Thread: Eur/Jpy
Previously, the 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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Everyone made his stretigy by its own opinions. Some peoples used
fundamental approaches, some people used moving averages and
other then used supports and residences , who help him to make his stretigy .
EUR/JPY
According to Hourly time Frame,
Resistance Level are:-
1> Resistance Level is : 126.32
2> Resistance Level is : 126.45
3> Resistance Level is ; 126.56
Supporting Level are:-
1> Supporting Level is : 126.10
2> Supporting Level is : 125.95
3> Supporting Level is ; 125.88
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After moving higher to 102.11 yesterday ,the movement of this pair down until it reverses back to the opening price level. Movement of price expected to strengthen further but will be captured by lines mbfx 101.49. Strengthening that weak has been confirmed by the movement of the stochastic signal in tf h4 that already in oversold area.
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According to Hourly time Frame,
Resistance Level are:-
1> Resistance Level is : 126.32
2> Resistance Level is : 126.45
3> Resistance Level is ; 126.56
Supporting Level are:-
1> Supporting Level is : 126.10
2> Supporting Level is : 125.95
3> Supporting Level is ; 125.88
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.
I try to make analysis for eurgbp pair today.Eur/Jpy
Recommendation Trend is :BUy
Recommendation : Based on the charts and explanations above, we remain neutral for now awaiting more confirmations for the next move.
Resistance level
1 Resistance level :126.45
2 Resistance level :126.60
3 Resistance level :126.84
Support level
1 Support level : 125.97
2 Support level : 125.82
3 Support level : 125.58
Don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
Regaerd :Aliapp
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don't think it's good to sell this pair
i warn you guys, japan bank will sell yen with very big amount
and it will make this pair rise more than 600 pips
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Today the market is close and it will open on Monday
So by checking the all routine of the chart I think that tomorrow the market of eurjpy will move in down way so I suggested that tomorrow we should choose the option of sell for trading
Hope you will follow me and will get more money because I posted this after checking the market carefully Good luck my friend
My all best wishes are with you
Please don't forget to thank my post.
Thanks for reading my post.
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.
"Today i am going to telling you that the technical analysis of ... Eur/Jpy
According to my views markeet has :bullish trend
today resistance and supporting level is:
1,Resistance level is :126.45
2,Resistance level is : 126.60
3,Resistance level is :126.84
Support is :
1,Supporting level is :125.97
2,Supporting level is :125.82
3,Supporting level is :125.58
According to the current scenario I would like to recommend you to take trade according to the support and resistance levels of the market."
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.
I try to make analysis for eurgbp pair today.Eur/Jpy
Recommendation Trend is :Buy
Recommendation : Based on the charts and explanations above, we remain neutral for now awaiting more confirmations for the next move.
Resistance level
1 Resistance level :126.44
2 Resistance level :126.59
3 Resistance level :126.83
Support level
1 Support level : 125.96
2 Support level : 125.81
3 Support level : 125.57
Don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
Regaerd :Kaka
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.
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.
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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