CHFJPY I Potential long from supportWelcome back! Let me know your thoughts in the comments!
** CHFJPY Analysis - Listen to video!
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Eurjpy!
EURJPYEURJPY is trading in bullish parallel channel, and created Head and Shoulder pattern at strong resistance area. And a massive sell rally break the neckline of HnS pattern. any successful retest of broken level will be nice option to sell.
if the sell pressure continues, the next target could be the back to lows at 157 region.
What you guys think of this idea ?
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Strifor || XAUUSD-10/27/2023Preferred direction: Neutral
Comment: Gold is also on balance at 1981.683, foreshadowing future gains. However, most likely this is more about the medium-term vision. In the shorter term, the instrument will maintain its presence in the balance sheet. there is an assumption of a slight increase, thereby leaving the balance, and then returning to it again.
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Strifor || USDJPY-10/27/2023Preferred direction: SELL
Comment: The climax at level 150 continues. The Japanese regulator is actively intervening in the market to support its currency. Because of this, trade is weakened. The general trend towards shorts continues, but this, as we said, is a gradual increase in shorts. The candlesticks formed on currency intervention are expected to approach the minimum soon.
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Strifor || EURUSD-10/27/2023Preferred direction: BUY
Comment: Trading continues at the level of 1.05700 for the currency pair. The probability of a fall remains and it is greater than assumptions about growth. Most likely, a false breakout will be formed upward at this level and after that the price will go down.
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Strifor || EURUSD-10/26/2023Preferred direction: SELL
Comment: Saving the ECB rate at its previous value was not a surprise; the market reacted calmly, but statistics from the United States, which exceeded all expectations, on the contrary, forced the market to move. Against this background, the euro continues to weaken, and technically, the strength of the US dollar can also be seen.
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Daily Wave Rider - EURJPY - BUYEURJPY
Channel: GREEN
WK Pivot: GREEN
AOB: EMA10
CON: SBB
BUY Stop: 158.970
Stop Loss: 158.398
TP01: 159.542
TP02: 160.686
DWR present as a buy setup on 26 OCT, with Channel and Pivot are green bouncing off EMA1-
However, trade is not taken/considered
SPX500: SELL
DXY: BUY
OIL: BUY
GOLD: BUY
TradePlus-Fx|EURUSD: seller liquidation💬 Description: The currency pair stood at the level of 1.06745 , which is resistance at the moment. In addition, a lot of interest has recently accumulated at this level, which has been distributed downward. The significance of this current price area is great.
I assume that the instrument will come into balance at this level to accumulate positions and "eating" away volumes in the past. Thus, we calculate a rollback to the level of 1.06350 . You can enter from this level, but be prepared to re-enter if your stop-loss is triggered. It's best to build up the pose gradually. The purpose of growth will be to eliminate sellers who now want to trade in the direction of the trend. The level that buyers will strive to reach is 1.07500.
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EURJPY: BoJ continues to buy bonds irregularly to restrain the rOn October 24, the Bank of Japan announced its fifth extraordinary purchase of government bonds since adjusting its yield curve control program at the end of July.
Despite these efforts, Japan`s 10-year bond yield continued to hit new highs this month, adding to the global stock market decline.
"However, there is still speculation about the Bank of Japan's policy adjustments, making it difficult to recommend bond purchases. "
The Bank of Japan's ultra-easy policy also contributed to the yen's depreciation, making it the weakest G10 currency this year.
TradePlus-Fx|EURUSD: new plan💬 Description: The evening trading idea for the Euro has undergone some changes, and now it is probably best to look at selling again. Pressing towards the daily support level of 1.05194 will most likely implement sellers’ immediate plans to eliminate buyers’ stop losses, which are located below this level. There is a good target ahead for implementing the expected downward movement, namely the support area at the level of 1.04400.
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EURJPY to find support at previous resistance?EURJPY - 24h expiry
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
We are trading at overbought extremes.
A lower correction is expected.
Short term bias has turned positive.
We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
We look to Buy at 158.95 (stop at 158.45)
Our profit targets will be 160.15 and 160.65
Resistance: 161.25 / 162.00 / 163.10
Support: 158.60 / 157.70 / 157.05
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EURJPY: Time to Buy 🇪🇺🇯🇵
EURJPY broke a solid horizontal resistance.
Retesting the broken structure, the price formed a tiny horizontal range on a 4h time frame.
Its resistance breakout is an important sign of strength of the buyers.
A bullish movement is expected to 159.4 / 159.7 levels now.
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Strifor || GBPUSD-10/23/2023Preferred direction: Neutral
Comment: The pound is also taking advantage of the momentary weakness in the dollar and is recovering slightly against this background. The price will most likely reach the level of 1.22370, at which we will most likely have to wait for the short entry point again. However, the second scenario is also not excluded, in which the level will be broken upward. But even in this case, the priority of sales is stronger, thus we can assume the formation of a false breakout and the resumption of the fall in the direction of the medium-term trend.
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Strifor || EURUSD-10/23/2023Preferred direction: Neutral
Comment: The US dollar started the week with a correction and against this background, competitors began to grow. Special attention, as always, to the Euro. Here the price will approach the level of 1.06318 in the very near future. There's an obstacle waiting for buyers there. As you can see, the medium-term trend remains bearish. Therefore, for now, at the level of 1.06318 one can presumably expect a potential entry into shorts.
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TradePlus-Fx|EURUSD: mixed success💬 Description: The dollar , after all, retains the initiative in the market, but its competitors also have mixed success. We will designate this as a success, since intraday movements in favor of competitors are quite significant and for a trader this is a potentially good profit.
At the moment, the instrument is creeping up again to the level of 1.05194, which acts as support. Short-term trades, as always, are considered in both directions. Regarding longer-term trades, we can most likely expect the price to go to 1.06350 in the very near future. At this level, there is a significant number of sellers’ stop losses; against this background, one can expect an upward impulse. Most likely this will be a false breakout, but we will know for sure a little later.
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EURJPY Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
EURJPY Analysis to trade from this zones.{25/12/2022}Educational Analysis says EURJPY may go SHORT. According to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why SHORT?
On the 1HR timeframe, the pair is making LOWER HIGH AND LOWER LOWS.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS
PRICE WILL RANGE (FROM 124 - 148) IN THIS ONLY IF THE COMING DAYS GO NORMAL WITHOUT ANY BAD NEWS INTERRUPTION HAPPENING.
HOW TO TAKE ENTRY ON THIS?
In 15 min timeframe, the pair changes its character and the price push toward also couple breaks the primary structure
JPYXJPYX is still in this downwards ranging market, we can see in the regression channel how we are are contracting in a sense on a higher frame. Now we seem to have created this triangle consolidation, with these gradual lower highs and this sturdy support forming underneath. We could look to trade a breakout of this pattern, this could be either up or down at this point so it is something to watch in the next trading days.
✅TS ❕ EURJPY: strong resistance✅✅ EURJPY is moving near resistance.
Price is trying to break resistance with less force.
We believe that the chart will start to decline. ✅
🚀 SELL scenario: short to 144.983 🚀
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