EURJPY retains broader downside pressure with eyes on 122.00 level and beyond in the days ahead. Support comes in at the 121.50 level where a break if seen will aim at the 121.00 level. A cut through here will turn focus to the 120.50 level and possibly lower towards the 120.00 level...
Pivot (invalidation): 58.50 Our preference Long positions above 58.50 with targets at 59.90 & 60.45 in extension. Alternative scenario Below 58.50 look for further downside with 58.20 & 57.85 as targets...
Pivot (invalidation): 14.6100 Our preference Short positions below 14.6100 with targets at 14.4900 & 14.4400 in extension. Alternative scenario Above 14.6100 look for further upside with 14.6400 & 14.6800 as targets...
Pivot (invalidation): 1286.50 Our preference Short positions below 1286.50 with targets at 1280.50 & 1277.00 in extension. Alternative scenario Above 1286.50 look for further upside with 1289.00 & 1291.50 as targets...
Pivot (invalidation): 2820.00 Our preference Long positions above 2820.00 with targets at 2837.00 & 2851.50 in extension. Alternative scenario Below 2820.00 look for further downside with 2805.50 & 2791.00 as targets...
Pivot (invalidation): 11990.00 Our preference Long positions above 11990.00 with targets at 12130.00 & 12170.00 in extension. Alternative scenario Below 11990.00 look for further downside with 11930.00 & 11845.00 as targets...
Pivot (invalidation): 6.0540 Our preference Long positions above 6.0540 with targets at 6.0990 & 6.1280 in extension. Alternative scenario Below 6.0540 look for further downside with 6.0390 & 6.0200 as targets...
Pivot (invalidation): 0.6910 Our preference Long positions above 0.6910 with targets at 0.6925 & 0.6940 in extension. Alternative scenario Below 0.6910 look for further downside with 0.6900 & 0.6890 as targets...
Pivot (invalidation): 1.3455 Our preference Short positions below 1.3455 with targets at 1.3425 & 1.3410 in extension. Alternative scenario Above 1.3455 look for further upside with 1.3470 & 1.3485 as targets...
Pivot (invalidation): 1.0025 Our preference Long positions above 1.0025 with targets at 1.0060 & 1.0075 in extension. Alternative scenario Below 1.0025 look for further downside with 1.0005 & 0.9990 as targets...
Pivot (invalidation): 109.60 Our preference Short positions below 109.60 with targets at 109.25 & 109.00 in extension. Alternative scenario Above 109.60 look for further upside with 109.75 & 109.95 as targets...
Pivot (invalidation): 1.2685 Our preference Short positions below 1.2685 with targets at 1.2665 & 1.2645 in extension. Alternative scenario Above 1.2685 look for further upside with 1.2700 & 1.2720 as targets...
Pivot (invalidation): 1.1195 Our preference Short positions below 1.1195 with targets at 1.1175 & 1.1160 in extension. Alternative scenario Above 1.1195 look for further upside with 1.1205 & 1.1215 as targets...
CADJPY BUY -81.567 SL-81.135 TP1-81.778 TP2-81.950 USDCAD SELL-1.34324...
All of my setfiles below are tested on real money and demo accounts for a very very long time. One of them is approved for fully automated trading. However, please pay attention to news and fundamental things (such as interest rate decisions and political/global events...
Pivot (invalidation): 58.20 Our preference Long positions above 58.20 with targets at 59.00 & 59.35 in extension. Alternative scenario Below 58.20 look for further downside with 57.55 & 56.95 as targets...
Pivot (invalidation): 14.5400 Our preference Long positions above 14.5400 with targets at 14.6400 & 14.7000 in extension. Alternative scenario Below 14.5400 look for further downside with 14.4900 & 14.4300 as targets...
Pivot (invalidation): 1283.00 Our preference Long positions above 1283.00 with targets at 1291.00 & 1293.50 in extension. Alternative scenario Below 1283.00 look for further downside with 1280.50 & 1277.00 as targets...
Pivot (invalidation): 2820.00 Our preference Long positions above 2820.00 with targets at 2837.00 & 2851.50 in extension. Alternative scenario Below 2820.00 look for further downside with 2805.50 & 2791.00 as targets...
