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EURJPY trade ideas

EUR/JPY: Brief Dip Before Bullish TrendHello, FX:EURJPY has potential to further test the daily support level, though it’s unlikely to fall below the strong 1D support at 163.129. Indicators suggest a brief decline followed by a longer-term upward trend within these levels. While confidence is mixed—with some optimistic and others cautious—overall alignment points towards a bullish outlook, with the monthly pivot point having acted as support. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
by TradeWithTheTrend3344
Heading into 50% Fibonacci resistance?EUR/JPY is rising towards the resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could drop from this level to our take profit. Entry: 164.90 Why we like it: There is an overlap resistance level that aligns with the 50% Fibonacci retracement. Stop loss: 166.21 Why we like it: There is a pullback resistance level. Take profit: 163.58 Why we like it: There is an overlap support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
EURJPY BullishBias Bullish Fundamental Analysis ECB is going to reduce interest rate as expected. However, EUR Fundamentals datas are still bullish align with COT data. However Index shown bearish bias. ECB will aim for better job data for now. BOJ decided to hold interest rate. BOJ is expecting higher inflation and spending as rising wage occurred. Fundamental datas is presenting bearish bias. BOJ will not take any action under new datas is out. Price Action: Price retrace back to support level. there was an rejection from Support level. It broke the H4 resistance level. As it show the continuation of bullish movement. Price expected to retest the broken resistance level. It consolidated and broke through. Set up: Long setup Broken resistance level of H4/H1 SL below swing low TP last swing high of R:R 1:3
Long
by royschen07
EURJPY Sellers In Panic! BUY! My dear followers, This is my opinion on the EURJPY next move: The asset is approaching an important pivot point 164.32 Bias - Bullish Safe Stop Loss - 163.70 Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 165.53 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
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