{"id":11912,"date":"2010-08-11T09:20:36","date_gmt":"2010-08-11T13:20:36","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=11912"},"modified":"2010-08-11T09:20:36","modified_gmt":"2010-08-11T13:20:36","slug":"eurjpy-provides-bullish-signals","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/08\/11\/eurjpy-provides-bullish-signals\/","title":{"rendered":"EUR\/JPY Provides Bullish Signals"},"content":{"rendered":"<p><strong>By Anton Eljwizat<\/strong> &#8211; The EUR has dropped significantly versus the JPY in the past several  days, and is currently traded around 111.55. And now as evident in the  data below, the 4 hour chart is giving bullish signals, indicating that <a href=\"http:\/\/www.forexyard.com\/en\/trading\/eur-jpy\">EUR\/JPY <\/a>pair  might go up. Forex traders can take advantage of this impending  movement by having their Entry Orders in place to capture this reversal.<\/p>\n<p>\u2022 Below is the 4-hour chart of the <a href=\"http:\/\/www.forexyard.com\/en\/trading\/eur-jpy\">EUR\/JPY <\/a>currency pair.<\/p>\n<p>\u2022 The technical indicators that are used are the William Percent Range, <a href=\"http:\/\/www.forexyard.com\/en\/relative-strength-index-rsi\">Relative Strength Index (RSI), <\/a>and <a href=\"http:\/\/www.forexyard.com\/en\/stochastic\">Slow Stochastic<\/a>.<\/p>\n<p>\u2022 Point 1: <a href=\"http:\/\/www.forexyard.com\/en\/stochastic\">The Slow Stochastic<\/a> indicates a bullish cross, signaling that the next move may be in an upward direction.<\/p>\n<p>\u2022 Point 2: Point 1: <a href=\"http:\/\/www.forexyard.com\/en\/relative-strength-index-rsi\">The Relative Strength Index (RSI)<\/a> indicates that the price of this cross currently floats in the oversold territory, signaling upward pressure.<\/p>\n<p>\u2022 Point 3: The Williams Percent Ranges is showing that this pair is  heavily over-sold and may be experiencing strong upward pressure.<\/p>\n<p>EUR\/JPY 4-Hour Chart<\/p>\n<p><a href=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/08\/EUR-JPY-11-8.JPG\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/08\/EUR-JPY-11-8.JPG\" alt=\"\" width=\"475\" height=\"615\" \/><\/a><\/p>\n<p><em><strong>Forex <\/strong><strong>Market Analysis provided by <a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">ForexYard.<\/a><\/strong><\/em><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and                                            may not be suitable for all          investors.       There    is  a              possibility       that             you   could       sustain a  loss   of  all   of     your                 investment and            therefore  you         should   not       invest        money  that   you            cannot  afford to            lose. You         should    be      aware of      all       the     risks         associated     with     Foreign        Exchange         trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Anton Eljwizat &#8211; The EUR has dropped significantly versus the JPY in the past several days, and is currently traded around 111.55. And now as evident in the data below, the 4 hour chart is giving bullish signals, indicating that EUR\/JPY pair might go up. Forex traders can take advantage of this impending movement &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/08\/11\/eurjpy-provides-bullish-signals\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;EUR\/JPY Provides Bullish Signals&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-11912","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/11912","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=11912"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/11912\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=11912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=11912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=11912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}