OANDA:EURJPY The price of the currency pair is expected to start a downtrend after reaching the resistance level of 164.911 Consider your risk management before entering a trade. Pay attention to economic news and events that may affect the EUR and JPY exchange rates
EURJPY - 24h expiry Price action looks to be forming a top. A Doji style candle has been posted from the high. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. We look to sell rallies. Although the anticipated move lower is corrective, it does offer ample risk/reward today. We...
With the economic results, the time is right to enter a buy befor a big sell trades for the EURJPY for the next two weeks
The asset made a trend change on 04/16/2024 with notable volume, after which it tested the POC several times before the distribution process, when making a touch with an attempted breakout, it quickly returned to its trend with volume, after which it seems to have consolidated and will begin the distribution process. We must pay attention to IPC tomorrow, if you...
Short term Elliott Wave view in EURJPY suggests that rally to 165.35 ended wave 3. Wave 4 pullback unfolded as a double three Elliott Wave structure. Down from wave 3, wave ((w)) ended at 162.59 and wave ((x)) ended at 165.17. Down from there, wave (w) ended at 163.85 and wave (x) ended at 164.69. Wave (y) lower ended at 162.26 which completed wave ((y)) of 4 in...
EURJPY is showing Bearish divergence and it break its Last HL plus its Trendline which shows potential break on uptrend sell on CMP with risk define previous highs
1) Price make Market Structure Shift (MSS) 2) AO Divergence - price will reverse 3) Dominance break buy (target price will touch at golden fibo ratio 1.618 same level with supply zone on the left and reverse to the bottom looking for previous LL.
EUR/JPY could rise towards an overlap resistance and potentially reverse off this level to drop lower. Sell entry is at 164.62 which is an overlap resistance that aligns close to the 78.6% Fibonacci retracement level. Stop loss is at 165.45 which is a level that sits above a multi-swing-high resistance. Take profit is at 163.61 which is a pullback support that...
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
We expect further downside on this pair, signalled by the formation head and shoulders pattern breakout. We can also see the breakout of a short-term trendline and key level supports our directional basis
Based on the H1 chart analysis, we can see that the price has just reacted off our sell entry at 164.06, which is an overlap resistance. Our take profit will be at 163.55, a pullback support level. The stop loss will be placed at 164.60, an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and...
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. EURJPY STILL STRONG UNTIL. 📚 👉 As we can see price is still overall bullish trading inside this channel, and as we mentioned previously in our analysis attached on the chart, price rejected our lower rising trendline and...
EUR/JPY SHORT " break of structure + 72%fib retracement + supply area" EUR/JPY sell supported by ECB policymaker's hint at potential rate cut amid inflation concerns
CHECK OUT MY BIO.... Knowledge Required to nail OANDA:EURJPY 1, Good understanding of price Trend/directions 2, Absolute respect for Supports and Resistances 3, Knowledge of candle stick patterns 4, Discipline to use partial TP, SL 5, Discipline to wait for confirmations and only act when required See the video for more.
The possibility of continuing the downtrend in this symbol after the completion of the correction. The possibility of moving in the long-term
EURJPY 1H Projection I'm bearish on EURJPY As per Elliott Wave 1:1 is completed and I can see bearish on EURJPY. Thanks for support.
FX:US30 Knowledge Required to nail these US30: 1, Good understanding of price Trend/directions 2, Absolute respect for Supports and Resistances 3, Knowledge of candle stick patterns 4, Discipline to use partial TP, SL 5, Discipline to wait for confirmations and only act when required See the video for more. Do you require support to make money trading forex?...