Get started

Euro / Japanese Yen

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

EURJPY trade ideas

EURJPY Trading Journal Analysis EURJPY Trading Journal Analysis Summary of what I learned. In Asia Price rallies to the 2 deviation line taking out short term buy stops. Tipping its hand it would seek lower prices to the noted sell stops and highlighted 15FVG I noted. London Kill zone Price declined to hit a big figure number 170.900 creating the London low. Price comes up through the 15 FVG to rebalance. At 3:50 candle Price took short term buy stops and created a FVG. With the buy stops taken in Asia the sell stops in London and the only clear liquidity left was the buy stop I did not trust what I was reading in price due to learning a new tool and incorporating all the technical info I have swimming in my head. I m not sure would have survived the 9:05 candles range as it may have knocked out my stop loss. Learning price sensitivities to watch for the mean threshold of the FVG 50% line that the 9:05 candle came into. Note for future that the stop loss should be placed with these things in mind. Defiantly a great trade to analysis and learn from.
by LParnell
EURJPY Is Bearish! Sell! Please, check our technical outlook for EURJPY. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 171.067. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 169.737 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
Pullback: EURJPY Short Using My RSAI Blueprint StrategyIn this video, I'll be discussing a potential short position on EURJPY using my effective RSAI Blueprint strategy. This trade aims for a 100 pip gain during a pullback before EURJPY resumes its upward trend, showcasing the strategy's precision in capturing short-term opportunities within larger movements. I’ll walk you through my analysis and the factors influencing my decision to short EURJPY. You'll see how the RSAI Blueprint strategy identifies key indicators that signal profitable pullback trades. Join me as I break down the specifics of this potential trade, demonstrating how the RSAI Blueprint strategy can consistently capture winning trades even during market pullbacks. Don't forget to like, comment, and subscribe for more insights and updates on profitable trading strategies.
Short
by TruthakaWallStreetakaCookie
EURJPY SHORT - Long the strong, short the weak.Hi all, This week I am sharing my play on EURJPY. With JPYBASKET showing both accumulation and some weakness (another liquidity grab today), with Japan Bank saying - increasing interest rates is an option now, with strong long positions on JPY by commercial banks and short positions advantage on EUR, the EURJPY pair is my safest pair to trade this week. I am both managing a major short there and scalping the range to the downside. I am expecting return to 168.1 - 168.2 area at minimum! Good luck and play safe!
Short
by AdiVV
EUR/JPY SELLThe short-term outlook for the EUR/JPY currency pair is positive, although the overbought technical condition may indicate a correction. Fundamental factors such as ECB and BOJ policy and economic data continue to have a significant impact on the exchange rate. It is worth keeping an eye on the upcoming ECB and BOJ decisions, as well as global economic news that may affect the exchange rate. The support level shown in the picture is the ATH level. I'm waiting for a boost now.
Short
by xMoranTomx
2
EUR/JPY may fall 57 - 85 pipsOur pivot point is at 171.61. Our preference The downside prevails as long as 171.61 is resistance. Alternative scenario The upside breakout of 171.61, would call for 172.09 and 172.37. Comment The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 171.16 and 171.22). Supports and resistances 172.37 ** 172.09 * 171.61 ** 171.42 171.13 last 170.56 170.28 ** 169.99 * 169.71 ** Number of asterisks represents the strength of support and resistance levels.
Short
by Daniel_Thompson
EURJPY: The Bullish Trend Is IntactEURJPY: The Bullish Trend Is Intact EURJPY: Bullish trend intact From our previous analysis, EURJPY rose as expected and reached all three targets. So far, the price is above a strong structure zone and the chances are that it will continue and go higher. Everything is related to BOJ. They are not taking any further steps on their currency. They did not change the interest rate during the last meeting. On the other hand, they have already stopped the foreign exchange intervention in the market, thus leaving the JPY at the mercy of fate. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Long
by KlejdiCuni
2
EURJPYSupport: The key support levels to watch are around 128.00 and 127.00. These levels have held as support during recent pullbacks. Resistance: Immediate resistance is seen around 130.00. A break above this level could indicate a potential bullish reversal. 200-day Moving Average: EURJPY is below the 200-day MA, indicating a bearish long-term sentiment. 50-day Moving Average: The 50-day MA is below the 200-day MA, confirming the bearish bias. The RSI is around 45, suggesting neutral to slightly bearish momentum. It's not oversold or overbought, indicating potential for further consolidation. Head and Shoulders Pattern: There are indications of a potential head and shoulders pattern forming on the daily chart, with the neckline around 128.00. A break below this neckline could signal further downside. Short-term: Traders might consider short-term sell trades on rallies towards resistance levels (e.g., around 130.00) with targets at key support levels. Long-term: For investors looking at longer-term positions, waiting for a clearer bullish signal such as a break above the 200-day MA or a significant support confirmation might be prudent. Monitor economic data releases from both the Eurozone and Japan, as well as broader market sentiment and geopolitical developments, which can influence the EURJPY exchange rate. EURJPY is currently in a bearish phase with potential for further downside, though it is consolidating in the short term. Traders should watch key support and resistance levels, as well as broader market factors, to assess the next directional move. Always consider using risk management strategies and conducting your own analysis or consulting with a financial advisor before making trading decisions.
Long
by TFXBR