EURJPY: Get Ready For The Next Movement
EURJPY: Get Ready For The Next Movement
The EURJPY has completed a bullish harmonic pattern and has tested a strong support and psychological zone near 156.00. Despite initial weakness, EURJPY recovered very well.
The JPY's strength has been bolstered by market uncertainty related to tariffs, driving volume towards safe-haven currencies like the JPY.
Currently, the EURJPY appears to be stabilizing, suggesting for a potential correction for the moment. The bullish trend may resume during next week after the price spends some time in correction.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
The EURJPY has completed a bullish harmonic pattern and has tested a strong support and psychological zone near 156.00. Despite initial weakness, EURJPY recovered very well.
The JPY's strength has been bolstered by market uncertainty related to tariffs, driving volume towards safe-haven currencies like the JPY.
Currently, the EURJPY appears to be stabilizing, suggesting for a potential correction for the moment. The bullish trend may resume during next week after the price spends some time in correction.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.