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EURJPY

EURJPY What Next? BUY! My dear friends, Please, find my technical outlook for EURJPY below: The price is coiling around a solid key level - 156.81 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 158.63 Safe Stop Loss - 156.08 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
2
EUR/JPY Bearish Setup: Rejection from 200 EMAEUR/JPY 1H Analysis 📉📊 Bias: Bearish 🔻 This EUR/JPY 1-hour chart suggests a bearish setup with potential downside movement. Here’s a breakdown of key elements: 🔍 Key Observations: 200 EMA Resistance 🚨 Price is struggling below the 200 EMA (158.383), a strong dynamic resistance. Bears are defending this area, preventing further upside. Supply Zone (158.319 - 158.383) 🟥 Price recently rejected from this key resistance zone. Sellers stepped in aggressively, pushing price lower. Bearish Market Structure 📉 Lower highs and lower lows are forming, confirming the downtrend. A potential retest of resistance before another drop. RSI Indicating Weakness ⚠️ RSI (51.59) is below overbought levels and sloping downward. The 56.02 resistance on RSI suggests limited buying strength. 📍 Trade Setup Idea: Entry: Around 157.70 - 158.00 (Possible retest zone) Target: 156.25 - 156.00 (Major support area) 🎯 Stop Loss: Above 158.40 to avoid fakeouts ❌ 📌 Summary: Bearish Bias 🚨 as long as price remains under 200 EMA. Expect a pullback before continuation to the downside. 156.00 Target looks achievable if sellers maintain pressure. ⚡ Trade cautiously & manage risk properly! 🚀 Let me know if you need more details! 🔥
Short
by MrStellanSight
EURJPY weakness continues on BoJ rate hike signal The EUR currency further weakened against the JPY earlier today when the BOJ Governor Kazuo Ueda signalled that the central bank stands ready to increase government bond buying if long-term interest rates rise sharply, reiterating the BOJ’s long-standing commitment to supporting stable markets. The EURJPY price action sentiment appears bearish, supported by the longer-term prevailing downtrend. The key trading level is at 158.90. An oversold rally from the current levels and a bearish rejection from the 158.90 level could target the downside support at 156.50 followed by 153.30 and 151.00 levels over the longer timeframe. Alternatively, a confirmed breakout above 158.90 resistance and a daily close above that level would negate the bearish outlook opening the way for further rallies higher and a retest of 161.00 resistance followed by 162.10 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.
by TradeNation
EUR/JPY – High-Probability Short Setup 1️⃣ Market Overview – Bearish Bias Confirmation EUR/JPY remains in a strong downtrend, forming lower highs and lower lows. Currently, the price is retracing into a critical Fibonacci resistance zone, making this a prime opportunity to short the pair in line with institutional sentiment and seasonality trends. 2️⃣ Fibonacci Levels – Identifying Key Resistance The Fibonacci retracement is drawn from the most recent bearish impulse. Resistance Zone: 0.5 (156.888) to 0.786 (157.107) – a high-probability rejection area. If price fails to break above this zone, a continuation to the downside is expected. Prime Seasonality Insights – Historical Data Supports the Short Bias 📊 Seasonality trends over 15 years indicate that EUR/JPY historically declines in late February and early March. 🔻 February seasonality performance: -0.7% average return 🔻 Next 3-5 day forecast: Bearish probabilities (-0.06% to -0.21%) 🔻 Seasonality prediction candles show a short-term retracement, followed by downside continuation. 💡 This aligns with the technical setup, reinforcing a short bias. 4️⃣ Retail Sentiment – Smart Money Edge 🚨 79% of retail traders are LONG on EUR/JPY – a contrarian signal for a short trade. 🔻 Institutions (Smart Money) are aggressively shorting EUR/JPY, as seen in COT data. 🔻 Commitment of Traders (COT) Report shows increased institutional short positioning. 🔻 Retail traders trapped in longs will likely get stopped out, fueling further downside. 5️⃣ Technical Confirmation – Trendline & Indicators ✅ Price is below all major EMAs (6, 24, 72, 288) on the 4-hour chart. ✅ Supertrend remains bearish on the 4-hour timeframe. ✅ A downward sloping trendline aligns with the Fibonacci resistance zone. 💡 I will wait for confirmation (rejection wick, bearish engulfing candle) before entering a short position. 6️⃣ Conclusion – Trade Plan for EUR/JPY 🔹 Bias: Bearish due to downtrend, Fibonacci resistance, seasonality, and institutional short positioning. 🔹 Trade Setup: Sell EUR/JPY at 156.88 - 157.10 (Upon rejection) Stop Loss: Above 157.26 Take Profit Targets: 156.30, 156.04, 156.00 🔹 Key Confirmation: Retail traders are trapped in longs, seasonality supports further downside, and institutions are short. 🚀 This is a prime example of how combining Seasonality, Smart Money Positioning, and Technicals can create a powerful trade setup. 📌 What’s your outlook on EUR/JPY? Let’s discuss in the comments!
Short
by LDForex_
EUR/JPY Bearish Setup | Rejection from 200 EMA & Supply ZoneEUR/JPY Analysis (Daily Timeframe) 📉🔥 Key Observations: Price at 159.804 (-0.07%), showing minor bearish sentiment. 200 EMA Resistance (162.206) 🚧 Price previously rejected from this level, reinforcing it as a strong resistance zone. Bearish Retest of Supply Zone (162.000 - 162.500) 🛑 Price attempted to break above but failed, leading to rejection and a move downward. Breakout from Ascending Channel 📉 Price previously followed an upward trend but broke below, signaling a shift to bearish momentum. Target at 155.732 (Next Support) 🎯 A blue arrow suggests an expected drop toward this key support. Bias: Bearish 📉 Confirmation: If price fails to reclaim 160.500, further downside is likely. Bearish Entry: Below 159.500 with a target at 155.732. Invalidation: A daily close above 162.200 would shift bias to bullish. 🚨 Watch for rejection candles or strong bearish momentum for a sell setup! 🚨
Short
by MrStellanSight
Mid Term Short on EURJPYIn the short term, I predict a bounce back to the trendline as we sweep some liquidity around this current location. If/When we break the 155 support, we will hit a minimum of 140 and even lower. This is an idea. If you agree with the fundamentals of the chart you can follow my trade. Short-term target with price reversal from 1.55 Target 1 - 159 Target 2 - 161.500 (I will look for a reversal and short from this location) Price target with price breaking below 1.55 support zone Short Term Target - 140 Mid Term Target - 135
Short
by SuperiorJG
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!
Long
by TrendDiva
2
Bearish drop?EUR/JPY has broken out of the pivot and could drop to the 1st support which acts as a pullback support. Pivot: 157.19 1st Support: 155.60 1st Resistance: 158.37 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
Bearish drop off pullback resistance?EUR/JPY is rising towards the pivot which is a pullback resistance and could drop to the 61.8% Fibonacci support. Pivot: 159.52 1st Support: 157.81 1st Resistance: 160.99 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
Expecting bullish volatility from this bearish contractionSupported by the daily rejection block, we're looking for bullish opportunities because we have cleared the immediate swing high at 158.000. This sentiment indicates a strong bullish market. Anticipating this corrective movement to reduce further and mitigate the breaker block at 157.350 to activate buyers for a volatile bullish move. - Entry: 157.350 - Stop Loss: 156.550 (80 pips risk) - Target: 161.350 (400 pips potential gain) This trade setup suggests a bullish opportunity with a risk-reward ratio of 1:5.
by tokelohomi
Falling towards 61.8% Fibonacci support?EUR/JPY is falling towards the pivot which has been identified as a pullback support that aligns with the 61.8% Fibonacci retracement and could bounce to the pullback resistance. Pivot: 157.97 1st Support: 156.57 1st Resistance: 159.48 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
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. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
I'm waiting for a good drop on the chart.It is at a historical ceiling where resistance is very strong. I expect a return to the 170 range and a market decline. Our main target is 9%. There is a possibility of a decline of up to 20% in the long term. The decline is probably as low as 20%. I am taking profit with a stop. 1- Break of the uptrend line 2- Start of the bearish phase 3- Retracement to the 86% Fibonacci line in the bearish phase 4- Start of our short position and receive 9% of the chart OANDA:EURCAD
Short
by Bijan2002
2
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.
by TradeNation