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Eur-jpy

EURJPY 4hour Analysis October 16th, 2022EURJPY Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: All timeframes are back to bullish trends and price action is now right near a key zone, 144.000. Going into this week it’s more likely that we will continue bullish and see price action break 144.000 and form a higher low above. Look to target toward 148.000 if this happens. Trade scenario 2: If price action falls back through 144.000 look for strong rejection + bearish variations to confirm a new bearish trend.
Long
by ForexLeague
EURJPY can move further low? 🦐EURJPY on the 4h chart after my previous analysis dropped to the 138 level as expected. The market retraced then at the 0.786 Fibonacci level and is now trading above the 0.5. 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.
Short
by InkyGrip
4
EURJPY 4hour Analysis October 9th, 2022EURJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: EJ has been overall very bullish but here on the 4hour timeframe we’re looking more bearish, especially after the recent break of our 142.000 zone. Going into this week we’re looking for the 4hour trend to continue bearish. We will look for short scenarios after a confirmed lower high forms below 142.000. Look to target lower toward 140.000 support. Trade scenario 2: For us to consider EJ bullish again we would first need to see a break back above our 142.000 zone with a higher low above.
Short
by ForexLeague
EURJPY ends the retracement? 🦐EURJPY on the 4h chart after my previous analysis dropped to the 138 level as expected. The market retraced then at the 0.786 Fibonacci level and is now trading above the 0.5. 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.
Short
by InkyGrip
6
EURJPY can move further low? 🦐EURJPY on the 4h chart after my previous analysis dropped to the 138 level as expected. The market retraced then at the 0.5 Fibonacci level and is now trading above the 0.382. 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.
Short
by InkyGrip
4
EURJPY time to retrace 🦐EURJPY after the strong bullish impulse took a break, The price show us some red candle and some more retracement can be seen. How can I approach this scenario? I will wait for a break below the support area and in that case 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.
Short
by InkyGrip
10
EURJPY 4hour Analysis September 25th, 2022EURJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: EJ has been overall bullish for a while but recently we have been seeing a major down trend since rejecting our 144.000 zone. If we are to continue bearish we ideally need to see a bit of consolidation with significant bearish variations to follow. Look to target toward lower support levels. Trade scenario 2: If we are to consider EJ bullish again we would first need to see a break back above 140.000 with a higher low above.
Short
by ForexLeague
EURJPY 4hour Analysis September 18th, 2022EURJPY Neutral Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1:We are still overall very bullish but we are currently forming a head and shoulders pattern near 144.000 resistance. Going into this week we need to wait and see if the head and shoulders will complete or if price action will remain bullish. Look for a break of 142.000 with a lower high below to enter short. Trade scenario 2: If price action breaks above 144.000 look for a higher low above to consider long scenarios.
by ForexLeague
2
EURJPY Buy opportunity upon a pull-back.The EURJPY pair is pulling back currently after marginally breaking above the June Resistance Zone. This continues to repeat the fractal of 2020 as we pointed out in our last analysis: As you see the projection was correct as the price rebounded exactly on the 1D MA200 (orange trend-line) just like on November 02 2020 and hit the Resistance Zone. If the fractal continues to play out, then it was on January 15 2021 when the price pulled-back and hit the 1D MA50 (blue trend-line) and extended the rise. The 1D MA50 is now at 138.710 and rising rapidly. Most likely contact will be made once the MACD on the 1W time-frame completes that Bullish Cross that is emerging. Our long-term target is 147.500, just below the 4.0 Fibonacci extension. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
by TradingShot
EURJPY looking for a correction.EURJPY - Intraday - We look to Buy at 142.80 (stop at 141.80) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A lower correction is expected. The bias is still for higher levels and we look for any dips to be limited. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Our profit targets will be 145.80 and 147.25 Resistance: 147.25 / 151.00 / 155.00 Support: 144.30 / 141.70 / 138.85 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