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 be SELL at 145.56 level before BUY. After that you can BUY at 152.00 LEVEL. If the MAIN STRUCTURES BREAK anyway, EURJPY can definitely buy at 150-151 LEVELS.
Eurjpytrade
EURJPY Next Possible Move#EURJPY ( Euro / Japanese Yen )
- Following BEARISH CHANNEL as a Corrective Pattern in Long Time Frame #LTF
- Rejecting from the Lower Trend Line #LTL and can possibly Reject from the DEMAND ZONE
- RSING WEDGE Pattern in Short Time Frame #STF Buy if Breaks the Upper Trend Line #UTL and Sell in Breaks the Lower Trend Line #LTL
- Selling Divergence
EURJPY - Long from bullish orderblock ✅Hello traders!
‼️ This is my analysis on EURJPY.
Here we are in a bullish market structure from daily perspective, so I am looking for longs. I expect price to continue the retracement and then to reject from bullish orderblock.
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eur/jpy is involved in the support area of the daily time frame We have two scenarios ahead
Weakness on the rise and fall to the next support level
Weakness in the fall and failure to break the support level and rise to the next resistance
To move in the direction of each of these scenarios, we must be patient until the daily candle closes
Because this support is the daily time frame support
In your opinion, which scenario is more likely to happen?
In your opinion, which scenario is more likely to happen?
In your opinion, which scenario is more likely to happen?
eurjpy falling after support breakout
Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about Eurjpy
We can see formation of support breakout
So we are expecting a strong fall near support.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
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EURJPY Next Possible Move#EURJPY ( Euro / Japanese Yen )
- BULLISH CHANNEL in Long Time Frame #LTF
- Breakout of Lower Trend Line #LTL and Retracement at Fibonacci Level - 78.60
- Expanding Diagonal as Corrective Pattern in Short Time Frame #STF
- Impulse Correction Impulse - Completed " ABC " Corrective Wave
EURJPY,EURGBP and EURCAD 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.
EUR/JPY Long SetupHey Guys!
The current weekly bias on the eur/jpy pair, (though yet to be fully confirmed) is long. Or in other words, price is likely to reach 148.44 before reaching 124.41.
In this post, I explain the reasoning for the long bias, as well as what I'll be looking for in terms of full confirmation of the weekly long bias.
That''s it! I'll keep you guys updated!
Ken
Disclaimer: This is not Personal Financial Advice.
EURJPY - Sell-off started ✅Hello traders!
‼️ This is my analysis on EURJPY .
Here we can see that price broke the market structure, so I am looking for shorts now. I expect to continue bearish price action as price mitigated bearish orderblock and rejected.
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EURJPY ShortHello guys.
In my previous analysis, I have suggested that the price might move in a bearish momentum because the price seems to not break the upper trend line of the rising channel. As we can see here, the price is trying to fill the bearish imbalance created on Friday. It might retest the resistance zone again, maybe to liquidate sellers who had stop losses on that zone.
My entry is at 146.2, and I have used the pullback strategy to place my entry position. My stop loss is at 147.6, a place which is 1% of my account and also it is above the trend line/ resistance zone.
My TP1 is at 144.8, Tp 2 at 143.4 and Tp 3 at 142.0. I have placed my targets according to my R:R.
I am targeting a R:R of 1:3 in this scenario.
Kindly, I advice that incase our trade is activated and the price hits the first Tp, secure your trades by moving the stop loss above the entry zone.
Risk only 1-2% of your account.
EURJPY ShortHello guys.
This price has been forming a rising channel/flag, which might be a strong indication that there might be a strong bearish momentum (1D).The price has retested the upper trend line, and if it fails to break it, then a bearish momentum is inevitable.
Foe my long term strategy, I anticipate that the price will be bearish. For the upcoming analysis of the price, I will discuss in-depth on how I will enter my trade, my targets and stop loss using a shorter time frame.
Remember, only risk 1-2% of your account.
EURJPY LongList of confluences:
1: Falling Wedge Breakout
2: Trendline Breakout
3: Key Level Breakout and Change in Market Structure
When looking at the larger time frames, we can see that EURJPY remains in a uptrend. We have also seen the market pull back which signalled a chance to
enter in the direction of the bigger picture trend. We have listed 3 reasons as to why we will be looking to Buy/Long the pair. We are expecting a potential
return of between 12.12 % to 24.24% at 1 - 2 % risk per trade.