EURAUD is in Bullish trend. And it is making Bullish Flag so it will go up.
EUR-JPY - DISCOUNT ZONE? These are my keylevels on daily chart.
EURJPY Buy at HL (also 0.5 FIB intact ) SL , TP mention in chart
Hello,Friends! Bearish trend on EUR/JPY, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 154.160. ✅LIKE AND COMMENT MY IDEAS✅
Lets wait and see what New York session provides us with opportunitets. We should not stress to much and take unnecessary positions. Wait for a bullish candlestick confirmation. Good luck!
Fundamentals : This trade is a bet that Japan will make changes to its YCC in 2024 and interest rates. On Tuesday, however, the BoJ kept interest rates at -0.1%, "while also sticking to its yield curve policy that references the 1% upper bound for 10-year Japanese government bonds as its limit." The '"BOJ Governor Kazuo Ueda says more scrutiny needed to ascertain...
EURJPY is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level. If the sell momentum continues the next target could be 153 What you guys think of this idea?
OANDA:EURJPY , The the technical & Fundamental Analysis and chart patten showing the uptrend direction due to recent outbreak support level near $154.40. The Asset pair succeed to gain the new negative momentum by the stochastics, the consolidation within the oversold levels, its a strong point now to take advantage from the Consolidation area to form strong...
The current price could break through the sell entry and reverse to the take profit level. Buy entry is at 157.433 which is a pullback support. Stop loss is at 159.081 which is an overlap support. Take profit is at 154.655, this is a multi-swing low support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may...
A potentially bullish scenario for EUR/JPY based on technical analysis. Let's break down the key points: 1. **Double Bottom Pattern:** - A double bottom is a bullish reversal pattern that indicates a potential shift from a downtrend to an uptrend. It's formed by two distinct troughs at roughly the same price level, separated by a peak (neckline). 2....
we are grabbing liquidty from the asian session before the sells in NY
EUR/JPY 4H. We maybe can see more correction or 1 leg more down.... - This is not sell or buy signal. Don`t trade with anybody else analysis or signals. - Never risk more than 1% of your account on any position. And don't forget to have more than 5 confirmation for any trade!
(DOWNTREND) SLO2 @ 162.97 📉 SLO1 @ 160.28 📉 TP1 @ 00.00 TP2 @ 00.00 TP3 @ 00.00 TP4 @ 00.00 BLO1 @ 00.00 ⏳ BLO2 @ 00.00 ⏳ 🔑 BLO = BUY LIMIT ORDER ITF = INTERMEDIATE TIME FRAME SLO = SELL LIMIT ORDER TP = TAKE PROFIT Intermediate time frames (4 hours to 6 day): — Offer a clearer picture of the underlying trend compared to short-term frames. — Provide more...
EURJPY daily short setup. Will be looking for price to continue a move down tomorrow. Let me know what you think!
Japan exports to U.S and Europe in similar quantities demanded. Observing the Yen per Dollar and Yen per Euro rates, 143.821 Yen per Dollar and 157.870 Yen per Euro. The euro displays strength as it costs more Yen to Purchase one Euro opposed to a smaller amount of Yen to purchase one Dollar.
Following the "inaction" of the BOJ overnight, the EURJPY and other XXXJPY pairs ramped higher. Many pairs hit resistance levels, including the EURJPY. The EURJPY completed and equal leg move to the 158.50's and with the underside of the broken channel being tested and the 50% retracement of the drop from 2023 highs within a stone's throw, the risk/reward is for...