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Eurjpyanalysis

EUR/ JPY !! 25/1/2024 Trendline , touch EMA SELL NOW⭐️ Smart investment, Strong finance ⭐️ Personal comments NOVA: The price is in a very nice downward trendline, along with touching the EMA, setting up a SELL signal ⭐️ SET UP EUR/ JPY PRICE: 🔥SELL zone: 160.800 - 160.950 SL 161.300 TP1: 160.510 TP2: 160.210 TP3: 159.820 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
Short
by Nova-Scalper
4
DeGRAM | EURJPY break above / close aboveEURJPY is making higher highs and higher closes on the 4 hourly chart, indicating a bullish trend. Price rebounded from the reaction zone. The market broke and closed above the reaction zone, which is the support level. We expect a breakout of the level, a pullback to it, and then a continuation of the trend since the major trend is bullish. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
4
EURJPY: Yen strengthens ahead of Bank of Japan meeting; The markCurrency stability is a hot topic in financial markets today as investors prepare for meetings of major central banks in Japan and Europe. The Japanese yen registered a notable gain, trading at 147.74 yen against the dollar, as markets awaited the Bank of Japan's upcoming monetary policy meeting. The bank is expected to maintain negative interest rates, a stance that has gained further support following Japan's recent earthquake. The dollar index of the US dollar against a basket of major currencies was little changed at 103.24. Meanwhile, the euro fell slightly to trade at $1.0888, while the pound rose slightly to $1.27095. Investors are also adjusting their expectations for the U.S. Federal Reserve's next interest rate move. The interest rate cut was originally expected to occur in early March, but the forecast was pushed back to May due to strong U.S. economic indicators. This suggests that the Fed may take a more cautious approach to monetary policy changes, despite previous expectations for rate cuts. All eyes are also on the European Central Bank (ECB), which will discuss its own monetary policy on Thursday. Given the impact on global supply chains, particularly those that affect trade routes through the Red Sea, the ECB may have to balance the need to support economic growth with the pressures of external trade challenges. The turmoil has led to a reassessment of the timing of potential interest rate cuts by the ECB as it considers the impact of these issues on the broader economic situation.
Long
by Chart_MasterPro
EURJPY SHORT The analysis of the pair suggests that the upward correction is close to completion and this week we can expect the continuation of the downward movement. All this means that it is time to cover longs and take short positions. Recommendations. 1. Levels for short entry: 161.50; 163.40. 2. Target: 156.00 3. Pay attention to the size of swaps on short positions of your broker. On this pair, the swap can be strongly negative. In our case, the swap is 0.5 p., which is acceptable. 4. Now you need to be very careful with long positions and be sure to insure yourself with a stop order. 5. Take a closer look at the situation, as it is a shame to miss such an opportunity.
Long
by Dmitry_agat
EURJPY: Latest information on market trends in the Asian session There wasn't much news of note on the day, except for some news regarding the energy market. Qatar has reportedly suspended LNG transport through the Bab el-Mandeb Strait (Suez Canal). Houthis fire cruise missile at US Navy ship Oil prices have risen, but not by a large amount Political news: William Lai was elected president of Taiwan in Saturday's election, despite the Democratic Progressive Party (DPP) losing a majority of seats in parliament. Senate Democratic Leader Schumer said Congressional leadership approved the temporary funding measure. Forex market: The People's Bank of China this month kept its medium-term financing (MLF) interest rate unchanged at 2.5%, despite widespread (but conflicting) expectations that it would cut it by 10 basis points. . This comes despite China's continued deflation and reflects the People's Bank of China's concerns that a weaker yuan could lead to capital outflows. The dollar/yen exchange rate rose during the session, weighing on the yen as the two-year Japanese government bond yield fell below zero. The US dollar has weakened against the euro, pound and Canadian dollar. The Australian dollar and New Zealand dollar underperformed. Offshore yuan gains during session
Long
by Chart_MasterPro
EURJPY SELL I Potential Downside from Resistance|AnalysisHello Traders, here is the full analysis. Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity EURJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Short
by TheGrove
3
EURJPY I Potential Pivot to Downside from Resistance 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 straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
7
EURJPY: Japanese yen suffers big loss due to doubts about Bank o Asian trading volumes on Monday were slightly affected by the Japanese holiday. The yen rose 0.1% after falling to nearly 145 yen to the dollar on Friday. The earthquake that hit central Japan also caused the Japanese currency to suffer its worst weekly decline since late 2022. Post-disaster economic stimulus and recovery measures could delay the Bank of Japan's plans to start tightening its ultra-easy monetary policy, which is expected to put strong pressure on the yen. The current focus is on Tokyo's December CPI inflation data, which is often used as an indicator of national inflation in Japan.
Long
by Chart_MasterPro