Hello Traders, here is the full analysis for this pair, drop a like to support the creation of more free analysis and let me know in the comment section below also if you have any questions
the situation is similar as EURUSD
only here we have already fallen off the level,
but not here:https://www.tradingview.com/chart/EURUSD/XXbe31Lt-EurUsd-false-breakdown/
Dear Traders,
This setup, together with several other potential setups were shared on our YouTube Channel, but I would like to cover this one in more detail here.
The Monthly Chart is sitting at a counter monthly trendline and is likely to see a pullback on the lower timeframes from this level. At the Weekly Chart, price is sitting at weekly supply which is...
Executing short position in this current area. Market is finding nice resistance inside the green highlighted zone. Major rejection. Market is breaking daily time-frame downtrend structure. Time for the retracement. Nice channel being created if this move plays out as expected. Target 1 can be the 38.2% Fibonacci level and target 2 can be the bottom of the channel...
We planned a long trade before the end of the week.
We're buying after the breakout with the target marked.
One like is enough to show your appreciation for the free analysis.
Good luck.
EURJPY expected to rise up to 1st resistance at 121.350 where it could potentially react off and drop down to 1st support at 120.013.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities...
As said a few days ago, we expect EurJpy to break 120.00 resistance. Now the pair is trading well above this psychological level that can become support. We are trying to buy around 120 for a target of 123.00
Hi all, I believe that EURJPY will drop in price. We have had a breakout of the trendline so we should take this to the level of structure previously. Have fun all!
The Euro vs. the Japanese Yen. The Yen is a historically low-yielding currency, influencing traders to borrow cheaply in JPY to purchase higher-yielding currencies, including EUR. Because of this the pair is sensitive to broad-based market sentiment trend swings. Volatility may be found in news related to the Eurozone debt crisis and from the Bank of Japan’s anti-deflation policy efforts introduced in 2013.
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