SimpleFX Blog
    Facebook Twitter Instagram
    Monday, August 15
    Facebook Twitter LinkedIn Telegram YouTube
    SimpleFX BlogSimpleFX Blog
    Banner
    • Home
    • News
    • Tutorials
    • Updates
    • Opinion
    • Trading Academy
    • Trading Schedule
    SimpleFX Blog
    Home»Analysis»EURJPY Chart Analysis Shows Alluring Opportunities
    Analysis

    EURJPY Chart Analysis Shows Alluring Opportunities

    Zach WrightBy Zach WrightNovember 5, 2019Updated:November 5, 2019No Comments1 Min Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    The market moves at the top of the yellow channel. Since we recently saw the price rebound from the upper yellow bound, at the moment the bears can gain the potential to gain a foothold below the support level of 120.82 and below the moving average.
    [button link=”https://app.simplefx.com/login” size=”medium” target=”new” text_color=”#eeeeee” color=”#df4444″]SELL EURJPY[/button]        [button link=”https://app.simplefx.com/login” size=”medium” target=”new” text_color=”#eeeeee” color=”#3cc195″]BUY EURJPY[/button]
    If this happens, the market will open the way to the lower bound of the yellow channel and the support level of 118.48. In this case, we will expect a decline in the next trading weeks. An alternative option is a price increase to the upper bound of the yellow channel and the resistance level of 122.01. It is shown on the chart by a thin white line.
    featured forex
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleNot Only Forex and Crypto – Trade with Leverage Stocks and Indices as They Go to the Record Hights
    Next Article Trading the US Dollar Agains The Franc – Check Out What the Chart Analysis Suggests
    Zach Wright

    Related Posts

    Two Scenarios for BTCUSD in 2022

    August 12, 2022

    BlackRock Inc. To start a private investment fund.

    August 12, 2022

    Bitcoin Breaks $24 with Authority

    August 11, 2022

    Leave A Reply Cancel Reply

    Copyright © 2022. SimpleFX
    • SimpleFX WebTrader
    • Unilink Affiliate Tracker

    Type above and press Enter to search. Press Esc to cancel.

    We and our partners use cookies for analytics purposes and to serve personalized ads. You can view our privacy policy here and our cookies policy here
    Accept.
    Privacy & Cookies Policy

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
    Non-necessary
    Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
    SAVE & ACCEPT