Release： 10/30/2022 20:03

Update： 10/30/2022 20:03

Series

We deliver daily day trading strategies for Euro Dollar (EURUSD) and Dollar Yen (USDJPY).

FX Today's Trading Strategy 10/31

〇EURUSD Euro Dollar

・Friday’s Trade

On Friday it ranged around the 0.9950 level.

No setup was confirmed, so no trade.

・Market Environment and Today’s Strategy

The week ended with a bullish candle.

Buyers were strong from 0.960.

Today, the 0.9950 level is likely to be watched as a focal point.

This rate is a pullback from the last week's upward move, so I want to pay attention to price action around this area.

・Friday’s Trade

On Friday, at the rate of 146.0 I saw a firm move, so I entered long.

I held as it easily broke through the resistance I was watching. +94 pips

・Market Environment and Today’s Strategy

It formed a pullback within a long-term uptrend.

It’s moving to retest higher levels again.

It’s a move to target higher highs again, but there should be some resistance at key levels.

Be mindful of price levels such as recent Friday highs.

Popular articles in the series

Trading from the Previous Day・USDJPY Dollar-Yen (15-minute chart)Last Friday, since the support at 1

Trading from the Previous Day・USDJPY Dollar/Yen (15-minute chart)Yesterday I went short as soon as t

Yesterday's Trades・USDJPY Dollar/Yen (15-minute chart)Yesterday, there was a sharp rise in the morni

Yesterday's Trades・USDJPY Dollar-Yen (15-minute chart)Last Friday moved in the lower price range. No

Trade from the Previous Day・USDJPY Dollar/Yen (15-minute chart)Yesterday, there was little price mov