Hi friends, I brought the FOREX interesting charts
The buying force is making adjustments by beating the sell-off and rising.
If the Fibonacci 0.618 section is set as the primary target and breaks upward, the AB=CD pattern can reach the 1 value D
We expect further downside on this pair, signalled by the formation head and shoulders pattern breakout. We can also see the breakout of a short-term trendline and key level supports our directional basis
Welcome . My analysis of the EURJpy pair on the four-hour frame. Everything is explained in the analysis. Please comment if there is ambiguity in the analysis. Or you didn't understand anything. I will be happy to respond. Good luck everyone
Pair : EURJPY ( Euro / Japanese Yen )
Description :
Completed " 1234 " Impulsive Waves
Break of Structure
RSI - Divergence
Falling Wedge as an Corrective Pattern in Short Time Frame with the Breakout of Upper Trend Line
HELLO TRADERS
As I can see EURJPY is testing a strong support zone on Friday. we expected on Monday markets opening it will start to move upside till design given levels Friends it just a trade idea Kindly share Ur thoughts with us on EURJPY.
Stay Tuned for more Updates!!
The yen weakened sharply after the BOJ`s first hobby charge hike in 17 years, with USD/JPY hovering toward 150.
BOJ improved hobby fees with the aid of using 0.1%, bringing hobby fees to the impartial area after almost a decade of keeping bad hobby fees. The financial institution additionally signaled an cease to its yield curve manage and asset buy...
EUR/JPY recovers its intraday losses as the Japanese Yen (JPY) strengthened following Japan’s Gross Domestic Product (GDP) data showing Japan's economy returned to growth in the last quarter of 2023, thus turning away from a technical recession. The EUR/JPY cross attempts to rebound from weekly lows, trading around 160.60 during the early European trading hours on...
Most Asian currencies fell on Thursday, while the dollar stopped falling as a series of signals from the Federal Reserve suggested the central bank is likely to keep interest rates high for a while. next.
Weak purchasing managers indexes (PMIs) from Australia and Japan also kept Asian traders in favor of the dollar, as business activity in both countries slowed...
Based on the daily timeframe, eurjpy appears to be adhering to an ascending channel, with the completion of the 5th Elliott wave and the subsequent ABC wave pattern. Currently, it has reached a 78% retracement of the last impulse move, indicating a potential reversal. As the (B) wave concludes, the price is likely to descend further to complete the (C) wave,...
Hello Traders!
This is my idea related to EURJPY M15. I expect a sell-off on the EURJPY, and a market correction on the JPY basket, that's why my bias will be for short entries.
In the first phase, I expect the old highs to be taken before going bearish, it confirms, I will look for short entries.
Traders, if you liked my idea or if you have a different vision...
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 guys,
i am looking forward for a uptrend move in Eurjpy towards 160.30 or above, as per smart money concept we are in deep discount and taken out the sell side liquidity and looking forwards to target the buyside liquidity at 160.30 level on a 2hour time frame . which is deep clean and clear level for sellers and as a SMC trader we love to hunt stops. :)
Hello Traders, here is the full analysis.
Tests resistance and the trend is down, Levels for SELL . GOOD LUCK! Great SELL opportunity EURJPY
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the...
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...
EUR-JPY is trading in an
Uptrend and the pair broke
Out of falling channel pattern
which reinforces our
Bullish bias and makes me
Expect a further move up
After the local correction !
+
1.) weekly momentum candle and then strong candle with rejection
2.) daily orderflow bullish
3.) hit daily fib. level (0.618) / daily level and fvg
4.) 4h divergence on daily orderflow
small pullback then long
