EURJPY Plan A : 📈 if u break the resistance we will visit the green area then we go down to red area. EURJPY ==> 140 Plan B : 📉 if u break the trendline we will visit the red area. EURJPY ==> 136 EURJPY ==> 134
SUMMARY: The EURJPY pair bounced slightly during the course of the day on Friday, using the 113.28 level as support. At this point in time, the market is looking bearish. The primary trend of EURJPY is bearish on charts and price is trading below its support trend line in its 1 hourly chart. In its daily chart the price is sustaining below 200 day SMA that are...
SUMMARY: The current trend of EURJPY is bearish on charts and price is trading below 50 day SMA and 200 day SMA with appearance of dead cross on 4 hourly charts. It is having an important support at the level of 123.12 and resistance at the level of 123.85. On chart it made a symmetrical triangle. If it breaks its support level on the downside and sustains below...
EUR/JPY ( 30 MIN. ) SUMMARY: The secondary trend of EUR/JPY is bullish on charts and price is trading above the trend line in its 30 min. chart. In 30 min. chart the price is sustaining above 200 day SMA and taking support of 50 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 125.00 and support at the level of...
Today's Chart: :EUR/JPY ( HOURLY ) The primary trend of EUR/JPY is bullish on charts and price is trading below the trend line in its hourly chart. In hourly chart the price is sustaining above 200 day SMA and taking resistance of 50 day SMA indicating downtrend of the pair. It is having an important resistance at the level of 131.65 and support at the level of...
Here we have a Cypher pattern that is about to complete on the 15 min. timeframe. Its with the 15 min. trend but against the H4 and Daily trend, so i am using half position here. The RSI is on its way down to oversold area so that could help to give a push if we see it inder the 20ish area. Lets see whats going to happen. Comments are very welcome! Kind...