Thread: Eur/Jpy
============= TODAY'S TECHNICAL LEVEL OF EUR-JPY ============
@@@@@ Resistance. 1: 130.50. @@@@@ Support. 1: 128.00.
@@@@@ Resistance. 2: 131.00. @@@@@ Support. 2: 127.00.
@@@@@ Resistance. 3: 131.50. @@@@@ Support. 3: 126.00.
============EUR-JPY MARKET OVER ALL TREND SELL ==============
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The pair has broke the downtrend channel. Now testing the trend line and finding a good support.
Possible support : 115.12
Possible support 2: 114.90
I'll wait for a few hours to draw a trend line
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tis pair is now in a very strong uptrend and it has broken the barrier and the next possible thing for it is to move higher because the trend is up but before that will happen traders should look for any possible rotation downward a little to test the broken line and that will act as immediate support for it to move higher.
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We can see clearly that the price is in downtrend because the price is below the Ichimoku Kumo Cloud and EMA 200. So, I think it will increase slightly to the Ichimoku Kumo Cloud and then it will decrease strongly.
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EUR...JPY
techncal analysis eur/jpy
this is a sensitive price rate.
the price eur/jpy buying point is 128.75 and the selling point 128.69
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Technical analysis of eur/jpy is strong bearish tend today.......
1. Resistance level.......128.79
2. Resistance level.......129.06
3. Resistance level.......129.29
1. Supporting level; 128.28
2. Supporting level; 128.05
3. Supporting level; 127.77
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batool (2018-11-28)
by taking a look on the chart which showing that the pair has closed it's weekly candle under the level of 106.00 , and that's mean that the down trend is still standing and the pair might reach the level of 105.00 this night and maybe before starting of the europe session current price of this pair is 104.94. i think its better to take short position for this pair.bcz 20 ema cross the 50 ema and price is below 20 ema also.the economic condition of jpy is more stronger than euro the chart and as we can see on it is showing the pair has succeeded in starting it's weekly candle above level 106.00 , and that's mean the up trend is still standing and the pair might head to the level of 107.20
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EUR/JPY technical analysis of the market
the market have bullish trend and could continue today
the market have buy position
Resistance levels
R1 128.69
R2 129.00
R3 129.18
Support levels
S1 128.20
S2 128.02
S3 127.71
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Chemistry (2018-12-04)
this pair is going to form inverted hammer in H4 we may see more down after that candle formation
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Technical analysis of the EUR/JPY
Today Trend is : BEARISH
Today Resistance level is:
1> Resistance level is: 128.80
2> Resistance level is: 129.20
3> Resistance level is: 129.85
Today supporting level is:
1> Supporting level is : 128.10
2> Supporting level is : 127.85
3> Supporting level is : 126.95
Take profit is : 127.20
Stop loss is : 129.75
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