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Metcalfe77's Blog
EUR/JPY
after days of pull back untill touching 129.5 eur jpy tirned back to its previous downtrend
all the signal has led to this downtremd since no relevant news has been released, and as predicted eur jpy tested again the lowest at 128.5 and we will see if it will bounce back just like it did several days ago or it will break this low to targetting a new one at 126
all the signal has led to this downtremd since no relevant news has been released, and as predicted eur jpy tested again the lowest at 128.5 and we will see if it will bounce back just like it did several days ago or it will break this low to targetting a new one at 126
EUR/JPY
slow market today for eur jpy, but a little pull back from the low touched in the last few days
even with this little pull back in my opinion eur jpy is still in a downtrend, and unless something that could move the market just like news the eur jpy will take the old downtrend an testing again 128.5
even with this little pull back in my opinion eur jpy is still in a downtrend, and unless something that could move the market just like news the eur jpy will take the old downtrend an testing again 128.5
EUR JPY
this week ha started with no trend for eur jpy, but the old down trend is still on
no new lows, but this lilltle ranging market seen today had no move for the bueyrs, so i t seems matter of time before the sell move will get stronger
128 could be the next target and if broken it could reach 126 as the new low
no new lows, but this lilltle ranging market seen today had no move for the bueyrs, so i t seems matter of time before the sell move will get stronger
128 could be the next target and if broken it could reach 126 as the new low
EUR JPY
eur jpy broke its down trend at the end of last month with a strong bullish move that took it from 129 to 131, but after testing this point several times the old down trend took over again bringing back to its lowest at 129 and broke it going to 128.5
next target for this down trend is the area from 127 to 126 and can be reached in few days or less and the target of 126 could be the next
next target for this down trend is the area from 127 to 126 and can be reached in few days or less and the target of 126 could be the next
GBP USD
the last week gbp usd tuned back to its previous downtrend
after the lowest touched in the half of july at 1.2950 gbp usd bounced back in something that looked like a trend reversal, touching 1.32, but after that the downtrend started again and last friday before closing the week at 1.3 the lowest at 1.2950 was almost touched
next week gbp usd could break 1.295 targetting a new low
after the lowest touched in the half of july at 1.2950 gbp usd bounced back in something that looked like a trend reversal, touching 1.32, but after that the downtrend started again and last friday before closing the week at 1.3 the lowest at 1.2950 was almost touched
next week gbp usd could break 1.295 targetting a new low
GBP/JPY
the news today about the us emplyment got the trend stronger for gbp jpy
a new low at 144.50 has been touched, after that a little bounce at the end of the european session
next week the trend can get even stronger unless different news will be relesead with positive result, but as of now the trend remains down
a new low at 144.50 has been touched, after that a little bounce at the end of the european session
next week the trend can get even stronger unless different news will be relesead with positive result, but as of now the trend remains down
GBP JPY
still down trend for gbp jpy
after the news today it seemed it could turn into an uptrend, but after few minutes a big sell candle took the trend back ti the down trend
now it is about waiting for tomorrow the realease of the monthly nfp results of us economy to understand if the trend could chenge or get stronger
after the news today it seemed it could turn into an uptrend, but after few minutes a big sell candle took the trend back ti the down trend
now it is about waiting for tomorrow the realease of the monthly nfp results of us economy to understand if the trend could chenge or get stronger
EUR/JPY
the uptrend for eur jpy has found its stop at 131
big drop after that that culde reverse the uptrend to a downtrend
let's see the next move if the target is 129 or it will restore the uptrend with 132 as target waiting for friday nfp news that will move the market
big drop after that that culde reverse the uptrend to a downtrend
let's see the next move if the target is 129 or it will restore the uptrend with 132 as target waiting for friday nfp news that will move the market
GBP/JPY
as of now gbp jpy has rejected the first support at 147.5 and is quoitng around 148
the key point remains 147.5 because if broken chances are that a strong downtrend could push gbp jpy to the next support at 146
if the cross won't break 147.5 the uptrend could take it at 150
the key point remains 147.5 because if broken chances are that a strong downtrend could push gbp jpy to the next support at 146
if the cross won't break 147.5 the uptrend could take it at 150