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Eurojpy

EURJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=126.6. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=127.1. TP4: R2=127.6. Set the stoploss of these orders at breakout of S2=126.4. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=126.4. In this situation, there is an expectation to reach the target S3=125.5. Set the stoploss of reverse orders at breakout of S1=126.6. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Long
by ForecastCity
1
Road Map for EurJpy Daily Been viewing the EurJpy for about a week. have yet decided if it is a buy on retracement as suggested by some. But as always, Revelation Trading believes in trusting your own eyes and doing your own analysis. So here we present our own road map on how we might trade the Eurjpy in accordance to our simple methodology. Hope it helps:) Reflection: The public...demands certainties; it must be told definitely.... that this is true and that is false! But there are no certainties. - H.L. Mencken
by revelationtrading
EURJPY Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=132.6. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=131.9. TP4: S2=131.5. Set the stoploss of these orders at breakout of R2=133.1. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of R2=133.1. In this situation, there is an expectation to reach the target R3=134.3. Set the stoploss of reverse orders at breakout of R1=132.6. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you! ALL OF OUR INTRADAY FORECASTS ARE VALID FOR 24 HOURS FROM RELEASE TIME.
Short
by ForecastCity
EURJPY Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=132.6. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=131.9. TP4: S2=131.5. Set the stoploss of these orders at breakout of R2=133.1. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of R2=133.1. In this situation, there is an expectation to reach the target R3=134.3. Set the stoploss of reverse orders at breakout of R1=132.6. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you! ALL OF OUR INTRADAY FORECASTS ARE VALID FOR 24 HOURS FROM RELEASE TIME.
Short
by ForecastCity
1
EUR JPY - Let's wait the breakout! Morning traders ! Today i show you my view about eur jpy . This cross is moving into a rectangle from more than 1 month , the resistance of the rectangle is around 132 zone while 129.5 zone is acting as a support. In 1h timeframe i've spotted an ascending triangle already formed. The breakout of this triangle may be the signal to go long till 133.5 zone , another long signal that may be useful is the breakout of EMA 100 and 200 that till now acted as resistance. That's my analysis , let's wait the breakout. Have a nice day !
Long
by maro9392
1
EURJPY: Support & Bat PatternThe EURJPY moves sideways last few days and this creates good opportunities for harmonic pattern traders. The market is going down today and if it continues and touches the support area at 130.64, there will be a setup for long. The price respected that level multiples times already and it is more likely it will do it again. The buying orders are usually placed at key areas and I assume there will be enough orders to push the price up. Moreover, there is a potential bat pattern formation, which will increase the probability of this trading setup. I will patiently wait the market to touch my entry level and then make a buy order. T1- 38.2% T2 – 61.8%
by Art_of_Trading
EUR/JPY *We had +480 pips and now what?We had an awesome run on EJ in total about +480 pips. Now every Tom, Dick and Harry know that EJ is bearish. So, it may due for potential rebound, so enter short with care. As long as the price is below 132.6 regions, I will look for a short entry only. In a mid-term (3 to 6 months), it is going lower and the next support is 128.8 level. Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Sonicr Mastery dot com is not responsible for any liabilities arising on the result of your market involvement or individual trade activities.
by SonicDeejay
EURJPY - Trade of the WeekHey Traderz! Today, I have found a very good setup. Now, I already have a long position - for testing purposes. What I see is the following: On Monthly Chart there is a huge double bottom Both Weekly and Daily Chart provides information of going long on this pair We know that Euro has overachieved almost every G10 currency with an advance of 6%+ this year Technical patterns show Euro preparing for something big - on EURUSD as well One thing though, even if I am right - before a huge movement that I expect, there will be a big retracement as well - the position that I took might be a loss, but I am planning to have it as long as possible, so what you see on the chart might not show the reality, hence I will update you all the time!
by adamnkiss