EURJPY at neck line ready for BuyThe inverted head and shoulders pattern is a bullish reversal pattern used in forex trading to signal a potential change in trend from bearish to bullish. Here we can also look the same patterns.
JPYEUR trade ideas
EUR-JPY Bullish Bias! Buy!
Hello,Traders!
EUR-JPY will soon retest
A horizontal support level
Of 163.410 while trading in
An uptrend so we are
Bullish biased and we will
Be expecting a further
Move up
Buy!
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EURJPY - Bullish IdeaPrice is moving in Bullish trend.
If price Breakouts at Higher high, price may further go up.
Additionally, Bullish Flag also indicates continuation of bullish trend.
Stop loss is below Higher low.
eurjpy short conditionaleurjpy
short conditional
Please don't be greedy
ENTRY : yellow point
TP : blue lines
SL :
below red line for LONG position
above red line for SHORT position
INSTRUCTIONS:
For risk and money management:
5% of your wallet for LEV X ≤20
And
3% of your wallet for LEV X ≥ 20
EURJPY: Will Start Falling! Here is Why:
The recent price action on the EURJPY pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down.
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EURJPY continue its TRENDBULLISH SCENARIO
1.flag projection will be tp.
2.No any signs of divergence
3.bullish continuation flag pattern occur.
4.drive with the trend.
5.Resistance become support.
EUR JPY Entry Setup 2 Hour TimeframeOn the 2 hour timeframe, EURJPY has formed a bullish rectangle continuation pattern, followed by a strong breakout to the upside.
To confirm our entry, we need to wait for the price to pull back to the retest level, where we'll look for candlestick confirmations before entering a buy position.⏰
EUR JPY Trade Setup 4 Hour TimeframeOn the 4-hour timeframe, EUR JPY is pulling back for a retest of the broken resistance level, which has now turned into a new support level.
The pair continues to move in an uptrend, forming higher highs and higher lows while bouncing off a support trendline.
We will be looking for buy opportunities as the price tests this key support level.
EURJPY - Using Technical Tools To Pin Point Key LevelsFINALLY we're seeing some movement in the markets. Now the question is "what do we do next?"
in this video we're going to break down the EURJPY, looking at both Bullish Trend Continuation 7 Bearish Counter-trend trading opportunities.
More importantly I'm going to walk you through how I use various technical tools to take a large prediction zone & make it more manageable.
Please leave any questions or comments that you may have below.
Akil
EUR/JPY Eyes 164.80 Amid Bullish MomentumThe EUR/JPY pair exhibits a strong bullish trend, with prospects of reaching the 164.80 level soon. Recent movements reflect a recovery fueled by the divergence between the Eurozone and Japan's monetary policies. The European Central Bank (ECB) maintains higher interest rates, while the Bank of Japan (BOJ) continues a cautious approach to normalization, leading to a weaker yen.
A break above 163 signals bullish momentum, possibly extending to 164.50-164.80 if supported by favorable eurozone data or dovish BOJ commentary. Caution is needed for potential resistance challenges.
Technical Factors:
- Key Resistance Levels: 163.00, 164.80
- Key Support Levels: 162.00, 161.50
Around 1000 pips to the upside here EURJPY is still very strong and will continue climbing here , there's around 1000 pips to be made here. The big boys need to mitigate the previous bearish orange order block.
I've used a Renko chart to represent price and price action. As you can see a nice base has formed during the second week of September, followed by unusual high bullish volume in the first week of October. The roadmap is clear, we're most likely going to see a double top here at around 175 , with an intermedia target at around 170.
Disclaimer: white bars = up, black bars = down, green bars = unusual high bullish volume, red bars = unusual high bearish volume.
EURJPY BUY FORECASTEURJPY New forecast👨💻👨💻
Note:
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EUR/JPY - Potential Buy Reentry H4 TFTechnical analysis based on Basic BBMA strategies( Bollinger Band and Moving Average). This is just a potential market projection where the market price can go. Trade wisely.
EURJPY BREAKOUR OR FAKE OUT?The recent breakout in the EUR/JPY currency pair can be attributed to a confluence of macroeconomic factors and technical signals. Primarily, the divergence in monetary policy between the European Central Bank (ECB) and the Bank of Japan (BoJ) has created a favorable environment for the euro to appreciate against the yen. The ECB's inclination towards tightening monetary policy in response to persistent inflationary pressures in the Eurozone contrasts sharply with the BoJ's continued commitment to maintaining its accommodative stance, including negative interest rates and yield curve control. This divergence has led to increased capital inflows into the Eurozone, bolstering the euro's value. Additionally, technical analysis indicates that the pair broke through a significant resistance level, triggering further buying momentum as traders sought to capitalize on the upward movement. Coupled with improved economic indicators from the Eurozone and ongoing geopolitical uncertainties in Asia, these elements collectively contributed to the EUR/JPY breakout, signaling potential for further appreciation in the near term.
Breakout on EURUSDThe bearish pressure in EURUSD continues, and yesterday it broke the previous low.
The next support levels are 1,0783 and 1,0745.
Meanwhile, EURJPY has broken the resistance of its sideways movement.
If the rise continues, the target will be 167,35!
GBP is performing better than EUR, which adds extra strength to GBPJPY.
These are the opportunities we review daily in the premium channel!
EUR/JPY Sellers Test Support Amid Bullish Long-Term OutlookHello,
FX:EURJPY sellers are stepping in heavily at the moment, aiming for further support tests. However, despite minor fluctuations, the long-term outlook remains bullish.
TradeWithTheTrend3344
EUR_JPY SHORT FROM RESISTANCE|
✅EUR_JPY went up to retest a horizontal resistance level of 163.665
Which makes me locally bearish biased
And I think that a move down
From the level is to be expected
Towards the target below at 162.600
SHORT🔥
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EUR/JPY Technical Analysis:(READ DESCRIPTION)EUR/JPY Technical Analysis: Upside Potential with Key Support at 162.53
Pivot Point: 162.53
The pivot at 162.53 is a crucial support level for EUR/JPY, acting as the foundation for potential upward movement. As long as the pair holds above this level, bullish momentum could take the price higher.
Our Preference: Long Positions
Recommended Trade:
Long positions are favored as long as the price remains above the 162.53 pivot point. This could lead to a significant move toward higher resistance levels.
Target Levels for Upside Movement:
First Target: 164.52
This is the main upside target where traders may aim to take profits or assess further bullish continuation.
Alternative Scenario: Downside Risks
If the price drops below 162.53:
Bearish Outlook:
First Target: 161.79
Second Target: 161.35
These levels serve as potential support zones if a bearish trend emerges.
Technical Insights:
RSI Indicator:
The RSI is above 50, signaling bullish momentum. This suggests that the price has potential to rise further as buying interest increases.
MACD Indicator:
The MACD is positive but below its signal line, indicating potential short-term retracement before the uptrend resumes.
Moving Averages:
The price is trading above both the 20-period and 50-period moving averages (163.03 and 162.76, respectively), reinforcing the bullish outlook.
eurjpy long resultseurjpy
long
targets 1 2 3 4 done
all targets done
66% lev x 100
13% lev x 20
congratulations followers
you have to learn, tireless. You have to make sacrifices to be a good trader: dedicate time, invest money, win some, lose some, invest money to train, you must never be discouraged.You must learn to one day be a winner and financially free.
you will love trading with me
EUR/JPY For Bullishyou can go long now
or
wait for break the current resistance at red arrow and then go long
- General Trend is Up
- JPY under pressure
have fun :)
EURJPY sell ahead of resistanceWe are targeting a sell entry at 163.3, as current sentiment indicators signal overbought conditions. This suggests a potential short-term reversal, making this an opportune moment to position for a downside move.
I am also expecting EUR to cut rates this week.
EURJPY #EURJPY
Price is ranging between supply and demand and currently reacting to the supply zone. If price doesn’t break the supply zone, then expect pullbacks to the demand and also a break to the indicated OB on the chart. 📈
Don't sell. If you see a bearish trend or confirmation on the lower TF, then you can sell to the demand.
EURJPY: Technical Outlook ExplainedEURJPY is currently trading in a tight range on the 4-hour chart.
To confirm a bullish trend, wait for a break above the upper boundary of the range at 163.58, with a potential target of 164.50.
Conversely, a break below the support of the range could lead to a bearish continuation towards the 161.20 support level.
