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Eur-jpy

Selling EURJPY at previous support.EURJPY - Intraday - We look to Sell at 146.20 (stop at 147.10) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. The hourly chart technicals suggests further upside before the downtrend returns. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Our profit targets will be 143.70 and 141.70 Resistance: 147.25 / 151.00 / 155.00 Support: 144.30 / 141.70 / 140.10 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.
Short
by OANDA
EURJPY Potential For Bearish ContinuationThe overall bias for EURJPY on the H4 chart is bearish. In addition, the price is below the Ichimoku cloud, indicating a bearish market. Looking for a pullback sell entry at 145.634, where the 23.6% Fibonacci line is located. Stop loss will be set at 147.110, where the previous swing high is. Take profit will be at 141.677, where the 61.8% Fibonacci line is located. 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.
Short
by VantageMarkets
EURJPY 4hour Analysis November 13th, 2022EURJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: We are looking bearish on the 4hour timeframe but higher timeframes point to bullish still. With our eyes on our key zone, 144.000, we’re looking for reactions to better understand where price action is going next. Ideally, if we continue bearish we want to see a lower high below 144.000 support with convincing bearish variations to short on. Trade scenario 2: The other likely scenario is price action rallying from 144.000 support up to higher resistance zones.
Short
by ForexLeague
1
EUR/JPY Beautiful descent time to continue.💶EUR/JPY Beautiful descent time to continue. 💶As I wrote about the EUR/JPY's descent today in the Asian session. For a comprehensive explanation I refer you below: 💶I see that after sharp declines there is again an opportunity to join the declines. 💶All due to the correction we made in the European session hours. 💶There are 2 scenarios. 💶Either we will start falling now or we will still make a climb to the 0.618 level from where the declines will be consecutive. 🚀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
2
EURJPY can move further low? 🦐EURJPY on the 4h chart after my previous analysis retraced at the 0.786 Fibonacci level. The market after a distribution phase dropped below a daily resistance and is now back above giving a confirmation of the lower low lower high series. How can i approach this scenario? I will wait for the EU market open and if the price will break below i will look 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
4
EURJPY 4hour Analysis November 6th, 2022EURJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: We have been very bullish on EJ but as of lately we are seeing a 4hour bearish trend. Going into this week we’re looking for the classic break and retest. Price action is currently resting at our 146.250 zone and we’re waiting for reactions. If we are to continue bearish, look for rejection that confirms this lower high and target lower toward 144.000 Trade scenario 2: If we are to look for bullish setups we would need EJ to break back above 146.250 and form a convincing higher low.
Short
by ForexLeague
2
EURJPY time to retrace 🦐EURJPY on the 4h chart after my previous analysis retraced at the 0.786 Fibonacci level and is now trading above the 0.618. The market struggled to break the resistance level and following a strong bullish trend some retacement can be expected How can i approach this scenario? I will wait for the EU market open and if the price will break below i will look 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
14
EURJPY Huge bullish break-out!The EURJPY pair emphatically broke above the June Resistance Zone confirming our view of the market since early August. This continues to repeat the fractal of 2020 as we pointed out in our last analysis: This helped us make this accurate projection as the price got rejected initially on the Resistance Zone and after pulling-back to the 1D MA50 (blue trend-line) it rebounded again emphatically above the Resistance Zone this time and even hit the 4.0 Fibonacci extension, which was our Target. If the fractal continues to play out, then we should see an extension of this rise to the next Fib 4.5 which is at 152.550. Basically based on the RSI on the 1W time-frame, we are in a spot similar to late February 2021, after the RSI broke above its Lower Highs trend-line. Only a closing below the 1D MA200 (orange trend-line) can reverse this long-term bullish trend and drop the price as low as the 1W MA200 (red trend-line) and the bottom of the 2021 Fibonacci Channel. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
1
EURJPY 4hour Analysis October 30th, 2022EURJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: EJ is still holding at this high and is still overall bullish. Going into this week we’re looking for bullish rejection from 146.250 minor support. Essentially we want to see a clear continuation up to 148.000 resistance. Trade scenario 2: If we are to consider EJ bearish this week we would need to see a break below 146.250 with a confirmed lower high below.
Long
by ForexLeague