Eurjpyprediction
EURJPY approaching support, potential for a bounce!
EURJPY is expected to drop to 1st support at 120.0051 where it could potentially react off and up to 1st resistance at 120.6125.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURJPY approaching resistance, look out for potential reversal!
EURJPY is approaching its resistance at 121.1026 where it is could reverse down to its support at 120.4392.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURJPY approaching resistance, look out for potential reversal!
EURJPY is approaching its resistance at 121.1026 where it is could reverse down to its support at 120.4392.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURJPY approaching support, potential for a bounce!
EURJPY is expected to drop to 1st support at 120.731 where it could potentially react off and up to 1st resistance at 120.039.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EurJpy- up,up,up
After the fake break below the support level of 120, eurjpy returned above the support and manages to stay above for the last 4 trading days.
We maintain our idea that there are more gains to come for the pair and we are looking to buy.
Strategy:
Buy above 120 figure
SL @ 119.50
First target 121.50
Swing target 123.00
EURJPY reversed from resistance, potential drop!
EURJPY reversed off its resistance at 120.340 where it could potentially drop further to 118.770.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
EURJPY reversed from resistance, potential drop!
EURJPY reversed off its resistance at 120.340 where it could potentially drop further to 118.770.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
EURJPY to reverse from downside confirmation, potential drop!
EURJPY to reverse from its downside confirmation at 120.340 where it could potentially drop further to 118.770.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
EURJPY approaching support, potential for a bounce!
EURJPY is expected to drop to 1st support at 120.530 where it could potentially react off and up to 1st resistance at 120.911.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.