EurJpy- All eyes on 143 zoneTwo days ago I've said that I expect a rise for EurUsd and also a rise for UsdJpy (Stronger than Usd Euro, but also stronger than Jpy Usd) and this will give us a double effect on EurJpy.
Indeed, this happened, and EurJpy rose 300 pips in these two days.
Technically speaking, at this moment, the pair is above 143 resistance, which is now support and is correcting from the very important 145 resistance.
In my opinion, after this correction, EurJpy will resume its rise towards 150, and dips from this possible drop should be considered good opportunities for bulls.
As said, the 150 zone remains my target for the medium term and a drop under 142 would negate this bullish scenario
Eurjpysignal
EURJPY - Short after filling the imbalance ✅Hello traders!
‼️ This is my perspective on EURJPY.
Technical analysis: As we can see here we are in a bearish market structure after the change of character, so I am looking for shorts. I expect price to continue the retracement to fulfill the imbalance higher and then to reject from bearish order block.
Like, comment and subscribe to be in touch with my content!
EurJpy- Buy dips for 1k pips profit (swing trade)Earlier this morning I've written 2 analyses, one on EurUsd and one on UsdJpy, both bullish and from those, you can conclude that although I expect a rise for EurUsd, a strong Eur and weaker Usd, I also expect a stronger Usd versus Jpy.
If I'm correct, this outcome will give us a double effect on EurJpy, meaning a strong up move.
Stricly technical, EurJpy is ranging since the start of 2023 with a very clear buy zone under 140, market by multiple reversals and long-tailed candles more recently.
At the time of writing the pair is trading exactly at a horizontal resistance level and a drop from here could represent a good buying opportunity with a great R: R if we target the 150 zone. Negation comes with a clear break under 140.
EURJPY SELLWelcome . The euro against the yen. in a very negative state. With the price reaching an important area. It is manifested in the convergence of the descending horn. And re-test the package that the price broke. With very negative candles on the daily chart, there is a lot of pressure from the sellers to lower the market. To 142,500 levels in the first stage. Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
EURJPY BUYWe are Currently Focused on EURJPY on A buy Moves for about 250 pips plus so basically, let me break it down for Educationally understanding so We are Currently on a Support and Resistance formation so we currently have on our Support Zone a reversal pattern and you all know what it means when a reversal pattern occurs on a support zone or Area it shows that the sellers are getting weak in that case we would be expecting more buyers, so with that being said we have a H&S ( head and shoulder) pattern, so we are Currently expecting price to test the neckline @141.950 zone before we can start buying to or TP LvL @144.851 and we are only resting 63 pips on this trade SL @141.321 remember risk management is Golden key in trading. So tell me what you think drop a Comment guys thanks
EURJPY Next Possible MovePair : EURJPY ( Euro / Japanese Yen )
Description :
Break of Structure
S / R Level
Bullish Channel as a Correction Pattern in Long Time Frame and Breakout of the Lower Trend Line and Retracement
Fibonacci Level - 61.80%
Divergence
Exp FIAT is Short Time Frame and Rejection from UTL
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY
- Currently there is an UP SIDE BIAS for EURJPY. XXXJPY CURRENCIES BUY very fast in previous weeks with JPY WEAK after BOJ MEETING. 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.
EURJPY can sell at 140.10 level before buying. After that you can BUY at 148.00 LEVEL. If the MAIN STRUCTURES BREAK somehow, EURJPY price can definitely be BUY at 146.61 LEVELS.
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY
- Currently there is an UP SIDE BIAS for EURJPY. XXXJPY CURRENCIES BUY very fast in previous weeks with JPY WEAK after BOJ MEETING. 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.
EURJPY can be SELL at 143.80 level before BUY. After that you can BUY at 148.00 LEVEL. If the MAIN STRUCTURES BREAK somehow, EURJPY price can definitely be BUY at 146.61 LEVELS.
EURJPYEURJPY Long-Term Perspective
The Last EURJPY analysis expected the Bullrun continuation above the trend line and then rebound from it for a bearish move to the downside around the 135.000 psychological level
Obviously, it is not going to reach that in a week or 2 and there could be a lot of minor rejections and corrections along the way to the main target, this is just a Long-Term Perspective on EURJPY