EURJPY Next Possible Move#EURJPY ( Euro / Japanese Yen )
- Following BEARISH CHANNEL as a Corrective Pattern in Long Time Frame #LTF
- Rejecting from the Lower Trend Line #LTL and can possibly Reject from the DEMAND ZONE
- RSING WEDGE Pattern in Short Time Frame #STF Buy if Breaks the Upper Trend Line #UTL and Sell in Breaks the Lower Trend Line #LTL
- Selling Divergence
Eurjpyprediction
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 be SELL at 143.195 level before BUY. After that you can BUY at 151.00 LEVEL. Anyway, if MAIN STRUCTURES BREAK, EURJPY price can definitely BUY at 151 LEVEL.
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 !
Risk Warning:
Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence........
EURJPY Next Possible Move#EURJPY ( Euro / Japanese Yen )
- BULLISH CHANNEL in Long Time Frame #LTF
- Breakout of Lower Trend Line #LTL and Retracement at Fibonacci Level - 78.60
- Expanding Diagonal as Corrective Pattern in Short Time Frame #STF
- Impulse Correction Impulse - Completed " ABC " Corrective Wave
EURJPY Distribtuion phase indication short for 142.6021st October daily key reversal bar made a new high closed towards the low. Price consolidated ahead due to key reversal bar closing towards the low. short with low risk, add more short if pulls back upside. Target: 142.60, stop loss above key reversal bar high.
EURJPY - Sell-off started ✅Hello traders!
‼️ This is my analysis on EURJPY .
Here we can see that price broke the market structure, so I am looking for shorts now. I expect to continue bearish price action as price mitigated bearish orderblock and rejected.
Like, comment and subscribe to be in touch with my content!
EURGBP - FUNDAMENTAL AND TECHNICAL VIEW#EURGBP
- Currently the MARKET SENTIMENT for EURGBP is slightly on the DOWN SIDE. The main reason for that is the NEGATIVE RISK SENTIMENT for EUR. And we can mention the BOE intervention. The reason for NEGATIVE SENTIMENT in EUR is USD BUY. Due to this reason, all MARKETS including STOCKS can be seen UP due to MARKET RISK OFF. It affects the EUR in a big way.
- EURGBP can definitely go up to the SUPPORT LEVEL below. EUR may be slightly WEAK due to USD STRONG at the moment. Accordingly, EURGBP can go up slightly until the 0.9200 LEVEL. And before that EURGBP can be SELL to 0.8565 LEVEL.
EURJPY ShortHello guys.
This price has been forming a rising channel/flag, which might be a strong indication that there might be a strong bearish momentum (1D).The price has retested the upper trend line, and if it fails to break it, then a bearish momentum is inevitable.
Foe my long term strategy, I anticipate that the price will be bearish. For the upcoming analysis of the price, I will discuss in-depth on how I will enter my trade, my targets and stop loss using a shorter time frame.
Remember, only risk 1-2% of your account.
EURJPY LongList of confluences:
1: Falling Wedge Breakout
2: Trendline Breakout
3: Key Level Breakout and Change in Market Structure
When looking at the larger time frames, we can see that EURJPY remains in a uptrend. We have also seen the market pull back which signalled a chance to
enter in the direction of the bigger picture trend. We have listed 3 reasons as to why we will be looking to Buy/Long the pair. We are expecting a potential
return of between 12.12 % to 24.24% at 1 - 2 % risk per trade.
EURJPY - Retracement to bullish orderblock ✅Hello traders!
⁉️This is my analysis on EURJPY .
Here we are in a bullish market structure, so I am looking only for longs. I expect price to make a retracement after rejecting from institutional big figure 147.000. I am looking for a long position from bullish orderblock 142.000 or 139.500.
Like, comment and subscribe to be in touch with my content!
EURJPY top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 Next Possible MoveTechnical Analysis Chart Update
EUR / JPY ( Euro / Japanese Yen )
Time Frame - H4
BULLISH CHANNEL in Short Time Frame #STF
Symmetrical Triangle in Long Time Frame #LTF and Rejecting from the Lower Trend Line #LTL
It is Following Corrective waves " ABC "
It can Follow Some Bullish moves till its Demand Zone at Fibonacci Level - 61.80%
EURJPY ShortThis pair, which had a fast bearish momentum back in 22nd September, needed to fill the gap / neutralize the long wicks which were formed at that point.
The price is now at a major support zone (the zone where the breakout initiated) and offered some resistance. I anticipate that the price might not break out of the pivot point as it acted as a zone where the big players need to activate the sell orders which were not initiated.
My entry point is @142 and My stop loss @baspui1436
My target is at the next major market zone, @138.0
My Take Profit point are 141.0, 140.0, 139.0, and 138.0
My R:R IS 1: 4
Remember, risk only 1 - 2 % of your account.
EURJPY ShortAccording to the higher timeframes (W,M), the price has been forming a rising channel / flag, which might be a major indication of a bearish momentum.
Also, according to the market sentiment, 65% of the traders are net short and the percentage is decreasing each week, suggesting many are shifting to the long term position of the price.
According to how I interpret this, then the price will have a bearish momentum, to move out of favour for the traders who are shifting to the bullish strategy.
My long term strategy is 134.3, and the next series of analysis will be to come up with entry positions using smaller timeframes.
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY
- There is currently a DOWNSIDE BIAS for EURJPY. With JPY being STRONG, XXXJPY CURRENCIES are selling very fast right now. MARKET RISK is still being OFF. EVEN IF VIX UP, XXXJPY CURRENCIES BUY VERY FAST WITH JPY WEAKNESS. Maybe EURJPY can reach 138.651 LEVEL and it has gone down.. 138.65 is a very good SUPPORT LEVEL..
- Some NEWS coming for the USD will help to weaken or strengthen the EURO. 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.
- Anyway, the price can move to the area I mentioned and after that the EURJPY price can move back to the 147.692 LEVEL. For that, VIX should be DOWN and JPY should be WEAK.
EURJPY possible buy zone!!EURJPY 4H has formed a doji on the weekly timeframe. This market is long-term bullish and weekly doji has created another opportunity for buyers as prices currently rejecting weekly support. It is highly likely price will continue to rise and, with a higher low on the support level on 4H, a bullish trade is highly probable.