EURJPY has just hit a major resistance at 157.20. I am waiting for a confirmation of lower market structure on the lower timeframes...
Looking for EURJPY to head into this resistance zone to either break it or get rejected by it. Let me know what you think!
Price is in an uptrend but is very bullish and in theory should be looking for buys although is approaching an area where price has been unable to break above and the last time price was at the area above structure was in 2008 so am quite hesitant especially with the lack of volume at present. So will wait and so how price reacts at the top of structure
Preferred direction: SELL Comment: After a week of meetings of central banks, the currency pair came close to the level of 142.204. At the moment, a potential false breakout has been forming, and if the price closes below 142.204, we can expect a fall to 140.230, and even to the lower border of the current price range under consideration. Thank you for like...
Pair Name : EUR/JPY 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— Bearish Break...
Pair Name : EUR/JPY Time Frame : 4hrs Scale Type : Large Scale Analysis Way : Volume + Classic + High & low + Market Map Direction : Short 📋 Educational —————**- 🗒 Just browsing through my analysis means a lot to me. ➡️ Update - ———— VIP Opportunity Take Profit 1 Account Growth = 5 % Pip' Achieved = 50 PIP
Pair Name : EUR/JPY Time Frame : 4hrs Scale Type : Large Scale Analysis Way : Volume + Classic + High & low + Market Map Direction : Short 📋 Educational —————**- 🗒 Just browsing through my analysis means a lot to me. ➡️ Update - ———— VIP Opportunity Take Profit 1 + 2 + 3 + 4 Account Growth = 20 % Pip' Achieved = 200 PIP
Hello,Traders! EUR-JPY was trading in a Rising wedge but we are Now seeing a bearish Breakout so I am now Bearish biased and I think That the pair will Go further down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
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,Friends! It makes sense for us to go short on EUR/JPY right now from the resistance line above with the target of 153.337 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
Hello everyone, price has reached the strong resistance area, there is a possibility of double top.. I have plotted 3 targets, tp3 is possible if there is a full swing. so chances are slim since Jpy has been weak among all currencies for past month.. good luck
Hi Traders, Eurjpy had been in downtrend. We would like to continue following the trend. We will be looking for sells targeting 0.5 fib level measuring from the current low. Our target area will be 153.5. If price breaks our bullish trendline, it will be our first signal to look for sell. Look for clear and obvious confirmations. Our stoploss will be above...
EURJPY is coming up for fresh air but the bears are lurking. the video explains prospects of a short set up for next week.
EURJPY is rising towards a pullback resistance that aligns with the 38.2% Fibonacci retracement. Price could hit the sell entry at 153.874 and potentially reverse to drop lower. Take profit is at 151.613 which is an overlap support. Stop loss is at 155.207 which is a pullback support that aligns close to the 61.8% Fibonacci retracement level. Please be advised...
Preferred direction: SELL Comment: A busy week for the Japanese yen, which so far closes the USDJPY pair in the red zone at the end of the week. Earlier, we were just counting on a fall, trading ideas that were fully worked out in a plus. At the moment, the instrument is trying to re-test the level of 138.667 as part of the medium-term movement. The...
Preferred direction: BUY Comment: After yesterday's macroeconomic statistics, the currency pair dropped sharply to the support level of 1.09623. Such a rather aggressive approach favors a rebound from the level, thereby generating growth for the instrument. Growth from this level is expected in the very near future, as long-term accumulation will already...
EURJPY is rising towards a pullback resistance that aligns with the 38.2% Fibonacci retracement. Price could hit the sell at 153.774 and potentially reverse to drop lower. Take profit is at 151.613 which is an overlap support. Stop loss is at 155.183 which is a pullback support that aligns close to the 61.8% Fibonacci retracement level. Please be advised that...
EURJPY is still in an uptrend. at the level of the key resistance zone 158.89, if the price does not break the resistance We expect that there is a chance that the price will fall in the short term, consider selling. >> GooD Luck 😊