Get started

Eurjpytrade

EURJPY Trade Setup(confirm)EURJPY been making step movements for last couple of days in upward momentum. This analysis is intraday for long term holders ans now at point 120.032 eurjpy has strong supports as you can see in H1,H4 time frame.According to the upcoming fundamentals EUR should be again high with steps movement like corrective momentum. EURJPY still is on my watch list and now again making steps movement towards buy direction .The recent price action had a really strong bullish move up from previous history as if you see in the monthly time frame the last month EUR had fallen and made wick .The larger continuation correction on the high time frame is developing further, and we see price continues to go up towards the top of the technical structure, hitting a recent double tops. for further details you can ask us directly
by TradingSwirls
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
EURJPY| Meeting The Emperor at 122.00 Checkmate Floor| 6thJuly20EURJPY has been seeing the downtrend over the years. Like no other currencies, EURJPY has given the birth of an uptrend against the Japanese Yen. Towards all other currencies, Yen seeing their currencies weaken all over the market traded. This given the opportunity to other currency pair to strengthen. 2020 is the year where we all witness the weakness of the Yen. As i watched the over the counter, the opportunity has been spotted this week. I am very optimistic about the EURJPY and I am very sure the price will move to the 122.00. Checkmate the price over the target. I am taking profit cycle by cycle. Good luck. If you would like to trade with me live trade and love seeing this post, dont forget to subscribe to my coaching package. Thank you. Regards, Zezu Zaza 2048
Long
by Zezu_Zaza