The trading rang for today is among the major support @ 116 ad the key of resistance @ 117.80 .
The general over short term basis is to the upside targeting 117.80 as far as area of 118.50 .
Thread: Eur/Jpy
The trading rang for today is among the major support @ 116 ad the key of resistance @ 117.80 .
The general over short term basis is to the upside targeting 117.80 as far as area of 118.50 .
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If EUR/JPY continues its advance into higher levels, it may encounter resistance at 117.80 (May 31 high), 118.50 (April 26 low) and 119.20 (May 3 low). To the downside, support levels lie at 117.16 (May 20 high), 116.90 (May 11 high), and 116.37 (May 26 high).
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Now, eurjpy moving around weekly pivot level (101.51) after down from highest price ago. price had broke hma 32 and 860 and both of hma shown red colour so it esimated price will down ,but hma 192 still in green colour that indicates trend for medium trend is up. Price possibility bounch up following medium term trend, it strenghthened again by signal stochastic tf d1 that move up and tf h1 has been in oversold area.
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EUR/JPY market technical analysis
-current price of the pair is 129.01
- market have bullish trend and in buy position
- resistance and support levels
Resistance levels
R1 129.25
R2 129.49
R3 129.88
Pivot point 128.80
Support levels
S1 128.48
S2 128.24
S3 127.85
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Look for a fresh medium-term higher low to carve out around 110.00 (above 108.00) ahead of the next major upside extension back towards and eventually through the recent highs by 123.35.
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ba33 (2018-11-30), gale (2018-12-01), SA148P (2018-11-30), SA153P (2018-11-30), Shahzada148p (2018-11-29), Unregistered (1)
Resistance and supporting level today is:
Resistance level first: 129.44
Resistance level 2nd : 129.82
Resistance level 3rd: 130.27
Supporting level first: 128.44
Supporting level 2nd: 127.76
Supporting level 3rd:127.39
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Eur/Jpy in sell trend today and i give you Eur/Jpy price movement prices.
Eur/Jpy today support aor resistance level details.
See the prices of Eur/Jpy give below ------------------------
Resistance levels: R1: $.128.20 R2: $128.50 R3: $128.80.
Support levels: S1: $126.50 S2: $126.20 S3: $125.90.
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.
ah15 (2018-11-29), ba33 (2018-11-30), FM2127 (2018-11-29), gale (2018-11-29), isha (2018-11-30), kekbad (2018-11-30), Shahzada148p (2018-11-29), Unregistered (1), Younas007 (2018-11-29), zulfiqar5564 (2018-11-29)
Any pullbacks below 110.00 continue to be very well supported by the previous multi-day resistance area from May 2010 through February 2011. Look for a fresh medium-term higher low to carve out around 110.00 (above 108.00) ahead of the next major upside extension back towards and eventually through the recent highs by 123.35. Ultimately, only a sustained break below 110.00 concerns.
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The EURJPY was indecisive on Friday, made a Doji on daily chart. My overall technical bias remains to the downside as long as price stays below the trend line resistance but the movement back above 109.45 earlier today in Asian session stops the strong intraday bearish bias for now
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Eur/Jpy today trend is bullish
Today Resistance and Supporting level is:
Resistance 1:129.55
Resistance 2:129.92
Resistance 3:130.58
Supporting 1:128.53
Supporting 2:127.88
Supporting 3:127.51
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.
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