Get started

Eurjpyanalysis

EURJPY ShortThis pair, which had a fast bearish momentum back in 22nd September, needed to fill the gap / neutralize the long wicks which were formed at that point. The price is now at a major support zone (the zone where the breakout initiated) and offered some resistance. I anticipate that the price might not break out of the pivot point as it acted as a zone where the big players need to activate the sell orders which were not initiated. My entry point is @142 and My stop loss @baspui1436 My target is at the next major market zone, @138.0 My Take Profit point are 141.0, 140.0, 139.0, and 138.0 My R:R IS 1: 4 Remember, risk only 1 - 2 % of your account.
Short
by Vapari_Inc
2
EURJPY ShortAccording to the higher timeframes (W,M), the price has been forming a rising channel / flag, which might be a major indication of a bearish momentum. Also, according to the market sentiment, 65% of the traders are net short and the percentage is decreasing each week, suggesting many are shifting to the long term position of the price. According to how I interpret this, then the price will have a bearish momentum, to move out of favour for the traders who are shifting to the bullish strategy. My long term strategy is 134.3, and the next series of analysis will be to come up with entry positions using smaller timeframes.
Short
by Vapari_Inc
1
EUR/JPY Long Trade UpdateHey Guys! The current weekly bias on the Eur/Jpy is short. Or in other words, price is likely to reach 124.38 before reaching 145.63. However, like I've been mentioning over the last couple months, the EurJpy has overarching long strength, thus I am waiting for the weekly bias to revert back to long so I can take a long entry. As of today, there is a possibility that the weekly bias may go back to long. In this post I explain the reasoning behind the long entry and the possible confirmation of the weekly bias reverting back to long for the long entry. That's it! I'll keep you guys updated! Ken Disclaimer: This is not Personal Financial Advice.
Long
by TradingForexPriceAction
1
⭕️SELL EURJPY at the best Price 😉 💣🔰You can see the analysis of the Euro to Japanese Yen currency pair in a 15-minute time frame (EURJPY_ 15min)💣🔍 💥Considering the breaking of the up trend line🖤 by the price, if the price returns to the SUPPLY zone, it may fall to the DEMAND zone🔻🧐 Do you think this analysis can be profitable❓ I hope the analysis was useful for you🤍🌹 📌Please introduce the channel to your friends 🙏🏻 _______📈TRADER STREET📉________
Short
by TRADER_STREET
EUR/JPY Long TradeHey Guys! The current weekly bias on the Eur/Jpy is short. Or in other words, price is likely to reach 124.38 before reaching 145.63. However, like I've been mentioning over the last couple months, the EurJpy has overarching long strength, thus I am waiting for the weekly bias to revert back to long so I can take a long entry. In this post I explain the reasoning behind the long entry as well as what I'll be looking for, for the long entry. That's it! I'll keep you guys updated! Ken
Long
by TradingForexPriceAction
3
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY - There is currently a DOWNSIDE BIAS for EURJPY. With JPY being STRONG, XXXJPY CURRENCIES are selling very fast right now. MARKET RISK is still being OFF. EVEN IF VIX UP, XXXJPY CURRENCIES BUY VERY FAST WITH JPY WEAKNESS. Maybe EURJPY can reach 138.651 LEVEL and it has gone down.. 138.65 is a very good SUPPORT LEVEL.. - Some NEWS coming for the USD will help to weaken or strengthen the EURO. But in the future, if the RATE HIKE SENTIMENT is PRICED by the ECB, EURO may be BUY more. For that, the support of EURO STOCKS and VIX must be received. - Anyway, the price can move to the area I mentioned and after that the EURJPY price can move back to the 147.692 LEVEL. For that, VIX should be DOWN and JPY should be WEAK.
by benny_marshall
EURJPY | Very Risky Scenario That Can Develop These DaysEURJPY | Very Risky Scenario That Can Develop These Days In this chart I have presented a very risky scenario that can develop today and tomorrow probably considering the time frame of the chart. It is very risky as the trend is very bullish and this is going to be only a small correction compared to the bigger picture. I am not a big fun of selling XXXJPY pairs right now as the BOJ is actually not reacting at all and that is not good. The trading scenario is on the chart! Thank you and Good Luck!
Short
by KlejdiCuni
30