✅EUR_JPY SHORT FROM RESISTANCE🔥 ✅EUR_JPY has retested a key resistance level of 165.178 And as the pair is already making a bearish pullback A move down to retest the demand level below at 164.000 is likely SHORT🔥 ✅Like and subscribe to never miss a new idea!✅ Shortby ProSignalsFx338
EUR/JPY:Favorable Buying Opportunity Amidst Strong Daily SupportHello Everyone, Currently, EUR/JPY appears to present a favorable buying opportunity, with the daily support levels demonstrating resilience. Sustained price movement above the daily pivot point suggests the likelihood of immediate upward momentum. Conversely, failure to maintain this level may lead to a retest of support levels. TradeWithTheTrend3344Longby TradeWithTheTrend33441
EURJPY, Hold to break the ascending channelHi guys, For EURJPY be wait to break down 3rd clone channel and take a sell position until 152 level. Entry point and SL are on chart. Be successby takeprofitwithusUpdated 4
Sell eurjpyEurJPY retested support after touching trend line two ways to trade this is to wait for indecision candle on the 12 hour or 1 day using heikin ashi or wait for the trend to break. Since i already made profit on this trade last week I’m risking half my profit to continue on this trade. happy trading Shortby BOSSLADYSignals2
EURJPY BUY befor a big sell 2h With the economic results, the time is right to enter a buy befor a big sell trades for the EURJPY for the next two weeksLongby CrowtR2
EURJPYEURJPY is trading in range bound with 250 PIPS range. some time ranges are the best things to play just buy the support and sell the resistance. as this one is 250 pips range which can deliver fine risk to reward. currently the price is at resistance level and being rejected due to selling pressure. will the pair head back to support area ? what you guys think of this idea ?by JustTradeSignals8
ShortDivergence on the 1hr macD 163.00 area by weeks close Trade safely my friends…Shortby Dlphdavis4
Price actionAscending cross trend line Retest by candle hammer Do 1.1 risk free at target 165.043Longby Kqmcqn1
Medium term forecast for the EUR/JPY pair using technical analysThe asset made a trend change on 04/16/2024 with notable volume, after which it tested the POC several times before the distribution process, when making a touch with an attempted breakout, it quickly returned to its trend with volume, after which it seems to have consolidated and will begin the distribution process. We must pay attention to IPC tomorrow, if you have not yet reached the target, define SL and operate while protecting capital. What is your opinion? TP1: 165.022 TP2: 165.261 SL: 164.112Longby Samuel_PVSRAUpdated 1
Elliott Wave Theory Suggests EURJPY Remains BullishShort term Elliott Wave view in EURJPY suggests that rally to 165.35 ended wave 3. Wave 4 pullback unfolded as a double three Elliott Wave structure. Down from wave 3, wave ((w)) ended at 162.59 and wave ((x)) ended at 165.17. Down from there, wave (w) ended at 163.85 and wave (x) ended at 164.69. Wave (y) lower ended at 162.26 which completed wave ((y)) of 4 in higher degree. Pair has turned higher in wave 5. Up from wave 4, wave (i) ended at 163.15 and wave (ii) dips ended at 162.62. Wave (iii) higher ended at 164.12, wave (iv) ended at 163.79, and wave (v) ended at 164.43 which complete wave ((i)). Pair then pullback in wave ((ii)) towards 163.6. Pair has resumed higher again afterwards in wave ((iii)). Up from wave ((ii)), wave i ended at 164.25 and wave ii ended at 163.66. Wave iii ended at 164.67 and wave iv ended at 163.69. Expect wave v to end soon which should complete wave (i). Pair should then pullback in wave (ii) to correct cycle from 4.15.2024 low before it resumes higher. Near term, as far as pivot at 162.26 low stays intact, expect pair to find buyers in any dip in 3, 7, 11 swing for further upside.by Elliottwave-Forecast112
EURJPY LongEURJPY Long after trend continuation pattern. 1. Strong bullish candle on Daily TF 2. Price above 2 MA's 3. Price above 200 MA 4. Weekly Uptrend 5. Currency Strengh Meter confirmation 6. Trend indicator confirmation 7. Break of resistance 8. Structure of HH-HL-HH-HL 9. 2% Risk, 3:1 R:R 10. Exit on reverse strong momentum candle/time stop at 4 PM when no reaction/break of structureLongby Marteyfx1
DeGRAM | EURJPY pullback from the channel boundaryEURJPY is moving in a descending channel. The chart has reached a strong resistance at 164.500 We think that after retesting the resistance, the price will fall back to the 38% retracement level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Shortby DeGRAM1110
EURJPY Daily Analysis - 17 April 2024CHECK OUT MY BIO.... Knowledge Required to nail OANDA:EURJPY 1, Good understanding of price Trend/directions 2, Absolute respect for Supports and Resistances 3, Knowledge of candle stick patterns 4, Discipline to use partial TP, SL 5, Discipline to wait for confirmations and only act when required See the video for more.Long17:32by Kingsley_lotanna1
EURJPY BUYAfter the completion of A, the retracement B is completed also and the pair is ready for the wave C. Enjoy!!!Longby eganuxfx1
EJ to melt Quick trade on the hour timeframe Imbalances need to be filled I’ll be shorting EURJPY Shortby Hedge_King0
EURJPY - Sell Setup1) Price make Market Structure Shift (MSS) 2) AO Divergence - price will reverse 3) Dominance break buy (target price will touch at golden fibo ratio 1.618 same level with supply zone on the left and reverse to the bottom looking for previous LL.Shortby luqmankise90493
EUR/JPY H4 | Heading into overlap resistance?EUR/JPY could rise towards an overlap resistance and potentially reverse off this level to drop lower. Sell entry is at 164.62 which is an overlap resistance that aligns close to the 78.6% Fibonacci retracement level. Stop loss is at 165.45 which is a level that sits above a multi-swing-high resistance. Take profit is at 163.61 which is a pullback support that lies above the 50.0% Fibonacci retracement level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Short03:38by FXCM12
LONG IDEA!I believe we will go higher to the major resistance @ 166.700 area Before we start a downward trend! We are not quite over bought on the Daily & Weekly time frames! I will keep looking for buy opportunities on the smaller timeframes until we reach resistance @ 166.700. Please let me know if this helps!Longby tonado2280
for long*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.Longby iminigham11Updated 5
fast long *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.Longby iminigham11Updated 0
Eurjpy buyEurjpy pair looking for long-term buy 1:3 ratio 4hr breakout and retest 1hr breakout and retest Let see the result with patients Longby DNA_Trader_Officials1
💹🎯 "EURJPY Forex Analysis: Trend Shift Potential" 🛑🔄💹 Let's analyze and review this forex pair together. 🌐 Outside of the chart, we're witnessing the weakening of the Japanese yen in the long term, with bullish market cycles against the dollar and the euro. Over time, this currency is gradually losing strength compared to global powers. 💰 In the weekly timeframe, we're entirely bullish and encountering resistances that we haven't touched in recent times. 💼 For long positions, we have the daily resistance at 165.187 ahead of us, and if it breaks, we can open long positions on lower timeframes. 🔍 Additionally, we have the weak confirmation of the weakening yen in the USDJPY pair, which has broken its crucial resistance and started an upward movement. We can reasonably expect a similar event for the EURJPY chart after breaking the resistance. 🕰️ For short positions, we currently have no confirmation, and we won't open short positions until a trend reversal confirmation. However, we can take a risky move. 📊 In the daily timeframe, we have an ascending trendline, which is of a retracement type and requires a confirmation trigger. Typically, these trendlines bounce back to their last created ceiling after breaking. For opening short positions, along with the trendline, after breaking it, we can open short positions with a trigger at 162.852 on a lower timeframe. 🔄 Our upcoming resistances are 169.659 and 175.531, while our supports are 161.406, 158.462, and 154.014, where short-term market re-action and retracement are likely. 🌍 I suggest paying closer attention to the economic reasons and events happening worldwide to understand why the Japanese yen is weakening. 😊 If you'd like me to analyze a specific coin or currency pair, be sure to comment so that I can allocate the next analysis for you! ⚠️ Also, please remember that I'm just an analyst, and this isn't financial advice. We're here to stay in the market and maximize profits by adhering to risk and capital management principles.Longby RealMRA1174
EURJPY to see a temporary move higher?EURJPY - 24h expiry Price action looks to be forming a top. A Doji style candle has been posted from the high. 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. We look to Sell at 165.00 (stop at 165.50) Our profit targets will be 163.80 and 163.50 Resistance: 165.35 / 167.35 / 168.95 Support: 161.90 / 160.00 / 158.70 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.Shortby OANDA4