EUR JPYThis is my setup for E J, let's see if this support will hold, I've placed a buy limit order. Trade carefully!
Remember: Take some profits if the trade is going as planned and move your SL to entry.
Eur-jpy
EURJPY are you rdy ?🧨😉currency pairs EURJPY
At the moment, we can see a good entry point for this currency pair to open the trade up and buy.
The entry point is $151.503, the stop loss point $151.200 can be good and we can see two targets to profit from this currency pair: $159.628 and $168.451
We have to wait for confirmation.
EURJPY: Excellent sell opportunity.EURJPY is approaching the top of the one year Channel Up pattern with the 1D time frame on strong bullish technicals (RSI = 63.669, MACD = 1.080, ADX = 24.666). Once the 1D RSI breaks the 70.000 overbought level again, it will be the most optimal sell entry on a seven month basis (previous one on October 21st 2022). It is already a strong sell opportunity and we are taking a long term sell position, targeting the bottom of the Channel Up (TP = 142.000).
Prior idea:
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EURJPY to see another stem dip?EURJPY - 24h expiry
A Doji style candle has been posted from the high.
We are trading at overbought extremes.
A lower correction is expected.
The bias is still for higher levels and we look for any dips to be limited.
We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
We look to Buy at 149.05 (stop at 148.65)
Our profit targets will be 150.05 and 150.25
Resistance: 151.40 / 152.95 / 155.20
Support: 148.40 / 146.05 / 144.20
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.
Eur/Jpy Long Idea
EURJPY currently has a score of +4, or a Buy rating after adding up all categories. First, let's look at what institutional traders are buying/selling. We can see that theEUR has a long percentage of 78.31%, and we see that the JPY has a long percentage of 23.83%. This category receives a +2, as institutional traders favor the EUR.
Taking a look at EURJPY, we see that retail traders are 22% long, and 78% short. We consider this information most useful when a market is at an extreme reading from retail traders. If the retail crowd is 60% or more positioned to one side, we get a +1 or -1. Currently, theEURJPY gets a reading of +1 in this category. Remember, if the retail crowd is very long, we will look to short, and vice versa.
Taking a look at seasonality, we get a score of +1. What this tells us is that based on historical data, this market tends to rise during this month.
Trend reading is based on the daily chart, using the 5, 8, and 21 Exponential Moving Average. The more 'aligned' they are, the stronger the trend up or down. In this case, we have a score of +2.
Finally, let's look at fundamentals. GDP growth favors the JPY, inflation favors the JPY, unemployment favors the JPY and interest rates favor the EUR
EURJPY - Looking For Sell Setups ⬇️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
EURJPY is approaching a strong daily resistance and round number 150.0 , so we will be looking for sell setups on lower timeframes.
EURJPY is forming a head and shoulders pattern, but it is not ready to go yet.
🏹 For the bears to take over , we need a momentum candle close below the orange neckline.
Meanwhile, until the sell is activated, EURJPY can still trade higher and even break the resistance upward.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EURJPY Potential DownsidesHey Traders, in today's trading session we are monitoring EURJPY for a selling opportunity around 150.1 zone, EURJPY was trading in an uptrend and successfully managed to break it out and currently EURJPY is in a correction phase in which it is approaching the retrace are at 150.1 support and resistance zone.
Trade safe, Joe.
EUR/JPY BUYDear followers,
This pairs is in the uptrend from 11th May.
Look at the chart we seea bunch of candle express many short order
If this pair expect reject its support, price of EUR/JPY will reach resistance H4 151.200.
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EUR/JPYThe head and shoulder pattern looks diagonal and the downtrend is expected to continue.
StopLoss:149
Short:146.98
Target:143.02
Please share your comments with me.
EURJPY Potential DownsidesHey Traders, in today's trading session we are monitoring EURJPY for a selling opportunity around 148.7 zone, EURJPY was trading in an uptrend and successfully managed to break it out, currently EURJPY is in a correction phase in which it is approaching the retrace area in which we will be watching a potential rejection from the resistance.
Trade safe, Joe.
EJ potential reversal at key S
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EURJPY to break higher?EURJPY - 24h expiry
Buying pressure from 147.88 resulted in prices rejecting the dip.
The current move higher is expected to continue.
This is positive for sentiment and the uptrend has potential to return.
Previous resistance located at 149.27.
Further upside is expected, however, due to the strong resistance above we prefer to buy a break of 149.27, which will confirm the bullish sentiment.
We look to Buy a break of 149.28 (stop at 148.68)
Our profit targets will be 150.78 and 151.08
Resistance: 151.40 / 152.95 / 155.20
Support: 146.05 / 144.20 / 142.90
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.
eur/jpy sell setuphello traders eurjpy is in a key resistance we might get a reversal we wait 4hr candle to close to conform price movement i will post the tp area after we get the breakout let me know what you think
EURJPY Potential Downsides Hey Traders, in today's trading session we are monitoring EURJPY for a selling opportunity around 148.200 zone, EURJPY was trading in an uptrend and successfully managed to break it out. Currently EURJPY is in a correction phase so we will be watching a potential retrace of the trend from 148.200 supply and demand zone towards more lows as JPY is considered a safe haven in this type of environment.
Trade safe, Joe.
EURJPY to find support at previous swing high?EURJPY - 24h expiry
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
This is positive for sentiment and the uptrend has the potential to return.
The hourly chart technicals suggest further downside before the uptrend returns.
The bias is still for higher levels and we look for any dips to be limited.
We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
We look to Buy at 148.65 (stop at 148.10)
Our profit targets will be 149.95 and 150.25
Resistance: 151.40 / 152.95 / 155.20
Support: 148.40 / 146.05 / 144.20
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.
EURJPY can make a new recent high 🦐EURJPY on the 4h chart after our previous analysis (link below) reached the daily resistance.
The price still looks bullish and shows us a distribution phase before a new test of the upper structure.
According to Plancton's strategy IF the price will break above we can look for a nice long order.
Joe G2H Trade: Selling EURJPY againTrade Idea: Selling EURJPY
Reasoning: Major resistance on the daily chart, swing failure?
Entry Level: 147.616
Take Profit Level: 146.28
Stop Loss: 148.04
Risk/Reward: 3.08/1
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.
EURJPY Pull-back has started.The EURJPY pair appears to have completed the latest Higher High within its 1 year Channel Up, slightly above the 148.400 High of October 21 2022. That has completed the buy signal we gave on February 16:
The 1D RSI almost hit the 70.00 overbought barrier and the last 3 times it did, the price pulled-back to at least the 0.5 Fibonacci retracement level. That is currently a little under 144.000 and that is our short-term Target.
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Joe G2H Trade - EURJPY swing failure on the daily?Trade Idea: Selling EURJPY
Reasoning: Major resistance on the daily chart, swing failure?
Entry Level: 147.90
Take Profit Level: 146.41
Stop Loss: 148.66
Risk/Reward: 2.08/1
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.
EURJPYBullish on the Euro against the Yen. Sentiment shows a short bias by the crowd while CoT shows Smart money in favour of the Euro over the Yen.
EURJPY: Pull-back expected. Buy on the 1D MA50.The EURJPY pair has hit the 147.750 Resistance after a strong rally that started a month ago at the bottom of the 1 year Channel Up. The key 1D technicals are firmly bullish (RSI = 65.143, MACD = 1.070, ADX = 55.694) suggesting a strong green trend but as the price is approaching the HH trendline, the greater the probability becomes for a 1D MA50 pullback. This is in line with the previous two bullish waves to the top of the Channel Up.
Consequently, we expect a pull-back here or slightly higher and will be looking to buy on the 1D MA50. The target can be quite high but we will settle with a TP = 150.000.
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