Thread: Eur/Jpy
EURJPY
Hellow Everyone, My Dear Sir Today Of My Technical Analysis Is eurjpy Sell To Strongly And time frame H1 and H4 moving average indicator RSI (14) and stochastic oscillator (5,3,3)
and
Daily Support And Resistance Level Of This Pairs,,,,,,,
1-Resistance level = 126.88
2-Resistance level = 126.33
3-Resistance level = 126.20
1-Supporting level = 125.66
2-Supporting level = 125.44
3-Supporting level = 125.33
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Any pullbacks towards 110.00 continue to be very well supported by the previous multi-day resistance area from May 2010 through February 2011. Look for a fresh medium-term higher low to carve out around 110.00 ahead of the next major upside extension back towards and eventually through the recent highs by 123.35. Ultimately, only a sustained break below 110.00 concerns.
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Daily analysis of currency pair is :EUR/JPY
today currency trend is : SELL
Resistance and Supporting level is :
Current price is: 12588
Pivot Points:"125.90
1>Resistance Level is:126.28
2>Resistance Level is :126.80
3>Resistance Level is:127.10
Daily supporting level
1>Supporting Level is: 125.54
2>Supporting Level is: 125.20
3>Supporting Level is: 124.98
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- Pivot Point:-- 126.00
- Resistance Level-3______________127.35
- Resistance Level-2 ____________ 126.99
- Resistance Level-1_____________ 126.36
- Support Level-1 ______________ 124.38
- Support Level-2 _______________ 125.21
- Support Level-1_______________ 125.37
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EURJPY
Hellow Everyone, My Dear Sir Today Of My Technical Analysis Is eurjpy Sell To Strongly And time frame H1 and H4 moving average indicator RSI (14) and stochastic oscillator (5,3,3)
and
Daily Support And Resistance Level Of This Pairs,,,,,,,
1-Resistance level = 126.88
2-Resistance level = 126.33
3-Resistance level = 126.20
1-Supporting level = 125.66
2-Supporting level = 125.44
3-Supporting level = 125.33
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.
EUR/JPY Today Analysis
Market Trend Bearish
PIVOT POINT ;125.95
Support 1;125.52
Support 2;125.20
Support 3;124.55
Resistance 1;126.35
Resistance 2;126.90
Resistance 3;127.31
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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
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.
ansarifx444 (2019-04-21), Moon22 (2019-04-21), saddam092 (2019-06-21), SDK (2019-04-22), zainm6050 (2019-04-23)
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 that the breakdown of the resistance level at 125.52 and the pair will continue to go down to the next level level at 125.32
Resistance1 : ------- 125.99
Resistance2 : ------- 126.21
Resistance3 : ------- 125.94
Support 1 : -------- 125.54
Support 2 : -------- 125.35
Support 3 : -------- 125.91
in my personal view this pair will be continue bullish trend, for intraday trading today I suggest SELL at the level 125.62 stop loss at the level 125.17 target take profit at the level 125.97
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.
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.
EUR/JPY did not move and the price did not reach above the descending trendline which serves as the upper limit of the downward trading channel. For the day, there is a slight indication of sellers’ initiative but it can be considered as flat. If the price of the euro/yen pair started to oscillate around the upper boundary of the channel, it indicates a possible move to the south.
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bearish 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 sell signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal. This pair can continue bearish trend, now current price at 125.77 and strong resistent in hourly time frame at level 125.99 there is possible chance price will move to up side. then next low price is 125.26
I suggest to entry SELL with stoploss at 126.12 and take profit at 125.27
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
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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