SubscribeForex Forecast with price level.
EUR/JPY - pair in focus
Current Price - 130.45
main support level - 129.60 129.83
main resistance level - 130.84 131.07
Pair likely to be in Buy today.
Thread: Eur/Jpy
Forex Forecast with price level.
EUR/JPY - pair in focus
Current Price - 130.45
main support level - 129.60 129.83
main resistance level - 130.84 131.07
Pair likely to be in Buy today.
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.
Intelligent (2018-07-13), MotuPatlu (2018-07-13), rehanayaz (2018-07-12), Ticky (2018-07-13)
Upside bias in the cross remains intact having made a break above the trendline resistance from the 2018 high. Following the break, eyes are now on the double top posted in May at 131.40, before a grind towards the 132 handle. The 100DMA situated at 130.10 now acts as support for the cross, while RSI indicators suggest that there is more room for further gains with the index not yet moved into overbought territory.
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Unregistered (1), yulbang111 (2018-07-14)
EUR/JPY
Date - 11 July, 2018.
Today signal - Buy
Support 3 - Support 2 - Support 1
128.94 129.45 129.73
Resistance 1 - Resistance 2 - Resistance 3
130.52 131.03 131.31
Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
Consider the daily economic news before taking the trade.
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.
eur jpy entry point
sell---------sell--------sell
current point 130.117
chart day1
take profit 128.50
stoploss 131.41
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.
Intelligent (2018-07-11), yulbang111 (2018-07-12)
EUR/JPY – Fundamental Review
The German Trade Balance figure rose from 19B to 20.3B which is a sign of economic recovery. In fact, it’s strong enough to encourage investors to hold their long-term positions in the single currency Euro.
He is due to testify about the economy, monetary policy, and virtual currencies before the European Parliament Economic and Monetary Affairs Committee. Let’s see if he has anything to discuss regarding the ongoing trade war and recent tariff discussion on German Automotive industry.
EUR/JPY – EMA Bullish Crossover & Triple Top
On the 2-hour chart, the EUR/JPY has a bullish crossover on 50-periods EMA and the same level (129) is now extending a significant support to the Japanese cross.
On the upper side, there’s a triple top pattern which is providing a strong resistance near 130.250. The RSI and Stochastics are in the overbought zone on the 2-hour timeframe, but we still have enough room for buying them in bigger timeframes like daily and weekly. Here’s a quick summary of support and resistance levels.
Support Resistance
129.66 129.86
129.55 129.95
129.46 130.06
Key Trading Level: 129.75
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Spoiler:
EurJpy bullish trend can continue today, now current price at 130.20 and strong support at level 130.00 in hourly time frame. there is possible chance EurJpy price will move to up side. then next high price is 130.70
I suggest to entry buy with stoploss at 129.85 and take profit at 130.70
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billyboy00007 (2018-07-16), danish555 (2018-07-18), lal765 (2018-07-11), Rajmano768 (2018-07-11), sarfraz786 (2018-07-18), sridevi (2018-07-11)
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
white marbels already emerged.
I try just one position at 115.00, it looks like prices will fall at that point.
good luck...
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Forex Forecast with price level.
EUR/JPY - pair in focus
Current Price - 130.34
main support level - 129.65 129.91
main resistance level - 130.51 130.77
Pair likely to be in Buy today.
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.
Intelligent (2018-07-11), MotuPatlu (2018-07-13), Rajmano768 (2018-07-11), Ticky (2018-07-13)
EUR/JPY
Date - 10 July, 2018.
Today signal - Buy
Support 3 - Support 2 - Support 1
129.04 129.29 129.78
Resistance 1 - Resistance 2 - Resistance 3
130.52 130.77 131.26
Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
Consider the daily economic news before taking the trade.
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.
EUR/JPY STRONG RESISTANCE AREA TO SELLING AT THE POINT OF R3: 130.35 , AND STOP LOSSES A IN THE POSITION ARE 130.69 . Thus the price action hedge closes @ 130.56 so i performs to make a sell at the level of 130.35 . And i looking for a huge take profit if the levels works to fall over longer . so we kindly look out those trade and say down down
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