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
Eurjpy, have been bearish since last few months, therefore the current market pullback is short termed and that is why price moved back sharply, there are also other main factors that will influence the price of EURJPY, such as weaknening JPY as there is no sign of investors having any interest on buying the currency as long as DXY remain bullish. Here what we...
EUR-JPY broke the rising Support line and the breakout Is confirmed which makes us Bearish biased and we will be Expecting a further move down !
Educational Analysis says EURJPY may go SHORT. According to my technical. This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why SHORT? On the 1HR timeframe, the pair is making LOWER HIGH AND LOWER LOWS. I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS PRICE WILL RANGE (FROM 124 - 148) IN THIS ONLY IF THE COMING DAYS GO...
Expecting price to break the support below and drop to 156.042, wait for a clear breakdown and retest before taking this 90+ pips setup . Always apply risk management, all the best.
From a broader perspective, it seems like Eurjpy is still in a bullish trend. When we draw the Fibo Retracement for the last swing, the price has responded positively to the SND area in Fibo 0.5 and has reached Fibo 0.382. Currently, the price has successfully penetrated the trendline and formed a bullish pattern, which indicates that the price is likely to...
EUR-JPY is already making A pullback from the horizontal Resistance at 158.288 And I think that we will See a local move down !
Hello Traders In This Chart EURJPY HOURLY Forex Forecast By FOREX PLANET today EURJPY analysis 👆 🟢This Chart includes_ (EURJPY market update) 🟢What is The Next Opportunity on EURJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
In my weekend analysis about Jpy crosses I said that we should keep a close eye on these pairs because, although UsdJpy is still in a strong up trend, cross pair may have topped. In EurJpy's case, yesterday the pair had a spike up, this spike was very short-lived lived and EurJpy reversed strongly and closed the day with a huge bearish engulfing. At this moment...
A few days back I discussed UsdJpy, saying that even though there is a high divergence between FED's and BoJ's policy, at the same point the pair could reverse hard. In EurJpy's case, however, things are not exactly the same and technically, we even have strong signs of topping. Looking at the h4 posted chart we could see that for a month and a half now the pair...
OANDA:EURJPY BACK AGAIN TO 159.321 SUPPLY AREA? making a perfect bullist triangle to go long at FOREXCOM:EURJPY 158.390 immediate supply and for the next rea is at 159.321
Since the end of February low under 140, EurJpy rose strongly, more than 2000 pips and almost touching 160 important figure. In August, the pair consolidated, and this consolidation could very well be distribution. Now the pair is trading under 157 zone support and a daily close under this support could lead to further losses. As long as the 158.70 high is intact...