Hey Guys! As you guys know, the assumed weekly bias was short. Or in other words, price is likely to reach 114. 40 before reaching 133.68. (Though the main target has changed. Explained in the video.) However, due to long confirmation forming on the 1h chart for the last 2 weeks, I did not take any further short entries. That said, I did take a loss of -$1800...
EURJPY has been moving in a down trend for serval day. Current price action suggests that the pair might be in for a short term bullish correction. The patterns we spotted which are in line with our short term up trend basis include an inverse head and shoulders pattern in Daily and H4 time frames with the H4 being the more clearer. We have also spotted a...
Hey Guys! Just a quick update! As you guys know the current weekly bias on the Eur/Jpy is still short. Or in other words, price is likely to reach 114. 40 before reaching 133.68. (Though the main target has changed. Explained in the video.) In this video, I explain the short position I'm currently holding and the reasons why I took the entry, as well as how I...
Fundamentally EUR is under pressure because of the Russia-Ukraine war. But JPY is also weak a lot. As a result EUR/JPY has advanced nearly 650 pips from its recent swing lows. There is no credit for EUR in such up. Just because the JPY is too weak. "The longer the war continues, the more likely it becomes that the real economic and inflationary effects for the...
EUR-JPY broke the downtrend line And he went up from there Now the pair has retested the support block 127.6 I think that after a retest area The pair will rise to the resistance level 132.65
Hey Guys! Just a quick update! As you guys know the current weekly bias on the Eur/Jpy is short. Or in other words, price is likely to reach 114.40 before reaching 133.68. In this video, I explain the short position I'm currently holding and the reasons why I took the entry, as well as how I plan to trade this set up in the coming weeks. That's it! I'll keep...
Since my last publication on this pair (see link below for reference purposes), prices have continued to spiral downwards thereby emphasizing a downtrend momentum as the JY129 area remains the significant level keeping price under. Despite hawkish ECB, the meeting might fail to offer the Euro a lift anytime soon as I suspect that the bears are about to project...
Hey traders, here is the analysis for the EURJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
still bearish trend our main daily time frame target is 123.489
Technical indicators remain bearish. However, oversold oscillators raises scope for some pullbacks EUR/JPY has formed a Spinning Top on the daily candle, suggesting indecision among traders. The pair is set to remains choppy at current levels as we head into the ECB meeting. Geopolitical developments are set to remain in the driving force. DISCLAIMER: ((trade...
eurjpy sell setup in trend .sl tp in chart we have two entry point 50% take entry instant 50% at supply zone best of luck
we are watching level daily demand zone if market aproch at demand zone then we think for buying for retest supply zone .remember use confirmation at demand zone for looking bulish
Hey Guys! Just a quick update! As you guys know the current weekly bias on the Eur/Jpy is short. Or in other words, price is likely to reach 133.68 before reaching 114. 40 . In this video, I explain the short position I'm currently holding and the reasons why I took the entry, as well as how I plan to trade this set up in the coming weeks. That's it! I'll keep...
📈 Expecting bullish price action on EURJPY as price takes out sell stop liquidity where a lot of retail stops where, also price takes out liquidith below the psychological area 128.000 and closed above with a high bullish momentum on H4, i see a retracement on the JPY INDEX meaning JPY should go down and EJ would go up. RSI/Stochastich Indicator are below 20 area...
Looking at the Daily chart, EUR/JPY has touched a one year low today. Will it keep going lower? Or is this a good time to get into a Buy Opportunity? We will still need to look at the next few days to see what's in store for price action movement. As in my system, I will be looking for a Bullish Divergence Candle to confirm a good entry point for a Buy...
EURJPY has created a head & shoulder on 4H and has just broken to the downside. As the monthly candle closes, it is highly likely that EURJPY will drop to the support level shown 127.78
EURJPY is approaching to important area as it is converging on a symmetrical triangle on. The possibilies for the breakout is high due to the fact that it is making higher highs and higher lows on shorter time. Trade your levels accordingly.