Trade idea - EURJPY Long4H time frame
Deceleration box received at entry zone.
Instant market execution Buy.
1.5% risk.
Aiming to take full profit at Daily TP level.
Eurjpylong
EURJPY to find buyers at current swing low?EURJPY - 24h expiry
We are trading at oversold extremes.
This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher.
Preferred trade is to buy on dips.
The hourly chart technicals suggests further downside before the uptrend returns.
We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Although the anticipated move higher is corrective, it does offer ample risk/reward today.
We look to Buy at 162.20 (stop at 161.18)
Our profit targets will be 164.70 and 164.95
Resistance: 164.90 / 167.40 / 170.90
Support: 162.45 / 159.40 / 154.40
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.
EURJPY LONGI look to go long on this pair as higher TF are still very much active on the buy side. Good entry from anywhere around the current price will do with sl below the H1 formation. Fingers crossed
BUY EURJPYGood morning traders,
I'm sharing with you this trade you can take on EURJPY with the same TP/SL as mine.
Follow for more!
EUR JPY Trade Setup Daily TimeframeEUR JPY has broken through a major resistance level, which has now turned into a support level, forming break and retest pattern on the daily timeframe.
We’ll be looking for buy entries from the retest level. to get our entry, let’s scale down to lower timeframes to identify chart patterns and candlestick confirmations.
📉🔄📈
EURJPY BUY | Idea Trading AnalysisEURJPY is moving in an UP trend channel.
The chart broke through the dynamic Resistance line..
We expect a decline in the channel after testing the current level which suggests that the price will continue to rise
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity EURJPY
I still did my best and this is the most likely count for me at the moment.
-------------------
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
#EURJPY: 156 TO 166 A total of 1000+ pips emerging! Daer Traders,
We are witnessing a bullish reversal on EURJPY and that is why we think price is likely to continue going up. With possibility of price reaching towards a level of 166 which is a key level where we have fair value gap within the chart frame. good luck
Buy EUR/JPY Bullish FlagThe EUR/JPY pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Bullish Flag pattern. This suggests a shift in momentum towards the Upside in the coming Hours.
Key Points:
Buy Entry: Consider entering a Long position around the current price of 164.33, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 165.42
2nd Support – 166.05
Stop-Loss: To manage risk, place a stop-loss order below 163.70. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
EURJPY I Potential upside but caution around Yen Policy RateWelcome 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!Welcome back! Let me know your thoughts in the comments!
EUR JPY Entry Setup 2 Hour TimeframeOn the 2 hour timeframe, EURJPY has formed a bullish rectangle continuation pattern, followed by a strong breakout to the upside.
To confirm our entry, we need to wait for the price to pull back to the retest level, where we'll look for candlestick confirmations before entering a buy position.⏰
EUR JPY Trade Setup 4 Hour TimeframeOn the 4-hour timeframe, EUR JPY is pulling back for a retest of the broken resistance level, which has now turned into a new support level.
The pair continues to move in an uptrend, forming higher highs and higher lows while bouncing off a support trendline.
We will be looking for buy opportunities as the price tests this key support level.
EUR/JPY - Potential Buy Reentry H4 TFTechnical analysis based on Basic BBMA strategies( Bollinger Band and Moving Average). This is just a potential market projection where the market price can go. Trade wisely.
EUR/JPY Technical Analysis:(READ DESCRIPTION)EUR/JPY Technical Analysis: Upside Potential with Key Support at 162.53
Pivot Point: 162.53
The pivot at 162.53 is a crucial support level for EUR/JPY, acting as the foundation for potential upward movement. As long as the pair holds above this level, bullish momentum could take the price higher.
Our Preference: Long Positions
Recommended Trade:
Long positions are favored as long as the price remains above the 162.53 pivot point. This could lead to a significant move toward higher resistance levels.
Target Levels for Upside Movement:
First Target: 164.52
This is the main upside target where traders may aim to take profits or assess further bullish continuation.
Alternative Scenario: Downside Risks
If the price drops below 162.53:
Bearish Outlook:
First Target: 161.79
Second Target: 161.35
These levels serve as potential support zones if a bearish trend emerges.
Technical Insights:
RSI Indicator:
The RSI is above 50, signaling bullish momentum. This suggests that the price has potential to rise further as buying interest increases.
MACD Indicator:
The MACD is positive but below its signal line, indicating potential short-term retracement before the uptrend resumes.
Moving Averages:
The price is trading above both the 20-period and 50-period moving averages (163.03 and 162.76, respectively), reinforcing the bullish outlook.
EURJPY I Potential slight pullback and more growthWelcome 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!Welcome back! Let me know your thoughts in the comments!
EURJPY Bullish Bat pattern: Forecasting an Upside moveHello traders,
A number of harmonic patterns are surfacing today. Here is my analysis of a clear bullish Bat pattern spotted on the EURJPY Pair. The Bullish Bat pattern is a harmonic pattern used in technical analysis to predict potential reversal zones. The EURJPY pair has formed this pattern with the following parameters:
X = 168.022
A = 170.293
B = 168.940
C = 169.976
D = 168.302
Here's the breakdown of the Fibonacci relationships for this pattern:
AB Leg: Retraces 38.2% to 50% of the XA leg. Point B at 168.940 confirms this.
BC Leg: Retraces 38.2% to 88.6% of the AB leg. Point C at 169.976 confirms this.
CD Leg: Extends 161.8% to 261.8% of the BC leg or retraces 88.6% of the XA leg. Point D at 168.302 confirms this and is close to the 88.6% retracement of the XA leg.
In summary, the points X, A, B, C, and D fit within the Fibonacci retracement and extension levels for a Bullish Bat pattern on EURJPY. This indicates a high probability of a bullish reversal at point D (168.302), which also qualifies as a good support zone for price.
In addition, my Elliott Wave analysis suggests the pair has completed the corrective wave ABC to the downside. I'm anticipating an impulsive move to the upside towards 169.70 and 170.31. Let's watch out for confirming price action.
Cheers and happy trading.
EURJPY WEEKLY ANALYSISIn this video i go over why I'm looking for longs on this pair after the closure that was bullish on the weekly timeframe and the structure on the 4hr timframe that signals buying strength
EUR/JPY "The Yuppy" Bank Money Heist Plan on Bullish SideHola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist EUR/JPY "The Yuppy" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 4H timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
EUR/JPY: Bullish trendline breakOn the daily chart, there is a clear break of a downtrend line with a confirmed weekly close above it - unlike during the liquidity grab where the price broke higher but then closed the week under the trendline.
This broken trendline and Friday’s low at 161 is now support. Should the price be able to break above the August peak, a next possible upside target is 167.5 (the 61.8% Fibonacci retracement of July-August drop.
But that’s just what we think, do you agree or disagree?
Send us a message and let us know
Happy Trading!
Jasper, WeTrade Market Analyst and Founder of Trading Writers.
EUR/JPY Made Double Bottom Pattern , Long Entry Valid ! We have a very good reversal pattern here and we have a daily closure above our neckline so we can buy it with 200 pips with retest to neckline .
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EUR/JPY Falling Wedge Breakout: Potential Bullish ReversalThe EUR/JPY pair has broken out of a falling wedge pattern, signaling a potential bullish reversal. This classic technical setup often indicates a shift in momentum, with buyers gaining strength. Traders may look for upside targets as the pair continues its upward move post-breakout.
Emerging Bullish Cypher on EURJPY Signals Rally ContinuationHello Traders,
Below is my short-term outlook of EURJPY.
An emerging bullish Cypher pattern has been identified on EURJPY (M15 timeframe). This pattern signals a brief market correction, allowing new buyers to join the EURJPY rally. Completion of this pattern is expected around the 159.592–159.060 region, followed by a likely bullish continuation.
Price targets are 160.21, 160.762, and 161.660, with the outlook being invalidated if the price closes below 159.050.
Do let me have your take on this pair in the comment below.
Cheers and Happy Trading.
EURJPY | RETOUR VERS LE SUPPORT OU NOUVEAU SOMMET ?
💡 Contexte Général : Le marché de l'EURJPY montre actuellement une tendance haussière soutenue par un rebond sur un important support liquide. Les acheteurs sont actifs, mais des zones de résistance sont à surveiller pour une consolidation potentielle.
💡 Analyse technique : En H4, le prix a récemment touché la trendline baissière, ce qui a provoqué un rejet vers deux blocs de liquidité.
💡 Configuration Ichimoku : Actuellement, le prix est en dessus du nuage Ichimoku, ce qui laisse place à une possibilité de correction à court terme.
💡 Synthèse des Scénarios possibles :
- À la hausse : Un rebond sur les blocs H4 pourrait permettre de viser l'objectif de 163.897.
- À la baisse : En cas de cassure de la tendance haussière, une correction pourrait ramener le prix vers les blocs de support et potentiellement vers 155.168.
💡 Évènements à surveiller : Les annonces économiques liées à l'euro et au yen, ainsi que les mouvements sur les obligations japonaises, pourraient influencer la tendance.
⚠️ Attendez de bonnes confirmations bullish/bearish avant d’entrer en position.
Laissez un maximum de 🚀 pour soutenir l'analyse.
