Eur/Jpy

[Muneer7171]

Based on the calculation of daily data (from instaforex broker), there are several price levels that are important to note. Watch closely at or near that level and see the possibility of reverse or continuity of price movements. Combine with your strategy.

[talhaahmad04]

Based on the daily chart of the EUR/JPY currency pair, the euro/yen withdrawn from the descending trading channel. While the H4 chart shows that the pair traded in the uptrend trading channel on Wednesday but when the price exceeded its boundary, the lower limit was broken and the price resume to decline and would likely renew its lows in the previous month.

[Rahim217]

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).

[Moon22]

Based on the calculation of daily data (from instaforex broker), there are several price levels that are important to note. Watch closely at or near that level and see the possibility of reverse or continuity of price movements. Combine with your strategy.

[Nawab]

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

[janny]

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

[Rahim217]

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).

[Rahim217]

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

[148]

My analysis of Eur / jpy

Resistance and supporting level is:

Resistance level is :

Resistance level first: 133.08
Resistance level 2nd : 133.68
Resistance level 3rd: 134.26

Supporting level is :

Supporting level first: 131.93
Supporting level 2nd: 131.33
Supporting level 3rd:131.72

[kanita]

eur/jpy Today Analysis

Market Trend Bullish

Pivot Point 123.50


S 1 123.70

S 2 123.90

S 3 124.20


R 1 123.30

R 2 123.10

R 3 122.90