EUR-JPY is trading in a Downtrend and the pair Is making pulback from The horizontal resistance Level of 161.436 so we Are bearish biased and We will be expecting a Further move down !
Hi viewers, EURJPY price on zone, here bearish continuation to expect, +on Friday we have ISM event where expect boost for JPY TP1: 159.800 (150) TP2: 158.800 (250)
Selling only after the break under the HMA and the retest of the HMA **This is just my trading thought process and does not constitute as financial advice. **Please trade with proper risk management**
My dear friends, EURJPY looks like it will make a good move, and here are the details: The market is trading on 161.66 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 162.35 About Used Indicators: Pivot points are a...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
JXY Weekly : Japanese Yen Index is getting rejection at strong Weekly support. Meaning, there will be a SELL pressure for all JPY related pair. For EJ, Multi top pattern got breakout. Let's find SELL pattern.
Here I have EUR/JPY on the 4Hr Chart! I believe we are seeing a Correction in the Bearish direction since EUR/JPY has been traveling in a UPTREND for quite some time! Our current Highest High @ 164.308 on Nov' 16th is the first touch of the Falling Resistance followed by the failed attempt at a Higher High @ 163.719 on Nov' 26th forming what could potentially be...
EURJPY my analysis. this is my idea. I use resistance level. SELL.
Sell EURJPY UNTIL THE RESISTANCE. 1 percent risk. 1:1 RATIO.
FX:EURJPY corrects further down and drops to four-day lows around 162.20 on Tuesday. The continuation of the downward bias carries the potential to drag the cross to the weekly low of 161.20/25 band (November 21) prior to the provisional 55-day SMA, today at 159.40. So far, the longer term positive outlook for the cross appears favoured while above the 200-day...
My dear friends, My technical analysis for EURJPY is below: The market is trading on 163.35 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 162.52 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall...
Good day, traders. We're going to examine the EURJPY. We will short to the 156.00 or 155.00 zone if we have a breakout and retest at the 156.83 support zone.Please take note that the current price movement at the support level is crucial. Please "like" and "follow" my work.
EURJPY Expanding much higher towards a daily Liquidity hunt
Please, check our technical outlook for EURJPY. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 163.399. The above observations make me that the market will inevitably achieve 162.547 level. P.S Overbought describes a period of time where there has...
Hello traders, I would like to see EUR/JPY drop from these levels. We have a nice Fibannoci setup along with a retest area. Share your thoughts and ideas. See more information below 👇
Pair : EURJPY ( Euro / Japanese Yen ) Description : Completed Impulsive Waves " 12345 " and Corrective Waves " abc " and makings its Impulsive Waves ( Bearish ) Again. Rising Wedge as an Corrective Pattern in Short Time Frame and it can Reject from the Upper Trend Line or Fibonacci Level - 78.60% Entry Precaution : Wait for Rejection or Breakout
EURJPY underwent a correction at the onset of the Tokyo trading session following the release of Japan's National Core CPI data on November 24, 2023. Despite the data indicating a slight increase from the projected 2.8% to 2.9%, it's crucial to note that this led to only a minor correction in this currency pair. This correction aligns with market movements...