JPY 1D Outlook for next week Currently JPY running with Descending channel and still on path correctly. Already broke the 4H Support level 754.4 and continues bear market. Analyze recommend to open buy order with All JPY pairs according to strong side. ( USDJPY Didn't recommend till CPI ) Key levels D1 Pressure level located | 767.3 | 774.6 Support level...
The price of EURJPYwill most likely collapse soon enough, due to the supply beginning to exceed demand which we can see by looking at the chart of the pair. ❤️ Please, support our work with like & comment! ❤️
Hello,Traders! EUR-JPY keeps growing But will soon retest a Horizontal resistance Of 161.781 from Where we are likely To see a local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
EURJPY is trading in a bullish trend on a daily. After the price set the last high, the market started a correctional movement within a bullish flag formation. The resistance of the flag was broken yesterday with a strong bullish imbalance. We can anticipate a bullish trend continuation now. Goals: 161.44 / 162.5 ❤️Please, support my work with like, thank you!❤️
Pure technical analysis. At market close on Friday 2 February, EURJPY reached the upper channel of the micro-Elliott Wave (ABCDE waves) which was the last part of the Elliott wave from the previous bullish movement (12345 waves). Wave 12345 also indicates a break of structure heading upwards. We predict that EURJPY will complete leg E of the micro-Elliott Wave...
Many traders are going to be taken out of this trade because of being impatient. Price still has some room to rise to the resistance. Look for sells around 163.650 to 163.700. Price is likely to hike tomorrow after GER CPI data at 09:00 (CAT) , reacts when price reaches trend line.
My dear friends, Please, find my technical outlook for EURJPY below: The instrument tests an important psychological level 160.57 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 159.64 About Used Indicators: Super-trend indicator...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EUR/JPY is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 160.289 Why we like it: There is a pullback support level Stop Loss: 159.853 Why we like it: There is an overlap support that aligns close to the 50.0% Fibonacci retracement level Take Profit: 160.929 Why we like it: There is...
After reaching a recent low in the 153 zone at the beginning of the year, EurJpy began to ascend. By mid-January, it successfully surpassed the 158 resistance and surged upward, reaching a peak at 162. A normal correction ensued, confirming the establishment of a new support level at 158. Yesterday, the pair made a higher low, and the current price is breaking...
Hello guys, i am looking forward for a uptrend move in Eurjpy towards 160.30 or above, as per smart money concept we are in deep discount and taken out the sell side liquidity and looking forwards to target the buyside liquidity at 160.30 level on a 2hour time frame . which is deep clean and clear level for sellers and as a SMC trader we love to hunt stops. :)
Hello traders, we want to check the EURJPY chart. The price is moving in a descending channel and has pulled back to the indicated key level. We expect this level to play the role of a resistance level and maintain the downward trend of the price and the price will fall to around 158,400. Good luck.
Here I have EUR/JPY on the 4Hr Chart! Ever Since the beginning of the sight of the Double Top Reversal Pattern on the Weekly Timeframe, Price for EJ has been slowly forming what looks to be a Bearish Channel! Now over the weekend of Jan. 19th - 21st, Price crested inside the Channel and made a strong decline signaling the Buying Power has waned allowing Bearish...
Waiting on a Mitigation on a 30m OB. We also have liquidity resting, that could lead price to rapidly move towards our Sell Limit
FX:EURJPY The weekly, daily are overall bullish; On the 1h price managed to break its bearish structure at the daily low pushing up and breaking above the 1h key support/resistance level and price making a retest as support the 1h key support/resistance area/zone. Entry is based on the 1h bullish engulfing candlestick at the 1h key support/resistance area/zone
EURJPY is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.85595 which is an overlap resistance that aligns with 23.6% Fibonacci retracement. Stop loss is at 0.85879 which is an overlap resistance that aligns closely with the 38.2% Fibonacci retracement. Take profit is at 0.85174 which is a...
EURJPY is rising towards an overlap resistance and could potentially rise higher to our take profit level. Buy entry is at 160.276 which is an overlap resistance that aligns closely with the 61.8% Fibonacci retracement level. Stop loss is at 158.510 which is a level that sits below a multi-swing low support. Take profit is at 161.761 which is a swing-high...
This week, prevailing market dynamics suggest a bearish sentiment for the EUR/JPY exchange rate, propelled by a convergence of influential factors. Foremost among these is the European Central Bank's cautious monetary policy stance in response to lingering concerns surrounding inflationary pressures and economic recuperation within the Eurozone. Compounded by...