EURJPY-SELL strategy daily chartThe pair has moved up nicely as expected, and now we are in a SELL area again. It appears we may see some turning lower, especially we are negative stochastic now. Strategy SELL @ 163.00-163.45 and take profit @ 161.17 and SL I suggest above 163.97. Shortby peterbokma3
EURJPY H4 | Approaching pullback supportEUR/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 162.649 which is a pullback support. Stop loss is at 162.200 which is a level that lies underneath a pullback support and the 23.6% Fibonacci retracement level. Take profit is at 163.720 which is a pullback resistance. 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.Long02:56by FXCMUpdated 7
EURJPY As you. Can look clearly on EuRJPY is On bullish trend from big TF ...just gave a potential break on both resistance trendline and previous resistance level ...lastly it gave a potential candlestick pattern..wait for amother retest we'll meet at the finish line 💯💯💯Longby Hardley014
EURJPY, Spring into this ABCD heavenThe first ABCD on the Pic starts the move from the 61% FIb retracement. Just noticing that Then after the EMAs cross up, take all ABCDs. Notice how important it is to have the confluence of a previous support. For sure easy to see after the fact, but such pictures should be part of your collection and prep work so you believe it works. One of the best indicators I know of... when the Springs work. Yours truly, The Spring Hunter by TheSpringHunter0
Buy Strong reaction at support trendline past resistant hopefully to the target Longby calvinjonas011
eur.jpy In the chart, we need to return the price to the range of 163.64 in order to enter into a sell trade, and if the price closes below this price, we can look for the opportunity to sell. We must always have a good reason for the trade, and the double top is one of the good trading patterns. .Shortby JBKONLINETRADING118
EURJPY BUYEURJPY is on a bullish channel and it is ready to go from the bottom of the channel 4.71 R/RLongby Dionisis2
CLEAR CONTINUATION BUYS ON EURJPYAs we can see that EURJPY is potentially forming a double bottom at the trendline with the confluence of 61.8 fib level if we some sort of bullish confirmation we can plan long entry. TP1 - 163.673 TP2 - 164Longby IMEVIL2
EURJPY-Previous Day candle closed Bullish. If we are looking for buys we will take on until resistance formed on 18th Dec 07 daily bearish candle open. - If we are looking for sells we take on until 18th Sept 07 daily support. - Wait for 1 hour candle to close above or below zone. -We risk 3% of our capital. Close trades once price reverses to opposite direction and 1 hour candle closes below/above order Block.by Mbugua-KeUpdated 1
EUR/JPY longEUR/JPY long" break of structure + 72%fib retracement align whit demand area"Longby elyes_hantous3
DeGRAM | EURJPY test of the psychological levelEURJPY is making higher highs and higher closes, indicating a bullish trend. It's trading in the ascending channel. The market is pulling back to the confluence levels of resistance (pychological level at 163.000) and 61.8% fibo retramcenet level. We expect a trend continuation trade from the kill zone. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Longby DeGRAM1113
Sell Area 1H EUR - JPY Considering the strong fund of the Japanese yen, i can look for optimal entry points to sell the euro against the yen in the time frame of one and four hours. My best points are in this range Please don't be the criterion of your trades and I have no responsibility.Shortby He30Updated 0
EURJPY is poised to test all-time highsEURJPY is poised to test all-time highs As I explained two days ago EURJPY had the chance to rise up to the top of the structure again near 164.30 despite the risk related to the long trades. The reason is simple...BOJ is not reacting and we can see that all JPY-related pairs are only rising during this week. There is no reason for price to respect technical levels or patterns as long as this only a LONG game and the only institution that can stop this mess is the BOJ. We will not see the JPY strengthen, as long as the representatives of the BOJ will be stubborn and will not take measures to ease the problems created by these extreme conditions that the JPY is testing. Let's hope that EURJPY will start moving down after testing the top of the structure. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️by KlejdiCuniUpdated 1121
EJ 4H Sell Idea 2/25/24Price is at the highs of Nov '23. Double tops are forming on the 4H and below. Looking for the M to complete on the 4H at a minimum before returning to bullish price movement. Price could very well continue bullish from where it currently is, but we shall have to wait and see.Shortby cecediditUpdated 1
Possibly Bullish Trade Idea on EURJPYPotential Bullish idea for EURJPY. Looking for a retest of the 163.246 - 163.207 support zone. Waiting for an oversold condition on the RSI. Which is currently met. Waiting on 5min time frame confirmation for potential BULLISH movement for entry. Let me also note that price could potentially give us a 100% retracement to the floor at which time we will also be ready to BUY.Longby Yourlifematters112
Should we set a target? - JPY TradesIn this live trading video,we explore the idea on if we should set a target on our JPY positions of EURJPY and USDJPY. We explore the reasons for when we should set a target and when we should not. You can cross transfer these principles on any strategy.06:51by masterthemarkets20106
Technical Analysis : EURJPY shorts 162.705 into lows at 163.537Resistance 163.209 163.180 Fib .50 level 162.946 Support 162.705 162.688 Profit Target 163.537 EURJPY experienced a strong rejection from the Fibonacci level of 162.946 and then broke below the previous day's low of 162.688. An entry has been initiated with the expectation that the price will continue to move towards the profit target of 163.537.Shortby Youngking22Updated 116
EUR-JPY Resistance Ahead! Sell! Hello,Traders! EUR-JPY keeps growing And the pair is locally Overbought so after It hits the horizontal Resistance level of 164.229 We will be expecting A bearish move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals1113
EURJPY Sell Stop order based on Bearish DivergenceEURJPY Sell Stop order based on Bearish Divergence which is sign of possible Bearish mometum in the market. on safer side, Sell Stop order is placed so when market price is lower, Order will be triggered and Accordingly Stop loss and Profit level is selected as per price Projectionby Trade_With_Sherry774
EUR/JPY SELLING at 162.76EUR/JPY has been BULLISH since July of 2023 so its abrave man (or a fool) who calls the top on this particular pair. That said the current wave of BUYING started earlier this month and there are clear signs that EUR/JPY BULLS are taking a breather. The SELL signal line of the Andean Oscillator is rising and the green buy line is crossing south over the signal line indicating an increasing BEARISH influence. MACD is mirroring this and also crossing south and the RSI on H1 which has been overbought for sometime is also heading south. So all the technical indicators would suggest we're headed south from these levels. However. The 25 50 100 and 200 EMA's are all below price so EUR/JPY BEARS will have their work cut out to drive the price lower. This trade will have to be carefully managed and exited if there are signs of support coming in. There's no more scheduled news now until next week so once the markets have digested the green numbers of the Unemployment Claims and Flash Manufacturing PMI then whatever direction we 're going in should last for some time. Shortby forextraplacesUpdated 141421
EURJPY next down wave forecast Price currently in final wave structure (wave 5)... Orange box might be area for price to unfold next down wave movement...There is possibility price pass previous high (164.308) to complete wave 5 structure or price reject previous high (double top formation) then next down wave movement will be unfold... Shortby Aqeem_Wong_FX117
EUR/JPY Helloo, This is what the trade Im waiting for looks on EUR/JPY . Its monday and let the price make its own path.by andricstrahinja957
Long buddy!!!Long bias with a liquidity grab imo Target area around 163.200 within this week close. Trade safely my friends Longby Dlphdavis0