News conformation on the bullish EUR this week as YEN shows bearish signs. Trade is running.
Last week, EUR/JPY respected the uptrend it has on the 4HR timeframe and moved about 250 pips from the previous area of support at 162.500. We can see that it has been holding the 165.000 area as a strong resistace where price has tried to break it a couple of times but has always rejected. As it has been in an uptrend, we could see a potential break of the...
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. EURJPY OVER-BOUGHT ZONE. 📚 👉As we can see price is still overall bullish trading inside this channel, making clean higher highs and higher lows. 👉Meanwhile, price recently broke above our previous major highs, to be trading...
A sell stop opportunity seems to be presenting itself due to a bearish divergence being formed according to RSI.
FX:EURJPY is in an uptrend phase. Regarding what is happening on the chart, we can assume that the bullish trend will continue in the medium term. The market is redeeming the strong drop that happened at the end of 2023 on the fundamental background in a few months. The Japanese Yen is weakening strongly on the back of weak regulation by the Central Bank of...
A double top is a technical chart pattern that signals a potential reversal of an uptrend. It occurs when the price of an asset reaches a high point, retraces, then rallies back to a similar high before reversing downward. The pattern resembles the letter "M" and is formed by two consecutive peaks at approximately the same level, with a trough (the retracement)...
EURJPY is currently showing signs of a Bearish Crab Harmonic Pattern (XABCD) on the 4-hour chart, indicating a potential reversal in trend. Additionally, the price is approaching a significant trendline, further supporting the bearish bias. Bearish Crab Harmonic Pattern (XABCD): The formation of a Bearish Crab Harmonic Pattern suggests that the price is likely...
Sell it it will drop enjoy the free signal I just need to write more so they let me post so just ignore this lol
EURJPY chart is printing bullish trend. EP: 167.024 SL: 165.377 TP1: 168.671 TP2: 170.318
success comes from scratch meaning from minor things not get quick rich as you think trade with simplicity and patience that is one of my rule while trading price action
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Hi Traders, This trade presents a comprehensive analysis and rationale for the anticipated strengthening of the Japanese Yen relative to the Euro in the current economic climate. Through an examination of key economic indicators, monetary policies, geopolitical factors, and trade dynamics, this analysis aims to provide valuable insights into the potential...
There is a possibility of a five-wave rise. It will break through the highs upward.
Only keeping track of movements, I don't like to predict, but I do like to take consideration of Fibonacci for possible areas of interest. I prefer to be bullish due to market sentiment as of late, and not enough information to convince me to take any short positions at the moment. The latest movements remind me of a wave 3, then expecting a sharp pull back,...
One of the profitable skill you need to understand is market structure it's a critical skill that will implove on your trading journey this the best price action strategy that work with the market conditions
welcome here is my eurjpy long idea its based on very bullish market price trading above all and everything , it keeps rising and rising lets see if we can participate
▪️ Tech Stocks Take a Hit: Following disappointing revenue forecasts from Meta Platforms, tech stocks plunged globally. Meta's shares nosedived by 15% in extended trading, influencing a broad selloff in the tech sector, which pulled down MSCI's Asia-Pacific shares outside Japan by 0.5% and Japan's Nikkei by 2%. ▪️ Yen Struggles Continue: The yen has...
Hello Traders ! On The Daily Time Frame, The EURJPY Price Formed a Rectangle Pattern. Presently, The Resistance Level is Broken ! So, I Expect a Bullish Move 📈 ------------- TARGET: 166.430🎯