EURJPY top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Eurjpysignal
EURJPY - Short from bearish orderblock ✅Hello traders!
‼️ This is my analysis on EURJPY .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish orderblock + institutional big figure 145.000.
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EURJPY - Long active ✅Hello traders!
‼️ This is my analysis of EURJPY.
Here we are bullish from daily perspective, so I am looking for longs. I expect bullish price action from here as price rejected from bullish orderblock + institutional big figure 139.000.
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EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY
- Currently there is an UP SIDE BIAS for EURJPY. XXXJPY CURRENCIES BUYED VERY FAST IN THE PREVIOUS WEEKS WITH JPY WEAK AFTER THE INTERVENTION. Somehow it is being RECOVERED again. MARKET RISK is still ON. VIX is going DOWN, XXXJPY CURRENCIES SHOULD BE BUY FAST NOW.
- Some NEWS coming for the USD will help strengthen the EURO. Because the reason for that is because the NEWS related to USD is quite weak and USD has got a weak SENTIMENT. But in the future, if the RATE HIKE SENTIMENT is PRICED by the ECB, EURO may be BUY more. For that, the support of EURO STOCKS and VIX must be received. We have no more confirmation that the EURO is likely to be WEAK.
EURJPY can sell at 143.02 level before buying. After that you can BUY at 148.156 LEVEL. If the MAIN STRUCTURES BREAK anyway, EURJPY price can definitely be BUY at 147.137 LEVELS.
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY
- Currently there is an UP SIDE BIAS for EURJPY. XXXJPY CURRENCIES BUYED VERY FAST IN THE PREVIOUS WEEKS WITH JPY WEAK AFTER THE INTERVENTION. Somehow it is being RECOVERED again. MARKET RISK is still ON. VIX is going DOWN, XXXJPY CURRENCIES SHOULD BE BUY FAST NOW.
- Some NEWS coming for the USD will help strengthen the EURO. Because the reason for that is because the NEWS related to USD is quite weak and USD has got a weak SENTIMENT. But in the future, if the RATE HIKE SENTIMENT is PRICED by the ECB, EURO may be BUY more. For that, the support of EURO STOCKS and VIX must be received. We have no more confirmation that the EURO is likely to be WEAK.
EURJPY can sell at 142.544 level before BUY. After that you can BUY at 147.137 LEVEL. If the MAIN STRUCTURES BREAK anyway, EURJPY price can definitely be BUY at 147.137 LEVELS.
EURJPY - Bearish price action ✅Hello traders!
‼️ This is my analysis on EURJPY .
Here we are bearish from H1 timeframe perspective, so I am looking for shorts. I
missed the entry point, but I will look for a short if price makes a retracement.
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EURJPY in no mans landEURJPY is currently moving in what looks like a Bull Flag...
We need the price to break up and out of it before we have a strong bias.
The moving averages are all over the place and the RSI remains below 50 - bearish...
This is a classic neutral position where we need to wait for a decision.
DeGRAM | EURJPY test of the psychological levelEURJPY moved out of the descending channel .
The market is testing the psychological level 144.000 by making a pullback.
Price action is printing lower lows and lower close.
The trend is bearish , so the price is likely to test the support level .
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eurjpy -- trade with trend ! there is no choch till now
the low of the highest high
not broken yet
so, flow with the market ..
buy when the counter-trend is broken
sell if the price breaks the up trend.
that's it.
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don't forget your risk management
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