EURJPY ANALYSISFrom the previous trading day we see that the pair closed bullish and the 4hr and 1hr making HH and HL, which are confirmation of a bullish trend type move.
JPYEUR trade ideas
EUR/JPY Short Pair: EUR/JPY
Timeframe: 1H
Entry: Sell only below 166.680
Stop Loss: 167.230
Take Profit Targets: 165.500
Risk/Reward Ratio: ~2.2
This short trade setup on EUR/JPY (1H timeframe) is based on a potential breakdown of the ascending trendline that has been supporting recent bullish momentum. Price action shows signs of exhaustion near the 167.20 resistance area, with bearish divergence on the RSI and weakening MACD momentum. To maintain discipline and avoid premature entries, the trade will only be triggered if a new candle opens below 166.680, confirming a valid break of structure. The position will be protected with a stop loss at 167.230, above the recent high, while the take profit target is set at 165.500, offering a clean move back to previous support levels. This setup maintains a favorable risk/reward ratio of approximately 2.2, making it suitable for short-term swing traders seeking high-probability confirmation-based entries.
EURJPY Will Go Higher From Support! Buy!
Please, check our technical outlook for EURJPY.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 164.890.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 166.192 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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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EUR/JPYEUR/JPY has reached a key area of interest around the 166.600 level. How price reacts at this zone will guide my next trading decision.
If price breaks above this level with strong bullish momentum, I will be looking for a confirmed retest of the 166.600 area before considering long positions. I will also be monitoring for additional confluences, such as the formation of an inverted head and shoulders or a double bottom on the lower timeframes.
Conversely, if price rejects this level, I will shift my focus to potential short opportunities. In this case, I’ll look for confirmation through traditional reversal signals such as a head and shoulders pattern, double top formations, and a break of the current trendline.
I have marked key zones on my chart to observe how price behaves at these levels—specifically noting whether price approaches them with strong momentum and watching closely for reversal patterns that may indicate a shift in direction. EUR/JPY has now been added to my watchlist for active monitoring.
EURJPY Long Position EURJPY is currently in a bullish trend from a higher timeframe perspective with the potential for a further long opportunity at the end of the current retracement. On the 1 hour timeframe, EURJPY is trading above the 50 SMA and is approaching the 55 zone of the RSI indicating the end of the retracement and continuation of the bullish trend. addition confluences include the breakout level at 166,566 being tested and the the bullish trendline at play... Will be looking for an entry at 166,566 with stop loss below structure, riding the bullish trend towards the 167,190 resistance zone.
EURJPY✅ Trade Plan (Long Setup):
Entry 166.800
Stop Loss (SL) 166.600
Take Profit 1 (TP1) 167.200
Take Profit 2 (TP2) 167.430
shift stop to entry after TP1
EURJPY ANALYSISAfter seeing the previous weekly candle close bullish, and the daily and 4hr showing bullish structure and a continuation to the upside, a quick pullback is expected for this pair before a further long as the pair is currently at a HH area
EURJPY LONG FORECAST Q2 W25 D16 Y25EURJPY LONG FORECAST Q2 W25 D16 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
✅15' Order block identification
✅Daily Order block rejection
✅4H order block identification
🔑 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
EUR/JPY Approaching Key Sell Zone – Rising Wedge at Resistance
EUR/JPY is trading within a rising wedge formation and is now approaching a key resistance zone near 167.583. The current area is marked as a potential sell zone, especially as price nears the upper boundary of the wedge and key horizontal resistance.
A rejection from this area could lead to a corrective move toward the 165.363 or 164.419 support levels. However, a clean breakout above 167.583 would invalidate the short-term bearish scenario.
🔻 Sell Zone: 167.40 – 167.58
🔹 Target 1: 165.36
🔹 Target 2: 164.41
🔹 Pattern: Rising wedge
🔹 Timeframe: 4H
🔹 Bias: Bearish unless breakout confirmed
Forex Weekly Portfolio Selection – Top Trade SetupsWeekly Forex Portfolio Selection – H1 Chart Analysis
Using the Weekly & Daily Currency Strength Index, we’ve identified the strongest and weakest currencies to build a focused trading portfolio for the week.
📊 Currency Strength Ranking (1 = Weakest, 8 = Strongest):
EUR: 8
CHF: 7
CAD: 6
GBP: 5
AUD: 4
NZD: 3
USD: 2
JPY: 1
➡️ The Euro (EUR) is currently the strongest, while the Japanese Yen (JPY) is the weakest.
🔍 Analysed Pairs (H1 Timeframe):
EURJPY
EURUSD
CADJPY
GBPUSD
This selection focuses on high-probability setups aligned with trend and strength analysis.
EURJPY – Daily Chart selling zone alert |||||Price is approaching a major higher-timeframe supply zone near 168.000 – 172.000, an area historically respected by institutional sellers.
This zone aligns with a previous price rejection and a trendline resistance visible on a multi-year chart.
Expecting a possible liquidity grab into the zone followed by a sharp rejection.
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🧠 Smart Money Insight:
Possible SMC-style reaction anticipated:
Liquidity inducement above highs
Sharp rejection from seller zone
BOS (Break of Structure) for confirmation
Right-side inset illustration highlights expected distribution before drop.
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🔎 Key Technical Levels:
Supply Zone: 168.000 – 172.000
Current Price: 166.420
Target After Rejection: 150.000 – 148.000
Invalidation Above: 173.500
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🧩 Trading Plan:
Wait for price action confirmation in the supply zone.
Look for M15/H1 shift in structure and strong bearish engulfing patterns.
Risk management is key: Place stop-loss above zone highs.
EURJPY - Medium term prediciton - 16/06/25Higher‐lows structure
Since March, EUR/JPY has carved a series of higher lows (~156 → 160 → 162 → 164), signaling buyers stepping in sooner each pullback.
Recent breakout
The pair just cleared the prior swing high around 166.0 with follow-through buying—classic mid-range bullish bias.
Momentum & RSI
Daily RSI is trending upward without overbought exhaustion yet, leaving room to run toward resistance.
Rally to 175.4 ~65% Needs a clean break above 167.5 → 170 → 175.4
Drop to 154.4 ~35% Would require a bearish reversal under 164 → 162
EURJPY Breaks Out From Major Zone, Eyes Higher LevelsEURJPY Update, structure remains bullish
The pair has officially broken above a key resistance zone, showing solid bullish intent. This breakout is even more meaningful when you look at how price has been consistently supported by the long-term rising trendline. Every time price touched this trendline, it bounced with strength — and this time is no different.
The recent move suggests that buyers are firmly in control, and with the structure now pushing above resistance, momentum could continue to build.
As long as EURJPY holds above this breakout zone, the path of least resistance is to the upside.
DYOR, NFA
EURJPY WEEKLY HTF FORECAST Q2 W25 Y25EURJPY WEEKLY HTF FORECAST Q2 W25 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.
🔑 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
EURJPYPotential short opportunity
- reached major daily supply zone
- Double top created in the higher time frame
-failing to break the highs
- JPY gaining strength back
- EUR failing to climb
- waiting for retest of structure
- higher time frame the market structure is bearish
EUR/JPY Weekly & H1 AnalysisLast week, we saw price close at weekly resistance (resistance from October 2024).
We may see a similar reaction as we move into a new trading week.
The H1 chart could give us our first clues with an early change of cycle.
If you agree with the analysis, look for opportunities to trade that meet your own strategy rules and always use good risk management.
EURJPY: A SELL TRADE IDEA.OANDA:EURJPY : I'm shorting to 163.483, I'll make entries at 166.245 while maintaining 166.795 as my stop.
SELL EURJPYThe pair is moving in uptrend.
Liq swept, choch created, retest is there.
There is more than three confluences to make decision for entry.
Let us see the way price goes
EUR JPY TrendOn the daily time frame, EURJPY is close to the resistance zone. We'll be watching for a test of the zone for either a continuation of the uptrend or a reversal signaling a downtrend.
Sell OpportunityEURJPY pair is currently having an uptrend hitting the resistance, and forming a libra pattern at the top of the rising channel. Back to the support area is my trade idea. Good luck.
EURJPYThis analysis combines both COT positioning and technical indicators to provide a comprehensive view of the EUR/JPY pair's potential movements.
Bias: Bearish
