EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/JPY rising inside minor impulse wave 3
2019-11-11 • Updated
- EUR/JPY rising inside minor impulse wave 3
- Next buy target - 79.00
EUR/JPY continues to rise inside the sharp minor impulse wave 3 – which previous broke through the resistance level 126.80 (previous buy target). The breakout of this price level was followed by the breakout of the 3 consecutive Fibonacci retracement levels of the previous sharp ABC correction 2 from July (38.2%, 50% and 61.8%). EUR/JPY is expected to rise further toward the next buy target at the next resistance level 130.00.
Similar
What happened? It looks like the decline in EUR/CHF to 1…
What happened? Japanese shares fell on Monday…
Latest news
Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...
Bearish scenario: Sell below 2200 / 2194 ... Nearest bullish scenario: Buy above 2197... Bullish scenario after retracement: Consider buys around each indicated demand zone