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
EURJPY is setting up nicely. I am waiting for a break of this mini resistance to confirm our bullish bias/pressure to enter that buy trade. This will give us a 1:4.5 RRR.
The Tidal Shift Strategy has just bought EURJPY at 126.419. The system recommends entering this trade at any price between 126.29 and 126.548. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -1.042, which suggests that the EURJPY could be trending upwards.The 14-period Average...
I have been monitoring this for a few days and it has just retraced to the support level marked by the blue line. This could be a good time to long from here. There is a major trendline just above the current price so TP can be set at this line or at the previous high, it depends how long it takes to reach this point. Environment is still bullish as seen on MACD...
EURJPY is at a daily resistance area and in a large daily triangle pattern.. we wait for a break at either side of the pattern to go long or short
Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything ! 🟢 Forex Pair : EUR/JPY ⚪ Technical Analysis : Since December 2020, the price has been following a clear ascending channel, bouncing many...
professionals increased 5% short jpy by last week. Commercials increased 1% long positions as well. Net Impact of 6% short in jpy. one & five year bullish extreme jpy as well. 17th January weekly bar is key reversal bar made a new low closed off the high. 24th weekly bar is Insurance bar dictating continuation bullish rally.
Hi Traders, This is our view on this cross for the next few days. #EURJPY BUY 126.58 SL 126.36 TP 127 We remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if the rules of our strategy are strictly respected. Eventually, any updates will be given in the comment section below
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.