The EUR/JPY pair extended its losses for the second consecutive day, sliding to 157.40. Strong retail sales data from Japan contributed to the strengthening of the Japanese Yen. Despite hot inflation figures reported in Germany, with CPI rising to 6.4% (compared to the expected 6.3%), and in Spain, with CPI reaching 1.9% (compared to the expected 1.7%), the...
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.
Price has tapped into weekly supply area and a market structure shift on LTF confirming a retracement to 0.382 Fib level and 4H demand level. Entry: 155.864 TP:153.196 SL: 156.516 RR: 1:4 Follow for more :)
FX:EURJPY Sell Day Trade today EURJPY Sell 155.969 Top 155.600 It has reached the resistance and moving horizontal so good opportunity to sell
Asian stock markets could fall in Monday's trade as investors await to see if the recent sell-off in long-dated bonds will last and could ease pressure on the dong. Dollar. The MSCI index of Asia-Pacific shares (excluding Japan), was down 0.02% at 562, but still near the January high of 574.52. Japan's Nikkei (N225) fell 0.4% after hitting a six-month high on...
there is a considerable possibility to short at the moment. looking at the existing pattern, it could be that wave 2 has formed, you can short with SL restrictions above the invalid area.
From the recent low under 140 and the important 143 resistance break, EurJpy has risen more than 1000 pips. However, in the past months seems like the pair lost its power to the upside and could enter in a range trading phase with a top above 150 and a bottom slightly under 147. The price action in the past 2 trading weeks is drawing a H&S pattern on our charts...
the possibility of wave 5 cannot continue bullish to go higher than wave 3 and now the price looks like a reversal I marked with a bearish confirmation level line. you can go short at this time.
EUR-JPY is about to reteset A strong horizontal resistance Level at 151.141 So IF we see breakout rising Support Then I believe the pair Will go further down !
Predicting continuation of the uptrend EUR/JPY is a forex quote that represents the exchange rate between the Euro and the Japanese Yen. Traders like to borrow the low-yielding Yen to fund carry trades and buy higher-yielding currencies like the Euro during times of optimism. However, during times of market stress, investors tend to avoid carry trades. EUR/JPY...
We can see that the pair has turned bullish after a short correction. We have also identified certain patterns which further support our bullish basis. These have been listed below: 1: The pair is in a strong uptrend as the price is making new highs 2: Trendline breakout 3: Pennant pattern breakout We will wait for the price to correct on the lower time frames...
Pair : EURJPY ( Euro / Japanese Yen ) Description : Bullish Channel as an Correction in Long Time and Rejection from the Lower Trend Line Impulse Correction SMC - CHOCH Break of Structure RSI - Divergence Falling Wedge in STF
#EURJPY - Currently there is an UP SIDE BIAS for EURJPY. XXXJPY CURRENCIES BUY very fast in previous weeks with JPY WEAK AFTER BOJ MEETING. Somehow it is being RECOVERED again. MARKET RISK is still ON. VIX is going DOWN, XXXJPY CURRENCIES SHOULD BE BUY FAST NOW. - Some NEWS coming for the USD will help strengthen the EURO. Because the reason for that is...
Here is my view for EURJPY on H1. 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!
last week I gave a hint that when the blue line is broken by the price then most likely the bulls are back on track. Next week is likely to be bullish by looking at the wave a-b-c notation that has been formed, seeing also the bullish slope of around 45 degrees is also an indication of a strong bullish entry.
A few days ago I've written that EurJpy could resume its up move. Indeed, after the confirmation of 146.50 as strong support, the pair started to rise and reached 149.50. At this moment bulls look tired and in need of a correction, and this could provide short-term traders the opportunity to trade on the sell side. As long as 149.50 is intact there are high...
seeing that there is price compression, it is likely that EURJPY will be bearish for day trade, according to the swing analysis that I shared last week
Fundamental Overview The market is increasingly betting on a weaker USD/JPY. This prediction is based on two main factors - the likelihood of a significant reduction in Fed interest rates and concerns regarding the stability of the US financial system. Additionally, there is the unpredictability of a potential change in BoJ policy, which could significantly...