EurJpy Trade IdeaI sent out longs on EJ and stated price being bullish after respecting a support level below. Price ended up shifting structures on the smaller time frame which made all time frames bullish. Price is currently playing in my favor with just a few pips away from targets. Solid entry, solid risk to reward.
EURJPY trade ideas
EUR/JPY "The Dragon" Forex Market Heist Plan on Bullish🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the EUR/JPY "The Dragon" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 👀 Be wealthy and safe trade.💪🏆🎉
Entry 📈 : You can enter a Bull trade after the MA Breakout,
however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Using the 2h period, the recent / nearest low or high level.
Goal 🎯: 167.000 (or) Escape before the target
Scalpers, take note : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Fundamental Outlook 📰🗞️
Based on the fundamental analysis, the EUR/JPY pair is expected to move in a bullish trend, with the Euro expected to strengthen against the Yen. The Eurozone's improving economic indicators, accommodative monetary policy, and expansionary fiscal policy are expected to support the Euro, while Japan's slowing economic growth, low inflation rate, and contractionary fiscal policy are expected to weaken the Yen.
Economic Indicators: The Eurozone's economic indicators, such as GDP growth rate, inflation rate, and unemployment rate, are expected to improve in the coming months.
Monetary Policy: The European Central Bank (ECB) is expected to maintain its accommodative monetary policy, which could support the Euro.
Fiscal Policy: The Eurozone's fiscal policy is expected to be expansionary, which could support economic growth.
Trade Balance: The Eurozone's trade balance is expected to improve, which could support the Euro.
Interest Rates: The ECB is expected to keep interest rates low, which could support the Euro.
Japan's Economic Indicators
Economic Growth: Japan's economic growth is expected to slow down in the coming months.
Inflation Rate: Japan's inflation rate is expected to remain low, which could weaken the Yen.
Monetary Policy: The Bank of Japan (BOJ) is expected to maintain its accommodative monetary policy, which could weaken the Yen.
Fiscal Policy: Japan's fiscal policy is expected to be contractionary, which could weaken the economy.
Trade Balance: Japan's trade balance is expected to deteriorate, which could weaken the Yen.
Comparative Analysis
GDP Growth Rate: The Eurozone's GDP growth rate is expected to be higher than Japan's.
Inflation Rate: The Eurozone's inflation rate is expected to be higher than Japan's.
Interest Rates: The ECB's interest rates are expected to be higher than the BOJ's.
Trade Balance: The Eurozone's trade balance is expected to be better than Japan's.
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
EURJPY Expected Growth! BUY!
My dear followers,
This is my opinion on the EURJPY next move:
The asset is approaching an important pivot point 160.48
Bias - Bullish
Safe Stop Loss - 159.81
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 161.71
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 → Consolidating before dropping to 157.00OANDA:EURJPY is under pressure. This currency pair has broken its local uptrend. In the context of weak fundamental and technical foundations, overall market pressure may be experienced.
On the global timeframe, the pair lacks a clear trend and has been trading mainly within the range of 166 - 156. A closer look reveals that the recent growth attempt failed near the intermediate high. As the price approached a local resistance level, it reversed and stabilized below the EMA, moving toward the lower boundary of the flat range.
Locally, a structural shift has confirmed the bearish nature of the market. However, before further declines, the price may form a corrective move. Using Fibonacci levels to measure this potential correction, the short-term levels to watch are 0.618 (161.75) and 0.5 (162.28). In the medium term, however, the decline may continue.
Rate, share your opinion and questions, let's discuss what's going on with OANDA:EURJPY :)
Regards R. Linda!
EurJpy Trade IdeaWith EJ respecting a support level and shifting structures on the smaller time frame I've decided to get into some longs for a 1:3rr with stops just below structure. If all goes well and price respects the shift at the level then we could expect bullish structures to continue running from here. We may see a range continuation between 161.445 and 164.424
eurjpy buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Bearish drop?EUR/JPY is reacting off the pivot and could potentially drop to the 1st support.
Pivot: 161.39
1st Support: 157.91
1st Resistance: 165.23
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
A short sell on EURJPYOn the monthly timeframe, EUR JPY is bullish as the previous low at 154.414 did not break the last low. Therefore we expect a bullish continuation to the previous high indicated around 175.348. However, this sell analysis focuses on a catching a short sell setup within this bullish monthly structure on the 1D timeframe, before prices goes back to the last high.
If this sell setup holds, areas of interest include
Entry: 165.596
Target: 156.160
Stop Loss: 167.664
EURJPY Massive Short! SELL!
My dear subscribers,
My technical analysis for EURJPY is below:
The price is coiling around a solid key level - 163.75
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 162.82
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
EUR/JPY 4H: Key Fibonacci and Volume Profile LevelsOANDA:EURJPY EUR/JPY 4H: Key Fibonacci and Volume Profile Levels
Analysis:
Description:
The chart displays the EUR/JPY currency pair on a 4-hour timeframe. It includes several key indicators and annotations such as Break of Structure (BOS), Change of Character (ChoCH), Fibonacci retracement levels, and volume profile. The RSI indicator is also shown at the bottom of the chart.
Analysis:
Price Action and SMC Analysis:
Break of Structure (BOS): Multiple BOS points are marked, indicating significant shifts in market structure.
Change of Character (ChoCH): These points suggest potential reversals or shifts in market sentiment.
Fibonacci Retracement Levels: Key levels at 0.382 (163.34288), 0.5 (162.977), 0.618 (162.59712), 0.705 (162.3222), and 0.786 (162.06624) are plotted, indicating potential support and resistance zones.
Volume Profile: High volume nodes at 163.612, 163.208, and 160.897 suggest strong interest and potential areas of price reaction.
RSI Analysis:
The RSI is currently around 46.42, indicating a neutral to slightly bearish momentum. The RSI has previously shown oversold conditions, suggesting potential buying opportunities.
Buy Strategy
Entry: Consider entering a long position at the 0.618 Fibonacci level (162.59712) as it aligns with a high volume node and potential support.
Take Profit 1 (TP1): 163.208 (61 pips)
Take Profit 2 (TP2):: 163.612 (101 pips)
Stop Loss (SL): 162.06624 (53 pips)
Sell Strategy
Entry: Consider entering a short position if the price breaks below the 0.786 Fibonacci level (162.06624) with confirmation.
Take Profit 1 (TP1): 161.500 (56 pips)
Take Profit 2 (TP2):: 160.897 (117 pips)
Stop Loss (SL): 162.59712 (53 pips)
VIP Signal
Buy Signal: Entry: 162.59712 TP1: 163.208 (61 pips) TP2: 163.612 (101 pips) SL: 162.06624 (53 pips)
Sell Signal: Entry: 162.06624 TP1: 161.500 (56 pips) TP2: 160.897 (117 pips) SL: 162.59712 (53 pips)
Follow @Alexgoldhunter for more strategic ideas and minds
This comprehensive analysis leverages Price Action, Smart Money Concepts (SMC), and ICT Elliott Wave strategies to provide detailed buy and sell strategies. The Fibonacci retracement levels, volume profile, and RSI indicators highlight key areas of interest for optimal trading decisions.
eurjpy buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
EURJPY Sell ForecastEURJPY New forecast👨💻👨💻
Note:
Follow proper risk management rules. Never risk more then 2% of your total capital. Money management is the key of success in this business...... Set your own SL & TP.
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