Thread: Eur/Jpy
technical analysis of Eur/jpy is sell
Current Price is ;124.31
Resistance and supporting price is ,,,,
Resistance Price is :
1. Resistance Level:124.76
2. Resistance Level:125.11
3. Resistance Level: 125.36
Supporting price is :
1. Supporting Level: 124.20
2. Supporting Level: 124.09
3. Supporting Level: 123.97
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saddam092 (2019-06-21), Shahzadahmed4850 (2019-05-03)
Dollar Bulls Back in Driving Seat, But For How Long?The Dollar Index (DXY) found comfort near a yearly high above 97.70 today, after a raft of strong US earnings in the previous session boosted confidence over the health of the US economy.
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saddam092 (2019-06-21), Shahzadahmed4850 (2019-05-03)
The market continues to show signs of the carving of a material base with the latest break back above the 107.50 area triggering an inverse head & shoulders formation on the daily chart which opens the door for a move towards the 114.00 area further up
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saddam092 (2019-06-21), Shahzadahmed4850 (2019-05-03)
It’s been a relatively calm start to the week for the Euro, as the currency is holding in patterns from last week without any major moves showing as of yet. EUR/JPY is caught at resistance around monthly highs, taken from the 126.80 level on the chart following last week’s outsized bullish move. EUR/USD is working in a near-term bear flag formation inside of the longer-term range.
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analysis of currency pair is :EUR/JPY
today currency trend is : SELL
Resistance and Supporting level is :
Current price is: 124.50
Pivot Points:"124.55
1>Resistance Level is: 124.62
2>Resistance Level is : 124.70
3>Resistance Level is: 124.78
supporting level
1>Supporting Level is: 124.47
2>Supporting Level is: 124.39
3>Supporting Level is: 124.31
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buttar (2019-05-03), FM1881 (2019-05-03), saddam092 (2019-06-21), Shahzadahmed4850 (2019-05-03)
EUR/JPY is sell
1 Resistance 124.97
2 Resistance 125.27
3 Resistance 125.77
1 Support 124.57
2 Support 124.37
3 Support 124.11
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EUR Jpy
Markeet of this pair is looking downward.
Buy position will be suit.
Bid now......124.82
Resistance
1> Resistance ,,,,,,,,,,,124.95
2> Resistance ,,,,,,,,,,,125.25
3> Resistance ,,,,,,,,,,,,125.75
Support level
1> Support,,,,,,,,,,,,,,124.55
2> Support ,,,,,,,,,,,,124.35
3> Support ,,,,,,,,,,,,,124.10
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EURJPY This pair is at 99. 20/20 (-0.44%) level. If we look at the Average Directional Indicator (ADX) it is telling us that we should be in a Neutral situation. In the one hour time frame the Exponential Moving Average period 5 is at 99.1557, giving the indication that we should Sell. And the Exponential Moving Average period 20 is at 99.4191,
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It’s been a relatively calm start to the week for the Euro, as the currency is holding in patterns from last week without any major moves showing as of yet. EUR/JPY is caught at resistance around monthly highs, taken from the 126.80 level on the chart following last week’s outsized bullish move. EUR/USD is working in a near-term bear flag formation inside of the longer-term range.
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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