Main Quotes Calendar Forum
flag

FX.co ★ Technical analysis of EUR/JPY for May 30, 2018

parent
Forex Analysis:::2018-05-30T00:49:57

Technical analysis of EUR/JPY for May 30, 2018

Technical analysis of EUR/JPY for May 30, 2018

The bias of the EUR/JPY pair on the 4-hour chart is still bearish. This has already been spotted by the price move in a downward sloping channel and below moving average. As we see there is a Divergence between the Stochastic Oscillator and the price. Because of this fact, the pair is likely to make correction to upward channel level before the price gets back to the down side again.

(Disclaimer)

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...