Hello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
Preferred direction: BUY Comment: In metals, the upward reversal happened a little earlier than expected. Naturally, gold picked up the momentary weakness of the American currency and is now seeing continued growth within the mid-term trend. Now we are setting a small target for ourselves from current prices, namely the level of 1981.683. Thank you for like...
Preferred direction: SELL Comment: The weakening dollar plays in favour of the yen, which is right at key levels. Here we are seeing a deeper upward correction in favor of the dollar after yesterday’s impressive momentum. However, most likely this fuse on the part of buyers will be extinguished and the price will go down again. We highlight two scenarios for...
EURJPY - 24h expiry We are trading at overbought extremes. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A lower correction is expected. We prefer to consider the medium term trend and expect buying interest to support as prices move lower. Further upside is expected although we prefer to buy into dips...
EURJPY price shows rejection from the trendline everytime, price seems to be rejection from the trendline this time too, if price continues to show rejection from the trendline we can expect a bear move this time.. Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting...
Preferred direction: SELL Comment: This currency pair continues to stand out from other major currency pairs. Here, despite the strengthening of the US dollar, which is expected in the near future, the yen will most likely strengthen. This is kind of like one of the market maker's tricks. We do not exclude another false breakout of the local maximum and then a...
💬 Description: The situation with the euro still forces us to take a closer look at sales. In the medium term, we are most likely to see a decline. Before this, one can take a closer look at long, but not above the level of 1.07000 . The most conservative thing to do is to place your take profits below this level. After which, as was said, a deep drop is...
FX:EURJPY manages to clear the 162.00 hurdle and print fresh 2023 tops at the beginning of the week. Further upside appears well on the cards for the cross in the short-term horizon. Against that, the surpass of the 2023 high of 162.36 (November 9) is expected to face the next significant resistance level not before the 2008 top of 169.96 (July 23). Bolstering...
Both GBP and the EUR cross are showing bullish traits, but grade B trade set ups.
EUR/JPY is currently trading at 163.1, and there are a number of factors that suggest that the pair could continue to move higher in the near term. First, the ZEW Economic Sentiment Index for Germany is expected to improve from -1.1 to 5. This would be a significant improvement, and it would suggest that the German economy is on track to continue to grow in the...
FX:EURJPY resumes the upside and prints new yearly highs in the vicinity of the 162.00 yardstick on Friday. Further upside appears well on the cards for the cross in the short-term horizon. Against that, the surpass of the 2023 high of 161.85 (November 10) is expected to face the next significant resistance level not before the 2008 peak of 169.96 (July 23) So...
Here I look at what is setting up in line with the prior day's close.
Preferred direction: Neutral Comment: Regarding gold, everything remains valid. Here we expect a balance before the start of the new week; most likely, sellers will push the price down a little, but the balance will still be preserved. Today, a fall below the level of 1938.913 is not expected, especially a close below this level. Thank you for like and share...
FX:EURJPY struggles to advance further despite printing new YTD peaks in the 161.70/75 band on Thursday. Further upside appears well on the cards for the cross in the short-term horizon. Against that, the surpass of the 2023 high of 161.74 (November 9) is expected to face the next significant resistance level not before the 2008 top of 169.96 (July 23) So far,...
Opened a position on EURJPY to fade the move back towards the Daily uptrend. Decided to go with an option for this with Exp on Friday Nov 10th @160.500 strike. Price accelerated away from the uptrend after the BoJ announcement on Oct 31st, before it pulled in and supported at 159.500 for a couple days and rallied again. I feel this provides a good risk reward on...
EURJPY have a sell for TP:160.907 dont set sl dont worry follow me. if need to close, i send at this analysis update on this page
Preferred direction: Neutral Comment: The situation with the New Zealand dollar is similar to the situation with the euro. In the short term, there will most likely be a slight upward impulse, after which there will be a continuation of the fall within the framework of the medium-term downward trend. The long-term picture is also on the side of sellers. ...
FX:EURJPY extends the march north of the fifth session in a row and clinches a new 2023 peak past the 161.00 hurdle on Wednesday. Further upside appears well on the cards for the cross in the short-term horizon. Against that, the surpass of the 2023 high of 161.05 (November 8) is expected to face the next significant resistance level not before the 2008 top of...