Eur/Jpy

[Hassinali]

EURJPY 45 Minutes chart below shows that the pair has ended the cycle from July 22 high in wave ((iv)) at 122.81 low. Up from wave ((iv)) low, the pair extended higher in wave (i), which ended at 123.87 high. The pullback in wave (ii) then ended at 122.98 low. The correction unfolded as a Flat Elliott Wave Structure. Afterwards, the pair resumed higher in wave (iii), which ended at 125.20 high. The subdivision of wave (iii) unfolded as a 5 waves impulsive Elliott Wave Structure. Wave (iv) pullback then ended at 123.96 low. Currently, wave (v) is in progress. It needs to break above wave (iii) high to confirm the next leg higher has already started. While above 122.81 low, the pair can still see a few more highs before ending a larger degree wave 1. Afterwards, it should pullback in wave 2 to correct cycle from June 22 low before the rally resumes again.

The recent rally in EURJPY has broken above June 5 high. The pair is now showing a bullish sequence against May 6 low. The 100-123.6% extension where the rally can potentially end is between 129.24-131.61 area. As long as June 22 low at 119.12 stays intact, expect the dips in 3,7 or 11 swings to find support for more upside in the near term targeting the equal leg area.

[A2020]

forex trading is tree of money.
ap forex trading say both zayada profit earn kr sakty hain laken ap ko us say pehly market ke study krne chayea takay ap ko kise kisam ka loss na ho.

[Malik1122]

Hello this is Zain..
I am here to give you my personal analysis about this thread / currency.. So be smart and safe.. Trade on your own risk😊😊
Resistance line > 0.8330
Support line > 0.8150

[Mr king]

My point of view and analysis of market is Buying trend


Indicators and Moving average market ke Up hony ka bata rahe hain

Resistance and Support points se bhi market Up hoti nazar a ri hai

Hamain Buy main trade lagani chahyie

Best Of Luck

[Lauren]

Today market trend: Bullish

Resistance and Support points are depend on market news

So before trading see indicators and then take a decision for trading

Always keep patience and get a huge profit in your trading

Come in forex trading and become a ßillionaire

[Hamad720]

Today this pair of Market trends & technical Analysis
TRENDING
1)Gator Osillator:SELL = (3)dEMARKER :SELL
2)Fractals :SELL = (4)Evelopes :SELL
Bollinger Band : SELL
Paraboloc SAR : SELL
The RSI is still on :SELL
StDev on SELL direction
4hour time frame also telling these condtional exprations.
Indicator shows market going DOWN and technical Analysis same thing
All technical and fandamantal follow the SELLing trends

Note:Always Follow the making experienced with others having great knowledge about trading

[Alex vector]

Dear i.forex members
On this Day i will predicted this pair have being bearish down direction
the price is break Resistance and Trend Line and it is moving down side with having the long signal from the parabolic SAR
the market trend could remain in this position and I expected support resistance levels
A dot below the candles that indicates a downtrend direction
in addition to that we can see a SELL signal on the MACD indicator
I suggest to take short terms position on SELL today

[Samranfaizan220]

As expected this pair remain glued above intra-day demand area as since Monday 3rd Aug the price remain traded at very tight range, this situation will be good to monitor as once we see an impulse then we can comfortably follow its direction. (initial trade plan attach... 0.6040 area is a strong support of 4hrs. Buying this pair by putting Stop Loss just below that area gives a good RRR. First target is at 0.62000, and have opportunity to go further upA break of this support may proof to be a good place to short this pair...

[Arshad170]

Today market analysis
You will earn more money if you will follow my views,because I have posted this after checking the previous routine of daily time frame of H1,H4 clearly. some traders use fundamental analysis, other use indicators or supports and residences , believe on your own strategy.
This is very risky investment. According to my limited knowledge the investors should wait and see the every aspects of the market. The investor checks the actual worth of the stock in the market.

[Intkhab]

Its always a pleasure to use zigzag and RSI indicators can someone guide about more? Want to pay more attention on it. It will be appriciated