Get started

Eurjpyanalysis

EUR/JPY Long Trade UpdateHey Guys! The current eur/jpy weekly bias is short. Or in other words, price is likely to reach 124.41 before reaching 148.44. So if I get a pullback to the 147.44 price level, I'm willing to take a short entry with a stop loss at 148.44 and its main target at 124.41. That said, since this pair has overarching long strength on it, I am ultimately waiting for long confirmation for this pair. In this post I explain the reasoning for my decisions. That's it ! I'll keep you guys updated! Have a great day! Ken
Long
by TradingForexPriceAction
1
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY - Currently there is an UP SIDE BIAS for EURJPY. XXXJPY CURRENCIES BUYED VERY FAST IN THE PREVIOUS WEEKS WITH JPY WEAK AFTER THE INTERVENTION. Somehow it is being RECOVERED again. MARKET RISK is still ON. VIX is going DOWN, XXXJPY CURRENCIES SHOULD BE BUY FAST NOW. - Some NEWS coming for the USD will help strengthen the EURO. Because the reason for that is because the NEWS related to USD is quite weak and USD has got a weak SENTIMENT. But in the future, if the RATE HIKE SENTIMENT is PRICED by the ECB, EURO may be BUY more. For that, the support of EURO STOCKS and VIX must be received. We have no more confirmation that the EURO is likely to be WEAK. EURJPY can sell at 141.070 level before BUY. After that you can BUY at 150.00 LEVEL. If the MAIN STRUCTURES BREAK anyway, EURJPY price can definitely be BUY at 147.00 LEVELS.
by benny_marshall
20 reasons for Sell EURJPY 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1 ✨Eagle eye: Multi years Sideways market current candle bullish and tao upper side resistance 2 📆Monthly: Rejected by monthly Resistance, and the current candle is Bearish 3 📅Weekly: Clear Up trend, but the price is Corrective phase now 4 🕛Daily: structural bear toward FVG or Ob 😇7 Dimension analysis 🟢 analysis time frame: Daily 5: 1 Price Structure: Bear 6: 2 Pattern Candle Chart: Big Doji /higher low lower low 7: 3 Volume: good Volume at selling candles 8: 4 Momentum UNCONVENTIONAL Rsi: Sideways 9: 5 Volatility measure Bollinger bands: Below middle band bearish w type formation 10: 6 Strength ADX: strength in for bearish side 11: 7 Sentiment ROC: Currently, JPY perform well against Eur ✔️ Entry Time Frame: H4 12: Entry TF Structure: Bear 13: entry move: Impulse 14: Support resistance base: rejected at previous Resistance 15: FIB: Done trigger event ☑️ final comments: Sell right now 16: 💡decision: Sell 17: 🚀Entry: 144 18: ✋Stop losel:145.2 19: 🎯Take profit:140.8 20: 😊Risk to reward Ratio:1:3.5 🕛 Excepted Duration:5 days
Short
by Optimum369
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY - Currently there is an UP SIDE BIAS for EURJPY. XXXJPY CURRENCIES BUYED VERY FAST IN THE PREVIOUS WEEKS WITH JPY WEAK AFTER THE INTERVENTION. Somehow it is being RECOVERED again. MARKET RISK is still ON. VIX is going DOWN, XXXJPY CURRENCIES SHOULD BE BUY FAST NOW. - Some NEWS coming for the USD will help strengthen the EURO. Because the reason for that is because the NEWS related to USD is quite weak and USD has got a weak SENTIMENT. But in the future, if the RATE HIKE SENTIMENT is PRICED by the ECB, EURO may be BUY more. For that, the support of EURO STOCKS and VIX must be received. We have no more confirmation that the EURO is likely to be WEAK. EURJPY can be SELL at 145.56 level before BUY. After that you can BUY at 152.00 LEVEL. If the MAIN STRUCTURES BREAK anyway, EURJPY can definitely buy at 150-151 LEVELS.
by benny_marshall
EURJPY: an upcoming BEARISH CONTINUATION?Hello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the EURJPY, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: In HTF, the market reached and broke the previous swing high level, forming a series of LTF reversal structures which could be a sign of market reversal and shift of momentum from bullish to bearish. Overall, in LTF we can see a formation of a head and shoulder pattern and the price is currently correcting inside the right shoulder. When, where and why would we step into the market? In the scenario of breakout to the downside, there is a high probability to see further bearish continuation, targeting the level at around 141.00, about the previous swing low. The setup would be valid if the price broke impulsively and correct once out of the current corrective structure. If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
Short
by Cybernetics_tl
22