Eurjpyanalysis
EURJPY A Great Selling Opportunity 🤨👌Trade Proposal:
There is a probability of first tp to the proposed ( 135.775 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis:
EURJPY is in Downtrend and It is Expected to Continue Downtrend.
EURJPY | Perspective for the new weekFollowing the strong bullish momentum identified on the daily time frame, and considering the reversal structure noticed on the daily time frame it appears that we are on a verge of a retracement phase which could probably tend towards between 50 to 78.6% retracement of the impulse leg from a long term perspective.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
EURJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EUR/JPY Running In 100 Pips , New Entry Point To Get 500 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
One Of The Best Places To Can Sell EUR/JPY With 300 Pips TargetThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EURJPYEURJPY has been respecting the supply zone it formed on the 1hr tf. My bias for this pair is that I am expecting it to continue with its short term pull back until the 45min/1hr demand zone where depending on how price reacts I will be looking to take on long positions back to the upside. There is also a 15min OrderBlock right below the 45min/1hr demand, however, the 45min/1hr zone looks more promising for potential entries for long positions. Do your due diligence first.
EUR/JPY Short Trade UpdateHey Guys!
As you guys know, the assumed weekly bias was short. Or in other words, price is likely to reach 114. 40 before reaching 133.68. (Though the main target has changed. Explained in the video.)
However, due to long confirmation forming on the 1h chart for the last 2 weeks, I did not take any further short entries. That said, I did take a loss of -$1800 from the initial short entry I took about 1 month ago.
In this video, I explain what I learned from the loss and moreover my outlook for this pair in the coming weeks.
That's it!
Have a great day guys!
Ken
Disclaimer: This is not Personal Financial Advice.
EURJPY LONGEURJPY has been moving in a down trend for serval day. Current price action suggests that the pair might be in for a short term bullish correction.
The patterns we spotted which are in line with our short term up trend basis include an inverse head and shoulders pattern in Daily and H4 time frames
with the H4 being the more clearer. We have also spotted a trendline breakout, close and retest followed by a change in market structure by the breakout,
close and retest of our key level. The target for this particular trade is around the 132.6**The risk reward for the trade currently stands at around 6.81 to 1.
We plan to hold this particular trade until out target is reach or close manually as per the rules of our trading plan.
EUR/JPY Short Trade UpdateHey Guys! Just a quick update!
As you guys know the current weekly bias on the Eur/Jpy is still short. Or in other words, price is likely to reach 114. 40 before reaching 133.68. (Though the main target has changed. Explained in the video.)
In this video, I explain the short position I'm currently holding and the reasons why I took the entry, as well as how I plan to trade this set up in the coming days and weeks.
That's it! I'll keep you guys updated!
Have a great day!
Ken
Disclaimer: This is not Personal Financial Advice.
EURJPY A Great Selling Opportunity 🤨👌Trade Proposal:
There is a probability of first tp to the proposed ( 128.500 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis:
EURJPY is in Downtrend and It is Expected to Continue Downtrend.
The Best Levels To Can Sell EUR/JPY , Many Setups In This Video This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EUR/JPY Short Opportunity: Heading to its trendline resistanceFundamentally EUR is under pressure because of the Russia-Ukraine war. But JPY is also weak a lot. As a result EUR/JPY has advanced nearly 650 pips from its recent swing lows. There is no credit for EUR in such up. Just because the JPY is too weak.
"The longer the war continues, the more likely it becomes that the real economic and inflationary effects for the eurozone will be significant. And that is why that prospect is negative for all EUR-related pairs.
EUR/JPY is one of the major indicators for the stock. If EUR/JPY drops, I have seen the stock also drops. That's why investors use EUR/JPY as a stock indicator.
European countries invest more in the military, defense, and security sectors than their economy. So, if the Russia-Ukraine war keeps continuing, the European economy will harm a long time.
So, I don't think EUR will remain strong against JPY based on the present condition.
So, if we get EUR/JPY in trendline resistance level, there could be a good chance to short EUR/JPY.
ER/JPY short zone ( Trendline Resistance Zone): 132.50/133.00
Stop Out level:
Above the trendline resistance level and high swing zone: 134.30/134.50
Target zone 1: Immediate trendline support: 130.00/129.85
Target Zone 2: 127.50/127.00