance to become 👍 Millionaire 👍
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.
Asad468 (2019-09-15)
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.
Asad468 (2019-09-15), BilalMughal (2019-09-15), goldmaster (2019-09-15), zahid2016 (2019-09-15)
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.
Asad468 (2019-09-15)
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
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.
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.
Ahmadali (2019-09-15), BilalMughal (2019-09-15), IUB (2019-09-15), sakigbest (2019-09-15), zahid2016 (2019-09-15)
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