POSSIBLE BUY OPPORTUNITY ON EURJPYPrice showing signs of strong momentum. We look for the pullback to take the trade.
EURJPY trade ideas
EUR-JPY Resistance Ahead! Sell!
Hello,Traders!
EUR-JPY keeps growing
Locally but a strong horizontal
Resistance is ahead at 165.000
So after the retest we will
Be expecting a local
Bearish pullback
Sell!
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EURJPY SELL PROJECTION Price refuse to continuously go short from our previous analysis. So now I really expect price to go short due to the effect strong supply zone for sell.
EURJPY LOOKS SOME BULLISH FOR A DAY QUICK IN AND OUTHi people
EURJPY Looks bullish for short while . So that probably bring some QUICK Buy opportunity
So Quick in And Out important . As there is some Sellers there too..
Best of luck
EURJPY, BOJ didn't increase the ratesEURJPY / 1D
Hello Traders, welcome back to another market breakdown.
EURJPY is showing strong bullish momentum after the BOJ's decision not to increase rates, breaking through key resistance levels and signaling a potential continuation to the upside. However, the price is making new highs for now. Hence, instead of jumping in at current levels, I recommend waiting for a pullback into the breakout zone for a more strategic entry.
If the pullback holds and buying confirms, the next leg higher could target:
First Resistance: Immediate levels formed during prior consolidation.
Stay disciplined, wait for the market to come to you, and trade with confidence!
Trade safely,
Trader Leo.
EURJPY - BEARISH SETUPAll indications point to a sell on this pair. There is a possibility of retest of the top before proper sell is resumed but best to look for sell setup.
EUR/JPY Resistance with Fair Volume GapOn EUR/JPY , it's nice to see a strong sell-off from the price of 164.480. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated.
I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again.
Fair Volume GAP (FVG) and high volume cluster are the main reasons for my decision to go short on this trade.
Happy trading,
Dale
[EURJPY] Starting to build a swing positionThis entry will be the first of a 2 positions short on this forex devise. For now it's mostly the feeler here and will enter heavy later when we start to see a reversal confirmation, for now it's too much frontrunning the short.
Great Trade !
EUR/JPY: A Buy Opportunity UnfoldingI'm excited to share my outlook on the EURJPY currency pair. Based on the latest insights from our EASY Trading AI strategy, I'm bullish on this pair and recommend a buy at an entry price of 162.14.
Currently, several factors indicate a positive movement in the EURJPY. Firstly, the prevailing market sentiment leans towards a stronger Euro amid ongoing economic recovery signs in the Eurozone, alongside Japan’s continued monetary easing policy. This combination typically supports upward price pressure.
With a target take profit set at 162.431, there’s a compelling risk-to-reward ratio in play, especially with a stop loss strategically placed at 161.615. This setup grants us a safeguard while enabling participation in the anticipated upward movement.
The performance data from our recent analysis shows a robust winning rate of 77.75% for this strategy, which reinforces the validity of entering this trade.
For those looking for a hands-off approach, consider utilizing our automated trading robots that leverage the same EASY Trading AI framework. More insights and resources can be found on our website to help you maximize your trading potential. Remember, successful trading requires discipline and a well-informed strategy. Happy trading!
EURJPY H4 | Bearish Drop?Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 163.51, which is an overlap resistance close to a 61.8% Fibonacci retracement.
Our take profit will be at 162.12, a pullback support level.
The stop loss will be at 164.25, a pullback resistance level.
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EURJPY Buy setup updatePreviously on EURJPY, we prepping ourselves to take buy positions to hedge our sell positions. Price did in turn reach our area of interest where we were able to take long positions and now we are seeing that beautiful push to the upside.
EurJpy Trade IdeaEJ is still overall bullish even with price tapping into a resistance level. Bullish structures are still solid here on all time frames. I'm personally looking for smaller times to flip and remain bullish first before looking to enter any longs on this pair. I'll be looking for a 1:3rr if all goes well!
EURJPY Short on Regression BreakEURJPY has broken the uptrend over the holiday period.
May need more time to develop a trend as volumes will return today.
EURJPYEUR continues to be weaker as the ECB doesn't interfere as much with interest rates and their bond buying program. Looking for continued shorts from here as the ECB continues to see further weakness in the European economies.
EURJPY LONGSAccording to my technical analysis starting from the weekly to the 4HR timeframe we see a reaction from each of the timeframes from an engulfing bullish candle which as we should all know as price action traders and any other trader really acts as a level of support and resistance. Now my stop level is a bit tight given that the trade appears to be much more of a swing trade which I am confident with but anyway let us see how this takes us
Simple analysis!Let's monitor the EUR/JPY chart on the H4 time frame. This is a very simple but long-term highly effective analysis, followed by execution of positions and management.
For buying, we look above the 162.500 zone, and for selling, below the same level. Targets are marked on the chart.
EUR/JPY Outlook: Key Pivot Holds Crucial for UpsideHello,
FX:EURJPY pair could face further downside if the 1M and 1D pivot points fail to hold, though they have so far acted as support, with prices closing above these levels. Confidence remains strong for a potential upward move, but this will depend on the price sustaining itself above the 1M pivot point.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
EUR-JPY Resistance Ahead! Sell!
Hello,Traders!
EUR-JPY is going up to
Retest the horizontal resistance
Of 162.620 so after the
Retest we will be expecting
A local bearish pullback
Sell!
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EURJPY CONTINUOUS SELL PROJECTION EURJPY has been going deep after price hit the weekly supply zone, and I still expect price to drop as predicted. Check former trades on my page for updates on this trade
8.48R EURJPYI think there is a good chance of this move playing out.
Probably about 40% chance of success.
Eurjpy for shortPrice broke out of a bullish trendline, wait for retest and a bearish candlestick pattern.
