EUR_JPY RESISTANCE AHEAD|SHORT|
✅EUR_JPY is going up to retest
A horizontal resistance of 166.656
Which makes me locally bearish biased
And I think that we will see a pullback
And a move down from the level
Towards the target below at 165.000
SHORT🔥
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Eurjpy!
EUR-JPY Bullish Breakout! Buy!
Hello,Traders!
EUR-JPY is trading in an
Uptrend an the pair made a
Bullish breakout of the key
Horizontal level of 165.000
Which is confirmed so after
A a potential pullback we will
Be expecting a further
Bullish continuation
Buy!
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Check out other forecasts below too!
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EURJPY SHORT FORECAST Q2 W24 D10 Y25EURJPY SHORT FORECAST Q2 W24 D10 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today! 👀
💡Here are some trade confluences📝
✅Weekly 50 EMA target
✅15' Order block identification
✅Daily Order block rejection
✅Ultimate high short
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
EURJPY Technical Breakdown (MMC Strategy) : Target Zone 🧠 Concept Focus: MMC – Mirror Market Concept
The Mirror Market Concept (MMC) helps identify pattern inversions, price reflection zones, and structural symmetry that hint at upcoming market turns. This chart reflects a curve-based reversal logic rooted in smart money behavior, volume analysis, and pattern exhaustion.
📊 Technical Structure Breakdown
🔹 1. Volume Contraction + Breakout (June 6–7)
Early signs of bullish pressure were detected with volume contraction, forming a tight range wedge/triangle.
This is often a liquidity trap where weak hands sell into strength.
Smart money absorbed sell-side liquidity before impulsively breaking out.
This is a common MMC move: contract > trap > expand.
🔹 2. 50% Area Used – Smart Money Trap (June 9)
After the breakout, price tapped into the 50% equilibrium zone of the previous major move.
This level often acts as a liquidity sweep zone, ideal for smart money to unload or build counter positions.
The rejection wick here confirms that institutional traders reacted at this level.
🔹 3. Curve Bending Pattern – Exhaustion in Play
The market has now entered a curve bending phase, visible with the arching price movement.
This signifies momentum exhaustion, where bullish attempts get weaker.
Think of this curve like a mirror ceiling — as each high gets tapped, it bends, showing the market can't sustain higher levels.
🔹 4. Next Reversal Zone (Projected Target: ~164.150–164.200)
Based on MMC symmetry and previous demand zones, the area highlighted as Next Reversal is a key structure zone.
This is where we expect price to react — either bounce (for buyers) or break (for continuation shorts).
A clean bounce here could mirror the earlier pattern in reverse, hence the Mirror Market Concept.
🔁 Summary of Market Psychology
🧲 Volume contraction signals manipulation.
🎯 50% zone rejection shows trap completion.
🪞 Curve bending shows buyers losing strength.
🔻 Price likely to drop into the reversal zone, completing the mirror leg.
🧩 What Traders Should Watch
Indicator/Zone Notes
50% Area Used Smart Money Exit or Entry Trap
Curve Bending Reversal Geometry (Momentum Exhaustion)
Next Reversal Zone Smart Money Demand Zone (~164.150)
Break Below 164.100 Confirms deeper bearish continuation
🎯 Trading Strategy Outlook
🔍 Short Bias: Look for confirmation (e.g., bearish engulfing, BOS on lower TFs) to enter shorts below curve zone.
🛑 Invalidation Level: Clean breakout above 165.500 would invalidate the mirror structure and shift to continuation long.
🎣 Reversal Scouting : If price respects the Next Reversal Zone, there could be a potential long scalp back into mid-range.
🧠 Educational Note: MMC in Action
The Mirror Market Concept is powerful for intraday trading. It uses pattern reflection, liquidity logic, and price symmetry to forecast reversals before typical indicators catch up. If mastered, this concept can give early reversal entries and trap avoidance.
EURJPY Tapped 4H Supply – Massive Drop Loading?EURJPY | 30-Min View with 4H CRT Zones
🔥 This is where Smart Money sharpens their blades…
🧊 New Confluence Just Dropped:
🔴 CRT 4H High Zone: 165.108–165.475
Price wicked right into the 4H Compression Reversal Top (CRT) — ideal Smart Money trap zone
This area aligns perfectly with the bearish OB/supply from previous screenshot
🔵 CRT 4H Low Zone: Around 164.630
Strong structure level where liquidity is sitting
Price respected it as temporary support before likely break-and-retest continuation
🔍 Price Action Logic:
✅ Price faked out above CRT 4H High, grabbing liquidity
✅ Immediate rejection candle with wick rejection signals institutional selling
🔁 Now price is retesting the mid-OB / lower CRT, likely forming a breaker pattern
🟥 Huge clean imbalance to the downside — marked by that juicy green TP box
🔽 Expectation: price fills inefficiency and heads to 163.378 minimum
🎯 Trade Parameters:
🔻 Entry Zone 165.100 – 165.397 (Red Supply / CRT High)
🛡 SL Above 165.475 (CRT 4H High)
🎯 TP Target 163.378 (bottom imbalance fill)
⚖️ RRR Over 1:4 potential — high precision entry zone
🧠 Chart Ninja Analysis:
“When CRT zones align with OBs and liquidity sweeps,
that’s a Smart Money feast waiting to happen.” – 🥷
This chart is a classic reversal blueprint. If you missed the first tap — wait for the retest. If this holds below CRT Low (164.630), expect full bearish momentum into midweek.
📊 Confirmation Tactics:
🔄 M15 bearish engulfing / shift in structure after tap into CRT
🔻 Break of 164.630 = confirmation of bearish intent
⏳ Optional: use FVG + volume spike as further entry triggers
🚨 Save this chart — it's one of those sniper moments where everything aligns!
EURJPY Bulls in Trouble? Massive Rejection Signals📉 Full Multi-Factor Analysis – EUR/JPY
🔍 1. Price Action
EUR/JPY strongly rejected the key supply zone between 164.80–165.50, aligned with a major static resistance.
Last week's breakout was invalidated by a clear bull trap, followed by a bearish engulfing candle.
Price broke below the ascending channel drawn since April and is now heading toward the 162.00 demand area.
The weekly RSI shows a bearish divergence, confirming a slowdown in momentum.
➡️ Technical Bias: Bearish toward 161.50–162.00, with a possible extension to 160.00.
💼 2. COT Data – Commitment of Traders
EUR Futures (CME)
Strong increase in commercial longs (+16,095) and non-commercial shorts (+4,830).
Suggests smart money is accumulating while retail/speculators are pressing shorts — potential accumulation, but no breakout yet.
JPY Futures
Significant rise in non-commercial shorts (+10,575), while long positions declined.
The yen remains pressured, but extreme positioning could fuel a reversal if sentiment flips.
➡️ COT Takeaway: Euro remains in bullish consolidation. Yen is heavily oversold — ripe for mean reversion. Caution warranted.
📊 3. Retail Sentiment
80% of retail traders are short from an average price of 160.46, while price now sits at 164.86.
The crowd is deep in drawdown — a typical condition for short-term consolidations or fakeouts before reversals.
➡️ Implication: Price may hover around 164+ to trap remaining retail shorts before unwinding.
📈 4. Seasonality
June seasonality for EUR/JPY is historically neutral to bearish.
Only the 5-year data shows strength, while 15Y and 20Y trends reveal consistent downside starting mid-June.
➡️ Seasonal Outlook: Adds further weight to a bearish correction scenario for the second half of the month.
✅ Actionable Summary
📌 Weekly Bias: Bearish
📉 Main Target: 162.00–161.50
📉 Extended Target: 160.00
📈 Invalidation: Weekly close above 165.60
🧠 Final Thoughts
All major elements — price action, COT, sentiment, and seasonality — point toward a corrective move on EUR/JPY.
Given the strong underlying trend and retail’s positioning, watch out for bull traps before deeper downside.
Best setup: Sell the pullback or wait for clean breakdown below 163.00.
EURJPY Supply Tap! Bearish Reaction Coming?EURJPY (30-Min) | Supply Zone Hit + Bearish Reversal Setup
This EURJPY move is brewing into a classic SMC bearish play — engineered liquidity run, supply zone reaction, and a projected melt to imbalance below. Let’s dissect the ninja logic 🧠📉
🔍 Breakdown of the Setup:
🟥 Supply / Order Block Zone
Price enters a strong bearish OB zone between 165.100–165.397
Previous rejection wicks in this zone = smart money sell interest
Price now testing that area again — potential for liquidity sweep + reversal
🟪 Multi-Zone Confluence
Multiple overlapping zones stacked: OB, mitigation block, and liquidity sweep area
Perfect spot for Smart Money to unload positions before sending price lower
📏 Risk-Reward Optimization
Entry near 165.100–165.397 zone
Stop Loss placed slightly above the last rejection wick (above 165.397)
Take Profit projected around 163.378 based on measured impulse leg and imbalance fill
🧠 Liquidity Narrative
The rally into supply is likely a buy-side liquidity hunt
Smart Money often drives price into key zones before triggering reversals
Price may wick above 165.171 to fake bulls before a strong sell-off
🧠 Chart Ninja Entry Plan:
🔻 Entry Zone 165.100 – 165.397 (Supply OB)
🛡 SL Above 165.450 (above wick / last structure high)
🎯 TP Target 163.378 (imbalanced fill target)
⚖️ RRR Approx. 1:4+ depending on entry precision
🥷 Chart Ninja Note:
“The trap is always set where the crowd feels the safest —
and that’s exactly where the ninja strikes.” 🥷📉
This setup could be a clean ride down if price reacts as expected. Confirmation entry = bearish engulfing on M15 or M30.
🔁 Bonus Observation:
You can see lower timeframes building internal liquidity, meaning we might get a sharp, volatile drop once that top wick finishes sweeping.
📍Mark this zone and set an alert — entry can trigger fast!
🔥 What’s your confirmation style — engulfing candle or breaker structure?
EURJPY Long opportunity at 164.250EURJPY currently has bullish market directionality and is on a retracement from the 165.000 level toward the break and retest zone at 164.250. on the 4 hour timeframe price is trading above the 50 SMA and is in the Bullish RSI zone above 55 below 70. The 164.250 price points lays in the sweet spot between 45-55 in the RSI which signals the potential end of the retracement and pivot back towards the bullish momentum. Looking to ride this long position back towards the 165.000 resistance level.
LONG | EUR/JPY | 1D Macro Context: With ECB neutral and BoJ dovish, EUR/JPY favored to drift upward slowly as Yen weakness persists.
Structure: In a long-term bullish channel and recently bounced off the 50‑day MA near 163.0–163.5 .
Trigger:
Entry: Long on pullback to 163.50–164.00.
Stop: 162.80 (below channel support & LVN).
Target: 166.70 (upper channel range) → 168.00 zone.
R:R: ~1:2.5.
Framework: Entry aligns with liquidity sweep and bounce off HVN/50MA, supported by Elliott/Elliott-wave count and broader bullish range.
EURJPY: Short Trade with Entry/SL/TP
EURJPY
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short EURJPY
Entry Point - 164.60
Stop Loss - 165.15
Take Profit - 163.56
Our Risk - 1%
Start protection of your profits from lower levels
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EURJPY Be ready to sell soon.Last time we looked at the EURJPY pair (February 26, see chart below), we gave a clear buy signal that wasted no time hitting straight our 162.250 Target:
With the Lower Highs trend-line now broken, a new pattern has emerged and that's a (blue) Channel Up. The current Bullish Leg is headed straight to the 8-month Resistance Zone, so we will be turning bearish there, targeting the 1D MA200 (orange trend-line) at 162.250.
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EURJPY: Well supported Channel Up aiming for 166.700.EURJPY is bullish on its 1D technical outlook (RSI = 58.535, MACD = 0.340, ADX = 24.438) and is staging right now a rebound on the 1D MA50. This comes only days after the 1D MA200 HL rebound tight at the bottom of the Channel Up. This is a great opportunity to buy and aim for the R1 level (TP = 166.700).
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ECB Rate Cut - EUR/JPY Trading ImpactThe European Central Bank (ECB) is expected to cut rates by 25 bps today, lowering the deposit rate to 2.00%. While this move is largely priced in, what matters for markets—especially EUR/JPY—is the forward guidance.
Relevance to EUR/JPY:
Rate Cut = EUR Bearish: Lower rates reduce euro appeal, especially vs. the yen, which is still heavily influenced by the Bank of Japan’s ultra-loose policy. A clear ECB dovish tone may weigh on EUR/JPY.
ECB Caution May Limit EUR Downside: If the ECB signals it's nearing the end of cuts or expresses concern over sticky inflation, it could support EUR. This would limit downside in EUR/JPY or even trigger a rebound.
BOJ Policy Still Ultra-Loose: Japan’s rates remain near zero, and unless the BOJ surprises with a hawkish shift (unlikely short term), EUR/JPY is more likely to react to ECB tone than BOJ policy.
Risk Sentiment Matters: EUR/JPY often tracks risk appetite. If markets interpret the ECB cut as growth-supportive, and global equities rise, EUR/JPY could hold firm or climb despite the rate cut.
Trading Implications
Dovish ECB = EUR/JPY downside, especially if markets price in more cuts.
"One-and-done" message = EUR/JPY support or slight upside.
Watch for BOJ comments or risk sentiment shifts to fine-tune positioning.
Could the price bounce from here?EUR/JPY has reacted off the pivot that lines up with the 38.2% Fibonacci retracement and could bounce to the 1st resistance.
Pivot: 162.99
1st Support: 162.19
1st Resistance: 164.17
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.
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EUR_JPY VERY RISKY LONG|
✅EUR_JPY is set to retest a
Local support level below at 162.900
After trading in a local downtrend for some time
Which makes a bullish rebound a likely scenario
With the target being a local resistance above at 163.112
LONG🚀
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EURJPY Technical Analysis! SELL!
My dear subscribers,
My technical analysis for EURJPY is below:
The price is coiling around a solid key level - 163.50
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 162.79
My Stop Loss - 163.85
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.
———————————
WISH YOU ALL LUCK
EURJPY: First red day, new monthly cycle!Hello everyone and welcome back to my channel! As always, my analysis are not a financial suggestion, neither a way to predict the market direction.
Predicting and guessing is quite 50/50, my job is hunting the best trade setup for the day, and my analysis are only a tool to identify a great risk reward and to align the setup with the overall thesis.
EURJPY, ended the month of May with an interesting signal, and I'm looking to potentially complete a two week Pump and dump, if it will setup correctly during the upcoming days.
Let's see it in depth, zooming into the previous week!
Monday, opening range of the week, the weekly boundaries are in place, long triggered in the market, starting the day with a pump before Asia session.
Tuesday, initial balance, the market pumped stronger higher, expanding the range, setting the currently weekly high low.
Long traders have been triggered for the second time, and the market closed in breakout. (Other time frames may be driving this move!)
Wednesday, midpoint range of the week, nothing really happened, the market stayed inside, up high into the weekly high, closing the day as an "inside" signal, which typically can be an interesting signal for explosive move.
Thursday, the weekly high has been broken for the third time, long traders are triggered one more time, and eventually (we don't know it certainly), volume can be trapped up high, and the market could shift soon. The breakout of the weekly high, looks like failed and we might start watching for a great reversal.
Friday, last trading day of the week and the month of May, placed a lower low (breaking in structure) and pumped back up inside the daily range, near the Thursday closing price, closing the week as a first red day.
FIRST RED DAY, typical is a reversal signal when it setup properly, but as per my experience and backtest, I don't have many templates where the market fall on Monday. It might happen because it is the first day of the new month and we can see interesting moves, but currently I do not see the setup for today, unless major red news on schedule at 10am NYT might be particularly volatile.
What am I looking for?
In order to validate this signal, I want to partecipate in a pump and dump scenario, setting up during the 3 session Asia, London and NY, not necessarily today, but until the signal will be valid.
Can this market go higher?
Absolutely yes, I repeat, I'm not Nostradamus ahah I do not use technical analysis to forecast, but only to research for the risk reward eventually I will position myself in the market.
I will update this post until FRD signal will be valid!
Gianni
As ECB Ready's "Final Cut", EJ "Begins Reversal"OANDA:EURJPY has began to potentially form a very strong Triple Reversal Pattern, The Head and Shoulders @ the Resistance Level lasted visited May 14th.
I say "potentially" because the "Right Shoulder" or recent Lower High has been created but we still wait for the final decline to the "Neckline" or Support Area formed by the Lows separating the "Head" from the "Shoulders" or Higher High from the Lower Highs in the pattern!
Signs of Potential Head & Shoulders:
1) Left Shoulder is an Oversold High
2) A Higher High is created at a level of Resistance
3) The Head not only has the Most Volume concentrated in the Pattern, but is also the start of the RSI Divergence from Price
4) Right Shoulder is formed and unable to surpass the Left Shoulder
..Bringing us to a very important tell..
5) Volume Decreases and logs a 3rd Divergent High in the RSI @ the creation of the Right Shoulder
Now we must WAIT for CONFIRMATION of the Pattern!
This will come when Price:
1) Declines to the Neckline
&
2) Makes Successful Breakout
Once the Head & Shoulders is Confirmed and Breakout is Validated:
- This could deliver great Short opportunities as a Head and Shoulders Breakout and Retest at the Neckline being the Last Line of Defense for the Bulls if Bears can push Price through and pick up Volume!
Fundamentally, BOJ Governor Kazuo Ueda will be speaking on Tuesday, June 3rd where we could see volatility come in for JPY.
The ECB is expected to cut rates by 25 bps from 2.4% to 2.15% on Thursday, June 5th and this could be the Last Cut we see the ECB plan to make until they see downside growth risks make more cuts likely.
EURJPY Weekly Analysis – Major Structural Breakout & Target🧱 1. Consolidation Zone: The Dual Directional Area
From around August 2024 to May 2025, EURJPY traded inside a well-defined consolidation range, marked between approximately 155.00 to 165.00. This phase can be categorized as a Dual Directional Zone, meaning both buyers and sellers had tactical entries, but the market was in accumulation/distribution mode.
This phase often traps breakout traders and builds liquidity on both sides.
Price repeatedly swept highs and lows inside this zone but lacked any commitment, signaling that larger players were building positions.
The flat structure over months hinted that a major move was imminent.
⚠️ 2. Major CHoCH (Change of Character)
The first clue of shifting momentum was the CHoCH, which signaled a change in direction and flow of control.
The lower highs and lower lows began to shift into higher lows, showing buying strength beneath the surface.
This change didn’t immediately lead to breakout, but it marked the early intention of bullish dominance.
🚀 3. Major BOS (Break of Structure): Confirming the Bullish Bias
The clean break above the range high was the confirmation of a major bullish BOS.
This wasn’t just a minor pop — it was an aggressive breakout, validating that institutional liquidity had been accumulated and was now being deployed.
The price ran swiftly toward the Bullish Target Zone (~177.50–180.00) with very little pullback, suggesting urgency from buyers or short-covering from trapped sellers.
🎯 4. Bullish Target Reached – What's Next?
Price has hit the projected Bullish Target Area — a region of prior imbalance and psychological round numbers.
Traders who caught the breakout now face a critical decision point: Will price continue higher into price discovery mode, or is this the exhaustion phase?
If price holds above the BOS level (~165.00), there’s still room for continuation. But signs of rejection or slowing momentum here could lead to a correction.
🔻 5. Bearish Alternative: Trap and Reversal Scenario
The bearish path is not out of play — in fact, this move upward could potentially be a liquidity sweep.
If price fails to stay above the BOS and rapidly closes back into the consolidation range, it would suggest a bull trap.
This would confirm a deviation, which often leads to violent reversals.
The projected Bearish Target Zone (~145.00–147.50) aligns with prior unmitigated zones and imbalance that may attract price if sentiment flips.
🧭 6. Trading Strategy & Risk Planning
For Bulls: Watch for consolidation above 165.00. Breakout + Retest entries toward 180.00 or beyond offer high R/R.
For Bears : Look for exhaustion or fakeout patterns (like a Quasimodo or supply engulfing) near current highs. A breakdown and close below 165.00 signals short entries targeting 150s and potentially 147s.
💬 Final Thoughts:
This chart is a prime example of how patience during a range and reaction after breakout pays off. Smart traders don’t chase — they prepare.
A bullish continuation may still be in play.
However, if this move was only a liquidity purge, the reversal could be deep and fast.
Stay alert, mark your key levels, and trade what you see — not what you feel.
EURJPY: Move Up Ahead! 🇪🇺🇯🇵
EURJPY is going to rise more after breaking
a resistance line of a tiny horizontal consolidation range
that was formed on a retest of a recently broken daily structure.
Goal - 164.8
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EURJPY: Important Breakout 🇪🇺🇯🇵
EURJPY broke a significant resistance cluster on a daily.
We see its retest now.
I think that the price will start rising from that and reach
at least 164.5 level.
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EURJPY: Bearish Continuation
Balance of buyers and sellers on the EURJPY pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
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