Our free forex signals service trade today is a buy order on the EUR/JPY pair. The EUR/JPY pair retreated in the short term after registering an amazing rally. In the short term, a temporary retreat was expected. Still, despite the temporary correction, the bias remains bullish. The pair reached a support zone, the resistance turned into support. Personally, I’m looking for new long opportunities after the current decline. Still, you should be careful today as the Euro-zone economic data could move the pair. Get FREE Forex Signals Now! 3 Free Forex Every Week – Full Technical Analysis Flash Services PMI and Flash Manufacturing PMI Figures In Focus The Euro-zone Flash Manufacturing PMI is expected to drop from 56.4 to 55.4 points, while the Flash Manufacturing PMI could slip lower from 58.6 to 57.0 points. In addition, the German Flash Services could be reported at 55.2 in October below 56.2 points in September, while the Flash Manufacturing PMI is expected at 56.5 far below 58.4. Worse data compared to the previous reporting period signals a slow down in expansion which could be bad for the Euro. On the other hand, the Japanese Flash Manufacturing PMI jumped unexpectedly higher from 51.5 to 53.0 points, beating the 51.6 forecast. Technically, the EUR/JPY pair stands above the 23.6% retracement level. It has developed a minor triangle pattern. A valid breakout from this pattern could bring new opportunities. It could still resume its uptrend as long as it stays above the ascending pitchfork’s median line (ML). Free forex signals – BUY EUR/JPY at 132.84 Free forex signals entry price and take profit Instrument: EUR/JPY Order Type: BUY STOP Entry price: 132.84 Stop Loss: 132.09 TP1: 133.83 My Risk: 1% Risk / Reward Ratio: 1:1.31 Looking to trade forex now? Invest at eToro! Trade Forex Now! 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Olimpiu Tuns Olimpiu Tuns Olimpiu Tuns graduated with a Master in Business Administration and is a seasoned Market Analyst / Trader / Trainer with 10 years of experience in the financial markets having expertise in Forex, Commodities, Index, Cryptocurrencies, and Stocks. He worked as a Market Analyst for three major brokerage companies, as a prop trader, and as a contributor/content creator for news portals and educational platforms. View All Post By Olimpiu Tuns Forex Trading Signals share Read Next USD/CAD Forecast: Falling Wedge Confirmed, 1.24 In Focus Olimpiu Tuns 7 months Our free forex signals service trade today is a buy order on the EUR/JPY pair. The EUR/JPY pair retreated in the short term after registering an amazing rally. In the short term, a temporary retreat was expected. Still, despite the temporary correction, the bias remains bullish. The pair reached a support zone, the resistance turned into support. Personally, I’m looking for new long opportunities after the current decline. Still, you should be careful today as the Euro-zone economic data could move the pair. [su_button url="https://www.forexcrunch.com/visit/learn2trade" style="3d" background="#1d44bb" size="8" center="yes" radius="0"]Get FREE Forex Signals Now![/su_button] 3 Free Forex Every Week –… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
