Welcome back! Let me know your thoughts in the comments! ** EURJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Hello traders! ‼️ This is my perspective on EURJPY. Technical analysis: We can see here that price changed the character and started to form higher lows and higher highs, so I look for a long position. I want price to make a retracement to fill the imbalance lower and then to reject from bullish order block. Like, comment and subscribe to be in touch with my content!
Preferred direction: SELL Comment: For the yen, the extreme sell scenario (№1) worked out perfectly for us. Quite a quick realisation, although the idea was medium-term. At the moment we are not postponing scenario 2 , which is currently in the works. Here, despite the potential strengthening of the US dollar, the currency pair will most likely fall. The...
Preferred direction: SELL Comment: As we said earlier, most likely 2024 will begin with a strengthening of the US dollar . For this currency pair, we also now fully adhere to sell-priority. During this week, the support at 1.09000 is expected to break through and further fall towards the level of 1.08000 . Technical analysis supports this idea, and...
In time H2 and H4, after a three-wave correction, it is currently moving with the formation of an increasing angle pattern. According to the last log, it can be expected that after the pullback to the entry area and confirmation of the return, he entered the buy position until the resistance area. As you can see in the chart, three-wave steps and exit from density.
1️⃣ EURUSD daily time frame 🇪🇺🇺🇸 The pair is currently stuck within a narrow intraday horizontal trading range. We are expecting the US inflation data tomorrow and for the market participants it will be the important trigger. Monitor the reaction of the price to the boundaries of the range and look for a confirmation. That will be your signal. 2️⃣ EURJPY...
Hello,Friends! We are going short on the EUR/JPY with the target of 157.518 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
+ 1.) daily 3 pin formation on daily level 2.) daily support level (157.684) 3.) daily orderflow bullish 4.) 4h manipulation wick 5.) strong 4h divergence 6.) broke 4h trendline 7.) no 4h/30 min divergence against us - 1.) choppy price action on monthly/weekly timeframe 2.) no clear momentum on higher timeframes overall not the best price action but i think...
Hello TradingView Family / Fellow Traders, 📈 EURJPY been overall bullish , trading inside the blue channel and it is currently approaching the upper blue trendline. Moreover, the zone 159-160 is a robust resistance zone. 🎯 Therefore, the highlighted red circle represents a significant area to consider for potential sell setups , as it marks the intersection...
- EUR/JPY's marginal decline influenced risk aversion, as the pair fluctuates within a narrow range. - Downward trend persists, with potential supports at 157.03, 156.42 and 156.00 level. - Buyers aim to overcome hurdles at 158.00 and 159.00.
1. European underperformance relative to the US should weigh on the shared currency. 2. The Japanese currency was a significant underperformer during the global tightening phase, and so we believe the currency can become a significant outperformer during the global easing phase. 3. A likely hawkish monetary policy shift from the Bank of Japan later this year,...
Hello Traders! This is my idea related to EURJPY H2. I see a retracement from the resistance level of the channel and also a small retracement (15M - 30M), to close the imbalance and to react from OB. Now I see a good opportunity to execute a short trade until the price of 155.800. Traders, if you liked my idea or if you have a different vision related to this...
FX:EURJPY is forging a false resistance breakout amid a global bearish trend. Bearish volume is forming in the 158.38 zone Based on the fundamental background and strengthening of the Index dollar ( TVC:DXY ), the euro ( FX:EURUSD ) may lose ground. In such a case, on the background of euro weakening, Japanese yen ( FX:USDJPY ) may strengthen. Globally,...
Hello traders and the entire Tradingview community! Hope you had a great weekend! Taking a look at the EURJPY, we can see a price channel as indicated in my chart. The price channel has been working for more than 4 weeks now. As you can already see, price has reversed after hitting the upper trend line of the channel many times in the past. This time too, EJ...
EUR/JPY - M30 Chart - Rising Wedge Formation Price Breaks the pattern now. its Good chance to sell. Lack of Major News: So far today, there hasn't been any major news impacting the EUR/JPY pair. Thank You.
EURJPY formed a head and shoulders pattern after a strong bullish impulse. The violation of its neckline signifies the exhaustion of the market and a highly probable initiation of a correctional movement. I expect a retracement at least to 157.1 ❤️Please, support my work with like, thank you!❤️
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 156.381. ✅LIKE AND COMMENT MY IDEAS✅
The EURJPY pair was trending quite steadily over the past year. After peaking in November 2023, there was a pretty sharp pullback in anticipation that we're exiting out of a high-rate environment. Those expectations seem quickly quashed as we enter 2024 and the upside breakout signifies further upside potential, especially as the upper range boundary continues to...