Sell: EUR / JPY SL @ 129.350 TP @ 128.500 Max Risk: 2% (When calculating, do not forget about different spreads from Brokers) Leave comments or likes to keep our content free and alive. Have a good week to everyone
The Preliminary Japanese Jibun Bank Manufacturing PMI for August was reported at 52.4, the Preliminary Japanese Jibun Bank Services PMI at 43.5, and the Preliminary Japanese Jibun Bank Composite PMI at 45.9. Forex traders can compare this to the Japanese Jibun Bank Manufacturing PMI for July, reported at 53.0, the Japanese Jibun Bank Services PMI reported at 46.4,...
In this trade we see price at a key resistance zone with price breaking out uptrend on the largest time frames. We now treat the Bollinger band like a descending channel. Within this channel we watch price go previous areas of liquidity. Drop A comment saying literally anything to support thank you! Stay tuned for more big boy trades
EURJPY has been looking extremely weak and inactive on the LeaderBoard feature in the Currency Heatwave app. This combined with 10 and 20 moving average have prompted us to sell this pair. The first fibonacci resistance is on 129.95. If the pair trades above 130.10, we will stop the trade in loss and re enter SELL at 130.45. Current price at 129.77.
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In this pair, technical analysis shows a technical figure Head and Shoulders. The Head and Shoulders has broken through the support line on 18/08/2021. EURJPY forming a bearish formation on a daily chart. If the price holds below this level we will have a possible bearish price movement with a forecast for the next 43 days with a target of 127.37. If you decide to...
Trend Analysis The main view of this trade idea is on the 2-Hour Chart. The FX Cross EURJPY is in symmetrical triangle setup, where the trend lines are not parallel. Typically the target on the setup is the length of the highest high of the downward trendline and the lowest low of the upward trend line. While the symmetrical triangle is neither bullish nor...
EURJPY has been trading sideways for a few days... if price fails to break through a fresh high, it may be possible to ride this trend until target 1 is reached. For explanation, please refer to the previous trade plan. Please give me a thumbs up if you like this idea. Until then, happy trading!
This is a possible short opportunity you shouldn't miss out on. EURJPY is originally in a downtrend and it can be seen from the chart that it respects the trendline. We are looking at a possible pullback up to the trendline and short from the zone as it also coincides with our Fib. Retracement key levels 0.5 & 0.618. Please let me know what you think in the...
EURJPY is expected to BEARISH to 124.500 following the FIBO Retracement Prediction the Bearish is expected to doing the accumulation at 124.50 before its continue the Bearish pattern on EURJPY
Hello Dear Traders, EUR-JPY is finally going down after the breakout from the rising support, Just as I predicted yesterday, already 80 pips profit for the last two days. You find below my analysis for EUR/JPY, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/JPY will fall to 129.15 as I am...
For quite some time, we have seen this pair continue to move sideways. Even with this sideways movement, the level at 129.650 still holds firmly. Since the previous trend was down, we could eventually see the bearish move come into play. Targets would be the previous low at 129.200.
Hello Dear Traders, You find below my analysis for EUR/JPY, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/JPY will fall to 129.35 as I am showing in my chart. Our Daily Goal is 129.15 Currently, EUR/JPY is moving towards the resistance level of 129.8 ,where there is some liquidity from this...
sell EURJPY at rallies now... EURJPY TYPE : SELL TF : H3 ENTRY PRICE : 129.70 STOP LOSS : 130.05 (35 PIPS) TAKE PROFIT : TP1: 129.50 TP2: 129.10 TP3: 128.64
head & shoulders pattern breakout stoploss above previous high on chart and target will be somewhere in between 129.000 - 128.500
Hello Dear Traders, You find below my analysis for EUR/JPY, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/JPY will fall to 129.5 as I am showing in my chart. Our Daily Goal is 129.3. Currently, EUR/JPY is moving towards the resistance level of 130.2,where there is some liquidity from this...
Hello Dear Traders, EUR-JPY is finally going down after the breakout from the rising support, Just as I predicted yesterday, already 100 pips profit for the last two days. You find below my analysis for EUR/JPY, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/JPY will fall to 130 as I am...