What to trade? Consider EUR/JPY

What to trade? Consider EUR/JPY

EUR/JPY is enjoying the medium-term uptrend since the start of September. The pair’s currently trading above the 50-week MA (121.66) and above December highs (122.50). The latter hadn’t let the pair to get higher for four weeks, so a break above will mean that buyers have become stronger. The next targets on the upside are at 123.35 (June high) and 124.15 (38.2% Fibonacci retracement of the 2018-2019 decline). Although the long-term is negative and there will be significant resistance at the mentioned levels, a weaker yen may lead the pair to the mentioned targets. The medium-term outlook will remain positive as long as EUR/JPY is trading above 121.00.

EURJPYWeekly.png

At the same time, we still haven’t seen a daily fix above 122.50. A decline below today’s low at 122.30 will mean that the move to the upside was false and open the way for a decline to 121.50.

Trade ideas

BUY 122.65; TP1 123.35; TP2 124.15; SL 122.45

SELL 122.25; TP 121.60; SL 122.40

EURJPYDaily.png

相似

澳元展开反弹

AUDUSD在连续的震荡下行后伴随着MACD底背离展开了反弹,早盘在良好的失业率数据推动下出现大阳线,确立了反弹格局。

最新消息

澳元展开反弹

AUDUSD在连续的震荡下行后伴随着MACD底背离展开了反弹,早盘在良好的失业率数据推动下出现大阳线,确立了反弹格局。

使用您的当地支付系统

了解更多

电话申请

客户经理将会与您联系

更换号码

您的申请被接受

客户经理将会与您联系

内部错误。 请稍后再试

外汇新手手册

《Beginner Forex》将引导您体验交易世界。

外汇新手手册

开始进行交易前最重要的事情
输入您的邮箱地址,我们将为您寄送免费外汇指南

谢谢您!

我们已经发送了专门的链接至您的邮箱。
点击链接,确认您的邮箱地址,免费获取初学者外汇指南。

您目前正在使用旧版本的浏览器。

更新最新版本,或使用其他浏览器,保证更安全、舒适、高效的交易体验。

Safari Chrome Firefox Opera