Technical analysis of eur/jpy
Today bearish trend
Pivot Point. 124.85
current Price. 125.11
Resistance level
R1. 125.22
R2. 125.33
R3. 125.44
Supporting level
S1. 125.00
S2. 124.88
S3. 124.77
Thread: Eur/Jpy
Technical analysis of eur/jpy
Today bearish trend
Pivot Point. 124.85
current Price. 125.11
Resistance level
R1. 125.22
R2. 125.33
R3. 125.44
Supporting level
S1. 125.00
S2. 124.88
S3. 124.77
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JamesX9 (2019-05-01), jellybelly2017 (2019-05-01), saddam092 (2019-06-21)
Technical analysis of the pair
and trend is : EUR/JPY
My Resistance and Supporting level of this pair is,
My Resistance level of this pair is,,
Resistance 1: 125.05
Resistance 2: 125.25
Resistance 3: 125.45
My supporting level of this pair is ,,
Supporting 1: 124.65
Supporting 2: 124.45
Supporting 3: 124.25
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jellybelly2017 (2019-05-01), saddam092 (2019-06-21)
eur/jpy
TREND INDEX Bearish
OB/OS INDEX Neutral
VOLATILITY INDEX High
market is now Bearish
KEY LEVELS
R3 125.95
R2 125.52
R1 125.28
PP 124.85
S1 124.61
S2 124.18
S3 123.94
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JamesX9 (2019-05-01), jellybelly2017 (2019-05-01), saddam092 (2019-06-21)
technical analysis of Eur/jpy is buy
Current Price is ;125.12
Resistance and supporting price is ,,,,
Resistance Price is :
1. Resistance Level:125.57
2. Resistance Level:125.92
3. Resistance Level: 126.17
Supporting price is :
1. Supporting Level: 125.01
2. Supporting Level: 124.89
3. Supporting Level: 124.78
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this is my analysis for EURJPY, hopefully it will be good & understandable and help you to earn good profit in trading. Simple Moving Average chart for this pair seen as an indicator as smoothly up movement, so it is possible the breakout of the resistance level at 125.36 and the pair will continue to go up to the next resistance level at 125.58 in my personal view this pair will be continue bullish trend, for intraday trading today I suggest BUY at the level 125.27 stop loss at the level 125.72 and target take profit at the level 124.92
Resistance1 : ------- 125.33
Resistance2 : ------- 125.56
Resistance3 : ------- 125.29
Support 1 : -------- 124.88
Support 2 : -------- 124.69
Support 3 : -------- 125.26
if market movement as my scenario, you can earn good profit and avoid much loss in your trading keep trade with discipline and patience . remember..always trade in the direction of the current trend, because trend always your friend.
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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).
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saddam092 (2019-06-21)
bullish trend seems to be taking place on the EURJPY pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal. This pair can continue bullish trend, now current price at 125.11 and strong support in hourly time frame at level 124.89 there is possible chance price will move to up side. then next high price is 125.62
I suggest to entry BUY with stoploss at 125.61 and take profit at 124.76
use higher timeframe is very important because it always helps you to enter in the direction of current trend . using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit. I hope you can earn consistent profit from my signal, good luck
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EurJpy technical analysis by using : Auto pivot indicator.
Parabolic SAR indicator there a dot below the candles that indicates a upward direction in addition to that we can see a BUY signal on the MACD indicator that is moving above the level 0 beside that the CCI line is located at the higher level to perform a upward signal on the chart of the this pair there is a main up trend signal as the 2 EMA 5 and 6 are moving above the slow EMA of 35 and if other indicators confirm a bullish direction then I will go for “BUY” positions.
resistance level 1 : 126.34
resistance level 2 : 125.97
resistance level 3 : 125.63
pivot point : 125.26
support level 1 : 124.92
support level 2 : 124.55
support level 3 : 124.21
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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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saddam092 (2019-06-21)
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