In this video, I analyze the EUR/JPY currency pair, which has been consolidating since September last year. I use a combination of technical analysis, including the daily fair value gap, and fundamental analysis, looking at news impact and COT data, to identify a potential short-term buy trade setup. I discuss the factors influencing the Euro and Japanese Yen and how commercial traders' positions might indicate a move.
0:00 - Introduction: Seeing something on EUR/JPY
0:08 - EUR/JPY Consolidation Analysis
0:20 - Weekly Fair Value Gap
0:36 - Daily Fair Value Gap
0:57 - Fundamental Analysis: News Impact
1:33 - COT Data Analysis
2:10 - Potential Short-Term Buy Trade Setup
2:18 - Discussing Trade Details (2 R:R)
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Currency strength meter (Bars):
https://www.fxblue.com/market-data/currency-strength
Currency Strength Trend (Line graph):
https://marketmilk.babypips.com/currency-strength
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Website to determine what to trade: marketmilk.babypips.com
Open an Exness account:
https://one.exnesstrack.org/a/oa8635h24z
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Disclaimer:
Trading is risk and you may loss your investment. I am not a licensed financial advisor nor do I give directions on how to spend or invest your finance. Please do your due diligence to research and learn trading and anything involving finance before you go spend money on it.
Тэги:
#EUR/JPY #Forex #Trading #Technical_Analysis #Fundamental_Analysis #Fair_Value_Gap #COT_Data #Currency_Trading #Trading_Strategy #Forex_Analysis #EURJPY_Analysis #Trading_Setup #Short-Term_Trading