EURJPY I think we are long overdue for a nice big red weekly candle :)Euro / Japanese Yen forum
EURJPY I think we are long overdue for a nice big red weekly candle :)
EURJPY sitting at 80 pips with this trade!! join the next one Idea: EURJPY: Clean Rejection Off th…
EURJPY EURJPY SHORT DAILY FORECAST Q3 D11 W28 Y25
It’s Fun Coupon Friday! 💸🔥
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today! 👀
💡Here are some trade confluences📝
✅Daily Order block identified
✅4H Order Block identified
✅1H Order Block identified
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
EURJPY Its a fake candle. 171.15 should be close of this candle which will be a Doji Candle and from there we will see a slow but surely downfall.EURJPY Check the monthly chart . 172.00 is the highest in 2008 as well and it rejected it again. Now looking to enter buy at 170.00.But for now target is 170.96 and if someone wants to hold it for longer 170.10 is the target in coming week.
EURJPY Shorting it now. Target 170.96
EURJPY lets short this pair for good 👍EURJPY Still aiming for 170 area... from there we will see if the uptrend wants to continue, but given this huge push up, I wouldn't be surprised if we get a 300-400 pip correction from the top before we get a continuation of this bull trend.
EURJPY has been showing a strong bullish trend recently, hitting new year-to-date highs. This is largely driven by the divergence in central bank policies (ECB's higher interest rates compared to the Bank of Japan), and the ongoing weakness of the Japanese Yen due to factors like potential US trade tariffs on Japanese goods.However, several sources indicate that the Relative Strength Index (RSI) is in overbought territory, suggesting that a correction or consolidation might be due before further significant appreciation. Some technical resistance levels to watch are around 172.35 and 173.00, with support around 170.00.
EURJPY EURJPY SHORT DAILY FORECAST Q3 D10 W28 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today! 👀
💡Here are some trade confluences📝
✅Daily Order block identified
✅4H Order Block identified
✅1H Order Block identified
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
