Eur-jpy
EUR/JPY Long IdeaHello Traders
After a long drop, EUR/JPY finally showed some strength. We believe price will continue upward after a short retracement.
Reasons:
1-Price broke out of consolidating zone.
2-Bottom of channel did its support job.
3-We can see a strong big green candle(looks like buyers stepped in).
4-Downward trendlines in Price and RSI has been broken.
5-Bullish Reveal Divergence in RSI.
Thanks for Reading
Team Fortuna
-RC
EURJPY bearish momentum! | 7th Dec 2021Prices are on bearish momentum. We se potential for a dip from our Pivot at 128.518 in line with 50% Fibonacci retracement and 127.2% Fibonacci extension towards our Take Profit at 127.489 in line with our graphical swing lows. Technical indicators are showing bearish momentum. Alternatively, our stop loss will be placed at 129.039 and bearish 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 4hour Analysis December 5th, 2021EURJPY Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: We are full bearish right now on EJ. We’re looking to continue with this trend and we’re waiting for a break of 127.500 with a lower high below.
Look to enter short and target lower toward 126.500
Trade scenario 2: For us to consider EJ bullish we would need to see a higher low above 128.850.
EURJPY is experiencing bearish pressure! 2 Dec 2021Prices are facing bearish pressure and abiding to our bearish trendline. We see the potential for a dip from our sell entry at 128.458 which is an area of Fibonacci confluences towards our Take Profit at 127.493 in line with 100% and 127.2% Fibonacci extension. 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.
Breakout Identified in EURJPY | 1st DecSignal ID: 78503
Time Issued: Wednesday, 01 December 2021 04:23:16 GMT
Status: open
Entry: 128.284 - 128.649
Limit: 129.121
Stop Loss: 127.659
The Breakout Opportunities system has just bought EURJPY at 128.492. The system recommends entering this trade at any price between 128.284 and 128.649. The signal was issued because the EURJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.251, suggesting that the EURJPY may have further to rise. A stop loss has been set at the 24-hour low of 127.659 and a profit target has been set at the 1 Day ATR level at 129.121. The system will move the stop to the next 24-hour low every time that 24-hour low is higher than the previous 24-hour low. Breakout Opportunities is a breakout strategy that aims to catch the significant moves that typically happen when currencies break through technical support or resistance.
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
Breakout Identified in EURJPY | 1st Dec Signal ID: 78503
Time Issued: Wednesday, 01 December 2021 04:23:16 GMT
Status: open
Entry: 128.284 - 128.649
Limit: 129.121
Stop Loss: 127.659
The Breakout Opportunities system has just bought EURJPY at 128.492. The system recommends entering this trade at any price between 128.284 and 128.649. The signal was issued because the EURJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.251, suggesting that the EURJPY may have further to rise. A stop loss has been set at the 24-hour low of 127.659 and a profit target has been set at the 1 Day ATR level at 129.121. The system will move the stop to the next 24-hour low every time that 24-hour low is higher than the previous 24-hour low. Breakout Opportunities is a breakout strategy that aims to catch the significant moves that typically happen when currencies break through technical support or resistance.
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
Possible trend shift in EURJPY – going short | 29th NovSignal ID: 78478
Time Issued: Monday, 29 November 2021 04:00:15 GMT
Status: open
Entry: 127.854 - 128.602
Limit: N/A
Stop Loss: 129.724
The Tidal Shift Strategy has just sold EURJPY at 128.228. The system recommends entering this trade at any price between 127.854 and 128.602. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -1.059, which suggests that the EURJPY could be trending downwards.The 14-period Average True Range on a daily chart is 0.299, so the stop loss has been set at 129.724. 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.
Possible trend shift in EURJPY – going short | 29th Nov Signal ID: 78478
Time Issued: Monday, 29 November 2021 04:00:15 GMT
Status: open
Entry: 127.854 - 128.602
Limit: N/A
Stop Loss: 129.724
The Tidal Shift Strategy has just sold EURJPY at 128.228. The system recommends entering this trade at any price between 127.854 and 128.602. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -1.059, which suggests that the EURJPY could be trending downwards.The 14-period Average True Range on a daily chart is 0.299, so the stop loss has been set at 129.724. 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.
⚜ EURJPY Long 450pipsHello Traders, 🙋♂️🙋♂️🙋♂️
Here we have a EURJPY long trade idea. If you like this idea please show your support!
We can see a break in the WFB line which has also performed another double bottom.
EUR
The EURO ( EUR ) has been impacted by the new COVID-19 variant. This has impacted the EURO drastically. However, we are beginning to see control in Europe.
Portugal - Portuguese Prime Minister António Costa announced on Thursday (November 25) that the country will reintroduce tighter pandemic restrictions.
Czech Republic - A 30-day state of emergency comes into effect on Friday (November 26) as the Czech Republic sees record-high COVID-19 cases.
Slovakia - Slovakia declared a 90-day state of emergency and a two-week lockdown following a spike in COVID-19 cases that saw the country’s seven-day average of cases rise above 10,000.
These are the few fundamental factors which will help make the EURO stronger. Also technically we can see there is strength expected as there is a double bottom & we can see much resistance in this area.
On the other hand we still have the virus spreading and EU countries are locking down or protesting. We must keep this in mind.
JPY
The Japanese Yen ( JPY ) has very strong last week. This has made many XXXJPY pairs very weak especially CADJPY which has had dropped 270pips on Friday alone!
We are expecting some JPY weakness as we can see many XXXJPY pairs at their structure zones which correlate. Such as GBPJPY
We can see the price is in a structure level and DAILY EMA zone
There is also some bad news forecasted for Retail Sales on the fundamental side which will push JPY down in value.
If you want to improve your trading, do not hesitate to send me a message! 📲
Please trade with caution and make sure you set your stop losses! Happy Trading 😁
Be sure to check out my other ideas below!
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EURJPY is on bearish momentum! | 26 Nov 2021Price on a bearish momentum. We spot a potential sell entry at 128.518 in line with 127.2% Fibonacci extension towards our Take Profit at127.499 in line with 200% Fibonacci extension and 100% 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 Potential for uptrend | 25th NovSignal ID: 78391
Time Issued: Thursday, 25 November 2021 03:11:15 GMT
Status: open
Entry: 129.224 - 129.526
Limit: 129.979
Stop Loss: 128.771
The Breakout Opportunities system has just bought EURJPY at 129.375. The system recommends entering this trade at any price between 129.224 and 129.526. The signal was issued because the EURJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.369, suggesting that the EURJPY may have further to rise. A stop loss has been set at the 24-hour low of 128.771 and a profit target has been set at the 1 Day ATR level at 129.979. The system will move the stop to the next 24-hour low every time that 24-hour low is higher than the previous 24-hour low. Breakout Opportunities is a breakout strategy that aims to catch the significant moves that typically happen when currencies break through technical support or resistance.
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 uptrend | 25th Nov Signal ID: 78391
Time Issued: Thursday, 25 November 2021 03:11:15 GMT
Status: open
Entry: 129.224 - 129.526
Limit: 129.979
Stop Loss: 128.771
The Breakout Opportunities system has just bought EURJPY at 129.375. The system recommends entering this trade at any price between 129.224 and 129.526. The signal was issued because the EURJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.369, suggesting that the EURJPY may have further to rise. A stop loss has been set at the 24-hour low of 128.771 and a profit target has been set at the 1 Day ATR level at 129.979. The system will move the stop to the next 24-hour low every time that 24-hour low is higher than the previous 24-hour low. Breakout Opportunities is a breakout strategy that aims to catch the significant moves that typically happen when currencies break through technical support or resistance.
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 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.
--––
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 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.