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Erujpy

(USDCAD) T.F(4H) TA 2/24/22 Exit neutral modeAs you can see, both scenarios happened and after breaking the trend line, it came out of neutral positions and collided with the resistance range. Now the trend has climbed. Provided that the price below the trend line does not stabilize and the red arrow scenario does not occur. ⚠️ This Analysis will be updated ... 📊 #USDCAD 💹 Time Frame : 4h 👤 hosein alizadeh 📅 2/24/22 ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by hosein_alizadeh
EURJPY, 4hr tf, rising wedge pattern in playBased on the 4hr timeframe it looks like price making a rising wedge pattern on EURJPY. Right now price hovering below the 121.30-50 resistance area which is previos structure support. Back then when price touch this area, sellers came in and push price back to the downside. The recent 4hr candle close showin a sign that price looks exhausted and might push it to the downside once again as stochastic also on overought condition. Sell EURJPY around 121.20-121.30 Stop loss 122.00 Take profit 1 @120.60 Take profit 2 @112.00 Take profit 3 @119.40
Short
by HayatoDragonFX
Don't miss the great buy opportunity in EURJPYTrading suggestion: . There is a possibility of temporary retracement to suggested support line (119.95). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURJPY is in a uptrend and the continuation of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 59. Take Profits: TP1= @ 120.75 TP2= @ 121.45 TP3= @ 123.15 SL= Break below S2
Long
by ForecastCity
12
EURJPY- Lower highs July 2 - Update - Short EURJPY -- Trade Entered at 128.85 Original Analysis - June 26 - Below: The global risk-off move is being fuelled by US President Trump slapping tariffs and trade barriers on two of the world’s biggest economies, China and the EU. And it is against this background that we look to go short EURJPY with the EUR under pressure from tariffs, amongst other things, while JPY is currently the favoured risk-off asset, ahead of CHF and gold. Current EUR negatives include potential US tariffs on its huge automobile sector, weakening growth, lowly inflation and a dovish monetary policy that is unlikely to see any rate hikes until at least Q3 2019. In addition, German Chancellor Angela Merkel, one of the rocks of the EU, is under pressure at home from within her coalition government to curb migration, while the new populist government in Italy refuses to let migrant boats dock. DAX 30 – US Trade Fears and Auto Blues USDJPY Hit by Trade War Rhetoric; Technical Indicators Collide On the technical front, EURJPYlooks set to push lower after making three lower highs in the last two months. We look to open the trade at what we think may become the fourth lower high and the 38.2% Fibonacci retracement level at 128.85and have a stop-loss at the third lower high – a break of which would invalidate the set-up – at 130.40. We set targets at 124.60 and 123.50 and would move our stop-loss down to our entry price on hitting our first target. The negative picture is given further credibility with the pair currently trading below all three moving averages, while the RSI is mid-market but pointing lower. EURJPY Daily Price Chart (May 2017 – June 26, 2018) EURJPY - Pending Short as Trade Wars Escalate Entry Point: Pending short at 128.85 Target 1: 124.60 (May 29 low) Target 2: 123.50 (61.8% Fibonacci Retracemnt) Stop-Loss: 130.40 (June 14 high)
Short
by GoodlandH
EURJPY shortHello everyone, i will be posting here my ideas so i can keep track of them. Why i dont publish in private? Because i am open to any suggestion, so if anyone wants to tell me something about the idea, i will be glad to read what he or she has to tell me ! Here i am looking for a short in eurjpy weekly. wich seems to be in a very corrective structure at the moment. When the corrective structure is finished, i will be expecting another impulse down that should go below the previous low of the impulse down ( in the best scenario ) I will list below a few reasons to short now : • First: price seems to have bounced of the .618 fib level • Second: price stopped at weekly trendline. • Third:in ichimoku we can see price below kumo, and recently bounced off from it. recent tenkan kijun crossover •Fourth: Thight stop, if this setup is wrong, we have a tight stop in relation to the possible target i will list below a few reasons to not short now : • First: Stoch oversold and crossing up. Any suggestion will be welcome. Thanks for reading.
Short
by Akkard