Welcome back! Let me know your thoughts in the comments! ** EURJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
This was a decent setup - inline with the strategy, however, could not place the trade due to migration issue with TFF. Price created a R which turned into S - had HHs and HLs - entered on the bullish pinbar candle.
EUR-JPY is trading in an Uptrend and the pair broke Out of falling channel pattern which reinforces our Bullish bias and makes me Expect a further move up After the local correction !
+ 1.) weekly momentum candle and then strong candle with rejection 2.) daily orderflow bullish 3.) hit daily fib. level (0.618) / daily level and fvg 4.) 4h divergence on daily orderflow small pullback then long
The over all trend is bullish and the last Daily candle closed bullish, so ideally i would be looking for break of structure and a 4h close above the blue zone with a retest and higher high close on the smaller time frame to look for buys. Alternatively I would be looking for the pull back and rejection from the bottom of structure and or the trendline with a...
Level - 160.311 Looks long Breakout + retest I expect a hike to 160.91
Similar to the trading idea I recently posted, I also observe a potential price pullback or a strong buying zone here, due to the high volume and the newly formed support. I plan to implement my strategy to trade this pullback.
This pair has broken back into structure after bouncing from a key level, with a large wick on the 4h close, so am no hoping for a bullish engulfing candle on the 1h on at the london open to look for the long back up to top of structure and possibly beyond
Currency stability is a hot topic in financial markets today as investors prepare for meetings of major central banks in Japan and Europe. The Japanese yen registered a notable gain, trading at 147.74 yen against the dollar, as markets awaited the Bank of Japan's upcoming monetary policy meeting. The bank is expected to maintain negative interest rates, a stance...
Hello traders! ‼️ This is my perspective on EURJPY. Technical analysis: We can see here that price changed the character and started to form higher lows and higher highs, so I look for a long position. I want price to make a retracement to fill the imbalance lower and then to reject from institutional big figure 159.000 Like, comment and subscribe to be in touch...
There wasn't much news of note on the day, except for some news regarding the energy market. Qatar has reportedly suspended LNG transport through the Bab el-Mandeb Strait (Suez Canal). Houthis fire cruise missile at US Navy ship Oil prices have risen, but not by a large amount Political news: William Lai was elected president of Taiwan in Saturday's...
Still very much on an uptrend and it could reject from were price is, but I would prefer a deeper pullback and a rejection from the yellow line with a 4h close to take price up to previous high
Hello traders! ‼️ This is my perspective on EURJPY. Technical analysis: We can see here that price changed the character and started to form higher lows and higher highs, so I look for a long position. I want price to make a retracement to fill the imbalance lower and then to reject from bullish order block. Like, comment and subscribe to be in touch with my content!
Asian trading volumes on Monday were slightly affected by the Japanese holiday. The yen rose 0.1% after falling to nearly 145 yen to the dollar on Friday. The earthquake that hit central Japan also caused the Japanese currency to suffer its worst weekly decline since late 2022. Post-disaster economic stimulus and recovery measures could delay the Bank of...
- EUR/JPY's marginal decline influenced risk aversion, as the pair fluctuates within a narrow range. - Downward trend persists, with potential supports at 157.03, 156.42 and 156.00 level. - Buyers aim to overcome hurdles at 158.00 and 159.00.
Hello Traders! This is my idea related to EURJPY H2. I see a retracement from the resistance level of the channel and also a small retracement (15M - 30M), to close the imbalance and to react from OB. Now I see a good opportunity to execute a short trade until the price of 155.800. Traders, if you liked my idea or if you have a different vision related to this...
EURJPY get rejected by the resistance zone at the 158.500 level and closed red for the day. ----- I have a feeling it is going to break out the upcoming week and make new highs. ----- We might see some kind of small pullback before EURJPY blasts trough this zone. ----- Will be looking for long positions when this happens. ----- Let me know what you think!
I need to see a 4h Close above daily resistance and a HH close on a smaller time frame to validate an entry to go long. However from a fundamental point I would prefer to go short as I think that has a higher probability. In order to look for the short I would be looking for a 4h close below the 38.2% and the blue zone