EURJPY LONG IDEA FOR THE NEW WEEK EURJPY saw a really bullish close from last weeks trading and we could expect that momentum to continue for the early parts of this week following the break of the daily area of structure resistance.
EUXJPY trade ideas
EURJPY Anticipations as we approach ATHEURJPY have been in a strong bullish trend in recent days and very close at the ATH of the pair, Price action at the all time high will determine if there will be bullish continuation or bearish reversal. stay around as we watch. am not expecting much pull back this week market open, am expecting bullish continuation and have possible bullish continuation setup in LTF.
EURJPYAnticipating EJ to retrace to the 5m FVG after taking out the 4h buyside liquidity. A buy from 170.169 targeting the buyside liquidity residing above 171.587.
EURJPY (24 June 2024)Long opportunities are still possible as long as there is no setup that displays the Liquidty Injection formation.
EURJPY WEEKLY CLOSE AND TRADE REVIEW In this video we can see EURJPY close and retest 170.000 for longs and a simple look to why and how i entered the trade using the lower timeframes
EURJPYHelloooo...
We have an order block here which is interesting. I would close trade if 1 hr Closes belowthat Order block.
Remember Take your Prodit at key areas.. And set Break even
Friday 21 June XAU/USD & EUR/JPY Outlook-> 1H trend bullish both pairs
-> Eur heavy news, waiting for that to sum up in 6 minutes
-> No heavy dollar news so continue on Gold
-> Long now for both pairs, but monitoring EJ for the moment
Happy hunting
EURJPY sell I've been trying to make the best decision on what a good S&D setup looks like, this is the best i can see
Why Has The EURJPY Not Come Down Yet?The Japanese Yen has now lost value for a significant period of time VS its major counterparts. This de-valuing is asserted directly to the de-vestment of the Japanese Yen, typically a safe haven currency.
The stance of the BOJ is still one with very low rates. Because this isn't changing quickly and there is no current intervention speech, the Yen remains a currency that is devaluing.
The equation is simple - If you had the choice to buy a currency, with any type of return, as a foreign cash investor, what would you pick?
Would it be something like the USD? Would you perhaps park your money in Euros?
Or, would you buy Yens with a terribly low rate of return?
You can see now the picture is obvious, and that is why the Yen pairs like EURJPY are rallying relentlessly.
What would bring these pairs down? JPY Strength.
What would bring JPY strength? Rising of rates / Intervention or any other means possible to increase investment in Yens, like a world event requiring a safe haven to flee to.
In any case if you are going to short it, you need to know the above to trade safely.
EURJPY Fool-Surprise Reverse Ok ?EURJPY direction.
Well, I am excited the algos pushed the price 0.2% higher in compariston to yesterday, we are still due to dump 1-2% to the downside.
Lets Go. Accumulate more and more shorts, this is the only direction.
THIS IS JUST MY PLAN - NOT AN ADVICE.
No stop loss at this point, after loosing crucial levels, we can expect JPY central bank interventionm at any point, and - I am surprised idiot traders are still pushing the price in wrong directon still.
Take profit: 168.13
Stop loss: NONE.
Trade Like A Sniper - Episode 50 - EURJPY - (21st June 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 using ICT's Concepts 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 2-Month chart.
If you want to learn more, check out my profile.
EURJPY LONG IDEA After seeing a bullish closure and daily close above 170.000 key area. EURJPY could continue its bullish move to the upside
EURJPYEURJPY we hope that the economic announcement inflation failed YoY will propel the price to 167.800 sa would give us a nice correction of the price.
EURJPY Is Still BullishReasons why we are bullish on EURJPY:
Stable uptrend
Price moves out of correction to new highs
Bullish breaker blocks formed
Interest rate differential between euro and Japanese yen remains significant -> positive swap
EURJPYZZL H4based
Reentry buy price ma low H1-ema 50
Tp top Bollinger band H1/ma high H4
Cutloss ema89 or csak close below midbb H1
EURJPY to find sellers at market?EURJPY - 24h expiry
We are trading at overbought extremes.
Price action looks to be forming a top.
This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower.
We look to sell rallies.
Although the anticipated move lower is corrective, it does offer ample risk/reward today.
We look to Sell at 169.90 (stop at 170.40)
Our profit targets will be 168.70 and 168.30
Resistance: 171.20 / 175.50 / 178.55
Support: 168.95 / 167.35 / 164.30
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
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EURJPY 300 PIPS SWING IDEAThe EUR/JPY pair recently hit the resistance level from 2008 and has been bouncing off that zone for several weeks, indicating that the bears are attempting to take control. On the H4 time frame, you can spot two double tops forming over some time. Last week, there was a significant impulse move to the downside, culminating in a bearish flag pattern. I'm anticipating two potential reversals within this bearish continuation pattern—either a double top or a head and shoulders—before executing my short positions. Until then, stay vigilant and keep your spirits high.
EUR/JPY BEST PLACE TO SELL FROM|SHORT
Hello,Friends!
EUR/JPY pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 1H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 169.467 area.
✅LIKE AND COMMENT MY IDEAS✅
Trading Signal for EURJPYDirection: Sell
Enter Price: 169.522
Take Profit: 169.02
Stop Loss: 169.968
Here’s the latest trading signal for the EURJPY currency pair, based on our analysis using the EASY Quantum Ai strategy.
Justification:
1. Technical Analysis: Recent technical charts indicate a potential downtrend formation. Key indicators such as Moving Averages and Relative Strength Index (RSI) are signaling bearish momentum.
2. Resistance and Support Levels: The entry price of 169.522 has been identified at a significant resistance level, where the price has shown strong sell-off behavior in past trading sessions.
3. Market Sentiment: Current macroeconomic factors, including geopolitical tensions and economic data from the Eurozone, are instilling bearish sentiment among traders, which supports a downward price movement.
4. Volume Analysis: Decreasing trading volumes suggest weakened bullish strength, pointing to a likely retracement.
With these factors in mind, our entry point is set at 169.522. We propose a Take Profit at 169.02 to capitalize on the expected downward movement, while the Stop Loss is set at 169.968 to manage risk effectively.
Trade cautiously and manage your positions wisely. Good luck!
EURJPY JUNE 2OTH EURJPY still in dissonance as the market has not been able to trade above 4hr structure highs even though the daily is pushing to the upside with bullish momentum
SIMPLE EURJPYHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
SIMPLE EURJPY. 📚
👉As we can see price got stuck inside this huge range, and price is respecting our lower and upper bounds quite good.
👉Moreover, as the price will be approaching our upper bound and previous major highs, then we will be looking for new bearish reversal movement, Unless price managed to trade again lower to the lower bound of this range, then we will be looking for new longs instead. 📚
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
EURJPY Technical Analysis! SELL!
My dear followers,
I analysed this chart on EURJPY and concluded the following:
The market is trading on 169.60 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish
continuation.
Target - 169.04
Safe Stop Loss - 169.91
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
