EURJPY --- > Buy still relevant:
Good day, dear investors and colleagues traders.
Your opinion technical analysis of the currency pair #Eurjpy:
The currency pair continues to consolidate in a narrow range of 119.78 - 120.42. The weekly close did not change much and the week passed under the flag of extremely weak volatility.
There is no point in considering the Range coefficients and the tilt angles of 2, 3-day averages, since they are all close to the minimum values.
The technical picture also keeps us in a narrow consulting range.
We continue to believe that the currency pair has upside potential. Our indirect management fund continues to hold its position: a purchase from 120.04 with #stoploss 119.20 and without #takeprofit (because our goals are higher than local analysis).
The potential goals for this line item are:
I) 120.55
II) 120.88
III) 121.27
The currency pair left the zone of the potential purchase zone, as a result of which the client recommended:
I) Hold this position, although the pair left the zone of potential purchases.
II) Close the deal to open and wait for a new fall in the potential zone of purchases.
Regards to subscribers,
Ltd ”Wermelgion and Partners Investment” [/I]
!Attention: Trading financial instruments and (or) cryptocurrencies is fraught with high risks, including the risk of losing part or all of the investment, therefore it is not suitable for all investors. Cryptocurrency prices are extremely volatile and can change due to external factors such as financial news, legislative decisions or political events. Margin trading leads to increased financial risks.
Ltd ”Wermelgion and Partners Investment” and any provider of the data contained on this website disclaim liability for any loss or loss incurred as a result of trading transactions made with reference to the information provided.
Your opinion technical analysis of the currency pair #Eurjpy:
The currency pair continues to consolidate in a narrow range of 119.78 - 120.42. The weekly close did not change much and the week passed under the flag of extremely weak volatility.
There is no point in considering the Range coefficients and the tilt angles of 2, 3-day averages, since they are all close to the minimum values.
The technical picture also keeps us in a narrow consulting range.
We continue to believe that the currency pair has upside potential. Our indirect management fund continues to hold its position: a purchase from 120.04 with #stoploss 119.20 and without #takeprofit (because our goals are higher than local analysis).
The potential goals for this line item are:
I) 120.55
II) 120.88
III) 121.27
The currency pair left the zone of the potential purchase zone, as a result of which the client recommended:
I) Hold this position, although the pair left the zone of potential purchases.
II) Close the deal to open and wait for a new fall in the potential zone of purchases.
Regards to subscribers,
Ltd ”Wermelgion and Partners Investment” [/I]
!Attention: Trading financial instruments and (or) cryptocurrencies is fraught with high risks, including the risk of losing part or all of the investment, therefore it is not suitable for all investors. Cryptocurrency prices are extremely volatile and can change due to external factors such as financial news, legislative decisions or political events. Margin trading leads to increased financial risks.
Ltd ”Wermelgion and Partners Investment” and any provider of the data contained on this website disclaim liability for any loss or loss incurred as a result of trading transactions made with reference to the information provided.
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