EURJPY top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
Eurjpyprediction
EURJPY SELLWelcome back guys, so Basically we are all set for the New week trading, and let’s always learn to trade Carefully and also patiently wait for confirmation before entry into any trade.
So we Would be looking To Sell EURJPY before we expect A massive Buy Confirmation So I would be Explaining this Analysis to you guys.
We are Expecting a Sell at Zone 141.282 that’s my 0.61 Fib Lvl totally we are expecting a 169 pips sell if It’s breaks Zone 140.471 then out tp Reversal Zone would be 139.597 That’s our Buy Zone Confirmation.
Sell EURJPY
SL: 141.547
TP:139.597
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EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY
- Currently there is an UP SIDE BIAS for EURJPY. XXXJPY CURRENCIES BUY very fast in previous weeks with JPY WEAK after BOJ MEETING. Somehow it is being RECOVERED again. MARKET RISK is still ON. VIX is going DOWN, XXXJPY CURRENCIES SHOULD BE BUY FAST NOW.
- Some NEWS coming for the USD will help strengthen the EURO. Because the reason for that is because the NEWS related to USD is quite weak and USD has got a weak SENTIMENT. But in the future, if the RATE HIKE SENTIMENT is PRICED by the ECB, EURO may be BUY more.
For that, the support of EURO STOCKS and VIX must be received. We have no more confirmation that the EURO is likely to be WEAK.
EURJPY can be SELL at 140.104 level before BUY. After that you can BUY at 147.15 LEVEL. If the MAIN STRUCTURES BREAK anyway, the EURJPY price can definitely be BUY at 147.15 LEVELS.
#EURJPY- LONG EXPECTING CLEAN MOVE-Due to weaker DXY, JPY dominated the last few days, price have dropped significantly, however. expecting bullish pattern to occur on DXY and that will help JPY pairs to fill up the liquidity voided area.
-As it described on the chart that price may come down to 137.60 region to retest that area and then bounce from there, however, it may not come down to that region and just continue the bullish momentum from today's close.
-Long term view on EURJPY is bearish, in our opinion price have significantly shown bullish impulse and has taken price to an extreme and exhausted level, longer term it should come down to 130.
-What you all think?
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW
⚠️ EUR DATA OUTLOOK IN THIS WEEK
⛔️ ZEW ECONOMIC SENTIMENT DATA, a very important DATA for the EURO, is scheduled to be released on Tuesday. Also, GERMANY CPI DATA is scheduled to be released. Be careful about that DATA.
⛔️ EUR CPI DATA to be released on Wednesday. Depending on the nature of that DATA, it will definitely affect the EURO on Friday's speech by the ECB PRESIDENT. CPI DATA POSITIVE WILL IMPACT EURO VERY STRONGLY.
⛔️ The ECB PRESIDENT is scheduled to deliver two speeches on Thursday and Friday. Pay attention to it.
⛔️ Pay attention to what he says about EURO INFLATION and INTEREST RATES. You can get SHORT TERM ENTRIES. If those COMMENTS are POSITIVE, they will definitely affect the EURO in a POSITIVE way.
⛔️ Also keep an eye on GERMANY PPI DATA on Friday with CPI DATA and ECB PRESIDENT's speech likely.
⚠️ JPY DATA OUTLOOK IN THIS WEEK.
⛔️ PPI DATA is scheduled to be released on Monday. It will provide some support for the BOJ MEETING on Wednesday.
⛔️ Very important for JPY on Wednesday this week. The BOJ MONETARY POLICY STATEMENT is scheduled to be released. There you should pay attention to whether there is any mention of whether the BOJ is coming out of NEGATIVE INTEREST DATA.
⛔️ CORE CPI Y/Y DATA TO JPY TO BE RELEASED ON FRIDAY. If the BOJ OUTLOOK becomes POSITIVE and the DATA supports it, the JPY may go up slightly for that day.
🔰 Most likely, the PRICE can fall to the 135 LEVEL. After that, the PRICE can move up to 143 LEVEL. 🔰
EurJpy- Bulls need 139.50 zone intactJpy has started the year very weak and, in EurJpy's case, reversed strongly from 137.50 support( visible on the daily chart).
After breaking above 141.50 resistance on Monday, the pair continued its rise and reached the very important resistance zone from 143.
An immense 250 pips drop followed this rise yesterday, and the pair is trading now at 140
Considering the strong reversal from the bottom, I maintain my idea that a resumption of the long-term trend is possible, and for this scenario to remain intact bulls need to stay above 139.50 support
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY
- Currently there is an UP SIDE BIAS for EURJPY. XXXJPY CURRENCIES BUYED VERY FAST IN THE PREVIOUS WEEKS WITH JPY WEAK AFTER THE INTERVENTION. Somehow it is being RECOVERED again. MARKET RISK is still ON. VIX is going DOWN, XXXJPY CURRENCIES SHOULD BE BUY FAST NOW.
- Some NEWS coming for the USD will help strengthen the EURO. Because the reason for that is because the NEWS related to USD is quite weak and USD has got a weak SENTIMENT. But in the future, if the RATE HIKE SENTIMENT is PRICED by the ECB, EURO may be BUY more. For that, the support of EURO STOCKS and VIX must be received. We have no more confirmation that the EURO is likely to be WEAK.
EURJPY can sell at 138.844 level before BUY. After that you can BUY at 147.15 LEVEL. If the MAIN STRUCTURES BREAK anyway, the EURJPY price can definitely be BUY at 147.15 LEVELS.
EURJPY top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY
- Currently there is an UP SIDE BIAS for EURJPY. XXXJPY CURRENCIES BUYED VERY FAST IN THE PREVIOUS WEEKS WITH JPY WEAK AFTER THE INTERVENTION. Somehow it is being RECOVERED again. MARKET RISK is still ON. VIX is going DOWN, XXXJPY CURRENCIES SHOULD BE BUY FAST NOW.
- Some NEWS coming for the USD will help strengthen the EURO. Because the reason for that is because the NEWS related to USD is quite weak and USD has got a weak SENTIMENT. But in the future, if the RATE HIKE SENTIMENT is PRICED by the ECB, EURO may be BUY more. For that, the support of EURO STOCKS and VIX must be received. We have no more confirmation that the EURO is likely to be WEAK.
EURJPY can sell at 143.02 level before buying. After that you can BUY at 148.156 LEVEL. If the MAIN STRUCTURES BREAK anyway, EURJPY price can definitely be BUY at 147.137 LEVELS.
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY
- Currently there is an UP SIDE BIAS for EURJPY. XXXJPY CURRENCIES BUYED VERY FAST IN THE PREVIOUS WEEKS WITH JPY WEAK AFTER THE INTERVENTION. Somehow it is being RECOVERED again. MARKET RISK is still ON. VIX is going DOWN, XXXJPY CURRENCIES SHOULD BE BUY FAST NOW.
- Some NEWS coming for the USD will help strengthen the EURO. Because the reason for that is because the NEWS related to USD is quite weak and USD has got a weak SENTIMENT. But in the future, if the RATE HIKE SENTIMENT is PRICED by the ECB, EURO may be BUY more. For that, the support of EURO STOCKS and VIX must be received. We have no more confirmation that the EURO is likely to be WEAK.
EURJPY can sell at 142.544 level before BUY. After that you can BUY at 147.137 LEVEL. If the MAIN STRUCTURES BREAK anyway, EURJPY price can definitely be BUY at 147.137 LEVELS.
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY
- Currently there is an UP SIDE BIAS for EURJPY. XXXJPY CURRENCIES BUYED VERY FAST IN THE PREVIOUS WEEKS WITH JPY WEAK AFTER THE INTERVENTION. Somehow it is being RECOVERED again. MARKET RISK is still ON. VIX is going DOWN, XXXJPY CURRENCIES SHOULD BE BUY FAST NOW.
- Some NEWS coming for the USD will help strengthen the EURO. Because the reason for that is because the NEWS related to USD is quite weak and USD has got a weak SENTIMENT. But in the future, if the RATE HIKE SENTIMENT is PRICED by the ECB, EURO may be BUY more. For that, the support of EURO STOCKS and VIX must be received. We have no more confirmation that the EURO is likely to be WEAK.
EURJPY can sell at 141.070 level before BUY. After that you can BUY at 150.00 LEVEL. If the MAIN STRUCTURES BREAK anyway, EURJPY price can definitely be BUY at 147.00 LEVELS.
EURJPY Top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
20 reasons for Sell EURJPY 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1 ✨Eagle eye: Multi years Sideways market current candle bullish and tao upper side resistance
2 📆Monthly: Rejected by monthly Resistance, and the current candle is Bearish
3 📅Weekly: Clear Up trend, but the price is Corrective phase now
4 🕛Daily: structural bear toward FVG or Ob
😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: Bear
6: 2 Pattern Candle Chart: Big Doji /higher low lower low
7: 3 Volume: good Volume at selling candles
8: 4 Momentum UNCONVENTIONAL Rsi: Sideways
9: 5 Volatility measure Bollinger bands: Below middle band bearish w type formation
10: 6 Strength ADX: strength in for bearish side
11: 7 Sentiment ROC: Currently, JPY perform well against Eur
✔️ Entry Time Frame: H4
12: Entry TF Structure: Bear
13: entry move: Impulse
14: Support resistance base: rejected at previous Resistance
15: FIB: Done trigger event
☑️ final comments: Sell right now
16: 💡decision: Sell
17: 🚀Entry: 144
18: ✋Stop losel:145.2
19: 🎯Take profit:140.8
20: 😊Risk to reward Ratio:1:3.5
🕛 Excepted Duration:5 days
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY
- Currently there is an UP SIDE BIAS for EURJPY. XXXJPY CURRENCIES BUYED VERY FAST IN THE PREVIOUS WEEKS WITH JPY WEAK AFTER THE INTERVENTION. Somehow it is being RECOVERED again. MARKET RISK is still ON. VIX is going DOWN, XXXJPY CURRENCIES SHOULD BE BUY FAST NOW.
- Some NEWS coming for the USD will help strengthen the EURO. Because the reason for that is because the NEWS related to USD is quite weak and USD has got a weak SENTIMENT. But in the future, if the RATE HIKE SENTIMENT is PRICED by the ECB, EURO may be BUY more. For that, the support of EURO STOCKS and VIX must be received. We have no more confirmation that the EURO is likely to be WEAK.
EURJPY can be SELL at 145.56 level before BUY. After that you can BUY at 152.00 LEVEL. If the MAIN STRUCTURES BREAK anyway, EURJPY can definitely buy at 150-151 LEVELS.
EURJPY Next Possible Move#EURJPY ( Euro / Japanese Yen )
- Following BEARISH CHANNEL as a Corrective Pattern in Long Time Frame #LTF
- Rejecting from the Lower Trend Line #LTL and can possibly Reject from the DEMAND ZONE
- RSING WEDGE Pattern in Short Time Frame #STF Buy if Breaks the Upper Trend Line #UTL and Sell in Breaks the Lower Trend Line #LTL
- Selling Divergence
EURJPY - FUNDAMENTAL AND TECHNICAL VIEW#EURJPY
- Currently there is an UP SIDE BIAS for EURJPY. XXXJPY CURRENCIES BUYED VERY FAST IN THE PREVIOUS WEEKS WITH JPY WEAK AFTER THE INTERVENTION. Somehow it is being RECOVERED again. MARKET RISK is still ON. VIX is going DOWN, XXXJPY CURRENCIES SHOULD BE BUY FAST NOW.
- Some NEWS coming for the USD will help strengthen the EURO. Because the reason for that is because the NEWS related to USD is quite weak and USD has got a weak SENTIMENT. But in the future, if the RATE HIKE SENTIMENT is PRICED by the ECB, EURO may be BUY more. For that, the support of EURO STOCKS and VIX must be received. We have no more confirmation that the EURO is likely to be WEAK.
EURJPY can be SELL at 143.195 level before BUY. After that you can BUY at 151.00 LEVEL. Anyway, if MAIN STRUCTURES BREAK, EURJPY price can definitely BUY at 151 LEVEL.