EURJPY - 24h expiry Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. This is positive for sentiment and the uptrend has the potential to return. The hourly chart technicals suggest further downside before the uptrend returns. The bias is still for higher levels and we look for any dips to be limited. We...
🔸Hello traders. Let's review eurjpy 8 hour chart today. speculative buy/hold setup for EURJPY bulls, compression in progress right now. Recently rejection from overhead resistance at 151.35, right now pullback in progress, but this is another buying opportunity. focus on buying low after re-test. 🔸Strong price chart, sequence of higher lows and recently the...
speculative xabcd setup advanced entry bulls with confirmed reversal at point C at 140.15. Expecting short-term pullback. point C was printed recently and confirmed a higher low setup. XABCD pattern structure is defined by point X at 146.90. point A at 138.80, point B at 145.00, point C at 140.15 and point D at 149.50, which is a 127 extension. Recommended...
Hey Traders, In this educational video we will assess another rampant YEN pair and where we are looking short for safer entries based on DCA rules. It's important to lower size and not go nuts because you THINK the price will stop. It is important also to have a natural bias for value. Watch for more and post Qs below.
This is trade idea for EURJPY Day Trade -Sell below 149.876 (Sellside Liquidity Asian Session) according to the confirmation that will occur. -Possible bearish price movement towards the support. -Risk Reward 1:2
Going to start tracking some ideas that I trade on a live account with an EA I made. The first one is a long EJ
Looking for continued weakness in the USDJPY as the DXY comes off its highs. The GBPJPY reversed and then followed through to the downside and so we could get a continuation here too The EURJPY did the same but with no follow through so this was the only loser yesterday. The strategy doesn't do as well on a Wednesday as it usually does on Monday and Tuesday....
EURJPY on the 4h chart after our previous analysis (link below) reached the daily resistance. The price still looks bullish and shows us a distribution phase before a new test of the upper structure. According to Plancton's strategy IF the price will break above we can look for a nice long order.
On EUR/JPY is nice to see strong buying reaction from the price 149.440 and 147.640 , there is nice to see strong volume area.... Where is lot of contract accumulated... I thing that buyers from this area will be defend this long position... and when the price come back to this area, strong buyers will be push up the market again... Uptrend + Volume cluster...
Based on the analysis, the EUR JPY is forming bearish candles after making a higher high. We can see a rising wedge being formed alongside the divergence on RSI, indicating that that it is likely to reverse its trend. The analysis suggests that the market is likely to experience lower lows in the coming period, and we can consider shorting the pair if price...
eurjpy is at strong resistance area a move to the down side expected look for bearish confirmation on lower time frames and sell with your own money management patience is the key
As seen from the chart, price has broken a major trendline but however, we an short for a few pips before deciding by price action if the bulls are still valid
Hi fellow traders, EURJPY has formed a new corrective structure after the last drop. Look for a sell opportunity from this area. The trade will be invalidated if we break the red line. Target the support levels. Good luck and trade safe!
price need to rest on the support zone first to keep going up
Looking ahead, the EURJPY is poised to be the most trending pair in the coming week, with a bullish Euro and bearish Yen driving the market. This presents a great opportunity for trend traders, as the pair is expected to rise steadily. Personally, I will be watching for a retest of 149.53 on the 1-hourly chart as an entry point for a trend-continuation trade....
EURJPY is expected to fall after the completion and breakdown of the diagonal triangle
As a forex trader, I have been keeping a close eye on the EUR/JPY currency pair, which has been on a steady upward trend for the past eight years. In my previous post, I discussed this trend, and now I want to dive deeper into what's been driving it. Over the past eight years, there has been a consistent upward trend in the value of EUR/JPY, with major breakouts...
EURJPY is in a strong uptrend after a rebound on the ichimoku cloud. A new high is to be expected this week with a Final target at 150.00