EURJPYIdea for EURJPY , All timeframes in sync. The gap created on sunday has been filled and now you can see the head and shoulders switching the structure. Looking for price to come back and create that new lower high around that zone which also has the EMA a round number and recent structure.Shortby themarketmafia1
#003 Obvious Trend EURJPY Sell 1358SGT 04022025Selling. Will come back at 9pm SGT tonight. Time now is 1359SGT, i will have to go work abit of grab now that I am feeling better. I can't understand how Ooooooman says he worked 19 hours or so for some time to collect incentives but later on fall sick for a week or so. Now I understand. I didn't work extremely long hours but I fell ill prolly due to the prolong rain and extremely cold weather of 20degree celsius in Singapore which isn't common. I missed the sun LOL. 1403SGT 04022025Shortby ProfessionalDuckHunterUpdated 0
EURJPY Potential Longs - Short & Long Term (Technical Analysis)Technical Outlook: Looking at previous price movement, we see it's been trending up since August 2024, with the last reaccumulation phase ending in early 2024. We recently saw a demand chain, but the last push couldn't quite hit new highs. Supply then took over, driving the price back down to a daily demand level. At this point, we've seen some strong bullish reactions on the lower timeframes, which is interesting and here's why - Potential Scenarios & Probabilities: Scenario 1 (High Probability) – Demand should regain control, leading to a bullish breakout. Scenario 2 (Medium Probability) - Price could range within the ascending channel for a while. Scenario 3 (Low Probability) – The bulls might disengage, resulting in a bearish break and continuation thereafter. Trading Considerations: Price is currently in a discounted zone within the ascending channel (158.000 – 168.000) . We can look for trading opportunities within this range, focusing on strong supply and demand areas, anticipating the eventual bullish breakout. A long position closer to the bottom of the range could turn into a swing trade. If you're trading inside the range on lower time frames, it's smart to keep an eye on volume, overbought/oversold levels, and relative currency strength. Final Notes: With the price moving sideways for a good six months, range trading is definitely a possibility. But the real goal is to catch that bullish breakout when it happens, and it looks like it's getting close. As always, manage your risk carefully, and don't hesitate to take the trade when the setup is right – assuming you've got a solid plan and a clear target in mind. OANDA:EURJPY Longby Apexfx_Alpha4
EUR/JPY - Preparation for the Interest Rate Hike on Friday - BOJHi guys , we would be looking in a shorter term trade on the GBP/JPY looking to chase at least 100 pips in a down turn , we have a positive expectation that the Bank of Japan would hike the interest rate on Friday from 0.25 to 0.50. I do agree that 25 basis points isnt a lot , but in a status that it took BOJ two years of sitting on negative interest rate to finally start balancing their sheets and looking to increase it, would give a positive approach into a better stability for the Japanese economy and more specifically the Japanese Yen! Entry: 161.300 Target: 160.300 As always my friends happy trading! P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!Shortby DG55CapitalUpdated 4
EUR/JPY - Extremely oversold, it's time for a correctionHi guys we would be looking into EUR/JPY today. From a tecnical perspective we have a big gap that we need to cover, and to get back into the structured balance of the pair, an Ascending Channel is formulating giving us an indication that the price should increase. Entry: 158.600 Target 1: 159.600 Target 2: 160.600 Target 3: 161.600 As always my friends happy trading! P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!Longby DG55CapitalUpdated 9
Lingrid | EURJPY short from PSYCHOLOGICAL levelThe price perfectly fulfills my last idea. It hit the target. The price broke through the psychological level at 161.000 before pulling back. Overall, FX:EURJPY is in a bearish trend, with the price consistently making lower lows and lower closes. I anticipate that the price may rise to retest the channel boundary, trendline, and resistance before continuing to decline and making lower lows. On the daily timeframe, the price filled the gap and then moved above the previous day's high, which could be a false breakout. Consequently, I expect a decline from this level, followed by a retest of the support. My goal is the support level at 159.500 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Shortby Lingrid6620
#EURJPY 1DAYEURJPY (1D Timeframe) Analysis Market Structure: The price is currently trading near the support of a well-defined channel, indicating a potential buying opportunity. This support level has previously acted as a strong demand zone, suggesting that buyers may step in again to push the price higher. Forecast: A buy opportunity is expected if the price holds above the channel support, signaling a potential move toward higher levels within the channel. Key Levels to Watch: - Entry Zone: Near the channel support after confirmation of bullish signals. - Risk Management: - Stop Loss: Placed below the channel support or the recent swing low. - Take Profit: Target the midline or upper boundary of the channel for potential upside movement. Market Sentiment: As long as the price remains above the channel support, the bullish structure remains intact. Waiting for confirmation of a bounce ensures alignment with market momentum before entering a trade.Longby PIPSFIGHTER4
Key Levels for EURUSDYesterday, EURUSD managed to recover and reached resistance at 1,0350. Now, the important question is whether we’ll see another decline or a higher low followed by a new bullish move. The significant fluctuations from yesterday will shape the next price movements. At the current levels, there is no clear reason to enter a trade. Consider looking at JPY pairs for potential opportunities with good risk-to-reward ratios!by ForexTrendline2
Bullish rise?EUR/JPY has reacted off the pivot and could rise to the 1st resistance which has been identified as a pullback resistance. Pivot: 159.37 1st Support: 157.99 1st Resistance: 161.51 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party. Longby ICmarkets1
EURJPY ANALYSISAfter seeing how last week closed, the market can continue in the initial direction but seeing the 1hr already breaking support could indicate a downward push for monday.Short03:00by Technicalrayner1
EURJPY ANALYSIS FOR THIS WEEKHere is my view to eurjpy for this new week. i believe the market is going to pull out from the previous week consolidation. Short11:06by aromonday0
EURJPY SELL PROJECTION As we can see price is in a downtrend, heading towards the supply zone in 1D and as we can see in the 1hour TF , I expect price to fill Imbalance and go short. When price gets to our POI, we look for choch and go short. Shortby Silveryekerete3
EURJPY My Opinion! BUY! My dear friends, Please, find my technical outlook for EURJPY below: The price is coiling around a solid key level - 160.70 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 161.63 Safe Stop Loss - 160.13 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK Longby AnabelSignals117
EURJPY DowntrendThe pair's price action indicates there is still room to go on the recent downtrend. I expect a break of the January low, with the first target at 100% extension (158.937). My primary count considers we are still inside green III.Shortby Stoic-Trader4
a sell trade on eurjpy monday, tuesday or wednesday tradeprice trades from current 1 hour bullish order block into fvg above at the premium on monday asian or london session.... price might manipulate and go for the higher premium .... hence the next entry point Shortby D-Kings12
EURJPYThe trend is bearish in 5m and we see the sellers zone and it is possible to reverse the price to the last low Shortby LRFXproUpdated 3
EURJPY BullishRetracement seems over after break of structure. Look for bullish trades after every retracement.Longby noumannaseer2
BUY EURJPYBuy EURJPY here at 160.2 as we can see there has been a break of the trend line structure. Price should rally fro the support area towards 162,4. Price has already gained bullish momentum, let us see if it can holdLongby Technical_AnalystZAR2
EURJPY - Reaction off HTF H4 SnD area - M5 entryCounter trend scalp idea Watch out for volatility with imminent newsLongby The_Peaceful_TraderUpdated 449