EURJPY: Short Trade with Entry/SL/TP
EURJPY
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short EURJPY
Entry Point - 159.79
Stop Loss - 160.94
Take Profit - 157.84
Our Risk - 1%
Start protection of your profits from lower levels
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JPYEUR trade ideas
EURJPY INTRADAY Breakout retest ahead of ECB decision? Bullish Scenario:
The EURJPY currency pair appears bullish, supported by the recent bullish breakout of the longer-term trend. The recent intraday price action indicates a bullish breakout above a period of sideways consolidation. The key level to watch is 158.50, which marks the breakout zone and aligns with the previous falling resistance trendline , now newly formed support zone. A corrective pullback that finds support at 158.50, followed by a bullish rebound, could trigger further upside movement towards 160.00, with extended targets at 161.33 and 162.00 over a longer timeframe.
Bearish Scenario:
A confirmed breakdown below the 158.50 level, particularly with a daily close beneath this support, would negate the bullish outlook. This would expose the index to a deeper retracement, with immediate support at 157.35, followed by 156.00 indicating a potential shift towards a corrective phase.
Conclusion:
The broader trend remains bullish, but 158.50 is a pivotal level. Holding above this zone reinforces upside potential, while a decisive break below it could lead to increased selling pressure. Traders should monitor price action around this key level to confirm the next directional move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
DeGRAM | EURJPY growth in the channelEURJPY is in a descending channel between trend lines.
The price is moving from the lower boundary of the channel and support level, and the 38.2% retracement level is the nearest obstacle to growth.
The chart retains a descending structure, but it has already formed a harmonic pattern.
On the 4H Timeframe, the indicators are pointing to a bullish convergence.
We expect growth in the channel after consolidation above the 38.2% retracement level.
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EUR/JPY is currently in a bearish trendEUR/JPY is currently in a bearish trend, with strong selling pressure driving the pair lower. On the daily and 4-hour charts, the price is trading below key resistance levels and moving averages, signaling further downside potential.
The pair recently broke below a key support zone around 161.50, turning it into resistance. The RSI is trending below 50, confirming bearish momentum, while the MACD is below the signal line, supporting further declines. A descending trendline is also capping upside moves.
The next weekly support level is around 159.80, which aligns with a previous demand zone. If the price fails to reclaim 161.50 and rejects lower, it could provide a strong shorting opportunity. A confirmed break below 159.80 would open the door for further declines toward 158.50.
Tariff Trade Between the EU and the USA
Tariffs between the European Union (EU) and the United States have historically been a source of economic tension. These trade duties impact industries such as automobiles, steel, agriculture, and technology.
EU Tariffs on US Goods: The EU imposes tariffs on American products like whiskey, motorcycles, and agricultural goods in response to US trade policies.
US Tariffs on EU Goods: The US has targeted European steel, aluminum, and luxury goods, arguing unfair subsidies and trade imbalances.
Retaliation & Trade Wars: Disputes, such as those involving Airbus vs. Boeing subsidies, have led to retaliatory tariffs, affecting global trade.
Recent Developments: The Biden administration and EU officials have worked on reducing tariffs, but tensions remain, especially in green energy subsidies and technology sectors.
If new tariffs arise, they could impact EUR/JPY indirectly through risk sentiment, potentially strengthening the Japanese Yen (JPY) as a safe-haven asset and increasing EUR downside pressure.
Traders should look for price action signals like bearish engulfing candles or trendline rejections to confirm entry. Stops should be placed above the recent highs for risk management.
EURJPY Approaching Major Support – Will Buyers Step In?OANDA:EURJPY is approaching a significant support zone, highlighted by previous price reactions and strong buying interest. This area has historically acted as a key demand zone, increasing the likelihood of a bounce if buyers step in.
The current market structure suggests that if the price confirms support within this zone, we could see a bullish reversal. A successful rebound could push the pair toward the 160.000 level, a logical target based on past price behavior and structural confluence.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck!
EURJPY - Bullish Continuation Toward 160.850OANDA:EURJPY is trading within a well-defined ascending channel, with price action respecting both the upper and lower boundaries. The recent bounce off support suggests buyers are maintaining control, supporting a potential continuation of the uptrend.
As long as the price remains above the support level and the channel's lower boundary holds, the bullish structure remains intact.
A potential upside target is 160.850, aligning with the upper boundary of the channel. A break and close above this level could signal further bullish momentum.
However, a breakdown below the support zone would invalidate the bullish scenario and may open the door for a deeper pullback.
Remember, always confirm your setups and trade with solid risk management.
Best of luck!
EURJPY Technical Analysis! SELL!
My dear subscribers,
EURJPY looks like it will make a good move, and here are the details:
The market is trading on 159.58 pivot level.
Bias - Bearish
My Stop Loss - 160.34
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 158.15
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
EUR/JPY - First steps into correction, getting back on track!Hi guys we are looking over at EUR/JPY , we had a huge swing to the lower end and a very very strong support area. We can see the RSI has crumbled but ended up formulating an Ascending Channel which we will follow into revaulation towards the 159 area.
Entry: 156.550
Target 1: 157.380
Target 2: 158.150
Target 3: 159.100
SL: 155.100
RR is sitting at 1:4!
Tell me below in the comments what is your opinion on this trade? Will the Hawkish BoJ interfere and push this further down?
EURJPY IS GETTING STRONGE OR WEAK ? DETAILED ANALYSISEURJPY has successfully broken out of the falling wedge pattern, hitting the projected target of 160.000 and delivering significant profits. This breakout confirmed a strong bullish reversal, allowing traders to capitalize on a deep profit opportunity. The falling wedge is a classic bullish pattern, and its breakout was accompanied by increasing momentum, pushing the pair higher in a sustained rally. With price action playing out as expected, traders who entered early have already locked in substantial gains.
From a technical perspective, EURJPY’s bullish structure remains intact, with strong support now forming around the 158.000–159.000 range. If the price consolidates above this level, we could see further upside potential beyond 160.000. However, traders should watch for any retracements or potential resistance at key psychological levels. If bullish momentum continues, the next targets could extend toward 162.000 or higher, depending on market conditions.
Fundamentally, EURJPY’s movement is heavily influenced by central bank policies. The European Central Bank’s (ECB) stance on interest rates, coupled with the Bank of Japan’s (BoJ) continued monetary easing, has contributed to yen weakness and euro strength. Additionally, risk sentiment in the market plays a crucial role—any shift toward a more risk-on environment will likely support further bullish moves in EURJPY. As the pair remains in an uptrend, traders should monitor key economic events and price action signals to maximize their profit potential.
EUR/JPY BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
EUR/JPY pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1D timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 157.265 area.
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EURJPY counter trend breakout at 158.50 level. Bullish Scenario:
The EURJPY currency pair appears bullish, supported by the recent bullish breakout of the longer-term trend. The recent intraday price action indicates a bullish breakout above a period of sideways consolidation. The key level to watch is 158.50, which marks the breakout zone and aligns with the previous falling resistance trendline , now newly formed support zone. A corrective pullback that finds support at 158.50, followed by a bullish rebound, could trigger further upside movement towards 160.00, with extended targets at 161.15 and 161.54 over a longer timeframe.
Bearish Scenario:
A confirmed breakdown below the 158.50 level, particularly with a daily close beneath this support, would negate the bullish outlook. This would expose the index to a deeper retracement, with immediate support at 157.45, followed by 156.00 and 154.90, indicating a potential shift towards a corrective phase.
Conclusion:
The broader trend remains bullish, but 158.50 is a pivotal level. Holding above this zone reinforces upside potential, while a decisive break below it could lead to increased selling pressure. Traders should monitor price action around this key level to confirm the next directional move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
EURJPY Is Going Up! Buy!
Please, check our technical outlook for EURJPY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 160.068.
Considering the today's price action, probabilities will be high to see a movement to 163.150.
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.
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Lingrid | EURJPY bullish Opportunity from DEMAND ZoneThe price perfectly fulfilled my previous idea. It reached the target zone. FX:EURJPY market made a false breakout of the support zone around the 156,000 level. On the daily timeframe, we can see that the price reached a demand zone it has bounced off multiple times. Recently, the price broke through the previous high in market structure, then pulled back to retest the support level and the upward trendline. I expect the price to retest the upper boundary of the channel and potentially move above it. My goal is resistance zone around 158,000
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
I only need this tradeThis will be my only trade in Forex for a while if it doesn't stop me out. The pair is rolling over from a high resistance area. That trendline won't hold, I'll add heavily if it breaks down the trendline in the daily timeframe. SL triggers if a weekly candle CLOSES above 159.20, otherwise is just volatility. I'm holding this for several weeks. Patience is the key.
EURJPY potential bearish breakout over next few sessionsIchimoku daily and 4hr showing bearish moves. Price tested Senkou Span B at 158.492 and was swiftly rejected. Personally think this may have been a liquidity grab / stop hunt before the 3 following widespread bearish candles.
There was a bear trap earlier on 28th Feb. in the Asian session which as you can see, wicked down to 154.807. After triggering the bears push price up and shook out any remaining weak hands.
Look for a potential bearish breakout over the next few sessions.
in term of potential targets, there is an N wave at 152.755. Ultimate target for the Sym.Tri 147.400.
EURJPY Trade Ideahe EUR/JPY pared some of its gains from a minor top of 158.46. It hit an intraday low of 155.92 and is currently trading around 157.18. The intraday outlook is bullish as long as the support of 155.90 holds.
European leaders, led by UK Prime Minister Keir Starmer and French President Emmanuel Macron, are collaborating with Ukrainian President Volodymyr Zelenskyy to come up with a structured peace plan for Ukraine, prompted by concern regarding American commitment after a dispute between Presidents Trump and Zelenskyy. The strategy includes a "coalition of the willing" to ensure Ukrainian participation in the talks, a four-phase plan with continued support and security guarantees, and a proposed one-month ceasefire. While other European nations are likely to be engaged, the plan depends on securing U.S. participation, which is uncertain, especially given Russia's refusal of external intervention in peace talks
Technical Analysis:
The EUR/JPY pair is trading below the 34,55 EMA and 200-4H EMA in the 8-hour chart.
Near-Term Resistance: Around 158.50 a breakout here could lead to targets at 159/160.25/161/161.50/162/163/163.60/164/165/166.65/167.
Immediate Support: At 155.80– if breached, the pair could fall to 155.49/155/154.40.
Indicator Analysis 4-hour chart):
CCI (50): Neutral
Average Directional Movement Index: Neutral
Overall, the indicators suggest a mixed trend
Trading Recommendation:
It is good to buy on dips around 156.25-30 with a stop loss at 155.70 for a TP of 158.