Hey traders, in today's trading session we are monitoring EURJPY for a buying opportunity around 135,5 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
EUR/JPY is trading to the upside today prior to the JPY Industrial Production (MoM) (Feb). We anticipate a bullish move up to level 139.017
nice selloff on the ej pair market could go lower but ima let the market play
EURJPY has been trading in a bullish parallel channel and current price is trading at important support level of channel. On shorter term, this is the sideways before the next move; a) A bullish breakout from the recent high will calls for long position. b) The sideways move will likely to be distribution and price will fall from here 134.800 level. Trade your...
Trading position in this currency pair, beware of deceptions of the Japanese yen!
- ECB PRESIDENT Lagarde has a SPEAK. There are some positive technical points for MARKET RISK OFF and JPY to be a bit STRONG right now. The reason is that JAPANESE YEN DOWN is very fast right now. So a PULLBACK may come at some point. - The EUR FEATURE currently stands at 1.1147 LEVEL. It rests on DYNAMIC S / R LEVELS. Also the JPY FEATURE is giving DOWN very...
Short Signal Dow - Bearish (Lower low - Lower high formed) Candles - NA Trend - Bearish Support & Resistance - Bearish Price Bouncing back from weekly support Divergence - NA
We are seeing a broken structure and now theres a retest in progress, once the retest is successful, we will start entering our sells.
looking for sells to take out the downside liquidity and then buys after the mitigation. NB- ADAPTABILITY IS KEY IN THE MARKETS!!!!!!!!!!!!
market can go long if it makes above pattern we needs sellers to be faded
I have already shorted this pair and moved SL into Break Even.
- Possible bearish pullback price movement towards the support 131.000 within the next period.
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EURJPY SHORT at 146.8 pips profits and 53.8 pips Stop loss
HERE COME THE RETAIL TRADERS :) Possible M forming - What do you think?
Shorting EURJPY. In 1hr it has closed a very strong bearish candlestick.