The analysis of the pair suggests that the upward correction is close to completion and this week we can expect the continuation of the downward movement. All this means that it is time to cover longs and take short positions. Recommendations. 1. Levels for short entry: 161.50; 163.40. 2. Target: 156.00 3. Pay attention to the size of swaps on short positions of...
There wasn't much news of note on the day, except for some news regarding the energy market. Qatar has reportedly suspended LNG transport through the Bab el-Mandeb Strait (Suez Canal). Houthis fire cruise missile at US Navy ship Oil prices have risen, but not by a large amount Political news: William Lai was elected president of Taiwan in Saturday's...
Pair : EURJPY ( Euro / Japanese Yen ) Description : Rising Wedge as an Corrective Pattern in Long Time Frame with the Rejection from the Upper Trend Line. Completed " 1234 " Impulsive Wave and Completed the Break of Structure and Retracement with Strong Divergence
Welcome back! Let me know your thoughts in the comments! ** EURJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Hello traders! ‼️ This is my perspective on EURJPY. Technical analysis: We can see here that price changed the character and started to form higher lows and higher highs, so I look for a long position. I want price to make a retracement to fill the imbalance lower and then to reject from bullish order block. Like, comment and subscribe to be in touch with my content!
Hello Traders! This is my idea related to EURJPY H2. I see a retracement from the resistance level of the channel and also a small retracement (15M - 30M), to close the imbalance and to react from OB. Now I see a good opportunity to execute a short trade until the price of 155.800. Traders, if you liked my idea or if you have a different vision related to this...
Here I forecast EURJPY and found it very interesting, my area of interest is 158.500 level , And I want to see how the price is going to react to that level , whether 154.00 zone was indicating a double bottom and as a reversal . Let Price indicate that for ours guys.
EURJPY recently displayed a break in both the trend line and the support zone, followed by a subsequent pullback to the established zone. Despite encountering some market fluctuations, current indications suggest a potential downturn towards the specified level. Your thoughts and comments on this analysis carry significant value and are greatly appreciated. If you...
Mitsubishi UFJ Financial Group (MUFG) President Hiroki Kamezawa stated in an interview with Japanese media outlet Asahi Shimbun: The BoJ is gradually achieving its price target and wage hike "This is only a matter of time." The negative interest rate policy could be eliminated as early as 2024 due to positive developments in wages and prices. This policy has put...
OANDA:EURJPY cross extends its downside near 156.60 during the early European session on Thursday. That being said, the upward revision of economic growth estimates by the Japanese government lifts the Japanese Yen (JPY) and creates a headwind for the OANDA:EURJPY cross. From the technical perspective, OANDA:EURJPY keeps the bearish potential intact as...
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.
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 !
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.
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 is moving in an Ascending channel on the 4 Hour Time Frame and the market has rebounded from the higher low area of the channel. We expect the pair to re-test the key support levels listed on the chart, We are taking this trade based on technical analysis and candlestick patterns. These are long-term trades, It is advisable to have enough margin to...
OANDA:USDJPY Short remains the strategy and constant weekly program until low 140.00's trade. The downside potential for OANDA:USDJPY is enormous. OANDA:USDJPY short, medium and long term trades massive massive overbought. The target at 140.00's is bare minimum. For the week, OANDA:USDJPY targets low 150.00's. OANDA:EURJPY The OANDA:EURJPY ...
OANDA:EURJPY clipped the 161.00 handle on Tuesday, etching in a 15-year high as the pair clatters along the ceiling heading into a round of EU Retail Sales figures. OANDA:EURJPY bump into the 161.00 handle sets a fifteen year high for the pair, and is continuing to push further away from the 50-day Simple Moving Average (SMA) after rebounding from last...
after closing above the previous high , we can take long position