EurJpy Trade IdeaPersonally just went long on EJ for a 1:3rr. Price gave a solid flip on the 1hr. EJ is still in an overall range so I'll be targeting just below a resistance level. With price respecting a daily support level we may even expect price to eventually break back above 157.423. Longby OfficialJ23Updated 112
EURJPY | 16.09.2024SEEL 156.500 | STOP 157.300 | TAKE 155.500 | The instrument continues to move down. It is recommended to open short positions at the current price of 156.500 with a target at the level of previous lows of 155.500-190.Shortby ProPhiTradeUpdated 2
EURJPY - Look for Reversal Long (INTRADAY) 1:4!The JPY pairs have experienced a significant drop due to the recent Yen hike and are now consolidating around the HTF support. There’s potential for a temporary rejection at the Demand Zone, presenting an opportunity to go long, aiming at least for TP1. Let's see how the market moves as we start the week! Disclaimer: This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience! Longby S-Fx_Updated 1
weekly candle range we took a weekly crt candle on the weekly chart, and now heading to buy side liquidity Longby JFTRADES_2
EurJpy Trade IdeaA set up I'll be looking at for London will be some possible longs on EJ. EJ is in a clean range while still respecting a solid support level on higher time frames. IF EJ can pullback/retest an area I'm personally interested in then I'll definitely look to get in to some buys for another 1:3rr. We'll see how price plays out. Longby OfficialJ231
EUR-JPY Potential Long! Buy! Hello,Traders! EUR-JPY keeps falling But the pair will soon hit A horizontal support Of 154.485 and as the Pair is locally oversold We will be expecting a Local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals223
Eur/jpy short idea As of mid-September 2024, the Bank of Japan (BoJ) has not yet announced an interest rate cut. The next policy meeting is scheduled for September 19-20, where the central bank is expected to clarify its stance. While the BoJ raised its short-term policy target in July to 0.25%, market expectations now lean towards a “wait-and-see” approach, meaning the BoJ is likely to keep rates steady for the time being. Inflation and wage growth have been stronger than expected, which might lead the BoJ to consider further tightening later. However, weak household spending and a slowing GDP growth present challenges for an aggressive rate policy change .Shortby Humbleinvs443
EURJPY SHORT ANALYSISFrom the previous week we can see that EURJPY closed quite bearish confirming the presence if selling momentum in the market we could see that momentum continue into area of 155.000support that seems to b a high value area for this pair. Have a good trading day guys Short04:08by Technicalrayner2
EURJPY Long SignalDoji Candlestick with ultra high volume on Daily & Weekly timeframe, started at 5-Aug, mean the downtrend is going to be stopped. Doji Candlestick have been broken up next week of 5-Aug Consolidation (price correction) started since 15-Aug till now price it closed to 0 Fibo percent, which is strong support level of the price on weekly and daily frame. enter buy when find weak shape, - could be on very low volume on daily time frame, enter next day - or divergence on 4H time frame support long signal (buy) Target T1 @ 163 T2 @ 165.6 the direction could stay long, but we have to wait the price behaviour at 165.6 Longby FDamra3
Short trade Trade Setup: Entry Price: 156.866 Profit Level: 155.527 (0.85%) Stop Loss Level: 157.104 (0.15%) Risk-Reward Ratio (RR): 3.63 Key factors to consider are global risk sentiment, ECB dovishness, or BoJ (Policy Shift) hawkishness to support trade bias. Shortby davidjulien369Updated 1
eurjpy about to pull a serious reversali believe the eurjpy about to pull a serious reversal, Longby Bishoptimmy6
EURJPY-Bias long Bullish indications: Trend line resistance broken. Bullish divergence. Major support respected. Double bottom formation in 15 min time frame. Hammer candle in 4 hr time frame Bearish indications: LLLH Moving average is still above it Trade plan bias long @ Longby gouthamkulal10
EURCHF Elliott Wavehello friends We see a triangle in the EURCHF currency pair. Triangles are always seen in wave 4 or B of a zigzag. But everything depends on where these triangles break. It usually moves in the same direction after a breakout and pullback to the collapsing trend line. My event is a wave b of a zigzag and the price is more likely to decline. The stop loss can also be set at the end of the previous wave or the swing before it, because if the previous wave or the previous swing is broken, the analysis and the selected path are invalid and you should enter the trade in the direction of the price breaking. To support me, I recommend you install Trading View software on your phone and see my analysis and support me with your comments and Boost. Be successful and profitable.Shortby M_GheysvandiUpdated 2
EURJPY UPDATEDEverything on chart... to understand better check the pre idea... have a good weekendLongby Wisam_Adil2
EURJPY can it break?Let's see if price can break below and find support below.Shortby EleazarahmathUpdated 8
EURJPY keep an eye for a buycheck my pre idea for this pair so you can understand betterLongby Wisam_AdilUpdated 226
EURJPY : Long Signal with Entry/SL/TP EURJPY - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy EURJPY Entry - 157.20 Stop - 156.22 Take - 158.77 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals333
EUR / JPY about to breakout LONG - Explosively! A lot of buying demand going into EUR / JPY right now. About to make an explosive move through the neckline (W/Bottoms) on multiple timeframes. Plenty of momentum with this one!Longby Easy_Explosive_TradingUpdated 112
EURJPYCurrently on EURJPY on the Weekly timeframe price just took out the previous weekly low and the same thing has happened on the daily timeframe indicating a strong support level and a possibility of a reversal, so I will be looking for buying opportunities throughout the month.Longby BigBenCapitals6
EURJPY Potential Sell SetupHere are the recommended trading levels: Entry Level(Sell Limit): 157.493 Stop Loss Level: 159.597 Take Profit Level 1: 155.546 Take Profit Level 2: 153.285 Reasons for bearish bias: - Price was rejected at a key resistance level - The overall trend is bearish - Entry point is at the 0.618 Fibonacci retracement level - TP is set at a recent support level - RSI is synced with the bearish outlook Shortby TradeWithParasUpdated 4
EJ BuyPrice bounced off a strong major demand zone. We see rejection from the wick there hence why i would take an entry there hoping price to fill the above gap (FVG) as it draws to that zoneLongby Limitless_ZW2
Potential bullish rise?EUR/JPY has reacted off the pivot which has been identified as a pullback support and could rise to the overlap resistance. Pivot: 155.90 1st Support: 153.30 1st Resistance: 159.41 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Longby ICmarkets10