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Eur-jpy

EURJPY is facing bullish pressure, potential for further bounce!EURJPY is facing bullish pressure from the ascending trendline support and might bounce from 1st support level which is in line with horizontal swing low support as well as 78.6% fibonacci extension and 50% fibonacci retracement. Prices might hit 1st resistance target which coincides with horizontal swing high resistance, 78.6% fibonacci extension and 161.8% fibonacci retracement. If prices fall through the ascending trendline support, prices might hit 2nd support in line with 78.6% fibonacci retracement and 78.6% fibonacci extension. EMA is also below prices, giving prices a bullish pressure.
Long
by TradeGATEHub
2
EUR/JPY Long Term Bullish ViewGood morning traders, today we bring you our long-term bullish analysis on the EUR / JPY pair. 🔸As we can see, the price broke the bearish channel. 🔸After that break, there was a consolidation that lasted for a few months. 🔸Last month, we saw a strong bullish break from that correction, which was a confirmation that the previous momentum was continuing. 🔸We believe that the price has the potential to reach the resistance zone at 133,000, about 300 pips away from the current price level. 🔸In case that area is broken, the next level to take into account is the previous high, at 137,000. 🔸Here below we leave the daily chart where you can see the structures with more detail:
Long
by ThinkingAntsOk
6
EURJPY CLOSED MANUALLY FOR +40 PIPS PROFIT!Good morning traders. As we spoke on our last analysis post. We entered a few positions first thing Monday morning and one of those positions was EURJPY. We've been chasing this pair for a while now and profited massively last week on it. We entered another position yesterday and profited a further +40 PIPS which was a big gain. We currently have one more position running from yesterday and we are currently looking for further setups to enter today. Have a great Tuesday and we will update you on further positions later.
Long
by Forexinsightsuk
3
EURJPY 4hour Analysis March, 7th, 2021EURJPY Long Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: This pair has been bullish overall but we’re seeing a bit of consolidation at the current zone. For us to comfortably continue with a long position we want to see a break of 129.450 with a higher low above. Target higher toward prior highs and negative fib levels. Trade scenario 2: For us to consider EJ bearish on this 4hour timeframe we need to see a major break of 128.850. Target toward major support at 128.300 and re-analyze.
Long
by ForexLeague
EURJPY is facing bullish pressure, potential for further upsidePrice is facing bullish pressure from 1st support level which is a horizontal swing low support, in line with 61.8% fibonacci retracement and 50% fibonacci extension level. Price might bounce up from 1st support to the 1st resistance which coincides with the 78.6% fibonacci retracement. If prices fall through 1st support and the ascending trendline support, it might reach 2nd support level which is the next horizontal swing low resistance, in line with the 78.6% fibonacci extension.
Long
by TradeGATEHub
2
EURJPY facing bullish pressure, potential for more upsidePrices are currently taking support on the 1st support which coincides with 50% Fibonacci extension as well as 61.8% Fibonacci retracement . Prices might bounce higher towards 1st resistance which coincides with swing high resistance and 61.8% Fibonacci extension level. If prices fall through first support, it is likely to reach the graphical swing low support which coincides with 78.6% Fibonacci extension . EMA also suggests that there is a bullish pressure on prices.
Long
by FXCM
4
EURJPY facing bullish pressure, potential for more upsidePrices are currently taking support on the 1st support which coincides with 50% Fibonacci extension as well as 61.8% Fibonacci retracement. Prices might bounce higher towards 1st resistance which coincides with swing high resistance and 61.8% Fibonacci extension level. If prices fall through first support, it is likely to reach the graphical swing low support which coincides with 78.6% Fibonacci extension. EMA also suggests that there is a bullish pressure on prices.
Long
by FXCM
5
eur jpy longThis pair is in an uptrend creating higher highs and higher lows. We have shown rejections at a key fib level, rejecting 50ma and also respecting our trend line drawn on. The more confluences the better! On lower time frames we were in a downtrend creating lower lows and lower highs. A double bottom has been formed, we have broken our counter trendline and we have created a higher high- breaking the short term downtrend I will consider a long position if we get a pullback/correction and create a higher low. What do you guys think? Let me know in the comments.
Long
by Geordiefx
1
EURJPY - SWING - 02. MAR. 2021Welcome to our weekly trade setup ( EURJPY )! - 1 HOUR Bullish reaction and closure above main sr level. 4 HOUR Expecting another upside push. DAILY Overall bullish market in a pullback, good long entries! - FOREX SWING BUY EURJPY ENTRY LEVEL @ 128.500 SL @ 127.640 TP @ 129.690 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
45
EURJPY moving up 🦐EURJPY after the break above the resistance structure created a nice bullish impulse. The price is moving inside an ascending channel and according to Plancton's strategy if the conditions will be satisfied we can 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. Feb 23 Comment:
Long
by InkyGrip
10