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EUR/JPY Shorts At Strong Resistance At 128.80/129.00

Published 12/10/2021, 05:18 AM
Updated 07/09/2023, 06:31 AM
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AUD/JPY shorts at 8155/75 worked perfectly with a high for the day here and a dip to 8090.

EUR/JPY shorts at strong resistance at 128.80/129.00 worked perfectly with a high for the day here and a 100 pip profit on the slide to 128.00/127.90 for profit-taking. In fact we saw a low for the day here.

CAD/JPY reversed to strong support at 8910/8890 with a low here as I write this morning. Try longs with stop below 8870.

USD/CAD longs at 1.2645/35 worked on the bounce to targets of 1.2665 and 1.2690/1.2700. Now we have shorts at 1.2715/25.

EUR/USD we were short again at resistance at 1.1350/70 yesterday with a potential 70 pp profit on the slide to 1.1280.

GBP/USD second chance to buy in to longs at 1.3170/50 yesterday, stop below 1.3120.

GBP/NZD broke first support at 1.9500/1.9480 targeting 1.9425/15 and second support at 1.9380/60. A low for the day here with longs already offered up to 100 pips profit.

AUD/USD level of 7140/20 now acting as support to hit the next target of 7170/80.

NZD/USD shorts at 6800/10 work on the slide to 6780 for only a small potential profit yesterday.

USD/JPY tested strong resistance at 113.60/70 this week but overran to 113.90 before reversing.

GBP/CAD beat strong resistance at 1.6745/55 to hit the next target of 1.6815/20.

EUR/GBP first support at 8500/95, second support at 8478/74.

Video analysis:

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