Get started

Eur-jpy

EURJPY 4hour Analysis January 10th, 2020EURJPY Long Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: Overall price action is very bullish on this pair and we recently saw a major break of resistance at 126.500. From here we want to see price action pullback to form structure near our 61.8% fib level. Look to enter long on bullish confirmations after we see a higher low form. Trade scenario 2: For us to consider short scenarios we need to see a break and retest of 126.500 with a confirmed lower high below. Look to enter short and target lower toward major levels of support.
Long
by ForexLeague
Trade Analysis- EUR/JPY - LongEUR/JPY(1HR) The pair has been moving to the upside creating higher highs and higher lows showing bullish momentum. We then saw price move back and forth, ranging between support and resistance levels. Price then had a push down to break out, although pushed back up and left wicking on the last candlestick. Could this be a fakeout and another push to the upside? I believe so. To enter a long position, i would like price to push up above our 20 EMA, and give us a clean retest before entering.
Long
by ashtogzuk
EURJPY testing a minor resistance 🦐EURJPY on the 4 h chart broke the range between 2 structures. The price is now testing a minor support over a dynamic trandline. According to Plancton's strategy if the condition will be satisfied 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
4
EUR/JPY Multi Timeframe Bullish AnalysisGood morning traders, today we want to share with you our weekly chart analysis on the EUR / JPY pair so that you can see why we consider that it has great upside potential. In addition, we will detail the short-term vision, which supports the long-term vision. 🔸In the Weekly chart, we see that at the beginning of the year the price bounced in a strong support zone, and since then the upside move has not stopped. 🔸Along the way, it broke out of the Descending Trendline, but began to retrace once it faced the resistance zone, and has since consolidated for the last few months. 🔸Now, we see that it is back in the area, retesting the local highs. 🔸If we reduce the timeframe, on the 4H chart, we can see that it is a clear cup and handle pattern. 🔸We consider that it would be safe to wait for a clear breakout from the current consolidation to be more certain of the move.
Long
by ThinkingAntsOk
EURJPY 4hour Analysis January 3rd, 2020EURJPY Long Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: Still very much bullish on all relevant timeframes. We recently saw a break of resistance at 126.500 but price action failed to confirm a higher low. Ideally we want to see a higher low above 126.500 before we enter long and target negative fib levels. Trade scenario 2: For us to consider short positions we need to see a lower high formed below support at 126.000. Target lower toward significant support levels.
Long
by ForexLeague
Will The Bearish Harmonic Be Respected?We got a strong bearish harmonic on the daily and a 2week+ consolidation that happened with this pair. I'm looking for a strong short to occur beginning this week once we break out of the consolidation zone. I'll be sitting in this trade for a while once it begins the nosedive after that. Otherwise, price has the potential to make to the monthly level before it does a pullback retesting the large range. This will be a fun pair for the month of January. Here is your starter TPS for this swing trade. BEAR TPs: • 125.981 • 125.598 • 125.124 BULL TPs: • 127.011 • 217.233 • 128.038
by NikaJourney
Potential EURJPY SHORT?Hey traders, Hope you're all having a great weekend. Price has touched the resistance trend line (A) on 3 different occasions, on the 3rd touch we seen price show strong rejection therefore causing bearish momentum. Right now price is currently on its way to a support level (B). If price breaks this level (B) we can expect EURJPY to continue to drop with more bearish pressure. Ichimoku Indicator: -Potential red cloud about to form indicating bearish momentum. -Red line has crossed above the blue line also indicating bearish momentum. -The green lagging span line has also broken below the cloud indicating a potential sell. To confirm the downtrend the support level (B) needs to be broken. If you find this idea helpful... Please leave a like as it is much appreciated👍 Follow for more ideas❤ Drop a comment below on what you think of this trade🗨 GOOD LUCK ON YOUR TRADES!😃
Short
by fxpays
15
💡 Don't miss the great sell opportunity in EURJPYTrading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (126.75). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURJPY is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 48. Take Profits: TP1= @ 126.34 TP2= @ 125.70 TP3= @ 125.05 TP4= @ 123.95 TP5= @ 122.80 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 trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity
12
EURJPY 4hour Analysis December 27th, 2020EURJPY Neutral Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: If price action is to continue bullish look for a higher low to form above 126.500 before entering long. Trade scenario 2: We would like to continue with the overall trend but this is a lot of consolidation near key resistance. If price action is to go bearish I would like to see a strong fall in price action where we would look to enter after a break and retest of 126.000 and target lower.
by ForexLeague
EURJPY continues the rangeEURJPY continues the range Since the beginning of December, EURJPY has entered a sideways movement and is moving in the range of 100 pips. A few days ago we saw a break, but very quickly the price came back. The direction will become clear only after a definite break and test, but for those who are looking for an earlier entry and a much better risk-return ratio, the entry may be soon. We are watching for a false break of the support, which will allow us to enter in order to: 127.18 127.66 128.10 If you have questions about how to trade this or another situation, contact us! To support us, like and comment! HAPPY HOLIDAYS!
Long
by ForexTrendline