EURJPY 4H has formed a doji on the weekly timeframe. This market is long-term bullish and weekly doji has created another opportunity for buyers as prices currently rejecting weekly support. It is highly likely price will continue to rise and, with a higher low on the support level on 4H, a bullish trade is highly probable.
Hello traders , after doing my technical analysis on EURJPY pair looks Bearish in my opinion . Here is Why : - Weekly Candle Closed As Inversed Hammer on a KEY RESISTANCE level - 4H time frame : We have a Head and shoulder reversal pattern on the key resistance and At the same time A DOUBLE TOP PATTERN on that level (as the head) further signification that...
RSI and Stochs confirm bearish rollover from overbought levels, bias is lower Upside remains capped at 5-DMA, scope for dip till 21-EMA at 141.12.
EUR-JPY has retested a horizontal resistance level at 144.30 And we are already seeing a bearish reaction So I think a further bearish move down will follow
EURJPY (4H) is forming a strong bullish price action with a double Doji and liquidity grab from the daily support zone. As long-term price action is bullish, it is a high probability that eurjpy will continue to rise as JPY is weakening, lower timeframe price action is bullish. A buy trade is high probable from this level of support. Press the like button if you...
Eurjpy ready to big drop enter withthe beginning trend we expect market ready to drop we will enter from supply zone.
On the back of a very weak Japanese Yen(JPY), EUR/JPY has strongly rallied to the 142.20 resistance level. However, there could be a very strong pullback on the cards if EUR/JPY respects this resistance. As long as price doesn't break the resistance, sell entries would have very good potential in my opinion. I would be looking to sell EUR/JPY@143.80-144.20, SL...
EUR/JPY spikes over 1.2%, more upside on cards EUR/JPY trades with bullish technical bias. Momentum is bullish, volatility is high. Price action is above cloud and Chikou span is biased higher. Scope for further gains.
We see in this pair the strength of buyers due to the decline of gold and the rise of the dollar I expect that it will break the resistance area as shown in the drawing and reach the next resistance area.. If you liked the analysis, do like and leave us your opinion..
EURJPY has formed a reversal pattern on an important monthly level of resistance. On the monthly close, the price had a bounce and from the monthly resistance, it created a reversal pattern with a test of the neckline as resistance. It is a high probability that EURJPY will continue to drop as the market is over-extended to the upside
Hi Traders, I am waiting for SELL at maybe Bat pattern level at 4 Hour chart of EURJPY Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
If price respects zone 1 then we can expect price to move higher until 137.600-138.000 If price fails to hold zone 1 then we can expect price to test zone 2
#EURJPY - EURJPY has a short-term UPSIDE BIAS at the moment. XXXJPY CURRENCIES BUYED VERY FAST WITH JPY WEAKNESS. Maybe it can reach 140.234 LEVEL. 142.295 is a very good resistance limit. - Some NEWS coming for the USD will help to weaken or strengthen the EURO. But if the RATE HIKE SENTIMENT is PRICED by the ECB, the EURO can be BUY more. - Anyway, the...
EUR-JPY is retesting a resistance cluster AT 139.1 Which makes me bearish biased on the pair And as we are already seeing some bearish price action I think that the next move will be downwards To retest the target level below AT 134.163
Waiting for this move on EUR/JPY trade i like to trade EURJPY now waiting for a ChoCh forming and to buy from BUY ZONE Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions
EUR/JPY extends weakness below 38.2% Fib, bias bearish EUR/JPY trades with a bearish bias. Scope for dip till 200-DMA at 134.15. Bearish invalidation only above 21-EMA.
this is going to be one of the best trades ever taken SELL Stop not activated yet SELL Stop AT 136.18 Trade at your own risk.
Hello dear traders. Here my idea to EURJPY . we will expect short term bearish continuation to 135.80 level. Technical Outlook : EURJPY price breakout from the rising channel. So we expect bearish movement will continue to Fibonacci 0.5 level. Fundamental Outlook : Euro under pressure as the gas crisis. Volatility index up 13%. So we can expect fear of economic...