EURJPY Bullish Bias!EUR-JPY is trading in an
Uptrend and the pair
Broke the falling resistance
Which is now a support
Then made a retest and
Now we are already seeing
A bullish rebound so we
Will be expecting a
Further move up
EURJPY trade ideas
EUR JPY Trade Setup 30 mins timeframe. EUR JPY has formed an head and shoulders pattern on the 30 mins timeframe.
This pattern was formed at the 4 hour resistance level.
Now we need to see a soild candlesticks confirmation pattern before going short.
Don't trade all the time, trade forex only at the confirmed trade setups.
EURJPY: Very Bullish OutlookToday, I noticed a significant breakout on EURJPY as the market surpassed a horizontal supply zone and a key falling trend line.
The market closed above both levels with a bullish candle, suggesting a potential uptrend.
I believe this breakout could lead to further bullish movement, with the next target at 164.93.
Overlap support ahead?EUR/JPY is falling towards the support level which is an overlapa support that lines up with the 38.2% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 159.49
Why we like it:
There is an overlap support level which lines up with the 38.2% Fibonacci retracement.
Stop loss: 157.256
Why we like it:
The3re is a pullback support level which aligns with the 61.8% Fibonacci retracement.
Take profit: 164.87
Why we like it:
There is a pullback resistance level which aligns with the 78.6% Fibonacci retracement.
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EURJPY Bullish Is respecting the support and forming similar to triangle pattern with higher highs and soon the resistance will bake.
EUR/JPY: Short-Term Bearish, Long-Term Bullish OutlookHello Everyone,
The EUR/JPY pair currently has a significant number of sellers, leading to a bearish outlook in the short term. However, despite expected fluctuations, the long-term trend is anticipated to be bullish.
TradeWithTheTrend3344
EURJPY in a new bullish trend ? - High RiskEURJPY in a new bullish trend ? - High Risk
Once again all JPY pairs are rising and the bullish momentum is rising slowly.
This is in line with the comments from BOJ's influential deputy governor who said that the central bank won't hike interest rates when markets are unstable, decreasing the chance of a near-term hike in borrowing costs.
The Bank of Japan unexpectedly turned cautious on rate hikes amidst market volatility, which led to a sharp fall in the yen.
We may see all XXXJPY pairs rising slowly again.
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❤️
EUR/JPY Hit My Stop Loss -50 Pips , Will Wait For D Closure !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURJPY BUY TF H4 TP = 166.699 On the H4 chart the trend started on Aug. 05 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 166.699
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
EUR/JPY Broke Important Res Area, Is It Will Go Up Now ?We Can buy this pair now cuz we have a very good bullish Price Action , i prefer to wait for daily closure above the broken res level but let`s enter with small lot size and see what will happen !
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EJ will correctEJ have potential for some correction,
We filled some imbalances, this pair started to be overbought and need a bearish correction.
2 potential places for a short
EUR/JPY SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
Previous week’s green candle means that for us the EUR/JPY pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 157.470.
✅LIKE AND COMMENT MY IDEAS✅
EURJPY ANALYSISHere on Eurjpy price has been uptrend and now made some consolidation around level of 161.735 so if this level broker there is possibility of the market to move a very big high and targeting profits at level of 141.049 so is expected to use money management.
EUR/JPY Breaking-Out!!EURJPY_2024-08-13_14-41-33_929fe.png
A lot of buying the last 15 minutes coming into EURJPY
EURJPY Bulls Ready To RallyI am looking to BUY
- Nice bounce off MQP 160 creating BOS
- New Bullish CHOCH formed
- PB to the 62 fib
1st Target 162.5 , 2nd Target 163.75, and Final Target 165
EURJPY1.EURJPY has been on an uptrend.
2.It broke the uprend structure
3.It then made a retest of the break as ir formed an m15 continuation pattern.
4.It broke the m15 continuation pattern.
5.Now we sell EURJPY
EURJPY ShortThis price has been forming a pennant for the past few days, ever since it hit the support zone at 155.
I anticipate that this currency might continue with the bearish run if it retests the lower trend line of the pennant, which will be a confirmation that the bears are in control.
Entry point at 160.3 SL at 162 and TP at 155.3
EURJPY LONG/BUYReason for entry:
1. Complete regular flat within a regular flat
- Structure has been broken
2. OB ZONE taken by the pip
3. Liquidity EQUAL HIGHS (161.446)
Entry: 159.235 or current market price
Stop loss: 158.592
Take Profit: 161.440
WEEKLY BREAKDOWN ON EURJPYAfter seeing a big rejection and close above 160.000 monthly area we could be looking at a short term retracement and or a continuation
Eurjpy sellThe pair is on a downtrend and on a usual pattern, it consolidate for the whole of last week following the unemployment rate, and now it's ready to continue the sell ... wish you a week with wins
