EURJPY: Time to Buy 🇪🇺🇯🇵
EURJPY broke a solid horizontal resistance.
Retesting the broken structure, the price formed a tiny horizontal range on a 4h time frame.
Its resistance breakout is an important sign of strength of the buyers.
A bullish movement is expected to 159.4 / 159.7 levels now.
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Eurjpy!
Strifor || GBPUSD-10/23/2023Preferred direction: Neutral
Comment: The pound is also taking advantage of the momentary weakness in the dollar and is recovering slightly against this background. The price will most likely reach the level of 1.22370, at which we will most likely have to wait for the short entry point again. However, the second scenario is also not excluded, in which the level will be broken upward. But even in this case, the priority of sales is stronger, thus we can assume the formation of a false breakout and the resumption of the fall in the direction of the medium-term trend.
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Strifor || EURUSD-10/23/2023Preferred direction: Neutral
Comment: The US dollar started the week with a correction and against this background, competitors began to grow. Special attention, as always, to the Euro. Here the price will approach the level of 1.06318 in the very near future. There's an obstacle waiting for buyers there. As you can see, the medium-term trend remains bearish. Therefore, for now, at the level of 1.06318 one can presumably expect a potential entry into shorts.
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TradePlus-Fx|EURUSD: mixed success💬 Description: The dollar , after all, retains the initiative in the market, but its competitors also have mixed success. We will designate this as a success, since intraday movements in favor of competitors are quite significant and for a trader this is a potentially good profit.
At the moment, the instrument is creeping up again to the level of 1.05194, which acts as support. Short-term trades, as always, are considered in both directions. Regarding longer-term trades, we can most likely expect the price to go to 1.06350 in the very near future. At this level, there is a significant number of sellers’ stop losses; against this background, one can expect an upward impulse. Most likely this will be a false breakout, but we will know for sure a little later.
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EURJPY Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
EURJPY Analysis to trade from this zones.{25/12/2022}Educational Analysis says EURJPY may go SHORT. According to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why SHORT?
On the 1HR timeframe, the pair is making LOWER HIGH AND LOWER LOWS.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS
PRICE WILL RANGE (FROM 124 - 148) IN THIS ONLY IF THE COMING DAYS GO NORMAL WITHOUT ANY BAD NEWS INTERRUPTION HAPPENING.
HOW TO TAKE ENTRY ON THIS?
In 15 min timeframe, the pair changes its character and the price push toward also couple breaks the primary structure
JPYXJPYX is still in this downwards ranging market, we can see in the regression channel how we are are contracting in a sense on a higher frame. Now we seem to have created this triangle consolidation, with these gradual lower highs and this sturdy support forming underneath. We could look to trade a breakout of this pattern, this could be either up or down at this point so it is something to watch in the next trading days.
✅TS ❕ EURJPY: strong resistance✅✅ EURJPY is moving near resistance.
Price is trying to break resistance with less force.
We believe that the chart will start to decline. ✅
🚀 SELL scenario: short to 144.983 🚀
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Remember, there is no place for luck in trading - only strategy!
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Daily Wave Rider - EURJPY - BUYEURJPY
Channel: GREEN
WK Pivot: GREEN
AOB: 10
CON: EngB
BUY Stop: 158.961
Stop Loss: 157.672
TP01: 160.250
TP02: 162.828
DWR present as a buy setup on 20 OCT, with Channel and Pivot are green bouncing off EMA10
However, trade is not taken/considered
SPX500: SELL
DXY: SELL
OIL: SELL
GOLD: BUY
EUR/JPY FAILED SIGNAL 02/10/23Trade Details (M5 TIMEFRAME)
Sell Limit Given @158.300
Entry: 158.300
Take Profit 1: 158.200
Take Profit 2: 158.130
Take Profit 3: 158.000
Stop Loss: 158.360
Simple Reasoning
Change of character (Aggressive Entry)
What we thought was LQ taken (False Signal)
Price by the looks of it took proper LQ and then waterfalled down.
Strifor || EURUSD-10/19/2023Preferred direction: SELL
Comment: The price approached the level of 1.05700, as we expected in the previous trading idea for this currency pair. Now sales are gaining momentum and it is expected that the instrument will go to update local minimums from its current target.
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Daily Wave Rider - EURJPY - BUYEURJPY
Channel: GREEN
WK Pivot: GREEN
AOB: EMA10
CON: IB
BUY Stop: 158.575
Stop Loss: 157.678
TP01: 159.472
TP02: 161.266
DWR present as a buy setup on 19 OCT, with Channel and Pivot are green bouncing off EMA10
However, trade is not taken/considered
SPX500: SELL
DXY: SELL
OIL: SELL
GOLD: BUY
Strifor || EURUSD-10/18/2023Preferred direction: SELL
Comment: The main direction is still downward, here the medium-term vision does not change. However, the results of trading on Wednesday suggest a slight recovery against the dollar. Here, an overshoot is also not excluded, that is, a movement towards 1.06000, after which the currency pair will most likely begin to fall again. As was said in previous trading ideas for this instrument, in the medium term we can expect a movement towards the level of 1.04500.
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Daily Wave Rider - EURJPY - BUY EURJPY
Channel: GREEN
WK Pivot: GREEN
AOB: WP
CON: SBB
BUY Stop: 158.649
Stop Loss: 157.142
TP01: 160.156
TP02: 163.170
DWR present as a buy setup on 18 OCT, with Channel and Pivot are green bouncing off weekly pivot
Trade is not taken
SPX500: SELL
DXY: SELL
OIL: SELL
GOLD: BUY
EURJPY - Detailed Video Analysis 📹 From Daily To H1Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #EURJPY.
Which scenario do you think is more likely to happen? and Why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
EURJPY These data are good for growthThe yen hit a two-week low of 109.98 yen against the Japanese yen.
The yen fell to 182.49 against the franc and from an initial high of 166.11 against the pound and 165.39 against the pound, and a 10-day high of 181.16.
The yen fell to 157.98 yen against the euro and 149.76 yen against the dollar, below the six-day high of 156.98 yen and four-day high of 149.30 yen, respectively.
The currency's next major supports are likely to be around 112.5 against the loonie, 166.5 against the franc, 184.00 against the pound, 160.00 against the euro and 152.00 against the US dollar.
EUR/JPY BEST PLACE TO SELL FROM|SHORT
Hello,Friends!
EUR/JPY is making a bullish rebound on the 3H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 157.492 level.
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Strifor || EURUSD-10/17/2023Preferred direction: SELL
Comment: The price of the currency pair is once again testing the level of 1.05700, in addition, the market is awaiting data on retail trading. Most likely, against the background of this, the currency pair will make a small jump above current prices, and then slide back down to the level. The target for the fall can be considered at the level of 1.04500.
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Eur/jpy Buy setup 230 PipsWe are seeing aggressive buying power as market structure is still maintaining to upside
==> Daily timeframe price action is above the EMA's and we see wonderful rejection in the area of liquidity as support zone
==> Price is now bounding between to upper and lower limit of the accumulation zone, now come confirmation of buy after a fakeout at the bottom for a continuation to upside
==> Nice risk to reward but keep an eye on the upper bound limit for rejection that can invalidate the setup
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eurjpy h1 accumulation buy/hold tp +165 pips🔸Let's review 1 hour chart for EURJPY today. speculative buy/hold setup for EURJPY bulls,
accumulation in range. Currently trading near range lows and re-test of premium prices
below range lows pending, which is a buying opportunity for the bulls.
🔸Range highs set at 158.20 and range lows at 157.10, premium prices above
at 158.40/158.70 and below at 156.90/156.60. accumulation in progress right now.
🔸Recommended strategy bulls: bulls should wait for the price to re-test near premium
prices below and buy/hold close to 156.60/90 fixed SL 40 pips TP1 +80 pips
TP2 +160 pips cover longs at/near premium prices overhead. good luck traders!
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Past performance is not indicative of future results.
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