Get started

Euro / Japanese Yen

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

EURJPY trade ideas

EURJPY Buy SetupOur analysis is based on multi-timeframe top-down analysis & fundamental analysis. Based on our view the price will rise to the monthly level. DISCLAIMER: This analysis can change anytime without notice and is only for assisting traders in making independent investment decisions. Please note that this is a prediction, and I have no reason to act on it, and neither should you. Please support our analysis with a like or comment! Let’s master the market together. Please share your thoughts and encourage us to do more by liking this idea.
Long
by dkb14246
EURJPY Wave Analysis – 11 February 2025 - EURJPY reversed from the support area - Likely to rise to the resistance level 159.65 EURJPY currency pair recently reversed up from the support area located between the key support level 156.000 (which has been steadily reversing the price from August of 2024 as can be seen below) and the lower weekly Bollinger Band. The upward reversal from the support area stopped the previous weekly downward impulse wave (3) from last year. Given the strength of the support level 156.000, EURJPY currency pair can be expected to rise to the next resistance level 159.65 (the former weekly low from January).
Long
by FxProGlobal
1
EURJPYEUR/JPY – Short Fundamental Analysis 1. Context • European Central Bank (ECB) • Indications suggest potential easing (or at least a pause in hikes) starting around Q2 2025, as Eurozone growth remains moderate. • Inflation in the Eurozone has started to decline, though still slightly above the ECB’s long-term target. • Bank of Japan (BoJ) • Maintains ultra-loose monetary policy with near-zero interest rates. • Any minor adjustments (e.g., yield curve control tweaks) have not yet indicated a fundamental move toward tightening. • Eurozone Economy • Modest growth, with some Member States showing signs of manufacturing slowdown. • Weaker economic indicators could motivate the ECB to be more cautious or dovish, pressuring the euro. • Japanese Economy • Moderate GDP expansion; slightly higher inflation than traditional Japanese norms but still below levels seen in other major economies. • The yen remains under pressure against higher-yielding currencies, reflecting the ongoing rate gap. 2. COT Report Insights • EUR • Recent Commitments of Traders (COT) data show a mild shift toward increasing short positions on the euro, as some funds are betting on the ECB pivoting to a less hawkish or even dovish stance if growth falters. • JPY • Speculative accounts continue to hold notable net short positions on the yen, driven by the ultra-accommodative BoJ stance and relatively low yields. This keeps the yen structurally weak on a broad basis. 3. Potential Direction • Bias • Bullish for EUR/JPY on the premise of a significant interest rate differential: even if the ECB slows or pauses rate hikes, European rates remain higher compared to Japan’s near-zero levels. • Alternate Scenario • Any unexpected hawkish signals from the BoJ—like adjusting yield curve control more aggressively or hinting at rate hikes—could spark a corrective move downward in EUR/JPY. 4. Catalysts to Watch 1. ECB & BoJ Policy Statements • Any change in tone (e.g., the ECB turning more dovish than expected or the BoJ signaling normalization). 2. Eurozone Economic Data • PMI figures, inflation numbers, and GDP releases that influence the ECB’s policy path. 3. Japanese Indicators • Inflation and GDP reports; any sign the BoJ might step away from its ultra-loose policies. Disclaimer This analysis is provided for educational purposes only and does not represent trading advice. Financial markets can be volatile and carry significant risk. Always consult official sources and adapt your strategy to your risk profile before making trading decisions.
by SkylimitBreakPoint
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.
Short
by fxtraderanthony
6
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
Short
by ForecastCity
5