The current buying opportunity for the EUR/JPY pair lies at 164.507. This represents an advantageous entry point for traders looking to capitalize on potential gains. By setting take-profit levels at 165.000, 165.500, and 166.000, investors can strategically aim for incremental profits as the market moves in their favor. Additionally, implementing a stop-loss at...
Pair Name : EUR/JPY 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— Bullish Break 165.650...
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...
EUR/JPY: Poised to rise more in a risky zone EURJPY broke out of a small bullish triangle pattern. Considering where this triangle pattern was created is increasing the chances that EURJPY could rise as a minimum up to the old structure zones. Regardless of the technical chart, the price is supported more by the fact that the BOJ is not intervening in the...
Following its ascent to the 171.500 area, the EUR/JPY underwent a notable surge, echoing the analogous movement witnessed in the USD/JPY pair. In light of this development, our approach entails anticipating a potential retracement of the preceding bearish momentum, employing limit orders to capitalize on favorable entry points. Simultaneously, we remain vigilant...
Long EURJPY, 4H entry 165.360 - 165.090 sl 164.000 tp1 166.870 tp2 168.293 move sl to entry if price reach 166.158 OANDA:EURJPY
A very symmetrical rise after manipulation1! Breaking bullish structures... It will break historical highs, we must stay tuned!!! Find your favorite entry pattern :D Keep it Simple! If you liked it, don't forget to follow me! :)
Bought yesterday, did the same two weeks ago before the BOJ intervention. Still a big diference in interest rates of both pairs. Be careful on JPY pairs , BOJ can intervene again. Fundamentals are everything.
Here is a details analysis of EURJPY: EUR (Euro): 1. Scorecard: Bullish sentiment, indicating an expectation for an increase in value. 2. COT-FLIP: Bearish sentiment, suggesting a potential decrease. 3. Seasonal Analysis: Bearish outlook, implying a likelihood of a decrease. 4. Fundamentals (LEI, ENDO, EXO): All bullish, indicating positive economic factors that...
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.
Market starts off bullish in the open off an area of interest, expecting either a pull back to daily support zone 164ish or a continuation to the upside Currently the market still consolidates with no strong confirmation of which way to trade at the moment Market sentiment is mixed, with most on Short side Big trend is still bullish Prices has tested support...
Trailing stop on EUR/JPY after 3 days of profits .I am still on the trade as well the same on GBP/JPY and CHF/JPY both with the same fundamentals and chart patters. Hope BOJ dont intervene this week.
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!
So the view of this downside move is based on USDJPY analysis which we talked about how the interest rate differential, Similar pattern behavior of USDJPY as the government sell bonds to buy back their currency yen!! so we are looking at the same theory at play This is the video I talked about USDJPY similar pattern So we could see price retrace to 61.8% fib...
Hello awesome traders! It's been quite a ride with EURJPY since April 10, 2023. Let's delve into the charts and analyze some key levels to guide our trading decisions. Weekly Chart Analysis: The weekly chart reveals a symmetrical triangle pattern, which I previously shared on TradingView back in April 2023. This chart holds significance as it demonstrates a...
Hello Traders In This Chart EURJPY HOURLY Forex Forecast By FOREX PLANET today CADJPY analysis 👆 🟢This Chart includes_ (EURJPY market update) 🟢What is The Next Opportunity on EURJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
The price is rising toward a resistance level, which serves as a pullback resistance that aligns with the 61.8% Fibonacci retracement; it could reverse from this level toward our take profit. Entry: 167.15 Why we like it: There is a pullback resistance level which aligns with the 61.8% Fibonacci retracement. Stop loss: 168.62 Why we like it: There is a pullback...