Thread: Eur/Jpy
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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eurjpy pair just bounced from its support 114..
i think now its time for this pair to go up..it can be bought from here till 117..
thsi pair is not showing too much move..but for now its signals are suggesting for this much only
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Eur/Jpy
Resistance level
1.Resistance level 1.3565
2.Resistance level 1.3423
3.Resistance level 1.3368
Supporting level
1.Supporting level 1.3284
2.Supporting level 1.3222
3.Supporting level 1.3147
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Irfan4500 (2019-12-18)
eurjpy pair just bounced from its support 114..
i think now its time for this pair to go up..it can be bought from here till 117..
thsi pair is not showing too much move..but for now its signals are suggesting for this much only
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.
Iqra Noor (2019-11-24), Irfan4500 (2019-12-18), Sarfrazsagar (2019-11-24)
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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EURJPY Trend is SELL
1 Resistance is: 120.22
2 Resistance is: 119.99
3 Resistance is: 119.67
1 Supporting is: 119.43
2 Supporting is: 119.31
3 Supporting is: 119.12
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.
IPL (2019-11-23), Iqra Noor (2019-11-24), Irfan4500 (2019-12-18), Sarfrazsagar (2019-11-24), SDK (2019-11-23)
Eurjpy
euro / japanese yen
119.698
jpy
−0.410 (−0.34%)
market closed (nov 22 16:59 utc-5)
120.108
prev
120.108
open
273.191k
volume
119.662 — 120.490
day's range
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.
IPL (2019-11-23), Iqra Noor (2019-11-24), Irfan4500 (2019-12-18), Sarfrazsagar (2019-11-24), SDK (2019-11-23)
Dear i.forex members Good evening
EUR.JPY
On this Day i will predicted this pair have being bearish down direction.
the price is break Resistance and Trend Line and it is moving down side with having the long signal from the parabolic SAR.
the market trend could remain in this position and I expected support resistance levels.
A dot below the candles that indicates a downtrend direction
in addition to that we can see a SELL signal on the MACD indicator.
I suggest to take short terms position on SELL today.
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Today this pair of Market trends & technical Analysis justified for me.
TRENDING
1)Gator Osillator:BUY = (3)dEMARKER :BUY
2)Fractals :BUY = (4)Evelopes :BUY
EUR/JPY
Paraboloc SAR : BUY
The RSI is still on :BUY
StDev on BUY direction.
4hour time frame also telling these condtional exprations.
Indicator shows market going UP and technical Analysis same thing.
All technical and fandamantal follow the BUYing trends.
Note:Always Follow the making experienced with others having great knowledge about trading.
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Resistance and Support points also given has signal of market down
now it is at support 1 level and it will again movie upwardward for a while,but after touching its low point,
it will move downward so the bid about sell will be in favor of traders at this time.
time frame that is considered while making support and resistance levels – use Daily and Weekly time frame,
consider the daily economic news before taking the trade.
my observations are by the method of technical analysis I have seen the pairs Trend is Sell and
indicators that I use are the Bollinger Bands and fibbo.
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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