Forex Zone - Forex Forum

EUR/JPY SIGNAL

Discussion started on Trading Signals

  • Hero Member
  • Posts: 527
  • Points: 9208
  • Likes Received: 18
  • Reputation: +0/-0
Eur / Jpy pair for the week closed bearish. But for the next week, it seems like I will focus on buying in the area of resistance to support (RBS) and the formation of small demands including (gray box). See, in painting a trendline I make sure there are reflections in the area of 109,500 to 109,600 with a target in the nearest supply 120,900 to 121,100. Our focus is just buy. 

Signal: 
Buy limit 109,500 
Stop loss 109,200 
Take profit 120,900 

Assumptions are in the supply area of 120,900 to 121,100 

The estimate is likely to run towards take profit 1 week to 2 weeks.

Linkback: https://www.forex.zone/trading-signals/23/eurjpy-signal/2876/
#1 - November 23, 2019, 01:58:26 AM
Attachments:

  • Hero Member
  • Posts: 1254
  • Points: 102
  • Likes Received: 174
  • Reputation: +70/-0
The price is below the daily pivot 119.93.
A small MA is below a large MA, the price is between the two MAs.
Estimated price will be bearish, but there will be a retrace first with the initial target of Support 1.
Possibility to penetrate up to Support 2.
#2 - November 25, 2019, 03:14:01 AM
Attachments:

  • Sr. Member
  • Posts: 257
  • Points: 0
  • Likes Received: 6
  • Reputation: +1/-0
EUR/JPY has the potential to rise to the price of 121,900 because it is supported by the AB = CD pattern on the H4 timeframe with a very beautiful shape. At the moment the price is still in the 119,000 area, and the market movement is still sideway, we are just waiting for a close at the current H4 candle and an open buy at the new H4 candle 

Signal recommendation: 
Buy at the new open candle H4 (119,300) 
Target at 121,900 price 
Stop loss at the price of 118,700
#3 - February 17, 2020, 03:59:09 AM
Attachments:

  • Sr. Member
  • Posts: 364
  • Points: 0
  • Likes Received: 8
  • Reputation: +2/-0
EURJPY I see a very good opportunity in the H4 timeframe, currently the EURJPY pair is forming an "INVERSE HEAD AND SHOULDER" pattern, this is good enough for traders who want to make transactions on this pair. This pattern has a fairly high accuracy of around 70%, for the target we can place it at 122,100 in the small flag limit area. Don't miss this moment. 

Signal Recommendations, 
Buy at the price of 119,900 
Target at 122,100 
Stop loss at the price of 119,200 

Good luck 
Happy Trading.
#4 - February 25, 2020, 01:35:18 PM
Attachments:

  • Hero Member
  • Posts: 9575
  • Points: 59
  • Likes Received: 728
  • Reputation: +10/-20
in my opinion the current strengthening of the EURJPY is only for a moment and will come back down later, the possibility of rising to the line that I made and then going down, so we just wait for the market to go up to the line and after there is a bearish candel in time frame h1 then it can immediately open sell , to target at least the lowest price on Friday.
#5 - March 03, 2020, 02:32:48 AM
Attachments:

  • Hero Member
  • Posts: 1007
  • Points: 435
  • Likes Received: 8
  • Reputation: +1/-3
in my opinion the current strengthening of the EURJPY is only for a moment and will come back down later, the possibility of rising to the line that I made and then going down, so we just wait for the market to go up to the line and after there is a bearish candel in time frame h1 then it can immediately open sell , to target at least the lowest price on Friday.
EURJPY ANALYSIS

EURJPY is experiencing a Bearish trend phase.
The price of 119.62 is now below the Moving Average Daily.
We observe the EURJPY chart currently moving from 120.55 to 119.43,
The CCI indicator is currently below the Zero Level (-100.82).
Meanwhile prices are under Parabolic SAR.
EURJPY in the last 24 hours formed a Range of 112 pips.

From market conditions and indicators above we can SELL with a target at 119.20.
#6 - March 04, 2020, 05:57:22 AM
Attachments:

  • Sr. Member
  • Posts: 252
  • Points: 65
  • Likes Received: 8
  • Reputation: +0/-0
Eurjpy, it's time we take a buy position, wait for a break in the 114.724 red line area and wait for the candlestick confirmation. For the target and stop loss according to taste
#7 - May 06, 2020, 07:41:33 PM
Attachments:

  • Sr. Member
  • Posts: 454
  • Points: 68
  • Likes Received: 44
  • Reputation: +4/-0
The current Eurojpy pair is likely to continue to go up because the trend is strong up, but also we have to wait patiently for the upward moment
 Buy 120.30
Target 120.77
Stop loss 120.00
#8 - June 25, 2020, 08:36:16 AM
Attachments:

  • Sr. Member
  • Posts: 454
  • Points: 68
  • Likes Received: 44
  • Reputation: +4/-0
The current Eurojpy pair is likely to continue to go up because the trend is strong up, but also we have to wait patiently for the upward moment
 Buy 120.07
Target 120.53
Stop loss 119.80
#9 - June 26, 2020, 03:59:22 AM
Attachments:

  • Hero Member
  • Posts: 850
  • Points: 0
  • Likes Received: 97
  • Reputation: +2/-2
EURJPY analysis
For the potential value of the EURJPY price, I judge there will be a fullback correction down to the 123.50 area

I hope to go down first before making a bullish trend scenario again.
The scenario that can be done is to do SELL.

Recommendation
SELL LIMIT: 124.20-124.40
Take profit: 123.60
Stop loss: 124.60
#10 - July 23, 2020, 07:24:12 AM
Attachments:

  • Hero Member
  • Posts: 9575
  • Points: 59
  • Likes Received: 728
  • Reputation: +10/-20
EURJPY is likely to go down, look for selling opportunities today with targets around the price of 123.38
#11 - July 24, 2020, 02:20:53 AM
Attachments:

  • Hero Member
  • Posts: 9575
  • Points: 59
  • Likes Received: 728
  • Reputation: +10/-20
EURJPY has successfully penetrated the support, possibly going down, the target is the demand area at the price of 123.47
#12 - October 14, 2020, 12:22:29 AM
Attachments:

  • Hero Member
  • Posts: 9575
  • Points: 59
  • Likes Received: 728
  • Reputation: +10/-20
EURJPY is likely to be corrected, buy now with the target at the price of 1.2287
#13 - October 28, 2020, 11:38:06 PM
Attachments:

  • Hero Member
  • Posts: 9575
  • Points: 59
  • Likes Received: 728
  • Reputation: +10/-20
EURJPY is saturated down, buy if it touches the demand area at the price of 123.15
#14 - November 18, 2020, 01:34:51 AM
Attachments:

  • Hero Member
  • Posts: 9575
  • Points: 59
  • Likes Received: 728
  • Reputation: +10/-20
EURJPY has broken support, sell now with a target of 100 pips.
#15 - November 26, 2020, 10:01:07 AM
Attachments:

Members:

0 Members and 1 Guest are viewing this topic.