📈 2H Forex Reversion Setup: USDJPY & EURUSD Cross Confluence
This chart highlights a great example of inverse correlation confirmation between major FX pairs using the ELFIEDT X-REVERSION indicator.
✅ USDJPY gave a clean BUY signal at the low of the move, shortly before a major reversal kicked off.
✅ At the same time, EURUSD flashed multiple SELL signals at its high, confirming a strong rejection.
📍 This is how we look for directional confluence across pairs:
EURUSD moves up while USDJPY drops → both reach reversion zones
RSI reverses on both, with visual confirmation from signal labels
Strong shift in USD strength confirmed across charts
🧠 Key Insight: When a USD-based pair like USDJPY prints a buy while a pair like EURUSD prints a sell, it’s often a high-quality reversal zone. The more aggressive the move before, the better the reaction after.
💡 Use this kind of cross-checking to increase confidence and build multi-symbol precision.
This chart highlights a great example of inverse correlation confirmation between major FX pairs using the ELFIEDT X-REVERSION indicator.
✅ USDJPY gave a clean BUY signal at the low of the move, shortly before a major reversal kicked off.
✅ At the same time, EURUSD flashed multiple SELL signals at its high, confirming a strong rejection.
📍 This is how we look for directional confluence across pairs:
EURUSD moves up while USDJPY drops → both reach reversion zones
RSI reverses on both, with visual confirmation from signal labels
Strong shift in USD strength confirmed across charts
🧠 Key Insight: When a USD-based pair like USDJPY prints a buy while a pair like EURUSD prints a sell, it’s often a high-quality reversal zone. The more aggressive the move before, the better the reaction after.
💡 Use this kind of cross-checking to increase confidence and build multi-symbol precision.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join us to get free access to all indicators we created!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.