EURJPYHello Traders😁
This is my outlook on this pair
It is always prudent to set different take profits on this pair
I wish you all a profitable trading day⚜️🎯
Eurjpylong
EURJPY is facing bullish pressure | 10 Mar 2021Price is facing bullish pressure from our ascending trend line and support level, in line with our 61.8% fibonacci retracement and 100% fibonacci confluence where we could see a bounce above this level. Ichiomoku cloud and EMA are showing signs of bullish pressure as well, in line with our bullish bias.
EURJPY is facing bullish pressure | 10 Mar 2021Price is facing bullish pressure from our ascending trend line and support level , in line with our 61.8% fibonacci retracement and 100% fibonacci confluence where we could see a bounce above this level. Ichiomoku cloud and EMA are showing signs of bullish pressure as well, in line with our bullish bias.
EURJPY is facing bullish pressure, potential for further bounce!EURJPY is facing bullish pressure from the ascending trendline support and might bounce from 1st support level which is in line with horizontal swing low support as well as 78.6% fibonacci extension and 50% fibonacci retracement. Prices might hit 1st resistance target which coincides with horizontal swing high resistance, 78.6% fibonacci extension and 161.8% fibonacci retracement. If prices fall through the ascending trendline support, prices might hit 2nd support in line with 78.6% fibonacci retracement and 78.6% fibonacci extension. EMA is also below prices, giving prices a bullish pressure.
EURJPY CLOSED MANUALLY FOR +40 PIPS PROFIT!Good morning traders. As we spoke on our last analysis post. We entered a few positions first thing Monday morning and one of those positions was EURJPY. We've been chasing this pair for a while now and profited massively last week on it. We entered another position yesterday and profited a further +40 PIPS which was a big gain. We currently have one more position running from yesterday and we are currently looking for further setups to enter today.
Have a great Tuesday and we will update you on further positions later.
Eurjpy - catch for correction to buy Eurjpy long term buy
Aim 140.4
miner correcrtion for
132.4 have to buy small lots.
local trend its 126.
catch for all corerction
aim 140.4
Breakout Identified in EURJPYThe Breakout Opportunities system has just bought EURJPY at 129.301. The system recommends entering this trade at any price between 129.17 and 129.444. The signal was issued because the EURJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.376, suggesting that the EURJPY may have further to rise. A stop loss has been set at the 24-hour low of 128.778 and a profit target has been set at the 1 Day ATR level at 129.871. The system will move the stop to the next 24-hour low every time that 24-hour low is higher than the previous 24-hour low. Breakout Opportunities is a breakout strategy that aims to catch the significant moves that typically happen when currencies break through technical support or resistance.
Signal ID: 75267
Time Issued: Tuesday, 09 March 2021 02:02:15 GMT
Status: open
Entry: 129.17 - 129.444
Limit: 129.871
Stop Loss: 128.778
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Past Performance is not an indicator of future results.
EUR/JPY | Potential Upward Movement 🚀🚀🚀Technical Analysis:
Starting by the higher time frame the price is trading within a bullish channel formation where it posted a correction toward a daily strong support @ 128.26 mark. On the lower time frame, the pair is traded within a bullish flag pattern which might lead to a lower correction to the 61.8% Fibonacci level. After that this, a move upward could be seen toward the 129.45 mark.
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Trade Idea:
Buy Limit Order @ 128.79
Take Profit @ 129.45
Stop Loss @ 128.47
Trade Safely 🙂
EUR/JPY Is Launching Its Rocket Soon 🚀🚀🚀💡 Trade Idea
📈 EUR/JPY | Buy Limit Order @ 128.79
🎯 Target Profit 129.45
🛑 Stop Loss 128.47
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price is trading within a bullish flag formation where we expect the sellers to push the price toward the 61.8% Fibonacci retracement level @ 128.79 level. This might cause a pump and a move upward to the 129.45 mark.
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Upside Potential to 129.5 for EURJPY and potentially extendedOANDA:EURJPY
The current price is on its medium support on an uptrend movement.
Upside potential is promising for EURJPY to the nearest level at 129,5 before extended and test the next resistance at 131.XXX
The risk will be down to 127.XXX
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
EUR/JPY 1H analysis, be cautious.Quite strong trend playing out, you can see it more clearly on the 4H timeframe. But, x/JPY pair trends can break easily as we have seen on GBP/JPY, so be cautious and set your stops.
EURJPY - Slight PullbackThis pair had a fantastic bull run without any major pullbacks, at some point the price will have to pull back significantly to shake some of the buyers out of the market.
I believe price will pullback from here into the lower timeframe order blocks to fill the liquidity zone void.
Sentiment suggests the market is selling EJ hard so we must be cautious.
EURJPY is facing bullish pressure, potential for further upsidePrice is facing bullish pressure from 1st support level which is a horizontal swing low support, in line with 61.8% fibonacci retracement and 50% fibonacci extension level. Price might bounce up from 1st support to the 1st resistance which coincides with the 78.6% fibonacci retracement. If prices fall through 1st support and the ascending trendline support, it might reach 2nd support level which is the next horizontal swing low resistance, in line with the 78.6% fibonacci extension.
