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Eurojpy

EURJPY | Rising Wedge & Bearish Divergence..!!#EURJPY (Update) Since 6th May 2020, EURJPY has been forming Higher Highs & Higher Lows (Rising Wedge) At the Moment, Looking Bullish & this Could be last Bullish Wave Before Wedge Downside Breakout. In Daily Timeframe, It's been Printing RSI Bearish Divergence as well (Price Increasing & RSI Decreasing) If Wedge Broken Downside, It Might test the Major Support Area (121.80) in Coming Days. Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!! Thanks for Your Love & Support..!!
Short
by Faibik
5
EURJPY Daily Analysis 11/23/19EJ Short idea This pair is very similar to AJ, they are both very bearish on higher time-frames and have been reacting similar in regard to levels of confluence and rejection of significant monthly resistance. EJ currently retested broken monthly support (now resistance) and has shown significant exhaustion and bearish setups. The only close major support for this pair is around 119.500, if this level is broken we’re looking for it to drop toward the trendline around 118.500. Once the trend line is broken a retrace is likely but ultimately we will look to target toward our next major support level around 117.000. If the bearish trend remains strong look to enter on lower highs, fib levels and strong bearish setups all the way down to our monthly support around 116.000.
Short
by ForexLeague
EURJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=117.35. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=117.9. TP4: R2=118.3. Set the stoploss of these orders at breakout of S2=117.15. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=117.15. In this situation, there is an expectation to reach the target S3=116.3. Set the stoploss of reverse orders at breakout of S1=117.35. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Long
by ForecastCity
6
EURJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=120.75. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=121.4. TP4: R2=121.65. Set the stoploss of these orders at breakout of S2=120.2. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=120.2. In this situation, there is an expectation to reach the target S3=119. Set the stoploss of reverse orders at breakout of S1=120.75. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Long
by ForecastCity
Don't miss the great buy opportunity in EURJPYTrading suggestion: . There is a possibility of temporary retracement to suggested support line (125.85). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURJPY is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 51. Take Profits: TP1= @ 126.34 TP2= @ 126.75 TP3= @ 127.50 SL= @ 125.65
Long
by ForecastCity
2
EURJPY - SELL SELL SELL! ENTRIES ON STANDBY...Good evening from the UK, follow me on Instagram @travis_duncz always happy discussing the charts and trading in general. Doing this article quite differently today. Not going to discuss how I've come to my bias for once, but the chart I've posted talks for itself. Looking back over Q1's articles and you will see I enjoy studying these charts. It becomes an art that I enjoy and hope all those heavily invested into this industry see it as also. Trading technical analysis will paint various scenarios, some interpreted efficiently and accurately some not. I always feel that trading and charts should be transferable, If you know your technicals and confluences you should be able to look at the piece of art in which being an individuals chats and are able to find a constructive bias from it. But ultimately everyone will paint a different picture and its crazy how the 90% in trading will lose. Therefore make sure your picture is in that 10%. Executing trades & analysing charts. It must be Tried Tested and played out consistently, consistently being the most important part. Owning up to yourself on your progression and success and also on the flip side owning up to your poor performance or slackness. The markets will not hide the losses you take you will definitely see them or feel them. Leading you towards the 90% category. Just some thought for this evening. Anyway.. heres to another week securing pips coming from all angles. Patience is a virtue.
Short
by Travis_duncz
EURJPY Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=125.5. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=124.4. TP4: S2=123.8. Set the stoploss of these orders at breakout of R2=125.7. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of R2=125.7. In this situation, there is an expectation to reach the target R3=126.6. Set the stoploss of reverse orders at breakout of R1=125.5. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Short
by ForecastCity
2