The EUR/JPY pair on the M30 timeframe presents a potential Buying opportunity due to formation Head & Shoulder pattern. This suggests a shift in momentum towards the Upside in the coming Hours. Key Points: Buy Entry: Consider entering a Long position around the current price of 167.12. This offers an entry point near the perceived shift in momentum. Target...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Many of us never realized that the current bull run in this pair began more than 4 years ago. Is anything going to change soon? I don’t think so, not until the recent low at 167.520 is convincingly taken out. At this time, my bias is therefore bullish and I am only looking for the conclusion of the current pullback. Once that is established, I will be looking...
Hello traders! ‼️ This is my perspective on EURJPY. Technical analysis: We are bullish and price rejected from trendline + LZ, as well we have hidden divergence. On H4 we have regular divergence, so I wait price to break the structure for a long position. Like, comment and subscribe to be in touch with my content!
Following the breakout at the 0.5 fib level, as analysed in the previous post, it retested and the bullish momentum continued. My entry point is at 171.9, target is at 174.4 and SL at 171.1 My R:R target is 1:3
EURJPY has reached the weekly fair value gap. The price grabbed the liquidity in the 4-hour timeframe and showed signs of reversal. On Friday, the price moved back into the 4-hour order block and surpassed the low of the 2-hour candle range before closing back in the range. This has established a new bullish order block and there is potential for it to trigger a...
OANDA:EURJPY is looking set to continue the bullish trend on daily timeframe after retracing between Daily 0.618 - 0.786 fib levels. Price is also currently trading at support trend line! Expecting the bullish trend to continue!
Hello traders! ‼️ This is my perspective on EURJPY. Technical analysis: Price started to form lower lows and lower highs, so I look for short position. I wait price to continue the retracement to fill that huge imbalance higher and then to reject from bearish order block + institutional mid figure 172.500. Fundamental news: Tomorrow (GMT+3) we have Interest Rate...
Interesting situation with this pair as I am predominately looking for longs, but because there was two interventions by the Japanese it makes a taking any JPY crosses difficult to predict, and even if it does set up there is a good chance of getting taken out. So I am not sure weather to look for buys or sells. However from a technical point of view I would...
EURJPY Weekly Analysis and Outlook Following a significant correction as forecasted in our previous analysis, the EURJPY pair is now poised for a continuation of its upward move. Traders should prepare for potential bullish opportunities as the pair resumes its positive momentum. Current Market Overview: The EURJPY has undergone a deep correction, bringing it...
Hello Traders In This Chart EURJPY HOURLY Forex Forecast By FOREX PLANET today CADJPY analysis 👆 🟢This Chart includes_ (EURJPY market update) 🟢What is The Next Opportunity on EURJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Hello traders, A number of harmonic patterns are surfacing today. Here is my analysis of a clear bullish Bat pattern spotted on the EURJPY Pair. The Bullish Bat pattern is a harmonic pattern used in technical analysis to predict potential reversal zones. The EURJPY pair has formed this pattern with the following parameters: X = 168.022 A = 170.293 B...
Hello Traders In This Chart EURJPY HOURLY Forex Forecast By FOREX PLANET today CADJPY analysis 👆 🟢This Chart includes_ (EURJPY market update) 🟢What is The Next Opportunity on EURJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
EURJPY Sell Stop Loss: 170.00 Targets: 169.200 169.100 169.000 168.800 168.500 168.333
Hello Traders In This Chart EURJPY HOURLY Forex Forecast By FOREX PLANET today CADJPY analysis 👆 🟢This Chart includes_ (EURJPY market update) 🟢What is The Next Opportunity on EURJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
EURJPY is somewhat correlated with GBPJPY, which currently shows no signs of going bearish. After solidly breaking the monthly support and executing a nice pullback, EURJPY reacted firmly on the support with a few strong hourly candlesticks. Like GBPJPY, we need to wait for it to break the current resistance before going long. Look for a strong bullish...
BUY on the theory markets ranges 70% of the time, and BUY on the theory markets retraces HALF of the previous leg 90% of the time. Entry on the 5m TF.