#EURJPY UPDATE Hey traders,Welcome to Anna trade charts. Hope you are enjoying your trading journey and our trading analysis too. Today Anna is monitoring the pair EURJPY. EURJPY will go down soon. The reason behind this is that it breaks the more the 2 levels with momentum and didn't retest back, also there is a rising wedge pattern as well. Here we have more...
Eurjpy has been broken the flag pattern and it has tested.so we can do long by taking a small risk
EURJPY is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 161.575 Why we like it: There is a pullback support that aligns with the 23.6% Fibonacci retracement level Stop Loss: 160.440 Why we like it: There is an overlap support level Take Profit: 163.559 Why we like it: There is a...
Preferred direction: SELL Comment: The Japanese yen also performed well, and it was shorts on this pair that allowed us to close the target on the previous trading idea. Now the bearish mood remains and in the near future the long-awaited level of 147.801 is expected to be touched. Near this level, especially below it, there is immediately quite impressive...
Preferred direction: SELL Comment: The euro worked out exactly our previous long scenario. At the moment, the growth is most likely exhausted in the short term and a pullback is expected. The rollback is expected to be towards the nearest support at 1.07750. This is the main scenario. The second scenario assumes that buyers will be able to gain a foothold at...
EURJPY is moving in an Ascending channel on the 4 Hour Time Frame and the market has rebounded from the higher low area of the channel. We expect the pair to re-test the key support levels listed on the chart, We are taking this trade based on technical analysis and candlestick patterns. These are long-term trades, It is advisable to have enough margin to...
Well, as you can see the market structure is bearish, so we just looking for a sell. Now we have a bearish order block that we can expect to push the price down. As always, we need LTF confirmation in the bearish order block. 💡Wait for the update! 🗓22/11/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
FX:EURJPY retreats for the fourth session in a row and visits multi-session lows near 161.20 on Tuesday. Further downside appears well on the cards for the cross in the short-term horizon. That said, losses could then accelerate to the provisional 55-day SMA at 158.93 ahead of the interim 100-day SMA at 158.07. So far, the longer term positive outlook for the...
Hi Friends! Let’s analyses this pair from multi time frame. Weekly : Japanese Yen Index is getting rejection at strong Weekly support. Meaning, there will be a SELL pressure for all JPY related pair H1 : Multiple bottom pattern got breakout. Let’s wait for price to re-test Bearish Order Block + Resistance to SELL
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 started a correctional movement. Here are the important key levels to watch. Support 1: 160.43 - 160.85 area Support 2: 158.90 - 159.60 area Support 3: 157.72 - 158.14 area Support 4: 156.52 - 157.18 area Support 5: 154.39 - 154.90 area Resistance 1: 164.18 - 164.30 area Watch carefully these supports. From one of those, a bullish trend-following...
Price is falling to our buy entry at 161.00, which is a pullback support level, aligning with the 50% fibo retracement. Our stop loss is at 160.09, which is below the 61.8% fibo retracement. Take profit is at 162.05, which is a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be...
💬 Description: The level of 1.08530 was quite well processed by buyers, and it seemed that one could only look long, however, there are a couple of nuances that say that most likely there will be another correction ahead of this long. The purpose of this correction will most likely be to gain additional position by a big player. And the reason for this is the...
💬 Description: The medium-term reversal in GBPUSD is gaining momentum, we can already confirm this fact and now adhere to a more BUY priority. At the moment, we are expecting a culmination of buy orders, which will most likely occur first at sellers’ stop losses, and after market buy orders. We do not rule out a false breakout in order to disembark extra...
FX:EURJPY extends the decline below the 162.00 support at the beginning of the week. Further downside appears well on the cards for the cross in the short-term horizon. That said, losses could then accelerate to the provisional 55-day SMA at 158.87 ahead of the interim 100-day SMA at 158.02. So far, the longer term positive outlook for the cross appears...
eurjpy daily 155 buy, 148 stop, 170 take profit. and many-many words for moderation rules???
Preferred direction: SELL Comment: Sellers prevailed in gold and such domination is expected in the short term. There is a high probability that we will still go below 1965. We highlight two scenarios for ourselves, both with sell priority. The first option, which is also the most likely now for this instrument, is a fall from the current ones to the level...
Price in uptrend. Price pull back. Press the buy button. Thanks for reading.