expand/collapse risk warning

Trading financial products on margin carries a high degree of risk and is not suitable for all investors. Please ensure you fully understand the risks and take appropriate care to manage your risk.

Trading financial products on margin carries a high degree of risk and is not suitable for all investors. Please ensure you fully understand the risks and take appropriate care to manage your risk.

Your capital is at risk.

Regulator:

×
CySEC

Skilling Ltd, is regulated by the Cyprus Securities and Exchange Commission (CySEC) under CIF license No. 357/18

Continue
FSA

Skilling (Seychelles) Ltd, is authorized and regulated by the Financial Services Authority (FSA) under license No. SD042

Continue
phone support +44 208 080 6555 whatsapp support Support
English EN
X
×
Log in Sign up
  1. Skilling
  2. Technical Analysis
  3. EURJPY - psychological price line breached
Technical Analysis

EURJPY - psychological price line breached

Autochartist63aad3418ef7f86652c79c3a.png

EURJPY has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 8 days and suggests a possible target level to be around 142.4869 within the next 2 days.

Not investment advice. Past performance does not guarantee or predict future performance.

Related Articles

Autochartist63d3b24cbb9a934895ed1c26_en.png

Possible start of a bullish trend on OIL BRENT

Breach of 88.1000 could mean a start of a bullish trend on OIL BRENT...

Read More

Autochartist63d3b24cbb9a934895ed1c24_en.png

A final push possible on Alibaba

A final push possible on Alibaba as it starts approaching a price line of 117.80....

Read More

Autochartist63d3b24dbb9a934895ed1c2a_en.png

Huge bullish move on IOTA

IOTA experienced a very large 10 hours bullish move to 0.2376...

Read More