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Eur-jpy

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.
Short
by Rockqet
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
Short
by FXCM
2
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
Short
by Rockqet
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
Short
by Rockqet
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.
by Hudondonch
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.
Long
by Rockqet
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.
Long
by InkyGrip
10
EURJPY potential for dip | 3rd NovPrice is trading in a descending trendline and near the sell entry price of 132.391 which is 100% Fibonacci projection and 50% Fibonacci retracement. It can potentially dip to the take profit level of 130.889 which is 50% Fibonacci retracement. Our bearish bias is supported by the 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.
Short
by Rockqet
EURJPY 4hour Analysis October 31st, 2021EURJPY Bullish Idea Weekly Trend: Bearish Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: We are also overall bullish on EJ with new structure formation. Only issue is we can see what seems to be an expanding pattern meaning price action is stuck in high volume consolidation. Ideally we want to wait for the pattern to break and in our favor of the trend. This means we will wait for a higher low to form above 132.700. Trade scenario 2:. It is likely price action will continue in this pattern for a while so look for strong reversals off our 132.700 resistance.
Long
by ForexLeague
EURJPY on a bull run 🦐EURJPY on the daily chart created a double bottom over daily support. The price bounce at a confluence point near to dynamic support over the 0.5 Fibonacci level with a string bullish impulse to the upside. The pair is now trading near to the previous recent high and we could see some consolidation and retracement before a possible break. According to Plancton's strategy if the market will break above the resistance and satisfy the ACADEMY rules we will 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.
by InkyGrip
12