EURJPY is at a very tricky area of 165.474 ,from this area we have the 200 SMA above it which indicted we could still get more sells but if price breaks above the 200 SMA at 165.474 area we shall see buys towards 168.960 but if the area holds we shall see sells towards 162.511
EURJPY in bullish trend with no bearish divergence trading risk / reward 2%
The EURJPY and other XXXJPY pairs surged following the "speculated" BOJ/MOF intervention in European trade today. Although many pairs hit some key levels, the EURJPY was particularly interesting today. The EURJPY surged Sunday, April 28th when market reopened over the weekend and the EURJPY came within pips of the 161% Golden Fibonacci extension of the November...
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...
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...
EURJPY is showing Bearish divergence and it break its Last HL plus its Trendline which shows potential break on uptrend sell on CMP with risk define previous highs
EURJPY still has the opportunity to grow, but now there is a chance to earn a short time by selling, We have these indicators for SELL opportunity: - Reflection from the top of the parallel channel (formed since 2022) - Low volume to continue the current direction - Resistance zone of last peaks (2007-2008) - Return/re-test to Year + 6M + 3M + 1M high We define...
#EURJPY UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about EURJPY. EURJPY had breaked the main Descending triangle pattern. In this move we can see gain upto 100Pips+ soon✍
Hello Traders! Let's delve into the EURJPY daily chart, where an intriguing opportunity is unfolding. The current setup illustrates a U-shaped pattern, resembling a classic cup and handle formation within an existing uptrend. A distinctive U-shaped pattern, indicative of a cup and handle formation. Noteworthy uptrend in the market, enhancing the validity of the...
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...
*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.
It may have escaped some traders notice that the JPY has been hammered in the last few months. So much so that GBP/JPY hit 200.49 earlier today, USD/JPY hit 160.00 and EUR/JPY hit 171.65. Some of these are historic highs, in fact USD/JPY is a 30 year high. I'm unaware of any intervention by the BOJ that would cause the 570 pip fall in USD/JPY (mirrored EUR and...
A glimpse of the EURJPY in the first half of 2024 Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
News conformation on the bullish EUR this week as YEN shows bearish signs. Trade is running.
*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.
FX: EUR/JPY - SELL A similar structure to the advance in November. Further notes on the chart
Hi friends, I brought the FOREX interesting charts The buying force is making adjustments by beating the sell-off and rising. If the Fibonacci 0.618 section is set as the primary target and breaks upward, the AB=CD pattern can reach the 1 value D
EURJPY price is in the important resistance zone 171.400 if the price cannot break through. It is expected that in the short term there is a chance that the price will go down.