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EURJPY trade ideas

Trading Signals for EUR/JPY buy above 163.38 or sell blow 163.38Early in the American session, the EUR/JPY pair is trading around 163.200, below the downtrend channel formed on may 13 and showing signs of exhaustion. The euro could resume its bearish cycle in the coming hours. However, there is strong resistance around 163.836 and around 164.259. Both levels could act as a barrier to the euro. and after a technical rebound, it could resume its bearish cycle. If the euro falls below 162.815, we could expect it to continue falling, with targets at the 200 EMA around 162.261, and it could even reach the bottom of the downtrend channel around 161.089. The indicator is showing a negative signal, so any technical rebound will be seen as a signal to sell. The indicator also suggests that EUR/JPY could reach the psychological level of 158.280 in the short term.
Long
by CEO-PREMIUM-ANALYSIS
22
EURJPY : Bullish Breakout Indicates a Bigger MovementEURJPY: Bullish Breakout Indicates a Bigger Movement Yesterday, during the ECB rate decision, EURJPY broke out from a large bullish pattern. Actually, the price is testing the broken resistance, now turned into support. The price is already testing 164.20 and probably during the coming week EURJPY may start a bigger bullish movement with targets 164.15 and 165.60 You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by KlejdiCuni
10
EURJPY Range Breakdown Alert | Watch 146.348 If Support Breaks!EURJPY is currently trading inside a well-defined sideways consolidation between 164.430 resistance and 155.073 support. The pair is struggling to break above the resistance zone, and repeated rejections are pointing to a potential bearish move ahead. 📉 If we see a clean breakdown below 155.073 with volume confirmation, the next major support sits at 146.348. ⚠️ Always wait for confirmation before entering. Not financial advice – just a chart-based technical view.
by Smart_Trading_Strategy
2
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
Short
by GianniPichichero
3
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). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
2
EURJPY 4H Short Setup📘 Educational Caption for Your Trading Chat 🟥 EURJPY 4H Short Setup (Smart Money Strategy) I’ve entered a short on EURJPY from 163.884, following a solid Smart Money narrative — price respected a previous Order Block (O-B) and showed strong rejection after mitigating a supply zone. 📉 Entry: 163.884 🎯 Target: 162.657 🛡️ Stop Loss: 164.302 ⚖️ Risk-Reward: ~1:3 — a clean and high-probability setup The setup is based on a bearish Break of Structure (BOS) and a retracement into a premium zone. We’re now seeing reaction and rejection from the inefficiency (FVG), indicating a potential move back to demand. 🔔 Note: Entries like this require patience. Always let the trade play out — no rush. ⚠️ Disclaimer: This trade idea is shared for educational purposes only. Make sure to conduct your own analysis and manage your risk accordingly.
by sksglobaltraders24on
1
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. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
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. 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.
Long
by ICmarkets
EURJPY Followed ascending channel selling strong from resistanceOANDA:EURJPY Analysis – 4H Timeframe EURJPY has been respecting the ascending channel but is now showing strong bearish momentum after reacting from the key supply zone at 164.800. 🔻 Technical Targets: 1st Target: 164.000 2nd Target: 162.000 The setup suggests a potential short opportunity as price breaks structure and momentum shifts. Stay sharp! ⚡ ✅ Like | 💬 Comment | 🔔 Follow for more updates — By Livia 😜 #EURJPY #ForexTrading #TechnicalAnalysis #PriceAction #SupplyAndDemand #4HChart #TradingSetup
Short
by LIVIATRACK
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
Short
by AnabelSignals
1
EURJPYEUR/JPY Analysis: 10-Year Bond Yields, Interest Rate Differentials, UIP, and Carry Trade 1. Current Bond Yields and Interest Rate Differentials Eurozone 10-Year Yield: ~2.50% (Germany’s benchmark yield, down 3bps post-ECB rate cut) . Japan 10-Year Yield: ~1.45% (recently fell to a 3-week low amid strong bond auctions) . Yield Spread: 2.50% (EUR)−1.45% (JPY)=+1.05% The Eurozone’s higher bond yield provides a carry advantage for EUR. Policy Rate Differential: ECB Deposit Rate: 2.00% (cut by 25bps on June 5, 2025) . BoJ Rate: 0.50% (unchanged since March 2025) . Rate Spread: 2.00% (EUR)−0.50% (JPY)=+1.50% 2. Uncovered Interest Rate Parity (UIP) Theory: The EUR should depreciate against JPY to offset the +1.50% rate spread, eliminating arbitrage opportunities. Reality: UIP often fails due to risk premiums and market dynamics. Despite the Eurozone’s higher rates, EUR/JPY remains supported by carry trade demand and JPY weakness tied to BoJ policy. 3. Carry Trade Dynamics Mechanics: Borrow JPY (0.5% rate) to invest in EUR assets (2.0% rate), profiting from the +1.50% rate spread and +1.05% yield spread. Current Viability: Opportunity: The yield and rate differentials favor EUR, making the carry trade attractive. Risks: ECB Dovishness: Further rate cuts (markets price ~28% chance of a July cut) could narrow the spread. BoJ Policy Shifts: Japan’s Ministry of Finance may reduce long-term bond issuance to curb yields , while the BoJ continues tapering bond purchases , limiting JPY weakness. Trade Tensions: U.S. tariff policies cited by the ECB and BoJ could heighten volatility. Key Data for JPY (Japan) June 6: 2-Year JGB Auction: Yield at 0.691% (prev. 0.68%), signaling stable short-term debt demand. 3-Month Bill Auction: Reflects liquidity conditions and BoJ policy expectations. Bank Lending YoY: Steady growth indicates domestic credit demand. June 10: PPI YoY: 4.0% (prev. 4.2%), easing input price pressures but still above BoJ’s 2% target. June 11: Machine Tool Orders YoY: 7.7% (prev. 8.1%), indicating slowing industrial demand amid global trade risks. 4. Key Economic Context Eurozone: ECB cut rates to 2.00% but kept future easing options open, citing trade tensions and revised inflation forecasts (2.0% for 2025) . Japan: BoJ held rates at 0.5% in May 2025, slashing GDP growth forecasts (0.5% for FY2025) due to trade risks . Summary Table Metric Eurozone (EUR) Japan (JPY) 10-Year Bond Yield 2.50% 1.45% Policy Rate 2.00% 0.50% Yield/Rate Spread +1.05% (bond), +1.50% (policy) — Carry Trade Bias Bullish for EUR Bearish for JPY Key Risks ECB dovishness, trade tensions BoJ yield control, fiscal sustainability Conclusion EUR/JPY Outlook: Moderately bullish for EUR due to yield and rate advantages, but UIP suggests potential long-term EUR depreciation. Carry Trade: Profitable if ECB maintains rates and JPY remains weak, but monitor ECB guidance (July meeting) and BoJ bond issuance plans. Trade Strategy: Favor EUR longs on dips toward demand floor.
Long
by Shavyfxhub
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.
Short
by Novi_Fibonacci
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.
by TradeNation