eurjpy analysis elliot. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
JPYEUR trade ideas
EURJPY Will Grow! Long!
Here is our detailed technical review for EURJPY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 158.366.
Considering the today's price action, probabilities will be high to see a movement to 161.846.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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EURJPY Trade Alert: Watch This Key Zone for a Potential Rebound!In my view, EURJPY is overextended. It has reached a key support zone on the higher timeframe. I'm watching for a retracement and a potential counter-trend trade back into resistance. In the video, we covered the trend, market structure, price action, and a possible trade setup. This is not financial advice.
EURJPY buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
EURJPY BUY PROJECTION EURJPY moves just like GJ, This week has been filled with lots of invalid entries and price not hitting my POI , But this EURJPY I think is my only understandable set up for this week.
As we can see price is in a demand zone in the daily TF, so am looking for only long till the night falls, just a simple break out , retest to the POI and go long
EURJPY - Short active !!Hello traders!
‼️ This is my perspective on EURJPY.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect bearish continuation after price filled the gap. As well we have hidden divergence for sell.
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EURJPY Will Explode! BUY!
My dear friends,
Please, find my technical outlook for EURJPY below:
The instrument tests an important psychological level 159.31
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 160.59
Recommended Stop Loss - 158.73
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
Bullish EUR/JPYEUR/JPY is at a verry strategic spot, it has swept most of buy side liquidity and I believe it is time for it to give us a reversal and target Sell side liquidity.
I am expecting a break above that level then searching for entry at the retest but right now the trend is about to change.
EUR/JPY BEST PLACE TO BUY FROM|LONG
Hello, Friends!
We are targeting the 163.408 level area with our long trade on EUR/JPY which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option.
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EURJPY: Take Profit at 158.96The USD has emerged as one of the best performing currencies after risk aversion spiked in the immediate aftermath of the tariff announcements by the Trump administration over the weekend. Market sentiment has been improving somewhat since then, however, on the back of investor hopes that the announcements were part of President Donald Trump’s negotiation tactics. As a result, the prospects for further USD-gains will increasingly depend on the relative growth and inflation outlook between the US and the rest of G10.
We also think that the US economy could be better able to cope with an all-out global trade war than most of its trading partners but note that international investors have a huge exposure to US stocks and that they could cut some of these longs if the US growth outlook deteriorates in the coming months. This could limit any USD gains vs the other safe-haven currencies like the JPY, CHF and even the EUR.
#003 Obvious Trend EURJPY Sell 1358SGT 04022025Selling.
Will come back at 9pm SGT tonight.
Time now is 1359SGT, i will have to go work abit of grab now that I am feeling better.
I can't understand how Ooooooman says he worked 19 hours or so for some time to collect incentives but later on fall sick for a week or so.
Now I understand.
I didn't work extremely long hours but I fell ill prolly due to the prolong rain and extremely cold weather of 20degree celsius in Singapore which isn't common.
I missed the sun LOL.
1403SGT 04022025
EURJPY Potential Longs - Short & Long Term (Technical Analysis)Technical Outlook:
Looking at previous price movement, we see it's been trending up since August 2024, with the last reaccumulation phase ending in early 2024. We recently saw a demand chain, but the last push couldn't quite hit new highs. Supply then took over, driving the price back down to a daily demand level. At this point, we've seen some strong bullish reactions on the lower timeframes, which is interesting and here's why -
Potential Scenarios & Probabilities:
Scenario 1 (High Probability) – Demand should regain control, leading to a bullish breakout.
Scenario 2 (Medium Probability) - Price could range within the ascending channel for a while.
Scenario 3 (Low Probability) – The bulls might disengage, resulting in a bearish break and continuation thereafter.
Trading Considerations:
Price is currently in a discounted zone within the ascending channel (158.000 – 168.000) . We can look for trading opportunities within this range, focusing on strong supply and demand areas, anticipating the eventual bullish breakout. A long position closer to the bottom of the range could turn into a swing trade. If you're trading inside the range on lower time frames, it's smart to keep an eye on volume, overbought/oversold levels, and relative currency strength.
Final Notes:
With the price moving sideways for a good six months, range trading is definitely a possibility. But the real goal is to catch that bullish breakout when it happens, and it looks like it's getting close. As always, manage your risk carefully, and don't hesitate to take the trade when the setup is right – assuming you've got a solid plan and a clear target in mind.
OANDA:EURJPY
EUR/JPY - Preparation for the Interest Rate Hike on Friday - BOJHi guys , we would be looking in a shorter term trade on the GBP/JPY looking to chase at least 100 pips in a down turn , we have a positive expectation that the Bank of Japan would hike the interest rate on Friday from 0.25 to 0.50. I do agree that 25 basis points isnt a lot , but in a status that it took BOJ two years of sitting on negative interest rate to finally start balancing their sheets and looking to increase it, would give a positive approach into a better stability for the Japanese economy and more specifically the Japanese Yen!
Entry: 161.300
Target: 160.300
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!
EUR/JPY - Extremely oversold, it's time for a correctionHi guys we would be looking into EUR/JPY today.
From a tecnical perspective we have a big gap that we need to cover, and to get back into the structured balance of the pair, an Ascending Channel is formulating giving us an indication that the price should increase.
Entry: 158.600
Target 1: 159.600
Target 2: 160.600
Target 3: 161.600
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!
Lingrid | EURJPY short from PSYCHOLOGICAL levelThe price perfectly fulfills my last idea. It hit the target. The price broke through the psychological level at 161.000 before pulling back. Overall, FX:EURJPY is in a bearish trend, with the price consistently making lower lows and lower closes. I anticipate that the price may rise to retest the channel boundary, trendline, and resistance before continuing to decline and making lower lows. On the daily timeframe, the price filled the gap and then moved above the previous day's high, which could be a false breakout. Consequently, I expect a decline from this level, followed by a retest of the support. My goal is the support level at 159.500
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻