EURJPY Reached SBR Monthly ?EURJPY swing movement
confirmation :
1. Price at monthly SBR Area
2. MN Supply area
3. Fibo fav lvl 23.6 & 38.2 ( H4,D1,W1,MN)
4. HNS at H4 TF
Eurjpy!
EURJPY TRADE IDEA / DAY TRADE / SHORTThis is trade idea for EURJPY Day Trade
-Sell around FVG according to the confirmation that will occur.
-Possible bearish price movement towards the support.
-Risk Reward 1:2
EURJPY Buyers In Panic! SELL!
My dear followers,
This is my opinion on the EURJPY next move:
The asset is approaching an important pivot point 157.76
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 156.86
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
TradePlus-Fx|EURUSD: intraday sell💬Description: Today, the market began to actively recover against the US dollar . Some instruments have already passed their ADR . However, it is very unlikely that this trend will continue throughout the day. A move in favor of the dollar is very likely.
Against this background, a small short on EURUSD is expected towards the level of 1.05194 , where, within the framework of a retest of the level, market participants will once again be able to verify the authenticity of the local recovery against the dollar.
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EURJPYEJ has been ranging for a while. Anticipating it to take out buyside then take out sellside liquidity or to the 157.066 before continuation upwards.
EURJPY Potential UpsidesHey Traders, in tomorrow’s trading session we are monitoring EURJPY for a buying opportunity around 157.500 zone, EURJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 157.500 support and resistance area.
Trade safe, Joe.
EURJPY Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
✅EUR_JPY SHORT FROM RESISTANCE🔥
✅EUR_JPY went up to retest a horizontal resistance level of 158.500
Which makes me locally bearish biased
And I think that a move down
From the level is to be expected
Towards the target below at 157.631
SHORT🔥
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EUR/JPY BEARS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
EUR/JPY pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 157.254 area.
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Strifor || USDJPY-09/29/2023Preferred direction: Neutral
Comment: There is no need to expect shorts just yet, and most likely the best option would be to wait for the approach to level 150, from where one can gradually gain shorts. Entry into the sale of this currency pair is meant to be multi-level. In the medium term, before the fall, it will most likely exceed the level of 150. In this scenario, it is expected to gain shorts several times. In a more positive scenario, the pair will fall from the 150 level, but it should be noted that this is unlikely.
Thank you for like and share your views!
EURJPY Will Explode! BUY!
My dear friends,
My technical analysis for EURJPY is below:
The market is trading on 157.53 pivot level.
Bias -Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 158.13
Recommended Stop Loss - 157.19
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
Range-bound EUR/JPY: Is Distribution in Play?A few days back I discussed UsdJpy, saying that even though there is a high divergence between FED's and BoJ's policy, at the same point the pair could reverse hard.
In EurJpy's case, however, things are not exactly the same and technically, we even have strong signs of topping.
Looking at the h4 posted chart we could see that for a month and a half now the pair is in a range and in fact, it looks like pressing down so it could be in fact, distribution.
That being said, as long as 158.50 is intact, I looking to sell rallies in anticipation of a break under support.
As for the target, 153 is a pretty reasonable one if we have a genuine break
Strifor || EURUSD-09/27/2023Preferred direction: Neutral
Comment: The currency pair worked out the previous short scenario perfectly and at the moment all transaction goals have been achieved. At the moment, the price will move on, and it would be best to take a break and watch the market. In the near future, a rollback to the level of 1.05700 is expected, from where we will consider potential entry points.
Thank you for like and share your views!
EURJPY; Trade what you see, not what you think!(It is time to start a fresh EURJPY post - once again -, the previous one(s) having grown too long to remain practical.)
The Weekly - With special attention to the two, most recent Hammers;
The Daily - With it's completed H&S, including the neckline break;
(All the visible patterns were also updated on these charts due to some earlier inaccuracies - misalignment - which snuck onto the previous versions of these charts - mostly on the higher time frames.)
Actively looking for a SHORT Entry here! (if not Short, yet.)
Eur/Jpy Selling on the back of EUR weaknessQ1-2023. High energy costs and elevated inflation are increasingly weighing on Eurozone
real household disposable incomes, even if overall inflation pressures are not as broad-based as in some other major economies. In addition, disruptions to energy imports
from Russia (oil and natural gas, both planned and unplanned) have the potential to
further elevate energy prices or weigh more directly on production. To be sure, the
starting point for Eurozone finances is quite sound, with nominal income growth largely
keeping pace with inflation and the household saving rate still high by historical
standards. But, as those supportive household finances begin to wane over time, we
believe consumer spending will increasingly come under pressure. In addition,
manufacturing activity could be impacted more directly by energy disruptions, and ta;ls
pf U.S. recession could also weigh on the Eurozone economy.
This could also force buyers into safe havens such as JPY, hence why we chose EURJPY to
short.
Sell Now: 138.990
TP: 137.260
Sl: 140.053 (110pips)
EURJPY - UPDATE Previous trade hit my SL due it being tight and price deciding to form another structure. But we go again at the break of this bearish flag.
EUR/JPY Short Opportunity - SeptemberGood setup, price made a LL and LH with bearish pinbar. This was a feast day so was off trading for the day.
EURJPY - SHORTPrice broke out of an ascending channel and stucked in one place for 6-8 hours after the drop. If price breaks the correction, I'm anticipating it to continue dropping.
EURJPY Ready for a Descent?The EUR/JPY continues to depreciate for the tenth consecutive day, with resistance at 158.17 and proximity to the Ichimoku Cloud (Kumo) suggesting potential downside risks. Currently trading at 157.60 (-0.19%), the Euro is weak due to recessive prospects in the Eurozone. The ECB is maintaining steady rates, following the Fed's approach of keeping rates higher for a longer period. This, combined with concerns about possible Japanese intervention in the Forex market that could strengthen the yen, keeps traders on hold. In the daily chart, the EUR/JPY shows a sideways trend with key resistance at 158.17 and potential targets at 158.65 and 159.00. In the hourly chart, lower highs are evident, suggesting a bearish outlook, awaiting a low below 157.03. The first support is at 157.48, followed by 157.11 and 157.03, while resistance is at 157.69, 157.79, and 158.00. The expectation remains bearish. Regards, Nicola, CEO of Forex48 Trading Academy.
EURJPY H4 |Bullish reversal off 78.6% fibo?Price could fall to our buy entry at 157.16, which is a swing low support level, aligning with the 78.6% fibo projection and slightly above the 78.6% fibo retracement. Our stop loss is at 156.63, which is a multi-swing low support level. Take profit is at 158.05, which is a multi-swing high resistance level.
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EURJPY H4 | Rising into pullback resistanceEURJPY could rise towards a pullback resistance and potentially reverse from here to drop lower towards our take profit target.
Entry: 158.500
Why we like it:
There is a pullback resistance level
Stop Loss: 159.000
Why we like it:
There is a level that aligns beyond the 127.2% Fibonacci extension level
Take Profit: 157.184
Why we like it:
There is a swing-low support level
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
