Release： 11/20/2022 19:03

Update： 11/20/2022 19:03

Series

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

FX Today's Trading Strategy 11/21

〇EURUSD Euro-Dollar

・Friday’s Trade

Friday was a volatile market.

No setup, so no trade.

・Market Environment and Today’s Strategy

Over the past week, a ceiling around 1.0350 has formed.

The weekly chart shows a bearish candlestick, and there is a growing chance of a pullback selling at the weekly level.

Pullback selling is expected, but the timing of a full-scale decline seems to be a bit further ahead.

Basically considering a short, but I want to keep in mind the possibility of this ceiling breaking.

・Friday’s Trade

Friday was a day with no clear direction.

No setup, so no trade.

・Market Environment and Today’s Strategy

It seems the downside has been solidified over the past week.

If it does not drop on a drop, it may be a long-entry timing.

I want to wait for a pullback around 139.50–140.0.

The basic strategy is to go long, but if it breaks lower, consider shorting.

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