Couple today demonstrated a strong fall, a few hours before the course again broke through the level of short-term 101.05 (figure), and strengthened its position below the 200 moving average, I'm still waiting for compensation for the sale.
Thread: Eur/Jpy
Couple today demonstrated a strong fall, a few hours before the course again broke through the level of short-term 101.05 (figure), and strengthened its position below the 200 moving average, I'm still waiting for compensation for the sale.
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SUPPORT AND RESISTANCE LEVEL FOR TODAY
Pivot Point is 123.29
Support 1 122.82
Support 2 122.19
Support 3 121.72
TREND: NETURAL
Resistance 1 123.91
Resistance 2 124.39
Resistance 3 125.01
Trade at your own risk
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eur/jpy
Crunt price of this pair is . . 123.38
Position is . . . . . . . . . buy
Resistance level
1 . . . . . . 123.45
2 . . . . . . . 123.65
3 . . . . . . . 123.90
Support level.
1 . . . . . . 123.25
2 . . . . . . 122.90
3 . . . . . . .122.85
Here you can see the pair’s interactive live price chart, learn about its history, and discover the factors that can influence the eur jpy...
If we want profit then we should take a risk.
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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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Farmansali (2019-05-22), omergul (2019-05-22), saddam092 (2019-06-20), SDK (2019-05-22)
EURJPY, Buy on H1. - Continuous upward
1. Resistance is. 123.45
2. Resistance is. 123.60
3. Resistance is. 123.75
1. Supporting is. 123.10
2. Supporting is. 123.00
3. Supporting is. 122.91
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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
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The Support and Resistance levels for this pair would be:
Support 1: 123.21
Support 2: 123.16
Support 3: 123.03
Resistance 1: 123.27
Resistance 2: 123.40
Resistance 3: 123.53
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omergul (2019-05-22), QamarXulqi (2019-05-22), Rahim217 (2019-05-22), saddam092 (2019-06-20), SDK (2019-05-22)
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).
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.
omergul (2019-05-22), QamarXulqi (2019-05-22), Rahim217 (2019-05-22), saddam092 (2019-06-20), SDK (2019-05-22)
Eur/Jpy Today's Technical Analysis
According to Hour four candle, the market of this pair is still Bearish. SELL entry will be perfect for today at 123.20 level.
The Support and Resistance levels for this pair would be:
Support 1: 123.21
Support 2: 123.16
Support 3: 123.03
Resistance 1: 123.27
Resistance 2: 123.40
Resistance 3: 123.53
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My Analysis
EURJPY
Market Trend
Bullish
PIVOT 123.24
S 1 122.75
S 2 122.18
S 3 121.69
R 1 123.81
R 2 124.30
R 3 124.87
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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