EUR-JPY broke the rising Support line and the breakout Is confirmed which makes us Bearish biased and we will be Expecting a further move down !
EURJPY Channel: GREEN WK Pivot: GREEN AOB: EMA10 CON: SBB BUY Stop: 158.970 Stop Loss: 158.398 TP01: 159.542 TP02: 160.686 DWR present as a buy setup on 26 OCT, with Channel and Pivot are green bouncing off EMA1- However, trade is not taken/considered SPX500: SELL DXY: BUY OIL: BUY GOLD: BUY
Educational Analysis says EURJPY may go SHORT. According to my technical. This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why SHORT? On the 1HR timeframe, the pair is making LOWER HIGH AND LOWER LOWS. I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS PRICE WILL RANGE (FROM 124 - 148) IN THIS ONLY IF THE COMING DAYS GO...
EURJPY Channel: GREEN WK Pivot: GREEN AOB: 10 CON: EngB BUY Stop: 158.961 Stop Loss: 157.672 TP01: 160.250 TP02: 162.828 DWR present as a buy setup on 20 OCT, with Channel and Pivot are green bouncing off EMA10 However, trade is not taken/considered SPX500: SELL DXY: SELL OIL: SELL GOLD: BUY
EURJPY Channel: GREEN WK Pivot: GREEN AOB: EMA10 CON: IB BUY Stop: 158.575 Stop Loss: 157.678 TP01: 159.472 TP02: 161.266 DWR present as a buy setup on 19 OCT, with Channel and Pivot are green bouncing off EMA10 However, trade is not taken/considered SPX500: SELL DXY: SELL OIL: SELL GOLD: BUY
EURJPY Channel: GREEN WK Pivot: GREEN AOB: WP CON: SBB BUY Stop: 158.649 Stop Loss: 157.142 TP01: 160.156 TP02: 163.170 DWR present as a buy setup on 18 OCT, with Channel and Pivot are green bouncing off weekly pivot Trade is not taken SPX500: SELL DXY: SELL OIL: SELL GOLD: BUY
EUR-JPY is already making A pullback from the horizontal Resistance at 158.288 And I think that we will See a local move down !
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
(It is time to start a fresh EURJPY post - once again -, the previous one(s) having grown too long to remain practical.) The Weekly - With special attention to the two, most recent Hammers; The Daily - With it's completed H&S, including the neckline break; (All the visible patterns were also updated on these charts due to some earlier inaccuracies -...
Last week, the EUR/JPY pair surpassed the level of 159.47 and reached 159.75 before experiencing a reversal. As of now, the downside movement has been limited above 156.85, resulting in a neutral bias for this week initially. If the price breaks below 156.85, it will shift the bias to the downside towards the 55-day Exponential Moving Average (currently at 156.17)...
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 An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Here is my analysis for EURJPY on H1 using Order Block. 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!
(This is the continuation of the previous post - attached - which became overly long.) Currently; SHORT off of that "before last" Stop Hunt @150.125, with very tight stops (<12 pips and excellent R/R ratio), just below major resistance. This is a long term Short Entry attempt. (However, the main set up/position is in the GBPJPY, with superior R/R...
EUR/JPY’s break of 158.03 resistance last week confirmed up trend resumption. But as a temporary top was formed at 159.20, initial bias is turned neutral this week for some consolidations first. Downside of retreat should be contained above 155.51 support to bring another rally. On the upside, break of 159.20 will target 61.8% projection of 139.05 to 157.99 from...
GBP-JPY wis retesting a Strong horizontal resistance Level of 183.087 from where I think we will see a local Bearish correction !