Today pair is trading almost without change, the H4 time frame clearly visible in the uplink which is now in EUR / JPY, the course is slowly coming to the lower boundary of the channel from it I think will be a retreat to the north.
Today pair is trading almost without change, the H4 time frame clearly visible in the uplink which is now in EUR / JPY, the course is slowly coming to the lower boundary of the channel from it I think will be a retreat to the north.
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The pair remains on a upside momentum and its current rebound from 95.64 is said to continue till 103.27 and 104.59 extended. Though, a break of 98.50 could put the pair in neutral zone. Other than that, further rise in expected.
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Already a couple of seemingly managed to not only break through entrenched and well above the resistance level of 100.80 as a couple again went below that level, I am now focused on selling, not yet want to wait until the price will be able to break through the 200 moving, and then we can sell.
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EURJPY At this moment this pair is trading at 100. 95/97 (-0.11%), looking at Average Exponential Indicator (ADX) we have a Neutral trend direction. If we look at Commodity Channel Index (CCI) it is at -88.082, giving us the advice that we should look for a Sell Situation. This in conjunction with the the Moving Average Convergence Divergence (MACD) at -0.0028, telling us that we should be in a Neutral trend. This data help us to make a decision on the direction of price for this pair.
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The intraday bias of the pair remains on the upside. The current rebound from 95.64 continues to be active and aims for 103.27 in the near time. On the downside, a break of 98.53 is needed to confirm a bearish resumption.
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hard it is to grow a pair, though a couple of villages to get above the resistance, but the prices do not fly away to heaven, but on the contrary ... the histogram divergence is visible, so it can once again return to the previous corridor ..
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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.
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.
up trend now. we can see at 101.69 for long on h1 chart. if it reverse then may down 30-40 pips. so we can see at 100.75 for short on h1 chart.........
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EUR / JPY pair was able to make today a new weekly maximum rate is now slightly moved to the south and I bought the pair is trading above the Ichimoku cloud, and on top it does not have any significant obstacles to further growth to the north.
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