CLEAR AND HIGH PROBABLITY CONTINUATION BUYS ON EURJPYAs we can see EURJPY is at the support zone and also there is confluence of well respected trendline. look for bullish confirmations to take it to the upside. Target - 163.598Longby IMEVIL1
Double Top w/ Caution!! - EJHere I have EUR/JPY on the 1 Hr Chart! The HOT news on French PMI Thursday Morning followed by the Not-So Hot German and Manufacturing/Services PMI readings began the formations of a strong reversal pattern called a Double Top! The mixed PMI results for USD seemed to ease Euros' decent BUT With 2.8% CPI and talks from the ECB of "possible Rate Cuts in March", this could make Euro start to look less favorable in the bucket of currencies! Given that CONFIRMATION of Pattern is @ 162.649, I like to keep in mind the flipside of the coin and there are decent levels of Support in the ( 162.45 - 162.33 ) and ( 162.03 - 161.9 ) ranges! *These could serve as opportune Fake-Out areas to turn this pattern into a Ranged pattern called a BULL FLAG! -CONFIRMATION of PATTERN @ 162.649 -INVALIDATION of PATTERN @ 163.208Shortby Novi_FibonacciUpdated 5
Technical Analysis : EURJPY long 163.209 up to 163.537Resistance 163.209 163.180 Fib .50 level 162.946 Support 162.705 162.688 Profit Target 163.537 EUR/JPY has experienced a rejection from the 162.688 zone and is currently ranging in the 162.946 Fibonacci area. The next potential move is anticipated to be a push to the upside, with a target of breaking the 162.946 level and reaching the daily high of 163.209. Following this, a retracement to the 163.180 zone is expected to gather momentum for a further push towards the profit target of 163.537.Longby Youngking22Updated 3
EURJPY: Running out of steam?We're back returning to the ATH, which is around the centreline of the rising channel we've been in since the pandemic. I'm definitely expecting a reversal soon, we may post another ATH by a whisker, or it may double top before a move back down to the lower boundary. Any strong JPY fundamentals will break the boundary and signal the reversal imo. Surely the Yen cannot be allowed to remain so weak?? Backing Yen will be on my agenda in the coming months.Shortby Finchcliffe2
Eur-JpyYou still can make money from this ..... if you are swing trader just go for it AGAIN Longby Marwani1
EUR/ JPY LongSame a EUR/ USD waiting for a pull back or a break out. the preferred entry would be a rejection from the yellow line following a 4h close and a bullish candle on the 30m or 1h Longby garethwarnock441
EURJPY: TECHNICAL ANALYSIS.Hello traders, Wave 5 is supposed to end at 163.461-163.490 zone. Then ABC Correction is aimed at getting to 159.510 zone. Thanks.Shortby MASTERPIECE104
EURJPYPotential BAT Harmonic pattern expected to target 163.000 Target 163.000by ChartMakerProUpdated 5
Short Bias EJ 1MSimple Supply and Demand on 1M.... Set a Pending order with your allowable SL. Sit on your hands and wait for price to do its thing. Shortby BigBody_Crypto110
EURJPY Resistance Ahead!EUR-JPY keeps growing And will soon hit a horizontal Resistance level of 163.846 From where I think we will See a local bearish correction !Shortby kacim_elloitt4
EURJPY LONGSThis pair is displaying impressive strength, set to not only meet but surpass its targets. My next target is 163.942. Trade safe!Longby TheRealAshiraf1
EURJPY: Possible Swing Selling Opportunity!Dear traders, EURJPY recently has been overbought, and price is currently at the crucial level. There are two possible swing entries which can be utilised properly. JPY plummet to lowest, making it one of the worst performing currency on currencies index. Take sell entry with accurate risk management, no more than 80 pips in stop loss. If first entry fails, take second entry. We are now focusing on both of these area for swing selling. 400 to 800 pips in take profit. Good Luck. Shortby Setupsfx_3327
EUR/JPY: Upward Momentum Strong, Resistance AheadHello Everyone, The recent surge in EUR/JPY has been remarkable, with expectations pointing towards continued upward momentum. Anticipated resistance levels lie notably at 163.102 and 170.505. TradeWithTheTrend3344 Longby TradeWithTheTrend33441
eurjpy sell signal. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a tradeShortby wavesscoutforex113
Short Idea on EJ!Hello Traders! I am looking for a bearish move from this supply because the price reach a big supply on D1 timeframe. On this D1 supply the structure starts to be bearish, price breaks a low point on H4 tf. On M30 tf price grabs LQ from the previous high point, let's see. I'm looking for a 1:5 RR trade. Have fun!Shortby BogdanUng3
Price PatternPrice patterns are recurring formations on a chart that traders and analysts use to identify potential future price movements in financial markets. These patterns are formed as price pauses within a trending market and show increased pressure from the prevailing trend (continuation patterns) or a shift in power between buyers and sellers (reversal patterns). Educationby ElGore181
EURJPY H1 | Potential bullish bounceEUR/JPY could fall towards a pullback support and potentially bounce off this level to rise towards our take-profit target. Entry: 162.675 Why we like it: There is a pullback support level Stop Loss: 162.361 Why we like it: There is a pullback support that aligns with the 23.6% Fibonacci retracement level Take Profit: 163.464 Why we like it: There is a 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.Longby VantageMarkets0
EUR/JPYHelloo, This is my analysis for the EUR/JPY at the D tf. Today is the friday and the last day on the stock market, so today the stock will close. Today is also JPY bank holiday so maybe today will be low or high volatility on the market because today there will be a lot of speculators on the market. Be careful by andricstrahinja950
EURJPY Possible Long PositionH4 - ReEntry H1- CSM ((when candle close outside the Top/Below BB))/Candle Close Above 50 EMA M15- wait for Reentry in MALO Note: * 1:3 RRR (15 sl, 45 tp)Longby GreggiBond1
Sell EURJPY Channel Breakout The EUR/JPY pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a bullish channel pattern. This suggests a shift in momentum towards the downside and a higher likelihood of further declines in the coming minutes or hours. Key Points: Sell Entry: Consider entering a short position around the current price of 162.85, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: Initial bearish targets lie at the previous support levels within the channel, now acting as potential resistance zones: 162.04 and 161.54. Further downside targets could be determined using other technical analysis methods like Fibonacci retracements or extensions. Stop-Loss: To manage risk, place a stop-loss order above the broken channel support line at 163.35. This helps limit potential losses if the price reverses and breaks back upwards. Thank youShortby KABHI_FOREX_TRADINGUpdated 2214
EUR/JPYTraders, EUR/JPY is in the sell area where im watching for the price to give me some conformation for sell order. As you can see, the previous one, price draw down so fast and now it is in the same position, stay focused and wait for my signal to open sell position. For now, keep calm and wait by andricstrahinja953
EURJPY ON TARGET☝☝EURJPY ON TARGET OUR PRIVIOUS ANALYSIS OF EURJPY IS ON TARGET YOU CAN CLOSE YOU POSITION AND like and follow for more updates ENJOY YOU PROFIT Longby MASTERSHAH_G0
EURJPY -4hrs ( buy Trade Target Range 200 PIP ) 💵Pair Name EUR/JPY Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Long ) Mid Term Type : Mid Term Swing —————————— Bullish Break 161.900 Area Reasons - Major Turn level - Bullish Flage Pattern - Choch Break - M + D High Break - Foxed Ramge poc Area Break Bearish Reversal 163.750 Area Reasons - Major Turn level - Fixed Range Value - choch Area - Fibo Target - Quarter's AreaLongby GoldenEngineUpdated 5