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Thread: Eur/Jpy

  1. #32809
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    EURJPY
    Market trend Bearish


    Resistance 119.77
    Resistance 118.69
    Resistance 118.03

    Supporting 117.51
    Supporting 116.83
    Supporting 116.29

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    EUR/JPY - currency Trade pair.
    Today forex signal - Buy
    Support 3 - Support 2 - Support 1.
    119.73 - 119.82 - 119.98
    Resistance 1 - Resistance 2 - Resistance 3.
    120.24 - 120.34 - 120.50
    Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
    Consider the daily economic news before taking the trade.

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    Eur/Jpy Analysis:

    Trend: Bullish
    Moving Average: Buy
    Pivot point --< 120.43

    S 1 --< 120.42

    S 2 --< 120.24

    S 3 --< 120.09

    R 1 --< 120.48

    R 2 --< 120.64

    R 3 --< 120.84

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    The EURJPY begins recording the negative targets

    The EURJPY pair confirmed its affection by the bearish bias domination by moving away from 121.40 resistance, to notice recording some negative targets by touching 119.92 level.



    Note that the moving average 55 forms new resistance by settling at 120.90 along with stochastic reach to the oversold areas increase the chances of gathering the additional negative momentum, allowing us to suggest targeting new negative levels that might start at 119.40 followed by 118.60 in the upcoming period.



    The expected trading range for today is between 120.90 and 119.40



    The expected trend for today: Bearish

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  9. #32805
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    EURJPY TODAY ANALYSIS

    MARKET TREND BULLISH

    Pivot Point 120.09


    S 1 >>>>> 119.78

    S 2 >>>>> 119.49

    S 3 >>>>> 119.09

    R 1 >>>>> 120.28

    R 2 >>>>> 120.58

    R 3 >>>>> 121.08

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    Weekly trending upwards - Lagging span above cloud - Future cloud bullish

    the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
    the market pattern could stay in this position and I expected help opposition levels.

    I recommend to take LONG position today

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    EUR/JPY continues to move on 105 after have reached the fibonacci retracement 23.60% as resistance at 105.80.
    Indicators are globaly bearish.
    We maintain to trade only short positions as far as 106 is resistance.
    The breakout of 104 will give a new sell signal and open the way towards 103.
    In case of return above 106, we will wait the breakout of 108 to advise long positions.

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    Analysis for 7rd October 2019

    EUR/JPY

    Support 1) 117.15
    Support 2) 116.92
    Support 3) 116.51

    Resistance 1) 117.55
    Resistance 2) 117.72
    Resistance 3) 118.13


    maine dekha ki aaj TREND NICHE gir raha hai isliye sell karna chahiye

    HARD SELL

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    Long term movement pivot, Resistance and support levels are as follows for today date.
    Current market price is at - 120.18
    This currency name - EUR/JPY
    Resistance and Target - 120.25
    Support and Stop Loss - 120.11
    Always follow Long time frame market trend.
    Signal is Sell.

    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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    Forex Forecast with price level
    EUR/JPY - pair in focus.
    Current Price - 120.17
    main support level - 120.09
    main resistance level - 120.26
    Pair likely to be in Sell today.

    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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