Eurjpyforecast
EURJPY LongList of confluences:
1: Falling Wedge Breakout
2: Trendline Breakout
3: Key Level Breakout and Change in Market Structure
When looking at the larger time frames, we can see that EURJPY remains in a uptrend. We have also seen the market pull back which signalled a chance to
enter in the direction of the bigger picture trend. We have listed 3 reasons as to why we will be looking to Buy/Long the pair. We are expecting a potential
return of between 12.12 % to 24.24% at 1 - 2 % risk per trade.
EURJPY - 4H Short term Bearish ideaThe price faces move up due to three black crows and bearish divergence.
EURJPY - Retracement to bullish orderblock ✅Hello traders!
⁉️This is my analysis on EURJPY .
Here we are in a bullish market structure, so I am looking only for longs. I expect price to make a retracement after rejecting from institutional big figure 147.000. I am looking for a long position from bullish orderblock 142.000 or 139.500.
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EUR/JPY Long Trade UpdateHey Guys!
The weekly bias on the Eur/Jpy for the last 3 weaks was long. Or in other words, price is likely to reach 145.63 before reaching 124.38.
However the bias's main target was hit this week, so the weekly bias is back to neutral.
In this post I explain the reasoning behind the long bias, as well as why I did not take the long entry.
That's it! I'll keep you guys updated!
Ken
Disclaimer: This is not Personal Financial Advice.
EURJPY top-down analysisHello 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
EURJPY Will Go Up!EUR-JPY broke a falling
Resistance lines which make me think
That after the pullback and retest
The price will go up
EURJPY R:R 1:6 Try to catch 600 PipsThis is for short term
And this is risky too.
Please DYOR before entering the trade.
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY
- EURJPY currently has an UPSIDE BIAS. With JPY WEAKNESS, XXXJPY CURRENCIES are being BUYED very fast right now. MARKET RISK is still being OFF. VIX IS DOWN, XXXJPY CURRENCIES BUY VERY FAST WITH JPY WEAKNESS. Maybe the EURJPY 147.69 LEVEL can be reached and BUY higher.. 147.69 is a very good resistance level..
- Some NEWS coming for the USD will help to weaken or strengthen the EURO. But in the future, if the RATE HIKE SENTIMENT is PRICED by the ECB, EURO may be BUY more. For that, the support of EURO STOCKS and VIX must be received. We have no more confirmation that the EURO is likely to be WEAK. EURJPY can sell at 140.110 level before BUY.
EURJPY Next Possible MoveTechnical Analysis Chart Update
EUR / JPY ( Euro / Japanese Yen )
Time Frame - H4
BULLISH CHANNEL in Short Time Frame #STF
Symmetrical Triangle in Long Time Frame #LTF and Rejecting from the Lower Trend Line #LTL
It is Following Corrective waves " ABC "
It can Follow Some Bullish moves till its Demand Zone at Fibonacci Level - 61.80%
EURJPY Will it fall?This is for short term
Always place yor order where you place stoploss.
Wait for manipulation at the Equal High and Low Areas.
Please DYOR before entering the trade.
EURJPY ShortAccording to the higher timeframes (W,M), the price has been forming a rising channel / flag, which might be a major indication of a bearish momentum.
Also, according to the market sentiment, 65% of the traders are net short and the percentage is decreasing each week, suggesting many are shifting to the long term position of the price.
According to how I interpret this, then the price will have a bearish momentum, to move out of favour for the traders who are shifting to the bullish strategy.
My long term strategy is 134.3, and the next series of analysis will be to come up with entry positions using smaller timeframes.
EURJPY ! Back to again SWING HIGH ?, long trade ideaEURJPY get support at the 138.500 level. EURJPY is trading in a very important zone, Will the EURJPY fall below this level or Will EYRJPY continue to rise ?
EUR/JPY Long Trade UpdateHey Guys!
The current weekly bias on the Eur/Jpy is short. Or in other words, price is likely to reach 124.38 before reaching 145.63.
However, like I've been mentioning over the last couple months, the EurJpy has overarching long strength, thus I am waiting for
the weekly bias to revert back to long so I can take a long entry. As of today, there is a possibility that the weekly bias may go
back to long.
In this post I explain the reasoning behind the long entry and the possible confirmation of the weekly bias reverting back to long for the long entry.
That's it! I'll keep you guys updated!
Ken
Disclaimer: This is not Personal Financial Advice.
EURJPY Resistance Cluster!EUR-JPY is trading in a downtrend
And the pair is going up now
In a bullish correction
But after the price hits the
Resistance cluster at 142.141
I Expecting a move down
Towards the target below
EUR/JPY Long TradeHey Guys!
The current weekly bias on the Eur/Jpy is short. Or in other words, price is likely to reach 124.38 before reaching 145.63.
However, like I've been mentioning over the last couple months, the EurJpy has overarching long strength, thus I am waiting for
the weekly bias to revert back to long so I can take a long entry.
In this post I explain the reasoning behind the long entry as well as what I'll be looking for, for the long entry.
That's it! I'll keep you guys updated!
Ken
⁉️ EURJPY - Market AnalysisHello traders!
⁉️This is my analysis on EURJPY .
Here we are in a bullish market structure, so I am looking only for longs. I expect price to continue the retracement and then to reject from bullish orderblock + institutional big figure 137.000.
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EURJPY possible short for 141.1013th September daily inside bar. 14th September daily insurance bar. 20th September daily key reversal bar made a new high closed towards the low. supply zone for short 143.20-65. stop loss above 143.60 i.e 143.90. target: 141.10
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY
- There is currently a DOWNSIDE BIAS for EURJPY. With JPY being STRONG, XXXJPY CURRENCIES are selling very fast right now. MARKET RISK is still being OFF. EVEN IF VIX UP, XXXJPY CURRENCIES BUY VERY FAST WITH JPY WEAKNESS. Maybe EURJPY can reach 138.651 LEVEL and it has gone down.. 138.65 is a very good SUPPORT LEVEL..
- Some NEWS coming for the USD will help to weaken or strengthen the EURO. But in the future, if the RATE HIKE SENTIMENT is PRICED by the ECB, EURO may be BUY more. For that, the support of EURO STOCKS and VIX must be received.
- Anyway, the price can move to the area I mentioned and after that the EURJPY price can move back to the 147.692 LEVEL. For that, VIX should be DOWN and JPY should be WEAK.
Eurjpy bullish forecasteurjpy bullish trend .wait for retest demand zone .when market retest the demand zone we will bullish
EURJPY possible buy zone!!EURJPY 4H has formed a doji on the weekly timeframe. This market is long-term bullish and weekly doji has created another opportunity for buyers as prices currently rejecting weekly support. It is highly likely price will continue to rise and, with a higher low on the support level on 4H, a bullish trade is highly probable.
EURJPY more downsideRSI and Stochs confirm bearish rollover from overbought levels, bias is lower
Upside remains capped at 5-DMA, scope for dip till 21-EMA at 141.12.
EURJPY | Very Risky Scenario That Can Develop These DaysEURJPY | Very Risky Scenario That Can Develop These Days
In this chart I have presented a very risky scenario that can develop today and tomorrow
probably considering the time frame of the chart.
It is very risky as the trend is very bullish and this is going to be only a small correction
compared to the bigger picture.
I am not a big fun of selling XXXJPY pairs right now as the BOJ is actually not reacting at all
and that is not good.
The trading scenario is on the chart!
Thank you and Good Luck!
