EURJPY in a correction, after the correction we will see it dropping more. There is some liquidity (£££) that has to get taken, before we can continue to drop. Second, there is an Asia range that has to get filled. The Asia range is exactly at our OB. I will do a setup on a Lowe Time-frame when we are close to our OB. So stay tuned! What do you guys think...
The forecast for the EUR/JPY remains bearish after the reversal failed to gather steam. While the Kijun-sen remains flat, the Tenkan-sen extends its descend. The Ichimoku Kinko Hyo Cloud shows signs of increasing bearish pressures, suggesting more medium-term downside potential. Check the Links on BIO and If you LIKE this analysis, Please support our page by...
Alright so, you'll see I have two red zones drawn, I am bullish on this pair but I'm not sold on the idea it is ready to pump 150+ pips upwards yet. This is a riskier sell potential so it's best to wait for the confirmations. Right now a position is being built at 130.20. The question is...is this position going to be truly bullish or is it a manipulation move...
EURJPY is still looking bullish. Price has been stalling in a tight zone for quite a while and the next move could be explosive!
EURJPY has been in a smooth downtrend for a year. Price has recently formed a bearish flag pattern and is expected to last until it hits the QML level. In this video, I show a detailed explanation of past and current price action, and why you should consider going long on that pair.
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=117.75. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=118.55. TP4: R2=118.8. Set the stoploss of these orders at breakout of S2=117.5. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=120.75. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=121.4. TP4: R2=121.65. Set the stoploss of these orders at breakout of S2=120.2. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=120.75. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=121.4. TP4: R2=121.65. Set the stoploss of these orders at breakout of S2=120.2. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=122.45. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=123.1. TP4: R2=123.6. Set the stoploss of these orders at breakout of S2=122.1. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=122.45. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=123.1. TP4: R2=123.6. Set the stoploss of these orders at breakout of S2=122.1. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=125.85. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=126.3. TP4: R2=126.5. Set the stoploss of these orders at breakout of S2=125.65. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=125.85. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=126.3. TP4: R2=126.5. Set the stoploss of these orders at breakout of S2=125.65. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (125.85). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURJPY is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support....
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=123.8. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=124.55. TP4: R2=125. Set the stoploss of these orders at breakout of S2=123.65. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=125. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=124.25. TP4: S2=123.85. Set the stoploss of these orders at breakout of R2=125.2. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=125.5. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=124.4. TP4: S2=123.8. Set the stoploss of these orders at breakout of R2=125.7. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=125.2. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=125.85. TP4: R2=126.1. Set the stoploss of these orders at breakout of S2=124.95. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...