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Eurjpylong

#EURJPY 1DAYEURJPY (1D Timeframe) Analysis Market Structure: The price is currently trading near the support of a well-defined channel, indicating a potential buying opportunity. This support level has previously acted as a strong demand zone, suggesting that buyers may step in again to push the price higher. Forecast: A buy opportunity is expected if the price holds above the channel support, signaling a potential move toward higher levels within the channel. Key Levels to Watch: - Entry Zone: Near the channel support after confirmation of bullish signals. - Risk Management: - Stop Loss: Placed below the channel support or the recent swing low. - Take Profit: Target the midline or upper boundary of the channel for potential upside movement. Market Sentiment: As long as the price remains above the channel support, the bullish structure remains intact. Waiting for confirmation of a bounce ensures alignment with market momentum before entering a trade.
Long
by PIPSFIGHTER
EURJPY setbacks to be capped by a previous low?EURJPY - Intraday expiry Price action looks to be forming a bottom. 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. We look for a temporary move lower. Further upside is expected although we prefer to buy into dips close to the 160.90 level. We look to Buy at 160.60 (stop at 159.83) Our profit targets will be 163.58 and 164.10 Resistance: 162.00 / 163.80 / 166.70 Support: 160.55 / 159.10 / 157.05 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.
Long
by OANDA
2
EURJPY LongHi Everyone, Hope you're ok. Here is our signal for EURJPY. I hope that it brings profit for you all. We want the 15 minute candle to close above the entry, and then respect the entry. Then we will enter. RiskReward is essential. If you are blowing an account, only once, you are doing something wrong. Probably your lot size is too big. Take the time to learn. EURJPY Buy 🦇 📈Entry: 162.160 ⚠️SL: 160.435 ✔️TP1: 163.899 ✔️TP2: 165.902 ✔️TP3: 168.548 Happy trading hope you all make lovely profit. Drop me a like if you do. Best wishes
Long
by Elite_Trading_Signals
1
EURJPY - Short from bearish OB !!Hello traders! ‼️ This is my perspective on EURJPY. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I want price to go a little bit higher to fulfill the imbalance and then to reject from bearish OB. Fundamental news: On Friday (GMT+2) we will see results of Interest Rate in Japan, news with high impact on currency. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
EURJPY BUY | Potential Upsides | LONGEURJPY is moving in an UP trend channel. The chart broke through the dynamic Resistance line, which now acts as support. 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
Long
by TheGrove
5