Support Levels: Support 1 @ 156.866: The level at 156.866 serves as an immediate support zone on the hourly chart of EUR/JPY. Support levels are where the price typically finds buying interest and may reverse its downward movement. Traders should keep a close eye on this level, as a breach below it could signal increased bearish pressure. Support 2 @...
A multi-month bearish divergence has formed on the EUR/JPY daily chart. And whilst the trend remains bullish, it has made harder work of gains in recent months whilst the bearish divergence formed. There's also reason to suspect BOJ members are getting read to increase their verbal warning shits, with one member yesterday remining traders that they are watching...
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.
**My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading skills** Thanks a lot for your support
waiting Let me know what you think In the comments! My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading skills.
157.70 support line broke, CHoCH. Supply zone for short 159.25-48, stop loss above 159.48, target: 157.90
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.
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...
hi all At this level, I'm expecting rejection. Let me know what you think In the comments! **My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading skills** Thanks a lot for your support
According to : uptrend channel Convergence on CCI TP and SL is clearly showing
This is what I'm expecting on EJ on long term. Once BoJ will start taking actions against inflation I'm expecting strong yen. I think that Euro will face a lot of troubles through upcoming winter which can cause more downside for Euro and this is the main reason why I'm expevting strong Yen on long term. I'm not chasing the top. I will start placing shorts...
Until now, the continuation of the upward momentum is likely to result in an immediate target emerging around 160.00 in the short term. The subsequent breakthrough will not encounter any notable resistance levels until reaching the highest point of 2008 at 169.96 on July 23. As of now, there are positive long-term prospects for the convergence of bullish and...
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...
I think it's a Sell Position on weekly timeframe : You can split your Lots by 3 parts as below: Entry 1 : ¼ Lots on price 155.750 Entry 2 : ¼ Lots on price 157.500 Entry 3 : ½ Lots on price 153.000 Close half of your Lots on price 147.000 SL on price 158.700 try to lose less, Profits will arrive on time
GBP-JPY wis retesting a Strong horizontal resistance Level of 183.087 from where I think we will see a local Bearish correction !