Thread: Eur/Jpy
Based on the daily chart of the EUR/JPY currency pair, the euro/yen withdrawn from the descending trading channel.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.
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EURJPY still in strong Bearish movement. If this pair can break the 130.97 support level, this pair will go down to the next level at 131.22 But if this pair go up and break 130.72 resistent level, this pair will make some correction to the next target level at around 130.22
Sell signal is indicated from the Simple Moving Average indicator, I suggest to entry Sell with stoploss at 130.87 and take profit at 131.72
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EUR...JPY
technical analysis Eur/jpy
this is a sensitive price rate
the price eur/jpy buying point is 124.47 and the selling point 124.24
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EUR/JPY
Resistance and Supporting
Resistance 1 - 125.74
Resistance 2 - 125.85
Resistance 3 - 125.67
Supporting 1 - 124.69
Supporting 2 - 124.51
Supporting 3 - 124.25
Last edited by caprice; 2019-04-28 at 12:38 PM.
Technical Analysis of Eur/Jpy is bearish trend
Pivot Points: 124.35
Resistance Levels is :
1>Resistance is : 124.51
2>Resistance is : 124.65
3>Resistance is : 124.78
Supporting Level is :
1>Support is : 124.19
2>Support is : 124.03
3>Support is : 123.89
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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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My analysis of Eur/Jpy
Over all Trend is:Buy
Current price is :124.74
Resistance level is:
1# Resistance is: 124.97
2# Resistance is: 125.13
3# Resistance is: 125.29
Supporting level is :
1# Supporting is: 124.60
2# Supporting is:124.47
3# Supporting is: 124.35
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Eur/jpy
Today market is off
It will be opened on the Monday
I think
It will be go up
And buyers earn more money than sellers
.
Good luck
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EUR Jpy
It is recommended movement of markets is bearish
Count rate is. ..124.46
Resistance
1> Resistance 124.55
2> Resistance 124.75
3> Resistance 124.82
Support level
1> Support 124.25
2> Support 124.12
3> Support 123.90
If you like then click THANKS
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Today analysis for eur/jpy
Resistance level
#1 Resistance level 125.54
#2 Resistance level 125.65
#3 Resistance level 125.70
Support level
#1 Support level 124.46
#2 Support level 124.37
#3 Support level 124.16
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