Eurjpy buyEurjpy looking for another pushup our last analysis got TP successfully 😀 Next another W patter conformation for buy momentum also jpy currency looking too weak Longby DNA_Trader_Officials113
EURJPY SidewaysEURJPY is not making any clear highs or lows consecutively, therefore support and resistance trading strategy is suitable.by ruba_hasan960
Yen Nears Record Low Versus Euro on Divergent Monetary PoliciesThe Japanese yen (JPY) is nearing its all-time low against the euro (EUR), driven by differing monetary policies between the Bank of Japan (BOJ) and the European Central Bank (ECB). While the BOJ's interest rates remain significantly lower than those in the Eurozone, the ECB's cautious approach to rate cuts supports the euro. Key Points: - Interest Rate Divergence: The BOJ ended its negative interest rate policy in March, but its rates are still much lower than those in Europe. This gap weakens the yen against the euro. - Carry Trade Dynamics: Low yen volatility boosts carry trades, where investors borrow in yen to invest in higher-yielding euro assets. - ECB's Rate Cut Outlook: Internal debates within the ECB about the pace of rate cuts add uncertainty but overall support the euro. - Yen Intervention Risks: Potential interventions by Japanese authorities to support the yen could moderate its decline. - Economic Assessments: Mixed economic data from Japan and strong wage growth in Europe provide additional support for the euro. Market sentiment is bullish on the euro against the yen, with positions indicating expectations of further euro strength. The EUR/JPY pair remains firm at around 170.00, benefiting from both fundamental and speculative support.Longby signalmastermind0
TRENDING DOWN MAYBE IF SO WHAT IF THEN NOW HI!fdafda 4 to 1 risk reward This is forex trading on this day, not day o fthe day yesShortby outGbox3
EURJPY POSSIBLE BUY OPPORTUNITY!Price has been maintaining a bullish strength for past few days now and currently trade at 170.570 a buy opportunity is envisaged from the current market price. Target is 171.200 level.Longby Cartela1
TRADE SIGNAL - BUY EURJPYWeekly and daily price bars has not moved bullish at all (no top wick), and price seats currently on psychological level 170.000. There are chances that price has found support at that level. If so, then expect a bullish swing up to 171.000 in the coming hours or days. Confluences (A.K.A checklists) to look out for: ✅Price at psychological level? ❌Has there been a recent intraday range? ❌Do you see 30 mins or 1 hr price bar closure outside recent range? ❌Will position be in the direction of 4hr and Daily trend ? ✅Has nearby wicks to the left-hand-side been identified and marked as potential problem area/TPx? Go long only when you tick out this checklist!!! Trade parameters: Buy @ 169.982 - 169.781 Flex SL 169.449 Final TP 171.002 Warning: 1. trading derivative could result to loss of your capital, kindly apply caution and use only the money you can afford to lose. 2. Previous performance is not a guarantee that my signals will profit you. Accept and implement this idea at your own risk. 3. You are advised to apply proper risk management while trading derivatives...!!! BR, Kings Learn how to trade. See my signature below or visit my profile for more detailsLongby Kingsley_lotannaUpdated 114
Trade 3. GBPJPYEntry: - Setup RB Exit: - Trail SL and exited at BE with 0.0R Notes: - probably exited too soon, without a technical perspective.Longby huypham251
EURJPY-bias longBullish indications: Resistance broken at 169.931 HHHL Consolidation break out Support respected at 169.258 4 hr time frame formed with double bottom with the hammer/engulfer candle. Bearish indications: Bearish divergence. Trade plan bias long @ 169.914 SL:169.288 TP1:170.599 TP2:171.247 Longby gouthamkulal1Updated 7
EURJPYEUR/JPY is showing strong bullish momentum with potential for further gains, and a strong uptrend, with moving averages indicating a continuation of this bullish momentum. Key support levels are noted at 169.05 and 167.31. On the upside, resistance is likely at 170.62 and 171.58. A break above these resistance levels could signal further upside potential towards 172.00 and possibly 175.00 in the longer term. The euro has been strengthening against the yen due to the interest rate differential between the European Central Bank and the Bank of Japan. The latter's dovish stance continues to exert downward pressure on the yen, making the euro more attractive to investors. Short-term pullbacks in the pair are viewed as buying opportunities.Longby TFXBR1
EURJPY - Sell StopBearish Divergence + Double Top, we'll sell if it breaks the previous HL Entry Price: 169.925 Stop Loss: 170.560 Take Profit: 169.2900Shortby Alee_Kolachi3
EUR/JPY SENDS CLEAR BEARISH SIGNALS|SHORT Hello,Friends! The BB upper band is nearby so EUR-JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 166.784. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 116
EURJPY BearishI see a sell opportunity on EURJPY. I will wait for price to break below triangle followed by a bearish engulfing candle.Shortby devans18158819
Eurjpy buyEurjpy looking for uptrend continuation trade safe use Stop-loss bcz of jpy pairs ontop spikes may possible...use SL and TP ...jpy looking more weakLongby DNA_Trader_Officials1
EURJPY Bullish Move**Monthly Chart (Bullish)** Last month's candle closed bullish suggesting a continuation of the bullish trend at least to break the monthly high of Oct 1998 at 164.536 and move ahead towards testing the high of July 2008 at 169.96. **Weekly Chart (Bullish)** Last week's candle closed bullish. However, it is still within the range of the previous week’s candle after slightly testing the high of Oct 1998 at 164.536 and rejecting the price from it. This week we are going to see if the price breaks the high again and moves towards the first target at 166 and then 168 levels. There is also a high probability chance that break the July 2008 high at around 170 level (round number). **Daily Chart (Bullish)** Tuesday - 2nd April 2024 The candle closed as a key reversal creating a swing low that bounced after grabbing the liquidity and swiping the price higher, this indicates the high momentum for EURJPY to continue moving higher. This week, I will be looking for an entry to go long if the price gives a corrective structure with good risk-to-reward parameters.Longby PropSignalsUpdated 2
EURJPY,1H BY TRADE MASTERS EURJPY is making HH and HL its a positive upword momentum,it may formed new higher high we make an entry on breakout of higher high BUY STOP 170.52 STOP LOSS 169.93 TP 1 170.93 TP2 171.45Longby waqarAhmed120
A POTENTIAL EURJPY SELL Price currently at monthly high of 2008 last high. If price fail to move pass 171.590 level wait for a Break Of Structure(BOS) at last support(164.129). After a BOS take place, wait for price to correct back to an ORDER BLOCK(OB) of the Impulsive move that broke structure. For a safe entry go to lower time frame and wait for a bos and and allow price to correct back to an order block zone.Shortby benjamin06330
IF PRICE IS OFFERED AT 170.031 WE MAY GO LONG!Price currently trade at 170.031 if we can see price offer at 170.031 we can buy from that level Target is 170.507Longby Cartela0
EURJPY TRADE SETUPWait for retest the key level then take a trade for Buy otherwise skip this setupLongby JinnatAlamSumon3
EURJPY: Bullish Outlook Explained 🇪🇺🇯🇵 This week, EURJPY broke and closed above a key daily structure resistance. After a breakout, the broken structure turned into support and was retested. Retesting that, the market started to consolidate within a horizontal range on a 4h time frame. A bullish violation of the resistance of that range is an important intraday bullish confirmation and sign of strength of the buyers. I think that growth will continue next week at least to 171.0 level. ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader114
EURJPY Is Bullish! Long! Take a look at our analysis for EURJPY. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 170.021. Considering the today's price action, probabilities will be high to see a movement to 170.485. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProviderUpdated 113
EURJPYWe can attempt to buy EURJPY from specified level as HL ,0.5 FIB also occur , and no bearish divergence. SL , TP mention in chart.Longby SignalEdgeUpdated 1
EURJPY What Next? SELL! My dear subscribers, This is my opinion on the EURJPY next move: The instrument tests an important psychological level 170.41 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 168.97 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK Shortby AnabelSignals224
EURJPY In a Bullish Trend - Ascending ChannelEURJPY In a Bullish Trend - Ascending Channel EURJPY is still rising within a bullish channel from 15 May 2024 for about 9 days. The support the BOJ is giving the market to kill the JPY is pushing all XXXJPY pairs higher. It seems like a WIN-WIN game that you can take the profits and be satisfied with zero risk. The problem is that all JPY pairs will only move when the BOJ intervenes in the market. We all know that intervention will create aggressive bullish waves. Until that moment, all JPY pairs are only rising and bullish. 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❤️ Longby KlejdiCuniUpdated 6618