Get started
Euro / Japanese Yen
Short

EURJPY facing tremendous bearish pressure, keep your eye out on

By Tickmill
Broker

EURJPY is facing tremendous bearish pressure below 135.95 (Fibonacci retracement, Fibonacci extension, bearish divergence) and a strong drop could occur at this level to push price down towards 134.55 support (Fibonacci retracement, horizontal pullback support).

Stochastic (34,5,3) is seeing really strong bearish divergence vs price and this could signal a major reversal.

Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Chart PatternsEUREURJPYeurjpyforecasteurjpylongeurjpypredictioneurjpyshorteurjpysignaleurjpytradeHarmonic PatternsjpyTrend Analysis
Tickmill
Broker
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.