The EURJPY currency pair recently completed a 5-wave upward move, terminating at 159.773 . Now, it's in a corrective phase. In my analysis, the larger corrective wave A likely finished at 156.568 . Currently, the pair seems to be forming a contracting triangle as part of corrective Wave B, after which we expect a drop in wave C. Here's the key: If the...
In my weekend analysis about Jpy crosses I said that we should keep a close eye on these pairs because, although UsdJpy is still in a strong up trend, cross pair may have topped. In EurJpy's case, yesterday the pair had a spike up, this spike was very short-lived lived and EurJpy reversed strongly and closed the day with a huge bearish engulfing. At this moment...
EURJPY swing movement confirmation : 1. Price at monthly SBR Area 2. MN Supply area 3. Fibo fav lvl 23.6 & 38.2 ( H4,D1,W1,MN) 4. HNS at H4 TF
Supply on EURJPY for a short position. TP1 at 1:1 and leave a runner.
(It is time to start a fresh EURJPY post - once again -, the previous one(s) having grown too long to remain practical.) The Weekly - With special attention to the two, most recent Hammers; The Daily - With it's completed H&S, including the neckline break; (All the visible patterns were also updated on these charts due to some earlier inaccuracies -...
Supply on EURJPY for a short position. Take profit at 1:1 and leave a runner.
Q1-2023. High energy costs and elevated inflation are increasingly weighing on Eurozone real household disposable incomes, even if overall inflation pressures are not as broad-based as in some other major economies. In addition, disruptions to energy imports from Russia (oil and natural gas, both planned and unplanned) have the potential to further elevate energy...
Previous trade hit my SL due it being tight and price deciding to form another structure. But we go again at the break of this bearish flag.
Good setup, price made a LL and LH with bearish pinbar. This was a feast day so was off trading for the day.
Hello everyone, EUR/JPY is struggling to break the resistance level indicated in the 4Hour chart. 📌We have 4 consecutive candlesticks with long wicks at the top. 📌Price is currently below the EMA on the 4Hour chart. This gives us a slight bearish bias for the 4Hour Timeframe. 📌If price continues to stay below the (resistance zone + EMA on 4h chart), we can...
Waiting for a break and retest of 157.100 to short EURJPY to the next swing low at 155.528 If you agree drop a like and if you have any questions leave a comment :)
Entry : 158.030 SL : 158.530 TP : 155.530 RRR : 1/5 Every trade has risk!! So please set SL with your own caution and always follow my orders at Tradingview !! Support Broker with me in the Bio section
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
A+ Setup !! combination of both my plays - RT with broken support zone and a 38.2% RT !
Since the end of February low under 140, EurJpy rose strongly, more than 2000 pips and almost touching 160 important figure. In August, the pair consolidated, and this consolidation could very well be distribution. Now the pair is trading under 157 zone support and a daily close under this support could lead to further losses. As long as the 158.70 high is intact...
Today's focus: EURJPY Pattern – Range support test post LH trend break. Support – 157.05 – 155.85 Resistance – 158.40 – 159.40 (area) Thanks for checking out today’s update. Today, we have run over the EURJPY, breaking down the overall price picture and levels we are watching. The JPY has started the week on a strong note with solid gains so far to the EUR,...
Hello everyone. I want share my idea about EURJPY pair. Couple weeks ago we this pair was in 2008 strong weekly sell zone after strong price up movement. from here we got 2 rejection at high timeframe, when it touch second time it made some liquidity and came strong down. i am not saying EURJPY will change trend but i think we will have some price correction here...
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...