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Thread: Eur/Jpy

  1. #34179
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    EUR/JPY - This is the forex quote for the Euro vs. Japanese Yen exchange rate. EUR (the 'base currency') is quoted in terms of JPY (the 'counter currency'). The Yen is a historically low-yielding currency, making an attractive vehicle to fund carry trades (where traders borrow cheaply in JPY to buy higher-yielding currencies, including EUR. Investors tend to favor carry trades at times of optimism about global economic performance and stability; they shun them at times of market stress. This makes EUR/JPY sensitive to swings in broad-based market sentiment trends. The pair may likewise find volatility in news-flow related to the Eurozone debt crisis as well the extraordinary anti-deflation policy efforts from the Bank of Japan introduced in 2013.

    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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    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 japan

    Market sentiment is defined by investors’ attitude towards the financial market or a particular se- curity. What people feel and how this makes them behave in Forex market is the concept behind market sentiment.
    The importance of understanding the opinions of a group of people on a specific topic cannot be underestimated. For each purpose sentiment analysis can offer insight that is valuable and helps to make right decisions.
    All traders have their own opinions about the market movement, and their thoughts and opinions which are directly reflected in their transactions help to form the overall sentiment of the market.
    The market by itself is a very complex network made up of a number of individuals whose positions actually represent the sentiment of the market. However, you alone cannot make the market move to your favor; as a trader you have your opinion and expectations from the market but if you think that Euro will go up, and others do not think so, you cannot do anything about it

    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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  6. #34176
    Trusted Member Naeem88 has a reputation beyond repute Naeem88 has a reputation beyond repute Naeem88 has a reputation beyond repute Naeem88 has a reputation beyond repute Naeem88 has a reputation beyond repute Naeem88 has a reputation beyond repute Naeem88 has a reputation beyond repute Naeem88 has a reputation beyond repute Naeem88 has a reputation beyond repute Naeem88 has a reputation beyond repute Naeem88 has a reputation beyond repute Naeem88's Avatar
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    I anticipate this pair EUR JPY have bullish course
    .
    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.

    time allotment that is considered while making backing and opposition levels – Day by day and Week by week time allotment, think about the day by day monetary news before taking the exchange.

    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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  8. #34175
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    EUR/JPY it looks like a bullish candle has formed, and that indicates that the market will be cool again, so an open buy has more opportunity for profit,
    being aware of today's movements will make our accounts safer, do not forget to use stop loss for the security of our account, hopefully our trades can profit according to what we expect,
    we must always try to be better so that our trading results can be better and get consistent profit....

    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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    Eur/Jpy

    Forex is a short-term trading market, where a trader aims to derive the profit from the price rate fluctuations. The maximum duration of a trade on Forex is several months, while on the stock market it may last for maximum 5-7 years. The foreign exchange market is decentralized. Various banks trade on it using different software. Most individuals simply cannot enter the interbank Forex market, as the standard trade volume here varies from $100,000 to $1 million. A dealing centre acts as an intermediary between the bank and the trader.

    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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  12. #34173
    Senior Member Shahzad apl has a reputation beyond repute Shahzad apl has a reputation beyond repute Shahzad apl has a reputation beyond repute Shahzad apl has a reputation beyond repute Shahzad apl has a reputation beyond repute Shahzad apl has a reputation beyond repute Shahzad apl has a reputation beyond repute Shahzad apl has a reputation beyond repute Shahzad apl has a reputation beyond repute Shahzad apl has a reputation beyond repute Shahzad apl has a reputation beyond repute Shahzad apl's Avatar
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    EURJPY reversed off its resistance at 119.282 where it could potentially drop further to 118.577. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

    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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  14. #34172
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    eur japan

    a security price meanwhile moves through multiple time frames it’s very useful for traders to analyze various time frames while determining the “trading circle” of the security. Through the Mul- tiple Time Frame Analysis (MTFA) you can determine the trend both on smaller and bigger scales and identify the overall market trend. The whole process of MTFA starts with the exact identification of the market direction on higher time frames (long, short or intermediary) and analyzing it through lower time frames starting from a 5-minute chart.
    Experienced trader Corey Rosenbloom believes that in multiple time frame analysis, monthly, weekly and daily charts should be used to assess when the trends are moving in the same direction. However, this may cause problems because time frames don’t always align and different kind of trends take place on different time frames. According to him, the analysis of lower time frames gives more information

    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.


  15. #34171
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    Eur/Jpy

    Resistance Level (R3): 119.421
    Resistance Level (R2): 119.308
    Resistance Level (R1): 119.109
    Pivot Point: 118.996
    Support Level (S1): 118.797
    Support Level (S2): 118.684
    Support Level (S3): 118.485

    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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  17. #34170
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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

    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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