This past week, the EURJPY regained strong upside momentum again and surged more than 300 pips. However, the pair has failed to close above the June peak of 158 on the second attempt forming a double top. Since the start of this week, the currency pair experienced a pullback after the Euro...
On the four hour chart of EURJPY, the prices recently broke out of a consolidation formed within Symmetrical Triangle pattern. This brought the pair to break above the previous swing high just above the 126.483 handle, as bulls gained momentum in the pair. Moreover, the formation of bullish...
I want to share my research taken to extract pip range so You can use it and implement it into your trading strategy.
I hope this helps someone because I know it was helpful to me.
CHART - EUR/JPY trading session pip range
Next chart shows EUR/JPY analysis how pair is doing through week...
EURUSD, EURJPY.
As we mentioned in our missive Tuesday, we suggested you can try the short side of the EURUSD on a rally toward the 1.30 handle. We had two very strong days following that, and were trading close to 1.2960 Friday. With a swing trade like this there is risk, so it may be best...
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