EURJPY | BULLISH BIASEURJPY has been facing minor resistance at 143.000. If the price successfully surpasses this level the next resistance lie at 144.200.
We think the momentum looks pretty strong and the price will break all levels.
The immediate support lies at EMA100 and the rising support level
Eurjpylong
EURJPY Buy biasHi Traders,
I trust everyone had a well-rested weekend. Today we have a holiday in the U.S and as you can see, The market has been very flat so far. I am looking at EURJPY as I see a high probability setup.
Based on the higher timeframe price has been bullish for a while now. We see that the weekly timeframe close last week has spiked the low and then continued to close bullish, I believe the price could follow the momentum this week.
Based on my current trading Time-frame, Price is stuck in a minor range at the moment, I am waiting for a break and close above 142.100 where I will then start entering the market for what should be an easy buy,
If price breaks below 141.500 I will no longer be interested in this position and I would be managing risk if it does turn around and continue down.
Remember it’s a holiday and price has a high probability of ranging.
Renaldo Philander.
EURJPY Top-down analysis todayHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURJPY BREAKDOWNHello traders! In today's article, I'd be sharing with you my thought process on EURJPY and possible trading opportunity on this pair for those who already have this on their watchlist. Chart below Here's the Daily timeframe breakdown on this pair, and our already established higher timeframe bias is bullish , and as such, we're looking to catch some moves to the upside on this one UPON CONFIRMATION. We have seen the most recent structure level that acted as resistance (139. xx region) and the market is testing it, and if we find support then it might just be time to grow. In all, we stay reactive.
DISCLAIMER: Our analysis are not a recommendation to Buy or Sell. It is strictly for educational purposes only. Please give us a LIKE and FOLLOW if you find our contents helpful
EURJPY: Not Yet Yen!!EURJPY
Intraday - We look to Buy at 140.75 (stop at 139.60)
Selling pressure from 142.79 resulted in all the initial daily gains being overturned. The current move lower is expected to continue. The bias is still for higher levels and we look for any dips to be limited. We look to buy dips.
Our profit targets will be 144.10 and 145.00
Resistance: 145.00 / 147.30 / 150.00
Support: 138.60 / 135.55 / 133.15
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EURJPY A Great Buying OpportunityTrade Proposal:
There is a probability of first tp to the proposed ( 150.00 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis: EURJPY Waiting for the Range Bound and the beginning of the Ascension Trend.
EUR/JPY Long Trade UpdateHey Guys!
The current eur/jpy weekly bias is long. Or in other words, price is likely to reach 139.98 before reaching 124.34
The long entry I was mentioning last week was triggered, however I need a pullback to the 136.00 levels for a long entry due to overall risk managment. In this post, I explain how I will be trading this set up, as well as how I will be
managing this long trade if entered.
That's it! I'll keep you guys updated!
Ken
Disclaimer: This is not Personal Financial Advice.
EUR/JPY: High Volume breakout | LongEUR/JPY: High Volume breakout | Long
- Break of structure (BOS)
- Change in Character
- POC below current price levels
- Low Volume ahead
Perfect Bank Setup, more long potential ahead!
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