EURJPY Broke for downside close 50% of your position (+115pips banked) and move SL to BE. TP @ 161.910
EURJPY trade ideas
EURJPY {Bearish}Price seemed to break through heavy downwards, & with the results of the election, we could see the JPY surge. But as always, we must stay patient
EURJPY LONG 15min TIME FRAME EntryEURJPY BUY
Long Trade on EURJPY - Entry at 163.260 , Full TP at 164.200 - Fib 1.618 . STOP LOSS - 162.740 ( At the swing low) . aiming for 1:2 RR
TP1 @ 163.663
TP2 @ 164.200
EURJPY Sellers In Panic! BUY!
My dear followers,
This is my opinion on the EURJPY next move:
The asset is approaching an important pivot point 164.32
Bias - Bullish
Safe Stop Loss - 163.70
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 165.53
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
Eurjpy shorts Confirmed looking for further continuation pattern/pullbacks to scale up. Risk management.
EURJPY strong bearish expectations
EUR JPY strong bullish in last periods, currently bearish expectations here.
We have strong signs of exhaustion. Which are visible in DESCENDING TRIANGL which is created in CHANNEL pattern.
Check and analysis on CHFJPY and CADJPY same bearish expxectations there
SUP zone: 166.200
RES zone: 164.300, 163.500
eurjpy short for 100PIPS1. Trend and Market Analysis
Trend: Verify that EUR/JPY is in a clear downtrend, using moving averages or a trendline. If recent price action has been bearish, that would support a short setup.
Support and Resistance: Identify resistance levels above the entry to minimize risk if price reverses. A good entry would ideally be around a recent peak or just below a resistance level.
6-11 ProbelegEURJPY 6-11: The Yen seems to be gaining strength. Our system still indicates an uptrend but the pair is moving back to neutral. Therefore we already select a sell trade which we executed at 165.122.
#EURJPY 1DAYEURJPY Daily Analysis
The EURJPY pair is trading within a channel on the daily chart and is currently testing a trendline resistance near the channel's upper boundary. This confluence of resistance levels suggests potential selling pressure, as the price struggles to break through these barriers, creating a favorable setup for a sell position.
Technical Outlook:
- Pattern: Channel with Trendline Resistance
- Forecast: Bearish (Sell Opportunity)
- Entry Strategy: Sell near the trendline and channel resistance area
Traders may look to enter a sell position around this resistance area, targeting lower support levels within the channel. Confirmation from indicators like RSI showing overbought conditions or MACD signaling bearish divergence can strengthen this setup, adding confidence to the bearish outlook.
EUR strengthGiven the recent signs of strength in the Euro against the US dollar, taking a long position in EUR/JPY appears to be a promising strategy.
EURJPY BEARJust like the other pair i sent out there is a higher start due to the wick but the bear set up has two targets...
EUR-JPY Growth Ahead! Buy!
Hello,Traders!
EUR-JPY is trading in a
Strong uptrend along the
Rising support line so after
The retest we will be expecting
A further bullish move up
Buy!
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Check out other forecasts below too!
EUR/JPY BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
EUR/JPY pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 1D timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 158.543 area.
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EURJPY bullish ideaJump from a big resistance area and we are in a wedge upwards.
It is only technical analysis. Good luck
EURJPY 4hr LongEURJPY
🚀4hr Long🚀
💰ENTRY: 165.879
👎STOP LOSS: 164.938
TP TARGETS
⏰TP1: 166.819
⏰TP2: 167.711
⏰TP3: 168.653
✅ 1. Daily Time Frame: Price has been breaking bullish and trending above the 10/50/200 EMAs.
✅ 2. 4hr Time Frame: Price has made a valid pullback into the 10 EMA with at least 2 bearish candles.
✅ 3. Price has made a 123 Advanced Engulfing candle above the 50ema.
This is a great example of the 123 Advanced Engulfing strategy.
Swing Trade Idea #1Price has now break above strong support/resistance (supply and demand zone), a very well respected area. Now we wait for the price to retest the demand zone to buy, with my strategy it could be a 60% grade.
EU Good News and Uncertain BoJ Hike Timing (past)Fundamentals & Sentiment
EUR:
- COT
- Recent ec.data (GDP, CPI)
USD:
- Risks: pre-election swings
Technical & Other
Setup: TC(B)
Setup timeframe: 4h
Trigger: 1h
Medium-term: Up
Long-term: Up
Min target: 168.0
Stop loss: 0.22%
Position size: 0.5 of the normal Risk Unit
EURJPYCurrent market conditions show trend continuation signals across multiple timeframes, with key levels identified for potential entries and targets.
EURJPY STILL HEADING FOR 166.24. (bullish)Got a beautiful trade today after Germany's GPD was released during Europe trading session.. using OTE entry after BOS n MSS was confirmed inside a FVG.
Euro japanese yen Eurojpy is super postive breakout detected and it will continue to rise .targets in analysis .
EUR/JPYEUR/JPY Trade Plan (30th Oct 2024)
📉 Current Market Overview:
EUR/JPY remains in an uptrend as investors capitalize on higher Eurozone interest rates compared to Japan's, which keeps the yen weaker. With the pair approaching a key resistance level, here’s a detailed trade plan to consider.
Trade Setup:
1. Entry Point:
- Enter a Buy (Long) Position** at 165.50
- Alternatively, if there's a pullback, consider entering near the support at 165.00.
2. Stop-Loss:
- Place a Stop-Loss at 164.50 to protect against a potential downside move, just below recent support levels.
3. Target (Take-Profit):
- Set your **Take-Profit target at 170.00, aligning with the next resistance level and current uptrend momentum.
Rationale:
- Trend: The EUR/JPY has strong bullish momentum, with price trading above key EMAs (10, 50, and 200-day), indicating continued upward potential.
- Indicators: RSI suggests overbought conditions, but the overall trend remains intact.
💬 Summary:
This trade plan capitalizes on EUR/JPY's bullish trend while managing downside risk. A break above resistance could bring significant gains. Use caution and adjust according to market movements.
*Disclaimer*: This plan is for educational purposes. Consult with financial experts before trading.
EURJPY DOUBLE SIDEReaching the uptrend limit and then a very high RSI, EURJPY will then proceed to fall ;
it will reach one of these KL, not sure which one, before regaining a low RSI and getting ready to go back up ;
some zigzag might be there as well when it reached the limit.
