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Eurjpyforecast

EURJPY Trade Setup(confirm)EURJPY been making step movements for last couple of days in upward momentum. This analysis is intraday for long term holders ans now at point 120.032 eurjpy has strong supports as you can see in H1,H4 time frame.According to the upcoming fundamentals EUR should be again high with steps movement like corrective momentum. EURJPY still is on my watch list and now again making steps movement towards buy direction .The recent price action had a really strong bullish move up from previous history as if you see in the monthly time frame the last month EUR had fallen and made wick .The larger continuation correction on the high time frame is developing further, and we see price continues to go up towards the top of the technical structure, hitting a recent double tops. for further details you can ask us directly
by TradingSwirls
EURJPY H4 LONG PRICE ACTION FORECAST With price action forming a clean HH&HL pattern, and price reversing right from the rising trendline for an uptrend confirmation momentum allows the placing of a long entry, expecting the next bounce for the following order The order: Type: buy-limit S/L: 37 pips - R:R | 1:2 - T/P: aiming towards a previous swing high. -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Long
by OGFXTRADER
EURJPY| Meeting The Emperor at 122.00 Checkmate Floor| 6thJuly20EURJPY has been seeing the downtrend over the years. Like no other currencies, EURJPY has given the birth of an uptrend against the Japanese Yen. Towards all other currencies, Yen seeing their currencies weaken all over the market traded. This given the opportunity to other currency pair to strengthen. 2020 is the year where we all witness the weakness of the Yen. As i watched the over the counter, the opportunity has been spotted this week. I am very optimistic about the EURJPY and I am very sure the price will move to the 122.00. Checkmate the price over the target. I am taking profit cycle by cycle. Good luck. If you would like to trade with me live trade and love seeing this post, dont forget to subscribe to my coaching package. Thank you. Regards, Zezu Zaza 2048
Long
by Zezu_Zaza
EURJPY H1 SHORT PRICE ACTION FORECAST -UPDATE-The price structure after forming an "M" pattern has continued with its bearish tendency. Currently finding support towards the 200MA, if the price breaks out the MA, a short entry will be waiting for it to capture the downward movement. The order: Type: sell-stop S/L: 20 pips - R:R | 1:2 - T/P: support level -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Short
by OGFXTRADER
EURJPY H1 SHORT PRICE ACTION FORECASTPrice structure has formed an "M" pattern with a double top and supported by a bearish divergence from MACD signaling the bearish momentum hovering the pair. Expecting a healthy correction to continue its downward movement allowing the setup for a short entry The order: Type: sell-limit S/L: 29 pips - R:R | 1:2 - T/P: support level -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Short
by OGFXTRADER