Eurjpyforecast
EURJPY is breaking higher in it's bullish trend 13.5.2021It seems like EURJPY EURGBP and EURCHF are all heading higher in the coming weeks.
Eurjpy Short PositionSoon you will see eurjpy fall like xauusd
Reason
In D1 we have large ascending channel
forex | eurjpy multi timeframe analysis - long opportunityforex | eurjpy multi-timeframe analysis - long opportunity
following support and resistance strategy on the monthly and weekly chart and I expect the price will continue moving up to reach the historical resistance.
but I'm afraid of the over-bought of the RSI indicator. so I think the price will make a correction to backtest 61.8% Fibonacci and continue going up.
#eurjpy #eurjpy_analysis #eurjpy_signal
EURJPY to continue bullishHi everyone,
Eurjpy is setting up for next wave up, this will be the top for EURJPY than we will have a sharp sell off
Stay bullish for now on short term,
Good luck
EURJPY: UNDER PRESSUREEUR is under Pressure now....
Its better to sell now after retest complete.
Watch my Japan Index Below
If you have any idea, leave comment below and dont forget give like
Thank you
EURJPY top-down analysisHi Guys, let’s make a full top-down analysis of this pair, we will take the trade if all the condition of the strategies are satisfied. Press like button to support this video and let me know in the comment section if you have any questions.
EURJPY 4H Long OpportunityEURJPY 4H Long Opportunity Ahead only if we see a nice break on 4H and the 1H tests the break and closes above to complete the 4H bullish pressure
EURJPY: TP 2 hit! I love it when a plan comes together!
Congratulations to those that followed the trade! Woo-hoo!
Please leave me some feedback! Share your screen shots if you are on this EJ Train!
EURJPY: Trade idea - It's go time! (Follow Up)Smashed TP1! Congrats to those that followed the trade.
Let me hear from you in the comments! Thank you!
EURJPY: Will Going Down SoonHi..
I have idea for this pair.
I think will reject from resistance and continue going down.
Leave comment below for any idea and dont forget like this idea.
EurJpy- Imminent break. 132 is my targetThis month was one of range and gains consolidation for EurJpy with the pair trading in a tight range around 130 psychological resistance.
I believe that a new leg up will follow for this pair and 132 is my first target
EURJPY ANALYSISSELL FROM THE RESISTANCE
NOTE: in case bullish breakout of a RESISTANCE bullish continuation will be expected.
Please consider to put a like to my idea for supporting me & subscribe for more ideas.
Idea is not the financial advice!
EURJPY - SHORT; SELL the Monthly Resistance here! ......despite the heavy docket next week. (BoJ rate decision, EU data dump, etc.) The upcoming data has a virtually zero chance to fundamentally alter the overall picture, either for the EU or for the BoJ.
Much more importantly, technically this is a solid SHORT Entry here with low risk. (Despite the likely volatility.) If the trade is wrong, you'll know it right away.
Note: This post also serves as a replacement/update for the previous EURJPY post which was erroneously updated, earlier last week. (See attached)
EUR/JPY downtrend may accelerate furtherThe resistance area in the daily chart of EUR/JPY appears to be holding well.
We have got multiple rejection/bearish candles in the resistance area with long wicks
at the top.
This indicates that the sellers are gaining an upper hand while the bulls are losing momentum.
If this continues, EUR/JPY can drop as low as 128.
So, depending on bearish price action, sell EURJPY@129.80-130.30 with SL above 131
and TP at 128.15
EURJPY Buy SignalHey traders, here is the analysis for the EURJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
EURJPY: Swing trade ideaEURJPY is in strong uptrend. Buys only. Wait for the pullback to land, wait for confirmations, and take a ride uptown to profit glory!
EUR/JPY reversed from the resistance once again, time to drop?Overview - EUR/JPY has been unable to break the resistance level for the last
two weeks but bears have not been able to capitalize on it yet. However, yesterday's drop
seems encouraging for the bears.
Analysis - From the chart, you can see that, yesterday's daily candle was a big
bearish candle with a long wick at the top. So, it is quite likely that price will continue to
go down now.
Probable trade set-up - I have already published a signal to sell EURJPY@130.50-131
last week. So, if you followed it then continue to hold the trade. New sells can also be executed
if price visits the resistance level again.
Disclaimer - This is simply an analysis and not a trade recommendation. The trades will be
executed only if it meets the required criteria.
