EUR-JPY - BROKEN RISING WEDGE?EUR-JPY - BROKEN RISING WEDGE?
This is a rising wedge almost broken, but need to wait for more confirmation like new daily candle , and support zone broken , wich now is a neckline of this range.
Eurjpy!
EURJPY H4 | Bullish reversal?EURJPY could bounce off our buy entry level and potentially reach our take profit level.
Entry: 157.86
Why we like it:
There is a swing low support level and a 61.8% Fibonacci retracement.
Stop Loss: 156.89
Why we like it:
There is a multi-swing low support level.
Take Profit: 159.15
Why we like it:
There is pullback resistance level.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Eurjpy short position setupHi everyone.
As we have a BOS to the down in 1H TF, now it's time for a pull back.
I think around 161 is a good area to look for CHoCH in lower TF(like 5min) to go short. Or you can set a limit order by your own risk.
Please consider the risk management.
Lets see what will happen...
Good luck.
EURJPY → Interim support now comes at 158.60FX:EURJPY accelerates its losses and puts the 159.00 support to the test at the beginning of the week.
The continuation of the downward bias appears on the cards for the time being. Against that, the 100-day SMA at 158.62 is expected to offer temporary contention prior to the October low of 154.34 (October 3).
So far, the longer term positive outlook for the cross appears favoured while above the 200-day SMA at 153.71.
EURJPY Will Go Up From Support! Long!
Take a look at our analysis for EURJPY.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 159.383.
Considering the today's price action, probabilities will be high to see a movement to 160.396.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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EURJPY Day | Falling to support level?EURJPY is falling from a pullback resistance level and heading to our take profit level.
Entry: 159.769
Why we like it:
There is a pullback resistance level.
Stop Loss:161.855
Why we like it:
There is a swing-high resistance.
Take Profit: 157.678
Why we like it:
There is a pullback support level
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
EURJPY: Bears Will Push Lower
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current EURJPY chart which, if analyzed properly, clearly points in the downward direction.
❤️ Please, support our work with like & comment! ❤️
Long opportunity on EURJPY for this week??Share your idea in the comment section of this pair and let's debate
Good Week, Michel_FRX
DISCLAIMER:
1. Be aware this is not financial advice so trade carefully and have stop loss for sure
2. Past performance is not indicative of future results.
EUR-JPY Support Ahead! Buy!
Hello,Traders!
EUR-JPY will soon hit a
Support level of 159.00
From where we will be
Expecting a bullish reaction
Buy!
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Check out other forecasts below too!
EURJPY top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
✅EUR_JPY TIME TO BUY|LONG🚀
✅EUR_JPY is going down to retest a horizontal support at 159.500
Which makes me locally bullish biased
And I think that we will see a rebound
And a move up from the level
Towards the target above at 160.700
LONG🚀
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EURJPY Will Fall!EUR-JPY is trading in a
Downtrend and the pair
Is making pulback from
The horizontal resistance
Level of 161.436 so we
Are bearish biased and
We will be expecting a
Further move down !
EURJPY higher bearish to expect (high accuracy expected)
Hi viewers, EURJPY price on zone, here bearish continuation to expect, +on Friday we have ISM event where expect boost for JPY
TP1: 159.800 (150)
TP2: 158.800 (250)
EURJPY - ShortSelling only after the break under the HMA and the retest of the HMA
**This is just my trading thought process and does not constitute as financial advice.
**Please trade with proper risk management**
EURJPY Will Explode! BUY!
My dear friends,
EURJPY looks like it will make a good move, and here are the details:
The market is trading on 161.66 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 162.35
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
EURJPY and CHFJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EJ - MUL TOP GOT BREAKOUT JXY Weekly : Japanese Yen Index is getting rejection at strong Weekly support. Meaning, there will be a SELL pressure for all JPY related pair.
For EJ, Multi top pattern got breakout. Let's find SELL pattern.
Bearish Sequence (Descending Triangle) - EJHere I have EUR/JPY on the 4Hr Chart! I believe we are seeing a Correction in the Bearish direction since EUR/JPY has been traveling in a UPTREND for quite some time!
Our current Highest High @ 164.308 on Nov' 16th is the first touch of the Falling Resistance followed by the failed attempt at a Higher High @ 163.719 on Nov' 26th forming what could potentially be a Descending Triangle Pattern!
**Chart Patterns are known to fail 1/3 of the time so BEWARE OF FALSE BREAKS!
Fundamentally this week:
EUR - CPI (Wed), Flash CPI & OPEC (Thur) and President Lagarde Speaks (Fri)
JPY - OPEC (Thur)
-Bearish Prediction-
If Price Breaks and Closes above 163.719, Set-Up INVALIDATED!
If Price Breaks and Closes below 161.245, Price Action will initiate my Trade Action Plan!
EURJPY → Next on the downside comes 161.20FX:EURJPY corrects further down and drops to four-day lows around 162.20 on Tuesday.
The continuation of the downward bias carries the potential to drag the cross to the weekly low of 161.20/25 band (November 21) prior to the provisional 55-day SMA, today at 159.40.
So far, the longer term positive outlook for the cross appears favoured while above the 200-day SMA at 153.37.
EURJPY Trading Opportunity! SELL!
My dear friends,
My technical analysis for EURJPY is below:
The market is trading on 163.35 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 162.52
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
#EURJPYIn the 4-hour timeframe, it is moving in an ascending channel, which with a morning star pattern at the bottom of the channel and a corner pattern can continue the upward trend until the specified area by forming a higher floor in the lower time frame.
