STRATEGY STRONG BUY EUR/JPY climbs sharply to 2023 past 149.00 The underlying strong upside momentum in the cross appears unchallenged for the time being. Against that, the continuation of the upward bias should challenge the key 150.00 barrier in the relatively short term. So far, further upside looks favoured while the cross trades above the 200-day SMA,...
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.
EURJPY looks about to hit sp line and this pitchfork works great.
Waiting for a retest of 1147.502 to long EURJPY back to prior highs at 151.253 If you agree drop a like and if you have nay questions leave a comment :)
EURO is much stronger against many other currencies. Japan economy is not in good condition and it will fall in coming week.
Open Position : 147.700 Take Profit : 151.500 Stop lost : 146.600 Best regards
EURJPY is going in its bullish trend. We could potentially take counter trend trade with target price at 142. While I will patienly wait at around 142 and riding the bullish trend to reach a higher peak. Good luck! Happy trading!
Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place The price action is travelling between a parallel channel. After the formation of the double top at the resistance level the price has fallen to the support area. It is expected the price action will take a pullback and move upwards. Bullish Trend Is Still Intact. (careful...
Hello traders! ‼️ This is my perspective on EURJPY. Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for longs. I expect price to continue the retracement to fill the imbalance lower and then to reject from 4H bullish order block + institutional big figure 148.000 Fundamental analysis: Next week we have news...
EURJPY - 24h expiry Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. This is positive for sentiment and the uptrend has the potential to return. The hourly chart technicals suggest further downside before the uptrend returns. The bias is still for higher levels and we look for any dips to be limited. We...
This is for short term And this is risky too. Please DYOR before entering the trade.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
Hi trader, you look great today! This is a correction before discovering the peak of 2022
W Formation formed on the Currency Pair. We had strong signs from the indicators including 7>21>200 - Bullish RSI>50 (Higher Lows) Target 157.57 As there is high volatility in the market (with whipsawed wicks), it's for this reason we would place the stop loss below the second Ronding Bottom. SMC Also below the 2nd RB is a Sell SIde Liquidity Order Block,...
A smooth and consistent buying we saw in this pair ... As I mentioned in my previous post about EURJPY our Target of 146 achieved. Congratulations to those who took benefit out of this analysis 250+ pips of pure profit 📈
W Formation formed on EURJPY. Broke out and now is showing upside momentum. 7>21>200 RSI>50 (Higher Lows) Target 157.57 SMC Sell Side LIquidity Order block where SM is sweeping sells and buying into them. Hence we placed a stop loss just below this order block... NOTE: This formation is a W Formation and NOT a Cup and Handle because the second rounding bottom...
As I told you guys in my previous Chart (Link attached) That after placing low around 142.50 EURJPY mentioned resistance was 143.50 and after breaking it successfully now price is in our favor and running in 150+ Pips of Profit... Eyeing towards its Ultimate Target of 146... Congratulations to those who took profit out of this analysis... Follow me to have more...
Hello traders eurjpy is making a string to get back up into a better price to buy at confluence your trade with seasonality for eur/jpy April good to buy and is one way of aiding your trading plan combining with accumulation and distribution when it is in line with price action it is a loaded gun . let price do its thing follow for more to get things like this...