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
Simple design with potential zones of influence for the price action for support/resistance. Hoping to catch at least 3 turnarounds/reversals at the marked levels/zones. Vertical rectangles are more like time stamps although they also can provide similar evolutions of events if the price touches them. Although this is not just experimental, it should also be...
Market has been going bullish and approaching an area of interest Market sentiment is majority short Big trend is still bullish In this area of interest, either the market will pull back to an area of interest or consolidate then continue in a bullish trend At the moment, no strong signals convincing me to enter at the moment
I’ll be stacking if this candle engulfs all the rest !
EURJPY is at a very tricky area of 165.474 ,from this area we have the 200 SMA above it which indicted we could still get more sells but if price breaks above the 200 SMA at 165.474 area we shall see buys towards 168.960 but if the area holds we shall see sells towards 162.511
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
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!
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...
✅EUR_JPY is trading in an uptrend Along the rising support line Which makes me bullish biased And the pair is about to retest the rising support Thus, a rebound and a move up is expected With the target of retesting the level above at 165.000 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
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.
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 still has the opportunity to grow, but now there is a chance to earn a short time by selling, We have these indicators for SELL opportunity: - Reflection from the top of the parallel channel (formed since 2022) - Low volume to continue the current direction - Resistance zone of last peaks (2007-2008) - Return/re-test to Year + 6M + 3M + 1M high We define...
The EURJPY and other XXXJPY pairs surged following the "speculated" BOJ/MOF intervention in European trade today. Although many pairs hit some key levels, the EURJPY was particularly interesting today. The EURJPY surged Sunday, April 28th when market reopened over the weekend and the EURJPY came within pips of the 161% Golden Fibonacci extension of the November...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.