eurjpydaily

theforexarmy theforexarmy PRO EURJPY, 120, Long , a day ago
EURJPY: EURJPY right on major support, remain bullish
61 3 3
EURJPY, 120 Long
EURJPY right on major support, remain bullish

Buy above 119.64. Stop loss at 119.16. Take profit at 120.66. Reason for the trading strategy (technically): We remain bullish above 119.64 support (Fibonacci retracement, Fibonacci extension, horizontal support). Target would be 120.66 resistance (Fibonacci retracement, horizontal pullback resistance). Stochastic (21,5,3) is seeing strong support above the 6.4% ...

theforexarmy theforexarmy PRO EURJPY, 120, Short , 6 days ago
EURJPY: EURJPY remain bearish at major resistance
85 0 8
EURJPY, 120 Short
EURJPY remain bearish at major resistance

Sell below 121.09. Stop loss at 121.86. Take profit at 119.65. Reason for the trading strategy (technically): We remain bearish below 121.09 resistance (Fibonacci retracement, horizontal overlap resistance) for a push down to 119.65 support (Fibonacci extension, horizontal support, recent swing low support). Stochastic (34,5,3) has reacted off our 92% resistance ...

theforexarmy theforexarmy PRO EURJPY, 120, Long , 2 days ago
EURJPY: EURJPY profit target reached perfectly, prepare to buy
49 0 4
EURJPY, 120 Long
EURJPY profit target reached perfectly, prepare to buy

Buy above 119.64. Stop loss at 119.16. Take profit at 120.66. Reason for the trading strategy (technically): Price dropped perfectly and reached our profit target we have been targeting for the entire of last week. We now turn bullish above 119.64 support (Fibonacci retracement, Fibonacci extension, horizontal support). Target would be 120.66 resistance (Fibonacci ...

theforexarmy theforexarmy PRO EURJPY, 120, Short , 7 days ago
EURJPY: EURJPY remain bearish at major resistance
54 0 4
EURJPY, 120 Short
EURJPY remain bearish at major resistance

Sell below 121.09. Stop loss at 121.86. Take profit at 119.65. Reason for the trading strategy (technically): We remain bearish below 121.09 resistance (Fibonacci retracement, horizontal overlap resistance) for a push down to 119.65 support (Fibonacci extension, horizontal support, recent swing low support). Stochastic (34,5,3) has reacted off our 92% resistance ...

theforexarmy theforexarmy PRO EURJPY, 120, Short , 8 days ago
EURJPY: EURJPY dropping perfectly as expected, remain bearish
32 0 1
EURJPY, 120 Short
EURJPY dropping perfectly as expected, remain bearish

Sell below 121.09. Stop loss at 121.86. Take profit at 119.65. Reason for the trading strategy (technically): Price has reacted perfectly from our selling area. We remain bearish below 121.09 resistance (Fibonacci retracement, horizontal overlap resistance) for a push down to 119.65 support (Fibonacci extension, horizontal support, recent swing low ...

theforexarmy theforexarmy PRO EURJPY, 120, Short , 12 days ago
EURJPY: EURJPY profit target reached perfectly, prepare to sell
92 0 3
EURJPY, 120 Short
EURJPY profit target reached perfectly, prepare to sell

Sell below 121.09. Stop loss at 121.86. Take profit at 119.65. Reason for the trading strategy (technically): Price has shot up and reached our profit target perfectly. We now turn bearish below 121.09 resistance (Fibonacci retracement, horizontal overlap resistance) for a push down to 119.65 support (Fibonacci extension, horizontal support, recent swing low ...

theforexarmy theforexarmy PRO EURJPY, 120, Long , 13 days ago
EURJPY: EURJPY right above strong support, remain bullish
102 0 2
EURJPY, 120 Long
EURJPY right above strong support, remain bullish

Buy above 119.62. Stop loss at 118.63. Take profit at 121.08. Reason for the trading strategy (technically): We remain bullish above 119.65 support (major horizontal support, Fibonacci retracement) for a push up to 121.08 resistance (Fibonacci retracement, horizontal pullback resistance). Stochastic (21,5,3) is seeing strong support above the 6% level and also ...

theforexarmy theforexarmy PRO EURJPY, 120, Long , 15 days ago
EURJPY: EURJPY buy above support one last time
55 1 3
EURJPY, 120 Long
EURJPY buy above support one last time

Buy above 119.62. Stop loss at 118.63. Take profit at 121.08. Reason for the trading strategy (technically): We look to buy one more time above 119.65 support (major horizontal support, Fibonacci retracement, EURUSD positive correlation) for a push up to 121.08 resistance (Fibonacci retracement, horizontal pullback resistance). Stochastic (21,5,3) is seeing strong ...

theforexarmy theforexarmy PRO EURJPY, 60, Long , 16 days ago
EURJPY: EURJPY remain bullish above strong support
29 0 1
EURJPY, 60 Long
EURJPY remain bullish above strong support

Buy above 121.11. Stop loss at 120.48. Take profit at 122.00. Reason for the trading strategy (technically): We remain bullish above 121.11 support (Fibonacci projection, horizontal support, Fibonacci retracement) for a bounce up to at least 122.00 resistance (Fibonacci retracement, swing high resistance). Stochastic (21,5,3) is approaching strong support at 4.9% ...

ElemontFX ElemontFX EURJPY, D, Short , 4 months ago
EURJPY: EURJPY FORECAST - Preparing for a bounce
13 0 1
EURJPY, D Short
EURJPY FORECAST - Preparing for a bounce

EURJPY is currently in a downtrend on the Daily and 4H, with price nearing the bottom of the daily consolidation zone. We expect price to continue to S2 where it will either bounce back towards R2 or break lower towards S3. Confirmation of this bounce is given by a break of the upper band of the trendline channel. However, until then price is bearish.

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