A few days ago I've written that EurJpy could resume its up move. Indeed, after the confirmation of 146.50 as strong support, the pair started to rise and reached 149.50. At this moment bulls look tired and in need of a correction, and this could provide short-term traders the opportunity to trade on the sell side. As long as 149.50 is intact there are high...
seeing that there is price compression, it is likely that EURJPY will be bearish for day trade, according to the swing analysis that I shared last week
Fundamental Overview The market is increasingly betting on a weaker USD/JPY. This prediction is based on two main factors - the likelihood of a significant reduction in Fed interest rates and concerns regarding the stability of the US financial system. Additionally, there is the unpredictability of a potential change in BoJ policy, which could significantly...
Price likely make a correction till 142.142 before FLY again till 160
Here is my view for EURJPY on W1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EUR-JPY broke out of the Horizontal range and also Broke the rising support So as it is now making A pullback I think There is a high chance To see a move down !
EURO is much stronger against many other currencies. Japan economy is not in good condition and it will fall in coming week.
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!
Hi fellow traders, EURJPY has formed a new corrective structure after the last drop. Look for a sell opportunity from this area. The trade will be invalidated if we break the red line. Target the support levels. Good luck and trade safe!
The reasons that back my case are simple. First of all, we need to take into consideration that Yen is a high risk off asset, with yen longs taking place whenever there is a big uncertainty in the world, or a black swan event unfolding. If you believe that a big crisis is yet about to be seen then you need to consider shorting EURJPY , I personally do for the...
This is for short term And this is risky too. Please DYOR before entering the trade.
Hi trader, you look great today! This is a correction before discovering the peak of 2022
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 📈
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...
As we can see on 4H PEPPERSTONE:EURJPY chart forming SMC BAED another sell setup. Within this week I'm accepting to price slowly move to our entry point & then price will drop to next liquidity level.
Hello everyone! Hope you all had a great weekend and Ramadan Kareem all. For this week I am looking for sells on FX:EURJPY . Waiting for multiple confluences in LTF before entry. Expecting price to move as drawn in lines where market will test previous high region from monthly resistance. Traders, if you liked this idea or if you have your own opinion about it,...
Here is my view for EURJPY on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Welcome . The euro against the yen. in a very negative state. With the price reaching an important area. It is manifested in the convergence of the descending horn. And re-test the package that the price broke. With very negative candles on the daily chart, there is a lot of pressure from the sellers to lower the market. To 142,500 levels in the first...