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.
Eurjpylong
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.
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 142.544 level before BUY. After that you can BUY at 147.137 LEVEL. If the MAIN STRUCTURES BREAK anyway, EURJPY price can definitely be BUY at 147.137 LEVELS.
EURJPY - Bearish price action ✅Hello traders!
‼️ This is my analysis on EURJPY .
Here we are bearish from H1 timeframe perspective, so I am looking for shorts. I
missed the entry point, but I will look for a short if price makes a retracement.
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EUR/JPY LONG PositionIn this video we briefly analyse why this set-up was just too good to ignore. So clean and simple.
Really nice example of Long position that was taken just after market entry last night (Sunday) as we had a perfect confluence of factors coming together at once as we worked our way up towards the higher time frame DT structure on this pair.
EUR/JPY Long Trade UpdateHey Guys!
The current eur/jpy weekly bias is short. Or in other words, price is likely to reach 124.41 before reaching 148.44.
So if I get a pullback to the 147.44 price level, I'm willing to take a short entry with a stop loss at 148.44 and its main target
at 124.41. That said, since this pair has overarching long strength on it, I am ultimately waiting for long confirmation for this pair.
In this post I explain the reasoning for my decisions.
That's it !
I'll keep you guys updated!
Have a great day!
Ken
EURJPY - Bulls are waiting.Here we're sharing the trade setup of EURJPY for upcoming trading days. This decision has been made according to the technical and fundamental analysis.
We're waiting for confirmation to enter this as usual!,
Note:- This is for educational purposes only. This is not financial advise!
EURJPY - Short from bearish orderblock ✅Hello traders!
‼️ This is my analysis on USOIL .
Here we are bearish from H1 timeframe perspective, so I am looking for shorts. I expect price to make a retracement to fill the imbalance higher and then to reject from bearish orderblock to take out sell side liquidity.
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EURJPY buying (long) opportunityHello traders, today we want to share our view of the EURJPY.
The long-term cycle is bullish and we believe there will be at least one more swing high or, in other words, another bullish cycle. This idea has the target of taking profit from this bullish cycle,
There are two potential paths as we showed in the graph
1- Our forecast is that EURJPY will have to make another low before reaching the green area (which is the expected target the corrective structure WXY should reach before turning up) and then, we will buy EURJPY in the green zone.
2- Alternative path- The price will not reach the area and EURJPY has already ended 2 and it will start this bullish cycle before reaching the green area
In both cases, in the medium term, we expect EURJPY to go up. Therefore, we can prepare to buy the EURJPY soon.
EURJPY - Long from bullish orderblock ✅Hello traders!
‼️ This is my analysis on EURJPY.
Here we are in a bullish market structure from daily perspective, so I am looking for longs. I expect price to continue the retracement and then to reject from bullish orderblock.
Like, comment and subscribe to be in touch with my content!
eur/jpy is involved in the support area of the daily time frame We have two scenarios ahead
Weakness on the rise and fall to the next support level
Weakness in the fall and failure to break the support level and rise to the next resistance
To move in the direction of each of these scenarios, we must be patient until the daily candle closes
Because this support is the daily time frame support
In your opinion, which scenario is more likely to happen?
In your opinion, which scenario is more likely to happen?
In your opinion, which scenario is more likely to happen?
eurjpy falling after support breakout
Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about Eurjpy
We can see formation of support breakout
So we are expecting a strong fall near support.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
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EURJPY ! Trading in rising wedge, long trade idea.Looking at the 1-hour chart, EURJPY is trading in a rising wedge. If the wedge breaks down, it can reach 145.700. Right now, EURJPY has reached the resistance zone of 146.500-146.300. If this zone can be broken upwards, eurjpy up to previous high 147.360