Eur/Jpy

JPY Pairs still shocked and have no definite direction or weak downtrend with a low range fluctuated movement.
today EUR/JPY moved from the P.P 120.40 till S1 119.93 . good trd

If a M15 close above 105 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 103 sell only and do not buy. If price closes back above it again do nothing

The range 105 and 103 is neutral area, any trade done in between is personal decision and not part of this analysisv

If a M15 close above 105 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 103 sell only and do not buy. If price closes back above it again do nothing

The range 105 and 103 is neutral area, any trade done in between is personal decision and not part of this analysis

If a M15 close above 104 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 103 sell only and do not buy. If price closes back above it again do nothing

The range 104 and 103 is neutral area, any trade done in between is personal decision and not part of this analysis

If a M15 close above 105 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 100 sell only and do not buy. If price closes back above it again do nothing

The range 105 and 100 is neutral area, any trade done in between is personal decision and not part of this analysis

If a M15 close above 105 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 103 sell only and do not buy. If price closes back above it again do nothing

The range 105 and 103 is neutral area, any trade done in between is personal decision and not part of this analysis

the pair now between two trend lines (Down + Up)
any H4 candle close above / below these trend lines
we will see up / down movements till 107.80 in case of up movements
and 102.53 in case of down movements

The latest break back below the daily Ichimoku cloud delays any hopes for a meaningful recovery on the cross and opens the door for a more significant decline back down towards critical support by the recently established multi-year lows at 100.75. At this point, a break and close back above 105.50 would be required to negate bearish outlook and relieve immediate downside pressures.

Candle is above Moving Average period 20 in 30 Minutes chart so I think it’s still standing for uptrend. First target must be at 103.35 and second target at 103.50 for next time. Place your stop loss 40 points from your open position and set tp 70 pips.

If a M15 close above 105 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 103 sell only and do not buy. If price closes back above it again do nothing

The range 105 and 103 is neutral area, any trade done in between is personal decision and not part of this analysis