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EURJPY

Bearish reversal?EUR/JPY is rising towards the resistance level which is an overlap resistance that lines up with the 50% Fibonacci retracement and could drop from this level to our take profit. Entry: 163.18 Why we like it: There is an overlap resistance level that lines up with the 50% Fibonacci retracement. Stop loss: 163.18 Why we like it: There is a pullback resistance level that is slightly above the 61.8% Fibonacci retracement. Take profit: 161.61 Why we like it: There is a pullback support level. 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
WHO LOVES A STRONG JPY ( YEN )BASKET FORECAST Q2 W22 Y25WHO LOVES A STRONG JPY ( YEN )BASKET FORECAST Q2 W22 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! ✅The JPY Basket tracks the overall strength of the JPY against a weighted average of other currencies. ✅It can be used as an indicator of YEN strength which can be a tool for analysing and potentially hedging for or against the Index. ✅ Pairs to watch - GBPJPY, USDJPY EURJPY, CADJPY, AUDJPY 🔑 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
FX:JPYBASKET
by JCFRGNT
EUR/JPY Technical Breakdown: Rising Wedge Breakdown + Target🔺 1. Rising Wedge Pattern Explained A Rising Wedge is formed when: Price action creates higher highs and higher lows, but The slope of the support line is steeper than the resistance line. This signals that buyers are losing strength, and momentum is fading. In this chart: The wedge began forming around mid-February 2025. Price was compressing within converging trendlines. After multiple failed breakouts near resistance (~165.50), the pair finally broke below the lower trendline, confirming a bearish breakout. This pattern is considered reliable because it traps late buyers and shifts sentiment from bullish to bearish quickly once the lower boundary is breached. 🔻 2. Key Technical Zones 📌 Major Resistance Zone (~165.00 – 166.00) Strong supply area; price has rejected here multiple times since late 2023. Resistance was confirmed again during the wedge formation. High volume spike noted near this level, followed by a steep drop—evidence of distribution and smart money exiting long positions. 📌 Major Support Zone (~156.00 – 157.00) Historically held as a demand zone. Previous bounces suggest it is structurally significant. However, repeated tests can weaken the zone, increasing the likelihood of a breakdown. 🎯 Target Price: 153.433 Measured by taking the height of the wedge and projecting it from the breakout point. Coincides with a previously tested level (support turned target). Bears could aim for this level as a swing target. 📉 3. Market Psychology Behind the Pattern As price climbs inside a rising wedge, volume often declines, showing buyer exhaustion. False breakouts near the top of the wedge trap breakout traders, adding fuel to the downside move once price breaks the lower boundary. The sharp selloff post-breakout is often driven by stop-loss cascades and aggressive short positioning. 🔁 4. Potential Price Path & Trade Plan Retest in Progress: Price may retest the broken wedge support (now resistance) near 163.00–164.00 before further decline. This retest zone offers a high-probability short entry opportunity with tight risk management. Immediate Downside Levels: 160.00 (psychological level), 157.00 (support zone), and final target at 153.43. Bearish Continuation Scenario: If the pair maintains below the wedge and forms lower highs, it confirms ongoing bearish sentiment. 🛑 5. Risk Factors to Monitor ECB or BOJ monetary policy shifts (rate cuts/hikes, yield curve control updates). Risk-on vs risk-off flows, especially in times of geopolitical or macroeconomic shocks. Intervention by the Bank of Japan to protect JPY from excessive weakening. ✅ Conclusion: A Tactical Short Opportunity The EUR/JPY chart is setting up for a potential medium-term short swing trade following a confirmed rising wedge breakdown. With clear rejection from a long-standing resistance zone and fading bullish momentum, the technicals align for a move toward 153.43 over the coming weeks. Traders should watch for clean retests and structure-based entries, managing risk around 164.50 with profit-taking at key support zones along the path.
Short
by GoldMasterTrades
EURJPY - Look for Short (SWING) 1:XX!It’s been a while since I last shared a trading idea — here’s one for you. EURJPY has spent the past few weeks in an accumulation phase and now looks poised to shift into a distribution phase to the downside. Let’s see how it unfolds. Disclaimer: This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
Short
by S-Fx_
TEXT BOOK LTF PA EURJPY LONG FORECAST Q2 W21 D22 Y25TEXT BOOK LTF PA EURJPY LONG FORECAST Q2 W21 D22 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 ✅Daily 50 EMA ✅Tokyo ranges to be filled ✅Intraday 15' order block ✅Tokyo ranges to be filled 🔑 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
Long
by JCFRGNT
EUR/JPY 1H: Bullish Falling Wedge Breakout + Target 🧠 Overview of the Setup The EUR/JPY currency pair has recently completed a Falling Wedge pattern, a classic and powerful bullish reversal formation. This chart structure typically signals the end of a downtrend and the potential beginning of a strong upward impulse. In this setup, multiple confluences point toward a bullish move, including pattern breakout, structure shift, retest of a dynamic support level, and alignment with major supply/resistance zones. 🔍 Pattern Analysis: Falling Wedge Definition: A falling wedge is a technical pattern formed by two downward-sloping trendlines — one representing resistance and the other support — that converge. It signals a slowdown in bearish momentum, often preceding a bullish reversal. Chart Observation: The wedge is well-defined, spanning several trading sessions. As price action tightened toward the apex, bearish momentum began to weaken. Breakout Trigger: Price broke convincingly above the upper wedge boundary, suggesting the start of a bullish reversal. ✅ Implication: The breakout confirms that buyers have taken control, especially as this move is supported by a structural Change of Character (CHOCH). 📈 Price Action Structure & Key Zones 1. Minor Resistance (Broken) After the breakout, price encountered a minor resistance zone just above the wedge. This area is now likely to flip into support (a classic breakout retest). 2. Major CHOCH (Change of Character) A CHOCH indicates a break in market structure — from lower highs and lower lows to higher highs and higher lows. The break above this level confirms a shift from bearish to bullish sentiment. 3. Curved Support (Black Min Curve) A rising curved trendline has formed below current price, acting as a parabolic support structure. This suggests not just a trend reversal, but increasing bullish momentum, as buyers step in at higher levels with each correction. 4. Major Resistance Zone (Target Area) Price Target: ~164.50 – 165.50 This zone has historically acted as strong supply and is marked for potential take-profit or observation for reversal signals. The target is derived from both horizontal resistance and the projected height of the wedge pattern. 🎯 Trading Strategy Component Details Entry Zone 162.50 – 162.60 (retest of minor resistance + curve support) Stop Loss Below 162.00 (beneath wedge and curve) Take Profit 164.50 – 165.50 (major resistance) Risk/Reward Approx. 1:2.5 to 1:3 🔸 Conservative Entry: Wait for bullish confirmation (bullish engulfing candle or pin bar) on the support retest. 🔸 Aggressive Entry: Market buy after confirmation of curve bounce or on lower timeframe bullish signals. 📊 Volume & Momentum Consideration Although volume isn’t shown on this chart, volume confirmation on the breakout would significantly strengthen the bullish bias. Look for: Increasing buy volume on breakout Lower sell volume on pullbacks Bullish divergence (if using RSI or MACD) ⚠️ Risk Management & Event Awareness Be cautious of unexpected JPY-related economic releases (e.g., BOJ announcements, inflation data) that may cause volatility. If the curved support is broken decisively, this could invalidate the setup, suggesting further consolidation or downside risk. 🧠 Psychological Perspective The Falling Wedge reflects a market where sellers are gradually losing control — pushing price lower, but with less conviction. As the wedge tightens, bulls prepare to step in. The breakout confirms that sentiment has shifted, and many traders use such setups as entry points for swing or momentum trades. The curved support line suggests a transition from accumulation to markup phase, which typically leads to faster price expansion as confidence in the uptrend grows. ✅ Summary ✅ Pattern: Falling Wedge (Bullish) ✅ Breakout: Confirmed with CHOCH ✅ Support: Curve trendline acting as dynamic support ✅ Target: 164.50 – 165.50 major resistance ✅ Bias: Bullish (until curve support is broken) 📣 Final Thoughts This is a high-probability bullish continuation setup backed by price structure, pattern breakout, and support alignment. The risk is well-defined, and reward potential is strong — making this a favorable setup for swing traders or short-term position traders. 💬 Let me know what you think in the comments — are you going long EUR/JPY? 👍 Like and Follow for more setups and breakdowns.
Long
by GoldMasterTrades
EUR/JPY "Yuppy" Heist: Sniping Swiss Profits with Thief Trading!🌍 Hello Global Traders! 🌟 Money Makers, Risk Takers, and Market Shakers! 🤑💸✈️ Dive into our EUR/JPY "Yuppy" Forex heist, crafted with the signature 🔥Thief Trading Style🔥, blending sharp technicals and deep fundamentals. Follow the strategy outlined in the TradingView chart, focusing on a long entry targeting the high-risk MA Zone. Expect a wild ride with overbought conditions, consolidation, and potential trend reversals where bearish players lurk. 🏆💰 Celebrate your wins, traders—you’ve earned it! 💪🎉 Entry 📈: The vault’s open! Grab bullish opportunities at any price, but for precision, set buy limit orders on a 15 or 30-minute timeframe near swing lows or highs for pullback entries. Stop Loss 🛑: 📍 Place your Thief SL at the recent swing low on the 4H timeframe (163.00) for scalping or day trades. 📍 Adjust SL based on your risk tolerance, lot size, and number of open orders. Target 🎯: Aim for 167.00 💵 EUR/JPY "Yuppy" is riding a bullish wave, fueled by key market drivers. ☝ Unlock the full picture—dive into Fundamentals, Macro Insights, COT Reports, Quantitative Analysis, Sentiment Outlook, Intermarket Trends, and Future Targets. Check 👉🌎🔗. ⚠️ Trading Alert: News & Position Management 📰🚨 News can shake the market hard. Protect your trades by: Avoiding new entries during news releases. Using trailing stops to lock in profits and shield running positions. 📌 Markets move fast—stay sharp, keep learning, and adapt your strategy as conditions evolve. 💖 Power up our heist! 🚀 Tap the Boost Button to amplify our Thief Trading Style and make stealing profits a breeze. Join our crew, grow stronger, and conquer the markets daily with ease. 🏆🤝❤️ Catch you at the next heist, traders—stay ready! 🤑🐱‍👤🤩
Long
by Thief_Trader
DAILY HOT PICK EURJPY LONG FORECAST Q2 W21 D20 Y25DAILY HOT PICK FX:EURJPY EURJPY LONG FORECAST Q2 W21 D20 Y25 GOOD MORNIG EJ, Due to higher time frame nothing-ness, the pair has been somewhat neglected BUT, We are starting so see some charting action within the lower time frame that excited pattern recognition. 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📝 ✅HTF 50 EMA ✅Intraday 15' order block ✅Tokyo ranges to be filled 🔑 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
Long
by JCFRGNT
SMC Trap = Clean CHoCH + OB Long, Targeting Liquidity Sweep!We’re tracking a textbook Smart Money Concept (SMC) long setup on EURJPY, 30M timeframe, with clear structure shift and clean OB entry. Here's the full breakdown for traders: 🔄 Market Structure Shift: Major bearish trend visible from previous candles. Sharp rejection followed by a Change of Character (CHoCH) indicating possible bullish reversal. 🧱 Order Block Zone: Price swept liquidity to the downside and tapped into a marked Bullish Order Block at 162.195–162.266. Entry triggered within this OB zone, with tight risk placement below Strong Low. 🔁 Entry Setup: Entry: Inside OB at 162.266 Stop Loss: Just below the OB at 162.195 (Strong Low protected) TP1: 70.50% retracement near 162.650 TP2: Full Buy Side Liquidity sweep @ 162.768 (Weak High Targeted) 🧮 RRR (Risk-to-Reward): Approximate RRR: 1:6+ — High probability trade if market structure follows through. 🧲 Key Levels Highlighted: 🔹 CHoCH confirms shift to bullish 🔹 OB Zone: High confluence with liquidity grab + candle imbalance 🔹 Buy Side Liquidity: Obvious target for institutions 🔹 Weak High: Ready to be taken out 📈 What To Watch For: Bullish continuation towards 162.768 Strong impulsive move breaking above minor resistance Potential re-entries on lower TF OBs (5M–15M) 🧠 Pro Tip for Traders: Don’t chase—wait for CHoCH + OB confirmation combo. This type of setup works best when confluence aligns: OB + CHoCH + liquidity sweep = 🔥
Long
by ChartNinjas88
2
EURJPY Analysis: Range Bounces & BreakoutHello traders! EURJPY is in a daily range and is offering three trading scenarios. The first scenario suggests the pair may react bearishly from the currently approached zone, setting up a bounce opportunity that could drive price lower toward the 162.130 area. The second scenario anticipates a bounce toward the 158.400 area, if price reaches the support zone of the range. The third scenario anticipates a breakout above the resistance zone, followed by a retest, which could present a strong opportunity for continuation toward the 169.300 area. Discretionary Trading: Where Experience Becomes the Edge Discretionary trading is all about making decisions based on what you see, what you feel, and what you've learned through experience. Unlike systematic strategies that rely on fixed rules or algorithms, discretionary traders use their judgment to read the market in real time. It's a skill that can't be rushed, because it's built on screen time, pattern recognition, and the ability to stay calm under pressure. There's no shortcut here. You need to see enough market conditions, wins, and losses to build that intuition—the kind that tells you when to pull the trigger or sit on your hands. Charts might look the same, but context changes everything, and that's something only experience can teach you. At the end of the day, discretionary trading is an art, refined over time, sharpened through mistakes, and driven by instinct. It's not for everyone, but for those who've put in the work, it can be a powerful way to trade.
Short
by davidavasalcai
33
EURJPY Will Explode! BUY! My dear friends, EURJPY looks like it will make a good move, and here are the details: The market is trading on 162.89 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 - 163.75 Recommended Stop Loss - 162.45 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. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
EUR/JPY BEARISH BIAS RIGHT NOW| SHORT Hello, Friends! We are going short on the EUR/JPY with the target of 163.215 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. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
EURJPY Expected Growth! BUY! My dear subscribers, EURJPY looks like it will make a good move, and here are the details: The market is trading on 163.88 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 164.26 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. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
EURJPY Will Fall! Short! Here is our detailed technical review for EURJPY. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 164.491. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 163.510 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1