Juicy short opportunity if EUR/JPY respects this resistanceOn the back of a very weak Japanese Yen(JPY), EUR/JPY has strongly rallied to the 142.20 resistance level.
However, there could be a very strong pullback on the cards if EUR/JPY respects this resistance.
As long as price doesn't break the resistance, sell entries would have very good potential in my opinion.
I would be looking to sell EUR/JPY@143.80-144.20, SL placed moderately above resistance with targets
at 142, 140.50 and 138 respectively.
Eurjpyanalysis
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY
- EURJPY currently has an UPSIDE BIAS. With JPY WEAKNESS, XXXJPY CURRENCIES are BUYING very fast right now. EVEN IF VIX UP, XXXJPY CURRENCIES BUY VERY FAST WITH JPY WEAKNESS. Maybe it can reach 143.711 LEVEL. 143.711 is a very good resistance limit.
- Some NEWS coming for the USD will help to weaken or strengthen the EURO. But if the RATE HIKE SENTIMENT is PRICED by the ECB, EURO may be BUY more.
- Anyway, the price can move to the area I mentioned and after that the EURJPY price can move back to the 137.06 LEVEL. For that VIX should be UP and JPY should be STRONG. eurjpy
The Best And Last Place To Can Short EUR/JPY To Get 200 Pips A.LThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURJPY: Dips keep getting bought!EURJPY
Intraday - We look to Buy at 141.30 (stop at 140.35)
We are trading at overbought extremes. A lower correction is expected. With the Ichimoku cloud support below we expect dips to be limited. We look to buy dips.
Our profit targets will be 144.10 and 144.30
Resistance: 144.30 / 147.25 / 151.00
Support: 141.70 / 138.85 / 135.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
EURJPY SHORT CHART ANALYSIS POSTED ON SUNDAY 21 AUGUST 2022EURJPY CHART ANALYSIS POSTED!!!
Let's see how this pair will perform based on the analysis, I see short the other levels are I didn't posted because it will create confusion to others.
Make sure you do your research and based on your confluence please look for the entry.
EURJPY: Battle of the meek!EURJPY
Intraday - We look to Buy at 139.00 (stop at 138.40)
Buying pressure from 138.92 resulted in prices rejecting the dip. The current move higher is expected to continue. The hourly chart technicals suggests further downside before the uptrend returns. Preferred trade is to buy on dips.
Our profit targets will be 140.75 and 141.70
Resistance: 141.70 / 144.30 / 147.20
Support: 138.80 / 137.55 / 135.95
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’ ). 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 Signal Centre.
EURJPY is in possible sell zone!!EURJPY has formed a reversal pattern on an important monthly level of resistance. On the monthly close, the price had a bounce and from the monthly resistance, it created a reversal pattern with a test of the neckline as resistance. It is a high probability that EURJPY will continue to drop as the market is over-extended to the upside
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY
- EURJPY has a short-term UPSIDE BIAS at the moment. XXXJPY CURRENCIES BUYED VERY FAST WITH JPY WEAKNESS. Maybe it can reach 140.234 LEVEL. 142.295 is a very good resistance limit.
- Some NEWS coming for the USD will help to weaken or strengthen the EURO. But if the RATE HIKE SENTIMENT is PRICED by the ECB, the EURO can be BUY more.
- Anyway, the price can move to the area I mentioned and after that the EURJPY price can move back to the 132.975 LEVEL. For that VIX should be UP and JPY should be STRONG.
EUR/JPY Long Setup After This Amazing Daily Closure , Ready ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURJPY .Wait!!!! Don't Buy for long!!! My view on EURJPY.
after awhile of studying EURJPY, I noticed most SMC traders or most traders are still having a bullish bias due to the unmitigation of a supply that has not happened and price hasn't really get close to the supply In any way.
most traders will agree we're bearish, but a lot will agree that we're on a short term bearish move so they're still looking for buying opportunity when price gets to a demand zone to buy into the overall supply, due to the mittigation of supply that hasn't happened.
but that is totally wrong,!!!!
the main purpose of price going back up or down after every break of structure is to rebalance price, which mean retracement to fill in any inefficient price action or Imbalance, and when price Is done with that it is ready to continue the trend.
mitigation might come in while price get rebalanced at discount or premium pricing, but note,
after price moves from discount to premium or from premium to discount, to rebalance price, and it has started a reversal without mitigation, any zone against the order flow becomes low probability, which means they're likely to be take. out.
This is same on EURJPY daily TF. this mainly happened with the large TF
EURJPY SHORT BIAS Hello traders, In this article i'm sharing with you EURJPY shorting opportunity that I see and how i'm choosing to approach it. Here's the H1 view of the EURJPY and we see a major change in structure to a bearish trend and right now, at our area of interest, we see a double top as indicated by the "X" and we're looking to short upon the retest of this double top neckline. Should be a decent RR if the market makes the pullback.
We however urge that you stay reactive as this is not financial advice, but for educational purposes.