DAILY SPOT EURJPY - Friday's trade idea and technicals
While bearish signals on the week have been confirmed, yesterday’s signals switched to bullish and to buying the dip. Rather than this the market traded sideways inside a small ½ Big Fig range for a little changed close, the 3rd in a row. A near 1 Big Fig bounce since Wednesday’s 4 month base at 122.08 is probably corrective and for Friday signals have reverted to bearish and the call is to sell on the open and then at 122.92, today’s Asia high with a stop loss at 123.43, the 13 day average rate. Targets are to 122.18, this week’s low, 121.50 and 120.80.
3cAnalysis – live analysis that improves trading performance. Our analysis is highly respected by major Institutions throughout the UK and Europe. We set the standards for high end, live, independent technical analysis research across 3 asset classes and 3 time frames and with exceptional directional success over more than 9 years.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.