Key News: USA - United States - Independence Day Australia - RBA Interest Rate Decision (Jul) Wall Street's main indices closed with modest gains on Monday in a shortened session, as Tesla (NASDAQ: TSLA) surged and bank shares showed resilience, signaling a subdued start to the second half of the year. Driven by news of record-breaking vehicle deliveries in the...
Hello,Friends! EUR/JPY pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 152.705 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
TRADE IDEA: EURJPY is also on my watchlist today as am anticipating for selling opportunities to break below my supporting trendline further till 157.256,from there we can sell if the market can break below it for more selling opportunities.
- Looking to break the resistance zone around 157.90 for further bullish movement toward 158.50 - 159.000 levels. - Very bullish pair, looking to keep in line with this trend - Entry was at 157.05, stop moved to entry - MACD indicating bullish movement
EURJPY targets a monthly congestion area but there are prospects of a double top.
Hey Traders! I believe EURJPY will continue going up due to the following: - Recent bullish engulfing candlestick on 4h with MA bounce. - Although it's near the psychological level 158, we are likely to re-test it because it's forming recent higher highs. - The pair managed to pass 157.00 level which was a previous strong pivot level - COT Data is in favour...
EURJPY Breakout Trade, place buy and sell stop. Manage your risk according to Account Size!
My dear subscribers , EUR/JPY looks like it will make a good move, and here are the details: The price is coiling around a solid key level - 157.397 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. Target - 158.079 Recommended Stop Loss -...
Hello,Traders! EUR-JPY will keep growing Because the pair is in The strong uptrend and Is already making a rebound From the horizontal Support level below at 156.842 Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
To properly represent (and trade!) the Yen related pairs, it is strongly recommended to create a Yen-based currency basket. (I did attempt to import data into TV from such a basket - weighted by the acceleration differential between the USD, EUR, GBP, AUD, CAD, CHF and a basket of Central European currencies versus the Yen but for some reason I couldn't make...
The price of EURJPY will most likely increase soon enough, due to the demand beginning to exceed supply which we can see by looking at the chart of the pair. ❤️Please, support our work with like & comment!❤️
Do not think that the pair is overbought and it will now, look at Japan economy and their policy. Japan will strong but not now. They are doing great work but their currency is weak against the all pairs.
✅EUR_JPY is trading in an Uptrend and the pair has Retested a local horizontal Support level of 156.699 And made a nice bullish Rebound which makes us Expect a further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
My dear subscribers , EUR/JPY looks like it will make a good move, and here are the details: The instrument tests an important psychological level 157.519 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Goal - 155.578 My Stop Loss -...
Hello traders. Looking into this pair I can see that EUR longs are becoming exhausted. Currently we are in extremely overbought territory. On the daily we have the RSI coming out of overbought and on the 4H we have massive divergence. Also on the 4H we have broken support. However we have now come in contact with a daily support zone. I am expecting price to...
Hello,Friends! Previous week’s green candle means that for us the EUR/JPY pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 152.154. ✅LIKE AND COMMENT MY IDEAS✅
EURJPY is falling towards a key overlap support. Price could hit the buy entry at 156.754 and potentially reverse to bounce higher. Take profit is at 158.731 which is a resistance at the 127.2% Fibonacci projection level. Stop loss is at 155.246 which is an overlap support. Please be advised that the information presented on TradingView is provided to FXCM...
The recent correction seems to have dived a bit too close to short-term support. This raises the question, were institutions building liquidity to continue bullish momentum, or are we seeing signs of diminishing demand? The answer will be determined by the ability of the price to break out of the trading range with enough volume to sustain a clear direction &...