The_fx_GreyTrader

The_fx_GreyTrader

AUD/JPY has recently shown signs of exhaustion at lower levels, signaling a potential reversal from the 96.900 level. Here’s a detailed breakdown of why this setup presents an attractive trading opportunity: Technical Analysis: Key Support Zone: The 96.900 level has proven to be a significant support area historically, as seen from previous price reactions. The...

The_fx_GreyTrader

am currently monitoring GBPJPY, as I believe the pair is poised for a bullish trend reversal. After observing recent price action, it seems that GBPJPY has reached a critical support level at 191.300, which has historically acted as a significant zone for potential price bounces. Given the strong market dynamics, I expect that this level will hold, setting the...

The_fx_GreyTrader

GBPJPY - Bullish Buy on Support The strategy focuses on taking a bullish position on GBPJPY, with the goal of buying at key support levels as the pair shows strength. The idea is to enter long positions at every opportunity where the price bounces off established support zones, anticipating continued upward movement. Trade Setup: Buy on every confirmed support...

The_fx_GreyTrader

We’re bullish on GBPJPY as the pair continues to demonstrate strong upward momentum supported by technical and fundamental factors. Entry Level: 191.000 This level serves as a key zone of confluence, indicating a potential shift in market sentiment. It aligns with previous support, offering a favorable risk-reward entry point for buyers. Target: 198.500 Our...