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Eur-jpy

EURJPY to break higher?EURJPY - 24h expiry Buying pressure from 147.88 resulted in prices rejecting the dip. The current move higher is expected to continue. This is positive for sentiment and the uptrend has potential to return. Previous resistance located at 149.27. Further upside is expected, however, due to the strong resistance above we prefer to buy a break of 149.27, which will confirm the bullish sentiment. We look to Buy a break of 149.28 (stop at 148.68) Our profit targets will be 150.78 and 151.08 Resistance: 151.40 / 152.95 / 155.20 Support: 146.05 / 144.20 / 142.90 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
EURJPY to find support at previous swing high?EURJPY - 24h expiry Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. This is positive for sentiment and the uptrend has the potential to return. The hourly chart technicals suggest further downside before the uptrend returns. The bias is still for higher levels and we look for any dips to be limited. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. We look to Buy at 148.65 (stop at 148.10) Our profit targets will be 149.95 and 150.25 Resistance: 151.40 / 152.95 / 155.20 Support: 148.40 / 146.05 / 144.20 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
Joe G2H Trade: Selling EURJPY againTrade Idea: Selling EURJPY Reasoning: Major resistance on the daily chart, swing failure? Entry Level: 147.616 Take Profit Level: 146.28 Stop Loss: 148.04 Risk/Reward: 3.08/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Short
by Signal_Centre
1
EURJPY Pull-back has started.The EURJPY pair appears to have completed the latest Higher High within its 1 year Channel Up, slightly above the 148.400 High of October 21 2022. That has completed the buy signal we gave on February 16: The 1D RSI almost hit the 70.00 overbought barrier and the last 3 times it did, the price pulled-back to at least the 0.5 Fibonacci retracement level. That is currently a little under 144.000 and that is our short-term Target. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
1
Joe G2H Trade - EURJPY swing failure on the daily?Trade Idea: Selling EURJPY Reasoning: Major resistance on the daily chart, swing failure? Entry Level: 147.90 Take Profit Level: 146.41 Stop Loss: 148.66 Risk/Reward: 2.08/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Short
by Signal_Centre
EURJPY: Pull-back expected. Buy on the 1D MA50.The EURJPY pair has hit the 147.750 Resistance after a strong rally that started a month ago at the bottom of the 1 year Channel Up. The key 1D technicals are firmly bullish (RSI = 65.143, MACD = 1.070, ADX = 55.694) suggesting a strong green trend but as the price is approaching the HH trendline, the greater the probability becomes for a 1D MA50 pullback. This is in line with the previous two bullish waves to the top of the Channel Up. Consequently, we expect a pull-back here or slightly higher and will be looking to buy on the 1D MA50. The target can be quite high but we will settle with a TP = 150.000. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
by InvestingScope
EURJPY looking up 🦐EURJPY on the 4h chart after a few test of the daily support at the 140 level started a love to the upside. The price attempt a few times the break of the structure at the round nu,ber level without any success and after the last impulse the market retraced at the 0.382 Fibonacci level and is currently trading below a minor resistance area. How can i approach this scenario? I will wait for the EU market open and IF the market will break above i will set a nice long order according to the Plancton's strategy.
by InkyGrip
18
EURJPY Sell signal confirmedThe EURJPY pair is about to touch the Rising Resistance that emerged on the February 28th High. It is supported by a Rising Support trend line and the MA100 (4h). Trading Plan: 1. Sell after the price breaks under the Rising Support. Targets: 1. 142.550 (Support Zone 1). Tips: 1. The RSI (4h) has made a Double Top on the 1.5 month Resistance. If it closes under its MA line, then we have an additional sell signal. 2. The MA100 (4h) has also supported the price during the February-March rise. When broken, the downtrend started. Please like, follow and comment!!
Short
by TradingBrokersView
7
EURJPY Potential downsidesHey Traders, in the coming week we are monitoring EUJPY for a selling opportunity around 145 zone, EURJPY is trading in a downtrend and now seems to be in a correction phase in which it is approaching the major trend around 145 resistance zone. i would also like to consider EURJPY shorts for a potential JPY strength as it's considered a classic safe haven in time of uncertainty in the market. Feel free to ask any question in the comment section. Trade safe, Joe.
Short
by JoeChampion
2
EURJPY to stall at current swing high?EURJPY - 24h expiry - We look to Sell at 145.55 (stop at 146.20) Buying pressure from 143.62 resulted in prices rejecting the dip. The current move higher is expected to continue. Daily signals for sentiment are at overbought extremes. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. We look to sell rallies. Although the anticipated move lower is corrective, it does offer ample risk/reward today. Our profit targets will be 143.70 and 142.90 Resistance: 146.05 / 148.40 / 151.40 Support: 142.90 / 141.60 / 140.00 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
Joe Gun2Head Trade - Still below the downtrend on the dailyTrade Idea: Selling EURJPY Reasoning: Still below the downtrend on the daily Entry Level: 144.659 Take Profit Level: 142.39 Stop Loss: 145.42 Risk/Reward: 3.2:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Short
by Signal_Centre