EURJPY has recently formed an evening star candlestick formation on daily. It is also showing divergence on RSI. I expect when the current liquidity is grabbed about 61.8 Fib level retracement, it is going to fall toward the demand areas as stated on the chart.
We are seeing the EURJPY to go up and beak the 144$ mark. Let's get started! (Make sure to hit LIKE!) We are about to hit the high which was made in 2015 which was around 150$. It could make a small correction in this scenario.
The pair has slipped below 5-DMA after Dragonfly Doji formation in the previous session. Major trend in the pair is bullish. 200H MA is immediate support at 141.44. Break below will drag the pair lower.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURJPY Major resistance- 143.25 Near-term support- 141.70 Trend reversal level- 137.80
Confluence region (blue), of HTF support and HTF trend line. LTF break and retest of descending trendline, minor support and 61.8%/50% fib levels. High probability for longs. Pls LIKE and drop a quick SUB and COMMENT!.
The pair has slipped below 23.6% Fib retracement and has slipped below 21-EMA Stochs and RSI are sharply lower
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Confluences 1. Overall Uptrend 2. Weekly FIB 38.2% 3. Structural zone 4. Broke the trendline channel 5. Made a higher high and low
Technical Analysis: Bias Bearish Recovery attempts in the pair have been capped at 5-DMA which is trending lower Price action has slipped below 200H MA and GMMA indicator shows major and minor trend are bearis
EURJPY $EURJPY Long Scalp. TPs on chart.100-500x leverage. Move SL on TP. Trail after TP2.
EURJPY Intraday - We look to Buy at 140.75 (stop at 139.60) Selling pressure from 142.79 resulted in all the initial daily gains being overturned. The current move lower is expected to continue. The bias is still for higher levels and we look for any dips to be limited. We look to buy dips. Our profit targets will be 144.10 and 145.00 Resistance: 145.00...
The euro-yen exchange rate ( EUR/JPY ) hit new year-to-date highs, surpassing the psychological level of 144, as monetary policy divergences between the European Central Bank, which has already widely telegraphed its first rate hike in over a decade, and the Bank of Japan, which remains imprisoned by an extremely dovish monetary policy, widened further. The ...
EURJPY $EURJPY Short Scalp. 100-500x leverage. TPs on chart. Trail after TP2, 0.5atr step, 1.5atr offset.
- EUR FEATURE currently stands at 1.0735 LEVEL. It stays above the DYNAMIC S / R LEVELS. Also the JPY FEATURE is getting a bit down. It stays at 0.0076 LEVEL. The EURJPY PRICE rests above the DYNAMIC S / R LEVELS. So most of the time the PRICE can be UP again in the form of a STRUCTURE. Then there will be DOWN. - Currently the OVERALL MARKET is RISK ON. ...
Trade Proposal: There is a probability of first tp to the proposed ( 150.00 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals. Technical analysis: EURJPY Waiting for the Range Bound and the beginning of the Ascension Trend.
Hi guys. eurjpy is ready to sell. Im waiting for OB . there is a very good RR for sell positions
Hey Guys! The current eur/jpy weekly bias is long. Or in other words, price is likely to reach 139.98 before reaching 124.34 The long entry I was mentioning last week was triggered, however I need a pullback to the 136.00 levels for a long entry due to overall risk managment. In this post, I explain how I will be trading this set up, as well as how I will be...