EURJPY 30 Minute Chart Analysis

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Traders I picked this pair to show you there are times when you do not trade. The reason is that the Yen is at a 17 month high. I read an story in the Bangkok Post this morning where PM Abe said NO to any kind of intervention. If you take a look at price action for the past three days on this chart you can see traders are staying away as this is very unsettling if I was in a Yen pair trade please protect yourself.I would stay away from trading any Yen pair till we see some kind of conformation in the next couple of trading days.

Thank you traders and talk soon….William

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EURUSD Daily Forecast: April 07

EURUSD Forecast    
The EURUSD had another indecisive movement yesterday. Price slipped below 1.1335 but closed higher at 1.1397. The bias remains neutral in nearest term. Potential daily range today is seen between 1.1500 – 1.1335. As long as stay above 1.1335 price is still in a bullish phase testing 1.1500 which remains a good place to sell with a tight stop loss. On the downside, a clear break and daily close below 1.1335 could trigger further bearish pressure testing 1.1250 or lower. My major technical outlook remains neutral.

eurusdh4

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USDCHF Daily Forecast: April 07

USDCHF Forecast
The USDCHF had another indecisive movement yesterday. The bias remains neutral in nearest term. Overall my technical outlook remains bearish but need a clear break and consistent move below 0.9570 to continue the bearish scenario targeting 0.9475 – 0.9380 region.  Immediate resistance remains around 0.9625. A clear break above that area could trigger further bullish pressure testing 0.9715 region.

usdchfdaily

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EURUSD Daily Forecast: April 06

EURUSD Forecast    
The EURUSD had another indecisive movement yesterday. The bias remains neutral in nearest term. As long as stay above 1.1335 price is still in a bullish phase testing 1.1500 which remains a good place to sell with a tight stop loss. On the downside, a clear break and daily close below 1.1335 could trigger further bearish pressure testing 1.1250 or lower. My major technical outlook remains neutral.

eurusdh4

Запись EURUSD Daily Forecast: April 06 впервые появилась Forex.