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Eur-jpy

EURJPY looking up 🦐EURJPY on the 4h chart after a few test of the daily support at the 140 level started a love to the upside. The price attempt a few times the break of the structure at the round nu,ber level without any success and after the last impulse the market retraced at the 0.382 Fibonacci level and is currently trading below a minor resistance area. How can i approach this scenario? I will wait for the EU market open and IF the market will break above i will set a nice long order according to the Plancton's strategy.
by InkyGrip
18
EURJPY Sell signal confirmedThe EURJPY pair is about to touch the Rising Resistance that emerged on the February 28th High. It is supported by a Rising Support trend line and the MA100 (4h). Trading Plan: 1. Sell after the price breaks under the Rising Support. Targets: 1. 142.550 (Support Zone 1). Tips: 1. The RSI (4h) has made a Double Top on the 1.5 month Resistance. If it closes under its MA line, then we have an additional sell signal. 2. The MA100 (4h) has also supported the price during the February-March rise. When broken, the downtrend started. Please like, follow and comment!!
Short
by TradingBrokersView
7
EURJPY Potential downsidesHey Traders, in the coming week we are monitoring EUJPY for a selling opportunity around 145 zone, EURJPY is trading in a downtrend and now seems to be in a correction phase in which it is approaching the major trend around 145 resistance zone. i would also like to consider EURJPY shorts for a potential JPY strength as it's considered a classic safe haven in time of uncertainty in the market. Feel free to ask any question in the comment section. Trade safe, Joe.
Short
by JoeChampion
2
EURJPY to stall at current swing high?EURJPY - 24h expiry - We look to Sell at 145.55 (stop at 146.20) Buying pressure from 143.62 resulted in prices rejecting the dip. The current move higher is expected to continue. Daily signals for sentiment are at overbought extremes. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. We look to sell rallies. Although the anticipated move lower is corrective, it does offer ample risk/reward today. Our profit targets will be 143.70 and 142.90 Resistance: 146.05 / 148.40 / 151.40 Support: 142.90 / 141.60 / 140.00 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
Joe Gun2Head Trade - Still below the downtrend on the dailyTrade Idea: Selling EURJPY Reasoning: Still below the downtrend on the daily Entry Level: 144.659 Take Profit Level: 142.39 Stop Loss: 145.42 Risk/Reward: 3.2:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Short
by Signal_Centre
EURJPY 2nd April 15min setup here for EURJPY we moved into our supply with clear bullish momentum and created a new swing range to the upside so iam looking for a new shift to take us higher and out of the current range we are in, if we don't react at demand shown at the base of our swing we will look for a bearish setup to give us that reversal that we had marked from last week, now of course how we open up this week will give us a better idea of what we can expect for this setup! We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
Long
by PipSurfingSociety
EURJPY Breakout and Potential retraceHey Traders, in the coming week we are monitoring EURJPY for a selling opportunity around 144.8 zone, EURJPY was trading in an uptrend and successfully managed to break it out and now seems to be in a correction phase, if we get decent pullbacks i will consider a retrace of the trend around 144.8 resistance zone. i would also consider the trade due to potential JPY strength that is expected with the major change expectations with BoJ in term of monetary policy. Trade safe, Joe.
Short
by JoeChampion
17
EURJPY Potential DownsidesHey Traders, in today's trading session we are monitoring EURJPY for a selling opportunity around 142.6 zone, EURJPY is trading in a downtrend and extending pullbacks seems to be approaching the major trend at 142.6 support and resistance zone. in case we get a good rejection i would set 193.4 as a target as it's considered the next major support zone EURJPY will be facing. JPY could be bought first of all as it's considered a safe haven with banking sector crisis and secondly market is expecting major changes from BoJ in term of Monetary Policy. Trade safe, Joe.
Short
by JoeChampion
13
EURJPY 27TH marchOn our EUR/JPY chart, I am expecting the breakdown of the higher time frame structure to persist, resulting in an overall reversal of price. Last week, the euro index weakened after being in an uptrend, while the Japanese yen has been performing well for several weeks. This could create an opportunity for a short trade setup for this currency pair. I will be closely monitoring the areas of supply to determine if there is any significant reaction. If there is, we will take short positions, aiming for our recently formed swing low. We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading
Short
by PipSurfingSociety
EURJPY at crucial support.EURJPY - 24h expiry - We look to Buy at 139.55 (stop at 138.60) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. We are trading at oversold extremes. This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher. The hourly chart technicals suggests further downside before the uptrend returns. Previous support located at 139.55. Our profit targets will be 142.30 and 144.20 Resistance: 141.60 / 142.90 / 144.20 Support: 140.00 / 137.40 / 133.40 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
EURJPY Potential downsidesHey Traders, in today's trading session we are monitoring EURJPY for a selling opportunity around 141.3 zone. JPY continues to be the favored currency for the time being as it's considered a safe haven with current environment and in time of uncertainty. Technically we have noticed the EURJPY is in a correction phase and it seems to be approaching the trend at 141.3 support and resistance zone. once the rejection is confirmed i would set 138.2 as a target since it's considered the next major support EURJPY will be facing. Trade safe, Joe.
Short
by JoeChampion
9
EURJPY Potential downsidesHey Traders, JPY is expected to see major changes in interest rate policy. expectations are rising as Japan didn't changed its policies for a long time since now and considering that JPY is also considered a safe haven in this type of environment where there is incertainty then investors tend to buy it. Technically we have noticed that JPY is rejecting an important supply and demand zone at 144.400. Feel free to ask any question in the comment section. Trade safe, Joe.
Short
by JoeChampion
12
EURJPY: Bottom of the Channel Down. Buy opportunity.The EURJPY pair is bearish on its 4H technicals (RSI = 36.770, MACD = -0.190, ADX = 17.605) near the bottom of the 10 day Channel Down. The RSI is also inside a Channel Down but has more strength to lose before hitting its bottom. We may see a little more downside to it but on a 1 week horizon this is a buy opportunity (TP = 144.350) aimed at the top of the Channel Down. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope