JPYEUR trade ideas
EUR_JPY RESISTANCE AHEAD|SHORT|
✅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
SHORT🔥
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EUR/JPY BEARS ARE STRONG HERE|SHORT
Hello, Friends!
We are going short on the EUR/JPY with the target of 159.106 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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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EURJPY Wave Analysis – 28 April 2025
- EURJPY reversed from resistance area
- Likely to fall to support level 161.25
EURJPY currency pair recently reversed down from the resistance area between the resistance level 164.00 (which has been reversing the price from January), upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from July.
The downward reversal from this resistance area stopped the previous short-term correction ii.
Given the clear daily downtrend and the overbought daily Stochastic, EURJPY currency can be expected to fall toward the next support level 161.25.
EURJPY Short 4/25/2025EUR/JPY Short – 4th Rejection from Key Supply Zone + Bearish Engulfing Into Range
Looking for a short setup on EUR/JPY after a clean multi-timeframe rejection from the upper boundary of a well-respected zone.
Daily Chart:
Price has tested this trendline resistance zone four times this week — failing each time. Today’s rejection at 163.151 marks the 4th consecutive denial of higher ground. Structurally, this is shaping up as a textbook range trade.
4H Chart:
The latest 4-hour candle printed a sharp doji right at the supply zone — a strong indecision signal that often precedes reversal. Friday flows are light, so it’s likely a final tap before the weekend.
1H Chart:
Price respected the zone all London session. We now see several wick rejections, followed by a bearish engulfing candle on the most recent hourly close — confirming seller presence.
News Context:
No major upcoming data. Tokyo CPI dropped during Asia session and came in strong — that could lend strength to the yen and support downside momentum from here.
Target:
Looking for a move down to the bottom of the range near 161.142
Entry: Near 163.151
Stop: Above supply
Target: 1:3.69 R:R
Note: Could take time to play out — likely into next week if not into New York session follow-through.
This is a clean supply rejection play with a well-defined range and no macro news in the way.
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.
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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 zone—shaping 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!
Trendzilla vs Chop Kong (EUR/JPY)The bias for EUR/JPY - in our view - is higher
On the weekly timeframe:
A) WMA has flattened out and price held above it B) downtrend line broken and held
On daily timeframe:
EUR/JPY just broke resistance for possible breakout trade up to the olf high to 166 - and possibly beyond
Thoughts ?
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.
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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 🚀 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:
👉 The price is above the 50 EMA
👉The price is above the 200 EMA
👉The Candlestick Pattern Is A Bullish Harami
❌In this case the EMA's have not crossed.
❌In this case the price has not gapped up.
Even though,
✅A Bullish Reversal Candlestick Pattern has formed called " Bullish Harami"
✅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 ⚠️ Trading is risky please learn risk management and profit taking strategies.Also use a simulation trading account before you use real money.
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 160.922–160.680 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 162.3–162.5 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 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
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
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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 ECB’s 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 Japan’s ultra-loose monetary policy and other global central banks maintaining relatively tight conditions. BoJ’s reluctance to tighten, combined with consistent intervention threats, hasn’t been enough to halt the Yen’s decline, making EURJPY an attractive long in the current macro backdrop.
Technicals align perfectly here—after 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 “EURJPY breakout,” “falling wedge pattern,” and “JPY weakness” 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.
EURJPYEUR/JPY Rate Differential and Fundamental Outlook for May 2025
Interest Rate Differential
ECB Main Refinancing Rate: 2.40% (after a 25 bps cut in April 2025).
BoJ Policy Rate: 0.50% (held steady in May 2025).
Rate Differential: 1.90 percentage points (EUR yield advantage).
This gap supports EUR/JPY upside, but the ECB’s easing bias and BoJ’s cautious stance suggest potential narrowing later in 2025.
Key May 2025 Fundamental Drivers
Eurozone (EUR)
GDP Growth:
Eurozone GDP grew 0.4% QoQ in Q1 2025, with Germany expanding 0.2%.
Resilient growth reduces urgency for aggressive ECB easing but does not halt the dovish trajectory.
ECB Policy Outlook:
Markets price in a 25 bps ECB rate cut in June, with further easing expected in 2025.
ECB remains data-dependent amid trade tensions and moderating inflation (2.1% in Germany, 0.8% in France).
Japan (JPY)
BoJ Policy Stagnation:
BoJ kept rates at 0.50% in May, citing risks from U.S. tariffs and downgrading 2025 GDP growth to 0.5%.
Core CPI forecasts trimmed to 2.2% for 2025 and 1.7% for 2026, delaying hawkish shifts.
Trade War Risks:
U.S.-China trade de-escalation optimism reduces JPY’s safe-haven appeal, but Japan’s export reliance keeps growth vulnerable.
Global Factors
Risk Sentiment: Easing U.S.-China tensions favor risk-on flows, weakening JPY.
Fed Policy: Delayed Fed cuts (4.50% rate) bolster USD, indirectly pressuring EUR/JPY via EUR/USD dynamics
ECB Rate Cuts (Expected) Bearish for EUR (narrows rate gap)
BoJ Dovish Hold Limits JPY strength, supports EUR/JPY upside
Eurozone Growth Resilience Mild EUR support, delays aggressive ECB easing
Trade Optimism Risk-on sentiment weakens JPY, bullish for EUR/JPY
Japan’s Growth Downgrade JPY weakness on economic concerns
Base Case:
EUR/JPY likely trades with a moderate bullish bias in May, supported by
The still-significant rate differential (1.90%).
Risk-on flows amid trade de-escalation.
BoJ’s growth and inflation downgrades limiting JPY strength.
Downside Risks:
Surprise ECB dovish rhetoric or faster-than-expected rate cuts.
Escalation in U.S.-Japan/EU trade tensions reviving JPY safe-haven demand.
Summary
The 1.90% rate differential and improving risk sentiment favor EUR/JPY gains in May, but the ECB’s easing trajectory and Japan’s structural challenges create volatility. Traders should monitor:
ECB June Policy Signals (potential 25 bps cut).
Eurozone Inflation Data (May 30–31).
BoJ Rhetoric on tariffs and growth.
While near-term upside persists, the pair’s longer-term outlook remains bearish as ECB cuts erode the rate advantage.
EURJPY: Short Trade Explained
EURJPY
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short EURJPY
Entry Point - 163.91
Stop Loss - 164.69
Take Profit - 162.42
Our Risk - 1%
Start protection of your profits from lower levels
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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