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EURJPY - Expecting Retraces Before Prior Continuation HigherHi Traders, on March 12th I shared this "EURJPY Short Term Buy Idea" We expected to see correction prior to the bullish continuation. You can read the full post using the link above. Price is moving as per the plan!!! Based on the current scenario my bullish view still remains the same here. We have bearish divergence in play based on the moving averages and histogram of the MACD and I expect to see retraces now before further continuation higher. If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀 --------------------------------------------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.-
Long
by VladimirRibakov
EUR/JPY "YUPPY" Forex Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Thieves, 🤑 💰🐱‍👤🐱‍🏍 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the EUR/JPY "YUPPY" Forex Market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸Book Profits, Be wealthy and safe trade.💪🏆🎉 Entry 📈 : "The heist is on! Buy above (157.700) then make your move - Bullish profits await!" however I advise to placing the Buy Stop Orders above the breakout MA (or) placing the Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. Stop Loss 🛑: Thief SL placed at 156.000 (swing Trade Basis) Using the 4H period, the recent / Swing Low or High level. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 160.000 (or) Escape Before the Target 🧲Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. 📰🗞️Fundamental, Macro, COT, Sentimental Outlook: ╰┈➤EUR/JPY "YUPPY" Forex Market is currently experiencing a bullish trend,., driven by several key factors. 🟠Fundamental Analysis 1. Interest Rates: The European Central Bank (ECB) has maintained a hawkish stance, with interest rates expected to remain around 3.25%. The Bank of Japan (BOJ) has also maintained a dovish stance, with interest rates expected to remain around -0.10% 2. Inflation: Eurozone inflation is expected to be around 2.2% in 2025, while Japan's inflation is expected to be around 1.5% 3. GDP Growth: Eurozone GDP growth is expected to be around 1.2% in 2025, while Japan's GDP growth is expected to be around 1.1% 4. Trade Balance: The Eurozone has a significant trade surplus, while Japan has a trade deficit. 🟡Macroeconomic Factors 1. Monetary Policy: The ECB and BOJ's monetary policies have a significant impact on EUR/JPY. 2. Fiscal Policy: Government spending and taxation policies in the Eurozone and Japan can impact the economy and currency. 3. Global Events: Events like the COVID-19 pandemic, Brexit, and trade wars can impact EUR/JPY. 🔴COT Data 1. Non-Commercial Traders: These traders hold a net long position in EUR/JPY futures, with 55.1% of open interest. 2. Commercial Traders: Commercial traders hold a net short position in EUR/JPY futures, with 44.9% of open interest. 3. Open Interest: The total number of outstanding contracts is 233,111. 🟤Market Sentimental Analysis 1. Bullish Sentiment: 53.5% of investors are bullish on EUR/JPY. 2. Bearish Sentiment: 46.5% of investors are bearish on EUR/JPY. 3. Sentiment Index: The sentiment index is at 54.2, indicating a neutral market sentiment. 🟣Positioning Analysis 1. Long Positions: 56.3% of investors are holding long positions in EUR/JPY. 2. Short Positions: 43.7% of investors are holding short positions in EUR/JPY. 3. Retail Trader Sentiment: Retail traders are net long EUR/JPY, with a sentiment index of 57.1%. 4. Institutional Trader Sentiment: Institutional traders are net short EUR/JPY, with a sentiment index of 45.6%. 🔵Quantitative Analysis 1. Moving Averages: The 50-day moving average is above the 200-day moving average, indicating a bullish trend. 2. Relative Strength Index (RSI): The RSI is at 55.9, indicating a neutral market sentiment. 3. Bollinger Bands: The price is trading near the upper band, indicating a potential overbought condition. 🟢Intermarket Analysis 1. Correlation with Other Markets: EUR/JPY has a positive correlation with EUR/USD and a negative correlation with USD/JPY. 2. Commodity Prices: EUR/JPY has a positive correlation with gold prices and a negative correlation with oil prices. ⚫News and Events Analysis 1. ECB Meetings: The ECB's monetary policy decisions can significantly impact EUR/JPY. 2. BOJ Meetings: The BOJ's monetary policy decisions can also impact EUR/JPY. 3. Economic Data Releases: Releases of economic data, such as GDP growth and inflation, can influence EUR/JPY. ⚪Next Trend Move Based on the analysis, the next trend move for EUR/JPY is likely to be bullish, with a potential target of 160.000. 🟡Future Prediction Based on the analysis, the future prediction for EUR/JPY is bullish, with a potential target of 165.000 in the next 6-12 months. 🔴Overall Summary Outlook EUR/JPY is expected to remain in a bullish trend, driven by the ECB's hawkish stance and the BOJ's dovish stance. However, investors should remain cautious of potential market volatility and economic uncertainties. ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
Long
by Thief_Trader
EUR/JPY "The Yuppy" Forex Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Thieves, 🤑 💰🐱‍👤 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the EUR/JPY "The Yuppy" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸Book Profits, Be wealthy and safe trade always.💪🏆🎉 Entry 📈 : "The heist is on! Wait for the breakout (160.000) then make your move - Bullish profits await!" however I advise placing Buy Stop Orders above the breakout MA or Place Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. Stop Loss 🛑: Thief SL placed at the recent / swing low or high level Using the 3H timeframe (158.000) swing trade basis. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 1st Target - 162.200 (or) Escape Before the Target Final Target - 165.400 (or) Escape Before the Target 🧲Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. 📰🗞️Fundamental, Macro, COT, Sentimental Outlook: EUR/JPY "The Yuppy" Forex Market is currently experiencing a bullish trend,., driven by several key factors. 🟡Fundamental Analysis The EUR/JPY exchange rate is influenced by the Eurozone's economic growth, inflation, and interest rates, as well as Japan's economic performance. Currently, the Eurozone's economy is experiencing moderate growth, with a slight increase in inflation. ⚫Macroeconomic Analysis The European Central Bank has maintained a hawkish stance, with interest rates expected to remain high in the short term. On the other hand, the Bank of Japan has kept interest rates at historic lows, supporting the economy. 🔴COT Data Analysis The Commitments of Traders (COT) report shows that commercial traders are net short, while non-commercial traders are net long. This indicates a potential trend reversal 🟠Market Sentimental Analysis Market sentiment is slightly bullish, with 55% of traders holding long positions. Institutional traders are holding long positions, while hedge funds are holding short positions. Retail traders are also holding long positions. 🟤Market Sentiment by Trader Type - Institutional Traders: 60% bullish, 40% bearish - Hedge Funds: 55% bearish, 45% bullish - Retail Traders: 55% bullish, 45% bearish 🟢Positioning Data Analysis Institutional traders are holding long positions, while corporate traders are holding short positions. Banks are maintaining a bearish stance. 🟣Overall Outlook The EUR/JPY exchange rate is expected to remain volatile in the short term, with a slight bullish bias due to the Eurozone's economic growth and inflation. However, the pair's movement will largely depend on the overall performance of the Eurozone and Japanese economies, as well as global economic trends. ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions. 📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
Long
by Thief_Trader
I'm waiting for a good drop on the chart.It is at a historical ceiling where resistance is very strong. I expect a return to the 170 range and a market decline. Our main target is 9%. There is a possibility of a decline of up to 20% in the long term. The decline is probably as low as 20%. I am taking profit with a stop. 1- Break of the uptrend line 2- Start of the bearish phase 3- Retracement to the 86% Fibonacci line in the bearish phase 4- Start of our short position and receive 9% of the chart OANDA:EURCAD
Short
by Bijan2002
2
Strong Downtrend in EURJPY—Here’s My Trade Plan!In this video, we take a quick look at the EURJPY currency pair, which is currently in a strong downtrend. On the four-hour timeframe, we can clearly see lower highs and lower lows. However, price has now reached a key support zone on the weekly and daily timeframes. While my bias remains bearish, I’ll be watching for a retracement toward previous swing highs for a potential entry, as the pair is trading into a significant liquidity pool and is likely to react at this level. This is not financial advice.
Short
by fxtraderanthony
6