EURJPY is trading in upper trend at rising support. Price got rejected at "resistance turned support" level. Moving average 84 also provided support for price rejection at this level. Traders what you think about my trading idea.
SINCH was a trading in downtrend since september 2021and from its peak at 205 SEK fell to 13.60 SEK but recently it seems downtrend has exhausted and bulls are in full control. Share is gearing up and alreday upto 112% and has long way to go. Moving average 21 and 84 are providing dynamic support now. In the short term we can target MA 200 which is potential...
#GBPJPY failed to update its higher high. Pair is in downtrend and creating higher low and lower low. Manage your risk and trade accordingly.
#AUDJPY is in uptrend and printing higher high and higher low and is respecting the rising support. Manage your risk and trade accordingly.
#NZDCAD is in bullish trend and printing higher high and lower low. It broke the trend line which is working as support now. We can initially target the nearest top.
GBPJPY is trading in bullish trend and making higher highs and higher lows. My target is double top at 168.00.
M8G is fundamentally performing well and expecting a growth of 25-30% per year. However M8G share is trading in down trend channel since July 2021 and still creating lower highs ans lower lows. Current level is important level, if it break down then next support is around 13,5 SEK. #M8G #technical-analysis