Unless you've been living under a rock the last few years you have seen the massive depreciation in the Japanese Yen against every other major currency pair in this post I'm going to share with you why I think the BIG reversal in fast approaching. This post is much like the post I did on the CHF at the beginning of the Year where I correctly predicted a major...
✅EUR_JPY will be retesting a support level soon of 163.400 From where I am expecting a bullish reaction With the price going up but we need To wait for a reversal pattern to form Before entering the trade, so that we Get a higher success probability of the trade LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Trend on the jpy crosses were mostly to the upside, pullback was seen on last thur,fri, currently lets see how the trendline and key support holds. will it propel it higher? This is same for EJ. UJ has a potential double tops.not confirmed yet though Do check out my...
Hello,Traders! EUR-JPY went down to Retest the horizontal support Of 163.450 from where I will be expecting a Local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
EURJPY - Intraday Price action looks to be forming a top. A lower correction is expected. Short term bias is bullish. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Further upside is expected although we prefer to buy into dips close to the 163.40 level. We look to Buy at 163.40 (stop at 162.30) Our...
HELLO TRADERS As I can see EURJPY is testing a strong support zone on Friday. we expected on Monday markets opening it will start to move upside till design given levels Friends it just a trade idea Kindly share Ur thoughts with us on EURJPY. Stay Tuned for more Updates!!
✅EUR_JPY is trading in an Uptrend and the pair broke the Key horizontal level of 164.000 Which is now a support and The pair is now going down To retest the new support From where we wil be expecting A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
EURJPY price is in a correction period. and is an upward trend The price is now approaching the 158.6 support zone. If the price cannot break through, It is expected that there is a chance that the price will rebound. Consider buying the red zone >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
price rising inside a yellow parallel channel testing upper and lower trend line
EUR/JPY could fall towards a potential breakout level and drop lower from here should we see the BoJ finally raises interest rates today (19th March). Sell entry is at 161.877 which is a potential breakout level. Stop loss is at 162.800 which is a level that sits above an overlap resistance. Take profit is at 160.380 which is a pullback support that aligns...
MARKET PHASE OANDA:EURJPY is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses) above...
#AUDUSD UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about AUDUSD. AUDUSD exactly moved According our analysis as predicted. Already 100Pips+ gain so far. Now this is at a support level. We can small Retesting here before breakdown. Keep in touch we will update further soon.
In Monday's Asian session, the EUR/JPY pair maintains a positive stance near 162.55, trading with strength below the resistance zone of 162.00. This uptrend is fueled by investor optimism surrounding the potential shift in the Bank of Japan's (BoJ) monetary policies, expected to occur in March or April. The BoJ's upcoming interest rate decision, scheduled for...
The EURJPY pair is breaking above the 0.618 retracement at 162.38. The RSI shows positive sentiment and has broken above its falling trendline, indicating that EURJPY is set to move higher. If the RSI closes back above the 60 thresholds, EURJPY is likely to break above the February peak at 163.72, with potential to reach 165.00-165.88. If it fails to close above...
Hello,Friends! The BB upper band is nearby so EUR-JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 161.214. ✅LIKE AND COMMENT MY IDEAS✅
My analysis suggests that EURJPY will soon reach the level of 160.651. If the HAMER CANDEL on level, buy position However, if the price to break above this level, there is a possibility of a downward movement and entering a short trade. Set stop-loss and take-profit levels for your trade. Pay attention to economic news and events in Europe and Japan. There...
👉Examining the trend in the four-hour time frame, EUR/JPY has crossed the resistance barrier of the bearish cloud of the Ichimoku indicator and seems to have targeted the resistance range of the previous ceiling in the range of 163.71-163.43.