My dear followers, This is my opinion on the EURJPY next move: The asset is approaching an important pivot point 159.60 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 159.05 About Used Indicators: For more efficient signals,...
EURJPY is responding to the resistance zone, having formed a pronounced bearish candle on the 15-minute chart. This sets up a favorable opportunity for profit through a short position.
EURJPY is on an uptrend, price could continue to rise and break out of the buy entry. From there, it could continue to rise to the take profit level. Buy entry is at 159.835 which is an overlap resistance level. Stop loss is at 157.947 which is a level that sits under an overlap support. Take profit is at 164.273 which is swing-high resistance level. High Risk...
Waiting for an entry pattern at 159.129 to short EURJPY back to Daily key level at 154.806 If you agree drop a like and if you have any questions leave a comment :)
We had a pretty short touch on eurjpy, bit late for entry but still valid for the short, lot of sellers there...
Hello traders, we want to check the EURJPY chart. The price is in an ascending channel and after breaking the specified resistance area, it has pulled back to this level again. We expect this level to maintain the upward trend of the price and the price will grow up to around 161.300. Good luck.
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the EURJPY pair price action which suggests a high likelihood of a coming move down. ❤️ Please, support our work with like & comment! ❤️
Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity EURJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 158.87 which is a pullback support that closes to the 38.2% Fibo retracement. Our take profit will be at 160.46, which is a pullback resistance level. The stop loss will be placed at 157.25, which is a support level. High Risk Investment Warning Trading Forex/CFDs on...
- The EUR/JPY is seen at 159.40 with 0.30% losses. - The cross rallied 1.30% on Wednesday, towards 160.00, it highest since the beginning of December. - Daily chart indicators reveal a stagnant yet optimistic RSI and a leveled-off MACD histogram, hinting at a steady buying momentum. - Charts suggest bullish control overall despite consolidation in four-hour...
EUR/JPY is rising towards a pullback resistance and could potentially break off this level to climb higher. Buy entry is at 160.004 which is a potential breakout level. Stop loss is at 158.830 which is a level that sits under an overlap support. Take profit is at 161.538 which is a pullback resistance that aligns with the 78.6% Fibonacci retracement level. ...
Price broke out of a descending channel impulsively that's more visible in 1HTF, but Currently on 4HTF, OANDA:EURJPY is trading in an ascending channel, I'm expecting price to test and validate the upper trendline of the channel, then a continuation flag pattern which will serve as an entry opportunity. If you found this helpful please support your fellow...
Dear FRIEND, I hope you're doing well and that the new year has started on a good note for you. I wish you success in your business endeavors and a happy new year with your loved ones. As someone interested in the Elliott Wave principle, I find it to be a valuable tool for market analysis. I have developed my approach by combining this principle with my personal...
Is EURJPY exhausting at resistance zone? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 157. What you guys think of it?
Pair : EURJPY ( Euro / Japanese Yen ) Description : Rising Wedge as an Corrective Pattern in Long Time Frame with the Rejection from the Upper Trend Line. Completed " 1234 " Impulsive Wave and Completed the Break of Structure and Retracement with Strong Divergence
EURJPY managed to violate a neckline of an ascending triangle formation on a daily and closed above that. It confirms the dominance of the buyers and increases the chances that the market returns to a global bullish trend. The next goal for buyers will be 161.2 ❤️Please, support my work with like, thank you!❤️
EUR/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower towards our take profit target. Entry: 159.950 Why we like it: There is a pullback resistance that aligns close to the 161.8% Fibonacci extension level Stop Loss: 160.595 Why we like it: There is a pullback resistance that sits above the 78.6% Fibonacci...
EURJPY price has an opportunity to test the resistance zone. 160.433-160.647 If the price cannot break through the 160.647 level, it is expected that in the short term there is a chance that the price will decrease. Consider selling in the red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!