FX:EURJPY Break below 156.945 daily support and a retest with the 4h and 1h being bearish.
Preferred direction: SELL Comment: Another one of the most promising deals in favor of the US dollar. Here we will also patiently continue to wait for the US dollar to strengthen. The main obstacle for sellers is now located at the level of 0.65500. Having overcome this obstacle, the instrument is likely to fall to 0.65010 . This is where our sales...
Preferred direction: SELL Comment: Our deal on the pound has been going on for a long time. However, this does not in any way affect the sales we expect. Most likely, this expected fall is being delayed due to insufficient accumulation of the buyer, which is the main resource for the fall. The main target of the fall is located at the level of 1.25000 . But...
Preferred direction: SELL Comment: The currency pair continues to be under selling pressure. A number of important publications and reports are expected this week, and most likely the euro will fall to around 1.07500 by mid-week. Therefore, the previous plan is in force and we expect its further development. Already in the area of the indicated target,...
JXY: Price is forming a double bottom pattern at daily support. We are expecting bullish movement -> We can only look for SELL xxxJPY EJ h4: Price just breakout from strong support. Let's wait for a re-test and SELL it TP1: 158.70 TP2: 157.50 FX:EURJPY OANDA:EURJPY FOREXCOM:EURJPY PEPPERSTONE:EURJPY
Looking at AUDJPY, We have a pivotal moment at current price of 97.25 . A push to it-and-through it , will find bulls taking the lead out the gates for continued bullish momentum, However, eager and more experienced traders find themselves awaiting the better prices off the lows of 96.70s in order to target the full reversal push all the way to 98s . The...
Hey Traders, in today's trading session we are monitoring EURJPY for a selling opportunity around 160.150 zone, EURJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 160.150 support and resistance area. Trade safe, Joe.
EUR-JPY is trading in an Uptrend and the pair broke Out of falling channel pattern which reinforces our Bullish bias and makes me Expect a further move up After the local correction !
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 160.39, which is an overlap resistance. Our take profit will be at 158.87, a pullback support level. The stop loss will be placed at 161.76, which is a swing-high resistance level." High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of...
+ 1.) weekly momentum candle and then strong candle with rejection 2.) daily orderflow bullish 3.) hit daily fib. level (0.618) / daily level and fvg 4.) 4h divergence on daily orderflow small pullback then long
My dear subscribers, My technical analysis for EURJPY is below: The price is coiling around a solid key level - 159.78. Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 160.68 My Stop Loss - 159.39 About Used Indicators: By the very...
Based on the H4 chart analysis, we can see that the price is currently at our sell entry at 161.49, which is an overlap resistance. Our take profit will be at 160.71, a swing-low support level. The stop loss will be placed at 161,93, above a swing-high resistance level High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and...
EURJPY is trading in a bullish trend. After the price set a new higher high on a daily, it retraced to a key daily horizontal support. Test of structure made the pair start consolidating. The market started to coil within a narrow horizontal trading range. The resistance of the range was broken today. It is the important sigh of strength of the buyers. We...
Level - 160.311 Looks long Breakout + retest I expect a hike to 160.91
Similar to the trading idea I recently posted, I also observe a potential price pullback or a strong buying zone here, due to the high volume and the newly formed support. I plan to implement my strategy to trade this pullback.
When examining the EUR/JPY chart, a clear support level at the price of 159.615 can be identified, which formed around January 15th. More recently, a support level was established around 160.786. However, this level has been breached and now serves as a resistance level for future price movements. The last interaction in this price range, observed in the 15-minute...
EJ has some amazing bullish momentum behind it- and I am looking to continue to ride this trend and long it! I am waiting for at least a 50% retracement and price coming into the daily fair value gap (this is a must for my system!)- then we look for market structure shift on the hourly and attack! This is looking like a very yummy LONG! Follow and Stay tuned my...
FX:EURJPY tests resistance and forms a false breakout, but now the price is stuck inside the range and forms consolidation on which the further scenario depends. On D1 the price stops at one of the intermediate resistance levels - 161.4. Euro as well as Japanese Yen are getting weaker against the general background, the strong fall of Japanese Yen will...