Eurjpysignal
EUR/JPY at crucial level, big move incomingHello traders and the entire tradingview community! EUR/JPY is currently
in a squeeze. The squeeze is getting narrower, which means there will be
a big movement very soon.
Whether the move happens to the upside or downside depends on the price
action around the 100-hour moving average.
If you see a strong bullish candlestick that breaks above the 157.20 level, we
can expect a bullish move. However, if we see a strongly bearish candle around
the 157 level, expect price to drift lower and reach the 153 level again.
EURJPY Sell/ShortEURJPY is a risky trade you can take with small risk (strongly recommended) until it breaks below support (potential pump fake out) please enter in with PROPER risk management and wait until further confirmations.
EURJPY
Sell/Short
ENTRY: 163.882
TP: 160.494
SL: 164.668
2-5% risk capital.
EURJPY - Look for a short ✅Hello traders!
‼️ This is my perspective on EURJPY.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to make a retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 161.000.
Like, comment and subscribe to be in touch with my content!
EUR-JPY - BROKEN RISING WEDGE?EUR-JPY - BROKEN RISING WEDGE?
This is a rising wedge almost broken, but need to wait for more confirmation like new daily candle , and support zone broken , wich now is a neckline of this range.
EURJPY → Interim support now comes at 158.60FX:EURJPY accelerates its losses and puts the 159.00 support to the test at the beginning of the week.
The continuation of the downward bias appears on the cards for the time being. Against that, the 100-day SMA at 158.62 is expected to offer temporary contention prior to the October low of 154.34 (October 3).
So far, the longer term positive outlook for the cross appears favoured while above the 200-day SMA at 153.71.
EURJPY top-down analysis Hello 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 Will Fall!EUR-JPY is trading in a
Downtrend and the pair
Is making pulback from
The horizontal resistance
Level of 161.436 so we
Are bearish biased and
We will be expecting a
Further move down !
EURJPY and CHFJPY Top-down analysis Hello 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 on the downside comes 161.20FX:EURJPY corrects further down and drops to four-day lows around 162.20 on Tuesday.
The continuation of the downward bias carries the potential to drag the cross to the weekly low of 161.20/25 band (November 21) prior to the provisional 55-day SMA, today at 159.40.
So far, the longer term positive outlook for the cross appears favoured while above the 200-day SMA at 153.37.
EUR/JPY Trade IdeaHello traders,
I would like to see EUR/JPY drop from these levels.
We have a nice Fibannoci setup along with a retest area.
Share your thoughts and ideas.
See more information below 👇
EURJPYPair : EURJPY ( Euro / Japanese Yen )
Description :
Completed Impulsive Waves " 12345 " and Corrective Waves " abc " and makings its Impulsive Waves ( Bearish ) Again. Rising Wedge as an Corrective Pattern in Short Time Frame and it can Reject from the Upper Trend Line or Fibonacci Level - 78.60%
Entry Precaution :
Wait for Rejection or Breakout
EURJPY: 22/11/2023: Possible bearish scenarioWell, as you can see the market structure is bearish, so we just looking for a sell.
Now we have a bearish order block that we can expect to push the price down.
As always, we need LTF confirmation in the bearish order block.
💡Wait for the update!
🗓22/11/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
DeGRAM | EURJPY shorting opportunity at fibo clusterEURJPY broke out of the descending channel and moved higher to the resistance level.
The market overall is moving sideways. There's a nice confluence zone to short at the resistance level, a fibo cluster, and a bearish harmonic pattern.
We expect a bearish move and a return to the descending channel.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
Further losses look likelyFX:EURJPY retreats for the fourth session in a row and visits multi-session lows near 161.20 on Tuesday.
Further downside appears well on the cards for the cross in the short-term horizon.
That said, losses could then accelerate to the provisional 55-day SMA at 158.93 ahead of the interim 100-day SMA at 158.07.
So far, the longer term positive outlook for the cross appears favoured while above the 200-day SMA, today at 152.88.
Next on the downside comes 158.90FX:EURJPY extends the decline below the 162.00 support at the beginning of the week.
Further downside appears well on the cards for the cross in the short-term horizon. That said, losses could then accelerate to the provisional 55-day SMA at 158.87 ahead of the interim 100-day SMA at 158.02.
So far, the longer term positive outlook for the cross appears favoured while above the 200-day SMA, today at 152.79.
EURJPY remains bullish as hammer loomsFX:EURJPY registers back-to-back days of losses, down 0.22% in late trading during Friday's North American session, set to remain above the 163.00 figure after reaching a three-day low of 162.15.
Even though the EUR/JPY sees red, today’s price action forming a hammer suggests that buyers stepped in at around the Tenkan-Sen at 162.37. After that, the cross-pair climbed more than 80 pips, opening the door for further upside.
If EUR/JPY climbs above the 164.00 figure, that could open the door to challenge the year-to-date (YTD) high of 164.31, ahead of the 165.00 mark. On the other hand, if sellers step in and pull prices below the 163.00 figure, a dive toward the day’s low of 162.15, is on the cards. Up next, the pair could drop to 162.00, followed by the Senkou Span A at 161.51, ahead of sliding toward the Kijun-Sen at 160.65.
Corrective move overdueFX:EURJPY advances further north of the 164.00 level and prints new yearly highs on Thursday.
Further upside appears well on the cards for the cross in the short-term horizon. Against that, the surpass of the 2023 high of 164.30 (November 16) is expected to face the next significant resistance level not before the 2008 top of 169.96 (July 23).
In the meantime, the daily RSI remains well within the overbought territory near 75, opening the door to a potential near-term corrective move.
So far, the longer term positive outlook for the cross appears favoured while above the 200-day SMA, today at 152.58.
EURJPY → Correction in the offing?FX:EURJPY climbs further and flirts with the 164.00 mark on Wednesday, new yearly peaks.
Further upside appears well on the cards for the cross in the short-term horizon. Against that, the surpass of the 2023 high of 163.94 (November 15) is expected to face the next significant resistance level not before the 2008 top of 169.96 (July 23).
In the meantime, the daily RSI enters the overbought territory near 74, opening the door to a potential near-term corrective move.
So far, the longer term positive outlook for the cross appears favoured while above the 200-day SMA, today at 152.46.
EURJPY → There is still room for further upsideFX:EURJPY manages to clear the 162.00 hurdle and print fresh 2023 tops at the beginning of the week.
Further upside appears well on the cards for the cross in the short-term horizon. Against that, the surpass of the 2023 high of 162.36 (November 9) is expected to face the next significant resistance level not before the 2008 top of 169.96 (July 23).
Bolstering the above, the daily RSI approaches the 68 level, still leaving some room for the continuation of the uptrend before entering the overbought territory.
So far, the longer term positive outlook for the cross appears favoured while above the 200-day SMA, today at 152.23.
EURJPY → Upside momentum has further legs to goFX:EURJPY resumes the upside and prints new yearly highs in the vicinity of the 162.00 yardstick on Friday.
Further upside appears well on the cards for the cross in the short-term horizon. Against that, the surpass of the 2023 high of 161.85 (November 10) is expected to face the next significant resistance level not before the 2008 peak of 169.96 (July 23)
So far, the longer term positive outlook for the cross appears favoured while above the 200-day SMA, today at 152.13.
