EURJPY can move further low? 🦐EURJPY after our last analysis moved as expected to the support area.
The market is now trading over a weekly support and already retested the trendline.
According to Plancton's strategy if the price will break below and satisfy the ACADEMY conditions we will set a nice short order.
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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.
Eur-jpy
EURJPY bearish continuation | 23rd Nov 2021Price is abiding to the descending trendline resistance, signifying bearish momentum. We can expect price to drop from pivot level in line with 127.2% Fibonacci projection and 61.8% Fibonacci retracement towards 1st Support in line with 61.8% Fibonacci retracement. Our bearish bias is further supported by price holding below the ichimoku Cloud.
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.
EURJPY is on a bearish momentum! | 22 Nov 2021Prices are on bearish momentum. We see potential for a dip from our sell entry at 129.056 which is an area of Fibonacci confluences towards our Take Profit at 127.997 in line with 200% Fibonacci projection and graphical swing low. Technical indicators are showing bearish momentum.
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.
EURJPY can make a lower low? 🦐EURJPY on the 4h chart is trading in a descending channel.
The market after the recent low retraced over the daily structure at the 0.382 Fibonacci level.
According to Plancton's strategy if the price will break below and satisfy the ACADEMY rules we will set a nice short order.
--––
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.
EURJPY is on a bearish momentum! | 19 Nov 2021Prices are on a bearish momentum and consolidating in a bearish channel. We see potential for dips from our sell entry at 129.839 in line with 23.8% Fibonacci retracement, 78.6 Fibonacci extension and 23.6% Fibonacci retracement towards our Take Profit at 129.435 in line with 78.6% Fibonacci retracement and 61.8% Fibonacci retracement. Technical indicators are showing bearish momentum.
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.
EURJPY - LONG POSITION (8HR) Overall bullish on EUR and JPY so kinda conflicted on this pair despite confluences stacking up. Need to see candle rejections in order to re-enter as I have already taken significant pain on this trade.
Confluences:
- Bullish market structure confirmed by trend line and breakout and retest of downtrend
- Rejection of blue region
- Rejection of 71% fib area
- significant rejection candles at the fib level
EURJPY for longThe euro fell, with fears of a strong outbreak of the Corona virus again within the union.
Technically, the EURJPY is approaching good potential selling areas, supported by the approaching completion of the bat harmonic pattern in an extended area from 129.10 to 128.60 as a stop loss with a target of up to 132.40, with the first target being 130.70
# EURJPY in the weekly it is bullish #EURJPY
we had triangle in the chart and we had 5 wave📉
but 5wave is over
and we will have ABC wave📈and i draw the price target in the long time
and we had up trend
all says we are in ascending
if you like this analys and want to see more follow like and comment
good luck
EURJPY potential for further downtrend | 11 NovPrice is near sell entry price of 130.745 which is 50% Fibonacci retracement and 127.2% Fibonacci projection . Price can potentially dip to the take profit level of 129.386 which is also 78.6% Fibonacci retracement and graphical overlap support. Our bearish bias is supported by ichimoku cloud indicator as price is trading under 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
EURJPY potential for further downtrend | 11 NovPrice is near sell entry price of 130.745 which is 50% Fibonacci retracement and 127.2% Fibonacci projection. Price can potentially dip to the take profit level of 129.386 which is also 78.6% Fibonacci retracement and graphical overlap support. Our bearish bias is supported by ichimoku cloud indicator as price is trading under 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
EURJPY on further downtrend | 10th NovPrice is trading on a descending trendline and is near the sell entry price of 130.708 which is 50% Fibonacci retracement and 127.2% Fibonacci projection. Price can potentially dip to the take profit level of 129.476 which is also 78.6% Fibonacci projection. Our bearish bias is further supported by ichimoku cloud indicator as price is trading under 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
Trading Ideas for 10/11/2021Hi there there are some ideas that I have.
---Disclaimer---
I am not a registered financial adviser and hold no formal qualifications to give financial advice. Everything that is provided in this video is purely for educational purposes only. All information here should be independently verified, researched and confirmed.
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
EUR/JPY Signal - EUR Trade Balance - 9 Nov 2021EURJPY has traded into support prior to the French Trade Balance data, which shows the difference between imports and exports. Technically price is at channel support, trading in a bull flag pattern. Structure also supports price above 130.470. We anticipate a bounce into previous support turned resistance.
EURJPY potential for bounce | 5th Nov Price is trading in descending trend line and at buy entry price of 131.183 which is also 100% Fibonacci projection and 38.2% Fibonacci retracement. Price can potentially go to the take profit price of 132.368 which is also 127.2% Fibonacci projection. Ourbullish bias is supported by stochastic as it is trading on an ascending trendline.
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.
EURJPY on a round bottom retracement 🦐EURJPY on the 4h chart after the recent high retraced over a support.
The price is in an accumulation phase and according to Plancton's strategy if the market will break above we can set a nice long order.
--––
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.
EURJPY SELLThis is a trade that I'm looking to enter here shortly but I'm not going to post it as an actual signal, I don't want to waste y'alls time and pips... So I'll leave this one open to you... if it drops below the blue square enter on the sell and if it doesn't wait for my next post where I'm looking for a BOS and another entry.