The EUR/JPY pair on the M30 timeframe presents a potential Buying opportunity due to formation Head & Shoulder pattern. This suggests a shift in momentum towards the Upside in the coming Hours. Key Points: Buy Entry: Consider entering a Long position around the current price of 167.12. This offers an entry point near the perceived shift in momentum. Target...
☑Pair Name : EUR/JPY Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— Bearish Break 169.500...
Once again. Hard support level. BUY 166.50 | STOP 165.50 | TAKE 167.90
✅EUR_JPY made a nice Bullish correction and retested A horizontal resistance level Of 168.000 from where we Will be expecting a Local bearish correction SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
The yen has posted several outsized moves in recent days, appreciating sharply on Thursday and Friday from 38-year lows of 161.96 per dollar, sudden rallies that market participants said had the signs of currency intervention. Bank of Japan data released on Tuesday suggested Tokyo may have spent 2.14 trillion yen ($13.5 billion) intervening on Friday. Combined...
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.
Hello, Friends! Previous week’s red candle means that for us the EUR/JPY pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 171.112. ✅LIKE AND COMMENT MY IDEAS✅
Support from levelse 167.30-50. BUY 167.50 | STOP 166.70 | TAKE 168.60
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.
Yen Forex Pairs have fallen across the board on rumoured intervention. This is the propping up of the Yen Currency by Japanese authorities to stop the upward flow of its counterparts and draw further weakness of the JPY due to interest rate differentials between major economies. The question is, will it continue?
Many of us never realized that the current bull run in this pair began more than 4 years ago. Is anything going to change soon? I don’t think so, not until the recent low at 167.520 is convincingly taken out. At this time, my bias is therefore bullish and I am only looking for the conclusion of the current pullback. Once that is established, I will be looking...
Hello traders! ‼️ This is my perspective on EURJPY. Technical analysis: We are bullish and price rejected from trendline + LZ, as well we have hidden divergence. On H4 we have regular divergence, so I wait price to break the structure for a long position. Like, comment and subscribe to be in touch with my content!
EURJPY - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy EURJPY Entry Level - 170.66 Sl - 169.46 Tp - 172.75 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Following the breakout at the 0.5 fib level, as analysed in the previous post, it retested and the bullish momentum continued. My entry point is at 171.9, target is at 174.4 and SL at 171.1 My R:R target is 1:3
Take a look at our analysis for EURJPY. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 171.611. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 172.674 level. P.S The term oversold refers...
Hello,Traders! EUR-JPY is trading in an Uptrend and the pair is Making a rebound from The rising support so We are bullish biased And we will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello, Friends! We are targeting the 172.379 level area with our short trade on EUR/JPY which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅