EurJpy- Ready to rise at 166?Since mid-March, EURJPY has been in a consolidation phase. Except for the early April spike down, the pair has respected a pretty clear range between the 161.00 support and the 163.30 resistance.
Now, however, EURJPY looks ready to break to the upside. A sustained price above 163.30 would confirm this breakout and open the door for bullish momentum.
🔍 My strategy:
I’m looking to buy dips, ideally around the 162.50 area.
If the price drops and breaks below 161, that would invalidate the setup.
On the upside, the first major target is the 166.00 resistance zone.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
EURJPY
If you are trading JPY, keep an eye on the Tokyo CPIs tomorrowTomorrow, the 25th of April, we are getting the Tokyo CPI figures, which are expected to come out on the higher side. That said, we are looking at the core YoY number, which has a relatively high forecast.
Let's dig in.
FX_IDC:AUDJPY
FX_IDC:USDJPY
FX_IDC:EURJPY
FX_IDC:GBPJPY
Let us know what you think in the comments below.
Thank you.
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EUR_JPY RESISTANCE AHEAD|SHORT|
✅EUR_JPY is going up now
But a strong resistance level is ahead at 164.870
Thus I am expecting a pullback
And a move down towards the target of 163.000
SHORT🔥
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
CHECK EURJPY ANALYSIS SIGNAL UPDATE > GO AND READ THE CAPTAINBaddy dears friends 👋🏼
EURJPY trading signals technical analysis satup👇🏼
I think now EURJPY ready for SELL trade EURJPY SELL zone
( TRADE SATUP) 👇🏼
ENTER POINT (163.500) to (163.400) 📊
First tp (163.100)📊
2nd tp (162.500)📊
Last target (162.100) 📊
stop loss (164.000)❌
Tachincal analysis satup
Fallow risk management
EURJPY Under Pressure! SELL!
My dear subscribers,
My technical analysis for EURJPY is below:
The price is coiling around a solid key level - 163.61
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 162.39
My Stop Loss - 164.06
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
EURJPY: Short Setup with Target Zones in FocusEURJPY outlines a clear W-X-Y corrective pattern. Wave (W) ended at 161.297 , followed by an upward corrective move in Wave (X), which topped at 162.665 with a classic ABC formation.
Currently, the price is hovering around 162.084, likely forming Wave B of the final Y leg. A brief move higher could complete this B wave before the pair resumes its decline toward the 160.922–160.680 area, which marks the projected end of Wave C of (Y).
The broader correction is framed by two descending blue trendlines, providing dynamic resistance and support, while a short-term red ascending trendline is currently holding the price action but may soon give way. If the price stalls or rejects around the 162.3–162.5 zone, it could signal the start of the next leg down, making it a potential setup for short positions. After the reversal from Wave Y, potential upside targets are 161.600, 162.500 , and 163.100 .
We will update it soon!
EURJPY Will Move Lower! Sell!
Take a look at our analysis for EURJPY.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 162.022.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 159.493 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
Mid Term Short on EURJPYIn the short term, I predict a bounce back to the trendline as we sweep some liquidity around this current location. If/When we break the 155 support, we will hit a minimum of 140 and even lower.
This is an idea. If you agree with the fundamentals of the chart you can follow my trade.
Short-term target with price reversal from 1.55
Target 1 - 159
Target 2 - 161.500 (I will look for a reversal and short from this location)
Price target with price breaking below 1.55 support zone
Short Term Target - 140
Mid Term Target - 135
+300/+500 pips EURJPY Swing Trade Setup H4 TF🏆 EURJPY Market Update H4 chart
📊 Technical Outlook
🔸trading in well defined range
🔸Short-term: BULLS final pump
🔸Mid-term: BEARS 158.00
🔸Status: REVERSAL from S/R
🔸163.50/165.00 heavy resistances
🔸158.00/156.00 key s/r zones below
🔸Price Target Bears: 158
🔸Price Target BULLS: 1140/1160
🔸strategy: SHORT SELL 163.50
🔸SL 75 pips TP1 +300 pips TP2 +500 pips
🔸swing trade setup for patient traders
📊 Forex Market Update (April 23, 2025)
🇪🇺 EUR/USD
📉 Price: ~1.1380
💪 Pressure from strong USD
🔻 Weak German PMI; ECB may cut rates
⚠️ Key Levels: Support 1.1300 | Resistance 1.1400
🇬🇧 GBP/USD
📉 Price: ~1.3300 (Down from 7-month high at 1.3424)
🇺🇸 USD rebound on Trump's comments
🏦 Market cautious on BoE policy
⚠️ Key Levels: Support 1.3280 | Resistance 1.3420
🇺🇸 DXY (US Dollar Index)
📈 Price: 99.18 (Recovering from recent low 97.92)
🗣️ Boosted by Trump reassurance on Fed leadership
⚠️ Remains pressured by trade tensions & Fed concerns
📌 Key Levels: Support 95, 90 | Resistance 101, 107
🔔 Market Volatility Alert: Watch for geopolitical updates & central bank news closely!
EUR/JPY BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
We are going long on the EUR/JPY with the target of 161.704 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
EURJPY Massive Long! BUY!
My dear friends,
EURJPY looks like it will make a good move, and here are the details:
The market is trading on 161.30 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 161.68
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
GOLDMASTER1| EURJPY ANALYSIS BREAKDOWN---
📉 MARKET ANALYSIS BREAKDOWN: EUR/JPY - BEARISH OUTLOOK
In this chart, we observe key points for a potential downward move in the USD/JPY pair:
1. Bearish Order Blocks: The highlighted regions indicate strong resistance areas where price could reverse to the downside, around 162.093 and 162.000.
2. Structure Shifts: We see a Change of Character (ChoCH) and Break of Structure (BOS) signaling a trend shift.
3. Equal Lows (EQL): The price seems to be reacting around these levels, with a potential for further downside.
4. Fair Value Gap (FVG): A possible target around 161.779 for price action to fill in.
5. Expecting a drop: Price is likely to move towards the lower levels of 161.368 and 161.003, as indicated by the chart projection.
📉 Always consider risk management and check your setups before executing any trades.
GOLDMASTER1---
Bearish reversal off pullback resistance?EUR/JPY is rising towards the pivot which has been identified as a pullback resistance and could drop to the 1st support.
Pivot: 163.11
1st Support: 161.32
1st Resistance: 164.01
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
GOLDMASTERS1 | EURJPY UPDATE ---
UPDATE: TARGET HIT ON EURJPY 15M
As anticipated, price respected the bullish order block, reacted perfectly after sweeping sell-side liquidity, and smashed into the target zone at the bearish order block.
CLEAN EXECUTION FROM ENTRY TO EXIT — TEXTBOOK SMC PLAY.
GOLDMASTER1---
GOLDMASTER1 | EURJPY 15M LONG---
EURJPY SETUP - SMART MONEY CONCEPTS (SMC) ANALYSIS
Price is currently ranging above a clear Fair Value Gap (FVG) and sitting near a Bullish Order Block.
Liquidity is resting just below the range
Anticipating a liquidity sweep into the FVG zone
Ideal entry around 161.550–161.785 with confirmation
Targeting the Bearish Order Block near 162.575
This setup follows classic SMC principles — wait for price to fill the imbalance, tap into demand, and then push toward premium levels.
PLAN THE TRADE. LET THE MARKET COME TO YOU.
GOLDMASTER1---
EURJPY Will Collapse! SELL!
My dear subscribers,
This is my opinion on the EURJPY next move:
The instrument tests an important psychological level 162.22
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 161.99
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
EURJPY Hovers Near Mid-Range — Buyers Reload Below 162EURJPY DAILY TECHNICAL ANALYSIS 🎯
🧠 EURJPY Hovers Near Mid-Range — Buyers Aim to Reload Below 162
OVERALL TREND
📈 UPTREND — Price structure is forming higher pivot lows with rejection from the March 2024 lows. Bullish intent is sustained unless structure breaks below 153.16.
🔴RESISTANCE
🔴 175.428 — SELL STOPLOSS | PIVOT HIGH
🔴 175.046 — RESISTANCE (MAJOR)
🔴 174.327 → 172.100 — SELL ORDER RANGE
🔴 166.558 — RESISTANCE (MINOR)
🎯ENTRIES & TARGETS
🎯170.975 — BUY ORDER & TP 4
🎯166.924 — BUY ORDER & TP 3
🎯164.296 — BUY ORDER & TP 2 (MID PIVOT)
🎯160.511 — BUY ORDER & TP 1
🟢SUPPORT
🟢 156.830 — SUPPORT (PROXIMAL)
🟢 156.642 → 154.277 — BUY ORDER RANGE
🟢 154.837 — SUPPORT (MAJOR)
🟢 153.164 — BUY STOPLOSS | PIVOT LOW
📌STRUCTURAL NOTES
Price recently stalled beneath the 162.000 zone — consolidation here indicates indecision, but no structural break yet
Triple rejection noted between 160.51 → 166.92 range, with multiple higher lows beneath — suggesting accumulation
Sellers activated at 172.10 and 174.32 levels, both aligned with visible pivot highs
Mid Pivot at 164.296 is a key inflection point — watch for buyer-seller battle here
TRADE OUTLOOK 🔍
📈 Long bias maintained above 160.51 and especially if price confirms a bounce from 156.64 or 154.27 zones.
📉 Bearish momentum could resume if price fails to hold above 153.16, breaking the most recent pivot low.\
🏆 High reward setups exist between 154.27 → 160.51 for re-entry into the broader uptrend
🧪STRATEGY RECOMMENDATION
CONSERVATIVE SWING SETUP (Trend-Following):
— Buy Entry: 160.51
— TP Levels: 164.29 / 166.92 / 170.97
— SL: 153.16
AGGRESSIVE REVERSAL SCALP:
— Buy Zone: 154.27 or 156.64
— TP: 160.51 / 164.29
— SL: Below 153.16
“Discipline | Consistency | PAY-tience™”
Bullish bounce?EUR/JPY is falling towards the pivot which acts as an overlap support and could bounce to the 1st resistance which is also an overlap resistance.
Pivot: 160.89
1st Support: 159.93
1st Resistance: 162.23
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EURJPY Potential DownsidesHey Traders, in today's trading session we are monitoring EURJPY for a selling opportunity around 162.100 zone, EURJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 162.100 support and resistance area.
Trade safe, Joe.
EURJPY Is Very Bullish! Buy!
Please, check our technical outlook for EURJPY.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 162.005.
Considering the today's price action, probabilities will be high to see a movement to 163.310.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!