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Eurjpyshort

EURJPY sell limit order bearish setup Short trading setup for the EUR/JPY pair, driven by the ECB's cautious policy stance and bearish market sentiment towards the pair. The technical analysis highlights minor support at 158.00 and additional support at 157.00, providing a basis for the trade setup. Entry position at 158.50, with Take Profit levels set at 157.00 and 153.91, and a Stop Loss at 159.50. This setup aims for a favorable risk/reward ratio, targeting a more significant profit at Take Profit 2 while minimizing potential losses with a tight Stop Loss. entry point: Short position at 158.50 (anticipating a rise before a potential downward move given the bearish sentiment) Take Profit 1: 157.00 (near the identified support level) Take Profit 2: 153.91 (near the lower forecasted level for the end of 2023) Stop Loss: 159.50
Short
by Fexcat
EURJPY Analysis to trade from this zones.{25/12/2022}Educational Analysis says EURJPY may go SHORT. According to my technical. This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why SHORT? On the 1HR timeframe, the pair is making LOWER HIGH AND LOWER LOWS. I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS PRICE WILL RANGE (FROM 124 - 148) IN THIS ONLY IF THE COMING DAYS GO NORMAL WITHOUT ANY BAD NEWS INTERRUPTION HAPPENING. HOW TO TAKE ENTRY ON THIS? In 15 min timeframe, the pair changes its character and the price push toward also couple breaks the primary structure
by VishalBudhrani
EURJPY Comment downGeopolitical influences do not play a role in sustainably subsidizing the Yen. Yesterday the USD/JPY exchange rate once again approached the observation level of 150; Specifically, it reached 149.74, then decreased slightly back to 149.56. The Yen has recently been fluctuating around the observation threshold, currency investors in the market are still observing the actions of the Japanese Government. While many investors are still observing the market, many others determine that the Japanese Yen is in its 'weakest' stage and is 'bottom-fishing' for the Yen.
Short
by Chart_MasterPro
EURJPY Supply Areas for ShortsThe current trend is Bearish with a target at 156.700 The highlighted areas are Supporting the Bearish Trend -> 158.400 -> 158.000 -> 157.500 Any of these resistance areas can be retested to regain bearish momentum. First confirm that any of the mentioned resistances has been respected before leaping. The current area that is supporting the temporary bullish reversal is at 157.140. Since the trend is bearish, if price retests this area and it is accepted below, more SHORT opportunities can unveil below.
Short
by MusaTicker
4
EURJPY Long Term Selling Trading IdeaHello Traders In This Chart EURJPY HOURLY Forex Forecast By FOREX PLANET today EURJPY analysis 👆 🟢This Chart includes_ (EURJPY market update) 🟢What is The Next Opportunity on EURJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexPlanet20
2
EURJPY EW Analysis: Bearish OutlookThe EURJPY currency pair recently completed a 5-wave upward move, terminating at 159.773 . Now, it's in a corrective phase. In my analysis, the larger corrective wave A likely finished at 156.568 . Currently, the pair seems to be forming a contracting triangle as part of corrective Wave B, after which we expect a drop in wave C. Here's the key: If the price breaks below 157.380 , it confirms a bearish trend and we jump in, and if it drops further below 157.063 , it strengthens our bearish view for Wave C downward move. This analysis holds unless the price breaks the 158.452 price level to the upside. Our target price for the bearish move is 155.720 .
Short
by Samuel124
4
EurJpy- Close to a support breakIn my weekend analysis about Jpy crosses I said that we should keep a close eye on these pairs because, although UsdJpy is still in a strong up trend, cross pair may have topped. In EurJpy's case, yesterday the pair had a spike up, this spike was very short-lived lived and EurJpy reversed strongly and closed the day with a huge bearish engulfing. At this moment the pair is trading exactly in support zone and looks like pressing for a break. In such an instance, considering we had a month of range and distribution, we could see down acceleration, and the medium target could be 151.50. Interim support is at 154 and this level could also represent target for shorter-term traders.
Short
by Mihai_Iacob
19
EURJPY; Trade what you see, not what you think!(It is time to start a fresh EURJPY post - once again -, the previous one(s) having grown too long to remain practical.) The Weekly - With special attention to the two, most recent Hammers; The Daily - With it's completed H&S, including the neckline break; (All the visible patterns were also updated on these charts due to some earlier inaccuracies - misalignment - which snuck onto the previous versions of these charts - mostly on the higher time frames.) Actively looking for a SHORT Entry here! (if not Short, yet.)
by Nemo_Confidat
2
Eur/Jpy Selling on the back of EUR weaknessQ1-2023. High energy costs and elevated inflation are increasingly weighing on Eurozone real household disposable incomes, even if overall inflation pressures are not as broad-based as in some other major economies. In addition, disruptions to energy imports from Russia (oil and natural gas, both planned and unplanned) have the potential to further elevate energy prices or weigh more directly on production. To be sure, the starting point for Eurozone finances is quite sound, with nominal income growth largely keeping pace with inflation and the household saving rate still high by historical standards. But, as those supportive household finances begin to wane over time, we believe consumer spending will increasingly come under pressure. In addition, manufacturing activity could be impacted more directly by energy disruptions, and ta;ls pf U.S. recession could also weigh on the Eurozone economy. This could also force buyers into safe havens such as JPY, hence why we chose EURJPY to short. Sell Now: 138.990 TP: 137.260 Sl: 140.053 (110pips)
Short
by Elite_Forex