The EURJPY pair has shown promising strength after a corrective phase from its peak on March 21, 2024. Today, it successfully breached a significant resistance level at 163.322, providing a stronger confirmation of the existing bullish momentum. With this noteworthy breakout, the allure of a Long position becomes increasingly compelling. Technical Analysis: On...
Hello Traders, here is the full analysis. Price reversal going up, levels for BUY . EURJPY long ! Great BUY opportunity EURJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I...
As we all know that the economic condition of Japan is not fine, and they are also facing natural disasters. I still believe that Yen will remain weak in coming week. Better to look buying opportunities on such pairs which have YEN.
This is for short term And this is risky too. Please DYOR before entering the trade.
Looking at 2 possible zones to take a buy from. Once one of the zones is respected, i will shift to a lower timeframe and take some buys.
I am looking at 2 possible zones to take longs from. If i get a good reaction from these zones, i will then take a buy. Need to confirm on a lower timeframe. We have a lot of liquidity towards the topside before we get into areas of selling pressure.
⚠️ EUR DATA OUTLOOK IN THIS WEEK ⛔️ ZEW ECONOMIC SENTIMENT DATA, a very important DATA for the EURO, is scheduled to be released on Tuesday. Also, GERMANY CPI DATA is scheduled to be released. Be careful about that DATA. ⛔️ EUR CPI DATA to be released on Wednesday. Depending on the nature of that DATA, it will definitely affect the EURO on Friday's speech by...
#EURJPY - Currently there is an UP SIDE BIAS for EURJPY. XXXJPY CURRENCIES BUYED VERY FAST IN THE PREVIOUS WEEKS WITH JPY WEAK AFTER THE INTERVENTION. Somehow it is being RECOVERED again. MARKET RISK is still ON. VIX is going DOWN, XXXJPY CURRENCIES SHOULD BE BUY FAST NOW. - Some NEWS coming for the USD will help strengthen the EURO. Because the reason...
- this week price behaved bearish throughout the week due to jpy gaining its strength back , however, price had touched the previous discounted zone and bounced back strongly. - now that jpy strength is dropping expect price to continue its previous week bullish trend.
EURJPY LONG ENTRY AT 144.260 TP: 146.836 SL: 142.874 Note: Take trade at your own risk
#EURJPY - Currently there is an UP SIDE BIAS for EURJPY. XXXJPY CURRENCIES BUYED VERY FAST IN THE PREVIOUS WEEKS WITH JPY WEAK AFTER THE INTERVENTION. Somehow it is being RECOVERED again. MARKET RISK is still ON. VIX is going DOWN, XXXJPY CURRENCIES SHOULD BE BUY FAST NOW. - Some NEWS coming for the USD will help strengthen the EURO. Because the reason...
#EURJPY - Currently there is an UP SIDE BIAS for EURJPY. XXXJPY CURRENCIES BUYED VERY FAST IN THE PREVIOUS WEEKS WITH JPY WEAK AFTER THE INTERVENTION. Somehow it is being RECOVERED again. MARKET RISK is still ON. VIX is going DOWN, XXXJPY CURRENCIES SHOULD BE BUY FAST NOW. - Some NEWS coming for the USD will help strengthen the EURO. Because the reason...
#EURJPY - Currently there is an UP SIDE BIAS for EURJPY. XXXJPY CURRENCIES BUYED VERY FAST IN THE PREVIOUS WEEKS WITH JPY WEAK AFTER THE INTERVENTION. Somehow it is being RECOVERED again. MARKET RISK is still ON. VIX is going DOWN, XXXJPY CURRENCIES SHOULD BE BUY FAST NOW. - Some NEWS coming for the USD will help strengthen the EURO. Because the reason...
Hi everyone , this my EURJPY setup for next weak , Everything is explained on the chart ,, Along with a simple forecast for the possible scenarios ,, if you like the setup give it a BOOST & FOLLOW for mare ,, TRADE SAFELY .
Hello Dear Traders My point of view regarding the EJ for the short term. Cautiously and always with R:R management. Note: The price is approaching a strong supply level but it can give the result. From the purple supply zone we will se how it responds. We will then react accordingly for sell in case of some candlestick pattern, weak bullish Price action etc....
#EURJPY - There is currently a DOWNSIDE BIAS for EURJPY. With JPY being STRONG, XXXJPY CURRENCIES are selling very fast right now. MARKET RISK is still being OFF. EVEN IF VIX UP, XXXJPY CURRENCIES BUY VERY FAST WITH JPY WEAKNESS. Maybe EURJPY can reach 138.651 LEVEL and it has gone down.. 138.65 is a very good SUPPORT LEVEL.. - Some NEWS coming for the USD...
Weekly chart - Neutral to bullish Daily chart - Bullish H4 chart - Broke above 137.250, now pulling back. If we get that pullback and a bullish entry signal, I will enter a long that can give us 4R profit. Always use sound money and risk management and stay patient in all your trades. If you like my analysis, please give it a “thumbs up” and follow me to get...
This is for short term. Please DYOR before entering the trade.