The Bank of Japan has now signaled that the era of deflation is coming to an end, leading to a market consensus that this week's interest rate decision will mark the end of the negative interest rate policy. Additionally, the ongoing employer-union negotiations in Japan for the past two weeks could conclude this week, and significant wage increases could trigger...
EURJPY how did you do the analysis ? 1-general trend -- uptrend 2-zone support 3-rsi zone
EURJPY idea long position analysis 1hr Pair :EURJPY Position : LONG (BUY ) Entry1 : 162.100 STOP LOSS @ 161.800 TP 1 @ 162.400 TP 2@ 162.700 TP 3 @ open ( Trailing SL )
MARKET PHASE OANDA:EURJPY is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses) above...
Reason For Buying: 0.168% Retracement on Daily TF 1. BOS 2. Old OB 3. FVG
The current technical analysis suggests that the price has been consistently reaching higher highs, yet approaching a significant resistance level. Furthermore, the RSI indicator nearing the overbought zone implies a potential reversal, indicating a possible downward movement in the near future.
⭐️ Smart investment, Strong finance ⭐️ EUR/ JPY INFORMATION: The price touched the long-term resistance zone H4, overbought. There is no important economic news on EURJPY, setting up a SELL signal ⭐️ SET UP EUR/ JPY PRICE: 🔥SELL zone: 163.450 - 163.600 SL 164.000 TP1: 163.100 TP2: 162.800 TP3: 162.500 ⭐️ Technical analysis: Based on technical...
Embarking on the Euro-Yen Voyage: Amidst the Currency Storm, EURJPY Sets Course on a Downward Expedition📉
EURJPY Bullish trend because of printing series of HH & HL
I think that eur jpy is in great condidion to keep falling
In Monday's Asian session, the EUR/JPY pair maintains a positive stance near 162.55, trading with strength below the resistance zone of 162.00. This uptrend is fueled by investor optimism surrounding the potential shift in the Bank of Japan's (BoJ) monetary policies, expected to occur in March or April. The BoJ's upcoming interest rate decision, scheduled for...
eurjpy is trying for a strong drop, if we can catch its wave, we will get a good profit, according to the analysis, a twin ceiling can be seen in the picture and a pullback that confirms the failure.
The EURJPY pair is breaking above the 0.618 retracement at 162.38. The RSI shows positive sentiment and has broken above its falling trendline, indicating that EURJPY is set to move higher. If the RSI closes back above the 60 thresholds, EURJPY is likely to break above the February peak at 163.72, with potential to reach 165.00-165.88. If it fails to close above...
EURJPY is about to rain(SELL). wait for a change of trend on lower time frame(1hr, 15mins, 5mins) before making an entry for SELL
Hello,Friends! The BB upper band is nearby so EUR-JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 161.214. ✅LIKE AND COMMENT MY IDEAS✅
My analysis suggests that EURJPY will soon reach the level of 160.651. If the HAMER CANDEL on level, buy position However, if the price to break above this level, there is a possibility of a downward movement and entering a short trade. Set stop-loss and take-profit levels for your trade. Pay attention to economic news and events in Europe and Japan. There...