EURJPY 1Hour Signal Chart

Follow signal progress on the chart below.

Euro vs Japanese Yen 60 minute chart (click on chart to zoom)

EURJPY Comment

Good evening , This is our view regarding the Euro vs Japanese Yen pair, following the North American session today Monday October the 9th. By: Zoe Chan – www.LIONsignals.com


The Euro vs Japanese Yen pair, Has plummeted lower during the North American session this afternoon. With the pair lossing nearly 1327 pips, it continue’s to move up in a strong BULLISH trend as it did in the past days ( view Daily chart below ).
On the other hand, EURJPY is holding well below the long term 200 days simple moving average (thats why we dont recommend any short trades on the EURJPY for the coming days).
The 50 and the 20 days simple moving averages are also confirming continuation for the well established BULLISH trend.
CONCLUSION: [We highly recommend to avoid trading EURJPY for today Monday as we might be dealing with a choppy falling correction for rest of the day.] However As per above general BULLISH trend; Only Long trades to be considered following completion of any counter trend falling correction on the 60-minute chart.

β–² Buy Signal Details

Time Mon 2017.10.09 21:27
Pair EURJPY
Buy@ β–² 132.3890
Stop @ 131.89200
1s TP @ 132.84200
2nd TP @

No 2nd TP!

Euro vs Japanese Yen Buy signal information table


EURJPY Chart

EURJPY Daily Live Chart


(Note: This conclusion is only valid as long as price is holding above the 200 periods simple moving average (red dotted line) on the 60-minute chart,
A Long signal is available now for review on the right
)

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