Eurjpytrade
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 that huge imbalance higher and then to reject from bearish orderblock + institutional big figure 145.000.
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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.
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.
EURJPY LongThe price reached its lower low, and I am anticipating that the price will continue with its bullish momentum. This is due to the clients' sentiment which now indicates that the majority of the traders are trading in bearish.
My entry position is 138.6, my SL is 137.4 and my target TP is 142.0
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.
Like, comment and subscribe to be in touch with my content!
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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EUR/JPY Long Trade UpdateHey guys!
Like I explained in the last update, a new weekly long trade formed this week. Thus the lower confirmations are reset at the moment.
From this point onward, I'll be watching for new lower confirmations to form to decide the weekly bias.
That's it!
I'll keep you guys updated!
Ken
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.
EUR/JPY Long Trade UpdateHey Guys!
The current bias on the eur/jpy is long. Or in other words, price is likely to reach 148.44 before reaching 140.77.
That said, since it is the holiday season with low liquidity, there are a couple of things I'm looking out for in terms
of this long entry. In this post I explain how I plan to trade this setup.
That's it !
I'll keep you guys updated!
Have a great day!
Ken
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.
EUR/JPY Long Trade UpdateHey Guys!
The current eur/jpy weekly bias is short. Or in other words, price is likely to reach 124.41 before reaching 148.44.
So if I get a pullback to the 147.44 price level, I'm willing to take a short entry with a stop loss at 148.44 and its main target
at 124.41. That said, since this pair has overarching long strength on it, I am ultimately waiting for long confirmation for this pair.
In this post I explain the reasoning for my decisions.
That's it !
I'll keep you guys updated!
Have a great day!
Ken