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Eur-jpy

EURJPY will move lower? 🦐EURJPY after the recent highs starts a retracement move inside a channel. The market after the test of the support area move to the 129.350 resistance. According to Plancton's strategy if the price will break below and the conditions will be satisfied we can set a nice short order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Short
by InkyGrip
6
EURJPY 4hour Analysis March 28th, 2021EURJPY Neutral Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: Overall EJ on the higher timeframes is bullish. On the 4hour timeframe we have been in a steady bearish trend and price action is now correcting. Currently, the level price action is at (129.400) is the deciding zone. If we reverse at this level we will be confirming a lower high in a bearish trend and will look to target lower into major support levels. Trade scenario 2: If price action breaks resistance at 129.400 look for a higher lower to confirm a transition of trend and overall bullish continuation.
by ForexLeague
EURJPY 4hour Analysis March 21st, 2021EURJPY Long Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bearish Trade scenario 1: Still overall very bullish but price action is currently pulling back with strong bearish volume. We are looking for strong reversals from key levels like 128.850 & our 61.8% fib level. Look to enter long on strong bullish confirmations and higher lows and target higher toward prior highs and negative fib levels. Trade scenario 2: For us to consider EJ bearish we need to see a lower high below 128.850 with strong bearish setups. Enter short and target lower toward key levels of support.
Long
by ForexLeague
EURJPY facing bullish pressure, potential for further upside!EURJPY is currently facing bullish pressure from 1st support level which coincides with 61.8% Fibonacci retracement . Prices might push up towards 1st resistance which coincides with 61.8% Fibonacci extension and 127.2% Fibonacci retracement . If prices fall through 1st support level , prices might pullback to 2nd support which coincides with 61.8% Fibonacci extension and 50% Fibonacci extension . EMA is also below prices, signaling a bullish pressure on prices.
Long
by FXCM
9
EURJPY facing bullish pressure, potential for further upside!EURJPY is currently facing bullish pressure from 1st support level which coincides with 61.8% fibonacci retracement. Prices might push up towards 1st resistance which coincides with 61.8% fibonacci extension and 127.2% fibonacci retracement. If prices fall through 1st support level, prices might pullback to 2nd support which coincides with 61.8% fibonacci extension and 50% fibonacci extension. EMA is also below prices, signalling a bullish pressure on prices.
Long
by FXCM
10
EURJPY 4hour Analysis March, 14th, 2021EURJPY Long Idea Weekly Trend: Bullish Daily Trend: Bullish 4hour Trend: Bullish Trade scenario 1: EJ is still very bullish on all major timeframes. We recently saw a major rally after a break of consolidation so now we need to wait for a pullback. Look to enter on strong bullish setups at our 38.2% fib level and support at 129.450, target higher toward our -27% fib level. Trade scenario 2: For us to consider EJ bearish we first need to see a break back into consolidation. Technically you could play the range but on the daily timeframe we will remain bullish until we can confirm a lower high below 128.900
Long
by ForexLeague
1
UPDATE! EURJPY will break the range? 🦐EURJPY recently broke the range according to our previous analysis, the market is now moving inside an ascending channel to the previous highs. According to Plancton's strategy if the price will break above and the conditions will be satisfied we will have a new opportunity for a long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
4
EURJPY will break the range? 🦐EURJPY after the recent highs retraced back over the support where the price starts a range move between 2 structure. According to Plancton's strategy if the price will break above we will set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
EURJPY is facing bullish pressure, potential for further bounce!EURJPY is facing bullish pressure from the ascending trendline support and might bounce from 1st support level which is in line with horizontal swing low support as well as 78.6% fibonacci extension and 50% fibonacci retracement. Prices might hit 1st resistance target which coincides with horizontal swing high resistance, 78.6% fibonacci extension and 161.8% fibonacci retracement. If prices fall through the ascending trendline support, prices might hit 2nd support in line with 78.6% fibonacci retracement and 78.6% fibonacci extension. EMA is also below prices, giving prices a bullish pressure.
Long
by TradeGATEHub
2
EUR/JPY Long Term Bullish ViewGood morning traders, today we bring you our long-term bullish analysis on the EUR / JPY pair. 🔸As we can see, the price broke the bearish channel. 🔸After that break, there was a consolidation that lasted for a few months. 🔸Last month, we saw a strong bullish break from that correction, which was a confirmation that the previous momentum was continuing. 🔸We believe that the price has the potential to reach the resistance zone at 133,000, about 300 pips away from the current price level. 🔸In case that area is broken, the next level to take into account is the previous high, at 137,000. 🔸Here below we leave the daily chart where you can see the structures with more detail:
Long
by ThinkingAntsOk
6
EURJPY CLOSED MANUALLY FOR +40 PIPS PROFIT!Good morning traders. As we spoke on our last analysis post. We entered a few positions first thing Monday morning and one of those positions was EURJPY. We've been chasing this pair for a while now and profited massively last week on it. We entered another position yesterday and profited a further +40 PIPS which was a big gain. We currently have one more position running from yesterday and we are currently looking for further setups to enter today. Have a great Tuesday and we will update you on further positions later.
Long
by Forexinsightsuk
3