Welcome back! Please support this idea with a LIKE if you find it useful. *** EUR/JPY - Price is currently re-testing a very strong resistance zone. I expect it possible break to the downside, but if price pushes higher, we can look for a nice short returning back to previous resistance which will become future support (target). We recommend that you keep this...
The long term trend for eurjpy is clearly up and the pair is consolidating gains for over 2 months now. If we ignore the false break of 126, the range is pretty tight, between 126 and 127. Now the pair seems to press on resistance and I expect a strong break and acceleration My target for long position is 130 and only a daily close under 125.50 would change my mind
EURJPY price at the weekly resistance breakout above will send price higher Wait for weekly candle to close above the price range we will have clear picture of the next move.
Hey tradomaniacs, welcome to another free trading-setup. Notice: This is meant to be a preparation for you. As always we will have to wait for a confirmation! EUR/JPY: Daytrade-Preparation Market-Buy: 127,090 Stop-Loss: 126,690 Point of Risk-reduction: 127,350 Take-Profit: 127,990 Stop-Loss: 40 pips Risk: 0,5% - 1% Risk-Reward: 2,25 LEAVE A...
EURJPY 4HR: EURJPY After forming higher high in ascending triangle pattern.Price Likely to break previous resistance..But Monthly Resistance is near to that Price will bounce to its Support level..After Confirmation (Candlesticks, trendbreak...etc..) You Can GO LONG
Eurjpy still with strong uptrend buy now to the targets mentioned in the chart Good luck
Higher highs & higher lows. Looking for the price to return to our psych level creating a higher low off this 61.8% fib or even come a bit lower to the 50% before a proper move. Waiting for these impulses is key as it can identify where the market is going. We want price to come up and test these highs again.
I have previously mentioned that this is near a major downward trendline. There is also a lower trendline which has the price on this tapering to a point. Price is looking more likely to breakout higher from here providing it breaks the resistance. If it does then we can look for a long after a retrace, keep in mind there could be a false breakout although with...
Hey Fam!, This is my view about the pair EURJPY forming a Bullish Symmetrical Triangle Within an ascending channel. This is not a Financial Advice ,Though it is for educational Purpose. If You liked the idea then hit me up with the like button and Follow me for more updates! Thank You...! Regards:- Raza FX!
Price is approaching support where we could see a bounce here.
When we look at the chart we can see that the price reversed at the 0,618 level of the Fibb. We can see that this also happend in the past so we could say that it is forming a support zone. If we get to see a clear break of the falling wedge than we could consider to enter this trade. Keep in mind that all trades are tricky becuase it is NFP week! Please let...
This is now rising from the support I marked out on this pairing 3 days ago. Unfortunately for those that may have entered the long when I posted it may have just touched the SL, hopefully it just avoided as it is now rising again. MACD is set to go bullish above 0 and EMA's are about to cross over. I have set TP at the previous high of 127.344. SL just below the...
Price has just bounced from our 1st support at 126.806, in line with our 23.6% Fibonacci retracement and horizontal overlap support, where we could see a further rise above this level towards our 1st resistance at 127.341, in line with our horizontal swing high resistance, -27.2% Fibonacci retracement and 61.8% Fibonacci extension. It is worth noting that price...
Hey traders, here is the analysis for the EURJPY. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
Took out previous lows, rejection on 61.8 fib + 200EMA, clear bullish structure on the 4H. Entering on the higher low. Target at the next resistance zone. Bullish fundamental bias as well.
As the price touched the 200 MA and also it is at a very strong support zone, it is very likely we will see a pullback and go bullish on this pair , also we have a very good risk to reward ratio. Good Luck following this idea. Follow me for more ideas, thanks.
As political squabbles in Europe disrupted the flow of vaccines from various manufactures, the markets have been dumping euro holdings and taking a firmer stance on risk . This trade is a continuation of the trend, following the recent sell-off from 127.60