EURJPYEURJPY will likely drop into my demand structure where i expect 45min buy idea and if it pulls
JPYEUR trade ideas
EUR/JPY Bias: Bearish📉 Bias: Bearish
📍 Target: Yearly Fair Value Gap (FVG) below
🕵️♂️ Analysis:
Daily TF: Price has completed an inducement grab ✅
Expectation: Price to tap into the bearish Order Block (OB) 🔄
HTF Move: Liquidity grab expected before further drop 🌊📉
🎯 Plan: Wait for price to react at the OB and look for confirmations before entering a short position. 🚀📊
EURJPY BULLISH SHARKHarmonic Pattern Trading Strategy:
1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy.
2. Implement proper risk management.
3. Limit exposure to 3% of capital per trade.
4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity.
5. Conduct thorough diligence and analysis before trading.
Disciplined approach = Enhanced edge.
eurjpy buy tradeThe Relative Strength Index (RSI) is showing an upward trend, indicating increasing momentum. Additionally, the Moving Average Convergence Divergence (MACD) is showing a bullish crossover, further supporting the potential for an upward move.
Bearish drop off overlap resistance?EUR/JPY is rising towards the resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could drop from this level to our take profit.
Entry: 159.53
Why we like it:
There is an overlap resistance level that aligns with the 38.2% Fibonacci retracement.
Stop loss: 160.24
Why we like it:
There is an overlap resistance level that aligns with the 61.8% Fibonacci retracement.
Take profit: 157.97
Why we like it:
There is a pullback support level that is slightly below the 61.8% Fibonacci retracement.
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EURJPYThe upcoming fundamental data and events that could affect the EUR/JPY trade directional bias include:
Eurozone Flash PMIs (February 21, 2025):
Manufacturing PMI: Expected to provide insights into the health of the manufacturing sector.
Services PMI: A strong services sector can bolster the euro, while weakness may lead to bearish sentiment.
Impact on EUR/JPY: Stronger-than-expected PMIs could support the euro against the yen, leading to a bullish bias for EUR/JPY. Conversely, weaker PMIs might lead to a bearish outlook.
Bank of Japan (BoJ) Monetary Policy Meeting (February 19, 2025):
The BoJ's stance on interest rates and inflation will be closely watched. Recent GDP growth data indicates a robust economy, which may lead to speculation about potential rate hikes.
Impact on EUR/JPY: If the BoJ signals a more hawkish approach or hints at future rate increases, it could strengthen the yen against the euro, resulting in a bearish bias for EUR/JPY.
European Central Bank (ECB) Commentary:
Recent comments from ECB officials regarding potential rate cuts may weigh on the euro.
If the ECB maintains a dovish stance while the BoJ turns hawkish, this could lead to further declines in EUR/JPY.
Current Market Sentiment. The recent decline following Japan's robust GDP report indicates a stronger yen, which may continue if economic data supports this trend.
The bearish sentiment towards EUR/JPY due to deteriorating Eurozone growth expectations relative to Japan.
Technical Analysis
Support and Resistance Levels: The pair is currently testing key support levels. A break below these levels could trigger further selling pressure.
Conclusion
The directional bias for EUR/JPY next week will largely depend on the outcomes of the Eurozone PMIs and the BoJ's monetary policy meeting. Strong economic indicators from Europe could bolster the euro, while hawkish signals from Japan may strengthen the yen. we will closely monitor these developments and adjust our positions accordingly based on market reactions to key data points.
EURJPY BullishEURJPY has been on a range.
158.50 with FVG is a possible entry to go long.
157.50 maybe a even better entry for those who are patient
167 maybe the 1st target.
EURJPY The Week Ahead 17th Feb 25The EURJPY price action sentiment appears bearish, supported by the longer-term prevailing downtrend.
The key trading level is at 161.30, 50 Day Moving Average level. An oversold rally from the current levels and a bearish rejection from the 161.30 level could target the downside support at 158.85 followed by 15687 and 156.00 levels over the longer timeframe.
Alternatively, a confirmed breakout above 161.70 resistance and a daily close above that level would negate the bearish outlook opening the way for further rallies higher and a retest of 162.76 resistance followed by 163.70 levels.
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 SHORT TO 152.000My insight on EURJPY is short due to lower Highs being created on a bigger TF showing that pricing is trending downwards.
Bearish Momtentum expected EURJPY Sell PositionBearish Momtentum expected EURJPY Sell Position is expected based on Potential reversal zone and behavior of market.
EUR/JPY Key Supply Zone Holding – Bearish Rejection in PlayChart Analysis & Trade Setup:
The EUR/JPY 45-minute chart highlights a strong supply zone near 157.50 - 157.60, where price has repeatedly rejected, leading to multiple sell-offs. This zone remains a critical resistance area for further downside movement.
Technical Breakdown:
📌 Key Supply Zone (157.50 - 157.60): Price has attempted to break above but faced strong rejection, confirming sellers' dominance.
📉 Bearish Price Action: Each rejection from the supply zone has resulted in a decline towards key support levels.
🔄 Liquidity Grab & Drop: A fake-out above 157.50 led to a sharp reversal, suggesting a distribution phase.
Trade Plan:
✅ Entry: Consider a short position on a retest of 156.50 - 157.00, if price fails to reclaim higher levels.
🎯 Target 1: 156.00 (Recent support level).
🎯 Target 2: 155.70 - 155.50 (Stronger demand zone).
🛑 Stop Loss: Above 157.65, as a breakout above this level would invalidate the bearish setup.
#036 Trust The Process EURJPY 0936SGT 27022025Buying.
Price at major support area, so, buy, right?
0927SGT 27022025
I have some ideas privated because i reached the daily limit for posting ideas.
I will repost them later. Now I feel giddy and trapped plus im so tired and malnourished.
Too bad. the effects of childhood trauma has caught up.
0938SGT 27022025
EUR JPY BIG SELL COMING ?Eur jpy traveling between 154.5 and 163.5 area for quite some time. The daily price action is getting bearish whith the medium term trend line breaking and the recovery attempt failing.
If the supoort line located at 154.5 breaks, the pair can see a big drop to 150 level and lower .
Eurjpy Trade IdeaI managed to catch some solid shorts on EJ with price being in a range. Entry was a flip of structure & retest to confirm shorts for a range continuation. EJ had tapped and respected a major support at 157.736. With that being said in order for price to continue the higher time frame range I personally would want to see price break above and retest 157.200 for those longs. If that happens then longs would the priority on the pair.
#027 Trust The Process EURJPY Sell 2009SGT 25022025Selling EURJPY.
I have only a few things to say,
1st - I didn't go to work yesterday because I was so tired. I am always lethargic I think I am so weak.
2nd - I wanted to go work at 8pm, now is 8pm. But I think I need to drag to 9pm.
I ned to make some money to pay for living expenses and stuff. Even if I manage to be a successful trader, I will continue working.
Right now, I think I am sitting on -13R loss across 4 accounts, over 26 trades, open and closed.
2011SGT 25022025
Add : This EURJPY trade is based on 1 Minute Time Frame, and I took it originally for my Oanda mt4 accounts. Whenever possible and I have the energy and space to do those things, I will take trades as much as I could.
I think, blowing my accounts is my secret super power.
...2016SGT 25022025
gbpjpy buy signal. 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
EURJPY - The 0.618 Fibonacci zone acting as resistanceThe EURJPY pair is one of the most interesting assets to watch.
Overall, the long-term trend has shifted from strongly bullish to neutral since the highs of July 2024. However, we can observe that each successive bullish rebound is reaching lower highs.
With the ECB lowering interest rates and the recent rate hikes by the Bank of Japan, a rebalancing is gradually taking place. As a result, at best, we can expect a range-bound movement between 156.00 and 164.00 in the coming weeks, and at worst, a sustained decline in the exchange rate in favor of the yen.
Holding yen long-term is not attractive from a swap perspective, but in the short term, attempting bearish rebounds is more interesting.
Here, I initiated a short trade, betting on a continuation of the downtrend after the pair rebounded from the 0.618 Fibonacci retracement zone. Historically, this level is significant and acts as resistance when trends establish themselves.
