EUR/JPY - 15-Minute ChartAttention, traders! The EUR/JPY 15-minute chart is painting a canvas of opportunity, now might be the opportune moment for buyers to enter the fray.
About Euro / Japanese Yen
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.
EJ - MUL TOP GOT BREAKOUT JXY Weekly : Japanese Yen Index is getting rejection at strong Weekly support. Meaning, there will be a SELL pressure for all JPY related pair.
For EJ, Multi top pattern got breakout. Let's find SELL pattern.
EURJPY H12 IdeaPotential for a bearish pullback on the EURJPY pair, which could lead to a price movement towards the support level at 159 in the upcoming period.
Bearish Sequence (Descending Triangle) - EJHere I have EUR/JPY on the 4Hr Chart! I believe we are seeing a Correction in the Bearish direction since EUR/JPY has been traveling in a UPTREND for quite some time!
Our current Highest High @ 164.308 on Nov' 16th is the first touch of the Falling Resistance followed by the failed attempt at a Hig
eurjpy
#EURJPY - H1 Analysis
📣 Upon reviewing the 1-hour timeframe, breaking the downtrend around 162.40 suggests potential price growth towards the 163.60 range.
⛔ Stop Loss: 161.35
Conversely, a breakdown below the 161.35 level could indicate a decline in price towards the 160.40 range.
⛔ Stop Loss:
EURJPY H1 OUTLOOKEurjpy Sell limit Zone
162.650- 162.870
SL -163.170
Tp 1 : 30 pips
TP 2 : 60 pips
Tp 3 : Open
⚜Divide lot size in the zone with 3 layers
⚜Remember: We will have to enter direct with layering in zone ✅
1st limit start of zone
2nd limit mid of zone
3rd limit end of zone
We’ll have to count 30 p
EURJPY SHORT ANALYSISAfter carefully studying the graph he published this idea which precisely reflects the points of my interest.
As you can see from the graph my entry point corresponds to the yellow circle with the relative SL AND TP set with a risk/reward of 1:4.
We are in the HYPER BOUGHT area on the 1D chart and
EURJPY LONG Hello everyone,
In higher timeframe (1D) EURJPY is in uptrend
It is reached in its (4H) Fresh Demand Zone
In (15m) the trendline is broken so it is good idea to buy this pair
First target is 162.100
What I'm looking for is 162.600
See all ideas
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