EURJPY is approaching the upper border of the descending channel. The market bounced off the resistance level by making a pullback. Price action is printing lower lows and lower close, indicating a bearish trend. The trend is bearish , so the price is likely to test the support level . ------------------- Share your opinion in the comments and support the...
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 !
Similar to the trading idea I recently posted, I also observe a potential price pullback or a strong buying zone here, due to the high volume and the newly formed support. I plan to implement my strategy to trade this pullback.
When examining the EUR/JPY chart, a clear support level at the price of 159.615 can be identified, which formed around January 15th. More recently, a support level was established around 160.786. However, this level has been breached and now serves as a resistance level for future price movements. The last interaction in this price range, observed in the 15-minute...
In the daily time and H4, an ascending channel is completing wave B. This corrective wave can be completed in two areas. The first PRZ range or the second red box range, which is 1.618 Fibo and the resistance range and daily supply. After the end of this wave, we should wait for a sharp correction wave C. After completing this wave (b), we will check the range of wave C.
⭐️ Smart investment, Strong finance ⭐️ Personal comments NOVA: The price is in a very nice downward trendline, along with touching the EMA, setting up a SELL signal ⭐️ SET UP EUR/ JPY PRICE: 🔥SELL zone: 160.800 - 160.950 SL 161.300 TP1: 160.510 TP2: 160.210 TP3: 159.820 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support...
EURJPY is making higher highs and higher closes on the 4 hourly chart, indicating a bullish trend. Price rebounded from the reaction zone. The market broke and closed above the reaction zone, which is the support level. We expect a breakout of the level, a pullback to it, and then a continuation of the trend since the major trend is...
EURJPY looks heavy. It has broken down the main trendline, and i can see bearish divergence on H4 and H1 timeframe. Actually is stuck in a small range, and it looks like it's accumulating to perform an explosive move. 159.000 is a daily support, so i expect the price there as a target for a short
Currency stability is a hot topic in financial markets today as investors prepare for meetings of major central banks in Japan and Europe. The Japanese yen registered a notable gain, trading at 147.74 yen against the dollar, as markets awaited the Bank of Japan's upcoming monetary policy meeting. The bank is expected to maintain negative interest rates, a stance...
The analysis of the pair suggests that the upward correction is close to completion and this week we can expect the continuation of the downward movement. All this means that it is time to cover longs and take short positions. Recommendations. 1. Levels for short entry: 161.50; 163.40. 2. Target: 156.00 3. Pay attention to the size of swaps on short positions of...
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 institutional big figure 159.000 Like, comment and subscribe to be in touch...
EURJPY is making higher highs and higher closes, indicating a bullish trend. Price broke and closed above the resistance level that became support. The market is creating an AB=CD pattern. We expect a breakout of the level, a pullback to it, and then a continuation of the trend. ------------------- Share your opinion in the comments and support the idea...
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...
Hello traders, we want to check the EURJPY chart. The price is in an ascending channel and after breaking the specified resistance area, it has pulled back to this level again. We expect this level to maintain the upward trend of the price and the price will grow up to around 161.300. Good luck.
Hello Traders, here is the full analysis. Watch strong action at the current 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...
- The EUR/JPY is seen at 159.40 with 0.30% losses. - The cross rallied 1.30% on Wednesday, towards 160.00, it highest since the beginning of December. - Daily chart indicators reveal a stagnant yet optimistic RSI and a leveled-off MACD histogram, hinting at a steady buying momentum. - Charts suggest bullish control overall despite consolidation in four-hour...