EURJPYEJ presenting 2 lovely bullish engulfings on the daily and looking to want to complete the same on the weekly. We are simply going to enjoy the ride up
Eurjpysignal
EURJPY 11June2023there is a considerable possibility to short at the moment. looking at the existing pattern, it could be that wave 2 has formed, you can short with SL restrictions above the invalid area.
A BUY TO THE HIGHEST HIGH ON THE D1there was a BOS to the buy side since weeks ago to the buy side and now we trail it through h4 and m15
so now we see a clear bos on m15 and we ride the buy as we should to the high on D1
DeGRAM | EURJPY test of the psychological levelEURJPY is moving in an ascending channel. The price is approaching a psychological level at 151.000.
The market dropped from this level before creating an imbalance.
Price action created a bearish harmonic pattern, which is an extra conformation.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
Have EurJpy topped?From the recent low under 140 and the important 143 resistance break, EurJpy has risen more than 1000 pips.
However, in the past months seems like the pair lost its power to the upside and could enter in a range trading phase with a top above 150 and a bottom slightly under 147.
The price action in the past 2 trading weeks is drawing a H&S pattern on our charts and in a case of a break under the 148.50-148.70 zone, this pattern is confirmed.
The target in such an instance is, as said, in 147 zone and negation comes with a daily close above 150.
DeGRAM | EURJPY trend continuation opportunity to shortEURJPY tested the upper border of the descending channel, then dropped.
The market bounced off the psychological level of 150.000.
Price action is printing lower lows and lower closes, indicating a bearish trend.
The trend is bearish , so the price is likely to test the support level .
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
EURJPY - What i think is this!Hi friends
EURJPY - what will i wait for EURJPY is on chart.
What I expect is a strengthening of the Euro against the Japanese Yen, and based on the current patterns in the 4-hour timeframe, I think it will be a good start to the week for the Euro.
EURJPY is bearish!!Price continue to make lower highs and lower lows which means a reversal has started
EURJPY 2June2023the possibility of wave 5 cannot continue bullish to go higher than wave 3 and now the price looks like a reversal I marked with a bearish confirmation level line. you can go short at this time.
EUR/JPY - Short; SELL right here!Probably one (in not "The") best long term Shorts out there.
Here is the Long Term;
EURJPY Wait For Breakout! EUR-JPY is about to reteset
A strong horizontal resistance
Level at 151.141
So IF we see breakout rising Support
Then I believe the pair
Will go further down !
DeGRAM | EURJPY test of the psychological levelEURJPY is making higher highs and higher closes, indicating a bullish trend. It's trading in the ascending channel.
The market is pulling back to the confluence levels of resistance (pychological level at 150.000) and fibo.
We expect a trend continuation trade from the kill zone.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
EURJPY: The bulls!Predicting continuation of the uptrend
EUR/JPY is a forex quote that represents the exchange rate between the Euro and the Japanese Yen. Traders like to borrow the low-yielding Yen to fund carry trades and buy higher-yielding currencies like the Euro during times of optimism. However, during times of market stress, investors tend to avoid carry trades. EUR/JPY is affected by shifts in global economic performance and stability. The Eurozone debt crisis and the Bank of Japan's anti-deflation policy introduced in 2013 also contribute to the pair's volatility.
EURJPY are you rdy ?🧨😉currency pairs EURJPY
At the moment, we can see a good entry point for this currency pair to open the trade up and buy.
The entry point is $151.503, the stop loss point $151.200 can be good and we can see two targets to profit from this currency pair: $159.628 and $168.451
We have to wait for confirmation.
EURJPY POTENTIAL PROGRESS FORMATION IN PROGRESSWe can see that the pair has turned bullish after a short correction. We have also identified certain patterns which further
support our bullish basis. These have been listed below:
1: The pair is in a strong uptrend as the price is making new highs
2: Trendline breakout
3: Pennant pattern breakout
We will wait for the price to correct on the lower time frames after the trendline breakout then only can we start to look for
reasons to enter long. We do not take trades with less than 1 to 3 risk rewards. If we get stopped out , we follow our trading plan as
we wait for a new setup to form. We only take one entry per setup and do re-enter when stopped out as we see this as revenge/over-trading.
EUR/JPY SETUPHello traders hope you are fine, as you can see the EUR/JPY chart the price has been undecided and now we are waiting for the price to do a breakout in one of these zone and come back to do a retest, remember to use risk management based on your account size
EUURJPY 23-05 Possible MovePair : EURJPY ( Euro / Japanese Yen )
Description :
Bullish Channel as an Correction in Long Time and Rejection from the Lower Trend Line
Impulse Correction
SMC - CHOCH
Break of Structure
RSI - Divergence
Falling Wedge in STF
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY
- Currently there is an UP SIDE BIAS for EURJPY. XXXJPY CURRENCIES BUY very fast in previous weeks with JPY WEAK AFTER BOJ MEETING. Somehow it is being RECOVERED again. MARKET RISK is still ON. VIX is going DOWN, XXXJPY CURRENCIES SHOULD BE BUY FAST NOW.
- Some NEWS coming for the USD will help strengthen the EURO. Because the reason for that is because the NEWS related to USD is quite weak and USD has got a weak SENTIMENT. But in the future, if the RATE HIKE SENTIMENT is PRICED by the ECB, EURO may be BUY more.
EURJPY can be SELL at 145.95 level before BUY. After that you can BUY at 152.98 LEVEL. If the MAIN STRUCTURES BREAK somehow, EURJPY price can definitely be BUY at 152.98 LEVELS.
EURJPY Chart H1Here is my view for EURJPY on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EUR/JPY ShortHi followers,
This pair is perfectly match to my analysis in previous posts. When the price pull back from 149.000 to the strong support H4 timeframe 146.400.
We expect that the monentum will strong this week.
If you find this post useful, please subscribe our channel.
EURJPY ____ SHORT-TERM BEARISH MOVEHey Guys,
Check this out the JPY pair are about to ease out on the bullish move. Expect some bearish move on the JPY pairs before the bullish move continues.
Cheers,
David
EURJPY 21May2023last week I gave a hint that when the blue line is broken by the price then most likely the bulls are back on track. Next week is likely to be bullish by looking at the wave a-b-c notation that has been formed, seeing also the bullish slope of around 45 degrees is also an indication of a strong bullish entry.
Analysis EURJPY : 📅 5/18/2023Analysis EURJPY :
Due to being in a downward trend, I expect the price to move towards the specified targets.
.
.
price: 149.200
sl: 150.050
tp1:148.000
tp2:146.300
tp3: 134.800
.
.
👤 Alireza hajighasem : @alirezahajighasem
.
.
📅 5/18/2023
