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Eurjpyanalysis

EURJPY Bullish Setup: Waiting for the Optimal Retrace EntryThe EURJPY is currently in a strong bullish trend 📈🔥. I’m anticipating a retracement into the Fibonacci 50–61.8% zone 🔄, which aligns with the equilibrium of the current price swing ⚖️. This potential pullback could present an optimal entry 🎯 — provided we see a bullish break of market structure 🔓📊 during the move down. 🛑 Stops and targets, as discussed in the video, are shared for educational purposes only — this is not financial advice 📚🚫. Please ensure you do your own analysis and risk assessment 🧠📉.
Long
by fxtraderanthony
EURJPY: Bullish Trend ContinuationPrice remains in a strong uptrend, now trading above the 172.00 psychological level, targeting new liquidity above. D1 Key Levels: Support: 170.50 – 171.00 (daily demand zone + origin of breakout) Resistance: Hasn't found a ceiling yet. Next key levels are psychological round numbers (173.00, 174.00). H4 Demand Zone (Pullback Area): 171.20 – 171.50 Watch for retracement into this zone for a high-probability buy setup. H1 OB: 171.30 – 171.50 (clean mitigation zone) Monitor M15 for bullish BOS after price taps into this zone for confirmation. M15 Optimal Plan: Wait for pullback into 171.30–171.50 Confirm entry with M15 bullish BOS + displacement 🟢Entry Zone: 171.30 – 171.50 (after confirmation) SL: 170.90 TP1: 172.80 TP2: 173.50 TP3: 174.20 Breakout Alternative: If price rallies above 172.80 early in the week, look for a breakout entry on retest. Invalidation: H4 closes below 170.50
Long
by Dynamic-Dani
EURJPY–trend continuation, engulfing candle .. the week of 14/07Friday’s candle engulfed 2 previous days of price action. I interpret this as strongly bullish, especially since this happened in an already nicely bullish trend. However, the room to the upside it not unlimited - the ATH is at 175.421. We are likely to see sideways price action there due to some profit taking and maybe even some selling. IMO there are 2 possible options to get a 2R return: - we may get a pullback before the bullish trend resumes. - we drop down to the H1 chart and look for an opportunity to go long. Either way, in my opinion, the trade should be closed before the ATH. This is not a trade recommendation; it’s merely my own analysis. Trading carries a high level of risk so carefully managing your capital and risk is important. If you like my idea, please give a “boost” and follow me to get even more.
Long
by Trading_Vista
EUR/JPY Hits 12-Month HighEUR/JPY Hits 12-Month High As the chart indicates, the EUR/JPY pair has risen above ¥172 per euro — a level last seen in July 2024. Since early June, the exchange rate has increased by approximately 5.6%. This upward movement is driven by a combination of factors, including: → Divergence in central bank policy: The European Central Bank’s key interest rate remains significantly higher than that of the Bank of Japan, making the euro more attractive in terms of yield compared to the yen. → US trade tariffs on Japan: The potential imposition of 25% tariffs by the United States on Japanese goods poses a threat to Japan’s export-driven economy, placing downward pressure on the national currency. → Eurozone expansion and consolidation: News of Bulgaria’s potential accession to the euro area is strengthening investor confidence in the single currency. → Weakness in the US dollar: As the US Dollar Index fell to its lowest level since early 2022 this July, demand for the euro has grown, positioning it as a key alternative reserve currency. Can the rally continue? Technical Analysis of EUR/JPY For several months, the pair traded within a range of approximately ¥156–165 per euro, but has recently broken above the upper boundary of this channel. Based on technical analysis, the width of the previous range implies a potential price target in the region of ¥174 per euro. It is noteworthy that the rally gained momentum (as indicated by the arrow) following the breakout above the psychological threshold of 170, a sign of bullish market dominance. At the same time, the RSI has surged to a multi-month high, signalling moderate overbought conditions. Under these circumstances, the market may be vulnerable to a short-term correction, potentially: → Towards the lower boundary of the ascending channel (shown in orange); → To retest the psychological support around ¥170. That said, a reversal of the prevailing trend would likely require a significant shift in the fundamental backdrop — for example, progress towards a trade agreement between Japan and the United States. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
1
EURJPY: Trading Above Major QP 170. Strong Bullish Trend EJ broke above the key psychological level of 170.00, and has not found major resistance yet. Expecting a bullish trend continuation as long as price stays above 169. * M30 Bullish Choch * Creating new HHs and HLs * M30/H1 Bearish Break Block * M30/H1 Bullish FVG (50% filled) 🟢Entry: 168.40 – 168.60 Stop Loss: 168.00 TP1: 169.80 TP2: 170.50 TP3: 171.20 Breakout Option: If price pushes above 170.50 early in the week, consider breakout entry on retest. Invalidation: Bias shifts to neutral if H4 closes below 169.00.
Long
by Dynamic-Dani
EUR/JPY – Morning Star Reversal with RSI/MA Bullish ConfirmationTechnical Snapshot (1H Timeframe): ✅ Morning Star pattern at key support/resistance zone (169.90–170.00), indicating potential bullish reversal. 📈 Price holds above 55 EMA, confirming structure support and sustained uptrend. 💥 MACD Bullish Crossover signaling renewed upward momentum. 🔄 RSI crossover above its MA from the 50 level – a classic sign of buyer strength resuming. Bias: Bullish As long as price sustains above the EMA cluster and doesn’t close below the 170.00 zone, bulls are in control. Watch for a retest + push scenario for low-risk entries. This idea is for educational purposes only – not financial advice.
Long
by SLPHOBIA
1
EURJPY - Looking To Sell Pullbacks In The Short TermM15 - Strong bearish move. Lower lows on the moving averages of the MACD. No opposite signs. Currently it looks like a pullback is happening. Expecting bearish continuation until the two Fibonacci resistance zones hold. If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀 --------------------------------------------------------------------------------------------------------------------
Short
by VladimirRibakov
EUR/JPY 1H Analysis – Ascending Channel With Critical ResistanceThe EUR/JPY pair has been trending steadily inside a well-defined ascending channel, indicating bullish control over the past few weeks. However, price is now approaching a major horizontal resistance zone, aligning with the upper boundary of the channel — a critical area for potential breakout or reversal. 🔍 Chart Structure Breakdown: 🔹 1. Ascending Channel (Trend Continuation Structure) The pair is respecting both the upper and lower trendlines precisely, forming a bullish parallel channel. EMAs are aligned bullishly and acting as dynamic support. Price continues forming higher highs and higher lows, a classic uptrend behavior. 🔹 2. Horizontal Resistance Zone (Purple Box) The price is currently retesting a key horizontal resistance zone where sellers previously stepped in. This zone aligns closely with the upper channel boundary, increasing confluence. We could be witnessing a potential double top or a breakout build-up. 🔹 3. Volume Spike & Buyer Strength Recent candles show increased volume — a possible signal that institutions are preparing for a larger move. If volume increases further on breakout, it would confirm continuation. 🧭 Scenarios to Watch: 🟢 Bullish Scenario: A strong breakout above the purple zone with a full-body candle close could signal: A breakout from the ascending channel. Fresh bullish momentum possibly targeting the 170.800–171.500 zone. Ideal entry: On bullish retest of the breakout zone. SL below breakout candle; TP at upper Fibonacci extensions. 🔴 Bearish Scenario (Double Top Rejection): If price rejects the resistance zone again, forming a lower high or engulfing candle: Expect a short-term pullback toward the midline or lower channel, around 168.500–168.000. Bearish divergence with RSI or volume may confirm weakness. This would create a Double Top inside the channel, often leading to a deeper correction. 📌 Conclusion: EURJPY is at a make-or-break zone. The bullish structure remains intact, but the price must break and hold above the resistance to confirm strength. Until then, this could be a short-term exhaustion point. 🔄 Stay flexible. Watch volume, candle closes, and EMA behavior for confluence on your trade setup. This analysis and chart work are entirely original and created from my own observations and strategy. Any resemblance to other posts is purely coincidental. ⚠️ Disclaimer: This analysis is for educational and informational purposes only and does not constitute financial advice or a buy/sell recommendation. All views expressed are my own, based on personal technical interpretation.
by SLPHOBIA
The Correlation Between EURJPY and NASDAQ You Shouldn't IgnoreCurrently keeping a close eye on EURJPY — price action has been bullish 📈, showing a strong upward push on the daily timeframe 🕒. Right now, we’re seeing a bit of indecision 🤔, which is fairly typical for a Monday session as the market finds its footing. 🔍 I’m watching for continuation to the upside, as long as NASDAQ remains bullish. That said, NASDAQ is looking quite overextended 🧗, and a pullback could trigger a short-term retracement in the euro as well — these two tend to move in correlation 🔗, so keep a close watch on NAS100 for early clues. If EURJPY consolidates sideways ⏸️, and we then get a clear break of market structure to the upside 🚀, I’ll be looking for a long setup on the retest and failure of the range floor — textbook continuation play 🎯. As always, this is not financial advice — full breakdown in the video 🎥.
Long
by fxtraderanthony
EURJPYAs our followers may remember, we already secured a great profit on EURJPY. Now, we're once again waiting for price to revisit our key level — so we can potentially catch another high-probability setup. 📌 Always remember: The market is unpredictable. We're not here to predict — we're here to react, using technical analysis, clear setups, proper risk and trade management. ❌ If a level breaks, we don’t panic. ✅ Instead, we patiently wait for a pullback and take advantage of the next smart entry.
Long
by ForexCSP
EURJPY: A Big Move In Making, Please Share Your Views! Date: 22/06/2025 Hello everyone, I hope you’re all having a good weekend. As we previously discussed, we expected a sharp decline in Europe/JPY, but unfortunately, it didn’t work out in our favour due to the extremely bullish US dollar. This led to the crossing and invalidation of our two selling zones. Looking at next week’s price projection, we can confirm that the price is heading towards 170.50 and may be selling at this level. Therefore, we will be keeping a stop loss at 171.50. Once the trade is activated, we can set our target at 166.0, 163.50, and the final target will be placed at 158.50. If you like our work, please like our idea. Good luck and trade safely next week.
Short
by Setupsfx_
27
#EURJPY: Major Swing Sell +1100 Pips, One Not To Miss! The Japanese Yen (JPY) is most likely to continue its bullish trend, as the Dollar Index (DXY) is expected to decline due to the ongoing conflict between Israel and Iran. Historically, JPY and CHF, alongside gold and silver, have been favoured by global investors and remain bullish. Strong fundamentals and technical support further support our analysis. The 167-169 price region remains a critical point for sellers, where we anticipate significant selling volume. There are two entry points to consider: one near the current price and another slightly further away. Please monitor volume and use smaller time frames for entries. Our Swing Target is at 154, but you can also target smaller zones once the trade is activated. For instance, set take-profit levels at 164, 160, and finally, at 154. To encourage and support us, you can like the idea, comment on it, or share it. Team Setupsfx_ ❤️❤️🚀🚀
Short
by Setupsfx_
31
EURJPY: Buy The Dip Or Breakout ContinuationI'm looking to buy EJ... If price retraces early next week, monitor 167.40–167.70 zone for bullish reaction and confirmation. Wait for M15 bullish BOS after price taps 167.40–167.70. If confirmed, execute long entry from this discounted range. Entry: 167.40 – 167.70 Stop Loss: 167.10 TP1: 168.60 TP2: 169.20 TP3: 170 If price breaks and closes above 168.60, look for a retest for breakout continuation. Trigger: Break + H1 candle close above 168.60 Entry on Retest: 168.60 – 168.70 Stop Loss: 168.20 Target: 169.50 – 170.00 Invalidation: H4 structure break below 167.00 would weaken bullish outlook short term
Long
by Dynamic-Dani
EURJPY Long Opportunity EURJPY has Bullish market directionality and is currently on a retracement per the 4 hour charts. Potential entry location at 166,425 Bullish confluences include price trading above the 50 SMA, Bullish momentum from the RSI with the current indication of price sitting within the sweet spot region between 45-55 which signals the need of the retracement. Bullish market structure also present with Higher Low and respective Higher Highs 166,425 is also a break and retest zone which provides an extra layer of confluence from the 4 hour perspective, will be looking at how price action reacts to this level on the 1 hour/ 15min chart for a potential bullish signal.
Long
by Fides_Trading
EURJPY Long Position EURJPY is currently in a bullish trend from a higher timeframe perspective with the potential for a further long opportunity at the end of the current retracement. On the 1 hour timeframe, EURJPY is trading above the 50 SMA and is approaching the 55 zone of the RSI indicating the end of the retracement and continuation of the bullish trend. addition confluences include the breakout level at 166,566 being tested and the the bullish trendline at play... Will be looking for an entry at 166,566 with stop loss below structure, riding the bullish trend towards the 167,190 resistance zone.
Long
by Fides_Trading