EURJPY 4hour Analysis October 24th, 2021EURJPY Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bullish
4hour Trend: Bearish
Trade scenario 1: The daily timeframe is bullish but we can see clearly on the 4hour that price action is retracing and still needs to form structure before we look to higher targets.
Ideally we see a higher low form near 131.300 which is a great confluence area.
Trade scenario 2: If we see a break of 131.300 with a lower high below we can begin looking for short opportunities.
Eur-jpy
EURJPY potential bullish continuation |22nd Oct 2021We can expect price to bounce at the pivot level in line with 23.6% Fibonacci retracement and graphical overlap support towards the take profit level in line with daily resistance and 100% Fibonacci projection . Our bullish bias is further supported by the price holding above the Ichimoku cloud and stochastic indicator where the %K line bounces off the support level .
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EURJPY potential bullish continuation |22nd Oct 2021We can expect price to bounce at the pivot level in line with 23.6% Fibonacci retracement and graphical overlap support towards the take profit level in line with daily resistance and 100% Fibonacci projection. Our bullish bias is further supported by the price holding above the Ichimoku cloud and stochastic indicator where the %K line bounces off the support level.
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Sell Signal for EurJpyHello, I'm looking to sell this trade after it breaks that HH that is on lower time frames.
Last week there wasn't much for me to trade or that I felt sure so I took a break.. I did trade on AUDCAD for 50 pips in the last couple of days but decided to not post it.
This has been super bullish for the past week I'm looking for this reversal but again I'm only going to enter if BOS occurs.
This is a Trade that I'm looking to BUY or SELL:
BUY/SELL: SELL
ENTRY: EurJpy
Lot size: 2-3%
Stop Loss:133.500 (20Pips SL)
TP1:132.900
TP2:132.540
TP3:(SWING)
*Disclaimer:
Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. Past profits do not guarantee future results.***
EURJPY approacing pivot, potential for reversal | 20th OctPrice is trading near the graphical overlap resistance level of 133.651 and Fibonacci retracement of -27.2%. Price can potentially dip to the take profit level of 132.772 which is Fibonacci retracement of 50% and 78.6% Fibonacci projection . Our temporary bearish bias is supported by stochastic indicator where it is on resistance level .
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the websit
EURJPY approacing pivot, potential for reversal | 20th OctPrice is trading near the graphical overlap resistance level of 133.651 and Fibonacci retracement of -27.2%. Price can potentially dip to the take profit level of 132.772 which is Fibonacci retracement of 50% and 78.6% Fibonacci projection. Our temporary bearish bias is supported by stochastic indicator where it is on resistance level.
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the websit
EURJPYHere on the 15m TimeFrame of the EURJPY, market is quite bearish. If price manages to break the trendline with a good confirmation to sell, we'll be capitalizing reactively on this move to the downside: at least to 60% of the correction, or beyond. Apply proper risk and trade management.
Thanks and good luck.
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EURJPY double bottom 🦐EURJPY on the daily chart created a double bottom over a daily support.
The price is moving at a confluence point near to a dynamic support and according to Plancton's strategy if the market will break above the resistance we will set a nice long order.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
EUR/JPY: PRICE WILL CONTINUE TO GROW ? SHORT SETUP 🔔Welcome back Traders, Investors, and Community!
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EURJPY 4hour Analysis October 17th, 2021EURJPY Bullish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4hour Trend: Bullish
Trade scenario 1: Over extended seems to be the theme of the week and EJ is no different. The good thing here is that we appear to be finding resistance near 132.700, our new high.
From here we’re looking for structure forming pullbacks. Ideally we can spot a reversal near support around 131.300 where we can spot some potential long entries.
Trade scenario 2: For us to truly be bearish on EJ we would need to see an absolute break of support around 130.000 because price action can fall to 130.000, reverse and still be overall bullish.
Breakout Identified in EURJPY | 15th OctSignal ID: 77897
Time Issued: Friday, 15 October 2021 07:16:15 GMT
Status: open
Entry: 132.267 - 132.663
Limit: N/A
Stop Loss: N/A
The Breakout Opportunities system has just bought EURJPY at 132.522. The system recommends entering this trade at any price between 132.267 and 132.663. The signal was issued because the EURJPY has broken its 24-hour high while our Speculative Sentiment Index was at -2.187, suggesting that the EURJPY may have further to rise. A stop loss has been set at the 24-hour low of 131.503 and a profit target has been set at the 1 Day ATR level at 133.086. The system will move the stop to the next 24-hour low every time that 24-hour low is higher than the previous 24-hour low. Breakout Opportunities is a breakout strategy that aims to catch the significant moves that typically happen when currencies break through technical support or resistance.
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
EUR/JPY: BUTTERFLY PATTERN | SELL LIMIT SETUP | SHORTWelcome back Traders, Investors, and Community!
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Wait for a confirmed retracement and buying opportunity EURJPYDailytime frame.
Structure: Uptrend.
After the divergence and double bottom pattern appeared, EURJPY up to break the Key level at 130,700.
Here, waiting for a correction to the 129,000 price area, we can look for a long-term buy order.
The profit target is the 134,000 and 137.100 zone.
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Wish you all have a good trading day!
EURJPY Sell Good Afternoon All,
We are looking at opening our Short on this pair. Following on from last week Sell rally on the JPYs. Looking at JPY index we can see some sort of support at the 23% FIB level which we expect to drive the bullish run into the end of the year.
We have an a break of the trendline on Eurjpy and price has failed to break above the broken trendline instead closed below the price high. We should now look for a further leg lower with the anticipation of a strong JPY till the end of the year.
Entry and Sl Marked.
As Always like, share and comments are welcome.
Many Thanks
EURJPY potential reversal! | 11 Oct 2021EURJPY is on a bearish momentum. Price has the potential for bounce at our pivot /entry at 130.403 in line with 200% Fibonacci projection and dip towards our Take Profit at 129.667 in line with 61.8% and 38.2% Fibonacci retracement , which is a graphical overlap. Technical indicators are showing bearish momentum.
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
EURJPY SELLThis is a Trade that I'm looking to BUY or SELL:
BUY/SELL: EURJPY SELL
ENTRY:129.240
Stop Loss:129.510
TP1:129.295
TP2:128.400
TP3:(SWING)
*Disclaimer:
Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risks. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. Past profits do not guarantee future results.***
EURJPY is at a Pivot, potential for bounce! | 7th Oct 2021Price is currently testing below our daily bearish trendline and has the potential to bounce from our pivot at 128.584 which is a strong graphical overlap towards our Take Profit at 129.673 in line with 50% and 61.8% Fibonacci retracement. Stochastics is at an undersold level, supporting our bullish bias.
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EURJPY 1HR BUY SignalEurjpy is on a downtrend on the daily timeframe, the reason for this buy it's simple there is support and resistance with a quarter level and a Break of structure on the m15.
I have 2TP for this trade, I also posted the area that I'm looking to sell.
This is a Trade that I'm looking to BUY or SELL:
BUY/SELL: EURJPY BUY
ENTRY:128.750
Lot size: 2-3%(IF YOU ARE WANTING TO DO THIS FX TRADING LONG TERM)
Stop Loss: 128.600
TP1:129.200
TP2:129.650
TP3:(SWING)
*Disclaimer:
Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. Past profits do not guarantee future results.***