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Eurjpylong

*EURJPY Tend Analysis over H4 Chart.*Overall, EUR/JPY is trending downwards. Recently, EUR/JPY bounced up from the key level of 129. The German ifo Business Climate data (Actual: 96.5, Forecast: 96.8, Previous: 97.7) released yesterday indicated a slight decline in the level of optimism from the surveyed businesses on the business condition for the next 6 months. The European Central Bank (ECB) will be releasing the minutes for the recent monetary policy meeting later at 2030 (GMT+8). ECB President Lagarde will be speaking later at 2130 (GMT+8). During this time, there may be volatility in EUR. EUR/JPY’s next support zone is at 128.500 and the next resistance zone is at 130.000. Look for short-term buying opportunities of EUR/JPY.
Long
by james001harrison
EURJPY LONGEURJPY bounced from the support level on the Daily time frame, this was due to more lockdowns imposed as Covid-19 cases surge higher due to non-vaccinated people in Germany, However we expecting the pair to retest the key levels listed on the chart. We taking this trade based on technical analysis and price action. (1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL (2) USE YOUR STOP LOSS (3) DO NOT HOLD A LOSS FOR MORE THAN 2 DAYS Please use proper risk management depending on your account size, Use lot sizes based on these calculations. Here is a break down of your pip value in ZAR and Dollars 0, 01 = R1,43 / $0,10c 0. 05 = R 7,15 / $ 0.50 0.10 = R 14,3 / $1.00 1 Lot size = R 146,26 How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960) So, each time I open (1 Lot size, am exposing R2960 (Down payment) Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets. Please like and share for more useful content:
Long
by Pro-Trading-Africa
EURJPY BUY 400+ PIPS?!EURJPY has entered a daily orderblock and POI and we are showing signs of rejection. On my chart I have shown two trades, one with a shorter stop loss which allows us to get a better r:r. On the smaller sl trade i will be risking 1% On the larger sl trade i will be risking 2% Max exposure - 3% Potential take profit areas are shown through purple lines. DISCLAIMER: I am not a financial advisor and nor is this financial advice. Only risk what you can afford to lose. Trading live carries risk and you may make money or lose some or all of your capital. I am not liable for any gains or losses made
Long
by Turtlesoup_Maestro