EURJPY price is in the important resistance zone 171.400 if the price cannot break through. It is expected that in the short term there is a chance that the price will go down.
EURJPY is in a support and resistance zone with double touches, making it little stronger and we can see price tap the second time and if we zoom to the 30mins TF, we can see it clearly. We wait for breakout and retest and we go short
Here I have EURJPY on the Daily Chart! Currently you can see price back up at the Resistance Area of ( 164.3 - 165.3 ) after having tested the Rising Support 4 times with each time successfully having Strong Bullish reactions ... this Price Action has formed what looks to me to be a Bullish Triangle Pattern! Fundamentally, there's a lot to unpack but with JPY...
Thesis: EJ has tapped into previous day support. It has since then printed a ‘morning star pattern’ that has been retraced 50% into by the following hour candle which ‘closed bullish’.
This is my current following on EUR/JPY Bullish movements as of lates, still waiting on the next area of interest to confirm, most likely going into next week Market sentiment is still bullish Big Trend line is still bullish Most likely we will see a pull back sometime into next week, by that time I'll be able to upgrade the chart and track movements until...
FX: EUR/JPY - SELL A similar structure to the advance in November. Further notes on the chart
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 EURJPY has been overall bearish , trading within the falling flat wedge pattern in red. Currently, EURJPY is approaching the upper bound of the channel acting as a non-horizontal resistance. Moreover, it is retesting a demand zone marked in green. 🏹 Thus, the highlighted...
EURJPY is in a bullish trend making Higher-Highs and Higher-Lows. The trade plan is based on Entry at the breakout of previous High and Stoploss below previous low of the trend. TP1 is 1:1 and TP2 is 1:2. There is no divergence on RSI and no break of trendline so the trend will most likely continue in its direction.
News conformation on the bullish EUR this week as YEN shows bearish signs. Trade is running.
Last week, EUR/JPY respected the uptrend it has on the 4HR timeframe and moved about 250 pips from the previous area of support at 162.500. We can see that it has been holding the 165.000 area as a strong resistace where price has tried to break it a couple of times but has always rejected. As it has been in an uptrend, we could see a potential break of the...
Only keeping track of movements, I don't like to predict, but I do like to take consideration of Fibonacci for possible areas of interest. I prefer to be bullish due to market sentiment as of late, and not enough information to convince me to take any short positions at the moment. The latest movements remind me of a wave 3, then expecting a sharp pull back,...
Hello Everyone, EUR/JPY remains a favorable long-term buy, although current market activity shows sellers entering the scene. Presently, daily support levels have effectively propelled the price upwards, offering substantial reinforcement. Analysis of price movements indicates no immediate signs of a bearish reversal. Nonetheless, there exists formidable yearly...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Yen falls as USDJPY heads in the direction of a hundred and fifty five However, the Japanese Yen did little to enhance in opposition to the weaker dollar, with USDJPY buying and selling close to a 34-12 months excessive and close to the a hundred and fifty five level. The yen weakened whilst a sequence of Japanese officers warned of presidency intervention to...
FX:EURJPY Trading Forex and other financial products with leverage is highly risky and can result in substantial losses. Trading in the market may not be suitable for everyone. You need to be aware of all the risks and seek the help of independent financial advisors if you have any questions or doubt
A glimpse of the EURJPY in the first half of 2024 Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
Fundamentals & Sentiment EUR: - Rate cut expectations differential JPY: - Possible intervention (Yen up) Technical & Other Setup: S(RTF) Setup timeframe: 4h Trigger: 1h Medium-term: Sideways Long-term: Uptrend Min target: Local support Risk: 0.36% Entry: Sell limit
The EURJPY and other XXXJPY pairs surged following the "speculated" BOJ/MOF intervention in European trade today. Although many pairs hit some key levels, the EURJPY was particularly interesting today. The EURJPY surged Sunday, April 28th when market reopened over the weekend and the EURJPY came within pips of the 161% Golden Fibonacci extension of the November...