FX:EURJPY registers back-to-back days of losses, down 0.22% in late trading during Friday's North American session, set to remain above the 163.00 figure after reaching a three-day low of 162.15. Even though the EUR/JPY sees red, today’s price action forming a hammer suggests that buyers stepped in at around the Tenkan-Sen at 162.37. After that, the cross-pair...
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.
We've only closed bearish 1 day in the last ten on EURJPY, it really has been a stand out performer recently. I was interested short a week ago before it broke out of the Daily channel, and since it has been nothing but a long. There is an interesting pattern that could present a possible short, but I'm being extremely patient and want to see as much...
Preferred direction: BUY Comment: Buy-priority for the currency pair is maintained. Today there was an attempt to break up, but limit orders held back buyers, and most likely, the next attempt to go up should be expected on Friday. In the worst case, growth is expected at the beginning of next week. Thank you for like and share your views!
FX:EURJPY advances further north of the 164.00 level and prints new yearly highs on Thursday. Further upside appears well on the cards for the cross in the short-term horizon. Against that, the surpass of the 2023 high of 164.30 (November 16) is expected to face the next significant resistance level not before the 2008 top of 169.96 (July 23). In the meantime,...
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.
FX:EURJPY climbs further and flirts with the 164.00 mark on Wednesday, new yearly peaks. Further upside appears well on the cards for the cross in the short-term horizon. Against that, the surpass of the 2023 high of 163.94 (November 15) is expected to face the next significant resistance level not before the 2008 top of 169.96 (July 23). In the meantime, the...
Hello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
Preferred direction: BUY Comment: In metals, the upward reversal happened a little earlier than expected. Naturally, gold picked up the momentary weakness of the American currency and is now seeing continued growth within the mid-term trend. Now we are setting a small target for ourselves from current prices, namely the level of 1981.683. Thank you for like...
Preferred direction: SELL Comment: The weakening dollar plays in favour of the yen, which is right at key levels. Here we are seeing a deeper upward correction in favor of the dollar after yesterday’s impressive momentum. However, most likely this fuse on the part of buyers will be extinguished and the price will go down again. We highlight two scenarios for...
EURJPY - 24h expiry We are trading at overbought extremes. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A lower correction is expected. We prefer to consider the medium term trend and expect buying interest to support as prices move lower. Further upside is expected although we prefer to buy into dips...
EURJPY price shows rejection from the trendline everytime, price seems to be rejection from the trendline this time too, if price continues to show rejection from the trendline we can expect a bear move this time.. Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting...
Preferred direction: SELL Comment: This currency pair continues to stand out from other major currency pairs. Here, despite the strengthening of the US dollar, which is expected in the near future, the yen will most likely strengthen. This is kind of like one of the market maker's tricks. We do not exclude another false breakout of the local maximum and then a...
💬 Description: The situation with the euro still forces us to take a closer look at sales. In the medium term, we are most likely to see a decline. Before this, one can take a closer look at long, but not above the level of 1.07000 . The most conservative thing to do is to place your take profits below this level. After which, as was said, a deep drop is...
FX:EURJPY manages to clear the 162.00 hurdle and print fresh 2023 tops at the beginning of the week. Further upside appears well on the cards for the cross in the short-term horizon. Against that, the surpass of the 2023 high of 162.36 (November 9) is expected to face the next significant resistance level not before the 2008 top of 169.96 (July 23). Bolstering...
Both GBP and the EUR cross are showing bullish traits, but grade B trade set ups.
EUR/JPY is currently trading at 163.1, and there are a number of factors that suggest that the pair could continue to move higher in the near term. First, the ZEW Economic Sentiment Index for Germany is expected to improve from -1.1 to 5. This would be a significant improvement, and it would suggest that the German economy is on track to continue to grow in the...
FX:EURJPY resumes the upside and prints new yearly highs in the vicinity of the 162.00 yardstick on Friday. Further upside appears well on the cards for the cross in the short-term horizon. Against that, the surpass of the 2023 high of 161.85 (November 10) is expected to face the next significant resistance level not before the 2008 peak of 169.96 (July 23) So...