Eur/jpy bullish position current rate is: 129.97
R1: 130.23 R2: 130.41 R3: 130.71
S1: 129.81 S2: 129.55 S3: 130.11
Thread: Eur/Jpy
Eur/jpy bullish position current rate is: 129.97
R1: 130.23 R2: 130.41 R3: 130.71
S1: 129.81 S2: 129.55 S3: 130.11
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Time Frame - 4 Hour
Currency pair - EUR/JPY
sell @ 129.75
Take profit @ 129.06
Stop loss @ 130.10
Risk reward ratio - 1 : 3
The pair may go bearish and possible retracement downtrend. Buy dips sell high.
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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.
jobless (2018-08-01), Mr Law (2018-07-31), punjabpolice (2018-08-01)
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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Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at == 129.82 level.
This currency name == eur/jpy pair.
Resitance and target - 130.55
support and stop loss - 128.82
Always follow Long time frame market trend.
Signal is Sell
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.
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.
hmforex (2018-07-30), jhoradpak (2018-07-31), punjabpolice (2018-07-30)
Eur/Jpy today's technical analysis is bullish..
1. Resistance level: 129.60
2. Resistance level: 129.80
3. Resistance level: 130.02
1. Supporting Level: 129.15
2. Supporting Level: 128.90
3. Supporting Level: 128.72
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hmforex (2018-07-30), punjabpolice (2018-07-30)
Eur/Jpy today's technical analysis is bullish.
1. Resistance Level: 129.60
2. Resistance Level: 129.80
3. Resistance Level: 130.05
1. Supporting Level: 129.15
2. Supporting Level: 128.90
3. Supporting Level: 128.72
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.
hmforex (2018-07-30), punjabpolice (2018-07-30)
The cross currency pair has violated the double bottom support level of 131.065. It was sort of a descending triangle pattern which was expected to violate on the lower side. So, we decided to open a forex trading signal to sell at 131.150 to target 130.850.
Support Resistance
131.56 131.92
131.46 132.02
131.28 132.2
Key Trading Level: 131.74
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.
jhoradpak (2018-07-31)
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.
hmforex (2018-07-30), jhoradpak (2018-07-31), punjabpolice (2018-07-30), sridevi (2018-07-30)
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