In this post, I am going to share with you my analysis for the EURUSD and USDJPY for this coming week 11th to 15th March 2019
I hope that you guys have made some profits from my analysis last week.
For those of you who are in my trade copier service, I hope that you like the profits that I have made for you this week so far.
We will be clocking more profits for this coming weeks as they are good trading opportunity coming.
Below is the screenshot of the profit we have made with the trade copier service for 1st to 10th March 2019
From the screenshot above, you can see that our profit is always more than our losses which is why I often say that risk reward is the key to successful trading.
For those of you who are still struggling in your trading, this is one area you have to look into.
EURUSD Analysis
From the daily chart below, you can see that the price is in a strong downtrend
From the 4 hourly chart below, you can see that the price is in a strong downtrend plus the price has hit a resistance.
From the 15 minutes chart below, you can see that the price is being resisted by the 200 EMA
As a whole, I will be looking to SELL the EURUSD this week
USDJPY Analysis
From the weekly chart below, you can see that the price is being held within a symmetrical triangle and the price is being supported by the 100 EMA
From the daily chart below, you can see that the price is being held by 3 EMAs which forms a very strong level of support
From the 4 hourly chart below, you can see that the price is being supported by the 200 and 100 EMAs
From the hourly chart below, you can see that the price is being supported by the 400 EMA
As a whole, I will look to BUY the USDJPY for this week
If you are interested in joining my Fx trade copier service, please click on the link below for more information
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