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Eurjpyprediction

Trading Pathways Analysis of EURJPY H4 Chart The outlined white arrow pathway is the predicted pathway that the EURJPY will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where EURJPY will turn. PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK. Eiseprod of Trading Pathways
Short
by Trading-Swing-Pathways
EURJPY Forex cross pair supply and demand analysisThis is a longer term analysis for EURJPY Forex cross pair done on the monthly timeframe. As explained in many other supply and demand scenarios, when we have a longer term monthly imbalance that gains control, we are not allowed to take a position against it. If we take a look at EURJPY Forex monthly timeframe analysis wearing the supply and demand glasses, we can see the reason why EURJPY forex cross pair is rallying instead of dropping. EURJPY Forex cross pair has been dropping for months until monthly demand imbalance at 1 gained control. This cross pair has been rallying from down there for five consecutive months, we are expecting price to continue rallying in the forthcoming months. That does not mean price is not going to correct at all, the underlying price hardly moves in a straight line. But what we do know is that a strong monthly demand imbalance has taken control of EURJPY Forex cross pair.
Long
by AlfonsoMoreno