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Eurjpyanalysis

EURJPY | Perspective for the new weekAfter testing its lowest point in the last two weeks as bears appear to be expressing their strength on the back of possible EU inflation data. From a technical perspective, the last couple of weeks have been a challenge for the bulls, price has been unable to break above 144.300 hereby creating a scenario that looks like a reversal setup in the form of a double Top structure. This video illustrates how to take advantage of either a bullish or bearish bias in the coming week. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
by darcsherry
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EURJPY | New perspectiveWith my key level at 143.000 area, I have a strong feeling that the tendency for a bullish continuation is going to happen as long as we do not have a breakdown/retest of the bearish trendline identified on the 1H time frame. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry