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Eur-jpy

EURJPY Potential for Bullish Rise to previous swing highLooking at the H4 chart, my overall bias for EURJPY is bullish with the current price being above the Ichimoku cloud , Looking for a buy entry at 142.730, where the overlap support and 38.2% Fibonacci line is. Stop loss will be at 139.556, where the previous swing low is. Take profit will be at 146.730, where the previous swing high is. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
1
EURJPY Potential for Bullish Rise | 24th February 2023Looking at the H4 chart, my overall bias for EURJPY is bullish with the current price being above the Ichimoku cloud , Looking for a buy entry at 142.730, where the overlap support and 38.2% Fibonacci line is. Stop loss will be at 139.556, where the previous swing low is. Take profit will be at 146.730, where the previous swing high is. 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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by Rockqet
Joe Gun2Head Trade - Short term top on EURJPY?Trade Idea: Selling EURJPY Reasoning: Short term top on EURJPY? Wave count, top pattern, VPOC. Entry Level: 143.03 Take Profit Level: 142.00 Stop Loss: 143.32 Risk/Reward: 4.24:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Short
by Signal_Centre
EURJPYEURJPY has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis. In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram. ⚠️ Disclaimer: This is a personal opinion and you are responsible for any trading decisions.
Short
by HamidRamezani1992
EURJPY a buy opportunity 🦐EUR/JPY after breaking above the daily resistance and reaching the 143.500 resistance level has tested the 0.5 Fibonacci level and retested the resistance level, a potential strategy would be to wait for a break above the resistance level to confirm the bullish momentum. Once the price breaks above the resistance level, the trader could set a long order with a stop loss according to the MTB strategy. The target profit level could be set at the next major resistance level or a round number level such as 145.00. Alternatively, the trader could use a trailing stop to capture as much profit as possible as the price continues to move higher. It is important to note that technical analysis is not a guaranteed predictor of future price movements, and traders should always use proper risk management strategies to protect their capital.
by InkyGrip
14
EURJPY Strong buy signal within a 1 year Channel UpThe EURJPY pair is on a three day bullish streak above both the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line). The pattern for almost a year is a Channel Up, which has a very clear recurring bullish formation. After every 1-month (approximately) Channel Down (red pattern) and a U-shaped reversal on the 1D RSI, the price rises. We have so far 3 such occurrences, two rose by +7.5% and one by +5.25%. Based on this, since the price hit in January twice the bottom (Higher Lows trend-line) of the Channel Up and the RSI has reversed, we are long. We pursue the moderate target of +5.25% which would be 146.900. If you wish to go all the way for the +7.50%, target 150.000, which will hit also the top (Higher Highs trend-line) of the Channel Up. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
10
EURJPY can break above? 🦐The double bottom pattern that formed on the EURJPY Daily chart after the recent low suggests that there was a period of selling pressure that eventually led to a reversal. The impulse to the upside that followed and tested the daily resistance level multiple times shows that buyers are in control and are attempting to break through this level. Currently, the market is in an accumulation phase between the resistance and the 50% Fibonacci level. This suggests that buyers and sellers are assessing their positions and waiting for a clear direction before committing to a trend. As a trader, you could look for a break above the daily resistance level as a potential long entry signalaccording to the MTB Strategy Rules. This could indicate that buyers have gained enough momentum to push through the resistance and continue the uptrend.
by InkyGrip
10
EURJPY Potential for Bullish Rise | 14th February 2023Looking at the H4 chart, my overall bias for EURJPY is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 141.017, where the overlap support is. Stop loss will be at 139.556, where the recent low is. Take profit will be at 143.416, where the overlap resistance is. 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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by Rockqet
EURJPY to find support at previous swing low?EURJPY - Intraday - We look to Buy at 140.10 (stop at 139.50) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. We are trading at oversold extremes. This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher. Indecisive price action has resulted in sideways congestion on the intraday chart. Preferred trade is to buy on dips. Our profit targets will be 141.60 and 141.85 Resistance: 142.70 / 144.85 / 148.40 Support: 139.10 / 136.95 / 133.40 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. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
EURJPY moving in a channel.EURJPY - Intraday - We look to Buy at 140.40 (stop at 139.80) Selling pressure from 141.98 resulted in all the initial daily gains being overturned. The current move lower is expected to continue. Previous support located at 140.55. Further upside is expected although we prefer to buy into dips close to the 140.40 level. Our profit targets will be 141.80 and 142.10 Resistance: 142.70 / 144.85 / 148.40 Support: 140.90 / 139.10 / 136.95 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. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
EURJPY 4hour Analysis January 22nd, 2023EURJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: Looking bearish on EJ with some dramatic swings in both directions as of recent. Going into this week we want the bearish trend to continue but we need to see more clear price action. Ideally, price action slows down and shows us clear rejection from 140.750. A little bit of consolidation would do us good at this moment. If this happens we can consider shorts down to 138.000 support. Trade scenario 2: If we want to consider long scenarios we need to see price action push through 140.750 resistance and start forming structure above.
Short
by ForexLeague
1