EURJPY HEAD AND SHOULDERS BREAKOUT SHORTWe expect further downside on this pair, signalled by the formation head and shoulders pattern breakout. We can also see the breakout of a short-term trendline and key level supports our directional basis
Eurjpyshort
EURJPY SELLWelcome . My analysis of the EURJpy pair on the four-hour frame. Everything is explained in the analysis. Please comment if there is ambiguity in the analysis. Or you didn't understand anything. I will be happy to respond. Good luck everyone
Potential double top in EUR/JPY, sell if the resistance holdsHello traders, I am observing the 4H chart in EUR/JPY and I have noticed a potential
sell opportunity. This could be a potential double top on the 4H chart.
So, if the resistance zone holds, traders can consider selling EURJPY@164.88-165
with TP at 163.65 Note that, the sell condition will be valid only if the resistance
zone highlighted in the chart remains unbroken.
EURJPY LAST BULLISH STRETCHEURJPY looking to move up one last time before a potential bear run. Soon to rise up to 166.00.
Chart is self-explanatory.
EURJPY SELL | Day Trading AnalysisHello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity EURJPY
I still did my best and this is the most likely count for me at the moment.
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EURJPY Analysis (12th April 2024)
Market Analysis PT2/2 (12th April 2024)
EURJPY Analysis
On the 4 hour timeframe, price action has created a a nice support and resistance of about 40 pips wide. This tells us that price on EJ is currently consolidating.
There are 2 potential scenarios here:
1) Price pushes higher, breaking through the 4 hour resistance, and retesting it before going higher. I am leaning towards a bullish Bias due to how the higher timeframe on the weekly and daily is also bullish.
2) IF price decided to break the support, i will wait until the over all Daily Orderblock fails, before looking for potential Sells.
Inflation Deflator Prints 30m Sell Signal for $EURJPYThe price is currently retesting 30m supply zone after a hard drop off Inflation Deflator sell signal. Price may retest purple trendline, but strong 4h supply zone above should hold (green box). We should get a drop soon down to green line. 1:1 RR
EURJPY - Long active ✅Hello traders!
‼️ This is my perspective on EURJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I expect bullish price action from here as there is a confluence of rejection from bullish order block + FIBO 0.618 level + institutional big figure 164.000.
Fundamental news: Tomorrow we will see result of Interest Rate in Europe, followed by ECB Press Conference, news with high impact on currency.
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EUR/JPY minor short(4/9/2024)Today, the EUR/JPY price rose in the early morning, and right now the price made a good rejection from the 165.1 zone.
this rejection could lead to further downward movement after a short retracement.
Our technical view has been shown in the chart.
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Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
EURJPY - Mar. 6th, 2024BUY/LONG ZONE (GREEN): 161.550 - 166.700
DO NOT TRADE/DNT ZONE (WHITE): 159.750 - 161.550
SELL/SHORT ZONE (RED): 155.710 - 159.750
Monthly: Bullish
Weekly: Bullish
Daily: Bullish
4H: Bullish
Previous bearish trend has been labeled along with the DNT area and the initial bullish zone that price broke into to flip the trend. Currently price is onto the next bullish zone and structure is holding well in step up patterns. Price has already tested 163.450 twice on the daily, looking for 4h structure to develop back as bullish and test a third time, or for price to pullback down to the 161.900 level at the top of the zone. It would be more risky if price pulls back to 161.900 level as this would be the second test (daily timeframe) after the 4h price had confirmed it as bullish.
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
EURJPY CLEAR MITIGATION BLOCK!Prices are forming mitigation block on the 4-hour chart, and I expect prices to fall.
EURJPY to find resistance at the current market level?EURJPY - 24h expiry
We are trading at overbought extremes.
Our short term bias remains negative.
This is negative for sentiment and the downtrend has potential to return.
We look to sell rallies.
Weekly pivot is at 163.55.
We look to Sell at 163.55 (stop at 164.05)
Our profit targets will be 162.65 and 162.45
Resistance: 164.30 / 167.35 / 168.95
Support: 161.90 / 160.00 / 158.70
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.
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EURJPY 4H Chart Mitigation Block!A clear mitigation block occurred, and a pullback followed. We can expect prices to fall.
EUR-JPY - WEEKLY - Reversal from here?EUR-JPY - WEEKLY - Reversal from here?
I still reaming neutral bullish for EUR-JPY , i'l became bearish when we will see the first cut rate from ECB.
EURJPY 515 PIPS SHORT TRADE READ DISCRIPTION
1. **Bearish Setup and Reversal**: EUR/JPY is showing signs of a bearish setup and potential reversal. A fresh supply zone has been identified between 162.957 and 163.457, where investors, institutions, big players, and hedge funds are anticipated to initiate short trades in bulk. This zone serves as a significant area of resistance, suggesting a potential reversal in the pair's price movement.
2. **COT Data Analysis**: The Commitments of Traders (COT) data indicates a substantial bearish sentiment, with 443,000 short positions and only 180,000 long positions. This data suggests a significant imbalance in favor of short positions, reinforcing the potential for downward pressure on EUR/JPY.
3. **Trader Sentiments**: Trader sentiments show a strong bias towards shorts, with 78% of traders holding short positions and only 22% holding long positions. This sentiment aligns with the bearish outlook indicated by the COT data.
4. **Fundamental Analysis**: The fundamental analysis suggests that the Japanese yen is weakening after the Bank of Japan (BOJ) adopted a dovish tone, signaling expectations for further weakness. This news is likely to impact EUR/JPY negatively, supporting a bearish bias.
5. **Technical Analysis Indicators**: All trading indicators are signaling a strong sell sentiment, further supporting the bearish outlook for EUR/JPY.
6. **Trade Parameters**:
- Risk-to-Reward Ratio: The risk-to-reward ratio for this trade setup is 24.73, indicating a potentially favorable risk-reward profile.
- Take Profit Levels (TPs): Three take profit levels have been identified and marked with yellow horizontal lines. These levels provide traders with opportunities to scale out of their positions as the price moves in the desired direction.
- Profit Target: The overall profit target for this trade is set at 515 pips, representing a significant potential profit.
In conclusion, the technical, fundamental, and sentiment analysis collectively suggest a strong bearish outlook for EUR/JPY. The identified supply zone, coupled with the overwhelmingly bearish sentiment and supportive fundamental factors, presents a compelling opportunity for short trades. Traders should closely monitor the trade, adjusting their positions based on market dynamics and adhering to risk management principles.
EURJPY - Potential long ✅Hello traders!
‼️ This is my perspective on EURJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long position. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block.
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EURJPY SELL SIGNAL Reversal tradeI have followed CHFJPY pair since jan 2nd you can check for the analysis at the time, never got an entry did not enter. Missed the entry for chfjpy yesterday so i just entered on eurjpy pair
Eurjpy has been in a very exhausted uptrend and currently every signal shows that its going down now.
Let me know what you think about this trade signal and leave a follow and boost if you love this sort of content
EUR JPY TRADE SET UP EUR JPY has formed a double top at the weekly resistance level
The market has broken out of the neckline, we need to see a retest before looking for entry short.
eurjpy analysis. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
EURJPY ShortMARKET PHASE
OANDA:EURJPY is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour).
AREA OF VALUE
Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses) above the corrective structure swing highs. Price violently moved up to trigger the buy stops (liquidity) to pair against the sell orders needed to take price down. Price has started it's initial move down but due to the velocity of the downward move, it's gapped some orders around 162.374. Price is likely to retrace to this level before continuing downwards.
TRADE
I will be entering short on OANDA:EURJPY with the following parameters:
Sell Limit: 162.374
Stop Loss: 162.589
Take Profit: 161.943
EUR / JPY !! SELL NOW resistance zone ⭐️ Smart investment, Strong finance
⭐️ EUR/ JPY INFORMATION:
The price touched the long-term resistance zone H4, overbought. There is no important economic news on EURJPY, setting up a SELL signal
⭐️ SET UP EUR/ JPY PRICE:
🔥SELL zone: 163.450 - 163.600 SL 164.000
TP1: 163.100
TP2: 162.800
TP3: 162.500
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
EURJPY H1 / EXPECTING A SHORT MOVE AFTER FVG RETRACEMENT ✅Hello Traders!
This is my forecast for EURJPY H1. I see a perfect structure for a short trade as the price closed fully one FVG and I expect it to close part of the second FVG after going bearish.
Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the comments. I welcome the opportunity to hear your perspectives.
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EURJPY SWING SHORTEURJPY has so much room to fall as we are right at the resistance. Target is around 152.00
