EURJPJ broke all-time high a technically bearish price action has been established showing indicating weak bullish continuation. Before you are the zones I expect reversals to support the bearish trend.
Last week, there were fireworks across all JPY pairs, with each hitting multi-decade highs. Notably, EURJPY reached an all-time high, peaking at 171.5 before experiencing a sharp drop due to two rounds of intervention by the Bank of Japan (BOJ). So, what’s next for this pair? This week, it’s been slowly creeping back toward the zone where the second round of...
EURJPY - 24h expiry Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. The hourly chart technicals suggests further upside before the downtrend returns. Preferred trade is to sell into...
Hello,Traders! EUR-JPY retested the Rising support line and Is already making a Bullish rebound so As we are bullish biased We will be expecting a Further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
My dear followers, This is my opinion on the EURJPY next move: The asset is approaching an important pivot point 164.62 Bias - Bullish Technical Indicators: Supper Trend generates a clear long ) signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 166.50 About Used Indicators: For more efficient signals,...
EURJPY may retrace from a key daily horizontal resistance. The market looks quite overbought after quite an extended bullish movement. A cup & handle formation on an hourly time frame indicates a local strength of the sellers. I expect a retracement at least to 166.76 support. ❤️Please, support my work with like, thank you!❤️
FX:EURJPY has retraced to a daily/4 hr trend line support level after creating a higher high in a bullish trend. Bullish divergence has also formed on the chart indicating good potential for a continuation of the bullish rally!
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...
EURJPY is completing breaish AB=CD pattern A Bullish divergence at PRZ is a good setup to BUy.
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...
EURJPY in Bearish Trend with Bearish Rectangle is indicating continuation of Declining Phase.
Hello Everyone, Long-term prospects for EUR/JPY continue to favor buying, with an upward trajectory expected. Despite significant seller activity aiming to breach daily support, the current stance on EUR/JPY remains bullish, emphasizing its potential as a buy. TradeWithTheTrend3344
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
OANDA:EURJPY is in overall bullish trend, forming a strong ascending trendline. Recently, after a strong bullish move, It has been retracing towards discounted fibonacci levels. It might continue its bullish momentum from these levels after trendline retest where we can look for long opportunities.
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...
I will look all the yen pair based on my analysis on usdjpy. As USD/JPY has higher interest differential compared to eur/jpy ,so it would follow similar pattern. this is the usd/jpy analysis So I think there is an opportunity to get into the countertrend setup to the level of resistance before we analyze for short!! Follow me for another Setup