we can see that the pair has closed it's daily candle above 110.00 . so , that's means that up trend is expected and the pair might head to 110.50 and then 110.80 ,but also the hourly correction is expected before continue in the up trend
we can see that the pair has closed it's daily candle above 110.00 . so , that's means that up trend is expected and the pair might head to 110.50 and then 110.80 ,but also the hourly correction is expected before continue in the up trend
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Mureedabbas (2019-03-14)
the pair and as we can see from the chart is trading now above the level of 110.00 , so when ever the pair success in breaking 110.00 , that's mean the down trend will be assured and the pair might head to 109.70 and then 109.40
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Mureedabbas (2019-03-14)
A swing projection targets a resistance zone starting with he 61.8% retracement level at 111.80 to a pivot at 112.30.
IF the market breaks above 112.50, then we can talk about a bullish reversal in the medium-term
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Mureedabbas (2019-03-14)
EUR/JPY is back at session lows near 109.40. I’m still hanging onto a small long GBP/JPY trade from earlier but I also have little desire to run much risk and I’ll get out as well if it breaks below 125.90.
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Abubakar 148 (2020-09-05), Mureedabbas (2019-03-14)
If a M15 close above 110.61 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 110.37 sell only and do not buy. If price closes back above it again do nothing
The range 110.61 and 110.37 is neutral area, any trade done in between is personal decision and not part of this analysis
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Mureedabbas (2019-03-14)
the chart is showing that the pair has closed it's daily daily under the level of 110.00 , and that's mean that the down trend is still standing and the pair might reach 109.50 and then 109.20
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Abubakar 148 (2020-08-24), Mureedabbas (2019-03-14)
URJPY was had some volatile trading yesterday but managed to close below open. Long term bias is bearish as long as price stays below 113.45 and bear trend line, and medium term is also bearish as long as H4 price stays below 110.62
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0307148 (2020-04-04), Abubakar 148 (2020-06-22), Mureedabbas (2019-03-14)
the pair and as we can see from the chart is trading now above the level of 110.00 , so when ever the pair success in breaking 110.00 , that's mean the down trend will be assured and the pair might head to 109.70 and then 109.30
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Abubakar 148 (2020-04-13), Mureedabbas (2019-03-14)
If the market fails to push above 110.05, and falls below 109.50, we can be looking for a slide towards the lows near 108.30. Then a break below this opens up the 2010 and 2011 lows, 106.29 and 105.42 respectively
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Abubakar 148 (2020-08-22), Mureedabbas (2019-03-14)
there is a possibility of a short term pull-back to support at perhaps 110.25 before the next thrust higher. If it reaches the upper line in the 113s it will encounter a formidable ensemble of resistance including moving averages and other support and resistance levels
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.
Abubakar 148 (2020-04-15), Mureedabbas (2019-03-14)
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