EURJPY: Market of Sellers Looking at the chart of EURJPY right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals226
EUR/JPY BUYERS WILL DOMINATE THE MARKET|LONG Hello,Friends! EUR/JPY pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 2H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 162.282 area. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignalsUpdated 112
Yen in Focus as Japanese exports declineThe euro against the yen this week will face impactful news that could generate movements in this currency cross. In addition to bonds and ECB releases, there will be trade balance and inflation news from several euro zone countries. Regarding Japan, although it does not seem important this week, the Ministry of Health, Employment and Welfare releases begin this week, and yesterday the Japanese overtime data, which usually represents an excess of work in the country. Also released today was average cash earnings data which adds to yesterday's data to see if there has been any improvement in the Japanese economy. The Japanese Ministry of Economy and Finance also showed the trade balance which was severely impacted in negative compared to the previous data and compared to expectations. The consumer confidence report was also slightly worse than expected, although better than the previous figure. Another data that also accompanies in negative has been that of the association of machine builders (JMTBA), which has resulted in a particularly bad data that highlights the data on exports. As of tomorrow we will have production and Japanese bank loan data and the statement of the President of the BoJ, Ueda Kazuo in his semi-annual report that was already advanced today on the Bank's website and where he is already talking about a flat exporting economy, despite the moderate recovery of the country: www.boj.or.jp In addition to this, on Thursday we will have data on foreign investment in Japanese stocks and bonds, closing the week with data on industrial production for the month of February. Focusing on the chart, one can see how the currency has been turning around since December with the change in monetary policy and has returned to yesterday's March 21 prices. It is not surprising that the currency is drifting higher in an economic context of so much inflation with such weak export economic data. So the currency will be fighting its price with a bullish euro against the yen. If we look at the range that has formed a ceiling at a maximum of 165,356 yen per euro, the price is currently in the middle zone of a bullish channel so if the movement is accompanied to the upside, its high zone is likely to be around 180 yen per euro. This is more in line with reality for two reasons, the RSI is currently oversold at 64.25% and its 200 candlestick average is at 53.88% so we could see an advance in the bears. If we look at the current bell there is a triple bell with the strongest previous trading zone at the pre 150 yen boundary. So it would not be strange to see the price go back for those areas if everything works out as Ueda estimates as soon as the economic data goes with the wind in the sails of the Japanese export market. Ion Jauregui - AT Analyst ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk. Shortby ActivTrades4
Short buddy!!!I might be a little early on my entry/analysis. I am confident however that this pair will see strong drop/pullback soon. Divergence on the 1hr and my 30m confluences have been met. Trade safely my friends Shortby Dlphdavis4
EUR/JPY 4HR // 09 April 2024 AnalysisWaiting to see what EUR/JPY does around this key area. It has also been in an uptrend since quite a long time. If it breaks and retests the 165.000 area, looking to buy. If it rejects from the area, looking or sells. DISCLAIMER: This analysis is purely for personal reference and record keeping and should be taken as educational material only, NOT FINANCIAL ADVISE. I will not be responsible for profits or loses due to this analysis. by thebrowntrader222
EURJPY-bias longBullish indications: Inverted head and shoulder pattern. Fib level 0.618 respected and bounced. Support respected at 163.563 HHHL Morning star candle in 4 hr time frame from support. Trade plan bias long @ 164.129 SL:163.678 TP1:164.595 TP2:164.912 Longby gouthamkulal1Updated 4
EURJPY: Bullish on a 4H MA50 rebound.EURJPY has turned bullish on the 4H timeframe (RSI = 65.893, MACD = 0.220, ADX = 54.338) as the 4H MA50 held and supported a new 2 day rally since Friday. The dominant pattern is a 3 month Channel Up, which makes a HH on the 1.5 Fibonacci extension. The 4H MACD is identical to the pre-High consolidation of the past bullish waves. We are bullish (TP = 166.500). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope4
EURJPYEURJPY is in a channel and after breaking a triangle consolidation looks like it will attempt upper bounds of channel around 167. We can look to potentially buy this pair aswell as some of the other yen crosses.Longby ZenFlo553
EURJPY(D1) Long TradeHey traders, this is Rogue_Trader007. EURJPY has been my top entry since July and sorry I'm sharing this late. Strong support level at 0.786 Fib level, which is also a hidden Divergence when combined with 14 period RSI. This makes a great entry as it usually shoot towards the 1.272 Fib level. Making this a strong BUY. Downside: Long Term position. You might hold for a few months.Longby Rogue_Trader007Updated 112
EURJPY Long (215-275 Pips)Thursday, 04.04.2024 We took the previous weekly low and touched my 8 EMA. On the daily timeframe, we witnessed a strong rejection with momentum from my daily VWAP low. Now, I wait for a pullback before buying. Currently, we are at a 4-hour resistance level, so I'll wait patiently, but my bias is long. There's a chance for a push down to hit my 0.382 Fibonacci level. Passive entry moduleLongby flouw3433Updated 449
EURJPYNice break above key Daily resistance are and looking for new high level. Possible move based on previous swings on the Daily time frame. Folowing Take profit level possible consolidation and retrace. Signal reliability - STRONG.Longby ElfieTrader1
EURJPY H1 TP Target EURJPY has formed H1 bullish ChoCh & has pulled back at the 61.8 Fib level. My TP target at 165.9 or level 2.88 Fib extensionLongby VoxNexusUpdated 1
EURJPY Predicted this But waiting for volume at london Even another retest be nice to gain more liquidity Longby LW_FX1
A fantastic opportunity to sell EURJPYHi traders, EURJPY is reached to powerful static and dynamic resistance and according to the overselling of JPY we could sell EURJPY with SL on highest price. don't forget risk free it below the 158. Entry price 161.3 Final TP 152.3 RR1:3 scalpers could take their profit on 158-9 level. Be successes Shortby takeprofitwithusUpdated 4
Like my other buy tradeIt's defo gon go up!!!! Easy 10K!!!!! I know it will go up! ( Do I don't )Longby VividCloud0
Possible continuation of trend EURJPY📈 EURJPY closed bullish on NFP Friday. Above is my analysis of what looks like a good uptrend Longby ZIPHO670
EURJPY waxaan ka fiaa BEARISH isbuucanEURJPY axaan ka rajeynayaa SELL illaa ay ka gaarto sagxada qiimaheeda uu yahay 160.458 .Shortby bacuul443
EURJPY - long idea - until next resistanceHi guys. After analysing this currency pair I found that it is trading in bullish trend channel. All resistance broken. Now it seems price going to next one which is visible on weekly timeframe. From my point of view price will go retest this weekly trendline, also risk/reward ratio looks pretty good from this price. Good luck!Longby traderstube0
Eurjpy and Audjpy looking for looks if jpy continue weakensHello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. If Jpy is still showing weakness, then likely i am looking at both AJ and EJ to look for long opportunities But do keep in mind if BOJ gonna dish out stuns on its interventions. Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. ********************************************************************* Longby Shadowing_The_Big_Boys0
EURJPY next possible trades - Supply and Demand UpdateEURJPY next possible trades - Supply and Demand Update.by fankhan4662
EURJPYEURJPY Buy at HL (also 0.5 FIB , trendline support intact) SL , TP mention in chart Analysis at 4 hourLongby SignalEdgeUpdated 1
EUR/JPY SHORT FROM RESISTANCE Hello,Friends! EUR-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 162.370 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the EUR/JPY pair. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 2211
EURJPY BUY LIMITLooking at the 183.880 area for our buy limit bringing us to 185.000 My stoploss is 183.500 (38 pips) 1:3 Risk To Reward Longby TradingKarl1