EURJPY Is Further Bullish | Free Forex Signals | EURJPY Chart Today

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Today's Report Is  On EUR/JPY Signals.

SUMMARY:

The primary trend of EURJPY is bearish on charts and from past few trading sessions prices are not sustaining at lower levels & consolidating near the important level of 127.85. In its hourly chart, prices are consolidating with strong positive bias to give break out at upside. It is also taking support of 30 DMA. If the pair breaks the resistance level of 127.85 at upside then we can expect it to test its 200 DMA and come till the levels of 128.35/128.65. 

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EURJPY ( Hourly )

EURJPY CHART TODAY

INDICATORS:-

RSI is sustaining in buying territory supporting the upcoming bullish trend in the pair. 
MACD line is also sustaining above the zero line indicating the bullish trend in the pair.

STRATEGY:- 

EURJPY has bounced back from the lower level & looking bullish on charts for next few session. One can go for buy on dips strategy for this pair for intra day to mid term positions.

PIVOT POINTS :

	S3	S2	S1	PIVOT	R1	R2	R3
EUR/USD	1.0472	1.0521	1.0604	1.0653	1.0736	1.0785	1.0868
GBP/USD	1.4583	1.4641	1.4741	1.4799	1.4899	1.4957	1.5057
USD/JPY	117.68	118.22	118.68	119.22	119.68	120.22	120.68
USD/CHF	0.9458	0.9545	0.9596	0.9683	0.9734	0.9821	0.9872
AUD/USD	0.7466	0.7517	0.7599	0.7650	0.7732	0.7783	0.7865
EUR/GBP	0.7111	0.7137	0.7168	0.7194	0.7225	0.7251	0.7282
USD/CAD	1.1894	1.2086	1.2187	1.2379	1.2480	1.2672	1.2773
NZD/USD	0.7375	0.7430	0.7511	0.7566	0.7647	0.7702	0.7783

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