Trading suggestion: . There is a possibility of temporary retracement to suggested support line (119.80). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURJPY is in a downtrend and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The...
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Sell EURJPY TP 250 pips SL 75 Pips
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (122.7). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURJPY is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
EJ has a strong divergence on 1HR and could be a trend reversal.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (118.050). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURJPY is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (117.0). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURJPY is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
last week, last 2 days , price have pushed lower from 118.700 to 117.200, this bearish trend expected to continue till 116.00, May it gives a new setup to start the June month from the lower price
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (116.5). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURJPY is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
Eurjpy pairs may see the other down week.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (115.6). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURJPY is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
THERE IS A SELL TREND IN EURJPY ALSO AT PIVOT SO, CAN GIVE PROFIT IF WE GO SHORT ON IT!!! JUST GO FOR IT. :)
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (116.45). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURJPY is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=118. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=117.3. TP4: S2=116.9. Set the stoploss of these orders at breakout of R2=118.2. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...