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Eurjpyforecast

EJ Analysis 29/09/2020We are currently trading in a 15 pip range. If we break resistance, and form support on lower timeframes, buys could be valid up to the next form of resistance as there is a 15 pip range to target, however I have highlighted a zone we need to watch with caution as it is a previous rejection area. This is why I would prefer sells, we have a much cleaner 18 pip range to fill with no barriers. So if we close below support, and form resistance on lower timeframes, sells would be a solid option.
by mcrhf_fx
EJ Analysis 28/09/2020We are currently trading in a 15 pip range. I will not be trading in the range as it is too small. If we break above resistance and form a support on lower timeframes, I would look to execute buys up to the next resistance, I would look to secure positions at the first two buy targets highlighted on the chart as those are rejections areas. There is clean traffic to the downside if we manage to break through support and form a resistance on the lower timeframes I would look to take potential sells as there is a decent sized range to fill.
by mcrhf_fx
EURJPY tend to move further downside,support levels are broken⚡️ The price felled below the 50% Fibonacci and 123.00 key psychological level ⚡️ And the previous price action level was broken and felled below the support level ⚡️ Risk sentiment is remain negative and in Asian session it has make a long bearish candle in 1hr timeframe ⚡️ The price is well below the 03 EMA's and the Ichimoku cloud is pointing towards south ⚡️ RSI is felled below the 50 level reaching towards 30 we can expect minor rebound from this level but EURPY is trading in a downtrend ⚡️ At current level we can see a clear bearish structure. ⚡️ At 11.30 GMT ECB president Miss.Lagarde going to deliver a speech we are expecting that ECB will make a concern about recent appreciation of EURO. And the worrying about recent surge in corona virus ⚡️ The next key resistance level would be 121.00 and a potential level for trend reversal ⚡️ In Elliot wave principal The second wave i already completed and The 3rd wave is underway Pivot points-H4 R3 123.25 R2 123.07 R1 122.75 PP 122.57 S1 122.25 S2 122.07 S3 121.75 Please give us a thumbs up if u like our work and do follow us so that you can get a regular update about upcoming setups and ideas
Short
by forexorbit
EURJPY - Outlook 28 Sept 2020 - Sell biased medium termHi all traders, This is a video analysis for eurjpy which i have done for all my followers. As always, i have warn some of the levels within eurjpy, do take note of it. If you have any questions, please do leave a comment so that i will try my best to answer you. ****Follow me on tradingview for more future video analysis**** ****Like and share with all your friends so that they can be kept updated of any future video analysis**** Cheers , thanks and trade safe as always!!!
Short
by FxTradingWarrior
EURJPY LONGThe monthly and weekly chart has shown a w formation that has been mad. On both charts, price has now reached the previous area of resistance and is now acting as support. I am expecting price to reject the area and rise to the 124.200 area, however, because on the daily and 4hr chart price is consolidating, I will wait for a breakout as confirmation. The weekly shows price has rejected support; however, if price moves downwards, my target will be the 120.000 area. Let me know what you think.
Long
by Akz21
EURJPY NEW ANALYSIS!Hi Traders, here is the full UPDATED Analysis / Breakdown for EURJPY. HIT THAT LIKE AND FOLLOW BUTTON! A like & a Follow or comment is a Free way to Show your support! Conditions - 1.Wait for confirmation(Wait For Price Action Confirmation / Market Environment Change ) 2 .Use Risk Management (Risk 1% of your capital) 3.Do your Own analysis! 4.Follow for more Analysis like this! Your Support is Appreciated! See You in the next Educational Video / Analysis #likeandfollow
Short
by Global_Fx
EURJPY, 1hr tf, sell below the kumo cloudHello everyone, this week i got some positions hit SL as the market going a bit sideways on higher timeframe. I am gonna try this lower tf setup and play with quick trade for a moment. For today, i found EURJPY fulfilled all the conditions needed to take a sell position. Now i am waiting for it to retrace a bit to 125.40 before selling it for a better RR ratio. Sell EURJPY 125.40 Stop loss 125.85 Take profit 1 @124.95 Take profit 2 @124.50 RR ratio is 1:2 Use only 1-2% risk Good luck
Short
by HayatoDragonFX
EURJPY - sell biased Hi all traders/followers of my tradingview. This is another trade idea i have for you guys! Hope it can help you all in your journey to get some money. Do take note for this trade setup. If price break above the trend line strongly, this idea is invalidated. Hopefully all goes well. Follow me on tradingview. Like and share this trading idea to all your friends. **Disclaimer: All trade ideas are of my own personal views.** Cheers everyone and have a nice day!
Short
by FxTradingWarrior
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