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...
Still very much on an uptrend and it could reject from were price is, but I would prefer a deeper pullback and a rejection from the yellow line with a 4h close to take price up to previous high
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!
Asian trading volumes on Monday were slightly affected by the Japanese holiday. The yen rose 0.1% after falling to nearly 145 yen to the dollar on Friday. The earthquake that hit central Japan also caused the Japanese currency to suffer its worst weekly decline since late 2022. Post-disaster economic stimulus and recovery measures could delay the Bank of...
- EUR/JPY's marginal decline influenced risk aversion, as the pair fluctuates within a narrow range. - Downward trend persists, with potential supports at 157.03, 156.42 and 156.00 level. - Buyers aim to overcome hurdles at 158.00 and 159.00.
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...
EURJPY get rejected by the resistance zone at the 158.500 level and closed red for the day. ----- I have a feeling it is going to break out the upcoming week and make new highs. ----- We might see some kind of small pullback before EURJPY blasts trough this zone. ----- Will be looking for long positions when this happens. ----- Let me know what you think!
I need to see a 4h Close above daily resistance and a HH close on a smaller time frame to validate an entry to go long. However from a fundamental point I would prefer to go short as I think that has a higher probability. In order to look for the short I would be looking for a 4h close below the 38.2% and the blue zone
Hello Traders! This is my idea related to EURJPY H4. I expect a retracement until the resistance level at the price of 154.000 and after that a Bullish move until the price of 158.400. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your...
Looking for a pull back into our 1H Demand where i will take long positions at the price point of 155.560 , Long swing to the upside potential price target is 163.385 P.S: If I'm lying , I'm dying! #WinOrLoseWeGoingShopping
ON A HIGHER TIMEFRAME, Base on The previous 08 supply. I expect Eurjpy can shoot upto 165, if the EUROZONE would continue to Push there rate hikes. But before that. Now I see a break of previous high, I will wait at retest below atleast 153.800-152.400 zone for best entry, IF you also a aggressive trader I put a line for your entry zone. This is only my...
Hello traders! ‼️ This is my perspective on EURJPY. Technical analysis: Here we can see that price filled firstly daily imbalance and now started to form lower lows and lower highs, so I am bearish. As well we can see that price mitigated bearish order block and rejected from it. Like, comment and subscribe to be in touch with my content!
EUR-JPY - DISCOUNT ZONE? These are my keylevels on daily chart.
Lets wait and see what New York session provides us with opportunitets. We should not stress to much and take unnecessary positions. Wait for a bullish candlestick confirmation. Good luck!
According to Harmonic pattern Fibonacci retracment CCI Diverge,ce
Hello traders! ‼️ This is my perspective on EURJPY. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to make a retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 161.000. Like, comment and subscribe to be in touch with...
EUR-JPY - BROKEN RISING WEDGE? This is a rising wedge almost broken, but need to wait for more confirmation like new daily candle , and support zone broken , wich now is a neckline of this range.
FX:EURJPY accelerates its losses and puts the 159.00 support to the test at the beginning of the week. The continuation of the downward bias appears on the cards for the time being. Against that, the 100-day SMA at 158.62 is expected to offer temporary contention prior to the October low of 154.34 (October 3). So far, the longer term positive outlook for the...