Hello,Traders! EUR-JPY keeps growing And the pair is locally Overbought so after It hits the horizontal Resistance level of 164.229 We will be expecting A bearish move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
EUR/JPY has been BULLISH since July of 2023 so its abrave man (or a fool) who calls the top on this particular pair. That said the current wave of BUYING started earlier this month and there are clear signs that EUR/JPY BULLS are taking a breather. The SELL signal line of the Andean Oscillator is rising and the green buy line is crossing south over the signal line...
Here I have EUR/JPY on the 1 Hr Chart! The HOT news on French PMI Thursday Morning followed by the Not-So Hot German and Manufacturing/Services PMI readings began the formations of a strong reversal pattern called a Double Top! The mixed PMI results for USD seemed to ease Euros' decent BUT With 2.8% CPI and talks from the ECB of "possible Rate Cuts in March",...
Resistance 163.209 163.180 Fib .50 level 162.946 Support 162.705 162.688 Profit Target 163.537 EUR/JPY has experienced a rejection from the 162.688 zone and is currently ranging in the 162.946 Fibonacci area. The next potential move is anticipated to be a push to the upside, with a target of breaking the 162.946 level and reaching the daily high of 163.209....
We're back returning to the ATH, which is around the centreline of the rising channel we've been in since the pandemic. I'm definitely expecting a reversal soon, we may post another ATH by a whisker, or it may double top before a move back down to the lower boundary. Any strong JPY fundamentals will break the boundary and signal the reversal imo. Surely the ...
EUR-JPY keeps growing And will soon hit a horizontal Resistance level of 163.846 From where I think we will See a local bearish correction !
Dear traders, EURJPY recently has been overbought, and price is currently at the crucial level. There are two possible swing entries which can be utilised properly. JPY plummet to lowest, making it one of the worst performing currency on currencies index. Take sell entry with accurate risk management, no more than 80 pips in stop loss. If first entry fails, take...
EUR/JPY could fall towards a pullback support and potentially bounce off this level to rise towards our take-profit target. Entry: 162.675 Why we like it: There is a pullback support level Stop Loss: 162.361 Why we like it: There is a pullback support that aligns with the 23.6% Fibonacci retracement level Take Profit: 163.464 Why we like it: There is a pullback...
The EUR/JPY pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a bullish channel pattern. This suggests a shift in momentum towards the downside and a higher likelihood of further declines in the coming minutes or hours. Key Points: Sell Entry: Consider entering a short position around the current price of...
EURJPY ON TARGET OUR PRIVIOUS ANALYSIS OF EURJPY IS ON TARGET YOU CAN CLOSE YOU POSITION AND like and follow for more updates ENJOY YOU PROFIT
💵Pair Name EUR/JPY Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🌐 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 ( Long ) Mid Term Type : Mid Term Swing —————————— Bullish...
Hello traders! ‼️ This is my perspective on EURJPY. Technical analysis: Here we are in a bullish market structure from 1H timeframe perspective, so I am looking for a long. I wait price to make a retracement to fill the imbalance and if price rejects from bullish order block + trendline I will open a long position. Like, comment and subscribe to be in touch with...
Just like EUR/USD we can see an M-Top candle pattern has formed just below key resistance of WR1 on EUR/JPY. The neckline at 162.11 has been broken so I'm in SHOT on this pair. The pair fell just short of reaching key WR1 Pivot which is a concern so my STOP on this trade is above this level just in case we see some late buying in an attempt to hit WR1. The double...
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.
Eurjpy ready for long watch any price action pattren in small Time frame and go for long
price made a double top at 162.300 rejected and moved down. price bounced off 161.975 and started a retracement. price rejected off a lower tf fvg and made at double top in the fvg zone which happens to be at the golden zone. i expect price to break the 1 hr trendline fill the lower ob.
EURJPY🇪🇺🇯🇵 broke and closed above a key daily horizontal resistance. The growth may continue on the pair. Next resistance - 163.44 ❤️Please, support my work with like, thank you!❤️