Get started

Euro / Japanese Yen

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

EURJPY trade ideas

EURJPY - 164 coming upIf we look at the Price Action of last week we can see 1. Price Movement - from a low of 155.15 in the London Open of Monday to a high of 161.16 in the NY AM session of Friday. Range of 600 pips. 2. Established Trendline Support - which was tested on 3 separate occasions, with only wicks breaking this line. 3. Bias Shift - to the long side on Wednesday Asian Session with the 55 MAV crossing the 100 MAV. Currently price is in a Small Symmetrical Triangle at the close of the NY session from Friday. Next Week ? Suggesting an opportunity for price to move up. Entry - 159.45 . Around this price we have the confluence of 3 factors a. 50 MAV b. Supporting Trendline c. Fibonacci 70.5 retracement level. Stop - there is a Swing Low of 158.42. Below this is suggested. If price breaks this level, then we have a break of structure which would establish the change of character and the bias would shift to short. Target - would be between a Symmetrical Price Swing and the overlying Daily Resistance. Anywhere from 163.20 = 1.6380. RR = 3+
Long
by Umlingo
EURJPY Possible Long Position BBMA OA ReEntry Zone Zero Loss4H - Re-Entry 1H - 50 EMA Rejection + Bollinger Band Rejection 15m - CSAK + Entry in MALO Note: * Cancel trade or cut-loss when candle close Below MAHI (2 Red Color Lines) in 4H * 1:3 RRR * TAYOR A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis I am using the BBMA OA Reentry Zone Zero Loss Strategy as a basic reaction to recent market events, rather than attempting to forecast the market's future course
Long
by GreggiBond
EURJPY Expected Growth! BUY! My dear friends, EURJPY looks like it will make a good move, and here are the details: The market is trading on 156.39 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 158.45 Recommended Stop Loss - 155.23 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
Buy AnalysisEUR/JPY Buy Analysis Trade Idea: Buy EUR/JPY Entry: 159.553 Take Profit: Up to 164.850 Stoploss : 157.950 Rationale: Bullish Momentum: Recent price action indicates a decline from recent low, indicating possible Upside continuation. Long-Term Perspective: This trade aligns with a broader Bullish outlook on EUR/JPY, considering fundamental and technical factors. Risk Management: Implement a suitable stop-loss strategy to manage potential losses effectively, considering market volatility and your risk tolerance. Disclaimer: Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The analysis provided is for informational purposes only and should not be considered as investment advice.
Long
by GODOCM
EURJPY’s Next Move Depends on BOJ Interest Rate DecisionEURJPY’s Next Move Depends on BOJ Interest Rate Decision From a technical perspective, EURJPY has completed a bullish harmonic pattern. However, this time, both technical and fundamental perspectives need to align. This week, on Friday, September 20, EURJPY’s movement will largely depend on the Bank of Japan’s (BOJ) interest rate decision. The market is anticipating a rate hike following recent BOJ comments. If the BOJ increases rates this week, EURJPY may continue its downtrend. If the BOJ does not increase rates, we may see the harmonic pattern push the price aggressively from its current position. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Long
by KlejdiCuni
4
Elliott Wave View on EURJPY Expects Rally to FailShort term Elliott Wave view on EURJPY suggests cycle from 8.16.2024 high ended at 155.14 as wave A. Internal subdivision of wave A unfolded as 5 waves impulse. Down from 8.16.2024 high, wave ((i)) ended at 160 and wave ((ii)) rally ended at 162.89. Wave ((iii)) lower ended at 155.446 and rally in wave ((iv)) ended at 157.51. The pair then extended lower in wave ((v)) towards 155.14 which completed wave A. Wave B rally is currently in progress to correct cycle from 8.15.2024 high. Internal subdivision of wave B is unfolding as a double three Elliott Wave structure. Up from wave A, wave (a) ended at 157.1 and pullback in wave (b) ended at 156.04. The pair then rallied higher in wave (c) towards 158.33 which completed wave ((w)). Pullback in wave ((x)) ended at 157.03 and it has since turned higher again in wave ((y)). Up from wave ((x)), wave (a) ended at 158.03 and pullback in wave (b) ended at 157.10. Wave (c) higher is now in progress towards 160.25 – 162.24 and this should also complete wave ((y)) of B in higher degree. Near term, as far as pivot at 162.91 high stays intact, expect rally to fail in 3, 7, 11 swing for further downside.
by Elliottwave-Forecast
Could price reverse from here?EUR/JPY is rising towards the resistance level which is a pullback resistance that is slightly below the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 159.52 Why we like it: There is a pullback resistance level that is slightly below the 61.8% Fibonacci retracement. Stop loss: 161.22 Why we like it: There is a pullback resistance level that lines up with the 78.6% Fibonacci retracement. Take profit: 157.48 Why we like it: There is an overlap support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets