👉Examining the trend in the four-hour time frame, EUR/JPY has crossed the resistance barrier of the bearish cloud of the Ichimoku indicator and seems to have targeted the resistance range of the previous ceiling in the range of 163.71-163.43.
Hello traders! ‼️ This is my perspective on EURJPY. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect bearish price action from here as price filled the imbalance and rejected from 1H bearish order block + institutional big figure 162.000. Like, comment and subscribe to be in touch with...
In a tricky area but am leaning towards a short because of how the last two bearish closes on the daily. Plus there is a fundamental bias towards a short because of the jpy strength and because there look as if Japan is going to increase interest rates . The entry trigger for me would be for a 4h close below the blue line with a retest and a lower low close on the 30m
EURJPY looks for local support at 160.94, I would like to see price bounce off from here to 165.00
BUY/LONG ZONE (GREEN): 161.550 - 166.700 DO NOT TRADE/DNT ZONE (WHITE): 159.750 - 161.550 SELL/SHORT ZONE (RED): 155.710 - 159.750 Monthly: Bullish Weekly: Bullish Daily: Bullish 4H: Bullish Previous bearish trend has been labeled along with the DNT area and the initial bullish zone that price broke into to flip the trend. Currently price is onto the next...
Looking for a break of structure with a 4h close above the blue line and a retest and a higher high close on the 30m to look for the long, failing that I would just be patient and wait for the pull back and rejection from the bottom of structure rather than going against the trend
EURJPY is currently in a bullish trend. Price is forming a bullish flag pattern, indicating a potential continuation of the uptrend. The pair is finding support at the 50% Fibonacci retracement level, adding confluence to the bullish bias. What you guys think of this idea ?
EJ last bullish stretch stretch before we can look to sell.
Same a EUR/ USD waiting for a pull back or a break out. the preferred entry would be a rejection from the yellow line following a 4h close and a bullish candle on the 30m or 1h
EUR-JPY keeps growing And will soon hit a horizontal Resistance level of 163.846 From where I think we will See a local bearish correction !
Hello traders! ‼️ This is my perspective on EURJPY. Technical analysis: Here we are in a bullish market structure from 1H timeframe perspective, so I am looking for a long. I wait price to make a retracement to fill the imbalance and if price rejects from bullish order block + trendline I will open a long position. Like, comment and subscribe to be in touch with...
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❤️MY FOREX TEAM❤️ INFORMATION EURJPY if it broke and close above the key. The growth may continues Resistance - 163.44 Everyone success..👍👍👍 ❤️MY FOREX TEAM - Technical Analysis Technical indicators SMA | EMA | MACD | SAR | VWAP | RSI | MARKET TREND | NEWS ❤️NOTE FOMC MINUTES make changes to current trend ❤️MONEY CAPITAL MANAGEMENT ⚡️ Only Trade With...
THE Price broke a daily resistance , will expect to re-touch the resistance area and then fly
EURJPY continues to trade within a bullish channel, indicating ongoing upward momentum. The consistent adherence to this channel suggests a favorable environment for further upside potential. As the pair remains within this channel, investors are optimistic about its prospects for additional gains in the near term.
The EUR/JPY pair on the M30 timeframe displays a potential buying opportunity due to a recent upward breakout from a channel pattern. Buy Entry: Consider entering a long position around the current price of 161.70, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: Initial bullish targets lie...
The EUR/JPY pair on the M30 timeframe displays a potential buying opportunity due to a well-defined bullish channel pattern. This pattern suggests ongoing buying pressure and a higher likelihood of further advances in the coming minutes or hours. Key Points: Bullish Channel: The price has been trading within an upward-sloping channel characterized by two...
Uptrend still in tact, looking for a 4h close and rejection from the blue line with a close and a sign of continuation on a shorter time frame, just need to volume to carry it back up to the 161.500 area or beyond.