The price has recently reached a strong resistance zone, noting previous sell-offs in that area. It appears that we may see more sideways movement EURJPY is near the resistance, where price dropped before. We expect a bearish move from the confluence zone. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK!...
EURJPY broke through the upper boundary of the ascending channel. The price reached the resistance level and then corrected to the 38.2% retracement level of the last bullish impulse. The chart maintains the ascending structure. We expect the growth to continue. ------------------- Share your opinion in the comments, and support the idea with a like. Thanks...
Price is at a level last seen in July 2008. At that time as well, price had made several attempts to go higher and failed (thus printing multiple tops). Once again, we can see several tops. A decline of 55,400 points (about 33%) happened in 2008, I can only wonder what we will see on this occasion. I see a supply zone (yellow rectangle) and expect this pair to...
Like, comment and share with your peers! Hi Friends, Price was able to close outside our recent range (see 30 minutes time frame), so i'd expect that momentum to continue but not without multiple retest of this recent range. With that said, find the following focal points; Entry - 168.646 to 168.728 area Textbook SL 168.396 (means flexible - put SL as occasion...
Upon comprehensive analysis of the EURJPY pair, we are currently observing a robust uptrend, particularly evident in the broader timeframes such as the monthly and weekly charts. Despite a transient retracement observed on the daily chart, indicative of bearish sentiment, the market trajectory has resumed its upward course. Notably, a decisive breach in market...
According to : uptrend channel Convergence on CCI TP and SL is clearly showing
Japanese Yen weakened after intervention, USDJPY increased Markets are now looking for more information on Japan's inflation and wage growth to gauge whether the Bank of Japan will raise interest rates further this year, which is expected to bring some relief for the Japanese currency.
My Dear Robbers / Traders, This is our master plan to Heist Bullish side of EUR/JPY Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned with target in the chart focus on Long entry, Our target is Red Zone that is High risk Dangerous area market is overbought / Consolidation / Trend Reversal at the level Bearish...
My Dear Robbers / Traders, This is our master plan to Heist Bearish side of EUR/JPY based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned with target in the chart focus on Short entry, Our target is Green Zone that is High risk Dangerous area market is overbought / Consolidation / Trend change / Strong Pullback happens at...
For over two years, OANDA:EURJPY has been experiencing an upward trend. The pair is ascending within a clearly defined rising channel. Despite a drop at the end of last year, triggered by JPY repatriation, the overall trend remained intact, and EURJPY resumed its upward trajectory at the beginning of this year. The end of April saw the pair reach a new...
Hello, friends! This is ESS team. EURJPY is ready for the next wave after a strong rally. Let's check what next happens. This is the EURJPY 4H chart. After breaking through the short bearish extended wave, the chart is currently being drawn in the bullish extended wave. After reaching 618 with the Fibonacci retracement, the 4H orderblock zone flips to convert...
EURJPY is moving in an ascending channel between the trend lines. Volatility has increased. The chart has fallen under a strong resistance level. We expect a decline after the resistance retest. ------------------- Share your opinion in the comments, and support the idea with a like. Thanks for your support!
It may have escaped some traders notice that the JPY has been hammered in the last few months. So much so that GBP/JPY hit 200.49 earlier today, USD/JPY hit 160.00 and EUR/JPY hit 171.65. Some of these are historic highs, in fact USD/JPY is a 30 year high. I'm unaware of any intervention by the BOJ that would cause the 570 pip fall in USD/JPY (mirrored EUR and...
Hi friends, I brought the FOREX interesting charts The buying force is making adjustments by beating the sell-off and rising. If the Fibonacci 0.618 section is set as the primary target and breaks upward, the AB=CD pattern can reach the 1 value D
Hello, guys. This is ESS team. We are cheering for your safe trading. So, Let's talk about "EURJPY". It is pleasure to RISING well. Of course, We prepare for the EURJPY's next movement. ::::::::::::::: Currently, It's RISING with middle line's support within the rising channel. If candle is resisted at the GREEN line, It could temporarily fall to the bottom...
EURJPY is currently showing signs of a Bearish Crab Harmonic Pattern (XABCD) on the 4-hour chart, indicating a potential reversal in trend. Additionally, the price is approaching a significant trendline, further supporting the bearish bias. Bearish Crab Harmonic Pattern (XABCD): The formation of a Bearish Crab Harmonic Pattern suggests that the price is likely...
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...
EURJPY formed a rounded top near dynamic resistance and returned to the ascending channel. The chart has formed a pattern AB=CD. The past touch of the dynamic resistance ended in a reversal of the move. We are expecting a pullback. ------------------- Share your opinion in the comments, and support the idea with a like. Thanks for your support!