Thread: Eur/Jpy
Today technical analysis of Eur/jpy is sell
Resistance and supporting level is:
Resistance level first:125.09
Resistance level 2nd : 125.20
Resistance level 3rd: 125.32
Supporting level first: 124.81
Supporting level 2nd: 124.70
Supporting level 3rd:124.59
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my dear sir today of my tachnical analysis is bullish trend seems to be taking place on the eur jpy pair and that 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 t his pair can continue bullish trend now current price at 124.933 and strong support at level 124.869 in hourly time frame there is possible chance price will move to up side then next high price is 125.237
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danish555 (2019-02-19)
The pair has recently formed a positive intraday reversal from the main indicators, approaching the resistance of the descending channel extending towards 125.10. We reiterate the importance of the stability of this resistance to confirm the suggested negative continuation previously targeting the stability level below 124.10.
If the price is above the current resistance and offers a positive close above it, it will confirm its release from the bearish bias to expect the formation of a strong bullish momentum and target many positive levels starting from 126.10
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Price move in upper hma 32 line. This indicates that price shown in bullish trend for short term. If we look signal stochastic condition in tf h1 had shown in overbought level, that estimated for price to retrace down before go up again.
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Unregistered (2)
EUR/JPY jumped to trade near 125.200 due to weakness in Japanese Yen and strengthening of Euro. Since Euro is the second most traded currency in the world after US dollar, a weakness in dollar index increases flow of investment towards the Euro. Hence, an increased demand for Euro is causing bullish trends in the EUR/JPY.
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danish555 (2019-02-19), Muneer7171 (2019-02-18), Trump (2019-02-19), Unregistered (2)
The spot rate is currently testing the intermediate support of its medium term bearish channel in 107.80 suggesting a rebound. However a break of these levels would entail a return to the lower limit of its channel to 106.40.
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Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 124.81
This currency name - EUR/JPY
Resistance and Target - 125.11
Support and Stop Loss - 124.51
Always follow Long time frame market trend.
Signal is Sell.
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Muneer7171 (2019-02-18)
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 :124.83
2 Resistance level :124.98
3 Resistance level :125.23
Support level
1 Support level ;124.34
2 Support level ;124.19
3 Support level ;123.95
Don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
Regaerd :Kaka
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Muneer7171 (2019-02-18), Unregistered (2)
Eur/Jpy
Parabolic indicator is : buy
Current price is: 124.92
1.Resistance level is : 125.12
2.Resistance level is :125.26
3.Resistance level is : 125.36
1.Supporting level is : 124.81
2.Supporting level is : 124.68
3.Supporting level is :124.53
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Muneer7171 (2019-02-18)
Today analysis for the pair of :Eur/Jpy
--- Trading opinion for the best profitable trade: Open buy ---
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. Best of luck
Resistance level of this pair is:
1# Resistance is: 124.82
2# Resistance is: 124.97
3# Resistance is: 125.20
Supporting level of this pair is :
1# Supporting is: 124.36
2# Supporting is: 124.21
3# Supporting is: 123.98
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.
Muneer7171 (2019-02-18), PAK786 (2019-02-18), tradersahab (2019-02-18), Unregistered (2)
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