Eur/Jpy

[Shawan Kapoor]

Is hafte humne abhe dekha k market boht hi zada pressure mai chalrahi ha aur EUR/JPY pair 115 se wapsi 117 pay chali gaye to is waja se mujhe lagta ha k abhe acha mauka hoga selling pay jane ka magar entry achi karnie pare gi tab hi ja kar kuch faida hone ka chance ban sakta ha.

[TheFxTrader]

It gained the price of the pair negative torque strong trades yesterday due to falling stochastic again towards the saturation level sales and forcing him on the landing below the level of 118.73, which already supports the transmission of price to a new negative phase to expect targeted first to the level of 117.10 and then click on the following support stationed at 116.00.

[TheFxTrader]

The euro against the yen strong passively yesterday's trading to close to our main expected at 118.73, where trading bounced up after the price found strong support at 119.00, which could push the price to retest 120.65 areas before resuming the downward trend again.

In general, we continue tipping downward trend for the next period of steady price below 120.65, supported by the negative pressure offered by SMA 55, alongside Stochastic loses his intention rookie ****ually to support the expected drop, which extends its objectives to reach 116.45 after break of 118.73.

[wamahiga1]

I traded this some time back and incurred a huge loss, my indicators were positive and showed that I needed to sell because the curve was overbought, oh my, it kept moving up and finally everything was gone. From that time, I decided to trade without following my mentor, To be confident with my decisions and it has brought me this far and I haven't traded anything else except EUR/JPY

[TheFxTrader]

The euro against the yen strong passively yesterday's trading to close to our main expected at 118.73, where trading bounced up after the price found strong support at 119.00, which could push the price to retest 120.65 areas before resuming the downward trend again.

[TheFxTrader]

Conducted euro versus the yen to try to break the pivotal support at 120.75 but managed to finish yesterday's trading above it, which keeps the upside scenario based and effective in the coming period, pending targeting 123.15 and 124.50 levels mainly.

Stochastic provides positive signal supports expectations to rise, indicating that the breach of 122.45 will facilitate the task of the price to achieve the above objectives.

[TheFxTrader]

Conducted euro versus the yen to try to break the pivotal support at 120.75 but managed to finish yesterday's trading above it, which keeps the upside scenario based and effective in the coming period, pending targeting 123.15 and 124.50 levels mainly.

[TheFxTrader]

The pair made some negative trading yesterday, to be able to gain positive momentum on the timeframes intraday basis, and therefore, we are waiting for a breakthrough SMA 55 which forms a barrier important resistance at 122.55, where the rush of price key represents a breakthrough towards 123.15 and 124.50 in the near term.

[m.magdy]

The price of the EURJPY are moving below the Ichimoku Cloud and the orange color at the moment then it's safe to consider that we are may be going towards a long term direction of bearish and go straight for the next support area aprroximate at 123.55 prices.
Within the main direction there are a bullish cross occurs between the indicator's lines of Tenken Sen and Kijun sen which you can monitor that the green tenken sen goes above the line of kijun sen which we can use as a signal for a week direction as the cross comes against the main trend.
123.55 In this case the support zone located near 123.65 have a high chance to be hit before the main target of 123.55 arrived.

[m.magdy]

The prices shown on the EURJPY persist moving below the Ichimoku Cloud that have shows the orange color to tell about a probably of good chance for the longer trend to be bearish and thinking about hiting the next support levels which assumes to be sets at 123.5 prices.
You can also mention the bullish cross occurs between the indicator's lines of Tenken Sen and Kijun sen which you can monitor that the green tenken sen goes above the line of kijun sen which we can use as a signal for a week move because it?s direction goes against the main trend.
123.5 At this condition the support line founded at 123.65 have a high chance to be hit before the main target of 123.5 accomplished successfuly.