EJ Analysis 28/09/2020We are currently trading in a 15 pip range. I will not be trading in the range as it is too small. If we break above resistance and form a support on lower timeframes, I would look to execute buys up to the next resistance, I would look to secure positions at the first two buy targets highlighted on the chart as those are rejections areas. There is clean traffic to the downside if we manage to break through support and form a resistance on the lower timeframes I would look to take potential sells as there is a decent sized range to fill.
Eurjpysetup
EURJPY - FULL ANALYSIS BREAKDOWN Welcome traders to a free analysis breakdown.
Today I am highlighting possible trade ares on EURJPY, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
If you liked this free educational please like and follow the channel, there is lots more valuable content right around the corner.
Feel free to comment a pair or subject you would like me to cover next.
Trade Safe
Many Thanks
Sean
On Behalf Of Alpha Trading Group.
EUR/JPY | Possible Short MoveEUR/JPY – Daily Timeframe and 4 Hours analysis guys.
EUR/JPY we see a very nice short coming along and as our daily candle approaches our 50EMA .If we have a clear breakout 124.450 we will see the next move to our 100EMA which will probably give a bounce to it for a retest to the upside.
The possible target from 123.124 price breakout is 120.000 so we about to get it. One on the watchlist.
If all of this declines at the 50EMA you know what it is guys.
We hope this helps and gives another view for a good trading entries.
Support Levels: 124.450, 123.124, 120.00
Resistance Levels: 125.950, 128.685, 132.500
Just Trade Fx Online
Thanks for your love and support.
Don’t forget to like and follow us for more.
EURJPY, BREAK OR MAKE.*ENG*
- EJ is now sitting at our stress zone, we will be looking for a long position around this area.
- If price breaks, start looking for a retest in order to enter short.
*PT*
- EJ está de momento na nossa zona de suporte, iremos procurar posições de compra por volta desta zona.
- Se o preço quebrar, iremos começar a aguardar pelo retest em ordem a entrar short.
EUR/JPY Technical Analysis.Currently, EUR/JPY is trading at 119.81. The pair is trading in an up trend from 18th May after breaking resistance level at 116.12. Altough, the pair has already touched its first target and second target. It may start a new down trend if it breaks the support level at 119.44.
Do follow us for future Forex trend analysis.
Thank you,
Rishikesh Lilawat
Possible Long on EURJPYPerfect Gold setup here. I think this could be an 80 pip long. Here's why...
200-EMA holds as the price bounces off it in the support zone
price seems to be breaking the counter-trend and continuing the overall up-trend
price dipped into the oversold region on the MFI indicator which hints at a possible reversal
Always trade at your own risk. I would take this analysis on the 4-hour chart and go down to the 1-hour chart to draw up key-levels which I'd use to place my entries and exits. Will continue to
EURJPY 4HR. Price at Buy-Zone; Long w/ Confirmation OR Counter! Failure/ rejection at Buy-Zone could see retest of trendline through lower targets:
116.663
115.602
115.221
113.389
Note: Idea is to complement your research.
Check comments section for future updates on idea.
Like this idea? Like, Share, Follow (...)
Thank you and Happy trading.
Is 200 pips all you need this week?We see a channel breakout and a bearish engulfing candle. We also see a retest and rejection from the resistance level. Lastly, we see a similar pattern and how the market went down in the circled area.
All these indicate that the price will continue to go down to the demand level giving us at least 200 pips on this pair.
Like and follow me to support.