Eurjpy correction completeHi everyone in the Trading View community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about FX:EURJPY
We can see market testing its trendline and in a correction phase.
So we are expecting more fall from its resistence TL.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
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Eurjpyanalysis
Bullish continuation EURJPY for the week of 11 JulyOn D1 I see a bullish trend that paused/halted and became a ranging market. Recent rejections show me that this pair may head up again, at least to the top of the range (143.90). The s/r zone I have drawn has held up so far and today we had a deeper penetration of the zone too. We also have a close above the zone with a pin bar candle. This gives me a bullish bias.
The H4 chart looks interesting although we are below the 50ema. The last 15 candles have been around the s/r zone, We had a swing low and then a lower low within the zone. If we see a higher low next, that would confirm my bullish bias and I would like to take a long.
We don’t have a clear uptrend, but this analysis does make sense to me. This could be treated as a range trade that may turn into a trend continuation.
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EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY -
- EURJPY has a short-term UPSIDE BIAS at the moment. Maybe it can reach 139.202 LEVEL. 139.202 is a very good RESISTANCE limit.
- Some NEWS coming for the USD will help weaken the EURO. Here the price can be pulled down one more time by RESPECTING the EURJPY TRENDLINE very well. It may come down to 135.116 LEVEL.
- Somehow the price moves to the area I mentioned and its trend line
If the BREAK is done, the EURJPY price can definitely be BUY if the DOWNSIDE CHANNEL is BREAKED. For that, EURO STRONG and MARKET RISK must be ON.
EURJPY is in possible sell zone!!Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURJPY BUY!!Price has been trading inside the given Parallel channel for quite some time now . Price recently reached the lower limit of the Channel and got pushed up. Price seems to be retesting the support zone and as soon as the retest of 137.678 zone is done , i expect an upward move considering the fact that 50 EMA on Monthly chart recently crossed 200 EMA to upside . My final Target is 145.7 !!
DeGRAM | EURJPY bearish opportunityEURJPY is in a bearish trend on a 1 hourly timeframe.
Currently, the price is retracing to the 139.000 resistance level.
If price action rejects that level, then we are going to look for signals to short.
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EURJPY | Perspective for the new weekAfter testing its lowest point in the last two weeks as bears appear to be expressing their strength on the back of possible EU inflation data.
From a technical perspective, the last couple of weeks have been a challenge for the bulls, price has been unable to break above 144.300 hereby creating a scenario that looks like a reversal setup in the form of a double Top structure. This video illustrates how to take advantage of either a bullish or bearish bias in the coming week.
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Past performance is not necessarily indicative of future results.
EURJPYM; bullish
w; bullish
d; bullish and also stuck in a range, if it broke the structure imma be looking for sales tho
4h; sideways
if the price broke below the previous structure and S/R zone that is a change of the trend and imma look for the price to be below the 50/20ema and an engulfing candle break
then the 1h signals; below the 200 and price is away from the 14 and 5 ema
⁉️ EURJPY - Market AnalysisHello traders!
⁉️This is my analysis on EURJPY..
Here I expect a retracement as we are in a bearish market structure. I am looking for short if the price fills the imbalance and rejects from bearish orderblock + institutional figure 142.000
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