Eurjpylong
EURJPY - Short from bearish orderblock ✅Hello traders!
‼️ This is my analysis on EURJPY .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill that huge imbalance higher and then to reject from bearish orderblock + institutional big figure 145.000.
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The EURJPY tends towards the positivity – AnalysisDespite the EURJPY pair’s recent weak trades, attempted to provide additional pressures on the moving average 55 at 142.10 showing the chances of resuming the bullish attack in the near term and medium term period.
Since the price surpassed the current obstacle and closed positively above it, it confirms moving to the next correctional station, to expect achieving many gains that might start at 142.60 and 143.30 levels.
The EURJPY ends the decline – AnalysisThe EURJPY pair hinted getting rid of the domination of the bearish bias by forming correctional bullish rally, to surpass 138.80 barrier and achieve some gains by touching 140.75 level.
I notice that stochastic begins to provide the positive momentum, while I assure the importance of monitoring the price now and wait to surpass 140.95 to avoid any sideways fluctuation, to target new positive stations that might start at 141.55 and 142.20.
EURJPY LongThe price reached its lower low, and I am anticipating that the price will continue with its bullish momentum. This is due to the clients' sentiment which now indicates that the majority of the traders are trading in bearish.
My entry position is 138.6, my SL is 137.4 and my target TP is 142.0
EUR/JPY LongThis pair should complete the channel pattern , with a potential breakout .
My idea is that EURJPY will hit at least 146 and as a second target i will set 145.40 and as a third target 146.
I will risk only 0.33% of my total balance for each position.
! Beware this is not a signal , if you decide to take the trade then it is on your own risk. !
EURJPY - Short from bearish orderblock ✅Hello traders!
‼️ This is my analysis on EURJPY .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish orderblock + institutional big figure 145.000.
Like, comment and subscribe to be in touch with my content!
EURJPY - Long active ✅Hello traders!
‼️ This is my analysis of EURJPY.
Here we are bullish from daily perspective, so I am looking for longs. I expect bullish price action from here as price rejected from bullish orderblock + institutional big figure 139.000.
Like, comment and subscribe to be in touch with my content!
EUR/JPY Long Trade UpdateHey guys!
Like I explained in the last update, a new weekly long trade formed this week. Thus the lower confirmations are reset at the moment.
From this point onward, I'll be watching for new lower confirmations to form to decide the weekly bias.
That's it!
I'll keep you guys updated!
Ken
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY
- Currently there is an UP SIDE BIAS for EURJPY. XXXJPY CURRENCIES BUYED VERY FAST IN THE PREVIOUS WEEKS WITH JPY WEAK AFTER THE INTERVENTION. Somehow it is being RECOVERED again. MARKET RISK is still ON. VIX is going DOWN, XXXJPY CURRENCIES SHOULD BE BUY FAST NOW.
- Some NEWS coming for the USD will help strengthen the EURO. Because the reason for that is because the NEWS related to USD is quite weak and USD has got a weak SENTIMENT. 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. We have no more confirmation that the EURO is likely to be WEAK.
EURJPY can sell at 143.02 level before buying. After that you can BUY at 148.156 LEVEL. If the MAIN STRUCTURES BREAK anyway, EURJPY price can definitely be BUY at 147.137 LEVELS.
Resumption of the Aug-Oct uptrend? EUR / JPY :
In the short term (14-25 days) the YEN could weaken against the EURO. Price action on the daily chart indicates that the EUR/JPY outlook could be bullish despite the recent pullback. Current price is above its 200 day and 20 day moving averages (bullish); MACD above its signal line (bullish); relative strength index has crossed above its 50 line (bullish); therefore from a technically perspective the prospects for a resumption of the August - October bull trend could be on the table for potential upside targets at 146.73 and 148.4 in the short term (14-25 days) provided price can remain above the 140.77 key support.
Not investment advice. Past performance is not indicative of future results.
EUR/JPY Long Trade UpdateHey Guys!
The current bias on the eur/jpy is long. Or in other words, price is likely to reach 148.44 before reaching 140.77.
That said, since it is the holiday season with low liquidity, there are a couple of things I'm looking out for in terms
of this long entry. In this post I explain how I plan to trade this setup.
That's it !
I'll keep you guys updated!
Have a great day!
Ken
LONG ON EUR/JPYPrice has broken above a minor resistance level and has retested it as support.
Bullish pressure has shown up and price has plenty of room to rise to the next level of resistance.
Here is the Play I will be taking on this pair:
Entry = 144.802
Stop Loss = 144.376
Take Profit = 146.148
EURJPY SHORTPrice broke out the resistance zone and it's heading to the support zone in which price has tested so many times, and price might head to the 140.780 zone, but note that the price zones listed on the short projector isn't valid as a limit order or stop order, but just to display where I want price to head to.