but ej will go down 1st to 124 i think today, to take out as many buyers as possible at area or 124.75 and above.
Thread: Eur/Jpy
but ej will go down 1st to 124 i think today, to take out as many buyers as possible at area or 124.75 and above.
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148 (2019-01-25), gale (2019-01-25), Hanif484 (2019-01-24), PAK786 (2019-01-24), Tanveer333 (2019-01-24)
after slowly slipping from 125 to 124.4, suddenly shoot up to 124.8, i tot it was going to shoot above 125, still placing buys.
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curret rate of this pair on forex:124.701
I observe this pair carefully and now I suggust that eur/jpy is in selling trend, and profittable points will be as under
sell at :124.720
tp at :124.650
sl at :124.850
good luck
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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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:Eur/Jpy
--- Trading opinion for the best profitable trade: Open sell ---
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. Best of luck
Resistance level of this pair is:
1# Resistance is: 124.87
2# Resistance is: 125.05
3# Resistance is: 125.33
Supporting level of this pair is :
1# Supporting is: 124.31
2# Supporting is: 124.13
3# Supporting is: 123.85
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Today's analysis:-
Pair:- Eur jpy
As per analysis, Bullish trend seems to be there in market and the price will rise up.
I recommend Buy signal on it.
Support Levels:-
Support1: 123.10
Support2: 119.03
Support3: 115.50
Resistance Levels:-
Resistance1: 127.50
Resistance2: 126.63
Resistance3: 125.50
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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 is showing bearish trend and it will go down the day
Signal:- Sell
Support and resistance levels:-
S3 123.59
S2 124.14
S1 124.45
R1 125
R2 125.25
R3 125.8
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EURJPY Today Analysis
PIVOT POINT 124.61
Support 1 124.29
Support 2 123.87
Support 3 123.56
Resistance 1 125.03
Resistance 2 125.34
Resistance 3 125.76
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Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 124.63
This currency name - EUR/JPY
Resistance and Target - 125.32
Support and Stop Loss - 123.94
Always follow Long time frame market trend.
Signal is Sell.
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