+370 Pips From GBPJPY & EURJPY
Mon 13th November 2023 : Daily Forex Price Action
Today we’re looking at Trading Setups in:
- EURNZD (Primary Focus Pair)
- EURJPY (Covered In Video)
- GBPJPY (Covered In Video)
FREE Discord Server: Real-Time Alerts, Pending Orders, Live positions & Trade Updates
Our Interest (pending order)/Open Interest (live position)
Our EURJPY and GBPJPY trade alerts we posted into our discord channel have accumulated +370 pips in profit so far.
EUR tops our live forex strength vs weakness tables as S1 (Strong 1).
Our momentum dashboard shows GBP gaining strength too, which could lead to further upside for both EURJPY and GBPJPY.
EURNZD is on our radar for today, EUR being S1 and NZD being W3 on the day traders tables.
Last week EURNZD closed bullish and if this were to continue we could see price reach the daily (D1) swing highs of 1.8250, formed on the 24th October.
Moving down to the hourly (H1) time frame chart we can see price is trading above the H1 50 moving average, telling us momentum is bullish.
We also see price has traded through previous H1 resistance highs of 1.8140, these highs could act as support in an upward trend.
FREE Discord Server: Real-Time Alerts, Pending Orders, Live positions & Trade Updates
