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Eur-jpy

💡Don't miss the great buy opportunity in EURJPYTrading suggestion: . There is a possibility of temporary retracement to suggested support line (123.8). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURJPY is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 50. Take Profits: TP1= @ 124.65 TP2= @ 125.10 TP3= @ 126.00 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 trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
12
EURJPYEURJPY is coming back to retest the previous months low of 123.000 after a clear break to the downside. The value looks to have formed a clear level of what many refer to as support and resistance or supply zones. We have approached this area several times and always rejected/reversed. The pair is currently at this area of interest and I have a short position in place on anticipation of another rejection. with a 25 to 30 pip stop loss and over a 250 pip take profit the trade is more than worth entering. Risk management is crucial as always and the lot size has been calculated to the stop loss as every entry is based on how much can be lost not how much can be gained.
Short
by AidanFucile
1
Breakout Identified in EURJPYSignal ID: 73920 Time Issued: Friday, 06 November 2020 03:42:15 GMT Status: open Entry: 122.102 - 122.495 Limit: 121.550 Stop Loss: 123.122 The Breakout Opportunities system has just sold EURJPY at 122.286. The system recommends entering this trade at any price between 122.102 and 122.495. The signal was issued because the EURJPY has broken its 24-hour low while our Speculative Sentiment Index was at 1.648, suggesting that the EURJPY may have further to fall. A stop loss has been set at the 24-hour high of 123.122 and a profit target has been set at the 1 Day ATR level at 121.55. The system will move the stop to the next 24-hour high every time that 24-hour high is lower than the previous 24-hour high. Breakout Opportunities is a breakout strategy that aims to catch the significant moves that typically happen when currencies break through technical support or resistance.
Short
by FXCM
3
EURJPY on a minor retracement move 🦐EURJPPY after breaking below the daily structure hit the ascending trendline and retest the resistance area at the 0.5 fib level. The price on the 4h chart is moving inside a minor ascending channel. IF the price will break and close below we will set a nice short according to Plancton's strategy. ––––– 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 4hour Analysis November 1st, 2020EURJPY Short Idea Weekly Trend: Bullish Daily Trend: Bearish 4hour Trend: Bearish Overall this pair is very bearish and is a bit overextended. We are looking to continue with the bearish trend but need to see a high probability setup to enter on. Trade scenario 1: Price action pulls back to form structure and then continues bearish. Look to enter on a lower high after structure at the 38.2% fib is formed. Target lower toward major support around 120.800 Trade scenario 2: For us to consider long opportunities we need to see a break and retest of our 4hour resistance level at 123.000. Enter long on strong bullish setups after the confirmed higher low. Target major resistance at 124.700.
Short
by ForexLeague
EURJPY testing the channel 🦐EURJPY on the daily chart is moving inside a daily channel within a major weekly one. The price now reached the lower trendline nearby daily support at 123 level. IF the price will break and close below the support area we will set a nice short order according to Plancton's strategy. ––––– 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
Possible trend shift in EURJPY – going shortThe Tidal Shift Strategy has just sold EURJPY at 122.41. The system recommends entering this trade at any price between 122.22 and 122.6. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 2.318, which suggests that the EURJPY could be trending downwards.The 14-period Average True Range on a daily chart is 0.152, so the stop loss has been set at 123.171. 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. Signal ID: 73840 Time Issued: Thursday, 29 October 2020 08:00:16 GMT Status: open Entry: 122.22 - 122.6 Limit: N/A Stop Loss: 123.171 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 interests 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 here. Past Performance is not an indicator of future results.
Short
by FXCM
EUR/JPY SELLThis is what I call support (chart 1). High volume, strong support level, EMA 200 and a fresh low price, since July (chart 2), but...is that enough to be bullish? I wouldn't say. First of all, on a daily basis, the price is still bearish, and not even a Pin, which means, except a support, US session didn't bring significant gains for EUR against JPY. Additionally, JPY looks still bullish, whereas EUR is bearish. And one secret behind candles. There is a 38% imbalance between bulls and bears since the beginning of 2020. Recommendation: Start to open small bullish positions, but expecting lower prices. Any lower price will bring more buyers. #berichh
Short
by The_Rich_Bull
EURJPY - SWING - 26. SEPT. 2020Welcome to our weekly trade setup ( EURJPY )! - 1 HOUR Strong break and pressure! 4 HOUR Sideways moving market structure..Expecting another bullish wave. DAILY Overall in a bullish market after a pullback. - FOREX SWING BUY EURJPY ENTRY LEVEL @ 123.990 SL @ 123.450 TP @ 124.810 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
Long
by DACapitalTrading
22
EURJPY 4hour Analysis October 25th, 2020EURJPY Long Idea Weekly Trend: Bullish Daily Trend: Bearish 4hour Trend: Bullish Trade scenario 1: Looking bullish on this pair as this timeframe trend is pointing that way. We need to see a break and retest with a confirmed higher low above our daily level at 124.745. Enter long on bullish setups confirming the higher low and target higher toward key resistance at 126.500 Trade scenario 2: Price action drops and turns bearish. Look to enter on a lower high below our 4hour level at 123.000. Target lower toward our weekly support level at 121.000
Long
by ForexLeague