Hey there on 2htF the EURJPY looking for upside continue So we can see now that can break 170 level And then our next target is 172 resistance level
EUR/JPY has just reacted off the pivot and could potentially rise to the pullback resistance. Pivot: 168.31 1st Support: 167.37 1st Resistance: 170.03 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so...
Hello,Traders! EUR-JPY is trading in an Uptrend and the pair has Now broken the falling Resistance line which Reinforces our bullish bias And makes me expect A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello Traders In This Chart EURJPY HOURLY Forex Forecast By FOREX PLANET today CADJPY analysis 👆 🟢This Chart includes_ (EURJPY market update) 🟢What is The Next Opportunity on EURJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Hey Traders, in today's trading session we are monitoring EURJPY for a selling opportunity around 169.500 zone, EURJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 169.500 support and resistance area. Trade safe, Joe.
EJ has been heavily, bearish within - not just - the last few hours, but days. Sells have most definitely taken over and have resulted in continuous breaks of structures downwards. The last BOS on the far right - once it happens (Seeing as lows just keep being attacked, with liquidity continuously being left behind) - will confirm the overall sell into demand...
EURJPY Sell Stop Loss: 170.00 Targets: 169.200 169.100 169.000 168.800 168.500 168.333
- Bullish divergence in the current bearish trend - Expected to complete reversal AB-CD pattern - Support at D - Take entry if Trend change and C is broken
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EURJPY is somewhat correlated with GBPJPY, which currently shows no signs of going bearish. After solidly breaking the monthly support and executing a nice pullback, EURJPY reacted firmly on the support with a few strong hourly candlesticks. Like GBPJPY, we need to wait for it to break the current resistance before going long. Look for a strong bullish...
Dear Traders, JPY has been bullish since this week, and will likely to remain bullish as we approach NFP. If DXY turns out to be bearish it will likely boost JPY to continue the bullish momentum. In short time, we expect price to drop further and make smaller correction towards our entry zone. Once it does that, we can then enter with accurate risk management....
A lot of the JPY pairs have been recently moving similarly (not surprising due to their obvious relationship). I’ve been keeping an eye on UJ, GJ and my personal favourite EJ - for me to notice their recent similarities. Anyway, price successfully reached the supply zone and instantly began to dump, successfully shown by the initial displacement. This signalled...
Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range Tuesday DAY 2 Initial...
Based on the H4 chart analysis, we can see that the price is currently at our sell entry at 169.89, an overlap resistance close to the 78.6% Fibonacci retracement. Our take profit will be at 167.40, an overlap support. The stop loss will be placed at 171.58, which is a swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a...
The ECB are expected to cut their benchmark rate for the first time in 8 years in a few hours. Yet as it has been so well telegraphed and they seem unlikely to provide promise of further cuts just yet, we suspect upside potential for euro pairs once the dust has settled. And with Wall Street at new highs and appetite for risk on the rise, EUR/JPY looks good for...
EUR/JPY is rising towards the pivot point which has been identified as an overlap resistance and could reverse to the 1st support. Pivot: 169.45 1st Support: 167.39 1st Resistance: 170.82 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not...
There has been historic support and resistance within the zones marked on the setup above. This was a late entry and will still respect the stop loss and take profit zones. Thanks Don
BUY on the theory markets ranges 70% of the time, and BUY on the theory markets retraces HALF of the previous leg 90% of the time. Entry on the 5m TF.