The EURJPY pair is about to complete the long-term bullish leg it started within the Channel Up and has already hit the bullish target we set (see chart below) on February 16:
The price is now about to complete the final bullish leg to re-hit the top of the Channel Up and price the new Higher High before it gets rejected and start the new long-term bearish...
EURJPY - 24h expiry
We are trading at oversold extremes.
This is positive for sentiment and the uptrend has potential to return.
The trend of higher lows is located at 146.13.
We prefer to consider the medium term trend and expect buying interest to support as prices move lower.
Further upside is expected although we prefer to buy into dips close to the...
Instructions:
1) The Relative Strength Index (RSI) shows that the asset is temporarily overbought/oversold, suggesting a possible trend reversal.
2) Bollinger Bands indicator shows that the asset is currently in an upper/lower resistance/support zone.
3) The Forex Stochastic Oscillator (Stoch) helps identify buy and sell moments based on comparing the current...
This is my setup for E J, let's see if this support will hold, I've placed a buy limit order. Trade carefully!
Remember: Take some profits if the trade is going as planned and move your SL to entry.
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 is approaching the top of the one year Channel Up pattern with the 1D time frame on strong bullish technicals (RSI = 63.669, MACD = 1.080, ADX = 24.666). Once the 1D RSI breaks the 70.000 overbought level again, it will be the most optimal sell entry on a seven month basis (previous one on October 21st 2022). It is already a strong sell opportunity and we...
EURJPY - 24h expiry
A Doji style candle has been posted from the high.
We are trading at overbought extremes.
A lower correction is expected.
The bias is still for higher levels and we look for any dips to be limited.
We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
We look to Buy at 149.05 (stop at 148.65)...
EURJPY currently has a score of +4, or a Buy rating after adding up all categories. First, let's look at what institutional traders are buying/selling. We can see that theEUR has a long percentage of 78.31%, and we see that the JPY has a long percentage of 23.83%. This category receives a +2, as institutional traders favor the EUR.
Taking a look at EURJPY, we...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
EURJPY is approaching a strong daily resistance and round number 150.0 , so we will be looking for sell setups on lower timeframes.
EURJPY is forming a head and shoulders pattern, but it is not ready to go yet.
🏹 For the bears to take over , we need a momentum candle...
Hey Traders, in today's trading session we are monitoring EURJPY for a selling opportunity around 150.1 zone, EURJPY was trading in an uptrend and successfully managed to break it out and currently EURJPY is in a correction phase in which it is approaching the retrace are at 150.1 support and resistance zone.
Trade safe, Joe.
Dear followers,
This pairs is in the uptrend from 11th May.
Look at the chart we seea bunch of candle express many short order
If this pair expect reject its support, price of EUR/JPY will reach resistance H4 151.200.
If you find this post useful, please like or subscribe our Channel
The head and shoulder pattern looks diagonal and the downtrend is expected to continue.
StopLoss:149
Short:146.98
Target:143.02
Please share your comments with me.
Hey Traders, in today's trading session we are monitoring EURJPY for a selling opportunity around 148.7 zone, EURJPY was trading in an uptrend and successfully managed to break it out, currently EURJPY is in a correction phase in which it is approaching the retrace area in which we will be watching a potential rejection from the resistance.
Trade safe, Joe.
**Find out more from my Tradingview Stream this week**
***************************************************************************************
Hello there!
If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏
And if you would like to show further support for me, you can gift me some coins on tradingview! 😁
Thank...
EURJPY - 24h expiry
Buying pressure from 147.88 resulted in prices rejecting the dip.
The current move higher is expected to continue.
This is positive for sentiment and the uptrend has potential to return.
Previous resistance located at 149.27.
Further upside is expected, however, due to the strong resistance above we prefer to buy a break of 149.27, which...
hello traders eurjpy is in a key resistance we might get a reversal we wait 4hr candle to close to conform price movement i will post the tp area after we get the breakout let me know what you think
Hey Traders, in today's trading session we are monitoring EURJPY for a selling opportunity around 148.200 zone, EURJPY was trading in an uptrend and successfully managed to break it out. Currently EURJPY is in a correction phase so we will be watching a potential retrace of the trend from 148.200 supply and demand zone towards more lows as JPY is considered a safe...
