Eurjpyforecast
EURJPY Buy Set UpLooks to me like EJ is heading up to retest the 144 zone. From there I will look to buy or sell. You'll notice on the chart, I also have small zones marked up. those are just 30 minute zones to try and scalp during the day if the opportunity presents itself. However, for now, I strongly believe that EJ will be heading to 144. Of course if EJ shows a different path then I will adapt. Price is also trading above my SMA.
Let's see how today goes.
EURUSD and EURJPY top-down analysis todayHello 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.
DeGRAM | EURJPY reached the resistanceEURJPY is in a bullish trend.
Price action tested the major resistance zone at 144.000.
Price pulled back and we expect it to retest the resistance zone.
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EURJPY Top-down analysis todayHello 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.
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW- EUR FEATURE currently stands at 1.0538 LEVEL. It's just below the DYNAMIC S / R LEVELS. Also the JPY FEATURE is getting a bit down. It stays at 0.0074 LEVEL. The EURJPY PRICE rests above the DYNAMIC S / R LEVELS. So most of the time the PRICE can be UP again in the form of STRUCTURE. Then there will be DOWN.
- Currently the OVERALL MARKET is RISK OFF. STOCKS is currently showing a GREEN MIXED BIAS. Also VOLATILITY has been getting somewhat DOWN since last evening. Also COMMODITIES shows a DOWN SIDE BIAS. Currently there is only one RISK OFF TONE in the market. Therefore, all currencies such as NZD CAD AUD may definitely be somewhat DOWN in the future. Also JPY CHF can be UP.
- EURJPY PRICE can be UP to 144.177 LEVEL before DOWN. Then you can DOWN to LEVEL 135.116. The PRICE will move according to this week's ECONOMIC INDICATOR DATA and MARKET SENTIMENT. The next few days can be a bit important.
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW- EUR FEATURE currently stands at 1.0735 LEVEL. It stays above the DYNAMIC S / R LEVELS. Also the JPY FEATURE is getting a bit down. It stays at 0.0076 LEVEL. The EURJPY PRICE rests above the DYNAMIC S / R LEVELS. So most of the time the PRICE can be UP again in the form of a STRUCTURE. Then there will be DOWN.
- Currently the OVERALL MARKET is RISK ON. STOCKS is currently displaying a GREEN SIDE BIAS. And the VOLATILITY is getting a bit DOWN. Also COMMODITIES show a UP SIDE BIAS. Currently there is only one RISK ON TONE in the market. Therefore, in the future, all currencies such as NZD CAD AUD can definitely be UP. Also JPY CHF can be DOWN.
- The EURJPY PRICE can be UP to 141.407 LEVEL before DOWN. You can then DOWN to LEVEL 135.116 by BREAKING the TREND LINE. The PRICE will move according to this week's ECONOMIC INDICATOR DATA and MARKET SENTIMENT. The next few days can be a bit important. A SHARK PATTERN is currently being created in EURJPY.
EURJPY A Great Buying OpportunityTrade Proposal:
There is a probability of first tp to the proposed ( 150.00 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis: EURJPY Waiting for the Range Bound and the beginning of the Ascension Trend.
Long Position on EURJPY-4HHello Traders !
This is a technical view on EURJPY , we're looking to taking a long position on EJ in the next few hours. For the following reasons:
After the last big rally on EJ, the price was stuck in between levels: 134.00 Support & 140.00 Resistance, then we saw a fake break down at 134.00 Support as is shown in the Weekly Time-frame. It's close with that strong support.
Also, we had a retest last week at the same level of Support and started pushing to the upside, as the price pushing to up side the market has created a fresh demand area at 135.50 & 135.20 of Daily Support.
As a result, it gives us another opportunity to ride with the market to continue its move upwards targeting a resistance level at 138.50, which has never been tested yet. We expect that move to happen in a few days, maybe by the end of this current month.
TRADE CAUTIOUSLY..
EUR/JPY Long Trade UpdateHey Guys!
The current eur/jpy weekly bias is long. Or in other words, price is likely to reach 139.98 before reaching 124.34
The long entry I was mentioning last week was triggered, however I need a pullback to the 136.00 levels for a long entry due to overall risk managment. In this post, I explain how I will be trading this set up, as well as how I will be
managing this long trade if entered.
That's it! I'll keep you guys updated!
Ken
Disclaimer: This is not Personal Financial Advice.
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW- EUR FEATURE currently stands at 1.0740 LEVEL. It rests on DYNAMIC S / R LEVELS. Also the JPY FEATURE is UP. It stays at 0.0077 LEVEL. The EURJPY PRICE rests above the DYNAMIC S / R LEVELS. So most of the time the PRICE can be UP again in the form of a STRUCTURE. Then there will be DOWN.
- Currently the OVERALL MARKET is RISK ON. STOCKS is currently displaying a GREEN SIDE BIAS. Also the VOLATILITY is getting a bit DOWN. Also COMMODITIES still shows a NEUTRAL BIAS. Currently there is only one RISK ON TONE in the market. Therefore, in the future, all currencies such as NZD CAD AUD can definitely be UP. Also JPY CHF can be DOWN.
- EURJPY PRICE can be DOWN to 138.203 LEVEL before DOWN. Then you can DOWN to 133.770 LEVEL. The PRICE will move according to this week's ECONOMIC INDICATOR DATA and MARKET SENTIMENT. The next few days can be a bit important.