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Eur-jpy

EURJPY bearish continuation | 25th Jan 2022Price is abiding to the daily descending channel , signifying an overall bearish momentum. We can expect price to drop from the pivot level in line with 61.8% Fibonacci projection towards take profit level in line with horizontal support level and 161.8% Fibonacci projection . Our bearish bias is further supported by the Ichimoku cloud indicator where the price is holding below it. 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.
Short
by FXCM
4
EURJPY bearish continuation | 25th Jan 2022Price is abiding to the daily descending channel, signifying an overall bearish momentum. We can expect price to drop from the pivot level in line with 61.8% Fibonacci projection towards take profit level in line with horizontal support level and 161.8% Fibonacci projection. Our bearish bias is further supported by the Ichimoku cloud indicator where the price is holding below it. 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.
Short
by Rockqet
1
EURJPY retest the 0.382 Fib 🦐EURJPY on the 4h chart is moving inside a 4h correction channel. The price after the recent high at 131.500 created a rounded top and start the descending phase with a lower low lower waves patter. We can notice how the previous top was the 0.618 Fibonacci level of the previous bearish waves on the daily chart (blue). How can we approach this scenario? Currently, the market is testing the resistance at the 4h 0.382 fib level and we will check a possible inversion to place a short order according to our Academy rules for a continuation to the downside. --–– 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
2
EURJPY 4hour Analysis January 23th, 2022EURJPY Bearish Idea Weekly Trend: Bullish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: We are also looking very bearish here on EJ and how price action reacts at this 129.000 level will determine what we do next. Ideally, we see a break of 129.000 with a lower high below to enter short on. Trade scenario 2: If price action bounces off 129.000 it is likely price action will continue higher toward the next zone near 130.000.
Short
by ForexLeague
💡Don't miss the great sell opportunity in EURJPYTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (129.59). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURJPY is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 35. Take Profits: TP1= @ 128.52 TP2= @ 128. 01 TP3= @ 127.51 TP4= @ 127.18 TP5= @ 126.44 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_World
15
💡Don't miss the great sell opportunity in EURJPYTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (129.59). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURJPY is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 35. Take Profits: TP1= @ 128.52 TP2= @ 128.01 TP3= @ 127.51 TP4= @ 127.18 TP5= @ 126.44 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity
4
EURJPY bearish momentum! | 20th Jan 2022Prices are on bearish momentum and abiding to our descending channel. We see the potential for a dip from our sell entry at 130.509 in line with 61.8% Fibonacci retracement and 78.6% Fibonacci extension. Prices are trading below our ichimoku clouds, further supporting our bearish bias. 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
Short
by Rockqet
EURJPY potential for further downtrend | 19th Jan Price is trading in a descending channel and near sell entry price of 129.880 which is also 78.6% Fibonacci projection and 38.2% Fibonacci retracement. Price can potentially dip to the take profit level of 128.285 which is in line with 78.6% Fibonacci retracement. Our bearish bias is supported by stochastic indicator as it is at support level. 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
Short
by Rockqet
EURJPY Buy Scalp Opportunity Welcome back! Here's an analysis of this pair! COMMENT BELOW and let us know your thoughts or questions! ** BUY Signal for EURJPY using KiSS Strategy or your own strategy. We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Long
by BKTradingAcademy
2
EURJPY 115pips ShortHello trades, today we have ourselves a EURJPY short. If you like this idea be sure to check out my other ideas below! We can see a double top appear in this pair which is a very common reversal signal. We are aiming for 115 pips with a risk of 15 pips which gives us a risk ratio of 7.67:1 This means for every £1 we risk, we are earning £7.67 Take a look at the reversal pattern post below where you can familiarise yourself with the reversal patterns & what to look out for! 👀
Short
by Pips-Collector
Possible trend shift in EURJPY – going short | 14th Jan Signal ID: 79068 Time Issued: Friday, 14 January 2022 06:00:15 GMT Status: open Entry: 130.32 - 130.734 Limit: N/A Stop Loss: 131.356 The Tidal Shift Strategy has just sold EURJPY at 130.527. The system recommends entering this trade at any price between 130.32 and 130.734. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -2.13, which suggests that the EURJPY could be trending downwards.The 14-period Average True Range on a daily chart is 0.166, so the stop loss has been set at 131.356. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours. 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.
Short
by Rockqet
EURJPY potential for further uptrend | 13th JanPrice is trading in an ascending channel and near buy entry price of 131.041 which is also 61.8% Fibonacci retrtacement and 78.6% Fibonacci projection. Price can potentially go to the take profit level of 132.942 which is also 100% Fibonacci projection. Our bullish bias is supported by the ichimoku cloud indicator. 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