EUR JPY (Euro / Japanese Yen) The Euro vs. the Japanese Yen. The Yen is a historically low-yielding currency, influencing traders to borrow cheaply in JPY to purchase higher-yielding currencies, including EUR. Because of this the pair is sensitive to broad-based market sentiment trend swings. The Japanese Yen is the national currency of Japan. The manufacturing and exporting of automobiles and electronics helps to make Japans economy the third largest in the world in Nominal GDP. The Yen is the third most traded currency in the foreign exchange markets behind the US dollar and the euro. USD/JPY is making a symmetrical triangle and trying to reach the upper line of the triangle. The trend will hit an upper trendline of the triangle by crossing the following level - -
Tradingview bitcoin jpyBTCUSD — Bitcoin Chart and Price — TradingView
Hi, Welcome to this analysis about Bitcoin, we are looking at the minute timeframe perspective. Since Bitcoin formed this significant bull-trap yesterday after moving above the level and pulling back to previous zones with an emerging impulse it is forming an interesting formation now that will be the determining source within the upcoming times, This is a quick short-term update on Bitcoin.
The price is close to the 4H MA50 and so far it has held three times on respective Higher Lows attempts. This is causing BTC to consolidate within a Triangle. Triangle's are common within the dominant medium-term pattern, which since late October is a Bullish Megaphone and I have analyzed this extensively numerous In this scenario, Bitcoin may have topped for the year.
What do yall think? Let me know how likely it is for Bitcoin to hit this kind of price action Happy Holidays!!! Hello everyone In my previous analysis even though I am bearish in bigger picture.. However in 1 hour time frame we could have a breakout that could lead to a new high Price stuck inside a triangle.. Price broken triangle but need to close above green line and same time Green line need to hold as support.. However XRP should stop dumping hard now, the news made it through the whole world, everybody who had to panic panicked already.
Technically we are seeing a diamond on BTC which is a bearish An impulse has been formed in the BTC from The price repels from the historical maximum and up to now we observe the completion of the correction formation.
In our opinion, the historical maximum in the region of will be broken through; at the moment local movements confirm this idea. At this stage the key level for Bitcoin is the area of The impulse movement returned price to the uptrend, the breakdown is likely to occur steadily with tests of the resistance level.
Generally, the probability is shifted towards overcoming of the historical high of We will continue monitoring the situation in its development. Altcoins: Growth Bitcoin had broken through the key resistance level of , and then, as it was expected, rushed to new heights.
Bitcoin is in the strongest bull movement since The impulse will be corrected in the future, but these signs are still missing. Signs of the beginning correction may appear during this week, we The movement is accompanied by small corrections but we did not expect a collapse. For more than a year now, the price has been moving in an upward channel.
There were crashes, but the trend Long term weekly view. Have a nice trade. I have initiated a short for this pair from today's session. Thanks for viewing!