Looking at the Euro Futures, looks like the market is battling its impact on the market. The more it drops the more the market drops. I am looking that this testing some levels to end the week in a direction.
What looks like a bear flag is starting to look over extended. We are at what could be a pivot point on the next quarter direction.
Bullish Case - Look...
EURJPY TECHNICAL ANALYSIS:
Price action: eurjpy failed to make a new high in h4 chart and is currently trading above the 400 hour simple moving average, if price broke it and closed with at least 3 h4 candles below the moving average you can open a short trade until the support as highlighted in the chart, use a small stop loss. It can occur tomorrow or monday,...
its obvious GBPJPY tap out from OBDER BLOCK around 155.4 and 155.2 i expect GJ to rise to around 157.7. if GJ fails to break the previous high 158.0 wait to confirmation and go short to OB.