Daily analysis about trend is buy
Resistance and Supporting level is :
1> Resistance is : 123.6788
2>Resistance is : 123.6801
3>Resistance is: 123.6814
1> Supporting is : 123.6762
2>Supporting is: 123.6750
3>Supporting is: 123.6737
Daily analysis about trend is buy
Resistance and Supporting level is :
1> Resistance is : 123.6788
2>Resistance is : 123.6801
3>Resistance is: 123.6814
1> Supporting is : 123.6762
2>Supporting is: 123.6750
3>Supporting is: 123.6737
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kashiustad (2019-01-06), NOOR151 (2019-01-07), ShahzaibQais (2019-01-09)
this is my analysis for EURJPY pair , hopefully it will be good & understandable and help you to earn good profit in trading.
simple moving average chart for this pair seen as an indicator as smoothly up movement, so it is possible that the breakout of the resistance level at 123.90 and the pair will continue to go up to the next resistance level at 124.15
in my personal view this pair will be continue bullish trend, for intraday trading today I suggest BUY at the level 123.85 , stop loss at the level 123.50 target take profit at the level 124.30
if market movement as my scenario, you can earn good profit and avoid much loss in your 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.
danish555 (2019-01-07), ismar (2019-01-06), kashiustad (2019-01-06), m148 (2019-01-06), ShahzaibQais (2019-01-09), siqidir (2019-01-06), yulbang111 (2019-01-06), yuyul (2019-01-06)
Technical analysis for this pairs
eur/jpy analysis for 6.01.2019
( EUR/JPY ) price sell (minimum) is 128.58
or buy (maximum) 128.66
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danish555 (2019-01-07), dunya (2019-01-06), kashiustad (2019-01-06), NOOR151 (2019-01-07), ShahzaibQais (2019-01-09)
Todays eur/jpy Resistance & Support./
Resistance
1-Resistance 128.57
2-Resistance 128.61
3-Resistance 128.78
Support
1-Support 128.41
2-Support 128.38
3-Support 128.25
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EurJpy technical analysis by using : Auto pivot indicator.
resistent level 1 - 124.95
resistent level 2 - 124.58
resistent level 3 - 124.24
pivot poit - 123.87
support level 1 - 123.53
support level 2 - 123.16
support level 3 - 122.82
Parabolic SAR indicator there a dot below the candles that indicates a upward direction in addition to that we can see a BUY signal on the MACD indicator that is moving above the level 0 beside that the CCI line is located at the higher level to perform a upward signal
on the chart of the this pair there is a main up trend signal as the 2 EMA 5 and 6 are moving above the slow EMA of 35 and if other indicators confirm a bullish direction then I will go for “BUY” positions.
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My dear the technical analysis of this pairs and the trend of this pairs Eur/Jpy is bullish.
The resistance and supporting level of this pairs is very successive now.
The resistance and supporting level of this pairs Eur/Jpy is as under.
The resistance level.
First. Resistance level is=124.15
Second. Resistance level is=124.68
Third. Resistance level is=125.52
The supporting level.
First.. Supporting level is=122.77
Second. Supporting level is=121.92
Third. Supporting level is=121.40
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With 112.34 minor resistance intact, further decline is still in favor in EUR/JPY for 108/70 support first. Break will confirm resumption of whole fall from 123.31 and should target 105.42/106.28 support zone first. On the upside,
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EUR/JPY market technical over view
according to market technical analysis the market have up trend
the market trend is in buy position
expected resistance and support levels
1- Resistance level----------123.80
2- Resistance level----------123.92
3- Resistance level----------124.02
1- Support level-------------123.47
2- Support level-------------123.36
3- Support level-------------123.26
I try to make analysis for eurjpy pair today.
I see this pair still in strong bullish movement . If this pair can break the 123.91 resistance level, I predict this pair will go up to the next resistance level at 124.39 But if this pair go down and break 123.40 support level, I predict this pair will make some correction to the next support level at around 122.88
Buy signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Buy with stoploss at 123.54 and take profit at 124.41
my advice ..don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
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.
Daily overview for EurJpy
The price is finding the first support at 123.42 and the next support is at 123.23 The price is finding the first resistance at 123.87 and the next resistance is at 124.09
--- Trading recommendations for trading : Open Buy ---
I predict price will be continued flying today. The first target is the level 124.01 After fixing below the first target, then price will go to the level of 124.27 will become the next one.
we need looking fundamental news to get clear signal, don’t be overconfidence in our trading. this market is very dangerous for us. Keep apply our trading rules.
Standart Support – Resistance :
Resistent1 : 123.87
Resistent2 : 124.09
Resistent3 : 124.26
Support 1 : 123.42
Support 2 : 123.23
Support 3 : 123.38
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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