EURJPY → Bulls consolidate gains- The EUR/JPY is seen at 159.40 with 0.30% losses.
- The cross rallied 1.30% on Wednesday, towards 160.00, it highest since the beginning of December.
- Daily chart indicators reveal a stagnant yet optimistic RSI and a leveled-off MACD histogram, hinting at a steady buying momentum.
- Charts suggest bullish control overall despite consolidation in four-hour chart indicators.
Eurjpyanalysis
EURJPY I Potential Pivot to Downside from Resistance Welcome back! Let me know your thoughts in the comments!
** EURJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
EURJPY - Long opportunity ✅Hello traders!
‼️ This is my perspective on EURJPY.
Technical analysis: We can see here that price changed the character and started to form higher lows and higher highs, so I look for a long position. I want price to make a retracement to fill the imbalance lower and then to reject from bullish order block.
Like, comment and subscribe to be in touch with my content!
EURJPY: Japanese yen suffers big loss due to doubts about Bank o
Asian trading volumes on Monday were slightly affected by the Japanese holiday. The yen rose 0.1% after falling to nearly 145 yen to the dollar on Friday.
The earthquake that hit central Japan also caused the Japanese currency to suffer its worst weekly decline since late 2022. Post-disaster economic stimulus and recovery measures could delay the Bank of Japan's plans to start tightening its ultra-easy monetary policy, which is expected to put strong pressure on the yen.
The current focus is on Tokyo's December CPI inflation data, which is often used as an indicator of national inflation in Japan.
EURJPY H2 / LOOKING FOR A SHORT TRADE OPPORTUNITY 📉Hello Traders!
This is my idea related to EURJPY H2. I see a retracement from the resistance level of the channel and also a small retracement (15M - 30M), to close the imbalance and to react from OB. Now I see a good opportunity to execute a short trade until the price of 155.800.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
____________________________________
Follow, like, and comment to see my content:
www.tradingview.com
EURJPY H4 / TRADE ANALYSIS, LONG OPPORTUNITY 📈 Hello Traders!
This is my idea related to EURJPY H4. I expect a retracement until the resistance level at the price of 154.000 and after that a Bullish move until the price of 158.400.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
____________________________________
Follow, like, and comment to see my content:
www.tradingview.com
DeGRAM | EURJPY double testEURJPY is testing the resistance. It tested the resistance twice.
It created a false breakout of the level at 158.500.
Price movement is gaining momentum on 1-hourly timeframe, and we might see a sharp bearish move.
We expect a pullback and bearish move since it printed the pinbar at resistance.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
DeGRAM | EURJPY opportunity to shortEURJPY tested the upper border of the descending channel.
The market fell below the 157.500 resistance level, which is essentially a false breakout.
Price action is printing lower lows and lower closes, indicating a bearish trend on the 4-hourly chart.
We expect a bearish move, breaking through the ascending channel.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
EURJPY : Long Trade , 4hHello traders, we want to check the EURJPY chart. The price is moving in an ascending channel and has pulled back to the indicated key level. If the price cannot break this level and stabilize itself above this level, we expect it to maintain its upward trend and grow up to the price of 159,000. Good luck.
EURJPY Looking BearishEURJPY recently displayed a break in both the trend line and the support zone, followed by a subsequent pullback to the established zone. Despite encountering some market fluctuations, current indications suggest a potential downturn towards the specified level. Your thoughts and comments on this analysis carry significant value and are greatly appreciated. If you have any insights to share regarding the anticipated future movements of EURJPY, please feel free to contribute. Your input plays a crucial role in enhancing the overall understanding of the market dynamics for this currency pair.
EURJPY: MUFG CEO: BoJ may eliminate negative interest rate policMitsubishi UFJ Financial Group (MUFG) President Hiroki Kamezawa stated in an interview with Japanese media outlet Asahi Shimbun:
The BoJ is gradually achieving its price target and wage hike
"This is only a matter of time."
The negative interest rate policy could be eliminated as early as 2024 due to positive developments in wages and prices. This policy has put pressure on the businesses of financial institutions because it reduces the profit margins they can earn on lending.
MUFG is Japan's largest financial group and the world's second largest bank holding company.
EURJPY - Short active ✅Hello traders!
‼️ This is my perspective on EURJPY.
Technical analysis: Here we can see that price filled firstly daily imbalance and now started to form lower lows and lower highs, so I am bearish. As well we can see that price mitigated bearish order block and rejected from it.
Like, comment and subscribe to be in touch with my content!
EUR/JPY at crucial level, big move incomingHello traders and the entire tradingview community! EUR/JPY is currently
in a squeeze. The squeeze is getting narrower, which means there will be
a big movement very soon.
Whether the move happens to the upside or downside depends on the price
action around the 100-hour moving average.
If you see a strong bullish candlestick that breaks above the 157.20 level, we
can expect a bullish move. However, if we see a strongly bearish candle around
the 157 level, expect price to drift lower and reach the 153 level again.
EURJPY - Look for a short ✅Hello traders!
‼️ This is my perspective on EURJPY.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to make a retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 161.000.
Like, comment and subscribe to be in touch with my content!
EURJPY → Interim support now comes at 158.60FX:EURJPY accelerates its losses and puts the 159.00 support to the test at the beginning of the week.
The continuation of the downward bias appears on the cards for the time being. Against that, the 100-day SMA at 158.62 is expected to offer temporary contention prior to the October low of 154.34 (October 3).
So far, the longer term positive outlook for the cross appears favoured while above the 200-day SMA at 153.71.
EURJPY top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.