Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/JPY reversed from support zone
2019-11-11 • Updated
- EUR/JPY reversed from support zone
- Next buy target - 134.50
EUR/JPY recently reversed up from the support zone lying between the key support level 131.70 (which has been reversing the price from the end of September), lower daily Bollinger Band, support trendline of the daily up channel from June and the 38.2% Fibonacci correction of the previous sharp upward impulse from the middle of August. EUR/JPY is expected to rise further to the next buy target at the next resistance level 134.50.
Similar
SNB Won't Let EUR/CHF Fall
What happened? It looks like the decline in EUR/CHF to 1…
Japanese Yen Strengthens on COVID-19 Worries
What happened? Japanese shares fell on Monday…
Latest news
Last chance for bulls to exit the market. FBS explains the next two years for crypto
Crash of LUNA ecosystem and halving cycles. Glimpse into the future of the crypto market with FBS experts!
What To Trade On May 23 - 27?
Last week blew traders' minds! The US dollar dropped for the first time in seven weeks after Jerome Powell's speech on Tuesday…
Can a recession be avoided?
The pandemic continues hurting economic activity in China, the war in Ukraine is hitting the entire European economy, and the Fed's efforts to control inflation threaten to trigger a recession.
