HeikenXin

HeikenXin

As a forex trader, I have been keeping a close eye on the EUR/JPY currency pair, which has been on a steady upward trend for the past eight years. In my previous post, I discussed this trend, and now I want to dive deeper into what's been driving it. Over the past eight years, there has been a consistent upward trend in the value of EUR/JPY, with major breakouts...

HeikenXin

In my previous post, I discussed the trend of EUR/JPY currency pair. Over the past eight years, there has been a consistent upward trend in the value of this pair.... Since 2015, the pair has shown consistent growth, with occasional pullbacks and corrections along the way. Despite these temporary setbacks, the overall trend has remained firmly...

HeikenXin

Hello Fellow Traders, As per my personal review and analysis of EUR/JPY, I have identified a potential selling opportunity as the pair faces strong resistance at the 148-148.50 levels. I have entered a short position at 148.50 and am currently holding it. My analysis also indicates that there is major support at 146.50-146.30, which could lead to a potential...

HeikenXin

EUR/JPY has been trading in an uptrend since mid-March, with the price currently testing a key resistance level at 148. This level has acted as a significant barrier to price advancement in the past, and traders should take note of this as a potential selling opportunity. A strong resistance level at 148, and traders should consider this as a potential selling...

HeikenXin

Currently, I am observing a potential bullish uptrend in the USD/JPY market, indicating that the price of the pair is likely to continue to rise under 61% my Fib level or to breakout for continuous short breakdown to 39mins chart during opening of London session. NOTE : It's important to keep in mind that relying on a single indicator cannot guarantee profitable...

HeikenXin

Just wanted to share my humble opinion and correct me if I'm wrong... Base on my technical analysis USD/JPY will continue to go up as Bull 🐂 uptrend... . NOTED : Relying on a single indicator cannot ensure profitable trades, as the market environment is always changing and uncertain. To make sound trading decisions, it is essential to take into account other...

HeikenXin

Just wanted to share my humble opinion and correct me if I'm wrong... Base on my technical analysis USD/JPY will continue to go up as Bull 🐂 uptrade... NOTED : Relying on a single indicator cannot ensure profitable trades, as the market environment is always changing and uncertain. To make sound trading decisions, it is essential to take into account other...