Everything meant to be self training.
There is an uptrend. Open price - 123.194, TP - 123.496, SL - 122.794
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
Morning guys, Glad we all managed to make some on the eurusd trade yesterday at 1.08298, with the ECB offering a bazooka purchasing bonds with a minimum one year maturity including those with yields below deposit rate (-40bps). EURUSD has begun its move toward parity in coming months, most likely before the French Elections. If anything the ECB policy meeting...
We have 2 options for this trade: Plan A: Waiting for 1-2 more bearish signals to short High Risk to Reward Ratio Plan B: Continue with the trend The price breaks the resistance zone, wait for pullback and go for long :)
The price finding support area at 115.46-116.63. Bullish as long as support area at 115.46 remains intact. As intraday trading strategy. we must get bullish signal confirmed by trading above 117.764 with potential target at 119.03- 119.89.
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...
1. Price may continue going down to .382 (S3), if it breaks the S3 price should retrace off the channel and go into an uptrend. 2. Possible reversal at 122.417 & 122.216 4. Once the resistance level at 122.739 is broken it turns into support for the uptrend 5. Once uptrend starts price may retrace 2 times before reaching target. 6. Watch for the retracement and...
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...
crossing short term MA and the big blue holding as resistance at the top of the wedge. If we break through that there is significant upside coming; downside is a trade with the trend to at least the bottom of the wedge
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...