EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY -
- EURJPY has a short-term UPSIDE BIAS at the moment. Maybe it can reach 139.202 LEVEL. 139.202 is a very good RESISTANCE limit.
- Some NEWS coming for the USD will help weaken the EURO. Here the price can be pulled down one more time by RESPECTING the EURJPY TRENDLINE very well. It may come down to 135.116 LEVEL.
- Somehow the price moves to the area I mentioned and its trend line
If the BREAK is done, the EURJPY price can definitely be BUY if the DOWNSIDE CHANNEL is BREAKED. For that, EURO STRONG and MARKET RISK must be ON.
Eurjpyprediction
EURJPY is in possible sell zone!!Hello 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.
EURJPYM; bullish
w; bullish
d; bullish and also stuck in a range, if it broke the structure imma be looking for sales tho
4h; sideways
if the price broke below the previous structure and S/R zone that is a change of the trend and imma look for the price to be below the 50/20ema and an engulfing candle break
then the 1h signals; below the 200 and price is away from the 14 and 5 ema
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW- Currently EURJPY has a short UPSIDE BIAS. Maybe it can REACH 145.780 LEVEL. 145.780 is a very good RESISTANCE limit.
- Some of the news coming in for the EURO will help strengthen the EURO. Here the EURJPY TRENDLINE is very well priced and the price goes up.
- Anyway the price goes to the area I mentioned and its trend line
If one BREAK, the EURJPY price will inevitably fall.
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 1.0735 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 - 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.
Short EURJPY Short EURJPY @ 136.30
TP: 132.20
SL: 137
Selling a clip of EURJPY below the 136.31 fibbo resistance, and will sell another closer to that 136.80 downward trend channel. Stop is in the system at 138 but I will probably close through 137 if we smash through these next two resistance levels. So this trade is a great RR of 5.8/1
Good luck ;)
SELL EJ FOR 900 PIPS, MARKET CRUSH!!!From the day timeframe, we can see a perfect head and shoulder from the legs of 7th March, 2022. head got cupped at 138.31/136.78 (not expecting a buy into any of the listed zones above).
A sell into 130.100, other way round a possible sell into 125.58/124.40 to complete the second leg!
* Price bounce at 133.210 has been completed. Hence it now serves as a breakout price point of sell for EJ!!!
--- From the 2H TF, descending triangle formed with a prefect entry. waiting for it to be completed at 125.60
Hence, we're shorting EJ to a RR of 1:7.4, perfect risk to reward ratio!
NB: red box--rejection zone
blue box--breakout zone
yelow box: demand/supply zone
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 accelerating downwardsEURJPY could not break the major structure resistance level of 136.500.
Bears pushed the price to lower levels and it's gaining some momentum.
We anticipate the price to break the support level of 134.000 and go further down to 133.000.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW- EUR FEATURE currently stands at 1.0473 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. And the VOLATILITY is getting a bit DOWN. Also COMMODITIES still shows 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.
- EURJPY PRICE can be DOWN to 133.770 LEVEL before UP. Then you can UP to 137.906 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.
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW- EUR FEATURE currently stands at 1.0540 LEVEL. It's just below the DYNAMIC S / R LEVELS. Also the JPY FEATURE is UP. It stays at 0.0076 LEVEL. The EURJPY PRICE is 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 SENTIMENT of the OVERALL MARKET is leaning towards the RISK ON. Also the EQUITIES have become a bit GREEN. VIX is getting a bit DOWN. Also COMMODITIES is showing a UP SIDE BIAS right now. MARKETS currently have a NEUTRAL SENTIMENT, but the RISK ON SENTIMENT is too heavy. HIGH BEATA CURRENCIES are also UP going very well.
- EURJPY PRICE can be DOWN to 134.642 LEVEL before UP. After that you can UP up to 140.500 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.
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW- EUR FEATURE is currently trading at 1.0611 LEVEL. It's just below the DYNAMIC S / R LEVELS. Also the JPY FEATURE is UP. It stays at 0.0078 LEVEL. The EURJPY PRICE is 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 SENTIMENT of the OVERALL MARKET is moving towards the RISK ON side. Also the EQUITIES have become a bit GREEN. VIX is getting a bit DOWN. Also COMMODITIES is showing a UP SIDE BIAS right now. MARKETS currently have a NEUTRAL SENTIMENT, but the RISK ON SENTIMENT is too heavy. HIGH BEATA CURRENCIES are also UP going very well.
- EURJPY PRICE can be DOWN to 132.65 LEVEL before UP. After that you can UP up to 140.500 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.
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW- EUR FEATURE currently stands at 1.0806 LEVEL. It rests on DYNAMIC S / R LEVELS. Also the JPY FEATURE is UP. It remains at 0.00781 LEVEL. The EURJPY PRICE is based on 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 SENTIMENT of the OVERALL MARKET is RISK ON. Also the EQUITIES have become a bit GREEN. VIX is getting a bit DOWN. Also COMMODITIES are now showing a DOWN SIDE BIAS. Currently on the market is a RISK ON SENTIMENT. HIGH BEATA CURRENCIES UP MARKET RISK ON.
- The EURJPY PRICE can be DOWN to 136.707 LEVEL before UP. After that you can UP up to 140.500 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.
EURJPY hourly long | algo TradingEURJPY hrly long
buystop @ 136.772
TP #1 @ 137.104 78% wr
TP #2 @ 137.475 49.33% wr
SL @ swing low 136.438 13.33% hr
⚠️ half risk due to lack of volume
WR and HR Determined from past trades on this pair, on this timeframe.
More trades like this on my profile and on Bifrost trades