Please, check our technical outlook for EURJPY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 157.335. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 159.222 level. P.S We determine...
EURJPY - 24h expiry Posted a Bullish Hammer Bottom on the Daily chart. This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher. The hourly chart technicals suggests further downside before the uptrend returns. We therefore, prefer to fade into the dip with a tight stop in anticipation of a...
EURJPY - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy EURJPY Entry - 157.08 Stop - 156.12 Take - 159.22 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Since the end of February low under 140, EurJpy rose strongly, more than 2000 pips and almost touching 160 important figure. In August, the pair consolidated, and this consolidation could very well be distribution. Now the pair is trading under 157 zone support and a daily close under this support could lead to further losses. As long as the 158.70 high is intact...
Today's focus: EURJPY Pattern – Range support test post LH trend break. Support – 157.05 – 155.85 Resistance – 158.40 – 159.40 (area) Thanks for checking out today’s update. Today, we have run over the EURJPY, breaking down the overall price picture and levels we are watching. The JPY has started the week on a strong note with solid gains so far to the EUR,...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Hello everyone. I want share my idea about EURJPY pair. Couple weeks ago we this pair was in 2008 strong weekly sell zone after strong price up movement. from here we got 2 rejection at high timeframe, when it touch second time it made some liquidity and came strong down. i am not saying EURJPY will change trend but i think we will have some price correction here...
I was bearish on eurjpy for the last week due to the weekly and daily charts, however, when I look at the 2w timeframe there is a completely different bias because on the last third candle price successfully engulfed its previous candle high and it seems like it is picking up orders especially on the psychological level at 157 twice for the next move to the highs.
The pair has maintained a sustained upward trajectory for an extended period. Building on the success of our last week’s analysis, we anticipate a continuation of this upward trend in the upcoming week’s trading session. Our strategy is visually represented by the arrow’s direction on the chart. Stay tuned for more comprehensive updates in the forthcoming week.
Preferred direction: BUY Comment: The extreme ideas for the franc gave were the most effective, we considered buy-deals. Now the story is the same, and the power of the buyer is still great. At the moment, we expect growth to 0.9000 Thank you for like and share your views!
Preferred direction: BUY Comment: Yesterday's attempt to continue growth in the dollar was not successful; it only succeeded in taking a small part of the distance for all previously analyzed instruments. As for the Japanese yen, everything remains in favor of buyers, and we continue to expect short-term growth towards the level of 148.500. Thank you for...
EURJPY - Intraday Indecisive price action has resulted in sideways congestion on the intraday chart. A Doji style candle has been posted from the base. This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher. The hourly chart technicals suggests further downside before the uptrend returns....
EUR/JPY is looking overbought on higher timeframe charts as it tests once again a tough barrier at the 2014 high of 149.75. Looking at the Directional Movement Index (DMI), the rebound from mid-May appears to be a consolidation, rather than the start of a new leg higher. The Plus DMI and Minus DMI are under 25, suggesting non-trending/range conditions. However,...
Price could retrace back to the 50% fibo retracement and at the overlap support level, which is right around our buy entry at 157.83. Our stop loss is at 157.24, which is a multi-swing low support level. Take profit is at 158.42, which is a multi-swing high resistance level, aligning with the 50% retracement and 78.6% fibo projection. High Risk Investment...
Preferred direction: BUY Comment: This currency pair did not break through the level of 144.900 and the price began its next rapid growth. We also assumed such a scenario in previous ideas, although the main idea was in shorts. Now the fall is not yet expected and growth is considered confidently to the level of 149. The level of 150 is also considered. There,...
From h4 time frame, we can clearly that price is now re-testing strong demand zone ( QUASIMODO buy pattern). Let's monitor price action and look for buy entry FX:EURJPY OANDA:EURJPY FOREXCOM:EURJPY
waited for bullish confirmation - there was flexibility on the clean traffic to the left but once bull candle closed, there was clean traffic, only underneath multiple red candles in uptrend - good setup over all!
EURJPY Sell Swing Stop Loss: 158.9 Targets: 158.1 158.0 157.7 157.4 157.0 156.0 155.0 154.0