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 !
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EUR/JPY appears to have rejected a move lower on Monday when it traded down to 159.58. That dip broke below two previous lows and the 55-day Simple Moving Average (SMA) before closing back above all of them at the end of the session. The sell-off could be interpreted as a stop-loss take-out rather than an emerging bear market. In any case, the ascending trend...
Future currency rate of the currencies is predicted at 249.72750600848 (57.811% ) after a year according to our prediction system. This means that if you invested $100 now, your current investment may be worth $157.811 on 2024 September 06, Friday.
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
⚡️Powell acknowledged that the economic landscape is more favorable today than it was a year ago. However, he emphasized that the US central bank is ready to raise interest rates if needed, noting that a growing economy will come with the risk of rapid inflation again. ⚡️The Bloomberg Dollar Spot Index rose 0.2 percent to its highest level since early June as...
Last week, the EUR/JPY pair surpassed the level of 159.47 and reached 159.75 before experiencing a reversal. As of now, the downside movement has been limited above 156.85, resulting in a neutral bias for this week initially. If the price breaks below 156.85, it will shift the bias to the downside towards the 55-day Exponential Moving Average (currently at 156.17)...
As we all know that the economic condition of Japan is not fine, and they are also facing natural disasters. I still believe that Yen will remain weak in coming week. Better to look buying opportunities on such pairs which have YEN.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Here is my analysis for EURJPY on H4 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!
EURJPY could short after reaching the trendline resistance at the apex of the current descending channel. The price could experience a significant short after hitting the 158.420 resistance. The price could drop to the next required support level at 156.885.
EURJPY last week was seen at the start of bearish, it has not been proven that there is a big bearish trend, this bearish possibility is just a correction. you can take a chance with the boundaries of wave B in the QM area. use the right money management to trade in this pair.
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!
(This is the continuation of the previous post - attached - which became overly long.) Currently; SHORT off of that "before last" Stop Hunt @150.125, with very tight stops (<12 pips and excellent R/R ratio), just below major resistance. This is a long term Short Entry attempt. (However, the main set up/position is in the GBPJPY, with superior R/R...
EUR/JPY’s break of 158.03 resistance last week confirmed up trend resumption. But as a temporary top was formed at 159.20, initial bias is turned neutral this week for some consolidations first. Downside of retreat should be contained above 155.51 support to bring another rally. On the upside, break of 159.20 will target 61.8% projection of 139.05 to 157.99 from...
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? Because Jpy fair value gaps are unfilled in a 1- hour time frame. Although last week EURJPY proved that, It's Changing its character and Also Sellers proved that the Market structure...
GBP-JPY wis retesting a Strong horizontal resistance Level of 183.087 from where I think we will see a local Bearish correction !