My dear friends, EURJPY looks like it will make a good move, and here are the details: The market is trading on 156.39 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 158.45 Recommended Stop Loss - 155.23 About Used...
EUR/JPY is rising towards the resistance level which is a pullback resistance that is slightly below the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 159.52 Why we like it: There is a pullback resistance level that is slightly below the 61.8% Fibonacci retracement. Stop loss: 161.22 Why we like it: There is a pullback...
Pair Name : EUR/JPY Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money Key Technical / Direction ( Buy Opportunity ) Reversal Type : Mid Term Swing ——————————— 💠Bullish...
In this video i share a quick recap on the trade i took from the previous analysis (link in description), after seeing the daily candle close bullish above the high if the last bearish day which confirmed a break of structure on the 4hr timeframe and i went long at the pullback to 157.500 and 38.2 fib area (confluence)
Hello,Traders! EUR-JPY has established a Double bottom and then Made a bullish breakout So we are locally bullish Biased and and we will Be expecting a further Bullish move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
SEEL 156.500 | STOP 157.300 | TAKE 155.500 | The instrument continues to move down. It is recommended to open short positions at the current price of 156.500 with a target at the level of previous lows of 155.500-190.
The JPY pairs have experienced a significant drop due to the recent Yen hike and are now consolidating around the HTF support. There’s potential for a temporary rejection at the Demand Zone, presenting an opportunity to go long, aiming at least for TP1. Let's see how the market moves as we start the week! Disclaimer: This is simply my personal technical...
Daer Traders, We are witnessing a bullish reversal on EURJPY and that is why we think price is likely to continue going up. With possibility of price reaching towards a level of 166 which is a key level where we have fair value gap within the chart frame. good luck
Hola ola My Dear, Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist EUR/JPY "The Yuppy" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at...
The EUR/JPY pair has broken out of a falling wedge pattern, signaling a potential bullish reversal. This classic technical setup often indicates a shift in momentum, with buyers gaining strength. Traders may look for upside targets as the pair continues its upward move post-breakout.
Hello,Traders! EUR-JPY keeps falling But the pair will soon hit A horizontal support Of 154.485 and as the Pair is locally oversold We will be expecting a Local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Doji Candlestick with ultra high volume on Daily & Weekly timeframe, started at 5-Aug, mean the downtrend is going to be stopped. Doji Candlestick have been broken up next week of 5-Aug Consolidation (price correction) started since 15-Aug till now price it closed to 0 Fibo percent, which is strong support level of the price on weekly and daily frame. enter buy...
EURJPY - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy EURJPY Entry - 157.20 Stop - 156.22 Take - 158.77 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Here are the recommended trading levels: Entry Level(Sell Limit): 157.493 Stop Loss Level: 159.597 Take Profit Level 1: 155.546 Take Profit Level 2: 153.285 Reasons for bearish bias: - Price was rejected at a key resistance level - The overall trend is bearish - Entry point is at the 0.618 Fibonacci retracement level - TP is set at a recent support level - RSI is...
EUR/JPY has reacted off the pivot which has been identified as a pullback support and could rise to the overlap resistance. Pivot: 155.90 1st Support: 153.30 1st Resistance: 159.41 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
The Japanese Yen (JPY) has been one of the weakest currencies in the past three years, with some pairs experiencing a significant 70-80% devaluation, particularly against CHF, EUR, and GBP (CHF/JPY, EUR/JPY, GBP/JPY). However, since reaching a low in early July, the JPY has shown signs of reversing. When looking at the JPY Index (see posted chart), we can...
In this forex analysis video, we'll be discussing the market movements of the euro (EU), the British pound (GU), the Japanese yen (GJ), and the euro yen (EJ). EU: No narrative setup was identified due to the failure of the 15m entry to bounce twice and form a double top before the price decline. GU: A super clean setup was identified. Price bounced on the...
BUY 158.000 | STOP 156.800 | TAKE 159.600 | The yen's positions were put under pressure by weak data on the dynamics of the gross domestic product (GDP). The indicator in the second quarter slowed from 0.8% to 0.7% with neutral forecasts. We expect the pair to grow.