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Eur-jpy

InvestMate|EUR/JPY Continued Increases💶💴💶💴EUR/JPY Continued Increases 💶💴That's how I perfectly predicted the support zone and future trend direction in the last post: 💶💴Yes and this time I come to you with an update of my perspective. 💶💴The direction remains unchanged. 💶💴Today's upward movement was fuelled by another 50-point interest rate hike in the Eurozone. 💶💴Ahead of us there is a strong resistance zone defined by a cluster of two levels. The first level is 1.272 of the last downward wave from the peak. The second is the 2014 peak. 💶💴There is a support zone below us. 💶💴Looking at the MACD and RSI, I have no doubts about the continuation of the movement. 💶💴We are above the 50 and 200 moving average. 💶💴The scenario I am playing out is a continuation of the upside to the vicinity of the resistance zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Long
by InvestMate
1
EURJPY can make a lower low? 🦐EURJPY after the recent low retraced to the previous resistance level. The price moved in a series of higher high higher lows and with the CPI news created a powerful red candle. How can approach this scenario? I will wait for a potential break of the support area and if that will happen i will be looking for a nice short order according to the Plancton's strategy rules. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
by InkyGrip
6
EURJPY: Very Bullish Pattern 🇪🇺🇯🇵 Hey traders, EURJPY is trading in a long-term bullish trend. The market set a new higher high in October and started a correctional movement then. The price formed a bullish flag pattern and established a minor bearish trend within. Since last week, the pair started to grow. Bulls managed to violate the resistance of the flag. It may trigger a trend-following movement. Next goals: 146.0 / 147.0 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Long
by VasilyTrader
8
EURJPY 4hour Analysis December 11th, 2022EURJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: We are looking bearish overall but we still need to see a few things before we can confirm more downside movement. Ideally price action continues bearish and proves so by breaking 143.000 support. Look for a confirmed lower high below to enter short. Trade scenario 2: If we are to see EJ as bullish again we would need to see quite a bit happen. We would need to first break the descending channel and 145.000 resistance. If we spot structure above we are confidently bullish on this timeframe.
Short
by ForexLeague
EURJPY - Sell into ralliesEURJPY - Intraday - We look to Sell at 145.00 (stop at 145.80) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Previous resistance located at 144.58. The 200 day moving average should provide resistance at 144.95. The trend of lower highs is located at 146.13. This is negative for sentiment and the downtrend has potential to return. Preferred trade is to sell into rallies. Our profit targets will be 142.80 and 141.70 Resistance: 147.25 / 151.00 / 155.00 Support: 141.70 / 140.10 / 138.85 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
Short
by VantageMarkets
1
EURJPY - Bias is still for lower levels EURJPY - Intraday - We look to Sell at 145.05 (stop at 145.85) Buying pressure from 143.17 resulted in prices rejecting the dip. The bias is still for lower levels and we look for any gains to be limited. The trend of lower highs is located at 146.14. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Our profit targets will be 142.80 and 142.40 Resistance: 144.30 / 147.25 / 151.00 Support: 141.70 / 140.10 / 138.85 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
Short
by VantageMarkets
InvestMate|EUR/JPY Change of plans💶💴💶💴EUR/JPY Change of plans 💶💴The market behaved exactly as I wrote in the previous post: 💶💴As you can see on the chart we have bounced off a strong support zone defined by a cluster of two levels. The first is the level of the 0.618 wave from the 2008 peak to the 2012 bottom and the second level is the 0.786 wave from the 2014 peak to the 2016 bottom. 💶💴And currently after the last few days I don't see how after such a strong move there is any talk of going lower in the next few weeks. 💶💴Ahead of us at the new peaks is a strong resistance zone defined on the basis of 3 levels. The first is the level of the last peak of 2014. The second is the outer fibo level of 1.618 of the entire downward wave from the 2018 peak to the 2020 bottom. The third level is 0.236 of the entire upward wave from the 2000 bottom to the 2008 peak. 💶💴The scenario that I am playing out is a continuation of the increases until new peaks are made. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 💶💴*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Long
by InvestMate
7
EURJPY 4hour Analysis December 4th, 2022EURJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: We are looking more bearish on EJ now as we saw a break of our major support level around 143.000. Going into this week we’re looking for lower highs to form below 143.000 so we may target lower. Trade scenario 2: For us to see EJ as bullish again it would require a break back above 143.000 with confirmed higher lows above. This move would invalidate any short potential we had for the time being.
Short
by ForexLeague
2
EURJPY - Trend-Following Buy Setup!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. EURJPY is overall bullish from a long-term perspective trading inside the brown channel, and it is currently retesting the lower brown trendline. Moreover, the zone 140.0 is a strong support zone . So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue support zone and lower brown trendline. (acting as non-horizontal support) As per my trading style: As EURJPY approaches the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
5
EURJPY - A higher correction is expectedEURJPY - Intraday - We look to Buy at 141.00 (stop at 140.20) We are trading at oversold extremes. A higher correction is expected. Previous support is located at 140.90. Further upside is expected although we prefer to buy into dips close to the 141.00 level. Our profit targets will be 143.35 and 143.85 Resistance: 144.85 / 148.40 / 151.00 Support: 140.90 / 139.10 / 136.95 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
Long
by VantageMarkets
EURJPY 4hour Analysis November 27th, 2022EURJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: Overall we are bullish as long as we are holding above 144.000. This 4hour timeframe shows a large amount of consolidation near 144.000 support which brings me to believe this has a strong chance of falling lower. If we are to turn bearish, look for a confirmed lower high below 144.000. Trade scenario 2: If we are to consider EJ bullish again we need to break this consolidation. Look for 1hour higher lows + convincing bullish variations to enter long.
by ForexLeague
InvestMate|EUR/JPY Monday's southbound play💶💴💶💴EUR/JPY Monday's southbound play. 💶💴It was once again time for the EUR/JPY in my execution. 💶💴After the beautiful downward slide that EUR/JPY made, I of course predicted that this would happen in previous posts on this pair. It' s time to attack the declines once again. 💶💴Looking at the appearance of Friday's downtrend candle and looking at the momentum with which the pair was falling against the euro just before the close of the session, it looks to me like the possibility of a continuation of the declines that could take place over the next few days. 💶💴 There is a strong support zone ahead. Really strong because this time I have measured all the waves one by one since the start of the quotation with fibo measures so that their effectiveness and strength is reinforced. 💶💴The support zone results from a cluster of two levels. The first is the level of the 0.618 wave from the 2008 peak to the 2012 bottom and the second level is the 0.786 wave from the 2014 peak to the 2016 bottom. 💶💴I determined the resistance zone based on the 0.886 level of the wave from the 2014 peak to the 2016 bottom and taking into account that this was a highly respected level in the past. 💶💴The scenario I am playing out is a continuation of declines to the level of a strong support zone. I am aware of the possibility of a correction at any time, this should be taken into account, If the outlook would change I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 💶💴 *Please do not suggest the path I have drawn with the lines this is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
Short
by InvestMate
6
InvestMate|EUR/JPY is just getting started💶💴💶💴EUR/JPY is just getting started. 💶💴The post is a commentary on my previous posts on the EUR/JPY in which I announced declines: 💶💴Those wishing to get a deeper perspective are referred to above. 💶💴At the moment, I just wanted to draw attention to the approaching strong support zone that stems from the 0.618 fibo level of the entire upward wave and I believe that, this is the level for the coming days that can be broken within a week or two.
Short
by InvestMate
16
EURJPY 4hour Analysis November 20th, 2022EURJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: We are still overall bullish but this chart is showing us it’s getting ready to break lowe. Going into this week we are looking for reactions from our 144.000 zone. Ideally, price action breaks below 144.000 and forms a lower high below. If this plays out it could send us into a massive short opportunity. Trade scenario 2: The other likely scenario is a bounce off 144.000 sending EJ back into the range. Look to target higher resistance levels.
Short
by ForexLeague