EUR/JPY has recently experienced a corrective bearish move, creating an opportune moment for traders to consider a long position in this currency pair. This bullish analysis highlights the potential for a reversal from the corrective downtrend, with key technical and fundamental factors supporting the long signal for EUR/JPY. Technical Analysis: Fibonacci...
Analysis: Strong upwards trend (bullish confluence factor) 50% fib retracement touch (bullish confluence factor) Upwards trendline touch (bullish confluence factor) EUR strongest major currency (bullish confluence factor) JPY weakest major currency (bullish confluence factor) 40K long position increase for the EUR (bullish confluence factor) 27K short...
EURJPY could be about to work the lows to come higher again.
Atfer taken liquidity of the buyside and change of character we will see a continuation of the downtrend we consider FVG an entry point - Trading is probality control you risk management Good Luck !
Retest aka W pattern forming on Eurjpy. Orderblock retracement. FX:EURJPY
Eurjpy analysis is still in accordance with the roadmap that I gave last week. Bearish prices head to SND. there is a possibility that there is a correction before continuing the bearish trend again
Hi viewers, EURJPY price on zone, after long bullish run, here now expecting changes in this week. TP1: 154.800 (100) TP2: 153.800 (200)
On EURJPY, we have a bearish setup with the price retracing to the 0.5 Fibonacci level at 156.25, where it formed a pin bar. Personally, I used this pin bar as a signal to enter a short position on this trade with a target of 155, which is the previous H4 low. Let me know what you think. Happy trading to everyone from Nicola, CEO of Forex48 Trading Academy.
Price is falling to our buy entry at 155.25, and this is an overlap support level, aligning with the 61.8% fibo retracement and projection. Take profit is at 157.91, which is at the multi-swing high resistance level. Stop loss is at 153.82, which is at a swing low level. Please be advised that the information presented on TradingView is provided to FXCM...
EURJPY is falling towards a key overlap support and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 155.247 Why we like it: There is an overlap support that aligns with a confluence of Fibonacci levels, namely the 61.8% retracement and 61.8% projection Stop Loss: 153.720 Why we like it: There is a swing-low...
EURJPY is falling towards an overlap support that aligns with a confluence of Fibonacci levels i.e. the 61.8% retracement and 61.8% projection. Price could hit the buy entry at 155.258 and potentially reverse to bounce higher. Take profit is at 157.947 which is an overlap resistance at the recent swing-high. Stop loss is at 153.805 which is a swing-low...
EURJPY is trading in a long-term bullish trend. After the price reached a 158 level, the market retraced to a rising trend line. The market is approaching the highs again now. Bullish breakout of the underlined blue area and a daily candle close above that will be a strong trend-following signal. A bullish continuation will be expected to 160 level...
Eurjpy broke the last LH now it might be possible it will touch our zone
This is a very detailed technical analysis of EUR/JPY showing vital areas and trading opportunities. Kindly watch, like, share and comment for more contents. Tell me in the comment section the pair to analyze next.
This week, three of the world's most watched central banks are scheduled to announce their monetary policy decisions. The Federal Reserve will be the first to make its announcement on Wednesday at 2:00 pm, followed by the ECB on Thursday at 8:15 am, and the Bank of Japan later on Thursday at 11:00 pm (NY time). This convergence of central bank activities may lead...
EURJPY in Bullish Trend. Placing a Buy limit order at Trendline Support.
Hello,Traders! EUR-JPY is trading in an Uptrend and the pair has Retested the rising support So I think we will see A local move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
EUR/JPY bears in the market and eye break of support. M formation eyed on H4 chart.