Get started

Eurjpytrade

EURJPY - Exciting SELL opportunity with big potential! 🔻As shown on the charts by multi-timeframe analysis, from weekly down to daily and hourly, we can establish a clear bearish bias for EURJPY. Noteworthy observations: - the liquidity pool on weekly timeframe is very obvious and price will eventually go for it, so I keep that in mind. - untested hammer head on daily timeframe is also very obvious and it usually acts as a magnet for price. Depending on how aggressive you want to be with this trade if it works out, entry could be a price action confirmation signal near the buy zone or a sell limit order. I will closely observe the price action near the first target and make a decision whether to close my trade there or adjust my stop loss to the second target. If I have a strong bias that price is ready to make a run on the liquidity pool, I may re-enter the trade after exiting.
Short
by TradingEdgeHQ
EURJPY short idea While I think that the Yen has topped, there is always the possibility of another massive leg up but at a much later time. So what I'm going to do is to long it on one of the weakest pair around, with the EUR getting weaker on many fronts after the recent big move. Seeing many wicks to liquidate early shorters and shake out the tree before the eventual move lower. The red line is the stop loss, and I'm pretty sure that we could see some wicks there just in case, so consider placing a limit there if you think it is too early. The 2x Green lines are the TPs.
Short
by PurpleGoat
EURJPY SELLWelcome back guys, so Basically we are all set for the New week trading, and let’s always learn to trade Carefully and also patiently wait for confirmation before entry into any trade. So we Would be looking To Sell EURJPY before we expect A massive Buy Confirmation So I would be Explaining this Analysis to you guys. We are Expecting a Sell at Zone 141.282 that’s my 0.61 Fib Lvl totally we are expecting a 169 pips sell if It’s breaks Zone 140.471 then out tp Reversal Zone would be 139.597 That’s our Buy Zone Confirmation. Sell EURJPY SL: 141.547 TP:139.597 If you like this Analysis pls Hit the Thumbs up icon and also drop a Comment on what you also think about this analysis Thanks Guys y’all are the best let’s get this money together. Good luck.
Short
by GoCrazyfx0
#EURJPY- LONG EXPECTING CLEAN MOVE-Due to weaker DXY, JPY dominated the last few days, price have dropped significantly, however. expecting bullish pattern to occur on DXY and that will help JPY pairs to fill up the liquidity voided area. -As it described on the chart that price may come down to 137.60 region to retest that area and then bounce from there, however, it may not come down to that region and just continue the bullish momentum from today's close. -Long term view on EURJPY is bearish, in our opinion price have significantly shown bullish impulse and has taken price to an extreme and exhausted level, longer term it should come down to 130. -What you all think?
Long
by Setupsfx_
20
Short In EURJPY As we seen in EURJPY the market is forming rising wedge pattern which indicates that the market will come down and I have shown you in the chart that two lines which i have drawn in the chart that clearly indicates that the pattern which I have mentioned in RISING WEDGE. We have to take trade in when the candle will break the below line and that should be of strong selling then we have to enter on the trade and then we have to put the Stop Loss at the 139.525 and we have to keep of the 137.782 and we have to mention the risk to reward ration of 5:1. Thanks and best of luck for your trade.
Short
by SATYAM980052
1
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW ⚠️ EUR DATA OUTLOOK IN THIS WEEK ⛔️ ZEW ECONOMIC SENTIMENT DATA, a very important DATA for the EURO, is scheduled to be released on Tuesday. Also, GERMANY CPI DATA is scheduled to be released. Be careful about that DATA. ⛔️ EUR CPI DATA to be released on Wednesday. Depending on the nature of that DATA, it will definitely affect the EURO on Friday's speech by the ECB PRESIDENT. CPI DATA POSITIVE WILL IMPACT EURO VERY STRONGLY. ⛔️ The ECB PRESIDENT is scheduled to deliver two speeches on Thursday and Friday. Pay attention to it. ⛔️ Pay attention to what he says about EURO INFLATION and INTEREST RATES. You can get SHORT TERM ENTRIES. If those COMMENTS are POSITIVE, they will definitely affect the EURO in a POSITIVE way. ⛔️ Also keep an eye on GERMANY PPI DATA on Friday with CPI DATA and ECB PRESIDENT's speech likely. ⚠️ JPY DATA OUTLOOK IN THIS WEEK. ⛔️ PPI DATA is scheduled to be released on Monday. It will provide some support for the BOJ MEETING on Wednesday. ⛔️ Very important for JPY on Wednesday this week. The BOJ MONETARY POLICY STATEMENT is scheduled to be released. There you should pay attention to whether there is any mention of whether the BOJ is coming out of NEGATIVE INTEREST DATA. ⛔️ CORE CPI Y/Y DATA TO JPY TO BE RELEASED ON FRIDAY. If the BOJ OUTLOOK becomes POSITIVE and the DATA supports it, the JPY may go up slightly for that day. 🔰 Most likely, the PRICE can fall to the 135 LEVEL. After that, the PRICE can move up to 143 LEVEL. 🔰
by benny_marshall
1
The EURJPY tends towards the positivity – AnalysisDespite the EURJPY pair’s recent weak trades, attempted to provide additional pressures on the moving average 55 at 142.10 showing the chances of resuming the bullish attack in the near term and medium term period. Since the price surpassed the current obstacle and closed positively above it, it confirms moving to the next correctional station, to expect achieving many gains that might start at 142.60 and 143.30 levels.
Long
by eltonmorningstar
1
The EURJPY ends the decline – AnalysisThe EURJPY pair hinted getting rid of the domination of the bearish bias by forming correctional bullish rally, to surpass 138.80 barrier and achieve some gains by touching 140.75 level. I notice that stochastic begins to provide the positive momentum, while I assure the importance of monitoring the price now and wait to surpass 140.95 to avoid any sideways fluctuation, to target new positive stations that might start at 141.55 and 142.20.
Long
by eltonmorningstar