Thread: Eur/Jpy
Any pullbacks below 110.00 continue to be very well supported by the previous multi-day resistance area from May 2010 through February 2011. Look for a fresh medium-term higher low to carve out around 110.00 (above 108.00) ahead of the next major upside extension back towards and eventually through the recent highs by 123.35. Ultimately, only a sustained break below 110.00 concerns.
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0307148 (2020-03-28), Abubakar 148 (2020-04-04), Hamzagoroo (2019-03-23), Mureedabbas (2019-03-14), Pk25 (2020-10-06), Tilla420 (2020-08-02)
the pair is trading under the level of 110.00 , any way if the pair succeeded in breaking 110.00 , it will continue in it's up movements heading to 110.40 and then 110.80
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.
Hamzagoroo (2019-03-23), Mureedabbas (2019-03-14), Pk25 (2020-10-06), Tilla420 (2020-08-21)
The EURJPY was indecisive on Friday, made a Doji on daily chart. My overall technical bias remains to the downside as long as price stays below the trend line resistance but the movement back above 109.45 earlier today in Asian session stops the strong intraday bearish bias for now
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0307148 (2020-03-27), Abubakar 148 (2020-04-03), Hamzagoroo (2019-03-23), Mureedabbas (2019-03-14), Pk25 (2020-10-06), Tilla420 (2020-08-21)
the pair has stated it's trading week above the level of 110.00 and that's mean that the up trend is expected this week and the pair might head to 109.40 and then 108.80
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 (2020-04-12), Hamzagoroo (2019-03-23), Mureedabbas (2019-03-14), Pk25 (2020-10-06), Tilla420 (2020-08-21)
Intraday trade:
If a M15 close above 109.52 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 109.25 sell only and do not buy. If price closes back above it again do nothing
The range 109.52 and 109.25 is neutral area, any trade done in between is personal decision and not part of this analysis
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 (2020-04-09), Hamzagoroo (2019-03-23), Mureedabbas (2019-03-14), Pk25 (2020-10-06), Tilla420 (2020-08-21)
current development suggests that rebound from 105.42 medium term bottom was merely a correction and has completed at 123.31 already.
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.
Hamzagoroo (2019-03-23), Mureedabbas (2019-03-14), Pk25 (2020-10-06), Tilla420 (2020-08-22)
EUR/JPY dipped to 108.01 last week before forming a temporary low there and recovered. The development affirmed the case that recent fall from 123.31 is still in progress
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 (2020-06-11), Hamzagoroo (2019-03-23), Mureedabbas (2019-03-14), Pk25 (2020-10-06), Tilla420 (2020-08-22)
the pair and as we can see from the chart has closed it's weekly candle above the level of 109.00 , so , that's mean the up trend is still standing and the pair is heading to 109.60 then 110.00
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 (2020-05-14), Hamzagoroo (2019-03-23), Mureedabbas (2019-03-14), Pk25 (2020-10-06), Sadi (2020-01-30), Tilla420 (2020-08-22)
Look for a fresh medium-term higher low to carve out around 110.00 (above 108.00) ahead of the next major upside extension back towards and eventually through the recent highs by 123.35.
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 (2020-05-11), Hamzagoroo (2019-03-23), Mureedabbas (2019-03-14), Pk25 (2020-10-06), Tilla420 (2020-08-22)
Any pullbacks below 110.00 continue to be very well supported by the previous multi-day resistance area from May 2010 through February 2011
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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