Financial Instruments Business Operator Kanto Finance Bureau Director (Kinsho) No. 1960 / Membership Association Japan Investment Advisers Association Membership No. 012-02323 Go to GogoJungle Home
icon List
niwa
01/09/2018 10:08
Release： 01/09/2018 10:08
Update： 04/08/2021 02:35
icon
Series
The Daily Mutterings of the Constantly Winning Trader
The old man who has become a constant winner trader posts his market musings. There is also a blog, so those who want to know the essence of the market, please have a look. To those who wish to win in FX trading ~ the path to becoming a consistently successful trader ~ http://jousyou-fx.com/
Article cover image

EUR/USD pauses in its ascent and is highly likely entering a short-term range.

The dollar index has continued to rise since the end of last year, but it seems that the short-term uptrend has temporarily ended.

Regarding the future development of the dollar index, the basic outlook is that the long-term uptrend remains intact and has not been broken.

However, for EUR/USD, it seems likely to enter a short-term range trading phase for the time being.

Looking at past markets as well, after a trend appears on a weekly basis, it tends to enter a reasonable range trading phase.

IMM euro-long positions are piling up, and it seems difficult to form the second wave of a rise until these are unwound.

Currently, a double top has formed on the daily and 1-hour charts, so a heavy upside move is likely to continue.


Blog here for detailed chart analysis, etc.
To those who wish to win in FX trading ~ The Path to Becoming a Constant Winner Trader ~
×
Popular articles in the series
The U.S. government’s continuing resolution passed, clearing the way to end the government shutdown. How long will this farce continue?
In the early hours of the 22nd, the U.S. government’s interim funding bill was approved, and the reo
EUR/USD pauses in its ascent and is highly likely entering a short-term range.
The dollar index has continued to rise since the end of last year, but it seems that the short-term
The USD/JPY pair fluctuates upward toward year-end, but again rebounds at the long-term downtrend line
Ladies and gentlemen, Happy New Year.I look forward to your continued support this year as well.The
Outlook for the market next year 2018
The year 2017 is coming to an end.This year, generally speaking, there was less volatility and many
Australian dollar / euro? (豪ドル/ ドル) Actually "豪ドル/ ドル" typically means "AUD/USD" (Australian dollar / U.S. dollar). The text: "豪ドル/ ドルは反発上昇！ダブル節目の強さを再確認" translates to: "AUD/USD rebounded and rose! Reconfirming the strength of the double milestone."
Only a few days remain this year as well.The AUD/USD that I have been watching since the end of last
See all
■ Important Matters and Risk Warnings Regarding Investment Products 【Financial Instruments Business Operator】
GogoJungle Inc.
Registration: Director-General of the Kanto Local Finance Bureau (Financial Instruments Business) No. 1960
【Member Association】
Japan Investment Advisers Association
【Fees and Expenses】
The use of software, e-books, investment advisory services, etc., provided on our platform involves purchase prices determined for each product.
Additionally, when conducting actual financial instrument transactions (such as FX or CFD trading), costs such as transaction fees and spreads (the difference between the sell and buy price) may be incurred through the connected brokerage firms.
【Margin and Risk of Loss】
Transactions such as FX (Foreign Exchange Margin Trading) and CFD (Contract for Difference) allow for trading in amounts exceeding the deposited margin.
Therefore, due to sudden fluctuations in target indices (currency, commodity prices, etc.), there is a risk of incurring losses that exceed the deposited margin (loss exceeding principal).
Furthermore, financial instrument transactions involve risks such as price fluctuations, which may result in losses falling below or exceeding the initial investment principal.
【Nature of Services and Trading Entity】
The Company operates a platform (marketplace) providing investment software and information; we do not engage in the buying, selling, mediation, brokerage, or agency of financial instruments on behalf of customers.
The services and information provided are intended as reference for investment decisions and do not guarantee future profits or specific results.
While some services include investment advice, they do not constitute a mandate or solicitation to trade specific financial instruments.
Final investment decisions and the execution of trades must be made at the customer’s own risk and discretion.
GogoJungle Inc.
Registration: Director-General of the Kanto Local Finance Bureau (Financial Instruments Business) No. 1960
Member Association: Japan Investment Advisers Association GogoJungle Inc.
Registration: Director-General of the Kanto Local Finance Bureau (Financial Instruments Business) No. 1960
Member Association: Japan Investment Advisers Association
Financial Services Agency Japan Investment Advisers Association Financial Instruments Mediation Assistance Center Securities and Exchange Surveillance Commission

Copyright © 2026 GogoJungle Inc. All Rights Reserved.