EUR/JPY - Potential Buy Reentry H4 TFTechnical analysis based on Basic BBMA strategies( Bollinger Band and Moving Average). This is just a potential market projection where the market price can go. Trade wisely.
EURJPY trade ideas
EURJPY BREAKOUR OR FAKE OUT?The recent breakout in the EUR/JPY currency pair can be attributed to a confluence of macroeconomic factors and technical signals. Primarily, the divergence in monetary policy between the European Central Bank (ECB) and the Bank of Japan (BoJ) has created a favorable environment for the euro to appreciate against the yen. The ECB's inclination towards tightening monetary policy in response to persistent inflationary pressures in the Eurozone contrasts sharply with the BoJ's continued commitment to maintaining its accommodative stance, including negative interest rates and yield curve control. This divergence has led to increased capital inflows into the Eurozone, bolstering the euro's value. Additionally, technical analysis indicates that the pair broke through a significant resistance level, triggering further buying momentum as traders sought to capitalize on the upward movement. Coupled with improved economic indicators from the Eurozone and ongoing geopolitical uncertainties in Asia, these elements collectively contributed to the EUR/JPY breakout, signaling potential for further appreciation in the near term.
Breakout on EURUSDThe bearish pressure in EURUSD continues, and yesterday it broke the previous low.
The next support levels are 1,0783 and 1,0745.
Meanwhile, EURJPY has broken the resistance of its sideways movement.
If the rise continues, the target will be 167,35!
GBP is performing better than EUR, which adds extra strength to GBPJPY.
These are the opportunities we review daily in the premium channel!
EUR/JPY Sellers Test Support Amid Bullish Long-Term OutlookHello,
FX:EURJPY sellers are stepping in heavily at the moment, aiming for further support tests. However, despite minor fluctuations, the long-term outlook remains bullish.
TradeWithTheTrend3344
EUR_JPY SHORT FROM RESISTANCE|
✅EUR_JPY went up to retest a horizontal resistance level of 163.665
Which makes me locally bearish biased
And I think that a move down
From the level is to be expected
Towards the target below at 162.600
SHORT🔥
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EUR/JPY Technical Analysis:(READ DESCRIPTION)EUR/JPY Technical Analysis: Upside Potential with Key Support at 162.53
Pivot Point: 162.53
The pivot at 162.53 is a crucial support level for EUR/JPY, acting as the foundation for potential upward movement. As long as the pair holds above this level, bullish momentum could take the price higher.
Our Preference: Long Positions
Recommended Trade:
Long positions are favored as long as the price remains above the 162.53 pivot point. This could lead to a significant move toward higher resistance levels.
Target Levels for Upside Movement:
First Target: 164.52
This is the main upside target where traders may aim to take profits or assess further bullish continuation.
Alternative Scenario: Downside Risks
If the price drops below 162.53:
Bearish Outlook:
First Target: 161.79
Second Target: 161.35
These levels serve as potential support zones if a bearish trend emerges.
Technical Insights:
RSI Indicator:
The RSI is above 50, signaling bullish momentum. This suggests that the price has potential to rise further as buying interest increases.
MACD Indicator:
The MACD is positive but below its signal line, indicating potential short-term retracement before the uptrend resumes.
Moving Averages:
The price is trading above both the 20-period and 50-period moving averages (163.03 and 162.76, respectively), reinforcing the bullish outlook.
eurjpy long resultseurjpy
long
targets 1 2 3 4 done
all targets done
66% lev x 100
13% lev x 20
congratulations followers
you have to learn, tireless. You have to make sacrifices to be a good trader: dedicate time, invest money, win some, lose some, invest money to train, you must never be discouraged.You must learn to one day be a winner and financially free.
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EUR/JPY For Bullishyou can go long now
or
wait for break the current resistance at red arrow and then go long
- General Trend is Up
- JPY under pressure
have fun :)
EURJPY sell ahead of resistanceWe are targeting a sell entry at 163.3, as current sentiment indicators signal overbought conditions. This suggests a potential short-term reversal, making this an opportune moment to position for a downside move.
I am also expecting EUR to cut rates this week.
EURJPY #EURJPY
Price is ranging between supply and demand and currently reacting to the supply zone. If price doesn’t break the supply zone, then expect pullbacks to the demand and also a break to the indicated OB on the chart. 📈
Don't sell. If you see a bearish trend or confirmation on the lower TF, then you can sell to the demand.
EURJPY: Technical Outlook ExplainedEURJPY is currently trading in a tight range on the 4-hour chart.
To confirm a bullish trend, wait for a break above the upper boundary of the range at 163.58, with a potential target of 164.50.
Conversely, a break below the support of the range could lead to a bearish continuation towards the 161.20 support level.
EURJPY / LONG / H1EURJPY may rise from the Bullish Order Block!
EURJPY is approaching a key bullish order block zone. If the price touches this zone, we can anticipate a potential upward momentum. It's advisable to consider a direct entry at the current price level, as there is a high probability that the price will rise from the given order block.
Bullish Order Block: 162.667 and 162.194
Resistance: 163.581 and 163.442
I used Smart Money Concepts (SMC) to analyze the charts, which has a high success rate for predicting market movements.
ENTRY PRICE :- 162.667
TAKE PROFIT :- 163.218
STOP LOSS :- 162.110
eurjpy longeurjpy
long
Please don't be greedy
ENTRY : yellow point
TP : blue lines
SL :
below red line for LONG position
above red line for SHORT position
INSTRUCTIONS:
For risk and money management:
5% of your wallet for LEV X ≤20
And
3% of your wallet for LEV X ≥ 20
SMALL DROP ON EJ ??The bearish trend is likely to continue on the 15 min indicating potential shorting opportunities. Price likely headed towards the inverse 15 min support level.
ONLY TIME WILL TELL
EURJPY upmoveEURJPY can show upmove from this level if it holds the trendline . The consolidation looks good .
EUR-JPY Potential Short! Sell!
Hello,Traders!
EUR-JPY has reached a
Horizontal resistance level
Of 163.880 and we are
Already seeing a bearish
Reaction we will be expecting
A further move down
Sell!
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Check out other forecasts below too!
EURJPYEURJPY,the monthly structure shows that eurjpy is still bearish while the weekly is bullish.
so on intraday look for a strong demand and supply level to buy and sell.
if you get cut on the sell in the wrong analysis it will be painful, because the monthly is bearish and is trading on bearish impulse
EURJPYEURJPY, remains locked on a bullish bias despite japanese currency twist unexpectedly.
price ifaces mmediate hurdle which is also a litmus test for uptick ,i believe that patience is the only key to a clean trade .its best to wait on break and retest from supply roof to seat on demand floor for buy.
EUR_JPY BEARISH BIAS|SHORT|
✅EUR_JPY was trading in
An uptrend but is now ranging
Beneath the horizontal resistance
Level of 164.000 from where
We will be expecting a
Local bearish move down
SHORT🔥
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EUR/JPY SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
EUR-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 162.425 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the EUR/JPY pair.
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EURJPY I Potential slight pullback and more growthWelcome back! Let me know your thoughts in the comments!
** EURJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
EURJPY Sellers In Panic! BUY!
My dear subscribers,
This is my opinion on the EURJPY next move:
The instrument tests an important psychological level 162.28
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 - 162.72
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
