+300/+500 pips EURJPY Swing Trade Setup H4 TF๐ EURJPY Market Update H4 chart
๐ Technical Outlook
๐ธtrading in well defined range
๐ธShort-term: BULLS final pump
๐ธMid-term: BEARS 158.00
๐ธStatus: REVERSAL from S/R
๐ธ163.50/165.00 heavy resistances
๐ธ158.00/156.00 key s/r zones below
๐ธPrice Target Bears: 158
๐ธPrice Target BULLS: 1140/1160
๐ธstrategy: SHORT SELL 163.50
๐ธSL 75 pips TP1 +300 pips TP2 +500 pips
๐ธswing trade setup for patient traders
๐ Forex Market Update (April 23, 2025)
๐ช๐บ EUR/USD
๐ Price: ~1.1380
๐ช Pressure from strong USD
๐ป Weak German PMI; ECB may cut rates
โ ๏ธ Key Levels: Support 1.1300 | Resistance 1.1400
๐ฌ๐ง GBP/USD
๐ Price: ~1.3300 (Down from 7-month high at 1.3424)
๐บ๐ธ USD rebound on Trump's comments
๐ฆ Market cautious on BoE policy
โ ๏ธ Key Levels: Support 1.3280 | Resistance 1.3420
๐บ๐ธ DXY (US Dollar Index)
๐ Price: 99.18 (Recovering from recent low 97.92)
๐ฃ๏ธ Boosted by Trump reassurance on Fed leadership
โ ๏ธ Remains pressured by trade tensions & Fed concerns
๐ Key Levels: Support 95, 90 | Resistance 101, 107
๐ Market Volatility Alert: Watch for geopolitical updates & central bank news closely!
EURJPY trade ideas
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 160.922โ160.680 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 162.3โ162.5 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 --- bullish or bearish detailed analysis EURJPY is currently offering a high-conviction long opportunity as the pair completes a classic falling wedge breakout pattern on the daily timeframe. Price is now trading around 162.45 and has just broken out of a well-defined descending trendline, validating the bullish momentum shift. With the recent higher low formation and the wedge breakout confirming bullish market structure, the next leg toward the 167.36 zone is on the table, aligning with a clean resistance level and historical price reaction zone.
Fundamentally, the Euro is underpinned by the ECBโs cautious stance on rate cuts, as inflation in the Eurozone remains above the 2% target. Meanwhile, the Japanese Yen continues to weaken amid growing divergence between the Bank of Japanโs ultra-loose monetary policy and other global central banks maintaining relatively tight conditions. BoJโs reluctance to tighten, combined with consistent intervention threats, hasnโt been enough to halt the Yenโs decline, making EURJPY an attractive long in the current macro backdrop.
Technicals align perfectly hereโafter a solid rally from the wedge bottom, EURJPY consolidated in a descending channel and has now broken out for a second time, repeating a bullish continuation pattern. The structure remains clean with clear invalidation below 161.26, offering a strong reward-to-risk ratio on continuation toward 167+. The multiple confluences of trendline breakouts, bullish market structure, and macro divergence make this a premium swing setup.
Highly searched keywords like โEURJPY breakout,โ โfalling wedge pattern,โ and โJPY weaknessโ will drive additional traffic to this idea. With both price action and fundamentals in sync, this trade idea is structured to maximize upside potential while keeping risk controlled. A clean, strategic long setup that reflects disciplined execution and market awareness.
CHECK EURJPY ANALYSIS SIGNAL UPDATE > GO AND READ THE CAPTAINEntry Zone: Around 163.550 (highlighted in blue)โ
Stop Loss: Set at 163.800 (red zone above the entry)โ
Take Profit Targets:
Take Profit 1: Around 163.000โ
Take Profit 2: Around 162.750 (approximate middle green zone)โ
Last Target: 162.500โ
CHECK EURJPY ANALYSIS SIGNAL UPDATE > GO AND READ THE CAPTAINBaddy dears friends ๐๐ผ
EURJPY trading signals technical analysis satup๐๐ผ
I think now EURJPY ready for SELL trade EURJPY SELL zone
( TRADE SATUP) ๐๐ผ
ENTER POINT (162.450) to (162.400) ๐
First tp (162.200)๐
2nd tp (162.000)๐
Last target (161.800) ๐
stop loss (162.700)โ
Tachincal analysis satup
Fallow risk management
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.
๐ My strategy:
Iโm 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.
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.
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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
EURJPY 4H DESCNDING TRIANGLEFundamentals have been heavily influenced but regardless I'm seeing what looks like a desending triangle on the 4H. As always this pattern is a neutral pattern and can breakout to either side. Price has already broken below the support indicating a possible move to the downside so we should be seeing sells IF this is valid
GOLDMASTER1| EURJPY ANALYSIS BREAKDOWN---
๐ 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.
๐ Always consider risk management and check your setups before executing any trades.
GOLDMASTER1---
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!
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.
โโโโโโโโโโโ
WISH YOU ALL LUCK
EUR/JPY Technical Outlook: Demand Zone Bounce Sets Up RallyGood Morning Traders,
Trust you are good.
Below is my analysis of the EURJPY pair.
Overview
Price is currently at 161.243, showing signs of a bullish rebound following a sharp drop. A clear bullish structure is forming, characterized by higher lows and a breakout from a recent consolidation zone. The demand zone between 160.900 and 161.100 has held strong, acting as a reliable support level.
Idea
A recent bullish impulse broke above minor resistance, followed by a healthy retracement into the demand zoneโshaping a potential bullish flag or continuation pattern. This retracement aligns with the 50% Fibonacci level, providing added confluence for a continuation to the upside.
The projected target is 164.174, a level likely to contain buy-side liquidity and act as a magnet for price in the short term.
Conclusion
Despite macro uncertainty due to ongoing trade tensions, recent news of a 90-day tariff pause from Trump has eased some pressure, allowing the EUR to show resilience. As a result, EUR/JPY may continue its bullish push toward the 164.174 target. However, a break below 160.245 would invalidate this outlook.
Cheers and happy trading!
7 Reasons To Think About Before You Buy This Forex PairIn this article am going to show a candlestick pattern.
Candlestick Patterns are forward looking indicators.
This means it will show you signal before the Rocket Booster Strategy clicks.
The ๐ Rocket Booster Strategy is a common technical analysis signal.
Because it's a very simple one to show you trends.
When you look at this chart you will notice:
๐ The price is above the 50 EMA
๐The price is above the 200 EMA
๐The Candlestick Pattern Is A Bullish Harami
โIn this case the EMA's have not crossed.
โIn this case the price has not gapped up.
Even though,
โ
A Bullish Reversal Candlestick Pattern has formed called " Bullish Harami"
โ
The price is above both moving averages.
This goes to show you that the rocket booster strategy is not perfect.
If you want to see what happens then enter a buy signal on your simulation trading account.
Trade safe.
Rocket boost this content to learn more.
Disclaimer โ ๏ธ Trading is risky please learn risk management and profit taking strategies.Also use a simulation trading account before you use real money.
CHECK EURJPY ANALYSIS SIGNAL UPDATE > GO AND READ THE CAPTAINBaddy dears friends ๐๐ผ
EURJPY trading signals technical analysis satup๐๐ผ
I think now EURJPY ready for SELL trade EURJPY SEEL zone
( TRADE SATUP) ๐๐ผ
ENTER POINT (162.300)to (161.400) ๐
First tp (162.000)๐
2nd tp (161.600)๐
Last target (161.200) ๐
stop loss (162.800)โ
Tachincal analysis satup
Fallow risk management
CHECK EURJPY ANALYSIS SIGNAL UPDATE > GO AND READ THE CAPTAINBaddy dears friends ๐๐ผ
EURJPY trading signals technical analysis satup๐๐ผ
I think now EURJPY ready for SELL trade EURJPY SEEL zone
( TRADE SATUP) ๐๐ผ
ENTER POINT (161.600)to (161.500) ๐
First tp (161.900)๐
2nd tp (162.200)๐
Last target (162.500) ๐
stop loss (161.100)โ
Tachincal analysis satup
Fallow risk management
EUR_JPY RESISTANCE AHEAD|SHORT|
โ
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
SHORT๐ฅ
โ
Like and subscribe to never miss a new idea!โ
โจโจ
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 ๐๐ผ
EURJPY trading signals technical analysis satup๐๐ผ
I think now EURJPY ready for SELL trade EURJPY SELL zone
( TRADE SATUP) ๐๐ผ
ENTER POINT (163.500) to (163.400) ๐
First tp (163.100)๐
2nd tp (162.500)๐
Last target (162.100) ๐
stop loss (164.000)โ
Tachincal analysis satup
Fallow risk management
EUR/JPY Technical Outlook: Poised for Breakout Above 162.60The EUR/JPY trades higher ahead of ECB monetary policy today. It hits an intraday high of 162.57 and is currently trading around 162.45. The intraday outlook is bullish as long as the support 161.50 holds.
Technical Analysis:
The EUR/JPY pair is trading above 34, below 55 EMA and 200-4H EMA in the 15 min chart.
๏ทNear-Term Resistance:ย Around 162.60 a breakout here could lead to targets at 163/163.30/164.20/165/166.65/167.
๏ทImmediate Support:ย At 162 if breached, the pair could fall to 161.50/161/160.50/160/ 159.25/158.85/158.25.
Indicator Analysis 1-hour chart):
๏ทCCI (50): Bullish
๏ทAverage Directional Movement Index: Bullish
Overall, the indicators suggest the bullish trend
Trading Recommendation:
It is good to buy on dips around 162.38-40 with stop loss at 162.750 for a TP of 164.18.