Get started

Eurjpytrade

EURJPY SELL | Day Trading AnalysisHello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity EURJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us
Short
by TheGrove
5
EURJPY - Long active ✅Hello traders! ‼️ This is my perspective on EURJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I expect bullish price action from here as there is a confluence of rejection from bullish order block + FIBO 0.618 level + institutional big figure 164.000. Fundamental news: Tomorrow we will see result of Interest Rate in Europe, followed by ECB Press Conference, news with high impact on currency. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
EURJPY: the euro weakensIn Europe, EUR/USD fell 0.3% to 1.0789, near a five-week low, after data released earlier on Thursday showed German Retail Sales unexpectedly fell 1.9 % over February, illustrating the difficulties Europe's largest economy is suffering in the first quarter. European Central Bank officials have become very dovish of late, with board member Piero Cipollone the latest to hint at an interest rate cut as soon as June. “Wage growth appears to be on a gradual adjustment path over the medium term towards a level consistent with our inflation and productivity growth targets, in line with our inflation and productivity growth targets,” Cipollone told an event in Brussels on Wednesday. consistent with predictions".
Long
by Chart_MasterPro
EURJPY 515 PIPS SHORT TRADE READ DISCRIPTION 1. **Bearish Setup and Reversal**: EUR/JPY is showing signs of a bearish setup and potential reversal. A fresh supply zone has been identified between 162.957 and 163.457, where investors, institutions, big players, and hedge funds are anticipated to initiate short trades in bulk. This zone serves as a significant area of resistance, suggesting a potential reversal in the pair's price movement. 2. **COT Data Analysis**: The Commitments of Traders (COT) data indicates a substantial bearish sentiment, with 443,000 short positions and only 180,000 long positions. This data suggests a significant imbalance in favor of short positions, reinforcing the potential for downward pressure on EUR/JPY. 3. **Trader Sentiments**: Trader sentiments show a strong bias towards shorts, with 78% of traders holding short positions and only 22% holding long positions. This sentiment aligns with the bearish outlook indicated by the COT data. 4. **Fundamental Analysis**: The fundamental analysis suggests that the Japanese yen is weakening after the Bank of Japan (BOJ) adopted a dovish tone, signaling expectations for further weakness. This news is likely to impact EUR/JPY negatively, supporting a bearish bias. 5. **Technical Analysis Indicators**: All trading indicators are signaling a strong sell sentiment, further supporting the bearish outlook for EUR/JPY. 6. **Trade Parameters**: - Risk-to-Reward Ratio: The risk-to-reward ratio for this trade setup is 24.73, indicating a potentially favorable risk-reward profile. - Take Profit Levels (TPs): Three take profit levels have been identified and marked with yellow horizontal lines. These levels provide traders with opportunities to scale out of their positions as the price moves in the desired direction. - Profit Target: The overall profit target for this trade is set at 515 pips, representing a significant potential profit. In conclusion, the technical, fundamental, and sentiment analysis collectively suggest a strong bearish outlook for EUR/JPY. The identified supply zone, coupled with the overwhelmingly bearish sentiment and supportive fundamental factors, presents a compelling opportunity for short trades. Traders should closely monitor the trade, adjusting their positions based on market dynamics and adhering to risk management principles.
Short
by MOAZAM1133
2
EURJPY: Asian foreign exchange falls ahead of Fed meeting; USD/JThe yen weakened sharply after the BOJ`s first hobby charge hike in 17 years, with USD/JPY hovering toward 150. BOJ improved hobby fees with the aid of using 0.1%, bringing hobby fees to the impartial area after almost a decade of keeping bad hobby fees. The financial institution additionally signaled an cease to its yield curve manage and asset buy policies. But the principal financial institution additionally stated that uncertainty approximately Japan's financial system could preserve financial situations in large part accommodative for the time being. Tuesday's charge hike, at the same time as historic, marks most effective a small step at the course farfar from the country's extraordinarily dovish stance. This belief has dented the yen, as the principle strain at the Japanese currency - excessive US hobby fees - stays unchanged.
Long
by Chart_MasterPro
EUR / JPY !! SELL NOW resistance zone ⭐️ Smart investment, Strong finance ⭐️ EUR/ JPY INFORMATION: The price touched the long-term resistance zone H4, overbought. There is no important economic news on EURJPY, setting up a SELL signal ⭐️ SET UP EUR/ JPY PRICE: 🔥SELL zone: 163.450 - 163.600 SL 164.000 TP1: 163.100 TP2: 162.800 TP3: 162.500 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
Short
by Nova-Scalper
3
EURJPY H1 / EXPECTING A SHORT MOVE AFTER FVG RETRACEMENT ✅Hello Traders! This is my forecast for EURJPY H1. I see a perfect structure for a short trade as the price closed fully one FVG and I expect it to close part of the second FVG after going bearish. Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the comments. I welcome the opportunity to hear your perspectives. ____________________________________ Follow, like, and comment to see my content: www.tradingview.com
Short
by GoodTradeST
EURJPY: Asian foreign exchange declined, dollar stabilized afterMost Asian currencies fell on Thursday, while the dollar stopped falling as a series of signals from the Federal Reserve suggested the central bank is likely to keep interest rates high for a while. next. Weak purchasing managers indexes (PMIs) from Australia and Japan also kept Asian traders in favor of the dollar, as business activity in both countries slowed in February. The dollar fell after the Fed reiterated its interest rate outlook The dollar index and dollar index futures were both steady in Asian trading after falling sharply from three-month highs this week, although the possibility of further declines in the greenback now exists. seems limited. Minutes of the Fed's late January meeting showed that the bank is in no hurry to reduce interest rates in the near future. Speeches by several Fed officials this week also reiterated this stance, with policymakers citing concerns about tough inflation. This message suggests that traders are continuously reducing expectations for a rate cut in May and possibly June, which bodes poorly for Asian currencies, as the gap between yields Risk and low risk remain narrow.
Short
by Chart_MasterPro
EURJPY M15 / POTENTIAL MARKET CORRECTION 💲Hello Traders! This is my idea related to EURJPY M15. I expect a sell-off on the EURJPY, and a market correction on the JPY basket, that's why my bias will be for short entries. In the first phase, I expect the old highs to be taken before going bearish, it confirms, I will look for short entries. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective. ____________________________________ Follow, like, and comment to see my content: www.tradingview.com
Short
by GoodTradeST
3