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EURJPY 15 min ANALYSIS This is a EURJPY 15 min ANALYSIS . As you can see from the chart we expect the red upper line to act as our resistance zone and the lower white line to act as our support zone. The price has reached a strong demand or support zone and we expect it to behave usual getting rejected not less than twice and the continue to grow fro this key zone. We put our stop loss below the demand zone and our first take profit at the nearby resistance level waiting to see how the price will behave next. This is more than an institutional analysis. We know what we are doing and we do what the market is doing. Invest wisely. Our aim is to make your vision of making money in the Forex market easier than you thought. Thus we want you to experience zero poverty. If you find this analysis helpful please share your idea in the comment section. Thank you for your time. Wish you more success.
Short
by Piptera-Digital-Solutions
EURJPY analysis on 4HMy analysis on EURJPY is very simple. Last week the market broke below it's lower by making new lower low, but last Friday it pulled back with a bullish movement and secured a close above the pevious lower low. Next monday morning i am hoping that the market may push back down to 130.30 area and if changes the structure it am going to look for the market to go near 121.60 area, an area where the minor down trend started. Which will be my potential sell area after several price action confirmation. After that we might see an impulse break down to the daily low or even lower as we are still in downtrend. Please leave out a comment stated your opinion.
Short
by DontStopTrading
EURJPY Set To Resume The DowntrendHi Traders, The last time I wrote about EURJPY, it was about to break out of the ending diagonal pattern. A few days later, the price has broken the pattern and trade lower sharply in what can be seen as the first wave of the impulse. According to EW theory, an impulse is followed by a correction before the price resumes in the direction of the impulse. So the recent rally can be seen as the correction and if it's completed, the price should trade lower below wave (i) in the days ahead. What's your view on EURJPY? Let me know in the comment. Thanks for reading!
Short
by Veejahbee
EURJPYAs I said last weeks...If we make a parallel between the chart on a week and one month we can see as EJ Pattern Pattern formed since 2018! In the 1 week chart we observed that this is a very important area for EJ's near future ... if you see in the left circle, any closure even for 1 day over the green line means an imminent climb in the 137,300 area However ... if the month of May closes below 134,050 then we can take into account a very strong retreat movement up to the 125,000 area and so on ... UP AGAIN! anyway ... it looks like it will be the first time in 15 years when EJ ends 7 consecutive months on GREEN THIS WEEK...as I was telling you last week, EJ rejected from the very strong resistance formed in the last 4-5 years and from the Fibonacci 786 area on the 1 month chart! From here ... I will only look for SELL for at least 400-500 pips until the first close even for 1 day over 134,050 NOTE: Please, give a LIKE if you find this idea useful! GREAT ATTENTION: *This information is not a Financial Advice.
by BloomFX_SIGNALS
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