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Eurjpypa

EURJPY - Bears may continue lower, showing pressure on 131.685Here we are on Euro/Yen daily chart and as we can see this market had been pulled back near the resistance structure 131.685 hot sell area and now we can see on last daily session bears managed to show their pressure on that specific area and may move price lower from here with the momentum. We will be getting shorts in this market as we have confluence factors which are supporting our trade here such as trend, dynamic resistance layer, static resistance horizontal level and signal itself. safe trading!
by HashamARehman
EURJPY - are Bears eyeing on 127.71? Here we are on Eur/Yen Daily chart and as we can see this market has broken aggresively through the strong support area which is nearly at 131.68 and now it seems like bullish trend is going to reverse here so we will be looking for the pull back near this 127.71 area to look for sell price action signals. we have confluence factors here as dynamic layers is aligning with our over all scenario, we have static resistance level here, we may have new trend in play. Let's see how market reacts on that level. safe trading!
by HashamARehman
EURJPY - are bulls ready to continue their track from 134.4?Here we are on Euro/Yen daily chart and as we can see this market is trending higher and we have seen in recent weeks that this market is giving bullish opportunity on pull backs. Again we have the same scenario here. This market has printed Bullish tailed bar in lined with good confluence factors such as Bullish trend, Static horizontal (new) support, 50 ema dynamic support layer and lastly Tailed bar itself. we may getting longs from here. Well! let's see how market unfold from here. good trading!
Long
by HashamARehman
EURJPY -Bulls are showing their cards on range resistance 134.40Here we are on Euro/Yen weekly chart and as we can see this market is in bullish trend and as we discussed in our previous analysis that this market was being in range bounded area for long period and now market has been clearly broken upside. On weekly chart price action is telling us the story of bulls as on last week closing they manage to false break that range resistance which is now acting as new support 134.40 forming long tailed pin bar. we have good confluence factors supporting our trade scenario such as Bullish trend, Ema dynamic support layer, horizontal (static) support and tailed bar buy signal itself. we will be getting in long from the near by level. safe trading!
Long
by HashamARehman
EURJPY is rejecting important support barrier 131.685 once againHere we are on Euro/Yen daily chart and as we can see this market had shown many rejection on the important support barrier 131.685 and today it has rejected the same support level along with the false breaking pin bar which is in progress. we would wait for the daily session close and be interested to get longs from this signal. we have trend, level and this signal (which is in formation) to play as confluence factors behind our trade setup. good trading!
Long
by HashamARehman
6
EURJPY, Bulls eye on 136.68 as they closed above 134.40 Here we are on Euro/Yen daily chart and as we can see this market has been played in range for almost 31 days and on last NY session close (20th dec 2017) bulls had managed to closed it above this range boundary / key resistance which is nearly at 134.40. As we can see on weekly chart as well that the next area 136.68 is very obvious key level where bulls may take price to as new targets. We will be waiting with patience to see how this market reacts in coming weeks and we will be interested in any weakness on this resistance boundary to print bullish price action signals for us to get in longs.
by HashamARehman