Right now, I can’t see the entrance for opening a deal on the asset, so I’ll wait until the price reaches one of the levels, and then I’ll make a decision.
On this week eurjpy has low movement and weekly timeframe figure out small bear body candle, might still hard to trade for long term and maybe many trader will choose short term plan trading for this pair
Today I see eurusd move to uptrend, after yesterday this pair move down I see now daily timeframe figure out bullish candle
Why do you think that, Mifar? What features on the chart you posted suggest that interpretation to you? You're clearly the same person as "Carlll", posting under another name ...
As much as I want to buy Eur/Jpy, just can't yet, but it has touched 113.082 min area but don't see the weekly divergence required for start taking long setups hedged(Futures). Most will say the MACD lows 2015 is starting point but my rules it was negated on that hump above zero by sizeable amount, so just see now MACD dropping. Am long both Euro and JPY in the futures. I don't normally trade other currencies other than US Dollar against ***, but this looks very interesting. I very seldom trade Forex, most likely why I don't, don't care to pay more than 1 pip spreads either, there always one tick spread or more in futures and why best to use limits.
EUR/JPY broke above 113.45. I think next target will be around 114.50, which is (MA)89 on the four-hour time-frame.