GOLD Nice work on both pairs — spotting that EURJPY sell was sharp. Still bullish on both here, just waiting for the next buy setup. NY session might give us the move. As always, confirmation is key.
GOLD Closed the EURJPY buy, flipped short. Gold’s still riding — locked some profit at the top, rest breakeven. Let’s see what the market’s got for us today.
EURJPY It has retested a key support level of 160.600 a while ago, it is making a bullish move upside A move up to retest the supply level above at 163.000 is likely to experience. My analysis is buy, I am going for it.. Buy from current level 160.800 till 163.000.
EURJPY has ben on a bullish run. I'd still look for buys towards 164.200 area. If price retraces to the H4 support (161.600) and respects it, that'll give me more confirmation to enter longs.