Preferred direction: BUY Comment: Just like in the euro, we stubbornly continue to look closely at purchases in the pound. Of course, this idea has exclusively medium-term prospects. Scenario №1 is in the works, and scenario №2 may be activated in the near future. In this case, long entry points will need to be looked for near the level of 1.25000 ....
FX:EURJPY is recovering mainly on the background of the growing euro, which is reacting to the falling dollar. The currency pair has local resistance ahead. On D1 we see a weak uptrend, but, the bullish reaction in the market followed after the retest of the false breakdown of the 50-day moving average and this is quite a positive sign as the market is trying...
EURJPY - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell EURJPY Entry Level - 161.12 Sl - 161.75 Tp - 159.85 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Pair Name : EURJPY TimeFrame : 4Hrs Direction : Long Type : Swing Target Range : 300 Pips ------------------------------------------------------------------------- Neat and clean chart with clear setup, no junk on chart. ------------------------------------------------------------------------- If you like this idea, then smash like button and follow us for...
1-Month High (161.858) is a strong resistance. EURJPY has lost its upside momentum, so consolidation is underway, at least to a more significant support at 158.070. Technical data is supported by signs of recovery in the Japanese yen.
EUR/JPY is in the process of possibly carving out an M-Top candlestick pattern at a level of historical resistance. The neckline comes in at 160.74 which will be our entry. We are looking for a 1:1 trade so our STOp is above the last high and our take profit comes in at 160.24 though this is below the 2090 EMA on H1 and its likely that if the trade does trigger...
Preferred direction: BUY Comment: Since last week, as well as earlier, we have maintained a confident long position on this currency pair, which we continue to do. The current trading week will be more eventful with the publication of economic data; we will be especially interested in inflation in the United States. You can also find long entry points around...
An intriguing trade opportunity has been identified on the 15-minute chart involving a type2 Bearish Gartley Pattern. While it may not appear significant on the shorter timeframe, looking at the Daily Chart provides a different perspective. Utilizing the Combo Trade Management System and targeting the first level of support can yield attractive returns. What are...
EURJPY we have FVG and we have strong order block at 159.600 price will drop to order block and clear fvg and price will rice to 161.20-162.00
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...
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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 159.518. ✅LIKE AND COMMENT MY IDEAS✅
After an uptrend, EC went side for a longer time, I took trades in the middle of the range! Not the best way to do it. Hopefully next days and weeks it will leave the range and go north.
EUR-JPY is already making A bearish pullback from The horizontal resistance Of 161.404 and I think That we might see A further move down !
Fed officials last week again signaled the U.S. central bank has no pressing need to cut rates. The message gave the dollar an extra tailwind that pushed the yen to a 10-week low as traders reduced bets on how quickly the Bank of Japan (BOJ) might raise rates. BOJ Governor Kazuo Ueda said on Friday there was a high chance for easy monetary conditions to persist...
Waiting for a break and retest at 160.261 to long EURJPY back to 4H swing high at 161.738 If you agree drop a like and if you have any questions leave a comment :)
✅EUR_JPY is approaching a supply level of 161.756 So according to our strategy We will be looking for the signs of the reversal in the trend To jump onto the bearish bandwagon just on time to get the best Risk reward ratio for us SHORT🔥 ✅Like and subscribe to never miss a new idea!✅