EURJPY ShortsSee my USDJPY notes for fundamentals supporting the short. Taking this short after equal highs were swept after US holiday. Should see lower pricing with fundamentals and to mitigate the opening gap from last week.
EURJPY trade ideas
EURJPY shorting oppertunityeurjpy showing resistance and tested two times , also having sell orderblock and fvg on 15 min.
EUR/JPY BEARISH BIAS RIGHT NOW| SHORT
Hello,Friends!
We are now examining the EUR/JPY pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 172.093 level.
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Short ideaWill be going short from here on, chasing lower imbalance daily showing signs of reversal. Please note this is not financial advice
EURJPY 5TH JULYSeeing EURJPY close as an indecision candle on the daily timeframe we can see that it formed a potential double top on the 4hr .
Trade Signal: EURJPY - SellDear Traders,
We have identified a trading opportunity on the EURJPY currency pair. Here are the details for the trade:
Direction: Sell
Enter Price: 173.221
Take Profit: 173.02666667
Stop Loss: 173.50466667
Our forecast is based on the analysis provided by the EASY Quantum Ai strategy. The prediction for a downward movement in EURJPY is supported by several key factors:
1. Technical Indicators: Our system has detected bearish signals from multiple technical indicators. These include moving averages converging towards a sell position and momentum indicators indicating a potential price drop.
2. Market Sentiment: There is a bearish sentiment among market participants, with many traders showing a preference for selling EURJPY. This negative sentiment is influenced by recent news and economic data that favors the Japanese Yen over the Euro.
3. Economic Data: Recent economic reports highlight a stronger performance in the Japanese economy compared to expectations, while the Eurozone is facing certain economic challenges. These discrepancies have added pressure on EURJPY, driving our forecast for a potential sell-off.
To summarize, the EURJPY trade forecast utilizes the sophisticated analytical capabilities of the EASY Quantum Ai strategy, which incorporates both technical and fundamental analysis to provide reliable trading signals.
Always remember to trade responsibly and adjust your trading size to match your risk tolerance.
Happy Trading!
EUR/JPY H4 | Bullish uptrend to continueEUR/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 173.67 which is a pullback support.
Stop loss is at 172.93 which is a level that lies underneath a pullback support.
Take profit is at 175.31 which is a level that aligns with the 100.0% Fibonacci projection level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
EURJPYI think that this chart has reached the end of its path, that is, it has reached the end of its pattern point, and it should have a price drop from now on.
The price range of 175 has not been repeated since 2008
A price and resistance range is important
The price should return from this range and reach equilibrium
I am waiting for signs of collapse and selling
I enter after seeing the signs
EURJPY Trading Signal: BuyTraders,
We have a new trading signal for the EURJPY currency pair. Based on our analysis and the EASY Quantum Ai strategy, we recommend the following:
Direction: Buy
Enter Price: 174.486
Take Profit: 174.91733333
Stop Loss: 173.64733333
Analysis and Justification:
The EURJPY pair has shown a consistent uptrend over the past few trading sessions, fueled by strong economic indicators coming out of the Eurozone, including improved industrial production and positive sentiment in the financial markets. Moreover, the Japanese Yen has been experiencing weakness due to the Bank of Japan's dovish monetary policy stance.
Our EASY Quantum Ai strategy has identified this as an ideal buying opportunity based on the following factors:
1. Trend Analysis: The EURJPY is trading above significant moving averages, indicating a bullish trend.
2. Momentum: The momentum indicators are showing positive signals, suggesting that buying pressure is prevalent.
3. Sentiment: Market sentiment remains bullish for the Euro against the Yen, supported by macroeconomic trends and investor confidence.
We advise adhering strictly to the outlined entry, take profit, and stop loss levels to manage risk effectively.
Happy trading,
Your EASY Quantum Ai Team
Eur/Jpy Has Left The channel again but Will It Close Here?Look at this channel... And it is a channel!
It is more clear with a line chart showing closing prices.
Price keeps leaving this channel and has left it many times since 2022 , and never 1 time closed outside of this channel.
I do not believe this current price will close outside of this channel.
This leads me to believe that we should sell right now.
I know a sell seems impossible... but we have some evidence that price will not close here.
We have a sell signal on the 15min time frame.
I believe we can sell from here.
EURJPY 4TH JULY Seeing EURJPY close really bullish from yesterday and the 4hr structure is pushing to the upside we could see a retracement for a HL on the 4hr before a move higher
EURJPY FOR BEARISHLooking for this structure. Every new high will be the last top. Hope so. Trade carefully
EURJPY my analysis with "Financial Purge".A large zone from the monthly and the upper line of the parallel where it touches it once again and based on the volatility, my analysis is that we will have a drop here of at least 200 pips. It remains to be seen how the price will react in this zone!
EURJPY LONG SETUPAfter a bullish closure from yesterday, we can see the market broke 1hr trendline area of resistance but is still trading below 173.750 area of resistance. if price breaks the area we could look for further push to the upside for the day.
Trade Signal for EUR/JPY PairDirection: Sell
Enter Price: 171.056
Take Profit: 170.70833333
Stop Loss: 171.39733333
Dear Traders,
We have identified a promising short-selling opportunity for the EUR/JPY currency pair based on our analysis using the EASY Quantum Ai strategy. Here's a detailed breakdown of our forecast:
1. Technical Indicators: Our indicators signal an overbought condition in the EUR/JPY pair, suggesting a potential reversal. The RSI (Relative Strength Index) and Stochastic Oscillator point towards bearish divergence, indicating a downward movement is imminent.
2. Trend Analysis: The recent upward trend seems exhausted with consistent lower highs and a failure to breach resistance levels. The downward momentum is gaining strength, which aligns with our selling direction.
3. Market Sentiment: Sentiment analysis from various sources, including futures and options markets, shows an increase in bearish positioning on the EUR/JPY pair. The market participants’ outlook supports a sell-off in the near term.
4. Fundamental Factors: Diverging economic data between the Eurozone and Japan shows stronger economic resilience from Japan. This discrepancy is likely to exert downward pressure on the EUR/JPY pair.
Based on these comprehensive factors, we recommend entering a short position at 171.056 with a take profit target of 170.70833333 and a stop loss at 171.39733333 to manage risk effectively.
Please ensure to adjust your positions according to your risk management rules and follow any upcoming economic data that may impact the currency movement.
Happy Trading!
EASY Quantum Ai Strategy Team
The KISS principleI have always been a big believer in simple is best. Consider the daily EUR/JPY chart with the 55 and 200-period moving averages that I consistently use. Notice how the market mean reverted to the 200-day MA in December 2023 and retested it in January 2024 before resuming its upward move.
In February 2024, once the market regained the 55-day MA, it stayed above this level, consistently testing and bouncing off it. If you had simply bought the dips to this moving average throughout the year, it would have been a highly effective trading strategy!
This is a great example of the effectiveness of using the 55 and 200-period moving averages in a TRENDING market, emphasizing key points about mean reversion and trend-following.
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The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
EUR/JPY H4 | Strong support zone at 23.6% Fibonacci retracementEUR/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 172.38 which is a pullback support that aligns with the 23.6% Fibonacci retracement level and coincides with an ascending trendline support.
Stop loss is at 171.15 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement level.
Take profit is at 173.67 which is a pullback resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
EURJPY: One More Gap 🇪🇺🇯🇵
EURJPY may fill the Monday's gap soon.
I see a strong bearish intraday confirmation:
a breakout of a support line of an expanding wedge pattern on an hourly time frame.
The market may drop to 172.70 / 172.46
❤️Please, support my work with like, thank you!❤️
EURJPY - Sell Stop- Bearish divergence at Resistance of Parallel Channel
- Entry if 0.78 Fib level is broken and last HL is broken
EURJPY ANALYSISSeeing that EURJPY closed really bullish from yesterday we could be looking to go long but wait for price to trade to the confluence areas listed in the video for a good position
Trade Alert: EURJPY - Direction: SellAttention Traders,
We have detected a potential sell opportunity on the EURJPY currency pair. Here are the key details of this trade:
Direction: Sell
Enter Price: 173.407
Take Profit: 172.693
Stop Loss: 173.895
Rationale for Trade:
Our decision to issue a sell signal is based on a comprehensive analysis using the EASY Quantum Ai strategy. Several factors have influenced this outlook:
1. Technical Indicators: Recent analysis of moving averages and MACD signals indicates a bearish momentum. The EURJPY pair has also broken below key support levels, suggesting a potential further downtrend.
2. Market Sentiment: Current market sentiment shows a rise in risk aversion due to geopolitical tensions and uncertain economic data from the Eurozone. This generally results in strength for the Japanese Yen as a safe-haven currency.
3. Economic Data: Latest reports highlight a weakening in certain economic indicators for the Eurozone, such as industrial production and consumer confidence. On the other hand, Japan has shown signs of economic resilience, supporting the JPY.
4. Price Action: The EURJPY price action reveals a descending channel pattern. Given this technical setup, entering a sell position around 173.407 is strategically positioned to exploit the expected downward movement.
We highly recommend monitoring this trade closely and looking out for any shifts in market conditions. Stay tuned for further updates based on additional data and analysis.
Trade wisely and always manage your risks effectively.
Happy Trading,
EURJPY- EuroJen Forex Pair - Idea I EURJPY
12M: bullish with targets at:
169 → yearly high
174-180 → grey Zone (38,61ext.)
and 187 → yearly high
→ grey zone possible reversal
Quarterly: Bullish Candle closing at the highs
→ close to grey zone, Stochastic at 97
→ bit careful with bullish trades here since Bears might show at 174
Monthly: Pin Bar but poor results. Sentiment is turning from bullish to neutral- bullish since we are seeing a Ascending triangle forming. The triangle is pointing towards the 187 yearly target. A bullish trendline is in place so only bullish trades are taken until the trendline is broken…
→ Stochastic is OB
→ break of triangle might be volatile and intersting to trade
3D: no sign of weakness yet.
All above mentioned Zones will be monitored for possible Signals.
Thanks for reading
