GBP-JPY wis retesting a Strong horizontal resistance Level of 183.087 from where I think we will see a local Bearish correction !
Hello,Traders! EUR-JPY is retesting a Strong horizontal resistance Level of 158.056 again And despite the fact that The setup seems kinda risky I still think that it is a good idea To go short with the low risk Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Preferred direction: BUY Comment: Buyers confidently continue to move towards the mid-term high at 145. The accumulated volume in the balance sheet allows buyers to move even higher. Thank you for like and share your views!
USDJPYis where the move will be as USD sells off, well, that is the thesis, but that could play out in a short in EURJPY depending on EURUSD.
I chose to sell Because we have a resistance area that the price has rebounded from three times And we gave supply zone and choch On the daily time frame, we have a reflexive candle hammer
EURJPY is trading ascending channel and reached at long term resistance area. Around resistance area price has started to show some seller strength as we can witness nice bearish candles. Will the bears take control from this zone and send price to lower region.?
Dear colleagues, I anticipate that the price will test the support area at 155.632. After that, I will be looking for long positions. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Waiting for confirmation of frame 1 h when reaching the area The reasons are phrase previous low break bottom Double Top configuration is downward sloping, not even And supply with Imblance and Indusment
The EUR/JPY cross builds on the previous day's goodish rebound from the 155.80 region, or a one-week low and gains strong follow-through positive traction for the second successive day on Tuesday. The momentum lifts spot prices to over a two-week high, around mid-157.00s during the Asian session and is sponsored by the heavily offered tone surrounding the Japanese...
Dear colleagues, I believe that the impulse movement of Wave 3 has begun. A retest of the low is possible. The first target is the resistance area at 157.494. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hello,Friends! We are now examining the EUR/JPY pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 155.637 level. ✅LIKE AND COMMENT MY IDEAS✅
🔰 Pair Name : EUR/JPY 🔰 Time Frame : 4H/ DAILY 🔰 Scale Type : MID Scale 🔰 Direction : SHORT/SELL Not too much to talk about in technicals as it's all obvious at the moment, as shown in the analysis drawing. 📈 Fundamental shifts in the Japanese economy are gaining momentum. The recent remarks from Bank of Japan Governor Ueda at the ECB central bank forum suggest...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
#EURJPY is on a distribution zone which is now triple tops formed. We can clearly identify a head and shoulder pattern under the lower timeframe as well. With this price formation we can expect another revisit back towards the support.
Fundamentally seeing really weak EUR this week, and JPY getting stronger. We've just seen a break of the rising trendline and retest at the end of the week. This is going down, 1:4 RR
Hello traders, we want to check the EURJPY chart. The price is moving in a descending channel and has pulled back to the specified key level. We expect this level to play the role of a resistance level and maintain the downward trend of the price. We predict that the price until it drops around 155,200. Good luck.
You know what? Market is reality, if you know you know.