eurjpyforecast

Hi Seildev here: EUR/JPY Long - 127.00 Key area of interest - 125.8 2nd level of support - 123.92 3rd level of support If entered at 127.00 tp @ 129.85 If entered at 125.8 tp @ 128.488 Safe trading

Our preference: position bought above 127.00 with targets at 128.25 & 129.05 in extension. Alternative scenario: in break of 127,00, a continuation of the decrease will be envisageable with 126,35 & 125,65 in line of sight. Comment: a support base on the 127.00 formed and allowed temporary stabilization.

Sell below 125.13. Stop loss at 125.36. Take profit at 124.63. Reason for the trading strategy (technically): Price has shot all the way up and reached our profit target perfectly. We prepare to sell below 125.13 resistance (Fibonacci extension, Elliott wave theory) for a short term setback to at least 124.63 (Fibonacci retracement, horizontal pullback ...

We hope that our analysis can help you in your trading. This is an update for EUR/JPY, it is predicting for PRICE BREAKOUT. It would be a great idea to BUY on 125.172 and place your TARGET at 125.572

Buy above 123.78. Stop loss at 123.15. Take profit at 125.32. Reason for the trading strategy (technically): Price is approaching major support at 123.78 (Fibonacci retracement, Fibonacci extension, horizontal overlap support) and we expect to see a bounce above this level for a rise to at least 125.32 resistance (Fibonacci extension, horizontal swing high ...

Hi, Seildev here: Area of interest: - Daily chart resistance for all May/17 at 38.2% fib from high Dec/2014 to low Jun/2016 - Respected resistance from 25th/May/17 - Confluence 61.8% fib for short - 124.45 to short Safe Trading everyone.

Area of interest: - Daily chart resistance for all May/17 at 38.2% fib from high Dec/2014 to low Jun/2016 - Respected resistance from 25th/May/17 - Confluence 61.8% fib for short - 124.45 to short

Buy above 122.56. Stop loss at 122.30. Take profit at 123.63. Reason for the trading strategy (technically): Price is now testing major support at 122.56 (Fibonacci extension, horizontal swing low support, bullish divergence) and we expect a strong bounce up from this level to reach at least 123.63 resistance (Fibonacci extension, horizontal swing high ...

For quite some days, the Euro-Japanese Yen has been solely consolidating within this range despite the further decline of other Euro Forex pair. That being said, this may be qualified to be an NR7 trade; it is also called as Narrow Range 7 day bar. With the NR7-qualified trade, we can also see a possible formation of a triple-top-double-bottom... or a possible ...

I have a longter term Short setup for the EURJPY but here we see a shorter term H&S pattern setup forming for anyone interested in a shorter, possible intraday trade. Wait for a break of the neckline before entering and a more conservative approach would be to wait for a pullback and re-test, however, from experience we know this does not always happen. If you ...

EUR/JPY has lost it's bullish trend and may breakout it's support 200 pips+ down. This is a great setup and could be a long term bearish reversal entry. Always invest after your own analysis as well as money manage properly. Happy trading!

Time to go long from current level for 120 PIPS Let's Watch !!

Short EURJPY to 121.6

We recently shorted the EURJPY with great success and it is currently travelling back up to the trend line. As the current trend line is based on the 1D chart and the day is not over, it is not possible to determine exactly where the current trend line will stop and for this reason, I have made two possible entries on this trade setup. We can see the price has ...

We recently shorted the EURJPY with excellent results, hitting our price target and bouncing from the major support/resistance line as expected. Now we are heading back up and as you can see I have outlined how we've gone from making Higher Highs to Lower Highs and so it would seem the uptrend is coming to an end. Ideally I would wait for price to reach the top, ...

We saw a bullish EMA crossover (Golden Cross) occur on the 26th of April 2017 on the 4H chart and price has respected this crossover and has been riding above it, making higher highs. However, in recent weeks we've seen progression slow down and we have made our first Lower High as the uptrend begins to curve round to the downside. Price has also fallen below ...

Buy above 124.35. Stop loss at 123.65. Take profit at 125.25. Reason for the trading strategy (technically): Price has reached our profit target from last week. We prepare to buy above 124.35 support (Fibonacci retracement, horizontal overlap support) for a push up to at least 125.25 resistance (Fibonacci extension, horizontal swing high resistance). Stochastic ...

Harmonics: Cypher Pattern long @ Point D Completion Sl: 123.1376 TP3: 123.9308 TP2: 123.8189 TP1: 123.6671