EUR/JPY bears in the market and eye break of support. M formation eyed on H4 chart.
very bullish from a daily and weekly perspective waiting for a pull back and rejection to look for buys back up to previous highs
During the Asian session on Friday, the GBP/USD pair slightly increases and distances itself from the lowest point it reached in the past week and a half, which was around the 1.2840-1.2835 range. However, there isn't much momentum in terms of buying or a strong belief in an upward trend, and currently, the pair is trading around the 1.2880 range, with a modest...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
If you look at the market structure that occurs in Wave B, the possibility that happens is the correction of A-B-C-D-E and the possibility in the next few days consolidated before reversal occurred. I am of the opinion that the bullish trend has been broken, because the price has fallen more than 2 Snd and sees the next price structure is the correction structure,...
Here is our detailed technical review for EURJPY. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 157.758. Considering the today's price action, probabilities will be high to see a movement to 157.035. P.S Overbought describes a period of time where there...
EURJPY is trading in a long-term bullish trend. After it reached 158 level, the market started a correctional movement. The price retraced to a rising trend line and bounced from that. The market is retesting the current high now. If the price breaks and closes above that on a daily, it will trigger a trend-following movement. A bullish continuation will be...
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 153.282 level. ✅LIKE AND COMMENT MY IDEAS✅
✅EUR_JPY is about to retest a key structure level of 158.038 Which implies a high likelihood of a move down As some market participants will be taking profit from long positions While others will find this price level to be good for selling So as usual we will have a chance to ride the wave of a bearish correction SHORT🔥 ✅Like and subscribe to never miss a...
Looking at the chart of EURJPY right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely. ❤️Please, support our work with like & comment!❤️
My dear friends, My technical analysis for EUR/JPY is below: The price is coiling around a solid key level - 158.112 Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Goal - 157.000 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing...
Preferred direction: SELL Comment: The currency pair aggressively approached one of the key resistance areas 141.327 - 142.204. To pass this obstacle at the moment is not an easy maneuver for buyers. The area of resistance is interesting for its accumulation of volumes for pushing, after which strong impulses were generated. In general, the current local...
EURJPY is bouncing of resistance, I am into short positions looking for a nice profit! Trade safely! Let me know what you think!
Preferred direction: BUY Comment: The European currency also approached the support area, in which the push volume was formed for the last time. An aggressive approach to this support area also favors buying, and further downside is unlikely. Recovery is considered to level 1.11861. Thank you for like and share your views!
My dear friends , My technical analysis for EUR/JPY is below: The price is coiling around a solid key level - 156.296 Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Goal - 155.601 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish...
EURJPY is falling towards a key overlap support that aligns with the 50.0% Fibonacci retracement level. Price could hit the buy entry at 155.25 and potentially reverse from this level to bounce higher. Take profit is at 157.94 which is a multi-swing-high resistance. Stop loss is at 153.37 which is a swing-low support that aligns below the 78.6% Fibonacci...
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 154.986 level. ✅LIKE AND COMMENT MY IDEAS✅