Hello traders, we want to check the EURJPY chart. The price is moving in an ascending channel and has pulled back to the specified key level. We expect this level to play the role of a support level for us and maintain the upward trend of the price. If the price increases, we expect the price to increase to around 157,900. Good luck.
At this stage, we supposed that EURJPY has completed the correction wave B This is an running Flag pattern, we focus on the price to breakout the red line to confirme the Wave C is ongoing. Watch for the breakout to catch BIG wave C!
EURJPY is forming a flat. The wide range allows to accumulate enough liquidity before a further surge in the impulse format. TA on the high timeframe: 1) False break of support 154 forms a strong momentum that breaks several local resistances 2) Price passes the key liquidity area of 155-156 and aims for 158 TA on the low timeframe: 1) A break of 156.789 gives...
After a sharp bearish movement, EURJPY is pullback 78.6 percent and touch the upper line of channel. On my view, its time to short it again.
Preferred direction: BUY Comment: As we expected, the price went to 1.11861 and rebounded a bit before reaching the level. So far, the price area near the level of 1.11861 is showing itself as a good support. In the short term, it is assumed that this trend will continue, and the instrument will head towards the round-psychological barrier 1.13000. Thank you...
The EUR/JPY has experienced a significant bounce from a critical support level, which includes the upper boundary of a slightly upward-trending channel that has been in place since last year, as well as an ascending trend line that dates back to March 2023. This rebound has created an opportunity for the currency pair to potentially reach the previous high at...
H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Bearish divergence. Until the two key resistance zones hold my short term view remains bearish here.
Preferred direction: SELL Comment: The focus of market participants continues to focus on the level of 138.667, which is still a support, however, sawing this level will soon indicate its inefficiency. Sellers continue to maintain the initiative, and most likely the instrument will update its local lows in the near future. Thank you for like and share your views!
potential buy on the euro , since price is at a key demand zone
Hey Traders, in today's trading session we are monitoring EURCHF for a selling opportunity around 0.97100 zone, EURCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.97100 resistance zone. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring EURJPY for a buying opportunity around 155.650 zone, EURJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 155.650 support and resistance zone. Trade safe, Joe.
Hello,Friends! We are going short on the EUR/JPY with the target of 153.166 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Just waiting for the break of the previous high after the 4H close in order to look for buys
Here is my analysis for EURJPY on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Hello Everyone, Welcome to FXMYWORLD. I still don't have sell confirmation yet. For sure once we have sell confirmation, it will be big sell. Make sure you do your research and based on your confluence please look for the entry. Don't rush your trades without any confirmation. Thanks in advance for checking my trade idea.
Hey Traders, in tomorrow's trading session we are monitoring EURJPY for a buying opportunity around 155.100 zone, EURJPY was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 155 support and resistance area. Trade safe, Joe.
There is Strong Order Block at M30 TF. Wait for M5 (MSS) before Sell Ride.