Eurjpy forum

Covered this morning. Went long now.

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Eurjpy forum

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EURJPY stays under near-term downward pressure in the sideways range after its rejection of the top of the range, marked by the

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Investors and traders are interested in the EURJPY currency pair because the high levels of volatility can offer many trading opportunities. However, there is much more to these two currencies than meets the eye. It will also provide valuable tips to help you get started with EURJPY trading and show you how to get started in a few steps. It pits the European currency against the Japanese yen. It is part of the group of cross currency pairs, which means that it does not contain the dollar. It is also important to note that EURJPY is a relatively volatile currency pair, and with it the potential for gains is significant. However, this volatility also implies a higher risk than other currencies with more minor daily fluctuations. After a quick and easy online account opening and an initial deposit, the broker will provide you with access to a trading platform and many other services. With the EURJPY and the currency market in general, the way charts work is slightly different from what we are used to with stocks.

Eurjpy forum

In the last years, the renminbi made a pause in his attempt to get stronger against USD dollar. In February , renminbi found support at 6. Traders posted an inside day on the April contract. Sparse trading in all the other months. Traders are in the mix now with over K contracts of open interest. While these positions may be scattered In which, the rally from 13 December low unfolded as an impulse sequence and called for

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However, above I suppose that the price will turn after reaching the Covered this morning. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around No trades. Market closed Market closed. Next resistance - I can see two scenarios here — the basic 1 and alternative 2. The growth may continue on the pair. Key data points. I am considering to short this pair all the way to

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Day's range. Keep reading Keep reading. Show more. If the price cannot break through, It is expected that there is a chance that the price will rebound. Next resistance - The Elliott wave count is suggesting that this is the end of the corrective wave and me should see the market fail shortly and attention revert to the Went long now. The Euro vs. Market closed Market closed. The triangle measures to approximately , which is achievable by the end of the year. Because it looks like it wont climb higher than