EUR/JPY ( 30 MIN. ) SUMMARY: The secondary trend of EUR/JPY is bullish on charts and price is trading above the trend line in its 30 min. chart. In 30 min. chart the price is sustaining above 200 day SMA and taking support of 50 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 125.00 and support at the level of...
Today's Chart: :EUR/JPY ( HOURLY ) The primary trend of EUR/JPY is bullish on charts and price is trading below the trend line in its hourly chart. In hourly chart the price is sustaining above 200 day SMA and taking resistance of 50 day SMA indicating downtrend of the pair. It is having an important resistance at the level of 131.65 and support at the level of...
Hello Traders! We would like to present EurJpy forecast. (3-rd variant) Sell limit - 129.000, S/L - 130.500, T/P - 126.900 Best regards, Powerful Traders.
Hello! Definitely, there is the Global Downtrend! But to the end of this year, we have two variants. 1) Long - S/L131.000, T/P133.700-134.000 2) SHORT - Sell Limits near 134.500 - 135.000, S/L 137.140 (EWP rules), T/P 123.500 Please, if you want to enter the market, first of all, use the Market Profile, Volume, Cluster&Delta analysis, Depth of Market and...
My position on EURJPY is Short to 134.13 in charts D1 with possible target a 128.00 end stop reverse to 135.00
UPDATE FROM YESTERDAYS TRADE: After the sell off this morning EUR/JPY is re testing its 4h trend line which came into play yesterday, fresh lows of 133.90 but failure to close at these levels show potential further downside to my target of 133.50. RSI is still holding its downwards trend, plus Ichimoku shows that we've had a cloud crossover as well as a TK...
EUR/JPY has continued to sell off from 137.00 level, trade entry as a result of spinning top and bearish engulfing candle on 4H time frame, key levels such as 136.20's were also broken with ease. Was expecting an initial pull back at 136.20's to re-test 137.00 and to confirm trade entry at that level as shown by the arrows, instead a clear break took place and...
PRICE IS STRUGGLING AT AN IMPORTANT STRUCTURE WHICH HAS ALSO FORMED A SMALL DOUBLE TOP. PRICE ACTION IS SHOWING THAT SELLERS ARE PROTECTING THIS LEVEL. THIS IS LOOKING LIKE A GOOD OPPORTUNITY TO GO SHORT IN LINE WITH THE DOWNTREND. IF PRICE MANAGES TO BREAK THE STRUCTURE LEVEL THEN THE NEXT LEVEL TO LOOK TO SELL IS AT THE 200 SMA WHICH HAS BEEN ACTING AS A DYNAMIC...