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Eur-jpy

EURJPY 4hour Analysis May, 2nd, 2021EURJPY Long Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: Overall we are very bullish on this pair and are looking to continue with that trend. At the current level we are a bit over extended so we are going to wait for a higher low before entering long. Look for the higher low to form at our 61.8% for 38.2% fib level with a strong reversal and bullish confirmations. Enter long and target higher toward prior highs. Trade scenario 2: For us to consider EJ bearish we ideally need to see a break back below 130.600. Look to enter short after we can confirm a lower high below 130.600.
Long
by ForexLeague
EURJPY - How And Where To Enter This Beautiful Short 🎯Ascending patterns are usually reversal patterns. We can clearly see that on the daily timeframe , EURJPY has been within an ascending wedge and is now losing momentum. We may see one more move up before dropping. However, it can drop from here. Either way, it's okay as we're not trying to be proactive. We want the market to show it's hand and be REACTIVE. By being reactive, we give ourselves a higher chance of executing great trades with great entries. See the diagram in the chart as to how to enter. We want the ascending wedge to break and retest the daily level before dropping. We can have a really tight entry above the correction and ride this trade down atleast 500pips! See links below for more information and smaller timeframe analysis. Goodluck and trade safe!
by WicktatorFX
2
EURJPY - How And Where To Enter This Beautiful Short 🎯Ascending patterns are usually reversal patterns. We can clearly see that on the daily timeframe, EURJPY has been within an ascending wedge and is now losing momentum. We may see one more move up before dropping. However, it can drop from here. Either way, it's okay as we're not trying to be proactive. We want the market to show it's hand and be REACTIVE. By being reactive, we give ourselves a higher chance of executing great trades with great entries. See the diagram in the chart as to how to enter. We want the ascending wedge to break and retest the daily level before dropping. We can have a really tight entry above the correction and ride this trade down atleast 500pips! See links below for more information and smaller timeframe analysis. Goodluck and trade safe!
by WicktatorFX
7
💡Don't miss the great buy opportunity in EURJPY Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (131.10). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURJPY is in an uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 77. Take Profits: TP1= @ 131.75 TP2= @ 131.95 TP3= @ 132.40 SL= Break below S2 ❤️ 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 ❤️
Long
by ForecastCity
6
EURJPY looks poised for another 200 pips in MayWith this month ending in a few days, I'm preparing for May. The yen looks the most definitive heading into may, and it looks bearish overall, with that in mind, combined with EUR strength, EURJPY should rise. When we look at structure you can see that we have what I will call "never ending exhaustion" EURJPY, looks like its getting tired, but it just keeps going up in a ugly fashion. I hate this type of behavior to be honest lol. I think the next logical price we see actual sell momentum step in is at the green prices, or just above them. Until then I'll be watching the H1 and H4 for buy opportunities. The way we tested the prior point of control tells me the banks added more buying positions, and will continue for the next week or two. You don't need to predict the next 4 moves in the market to make money. You just need high probability. EURJPY looks highly probable for 150-200 pips, now just drop down on the smaller charts and pick it apart until those pips get eaten. Logic: Institutions need to close positions at the red line. Green lines are where possible retail buy limits are sitting. Good luck, -Gio
by elevatedinvestor
EURJPY - FOREX - 26. APR. 2021Welcome to our weekly trade setup ( EURJPY )! - 1 HOUR Bullish reaction towards main sr level. 4 HOUR Expecting bearish pressure now. DAILY Looking forward a bearish price break.. - FOREX SETUP SELL EURJPY ENTRY LEVEL @ 130.420 SL @ 130.900 TP @ 129.750 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
22
EURJPY ready for a break to the upside? 🦐EURJPY is moving inside an ascending channel. The market after a consolidation move between 2 structures broke below and perfectly tested the lower trendline. From there the price created a nice bullish impulse and close the daily candle below the resistance zone at 130.500. According to Plancton's strategy if the price 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
6
EURJPY 4hour Analysis April 25th, 2021EURJPY Long Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: Overall we are bullish on EJ but we are clearly within a large range. Playing toward the bullish scenario we want to wait for a higher low above 130.600 and outside the range. Look to enter long on bullish setups after the higher low and target higher toward key resistance around 132.000. Trade scenario 2: You could short within the range if we can spot a strong reversal at 130.600 but for us to consider EJ bearish we need to see a lower high below 130.000. Look to target lower toward key levels of support.
Long
by ForexLeague
EURJPY 4hour Analysis April 18th, 2021EURJPY Long Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: Overall we are bullish on EJ but we can clearly see that we are stuck in a range. I am favoring a bullish breakout here because this heavy consolidation is occurring at a high and also at key resistance. Wait for a break above resistance at 130.600 with a higher low to confirm. Target higher toward our -27% fib level. Trade scenario 2: For us to comfortably short EJ we need this range to break bearish. Enter short on a lower high below 130.000 and target key levels of support.
Long
by ForexLeague
EURJPY testing the recent highs 🦐EURJPY is moving near the 130.600 area at the recent highs. The market after a new test of the resistance created a triple top. According to Plancton's strategy if the price will break below we can 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.
Short
by InkyGrip
2
EURJPY facing bearish pressure, potential for reversal!Price is holding below the Ichimoku cloud and descending trendline resistance,, showing bearish pressure in line with our bearish bias. We could potentially see price reverse at 1st resistance, in line with 50% Fibonacci retracement and horizontal pullback resistance, and drop further towards 1st support, in line with 100%, 127.2% Fibonacci extension and horizontal swing low support. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Short
by TradeGATEHub
4
EURJPY 4hour Analysis April 11th, 2021EURJPY Long Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: Price action is currently very bullish and recently found support at 130.000 before rallying. Now we’re mid rally and need to wait for a pullback with a confirmed higher low to enter long. Look to target toward our -27% fib level. Trade scenario 2: For us to consider short opportunities on EJ we need to first see a break back below 130.000 with a lower high below. Look to target lower toward key support levels.
Long
by ForexLeague
EURJPY on a double top 🦐EURJPY created a double top below a daily resistance at the previous highs. The price is now moving inside a minor channel at the top and according to Plancton's strategy if the price will break below 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.
Short
by InkyGrip
4
EURJPY for new recent highs 🦐EURJPY is consolidating below a daily structure near to the previous recent highs. According to Plancton's strategy if the price will break above and the conditions will be satisfied 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.
Long
by InkyGrip
EURJPY facing bullish pressure, potential for more upside!Prices are facing bullish pressure from 1st support which is in line with ascending trendline support, horizontal swing low support, 78.6% Fibonacci retracement and 61.8% Fibonacci extension. Prices might push up towards 1st resistance, which is in line with horizontal swing high resistance, -27.2% Fibonacci retracement, 127.2% Fibonacci retracement. If prices push even lower, prices might hit 2nd support which is in line with horizontal swing low support, 100% Fibonacci extension and 127.2% Fibonacci retracement. Ichimoku cloud is also below prices, showing a bullish pressure for prices.
Long
by TradeGATEHub
3
BUY on EURJPYHello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it. As we can see, the price is inside its Ascending Channel and also broke and did a Retest. Let us know your views on this in the comment section. Thank you all. There is good news for our followers. We will be analyzing on-demand. So let us know which pair you want our analysis on, and we will get it for you. Do like and follow us.
Long
by Ryan_lopes