Forex Forecast with price level
EUR/JPY - pair in focus.
Current Price - 119.11
main support level - 118.52
main resistance level - 119.66
Pair likely to be in Sell today.
Thread: Eur/Jpy
Forex Forecast with price level
EUR/JPY - pair in focus.
Current Price - 119.11
main support level - 118.52
main resistance level - 119.66
Pair likely to be in Sell today.
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buildmoney (2019-08-06)
Today market analysis and trend:buy
According to indicators :-
Parabolic sar
Bollinger band
RSI
And
Moving average
Tell the about market trend up so we do trade in buy and take good profit
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buildmoney (2019-08-06)
results of analysis of using daily pivot point calculations for eurjpy
I see this pair still in strong bearish movement . If this pair keep moving to down side ,
I predict this pair will reach to the next support level, maybe this pair will make some correction to the next low level.
Down trend is indicated from the Simple Moving Average and Bollinger Bands indicator .
sell position is better choice now, set take profit at 118.50
you should put StopLoss at 119.35
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buildmoney (2019-08-06)
according to EURJPY technical analysis , I predict this pair have BEARISH TREND.
the price is break Support and Trend Line and it is Falling Down with having the Short signal from the parabolic SAR.
the market trend could remain in this position and I expected support resistance levels
I suggest to take SHORT position at -- 0.6534
target stop loss at --0.6565
target take profit at -- 0.6500
time frame that is considered while making support and resistance levels - Daily and Weekly time frame,
consider the daily economic news before taking the trade.
money management is very effective for getting profits with stop loss and take profits method with current trading position.
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Today Market trend:sell
Market trading signals depend on a indicators
The indicators tell us about market down so do the trading in sell and get a huge profit
Now the trade of Sell is more profitable
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Forex Forecast with price level
EUR/JPY - pair in focus.
Current Price - 119.17
main support level - 118.90
main resistance level - 119.31
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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
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Eur /jpy
Today the current rate is 119.042
By searching all previous results of charts
I think that
The buying rate will be 119.345
And selling rate will be 118.576
.
Good luck
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EUR jpy TODAY technically market trend: Sell
Today's price and current price is pointing clearly towards that market will go down in business..
Resistance and Support points are also pointing that business and trade will go down thats why we should put our trade on sell....
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Currency pair is : EURJPY
Trend is : STRONG SELL
Resistance and supporting level
Resistance level
1 Resistance is: 117.97
2 Resistance is: 119.70
3 Resistance is: 120.47
Supporting level
1 Supporting is: 116.72
2 Supporting is: 117.20
3 Supporting is: 117.97
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.
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