Eurjpyforecast
EURJPY bounced from support, potential for a further rise!
EURJPY bounced off 120.274 where it could potentially rise further to 122.690.
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Losses can exceed the initial investment so please ensure you fully
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EURJPY bounced from support, potential for a further rise!
EURJPY bounced off 121.386 where it could potentially rise further to 122.690.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURJPY reversed from resistance, potential drop!
EURJPY reversed off its resistance at 121.9313 where it could potentially drop further to 121.5422.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EUR/JPY : BearFlag Continuation PatternLooking For Drop in downside , Making BearFlag continuation pattern.
EURJPY potential reversal!
EURJPY expected to rise up to 1st resistance at 122.4583 where it could potentially react off and drop down to 1st support at 121.8550.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURJPY to climb from upside confirmation, potential bounce!
EURJPY to climb from its upside confirmation at 122.690 where it could potentially bounce further to 124.370.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURJPY possiblr rangeA possible trade set up for EURJPY. i believe there is further downside available in EJ, mainly because of the impeachment trial in the U.S starting next wee,k which may help boost demand for safe haven assets. the bounce could coincide with the lighter than usual trading volume in the U.S Monday because of the holiday. We also have the BOJ rate decision Monday evening and press conference that may weaken the yen, in my opinion, as I don't expect the BOJ to be hawkish. Moving forward we have the trial beginning on Tuesday and paired with the return of volume we may see a continuation of the drop which would coincide with an ABC correction in the near term. From there it becomes a bit more difficult as we come into a demand zone and longer time frame trend line. A break below the trend line and a daily close below it certainly suggest further downs side is possible. Any time price is over 122.50 it is bullish in my opinion, but there may be near term resistance in 123.25 area that pushes price down slightly to retest the 122.50 area; before continuing up in an attempt to close the gap. I see a strong resistance area up top so any over shoot of the gap may be contested . not trading advice. just my perspective. happy trading
EURJPY to climb from upside confirmation, potential bounce!
EURJPY to climb from its upside confirmation at 122.690 where it could potentially bounce further to 124.370.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURJPY bounced from support, potential for a further rise!
EURJPY bounced off 122.690 where it could potentially rise further to 124.370.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURJPY Forex cross pair supply and demand analysisThis is a longer term analysis for EURJPY Forex cross pair done on the monthly timeframe. As explained in many other supply and demand scenarios, when we have a longer term monthly imbalance that gains control, we are not allowed to take a position against it.
If we take a look at EURJPY Forex monthly timeframe analysis wearing the supply and demand glasses, we can see the reason why EURJPY forex cross pair is rallying instead of dropping.
EURJPY Forex cross pair has been dropping for months until monthly demand imbalance at 1 gained control. This cross pair has been rallying from down there for five consecutive months, we are expecting price to continue rallying in the forthcoming months. That does not mean price is not going to correct at all, the underlying price hardly moves in a straight line. But what we do know is that a strong monthly demand imbalance has taken control of EURJPY Forex cross pair.
EURJPY GOOD LONG OPPORTUNITY AT DAILY TIMEFRAME
EURJPY is showing a good bullish trend for a good amount of time now, and as we see it is now ready to break a resistant level at 122.933, and after retesting it we might consider on entering this trade.Also we need to wait for 2 extra candles to confirm our bullish plan.Our target here hits at almost 140+ pips.
EURJPY Market Outlook | Daily Forex Market BreakdownEURJPY
This pair is looking really good. I really like how EJ is developing. Resistance looks like it is holding very well. I would like to see a couple more confluences before I jump into a short position especially since we already have a YEN trade currently open, but I am keeping a really close watch on this pair and we may have a signal for this soon.
EURJPY to climb from upside confirmation, potential bounce!
EURJPY to climb from its upside confirmation at 122.690 where it could potentially bounce further to 124.370.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURJPY Short Term Short Position!!Price is at a strong resistance point on both daily and weekly chart. Ya'll can short the position and take your profits at the points.
