EURJPY
EURJPY to find sellers at market price?EURJPY - 24h expiry
Buying pressure from 156.17 resulted in prices rejecting the dip.
The current move higher is expected to continue.
The bias is still for lower levels and we look for any gains to be limited.
We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Further downside is expected although we prefer to sell into rallies close to the 158.60 level.
We look to Sell at 158.60 (stop at 159.43)
Our profit targets will be 156.22 and 154.40
Resistance: 159.10 / 160.55 / 162.00
Support: 157.05 / 154.40 / 151.10
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 SUPPORT AHEAD|LONG|
✅EUR_JPY will be retesting a support level soon around 154.361
From where I am expecting a bullish reaction
With the price going up but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
LONG🚀
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EURJPY | 30M | TECHNICAL CHART |I have prepared a FX:EURJPY analysis for all of you. I have marked my target and stop-loss levels on the chart. Thanks to everyone who likes and supports my work. I work hard for you here and I will never give up on you.
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EURJPY I Potential retracement and more downside Welcome back! Let me know your thoughts in the comments!
** EURJPY Analysis - Listen to video!
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How to Trend Trade & Why I Avoid Trading Fridays & Mondays 👀👉 In this video, I take you through a detailed breakdown of my trend continuation strategy with the EURJPY. 🔍 We’ll explore key concepts like trend analysis, price action, and market structure, and I’ll share a simple yet highly effective method for identifying the best trade entry points. ✅ I’ll also explain why I choose to avoid trading on Mondays and Fridays and how this approach helps refine my trading discipline. ⚠️ Disclaimer: This video is for informational purposes only and is not financial advice. ⚠️
EUR/JPY BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
EUR/JPY pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 9H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 161.123 area.
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Bearish drop?EUR/JPY is rising towards the resistance level which is an overlap resistance that is slightly above the 23.6% Fibonacci retracement and could drop from this level to our take profit.
Entry: 160.72
Why we like it:
There is an overlap reistance level that is slightly above the 23.6% Fibonacci retracement.
Stop loss: 162.22
Why we like it:
There is an overlap resistance which is slightly above the 50% Fibonacci retracement.
Take profit: 158.73
Why we like it:
There is a pullback support level.
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Bullish bounce off pullback support?EUR/JPY is falling towards the pivot which has been identified as a pullback support and could bounce tot he 1st resistance which acts as an overlap resistance.
Pivot: 158.73
1st Support: 157.41
1st Resistance: 160.59
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Sell EUR/JPY Bearish ChannelThe EUR/JPY pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 161.15
Target Levels:
1st Support – 159.88
2nd Support – 158.91
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EUR/JPY Confirmation of trend reversalHi guys, today we are starting up with the currency pair of EUR / JPY , which had a significant drop today, with a follow up with a few bad economical data shown by the biggest economy in Europe : Germany, additionally the additional tensions generated from Israel earlier , ended up pushing the value of the yen up, hence the fact that it is still one of the looked after safe heaven currencies. Currently the EUR/JPY has reached a break of structure which it should revitalise and cover in the upcoming days.Additionally we see the lower levels of the Fibonacci and a total level of the RSI sitting currently at the level of 35 making it quite oversold.
Entry level at 160.500 with the following targets :
Target one : 161.053
Target two :161.767
Will update additionally when the targets have been achieved!
EURUSD - Do You Trade Gaps?Gaps can be powerful indicators for spotting potential price movements. They often represent areas where market orders overwhelm supply or demand, creating an imbalance.
In this chart, I’ve identified a clear gap (imbalance) on the EUR/USD 1-hour time frame, and I want to share my thoughts on how you can trade them effectively.
Why Gaps Matter:
Liquidity Zones: Gaps often act as magnets for price action. The market loves to "fill" these areas to rebalance orders.
Market Psychology: Gaps represent institutional activity where major players leave their footprint. Recognizing this can give you an edge.
Clear Risk Management: Gaps provide clear levels for stop-loss placement and entry zones, making your trade setups precise.
My Approach to This Gap:
Gap Identification:
On this EUR/USD chart, I spotted an imbalance near the 1.0433 area.
Confluence:
This gap aligns with my premium Fibonacci levels and is located in a significant bullish order block. This strengthens the validity of this setup.
Bias Confirmation:
After the gap formed, the price showed bullish intent, supporting my bias that the market could push higher to mitigate this imbalance zone.
How to Trade Gaps:
Be Patient: Wait for price to return to the gap area before entering trades. Impulsive entries can lead to unnecessary losses.
Combine with Structure: Always ensure gaps align with your broader trend and other technical tools (e.g., Fibonacci, BOS, CHoCH).
Risk Management: Use the gap edges to wdefine tight stop-loss levels and aim for a high reward-to-risk ratio.
Conclusion:
Gaps are not just empty spaces on the chart; they’re signals of what the market intends to do. In this case, if the price revisits the highlighted gap area, I’ll look for further bullish signs before entering a trade.
What are your thoughts on trading gaps? Have you used them in your strategy? Let me know in the comments below!
EUR-JPY Local Short! Sell!
Hello,Traders!
EUR-JPY went a bit but
A strong horizontal
Supply level of 162.500 will
Soon stand on its way up
And after the pair hits
The level we will be
Expecting a pullback
And a move down
Sell!
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EURJPY to continue in the downward move?EURJPY - 24h expiry
Buying pressure from 159.87 resulted in prices rejecting the dip.
The current move higher is expected to continue.
Short term bias has turned negative.
We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Further downside is expected although we prefer to sell into rallies close to the 162.85 level.
We look to Sell at 162.85 (stop at 164.05)
Our profit targets will be 159.85 and 154.40
Resistance: 162.45 / 164.90 / 167.40
Support: 159.40 / 154.40 / 151.40
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.
EUR/JPY - Trade idea dor the upcoming weekWhy did I choose this trade?
Trend Analysis and Bias:
-On the 4-hour (4H) chart, the price is in a downward correction but approaching a significant support area (Buy Zone) near 159.274, where I expect buyers to take control.
-My bias for the upcoming week is bullish, based on the overall market structure and key technical confirmations.
Key Structures and Confirmations:
-Break of Structure (BOS): The price has shown bullish strength by breaking key resistance levels multiple times in the past, confirming that buyers are dominant.
-Change of Character (CHoCH): After forming my Buy Zone, a clear CHoCH upwards occurred, providing another strong signal of buyer strength.
-Liquidity Grab: There is significant liquidity just above my Buy Zone, which has already been filled. This is another strong indication that the price could reverse upward from this zone.
-Fibonacci Confluence: I used the Fibonacci retracement tool to refine my Buy Zone. The Buy Zone aligns with the premium Fibonacci range, adding more confidence to the validity of this level.
Additionally, I always draw Fibonacci from an area of accumulation that leads to a break of structure. In this case, the accumulation area aligns perfectly with the Buy Zone, making it even stronger.
Volume and Imbalance:
The previous strong imbalance candle (IMB) shows that the market might retrace upward to fill this gap, further supporting my bullish outlook.
Psychological and Technical Levels:
The price is approaching the 159.000 level, a psychologically significant number that often acts as a magnet for buyers and sellers.
This level aligns closely with my Buy Zone, increasing the probability of a bullish reversal.
Trade Plan
Entry (Buy):
159.300, slightly above the Buy Zone, to capture the expected bullish reversal.
Stop Loss:
158.800, placed below the Buy Zone and the most recent swing low to avoid potential stop hunts.
Take Profit (TP):
TP1: 161.000 – The nearest resistance level, where price could encounter selling pressure.
TP2: 162.000 – A key resistance zone, ideal if bullish momentum continues strongly.
Why do I anticipate this move?
The Buy Zone is a strong support area, confirmed by Fibonacci confluence, bullish CHoCH, and prior liquidity being filled.
The Fibonacci is drawn from an accumulation zone that led to a structure break, further reinforcing the Buy Zone’s significance.
My bullish bias for the week aligns with these technical confirmations, suggesting that buyers will likely regain control at this level.
A combination of liquidity grab, CHoCH, BOS, and imbalance zones adds additional layers of confidence to this trade idea.
Disclaimer:
This is solely a trading idea based on my personal analysis, knowledge, and thought process. This is NOT financial advice. Please conduct your own research and implement proper risk management. Trading carries significant risks, and you should never risk more than you can afford to lose.
Tilen Safaric
EUR/JPY - Trade idea for the upcoming weekWhy did I choose this trade?
Trend Analysis and Bias:
-On the 4-hour (4H) chart, the price is in a downward correction but approaching a significant support area (Buy Zone) near 159.274, where I expect buyers to take control.
-My bias for the upcoming week is bullish, based on the overall market structure and key technical confirmations.
Key Structures and Confirmations:
-Break of Structure (BOS): The price has shown bullish strength by breaking key resistance levels multiple times in the past, confirming that buyers are dominant.
-Change of Character (CHoCH): After forming my Buy Zone, a clear CHoCH upwards occurred, providing another strong signal of buyer strength.
-Liquidity Grab: There is significant liquidity just above my Buy Zone, which has already been filled. This is another strong indication that the price could reverse upward from this zone.
-Fibonacci Confluence: I used the Fibonacci retracement tool to refine my Buy Zone. The Buy Zone aligns with the premium Fibonacci range, adding more confidence to the validity of this level.
Additionally, I always draw Fibonacci from an area of accumulation that leads to a break of structure. In this case, the accumulation area aligns perfectly with the Buy Zone, making it even stronger.
Volume and Imbalance:
The previous strong imbalance candle (IMB) shows that the market might retrace upward to fill this gap, further supporting my bullish outlook.
Psychological and Technical Levels:
The price is approaching the 159.000 level, a psychologically significant number that often acts as a magnet for buyers and sellers.
This level aligns closely with my Buy Zone, increasing the probability of a bullish reversal.
Trade Plan
Entry (Buy):
159.300, slightly above the Buy Zone, to capture the expected bullish reversal.
Stop Loss:
158.800, placed below the Buy Zone and the most recent swing low to avoid potential stop hunts.
Take Profit (TP):
TP1: 161.000 – The nearest resistance level, where price could encounter selling pressure.
TP2: 162.000 – A key resistance zone, ideal if bullish momentum continues strongly.
Why do I anticipate this move?
The Buy Zone is a strong support area, confirmed by Fibonacci confluence, bullish CHoCH, and prior liquidity being filled.
The Fibonacci is drawn from an accumulation zone that led to a structure break, further reinforcing the Buy Zone’s significance.
My bullish bias for the week aligns with these technical confirmations, suggesting that buyers will likely regain control at this level.
A combination of liquidity grab, CHoCH, BOS, and imbalance zones adds additional layers of confidence to this trade idea.
Disclaimer:
This is solely a trading idea based on my personal analysis, knowledge, and thought process. This is NOT financial advice. Please conduct your own research and implement proper risk management. Trading carries significant risks, and you should never risk more than you can afford to lose.
Tilen Safaric
EURJPY Pattern FormationThis price has been forming a rising flag for the past few years (according to monthly and weekly timeframes) and I do except that the price will continue with the bearish momentum to complete pattern.
An analysis will follow using a shorter time frame to know the entry position.
EUR/JPY BULLS ARE STRONG HERE|LONG
Hello, Friends!
EUR/JPY pair is in the downtrend because previous week’s candle is red, while the price is clearly falling on the 1H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 162.784 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely.
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