Pair name - EURJPY Action - SELL/SHORT ENTRY - 124.01 TP - 122.55 SL - 125.00 TRADE STATUS - OPEN
When it comes to EURJPY , a while ago, we've seen a strong impulse to the downside. And got rejected from a previous resistance area, which is now acting as support. Looks like we don't have any resistance till T1. I think T1 area is also a tad weak; so there is a good chance price might break T1 and move towards T2. So you should be cautious when price reaches...
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.
The euro has had a very strong week against the Japanese yen, closing near the ¥131 level. It now appears that the Japanese yen itself is in trouble so this could continue going forward, at least into this week. At this point, I would not be surprised at all to see this market make a serious attempt to get to the ¥133 level, especially if we end up having more of...
After the 500 pips drop from 133 recent top, EurJpy has found strong support in 128 zone and has started to rebound. This rebound can be over soon with the pair facing strong resistance above 130. This resistance and sell zone extends to 131.50 and bears can look for opportunities to sell in search of a good R: R. The target can be 128 support and 132 would negate...
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.
As the downtrend has ended the price is expected to easily correct 61.8% of its previous move
Hello. The price is pullback and is falling again and I predict two targets for it
Two days ago I said that EurJpy could correct some and reach 130 zone. However, the pair looks very weak and seems like a break of support is imminent. Looking at a longer TF, we can see that the pair has formed a very large double top starting from April, and a break here would confirm the pattern. I'm bearish this pair and I think that the 500 pips target from...
The price is up to the previous ceiling Because it is an uptrend and has broken the resistance on the way
Since 20 October, EurJpy fell hard, losing more than 500 pips. However, since the beginning of December, the pair seems to have found support in 128 area (which acted as support in the past) and we can assist a corrective rally. 130 zone could be the target for such a correction and a new local low would negate this scenario
Hello everyone, tommorow I will be looking for LONG on EURJPY we had BOS.
EURJPY is following a DOWNTREND AT 128.356 TREND LINE CAN BREAK We Can ENter An Buy position at Breakout of The TrendLine or you can enter at Retest of the TrendLine 1. Take Profit 1 = 131.00 2. Take Profit 2 = 133.00 Stop loss = 127.500
EURJPY LONG - Buy Entry - H4 Chart Symbol: EURJPY Timeframe: D1 Type: BUY Entry Price: Buy @ Market Stop Loss: 127.503 Take Profit: 131.809 🔺 DISCLAIMER 🔺 For educational informational purposes only. 🔺 Analysis may change at any time without notice. 🔺 You must research and create your own trading plan.
The price pullback is costly and after breaking the set floor, it is possible to profit from the market up to the previous floor
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.
Hello everyone, I am gonna take this trade on EURJPY long term I am aiming for 500 pips my sl is 25 pips
We consider buying this EURJPY pair because of a strong support below. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.