Hello everyone, i hope you enjoy this idea and I would like to hear from you in the comments what you think about it. Your feedback is really important to us as our team is trying to improve everyday.
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.
My analysis on EUR JPY, I use limit orders so I don't need to be in front of the chart all day. To consider this a good entry there are certain criteria to follow: 1. Clean BoS with IMB. 2. * Look for areas where liquidity has been purged. 3. * Stochastic: in uptrend 0-15, in downtrend 85-100. ( * ) = Not optional but increases our probability. I use Fibonacci...
Hello,Traders! EUR-JPY is trading in an Uptrend and the pair broke The key horizontal level Of 161.770 and went Further up so the breakout Is confirmed and which reinforces Our bullish bias and makes us Believe that we will see A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Hello! Based on the formation of the CHOCH structure and the identification of key supply and demand zones, I have analyzed the EUR/JPY pair on the 1-hour timeframe. If the price can reach the demand zone and receive confirmation, we can consider entering a long position. The potential targets could be the supply zones, which act as significant resistance...
EURJPY is rising towards an overlap resistance, price could potentially reverse from this level and drop towards the support level. Sell entry is at 161.722 which is an overlap resistance that aligns closely with the 50% Fibonacci retracement. Stop loss is at 163.451 which a swing-high resistance. Take profit is at 160.256 which is the overlap support. High...
Hello traders, we want to check the EURJPY chart. The price is moving in a downward channel and has pulled back to the specified resistance level. We expect this level to maintain the downward trend of the price and the price will fall to around 160,600. Good luck.
EURJPY has so much room to fall as we are right at the resistance. Target is around 152.00