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Eur-jpy

EURJPY potential for bounce | 5th Nov Price is trading in descending trend line and at buy entry price of 131.183 which is also 100% Fibonacci projection and 38.2% Fibonacci retracement. Price can potentially go to the take profit price of 132.368 which is also 127.2% Fibonacci projection. Ourbullish bias is supported by stochastic as it is trading on an ascending trendline. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by Rockqet
EURJPY on a round bottom retracement 🦐EURJPY on the 4h chart after the recent high retraced over a support. The price is in an accumulation phase and according to Plancton's strategy if the market will break above we can set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
10
EURJPY potential for dip | 3rd NovPrice is trading in a descending trendline and near the sell entry price of 132.391 which is 100% Fibonacci projection and 50% Fibonacci retracement. It can potentially dip to the take profit level of 130.889 which is 50% Fibonacci retracement. Our bearish bias is supported by the ichimoku cloud indicator as price is trading under it. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by Rockqet
EURJPY 4hour Analysis October 31st, 2021EURJPY Bullish Idea Weekly Trend: Bearish Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: We are also overall bullish on EJ with new structure formation. Only issue is we can see what seems to be an expanding pattern meaning price action is stuck in high volume consolidation. Ideally we want to wait for the pattern to break and in our favor of the trend. This means we will wait for a higher low to form above 132.700. Trade scenario 2:. It is likely price action will continue in this pattern for a while so look for strong reversals off our 132.700 resistance.
Long
by ForexLeague
EURJPY on a bull run 🦐EURJPY on the daily chart created a double bottom over daily support. The price bounce at a confluence point near to dynamic support over the 0.5 Fibonacci level with a string bullish impulse to the upside. The pair is now trading near to the previous recent high and we could see some consolidation and retracement before a possible break. According to Plancton's strategy if the market will break above the resistance and satisfy the ACADEMY rules we will set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
by InkyGrip
12
EURJPY 4hour Analysis October 24th, 2021EURJPY Bearish Idea Weekly Trend: Bearish Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: The daily timeframe is bullish but we can see clearly on the 4hour that price action is retracing and still needs to form structure before we look to higher targets. Ideally we see a higher low form near 131.300 which is a great confluence area. Trade scenario 2: If we see a break of 131.300 with a lower high below we can begin looking for short opportunities.
Long
by ForexLeague
EURJPY potential bullish continuation |22nd Oct 2021We can expect price to bounce at the pivot level in line with 23.6% Fibonacci retracement and graphical overlap support towards the take profit level in line with daily resistance and 100% Fibonacci projection . Our bullish bias is further supported by the price holding above the Ichimoku cloud and stochastic indicator where the %K line bounces off the support level . Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by FXCM
EURJPY potential bullish continuation |22nd Oct 2021We can expect price to bounce at the pivot level in line with 23.6% Fibonacci retracement and graphical overlap support towards the take profit level in line with daily resistance and 100% Fibonacci projection. Our bullish bias is further supported by the price holding above the Ichimoku cloud and stochastic indicator where the %K line bounces off the support level. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by Rockqet
Sell Signal for EurJpyHello, I'm looking to sell this trade after it breaks that HH that is on lower time frames. Last week there wasn't much for me to trade or that I felt sure so I took a break.. I did trade on AUDCAD for 50 pips in the last couple of days but decided to not post it. This has been super bullish for the past week I'm looking for this reversal but again I'm only going to enter if BOS occurs. This is a Trade that I'm looking to BUY or SELL: BUY/SELL: SELL ENTRY: EurJpy Lot size: 2-3% Stop Loss:133.500 (20Pips SL) TP1:132.900 TP2:132.540 TP3:(SWING) *Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. Past profits do not guarantee future results.***
Short
by ApxnLiving
EURJPY approacing pivot, potential for reversal | 20th OctPrice is trading near the graphical overlap resistance level of 133.651 and Fibonacci retracement of -27.2%. Price can potentially dip to the take profit level of 132.772 which is Fibonacci retracement of 50% and 78.6% Fibonacci projection . Our temporary bearish bias is supported by stochastic indicator where it is on resistance level . Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the websit
Short
by FXCM
1
EURJPY approacing pivot, potential for reversal | 20th OctPrice is trading near the graphical overlap resistance level of 133.651 and Fibonacci retracement of -27.2%. Price can potentially dip to the take profit level of 132.772 which is Fibonacci retracement of 50% and 78.6% Fibonacci projection. Our temporary bearish bias is supported by stochastic indicator where it is on resistance level. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the websit
Short
by Rockqet
EURJPY double bottom 🦐EURJPY on the daily chart created a double bottom over a daily support. The price is moving at a confluence point near to a dynamic support and according to Plancton's strategy if the market will break above the resistance we will set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
2
EURJPY 4hour Analysis October 17th, 2021EURJPY Bullish Idea Weekly Trend: Bearish Daily Trend: Bearish 4hour Trend: Bullish Trade scenario 1: Over extended seems to be the theme of the week and EJ is no different. The good thing here is that we appear to be finding resistance near 132.700, our new high. From here we’re looking for structure forming pullbacks. Ideally we can spot a reversal near support around 131.300 where we can spot some potential long entries. Trade scenario 2: For us to truly be bearish on EJ we would need to see an absolute break of support around 130.000 because price action can fall to 130.000, reverse and still be overall bullish.
Long
by ForexLeague