Daily Wave Rider - EURJPY - BUY EURJPY
Channel: GREEN
WK Pivot: GREEN
AOB: WP
CON: SBB
BUY Stop: 158.649
Stop Loss: 157.142
TP01: 160.156
TP02: 163.170
DWR present as a buy setup on 18 OCT, with Channel and Pivot are green bouncing off weekly pivot
Trade is not taken
SPX500: SELL
DXY: SELL
OIL: SELL
GOLD: BUY
Eurjpytrade
EURJPY These data are good for growthThe yen hit a two-week low of 109.98 yen against the Japanese yen.
The yen fell to 182.49 against the franc and from an initial high of 166.11 against the pound and 165.39 against the pound, and a 10-day high of 181.16.
The yen fell to 157.98 yen against the euro and 149.76 yen against the dollar, below the six-day high of 156.98 yen and four-day high of 149.30 yen, respectively.
The currency's next major supports are likely to be around 112.5 against the loonie, 166.5 against the franc, 184.00 against the pound, 160.00 against the euro and 152.00 against the US dollar.
EURJPY Long Term Selling Trading IdeaHello Traders
In This Chart EURJPY HOURLY Forex Forecast By FOREX PLANET
today EURJPY analysis 👆
🟢This Chart includes_ (EURJPY market update)
🟢What is The Next Opportunity on EURJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURJPY; Trade what you see, not what you think!(It is time to start a fresh EURJPY post - once again -, the previous one(s) having grown too long to remain practical.)
The Weekly - With special attention to the two, most recent Hammers;
The Daily - With it's completed H&S, including the neckline break;
(All the visible patterns were also updated on these charts due to some earlier inaccuracies - misalignment - which snuck onto the previous versions of these charts - mostly on the higher time frames.)
Actively looking for a SHORT Entry here! (if not Short, yet.)
Sell EUR/JPY if 4Hour resistance Holds(Entry, TP and SL below)Hello everyone, EUR/JPY is struggling to break the resistance level
indicated in the 4Hour chart.
📌We have 4 consecutive candlesticks with long wicks at the top.
📌Price is currently below the EMA on the 4Hour chart. This gives us
a slight bearish bias for the 4Hour Timeframe.
📌If price continues to stay below the (resistance zone + EMA on 4h chart),
we can consider selling EUR/JPY@157.82-157.92 with SL near 158.10
with initial TP at 157.38 and final TP at 156.70
EUR/JPY Long A Break above creates more Buy PressureEUR/JPY is looking overbought on higher timeframe charts as it tests once again a tough barrier at the 2014 high of 149.75. Looking at the Directional Movement Index (DMI), the rebound from mid-May appears to be a consolidation, rather than the start of a new leg higher. The Plus DMI and Minus DMI are under 25, suggesting non-trending/range conditions. However, unless the cross breaks below 145.50-146.50 (including the 200-period moving average on the 240-minute charts) the bullish pressure is unlikely to fade away.
Major Trend is Bullish
EURJPY: Today!Last week, the EUR/JPY pair surpassed the level of 159.47 and reached 159.75 before experiencing a reversal. As of now, the downside movement has been limited above 156.85, resulting in a neutral bias for this week initially. If the price breaks below 156.85, it will shift the bias to the downside towards the 55-day Exponential Moving Average (currently at 156.17) and potentially lower levels. Conversely, if there is a break above 159.75, it will indicate a continuation of the larger uptrend instead.
EURJPY I Potential retrace and decline to downsideWelcome back! Let me know your thoughts in the comments!
** EURJPY Analysis - Listen to video!
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EURJPY Analysis 27Aug2023EURJPY last week was seen at the start of bearish, it has not been proven that there is a big bearish trend, this bearish possibility is just a correction. you can take a chance with the boundaries of wave B in the QM area. use the right money management to trade in this pair.
EURJPY - Continuation (from previous post)(This is the continuation of the previous post - attached - which became overly long.)
Currently;
SHORT off of that "before last" Stop Hunt @150.125, with very tight stops (<12 pips and excellent R/R ratio), just below major resistance. This is a long term Short Entry attempt. (However, the main set up/position is in the GBPJPY, with superior R/R characteristics!)
Here is a close up;https://www.tradingview.com/x/Mw8tOplz/
EURJPY Long Term Buying Trading IdeaHello Traders
In This Chart EURJPY HOURLY Forex Forecast By FOREX PLANET
today EURJPY analysis 👆
🟢This Chart includes_ (EURJPY market update)
🟢What is The Next Opportunity on EURJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURJPY: What happens next?EUR/JPY’s break of 158.03 resistance last week confirmed up trend resumption. But as a temporary top was formed at 159.20, initial bias is turned neutral this week for some consolidations first. Downside of retreat should be contained above 155.51 support to bring another rally. On the upside, break of 159.20 will target 61.8% projection of 139.05 to 157.99 from 151.39 at 163.09 next.
EURJPY: Next goal!Until now, the continuation of the upward momentum is likely to result in an immediate target emerging around 160.00 in the short term. The subsequent breakthrough will not encounter any notable resistance levels until reaching the highest point of 2008 at 169.96 on July 23.
As of now, there are positive long-term prospects for the convergence of bullish and bearish trends while on the 200-day SMA, which stands at 146.92 today.