SELL EURJPYto day news + trend analysis validity : 3 day sentiment : sell Shortby pouriya_kdUpdated 1
Trade Like A Sniper - Episode 10 - EURJPY - (31st May 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions. A couple of things to note: - I cannot see news events. - I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range. - I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks In this session I will be analyzing EURJPY, starting from the 6-Month chart. - R2FEducation09:46by Road_2_Funded4
EURJPY - BUY Looks Like it's on the Move Pin Bar at the Bottom Usually a Very good sign it going up again Carry Trade scenario hasn't changed they still borrowing off Jappan basically overal consensus is it is going to go up feeling is strong. Profit for 1 Day: EUR 4.5% JPY 0.10% Profit for holding 100 lots of EUR/JPY overnight, based on the interest rate differential, would be approximately 1,205 EUR Volume coming in EUR inflation is expected to be higher coming up in retail sales down so good for higher interest rate case Strong for EUR EUR top of the Currency Strength Alert Metre JPY at the bottom all JPY pairs Weakest 100 pips Lets See : ) Longby NZ_SharemanUpdated 4
Potential bullish rise?EUR/JPY has reacted off the pivot which has been identified as an overlap support and could rise to the 1st resistance. Pivot: 169.40 1st Support: 167.40 1st Resistance: 171.57 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 ICmarkets5
EURJPY Analysis (31st May 2024) EURJPY Analysis(1HR TF) Price is at 1 hour Bearish OB Key level. BUY/SELL SCENARIOS: 🟢BUYS: Price breaks above the 169.979 level with a body candle close. If this happens. A retest of the Failed 1 hour OB to Buy to target 170.251 first before targeting 170.800. 🔴SELLS: Price Dumps below the 169.734 level with a body candle close. This creates a bearish Pattern to continue to look for sells targeting the 169.400 level. by CallistoFX4
EURJPY BUY then SELLWe are expecting EURJPY to buy little and then SELL, ONLY if JPY index show bullish move by Olumine3
EUR/JPYThe term "bearish BAT" likely refers to a bearish Bat harmonic pattern in technical analysis, which is used to identify potential reversal points in financial markets. This pattern consists of specific Fibonacci retracement and extension levels and is used by traders to predict potential price movements in the market. Here's an overview of the bearish Bat pattern: Bearish Bat Pattern 1. **X to A**: The initial move up. 2. **A to B**: A retracement of the XA move, typically to the 38.2% or 50% Fibonacci level. 3. **B to C**: A move in the opposite direction, retracing 38.2% to 88.6% of the AB move. 4. **C to D**: The final leg, an extension that completes at 88.6% retracement of the XA move. Key Characteristics - **B Point**: Retraces 38.2% to 50% of XA. - **C Point**: Retraces 38.2% to 88.6% of AB. - **D Point**: Completes at 88.6% retracement of XA. Trading the Bearish Bat Pattern - **Entry Point**: Near the D point. - **Stop-Loss**: Above the X point, considering some buffer. - **Take-Profit Targets**: Typically set at Fibonacci retracement levels of the AD move, such as 38.2% and 61.8%. Longby B9A-88652-NisarAhmad1
eurjpy selllooking to sell this pair. very good risk to reward ratio on this, lets see how this goesShortby mbm19114
EURJPY short With June ECB rate cut done deal, and majority expecting cuts in Sept and December, it currently seems like there is a bearish outlook for the Euro and we can see a strong rejection at 169.747, which is a level well respected in the past as seen the involvement of past candles within that range, my current take profit is set at 168.577 an lets hope for the bestShortby shrekwazoskitrades112
EURJPY BearishEURJPY has formed a bearish Flag continuation pattern which indicates the continuation of bearish trendShortby ruba_hasan960
EURJPY : SET FOR A CORRECTION- The market has been registering higher highs and lows since beginning of May ; the short-term trend is then bullish. - The sharp market rally that saw prices climbing 4.14% higher from 164.000 to 170.800 seems to be losing momentum. Indeed, the bearish divergence displayed by the RSI indicator, and the fact that new highs were registered with less and less strength tends to indicate a trend slowdown here. Since the impact below 170.800, sellers have taken control of the market, in a price action also fueled by take profit moves. The market now trades slightly above the 169.33/169.18 zone, the first major short-term support for prices. The RSI now evolves far below its 50% level, while the moving averages are reversing to the downside. - It is hard to say if the correction will continue deeper or if the market will keep on rebounding over the 23.6% Fibonacci zone for now. However, in the even of a break-out of the 169.33/169.18 level, a new bearish potential towards 168.18 and 167.38 would be unlocked. That said, tomorrow's EU CPI figures should bring more market volatility, especially as investors already anticipate firmer inflation numbers. Pierre Veyret, Technical Analyst at ActivTrades The information provided does not constitute investment research. The material has no been prepared in accordance with the legal requirements designed to promote the independence of investment research and such is to be considered to be a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk.by ActivTrades1
EURJPY Technical Analysis and Trade Idea Upon analyzing EURJPY, a robust bullish trend is evident on the weekly time frame. Notably, we’ve identified a clear breach in market structure on the 4H timeframes. However, it’s essential to acknowledge that this pullback might lead to an opportunity to get long in an over all HTF bullish trend. Remember that this analysis is for educational purposes only. Always conduct thorough due diligence and adhere to risk management principles when implementing any trade ideas. 📈💡 Long12:09by tradingwithanthony225
EUR/JPY For Bearish as Pull-Back Correctionyou can go short now and take any target or until higher low created at red arrow or in fibo range (50:61) - General Trend is Up Trend - use low trade size this is just for correction or pull back mean against the general trend have fun :)Shortby maxbayne224
Eurjpy buyEurjpy looking for another pushup our last analysis got TP successfully 😀 Next another W patter conformation for buy momentum also jpy currency looking too weak Longby DNA_Trader_Officials113
EURJPY SidewaysEURJPY is not making any clear highs or lows consecutively, therefore support and resistance trading strategy is suitable.by ruba_hasan960
Yen Nears Record Low Versus Euro on Divergent Monetary PoliciesThe Japanese yen (JPY) is nearing its all-time low against the euro (EUR), driven by differing monetary policies between the Bank of Japan (BOJ) and the European Central Bank (ECB). While the BOJ's interest rates remain significantly lower than those in the Eurozone, the ECB's cautious approach to rate cuts supports the euro. Key Points: - Interest Rate Divergence: The BOJ ended its negative interest rate policy in March, but its rates are still much lower than those in Europe. This gap weakens the yen against the euro. - Carry Trade Dynamics: Low yen volatility boosts carry trades, where investors borrow in yen to invest in higher-yielding euro assets. - ECB's Rate Cut Outlook: Internal debates within the ECB about the pace of rate cuts add uncertainty but overall support the euro. - Yen Intervention Risks: Potential interventions by Japanese authorities to support the yen could moderate its decline. - Economic Assessments: Mixed economic data from Japan and strong wage growth in Europe provide additional support for the euro. Market sentiment is bullish on the euro against the yen, with positions indicating expectations of further euro strength. The EUR/JPY pair remains firm at around 170.00, benefiting from both fundamental and speculative support.Longby signalmastermind2
TRENDING DOWN MAYBE IF SO WHAT IF THEN NOW HI!fdafda 4 to 1 risk reward This is forex trading on this day, not day o fthe day yesShortby outGbox3
EURJPY POSSIBLE BUY OPPORTUNITY!Price has been maintaining a bullish strength for past few days now and currently trade at 170.570 a buy opportunity is envisaged from the current market price. Target is 171.200 level.Longby Cartela1
TRADE SIGNAL - BUY EURJPYWeekly and daily price bars has not moved bullish at all (no top wick), and price seats currently on psychological level 170.000. There are chances that price has found support at that level. If so, then expect a bullish swing up to 171.000 in the coming hours or days. Confluences (A.K.A checklists) to look out for: ✅Price at psychological level? ❌Has there been a recent intraday range? ❌Do you see 30 mins or 1 hr price bar closure outside recent range? ❌Will position be in the direction of 4hr and Daily trend ? ✅Has nearby wicks to the left-hand-side been identified and marked as potential problem area/TPx? Go long only when you tick out this checklist!!! Trade parameters: Buy @ 169.982 - 169.781 Flex SL 169.449 Final TP 171.002 Warning: 1. trading derivative could result to loss of your capital, kindly apply caution and use only the money you can afford to lose. 2. Previous performance is not a guarantee that my signals will profit you. Accept and implement this idea at your own risk. 3. You are advised to apply proper risk management while trading derivatives...!!! BR, Kings Learn how to trade. See my signature below or visit my profile for more detailsLongby Kingsley_lotannaUpdated 114
Trade 3. GBPJPYEntry: - Setup RB Exit: - Trail SL and exited at BE with 0.0R Notes: - probably exited too soon, without a technical perspective.Longby huypham251
EURJPY-bias longBullish indications: Resistance broken at 169.931 HHHL Consolidation break out Support respected at 169.258 4 hr time frame formed with double bottom with the hammer/engulfer candle. Bearish indications: Bearish divergence. Trade plan bias long @ 169.914 SL:169.288 TP1:170.599 TP2:171.247 Longby gouthamkulal1Updated 7
EURJPYEUR/JPY is showing strong bullish momentum with potential for further gains, and a strong uptrend, with moving averages indicating a continuation of this bullish momentum. Key support levels are noted at 169.05 and 167.31. On the upside, resistance is likely at 170.62 and 171.58. A break above these resistance levels could signal further upside potential towards 172.00 and possibly 175.00 in the longer term. The euro has been strengthening against the yen due to the interest rate differential between the European Central Bank and the Bank of Japan. The latter's dovish stance continues to exert downward pressure on the yen, making the euro more attractive to investors. Short-term pullbacks in the pair are viewed as buying opportunities.Longby TFXBR1