EURJPY sell the rallies - 6 November 2025 #eurjpy #hometraderclub #forexsignals
In this short market commentary, Vladimir Ribakov explains why he views the EUR/JPY pair as a "sell the rallies" opportunity. He starts with the 4‑hour chart, noting a bearish divergence where price makes higher highs while the MACD makes lower highs, followed by a bearish convergence where both price and the MACD histogram make lower highs, indicating full synchronization of bearish momentum. He then moves to the 1‑hour chart, describing a classic bearish price structure with three lower highs and lower lows, and a retracement that is currently testing a broken support level that has turned into resistance. This resistance aligns with two weekly pivot zones – the previous weekly pivot zone and the current weekly pivot level – which he cites as key levels to hold for the trade. As long as these pivot levels remain intact, he recommends a short bias, selling the rallies. The video concludes with a call to read the full article on his blog (VladimirRibakov.com) and to join the Home Trader Club for courses, real‑time trading opportunities, and education.
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