EURJPY has sold off on the day with terrible PMIs and that plays into the BoJ and ECB narrowing of the divergence theme as well. Looking for an area to short from.
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
Based on the Relative Strength Index (RSI) indicator, there is currently a divergence present. Once the first HL (Higher Low) is broken, and first LH (Lower High) and LL (Lower low) are formed this would confirm the formation of a bearish trend. I plan to enter a short trade with a 1:1 risk/reward ratio. Please note that this is my personal analysis and trade...
Hello everyone. The above chart is my weekly analysis for the EURJPY pair. Do note that this is my long term analysis for the next/couple of years to come. This is my personal view. Let me know what you think. Trade with care. God bless you.
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...
Dear traders, we can see the formation of a potential triple top pattern in EUR/JPY. EUR/JPY is currently in the resistance level. So, if we see bearish price action that this resistance zone, we can consider selling EURJPY@ 151.30-151.60 with SL above resistance and TPs at 148.73, 146.60.
EURJPY looks bullish. Price remains in the channel. It has retested the lower boundary of the channel and confirmed it as a support once again. We're expecting the price to rise from here and retest the upper boundary of the channel which is a final target for longs and entry for shorts. Take profit: 151,319 stop loss: 147,038
OANDA:EURJPY The price has reached the upper trend line and Gartley pattern has also been formed. I expect the price to fall to the specified areas.
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...
Looking at the graph, we can clearly identify the formation of the shoulders and the head pattern. The pronounced thickening marked in yellow indicates a significant support and resistance (S/R) level. Once this level is broken, it confirms a downward trend with substantial profit potential. 📉💰 Based on this analysis, the target for the downward movement lies...
Price continue to make lower highs and lower lows which means a reversal has started
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.
Probably one (in not "The") best long term Shorts out there. Here is the Long Term;
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...
currency pairs EURJPY At the moment, we can see a good entry point for this currency pair to open the trade up and buy. The entry point is $151.503, the stop loss point $151.200 can be good and we can see two targets to profit from this currency pair: $159.628 and $168.451 We have to wait for confirmation.
Another ideas long term doubled Using support and resistance