Eur/Jpy

[vikas]

as what i can see in the hourly this pair is bulish end all in dicator confirm this up trend end in 4h the pair have close abouve the 103.75 o it confirm that will continue in up

[aniket]

If a M15 close above 103 buy only and do not sell. If price closes back below it again do nothing.

If a M15 close below 102 sell only and do not buy. If price closes back above it again do nothing

The range 103 and 102 is neutral area, any trade done in between is personal decision and not part of this analysis

[vikas]

the chart and as we can see on it is showing the pair has succeeded in closing it's daily candle above level 103.00 , and that's mean the up trend is still standing and the pair might head to 103.60 and then 103.90

[aniket]

a buy position has been successfully profit, we just liquidation, + 68, and one pending orders we move following the movements sma5 h4.

[vikas]

because of the moving under the level of 103.00 as we can see from the chart , I think the down trend is still standing and the pair might head to 102.65 and then 102.35 how ever the pair made any hourly correction

[aniket]

I bought EUR/JPY for the medium term - at least several days unless I get contradictory signals.

Reasons:
Bullish price action patterns on the daily chart. First a pin bar then a bullish engulfing bar
Price is crossing a small but still important pivot zone, the 115.00 area
The support on the daily chart at 113.50 is the bounce place. Multiple bottoms in this area = strong rejection.

[vikas]

It seems that the pair has stated it's trading week under the level of 104.00 and that's mean that the down trend is still standing and the pair might head to 103.30 and then 103.00 but also the pair will make some correction before continue down

[rajesh]

“Given the 3 wave structure from the low, I am leaning towards the bear side. Short term resistance comes in at 100.10

[vikas]

test this major psychological barrier before any consideration for a corrective bounce. Ultimately, a break back above 107.00 will now be required to officially alleviate short-term downside pressures.

[rajesh]

EUR/JPY engaged in choppy sideway trading above 108.01 short term bottom last week. Late recovery argues that the larger decline from 123.31 is not ready to resume yet and initial bias is neutral this week.