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From what is seen on the 4-hour chart of the EUR/JPY cross currency pair, it is clearly visible that EUR/JPY is moving in a strengthening condition, which is indicated by its price movement moving harmoniously in an upward sloping channel, coupled with its price movement moving above the EMA (21) and the Stochastic Oscillator indicator which is Crossing Buy, so in the near future EUR/JPY will try to rise to the level of 163.47 and if the momentum and volatility support it, 165.77 will be the next target to be targeted, but all of these strengthening scenarios will become invalid and automatically canceled if on the way to the previously described target levels, there is suddenly a weakening correction that breaks through and closes below the level of 160.69 because if this level is successfully broken and closes below it, all strengthening scenarios that have been described previously will become invalid and automatically canceled by themselves.
(Disclaimer)
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
