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Eur-jpy

EURJPY facing bullish pressure | 23rd June 202EURJPY is facing bullish pressure as it now holds above the moving average support. We could see further upside above Buy Entry level, in line with 38.2%, 61.8% Fibonacci retracement, and horizontal pullback support, towards Take Profit level in line with -61.8%, 78.6% Fibonacci retracement, and horizontal pullback 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.
Long
by FXCM
EURJPY 4hour Analysis June 21st, 2021EURJPY Short Idea Weekly Trend: Bullish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: EJ recently turmed bearish last week as we saw price action plummet. We rejected support at 130.000 and price action is pulling back. Now we’re looking for structure formation and a test of resistance at 132.000 with a confirmed lower high, We’ll be looking for shorts in this area as bearish setups form. Look to target lower back to 130.000 Trade scenario 2: For us consider EJ bullish we need to see a break back above 132.000 first. We will be hesitant when looking for long opportunities as there are a lot of resistance levels that price action will have to break through and confirm.
Short
by ForexLeague
1
EUR/JPY Intraday Analysis Welcome back! Please support this idea with a LIKE if you find it useful. *** EUR/JPY- KiSS 2.0 Strategy Intraday Trade Idea (Short). Price is approaching major reversal zone, under 50 MA, Downtrend on 4 hr., all KiSS rules coming together, look for rejection in zone. If you do not use KISS 2.0, we suggest following the your own entry criteria rules. Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian Kenya Horton, BK Forex Academy
by BKTradingAcademy
EURJPY 4hour Analysis June 13th, 2021EURJPY Long Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: Overall we’re bullish on EJ higher timeframes. But we are seeing the 4hour starting to pick up more bearish momentum. Ideally, to continue with the 4hour trend we need to see a break of our key support level at 132.750. To enter short we first need to see a confirmed lower high below 132.750. Trade scenario 2: For us to consider EJ bullish we need to see a higher low above 133.650 with strong bullish setups. Look to enter long and target higher toward key resistance levels.
Short
by ForexLeague
EURJPY on a bear flag 🦐EURJPY after the recent high moved lower. The price is now moving inside a bear flag and according to Plancton's strategy if the price will break below we will set a nice short 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.
Short
by InkyGrip
💡Don't miss the great sell opportunity in EURJPYTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (133.42). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURJPYis in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 45. Take Profits: TP1= @ 133.10 TP2= @ 132.92 TP3= @ 132.73 TP4= @ 132.51 TP5= @ 132.34 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity
6
💡Don't miss the great sell opportunity in EURJPYTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (133.42). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURJPYis in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 40. Take Profits: TP1= @ 133.10 TP2= @ 132.92 TP3= @ 132.73 TP4= @ 132.51 TP5= @ 132.34 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_World
17
EURJPY potential for further downside |9th June 2021Prices are in a general downtrend. A bounce might be expected from horizontal swing high resistance in line with 50% Fibonacci retracement and 78.6% Fibonacci extension . Prices might push down towards horizontal swing low support in line with 78.6% Fibonacci retracement . If prices continue to retrace, prices might face resistance from horizontal swing high resistance in line with 61.8% Fibonacci retracement and 127.2% Fibonacci extension . Stochastics is also facing resistance from 89.79 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 interests 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.
Short
by FXCM
EURJPY 4hour Analysis June 6th, 2021EURJPY Short Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: EJ has been very bullish but we’re seeing a trend change on the 4hour timeframe. From where price is currently it’s looking more likely that price action will continue to fall. To enter short on EJ we need to see a confirmed lower high below our 133.350. Target lower toward major support. Trade scenario 2: For us to consider long opportunities on EJ we need to see a higher low back above 133.350. If this happens we will look to target higher toward our -27% fib level.
Short
by ForexLeague
EURJPY for new recent highs 🦐EURJPY after our last idea traded higher. The price after the perfect test of the 0.382 Fibonacci level is consolidating below a minor resistance. According to Plancton's strategy if the price will break above 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.
Long
by InkyGrip
8
The uptrend on EURJPY continues Like we've said before, we have an uptrend on all timeframes here on this pair. Today we will have more buying opportunities. We suggest that we see a breakout of current resistance at the 134,00 zone. This will send price up to 134,28 and 134,72. Use the higher target level, but make sure to look out for price reaction around the 134,28 level. Entries before a breakout of the resistance at 134,00 are not preferable, as they're not confirmed and fairly risky!
Long
by ForexTrendline
2