HELLO EVERYONE HOPE EVERYONE IS DOING GOOD. * Looking at EURJPY London session TRADE which my play out NEW-YORK SESSION * Asian session took out last Fridays HIGHS taking ASIAN buy side liquidity * waiting on some market structure shift as price is delivered this morning torwads the upside. - momentum is significantly bullish so this trade might play out...
eurjpy is testing a strong resistance area on multiple time frames look for bearish confirmation on lower time frame around mentioned reaction area above and sell eurjpy with your own money management always remember that patience pays
Hello traders! EURJPY is in a strong resistance level in the daily chart. The area between 147.50- 148.20 is a strong resistance zone from where price can fall 300-400 pips. I recommend selling the ralies in EUR/JPY with entry price between 147.60-148.20, Stop loss placed moderately above the resistance zone and TPs at 145.80 and final TP at 143.50.
Looking for shorts here as price broke structure on 4H. Expecting Price to retrace a bit more. We already have price retraced and mitigated the 4H and 1H OB last week. We can zoom in on the 15M TF to find a sell entry to the downside.
Looking for shorts on EJ after a break of structure and shift in market direction.
This decline could have widespread effects on global financial markets and trade, and could potentially lead to increased export costs for eurozone member countries. In these conditions, it is recommended that exporters and investors, if possible, use various financial tools such as currency exchanges and the stock market to reduce the effects of this decline and...
EUR/JPY - This is the forex quote for the Euro vs. Japanese Yen exchange rate. EUR (the 'base currency') is quoted in terms of JPY (the 'counter currency'). The Yen is a historically low-yielding currency, making an attractive vehicle to fund carry trades (where traders borrow cheaply in JPY to buy higher-yielding currencies, including EUR. Investors tend to...
EURJPY - On the margin of touching its highest since 21 October 2022 (148,377), several "imbalances" to touch. With a threshold at 144.495 for the 1st TP. Caution, risk remains high following numerous news reports. RSI at its highest on the 1H/4H/8h/12H.
I am looking for trend correction from zone 147.500. If we break previous HL and make a pullback, I will be looking for SHORT entry to 145.500 zone.
Hi trader, you look great today! This is a correction before discovering the peak of 2022
I'm quite bearish on this pair. If i'm right, i think the high of day is already in. My 2 cents
Fundamentals and technicals pointing towards a strong Long on the JPY pairs Currecny correlations between AUD/JPY, GBP/JPY, EUR/JPY & USD/JPY are all pointing to a reversal soon which further increases the probability of JPY strength and the short to medium term. Let me know your thoughts.
EURJPY will stay cautiously bullish as long as 142.53 support holds. If it breaks this point, EURJPY will change the trend to bearish until 138.9. We have a good risk:reward ratio for a sellers.
-EURJPY is in side way. -key level of resistance. -tested before so may see the same reaction for the level. -short trade with good R/R ration after confirmation usion smaller time frames.
EURJPY - Strategy should be short from the Resistance. We have head and shoulder and a Broken Trendline. Expecting revisit of downward facing TL and fall down. What do u think about this?
Short EURJPY from 146.6. Previous high and alignment possible to a few other JPY pairs which could give a nice short back to the previous rejection area created.
Hi! This is my first post, and do let me know if you think I'm wrong on any of this. As we can see on the RSI indicator, EJ pair is curently very overbought. Furthermore, we're facing a probability of a double doji close on 1h chart. Currently, EJ seems very exhausted, and to me it seems like it is only a matter of time before it tests resistance at TP1 and...
EURJPY We should be ready to return and form the classic pattern of 3 valleys And the reason for Len is heavy resistance at the top