EURJPY trade ideas
BUY EURJPY LONGGood day traders, hope you're having a profitable day, tune into this next move on EURJPY making a long, evident of a weak trend, a bullish pullback will occur before continuing downwards
Institutional Demand: EUR/JPY longsHey,
The second JPY pair on watch is EUR/JPY..
Very similar of course as the other ones.
Correlation is high and when a currency creates value, it's across the board.
Allowing us to either take more trades or have a higher prob. of getting an entry.
Not executed yet, waiting for 4-hour confirmation a little bit lower.
Kind regards,
Max Nieveld
EURJPY analysis elliot. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Just a day ahead plan for interesting areas for scalpsJust a day ahead plan for interesting areas, NO LTF confirmation NO entries
Good RR areas to look at
Heikin ashi for trailing and runners
EURO have potential to overperform vs alot of currencies if tariff risk gets repriced
information created and published doesn't constitute investment advice!
NOT financial advice
Strong Downtrend in EURJPY—Here’s My Trade Plan!In this video, we take a quick look at the EURJPY currency pair, which is currently in a strong downtrend. On the four-hour timeframe, we can clearly see lower highs and lower lows. However, price has now reached a key support zone on the weekly and daily timeframes. While my bias remains bearish, I’ll be watching for a retracement toward previous swing highs for a potential entry, as the pair is trading into a significant liquidity pool and is likely to react at this level. This is not financial advice.
EURJPY pullback sell , 100 pips signalsOur last signal on this pair went exactly as planned with 100 pips,
I'm expecting a pull back to the support before the bulls return
This trade could be affected by news
EURJPY longThere is a falling wedge reversal pattern
Deviation is present
Break of the previous lower high will trigger a buy.
LONG OPPORTUNITY SPECULATION RSI indicates oversold , could it be that buyers be stepping in any moment from now, price at support level, will the FVG form too ? Waiting!!!!
EURJPYOn EURJPY all timeframes in sync , at AOI , round number. Now just looking for a break of structure a new retracement or lower high to be formed and then a entry signal.
EURJPY - ShortPrice is moving in bearish trend with no bullish divergence.
Entry is at retracement at LH.
Long1.The Price has reached a major support level on the 2H timeframe.
2.The price moving sideways whithin the support zone.
3.The Jpy currency has reached the top line of a bullish pattern on the 15m timeframe, indicating a potential drop from this level.
EURJPY - Intraday forecast, Technical Analysis & Trading Ideas💡 H4: ShortTerm Forecast:
Price rejected from Downtrend and Sell Zone.
Sell Zone: 163.18 ~ 164.84
Forecast:
1- Correction wave toward the Sell Zone
2- Another Downward Impulse wave toward Lower TPs
SL: Above 164.84
💡 H1: Intraday Forecast:
The Uptrend is broken, and the price could start an impulse wave.
Sell Zone: 162.71 ~ 163.18
Forecast:
1- Correction wave toward the Sell Zone
2- Another Downward Impulse wave toward Lower TPs
SL: Above 163.18
EURJPYmonday will bring bank lending ,current account and economy watchers sentiment and wednesday will bring japanese M2 Money Stock y/y 1.3% 1.3% and Prelim Machine Tool Order.
Japanese machine tool orders serve as a leading indicator of industrial production because they represent capital investments made by manufacturers in anticipation of future production needs. An increase in machine tool orders typically signals an expectation of increased demand for their products in the coming months or years.
Here's how machine tool orders correlate with Japan's industrial production:
Economic Growth: The performance of the Japanese manufacturing industry, as reflected by machine tool orders, has a direct correlation with economic growth. Increased demand for machine tools indicates a thriving manufacturing sector, which in turn leads to greater job creation, higher wages, and increased consumer spending.
Manufacturing Activity: Machine tool orders reflect the level of investment and production in the country's manufacturing sector. As one of the world’s largest manufacturing powerhouses, Japan’s economic performance relies heavily on the success and growth of this sector.
Leading Indicator: Machine tool orders are considered a leading indicator because they represent capital investments made by manufacturers in anticipation of future production needs. When companies order new machine tools, it typically signals an expectation of increased demand for their products in the coming months or years.
Broader Economic Trends: The performance of machine tool orders can often be an early indicator of economic trends and future growth prospects. Superior machine tools are a crucial factor in manufacturing a wide range of machinery, so machine tools are viewed as having a critical presence far greater than their share alone would indicate.
A decline in machine tool orders can indicate a slowdown in economic growth, potentially resulting in negative effects on currency exchange rates
Several economic data releases could influence the EUR/JPY pair. Here's a breakdown of potential catalysts:
Eurozone Sentix Investor Confidence: On February 10, 2025, the Eurozone Sentix Investor Confidence data was released and the ECB President Lagarde Speaks.
ECB and BOJ Monetary Policy: Monetary policy decisions from both the European Central Bank (ECB) and the Bank of Japan (BOJ) significantly impact the EUR/JPY1. Keep an eye on any statements or policy changes from these central banks especially as big boss lagarde will speaks on monday.
Eurozone Inflation Trends: Inflation trends in the Eurozone can sway the EUR/JPY forecast.
Japanese Economic Data: Releases such as the Eco Watchers Survey and Bank Lending data out of Japan can also have an impact, ppi y/y( Producer Price Index (PPI), will be on the card this week as it measures Change in the price of goods sold by corporations
Global Risk Sentiment: Overall global risk sentiment influences the EUR/JPY.
Potential Scenarios to Watch For:
Divergent Monetary Policies: Divergent monetary policies between the ECB and BOJ could create tricky situations for EUR/JPY.
Yen Strength: Keep an eye on yen strength, as it can cause major JPY pairs to fall, including EUR/JPY.
Technical Levels: Watch key levels such as the 160.00 handle; holding below this level could indicate a bearish outlook, with a potential drop to 155.431 ,146.867-152,743.
please watch monthly chart and wait on 4hr for POE
EURJPY bearish scenarioEURJPY has the potential for a bigger pullback if we see a further decline initiated in the latter part of last year. The pair is already down 1,500 pips from last year's high. We have the H&S formation and are awaiting a break of the neckline for further decline. A possible target is 150.00, while the 140.00 level is less likely. A return above 170.00 puts us back on the bullish side and changes the scenario.
EURJPY LongEuro Yen Analysis
The pair is on a strong support line and on a fibonacci level; its expected to bounce back and be in the triangle shape it formed.
What are your technical and fundamental analysis on this pair?
EURJPY: Buy To Sell OpportunityDaily Swing Trend = Bearish
Daily Internal Trend = Bearish
Narrative
WE are pro-trend. We should be looking for sells!
Any Pullbacks into the supply zones should offer us a chance to enter the market.
4HRS
Swing Structure = Bearish
Internal Structure = Bearish.
We tapped into a 4HRS demand zone.
We expect a pullback from this zone
EUR_JPY TECHNICAL ANALYSIS|LONG|
✅EUR_JPY is about to retest a key structure level of 155.206
Which implies a high likelihood of a move up
As some market participants will be taking profit from short positions
While others will find this price level to be good for buying
So as usual we will have a chance to ride the wave of a bullish correction
LONG🚀
✅Like and subscribe to never miss a new idea!✅
EUR-JPY Strong Support Ahead! Buy!
Hello,Traders!
EUR-JPY is collapsing
In a strong local downtrend
And the pair is locally oversold
So after the price hits the
Horizontal support of 155.170
A local bullish rebound
Is to be expected
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Eurjpy should I sell ?I checked the pivot point app after the dashboard app said sell but I think it’s going up? 155.898 support and pivot point at 157.724
One support broke with 3 resistance lev we last up.
EUR/JPY HS on DAILY Possible dump on EUR/JPY HS on Daily. Trapped under higher time frame sellers. Could be a good short set up. Not financial advise. Never trade my set ups they will lose money.
