TECHNICAL ANALYSIS BY AMEGA
KEY FINANCIAL INSTRUMENTS DAILY REVIEW

Latest analysis provided by AMEGA experts. Forex forecasts, charts, recommendations. Everything that you need in one place.

Technical analysis by AMEGA - Opinion

Review EUR/JPY
28-06-2018, 09:36:56
Review date
test

Fundamental analysis: the weakening of the Euro against the backdrop of the strengthening of the dollar continues. For the second week in a row, this currency pair is trading in a narrow price range from 127.000 to 128.500 – so it happens before powerful price movements. Among the important news on the European Union today is the harmonized index of consumer prices in Germany. 

Technical analysis: for almost two years, since June 2016, the medium-term trend is bullish, it has not yet turned around. The long-term trend is also bullish since 2012. On the H4 chart, the Alligator lines are intertwined (or close to it) in a slow time – the situation is not certain. 

Trading recommendations: you should let the situation develop and prove itself. While we follow the bear trend. Short positions are below 127.000, cancellation of this scenario and long positions are above 128.000. 

 

Sincerely, Sergey Ryazantsev - financial analyst of brokerage company AMEGA

 

player register
SIGN UP WITH AMEGA.
Get more analytics.
HOW TO START
WHY TRADE WITH AMEGA?
icon

Advanced platforms

All financial markets on one platform. Buy and sell in one click

icon

Top promotions

100% deposit bonuses, competitions with real prizes

icon

Investment service

Unlimited profits. Complete transparency. Flexible offers. Security

icon

Free deposits / withdrawals

Over 200 payment systems. Account currency of your choice

icon

Flexible terms

ECN trading accounts. Deposit from 0 USD. Flexible leverage

icon

Services you can trust

Best prices from the world banks. Client's funds on separate accounts

Over 200 commission-free payment systems
visa
master
wiretransfer
epay
neteller
bitcoin
asia
EXCLUSIVE ANALYTICS
15-02-2019, 08:19:02
Review USD/CAD

It’s recommended to try to have a long position near the control resistance zone 1.32392-1.32287 (111 points from current minimum) with using the pattern «Head&Shoulders» at least on timeframe M15.

...
Find out more