EURJPY SELL Opportunity If EUR/JPY reaches 168, it could be at the end of a corrective wave (likely a Wave C in a larger corrective structure). This could present a sell opportunity.
EURJPY trade ideas
No signal tomorrow. See you for another analysis then.Today's analysis shows no signal, so we won't be trading EU and EJ tomorrow. The price did not indicate a clear trend for continuation or reversal.
EUR/JPY - Point Of Interest If there is accelerated movement it is always evidence of manipulation.
And in the future it becomes an interesting point of reaction. That's what we hope for.
The execution strategy is up to you ok?
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buy eurjpyI'm seeing a possible reversal setup. The price has hit a demand zone around 162.202, which is marked by the purple area. After a sharp decline, there appears to be a potential for a bullish reversal.
EURJPY SHORT IDEAi Got 300 pips this morning, and EUR/JPY looks good to continue selling. I'll be monitoring this zone for continuation sells.
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2️⃣ Listen beyond words: Pay attention to tone, emphasis, and non-verbal cues during speeches. Central bank officials often communicate subtly through these signals, providing insights into their confidence levels and policy stance.
3️⃣ Identify key keywords: Look for phrases such as "gradual," "data-dependent," or "balanced approach." These can indicate a cautious stance. Conversely, terms like "vigilance," "imminent risks," or "considering options" may signal potential policy changes.
4️⃣ Market impact analysis: Assess the reaction of financial markets to previous speeches by the same speaker. This helps gauge the credibility and influence of the individual and their potential impact on currency, bonds, and equities.
5️⃣ Read between speeches: Compare and contrast speeches by different central bank officials. Look for consensus or divergence in their messages, as it provides insights into potential divisions or unity within the policymaking body.
Interpreting central bank speakers' speeches is an art that combines analysis, intuition, and market knowledge. Stay informed, keep learning, and refine your interpretation skills for better decision-making.
EURJPY-NEUTRAL SELL 4-hourly chart Heinkin AshiThe pair has moved opposite direction than expected.
Currently, the pair's latest candle shows uncertainty, and we either have a continuation trend, if further small body candles appear, or we correct little, which will have maximum 167.80 potential. The downside looks more certain, based on the break of support and holding the GANN resistance well.
Strategy SELL @ 165.90-166.30 and place SL @ 166.85 only. Profit order @ 163.50 for now.
EURJPY Low KickBias Bearish
Fundamental Analysis
EUR is weakening, JPY Stronger data
Price Action:
Rejection from H4 SR level. Price formed a double top pattern. Break break below the H1 double top & bull TL.
Confluence:
Higher TF (W/D/H4) - Rejection from S/R
Lower TF (H1/M30/M15) - Broken H1 SR & TL level
Set up:
Short trade entry at H1 broken SR level
SL 2x ATR(20)
TP 1:5 RR next H4 SR level
EUR/JPY BULLS ARE STRONG HERE|LONG
Hello, Friends!
EUR/JPY pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 1D timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 170.398 area.
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EURJPY Trading Journal EURJPY Trading Journal
July 30
Price has been bearish seeking lower prices since July 11. This currency has been been bullish for years and wonder if it has topped?
I am learning to trade what the chart gives me and looking for my trade set up trusting the gann box utilizing the deviations. So cool when it hits.
It seems likely for Price to seek higher price to rebalance IFVG.
EURJPY ANALYSISAfter seeing a bearish closure from the previous day on the pair we could be looking for the momentum to continue but still be on the look out for a retracement
EURJPY Bullish sentimentMarket is currently at a Daily OB
H1 Choch formed.
Double bottom chart pattern anticipated.
Waiting for M5 entry model to form.
sell to buy model - EURJPYAfter long term drop , EURjpy might set for another upride. However there is a sell opportunity for big buy
EUR/JPY May Rise#trading_idea 💡
💸Pay Attention to #EURJPY !
On the 1H chart, you can see an Ascending Flag pattern forming. The Stochastic is in the overbought zone, yet still suggests potential upward movement. Meanwhile, the price trading above the MA(20) also bodes well for further growth.
🔼 If the price stays above key level 167.579, a rise towards resistance 168.035 or 168.623 is possible.
🔽Overwise the price may slide to support at 167.167.
✔️ Click "👍" if you think the price will rise and "👎" if you think it will slide.
SELL EUR/JPYHello guys, i am going for a sell on EUR/JPY, Liquidity swept off the marked high, i expect price to give a 1:3RR drop to the down side.
Where Will JPY Pairs Go Next? Full Yen Tech/Fund OverviewYen Forex Pairs have fallen across the board on rumoured intervention.
This is the propping up of the Yen Currency by Japanese authorities to stop the upward flow of its counterparts and draw further weakness of the JPY due to interest rate differentials between major economies.
The question is, will it continue?
EURJY-BUY strategy 4 hourly KagiThe pair is positive on all fronts in terms of indicators. Kagi suggest, whilst we maintain 167.40 area, to test 168.50 DC middle and en route to 170.40.
Strategy BUY @ 167.50-167.70 and place SL below 166.68 for now. Profit order @ 169.75 for now.
EURJPY TRADE IDEAHey Traders,
Here's a detailed look at my EURJPY setup on the 15-minute chart.
Market Context:
The pair has been moving sideways after a significant drop, suggesting potential accumulation before another move.
Key Levels:
Resistance Zone: 167.234 - This is a critical resistance level where the price has previously turned down.
Support Zone: 166.362 - This marks the low of the recent consolidation area, providing a solid base for potential long entries.
Volume Analysis:
Notice the spike in volume around 03:00, indicating strong participation and interest at these price levels. The subsequent candles show a decrease in volume, suggesting that the aggressive selling might be slowing down.
Trade Setup:
Entry: I am looking for a long entry around 166.362, the bottom of the consolidation zone. This area also coincides with a demand zone (highlighted in grey).
Stop Loss: Below the demand zone, around 166.293. This gives a tight stop to manage risk effectively.
Take Profit: The initial target is set at the resistance zone of 167.234, aligning with the previous high. This gives a good risk-reward ratio.
Rationale:
The market structure shows a potential reversal pattern forming, with the price respecting the demand zone.
The volume profile supports the idea of accumulation at these levels.
The risk-reward ratio is favorable, making this a high-probability setup.
I'll be monitoring the price action closely to see if it aligns with my expectations. Always remember to manage your risk and trade responsibly.
Happy Trading!
EurJpy to continue Bearish trendHey traders.... Price has broken out of the ascending Channel and made its way to the downside... you can see that price is in a bearish flag, signaling a continuation of the trend.... It looks clear to me to go short.
WE MIGHT HAVE A BULLISH TRENDHELLO TRADERS, we can see that EURJPY is an uptrend and we had break out of our prev.. resistance and we know that every after a break out there must be a retest. we might have a bullish trend but let see if the market is gonna break to the down side or continue with bullish trend, look for patterns
NB: NO REVERSALS NO ENTRY
EURJPY ShortFollowing the formation of two doji candlestick, which the latter did not close above the first one, I do anticipate that the price will continue with the bearish momentum, retracting to the weekly 0.2 fib level.
The entry position will be based on the outcome of the today's closing price as my proposal would be at 166.0 A detailed analysis using a shorter time frame will follow.
