EURJPY more downsideRSI and Stochs confirm bearish rollover from overbought levels, bias is lower
Upside remains capped at 5-DMA, scope for dip till 21-EMA at 141.12.
Eurjpytrade
EURJPY Potential Short! EUR-JPY has retested a horizontal resistance level at 144.30
And we are already seeing a bearish reaction
So I think a further bearish move down will follow
EURJPY is preparing for a rise!!EURJPY (4H) is forming a strong bullish price action with a double Doji and liquidity grab from the daily support zone. As long-term price action is bullish, it is a high probability that eurjpy will continue to rise as JPY is weakening, lower timeframe price action is bullish.
A buy trade is high probable from this level of support.
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Eurjpy ready to big drop enter with beginning trendEurjpy ready to big drop enter withthe beginning trend we expect market ready to drop we will enter from supply zone.
Juicy short opportunity if EUR/JPY respects this resistanceOn the back of a very weak Japanese Yen(JPY), EUR/JPY has strongly rallied to the 142.20 resistance level.
However, there could be a very strong pullback on the cards if EUR/JPY respects this resistance.
As long as price doesn't break the resistance, sell entries would have very good potential in my opinion.
I would be looking to sell EUR/JPY@143.80-144.20, SL placed moderately above resistance with targets
at 142, 140.50 and 138 respectively.
EURJPY Triple Top Strong BullishEUR/JPY spikes over 1.2%, more upside on cards
EUR/JPY trades with bullish technical bias. Momentum is bullish, volatility is high. Price action is above cloud and Chikou span is biased higher. Scope for further gains.
USDJPYWe see in this pair the strength of buyers due to the decline of gold and the rise of the dollar
I expect that it will break the resistance area as shown in the drawing and reach the next resistance area..
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EURJPY is in possible sell zone!!EURJPY has formed a reversal pattern on an important monthly level of resistance. On the monthly close, the price had a bounce and from the monthly resistance, it created a reversal pattern with a test of the neckline as resistance. It is a high probability that EURJPY will continue to drop as the market is over-extended to the upside
EURJPYHi Traders,
I am waiting for SELL at maybe Bat pattern level at 4 Hour chart of EURJPY
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P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
EURJPY TRADE IDEAIf price respects zone 1 then we can expect price to move higher until 137.600-138.000
If price fails to hold zone 1 then we can expect price to test zone 2
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY
- EURJPY has a short-term UPSIDE BIAS at the moment. XXXJPY CURRENCIES BUYED VERY FAST WITH JPY WEAKNESS. Maybe it can reach 140.234 LEVEL. 142.295 is a very good resistance limit.
- Some NEWS coming for the USD will help to weaken or strengthen the EURO. But if the RATE HIKE SENTIMENT is PRICED by the ECB, the EURO can be BUY more.
- Anyway, the price can move to the area I mentioned and after that the EURJPY price can move back to the 132.975 LEVEL. For that VIX should be UP and JPY should be STRONG.
EURJPY Will Fall!EUR-JPY is retesting a resistance cluster AT 139.1
Which makes me bearish biased on the pair
And as we are already seeing some bearish price action
I think that the next move will be downwards
To retest the target level below AT 134.163
EUR/JPYWaiting for this move on EUR/JPY trade i like to trade EURJPY now waiting for a ChoCh forming and to buy from BUY ZONE
Disclamer:
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EURJPY 21-EMA ResistanceEUR/JPY extends weakness below 38.2% Fib, bias bearish
EUR/JPY trades with a bearish bias. Scope for dip till 200-DMA at 134.15. Bearish invalidation only above 21-EMA.
EURJPY SELL STOPthis is going to be one of the best trades ever taken
SELL Stop not activated yet
SELL Stop AT 136.18
Trade at your own risk.
EURJPY SELL OPPORTUNITYHello dear traders. Here my idea to EURJPY . we will expect short term bearish continuation to 135.80 level.
Technical Outlook : EURJPY price breakout from the rising channel. So we expect bearish movement will continue to Fibonacci 0.5 level.
Fundamental Outlook : Euro under pressure as the gas crisis. Volatility index up 13%. So we can expect fear of economic growth that will be cause to strengthen the yen.
Traders, if you liked this idea or have your opinion on it, write in the comments. Please like and subscribe to my profile.
Good luck to you.
This idea does not provide the financial advice.
EURJPY ! Broke 4h resistance line looking so bullish.Yesterday i publish short trade but it wasn't correct because EURJPY is more bullish than I expected. 4 hour chart was strongly broken resistance line. Today, EURJPY will probably check yesterday's points and move up
EURJPY ! Back to again low short trade.EURJPY hold the level of 135 and stabilized, Check the trendline that showed a strong growth and it looks like it has been rejected. Because the big timeframe is downtrend, I think it will continue to fall.
EURJPY BUY ANALYSISLooking at EURJPY on 30M timeframe
Currently looking for long/buy position
We currently waiting for signals of reversal whereby we will then execute the trade
EURJPY ShortAccording to the higher timeframes (D,W) the price has formed a rising channel, hence a major indicator of a potential bearish pattern, and the price touched the upper trendline, retested it and now formed a bearish confluence. The price touched a major support zone, bounced back up/ pullback, but the bearish confluence is still strong. The price might be rejected at zone 138.2 - 138.9, then it maybe a bearish movement. I predict that the bears will get an upperhand. My entry point is 138 with stoploss at 139, just above the market major zone.
Entry - 138.0
Sl - 139.0
Tp1 - 137, Tp2 -136 , Tp3 - 135
R:R is 1:3.
Remember, only risk 1 - 2% of the account.
EURJPY SHORTAccording to the weekly timeframe, there has been formation of a rising channel, which is a major indicator that the price might have some bearish potential. The price touched the upper trendline twice, before retesting the zone again. The price bounced off, formed a new lower-low, then right now it is in the pullback zone.
According to the chart pattern, I see that the price might have touched the higher low and we might see a significant drop from that. IF the daily candle forms a bearish candle either today or tomorrow, there might be a bearish rally that might follow after that.
The entry will be determined by the lower timeframes (1H and 4H timeframe).
The stop loss is placed slightly above the major market / resistance zone.
Entry @ 141.1, SL @ 142.4 TP 1 @ 139.7, TP 2@ 138.3 and TP3 @ 136.9.
Remember, risk only 1-2% of your account.
EUR/JPYHi guys its kamy.
I have EURJPY chart here
we expect price to go down after hitting resistance level.
price made our signal bar we should wait for keybar and take our short position
