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EURJPY trade ideas

+300/+500 pips EURJPY Swing Trade Setup H4 TF🏆 EURJPY Market Update H4 chart 📊 Technical Outlook 🔸trading in well defined range 🔸Short-term: BULLS final pump 🔸Mid-term: BEARS 158.00 🔸Status: REVERSAL from S/R 🔸163.50/165.00 heavy resistances 🔸158.00/156.00 key s/r zones below 🔸Price Target Bears: 158 🔸Price Target BULLS: 1140/1160 🔸strategy: SHORT SELL 163.50 🔸SL 75 pips TP1 +300 pips TP2 +500 pips 🔸swing trade setup for patient traders 📊 Forex Market Update (April 23, 2025) 🇪🇺 EUR/USD 📉 Price: ~1.1380 💪 Pressure from strong USD 🔻 Weak German PMI; ECB may cut rates ⚠️ Key Levels: Support 1.1300 | Resistance 1.1400 🇬🇧 GBP/USD 📉 Price: ~1.3300 (Down from 7-month high at 1.3424) 🇺🇸 USD rebound on Trump's comments 🏦 Market cautious on BoE policy ⚠️ Key Levels: Support 1.3280 | Resistance 1.3420 🇺🇸 DXY (US Dollar Index) 📈 Price: 99.18 (Recovering from recent low 97.92) 🗣️ Boosted by Trump reassurance on Fed leadership ⚠️ Remains pressured by trade tensions & Fed concerns 📌 Key Levels: Support 95, 90 | Resistance 101, 107 🔔 Market Volatility Alert: Watch for geopolitical updates & central bank news closely!
Short
by ProjectSyndicate
12
EURJPY: Short Setup with Target Zones in FocusEURJPY outlines a clear W-X-Y corrective pattern. Wave (W) ended at 161.297 , followed by an upward corrective move in Wave (X), which topped at 162.665 with a classic ABC formation. Currently, the price is hovering around 162.084, likely forming Wave B of the final Y leg. A brief move higher could complete this B wave before the pair resumes its decline toward the 160.922–160.680 area, which marks the projected end of Wave C of (Y). The broader correction is framed by two descending blue trendlines, providing dynamic resistance and support, while a short-term red ascending trendline is currently holding the price action but may soon give way. If the price stalls or rejects around the 162.3–162.5 zone, it could signal the start of the next leg down, making it a potential setup for short positions. After the reversal from Wave Y, potential upside targets are 161.600, 162.500 , and 163.100 . We will update it soon!
by Money_Dictators
1
EURJPY --- bullish or bearish detailed analysis EURJPY is currently offering a high-conviction long opportunity as the pair completes a classic falling wedge breakout pattern on the daily timeframe. Price is now trading around 162.45 and has just broken out of a well-defined descending trendline, validating the bullish momentum shift. With the recent higher low formation and the wedge breakout confirming bullish market structure, the next leg toward the 167.36 zone is on the table, aligning with a clean resistance level and historical price reaction zone. Fundamentally, the Euro is underpinned by the ECB’s cautious stance on rate cuts, as inflation in the Eurozone remains above the 2% target. Meanwhile, the Japanese Yen continues to weaken amid growing divergence between the Bank of Japan’s ultra-loose monetary policy and other global central banks maintaining relatively tight conditions. BoJ’s reluctance to tighten, combined with consistent intervention threats, hasn’t been enough to halt the Yen’s decline, making EURJPY an attractive long in the current macro backdrop. Technicals align perfectly here—after a solid rally from the wedge bottom, EURJPY consolidated in a descending channel and has now broken out for a second time, repeating a bullish continuation pattern. The structure remains clean with clear invalidation below 161.26, offering a strong reward-to-risk ratio on continuation toward 167+. The multiple confluences of trendline breakouts, bullish market structure, and macro divergence make this a premium swing setup. Highly searched keywords like “EURJPY breakout,” “falling wedge pattern,” and “JPY weakness” will drive additional traffic to this idea. With both price action and fundamentals in sync, this trade idea is structured to maximize upside potential while keeping risk controlled. A clean, strategic long setup that reflects disciplined execution and market awareness.
Long
by AndrewsMarket-Mastery
2
Bearish reversal off pullback resistance?EUR/JPY is rising towards the pivot which has been identified as a pullback resistance and could drop to the 1st support. Pivot: 163.11 1st Support: 161.32 1st Resistance: 164.01 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
Bullish bounce?EUR/JPY is falling towards the pivot which acts as an overlap support and could bounce to the 1st resistance which is also an overlap resistance. Pivot: 160.89 1st Support: 159.93 1st Resistance: 162.23 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
2
EURJPY Massive Long! BUY! My dear friends, EURJPY looks like it will make a good move, and here are the details: The market is trading on 161.30 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 - 161.68 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
GOLDMASTER1| EURJPY ANALYSIS BREAKDOWN--- 📉 MARKET ANALYSIS BREAKDOWN: EUR/JPY - BEARISH OUTLOOK In this chart, we observe key points for a potential downward move in the USD/JPY pair: 1. Bearish Order Blocks: The highlighted regions indicate strong resistance areas where price could reverse to the downside, around 162.093 and 162.000. 2. Structure Shifts: We see a Change of Character (ChoCH) and Break of Structure (BOS) signaling a trend shift. 3. Equal Lows (EQL): The price seems to be reacting around these levels, with a potential for further downside. 4. Fair Value Gap (FVG): A possible target around 161.779 for price action to fill in. 5. Expecting a drop: Price is likely to move towards the lower levels of 161.368 and 161.003, as indicated by the chart projection. 📉 Always consider risk management and check your setups before executing any trades. GOLDMASTER1---
Short
by Goldmasters1
EURJPY Eurozone: European Central Bank (ECB) Current Head: Christine Lagarde (President since November 2019) Recent Policy Stance: On April 17, 2025, the ECB unanimously decided to cut its three key interest rates by 25 basis points, including the deposit facility rate, signaling a dovish monetary policy stance aimed at supporting growth amid deteriorating economic outlook and rising trade tensions. Inflation in the euro area is declining and expected to settle around the 2% medium-term target, with wage growth moderating and services inflation easing. However, the ECB remains data-dependent and cautious, emphasizing a meeting-by-meeting approach without committing to a fixed rate path. The rate cut reflects concerns about weakening growth and tighter financing conditions due to global uncertainties and trade tensions. Directional Bias: The ECB is currently easing monetary policy, indicating a dovish bias to stimulate growth and ensure inflation stabilizes sustainably at target. This suggests a softer euro in the near term, as rate cuts typically reduce currency appeal relative to higher-yielding currencies. Japan: Bank of Japan (BoJ) Current Head: Haruhiko Kuroda (Governor since March 2013; note: no recent change indicated in the search results) Policy Context (inferred from current macroeconomic environment and typical BoJ stance): The BoJ has historically maintained an ultra-loose monetary policy with negative interest rates and yield curve control to support inflation and economic growth. Given global uncertainties and persistent low inflation in Japan, the BoJ is likely to maintain or cautiously adjust its accommodative stance. Directional Bias: The BoJ’s policy remains highly accommodative/dovish, aiming to stimulate inflation and growth. This generally keeps the Japanese yen relatively weaker compared to currencies of countries tightening monetary policy. However, if global risk aversion rises, the yen may strengthen as a safe-haven currency. Summary Table Central Bank Head Recent Policy Action Directional Bias Likely Currency Impact European Central Bank Christine Lagarde 25 bps rate cut (April 2025) Dovish, easing Euro likely to weaken near term Bank of Japan Haruhiko Kuroda Maintains ultra-loose policy Dovish, accommodative Yen generally weak, but safe-haven demand possible Conclusion The ECB under Christine Lagarde is easing policy with rate cuts to address slowing growth and inflation nearing target, signaling a dovish bias that may pressure the euro lower in the short term. The BoJ under Haruhiko Kuroda continues an accommodative stance to stimulate inflation, keeping the yen subdued except during risk-off episodes when it can strengthen as a safe haven. Investors should watch incoming data closely as both central banks emphasize data dependency, making their future moves contingent on inflation and growth developments amid global uncertainties.
by Shavyfxhub
EUR/JPY Technical Outlook: Poised for Breakout Above 162.60The EUR/JPY trades higher ahead of ECB monetary policy today. It hits an intraday high of 162.57 and is currently trading around 162.45. The intraday outlook is bullish as long as the support 161.50 holds. Technical Analysis: The EUR/JPY pair is trading above 34, below 55 EMA and 200-4H EMA in the 15 min chart. Near-Term Resistance: Around 162.60 a breakout here could lead to targets at 163/163.30/164.20/165/166.65/167. Immediate Support: At 162 if breached, the pair could fall to 161.50/161/160.50/160/ 159.25/158.85/158.25. Indicator Analysis 1-hour chart): CCI (50): Bullish Average Directional Movement Index: Bullish Overall, the indicators suggest the bullish trend Trading Recommendation: It is good to buy on dips around 162.38-40 with stop loss at 162.750 for a TP of 164.18.
Long
by FxWirePro
EUR change to bullish which will leads for strong bullish trend Hello Traders, straight to the point we all saw the strong bearish pattern for the head and shoulders which indicates strong bearish movement and change in the trend however ! that was before the trade war that changes every thing and the way the market react is very clear we all saw strong movement on the bearish pairs and the opposite *i saw strong gab to the down side was easily recovered and closed and continue to grow the up trend *strong double bottoms and retest *i break and close above the trend line will give us very clean move to the 170 again *fake break and close under the trend line another clean move to the 161 and you how do you see the next move ? please share your ideas and tell me what could work better
Long
by TONYMONTANA87
4
EURJPY breakout setup: 969 pip move ahead?EURJPY has traded sideways for 257 days, forming a descending triangle. A breakout could trigger a move of nearly 1,000 pips. We discuss bullish and bearish scenarios, trade setup, risk-reward, and what could trigger the move. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
by ThinkMarkets
2
EUR/JPY Short Setup – Bearish Reversal Targeting 161.134 with TiEMA 30 (red): Currently at 162.470 EMA 200 (blue): Currently at 162.071 Trade Setup: Entry Point: Around 162.978 Stop Loss: Slightly above 163.016 (highlighted in purple zone) Target (Take Profit): 161.134 (labeled as “EA TARGET POINT”) Analysis: Trend: The pair has been trending upwards recently, as shown by the price staying above the 200 EMA. Current Price: 162.604, just below the proposed entry. Risk/Reward: Risk: ~3.8 pips (entry to stop loss) Reward: ~184.4 pips (entry to target) This implies a favora
Short
by EA_GOLD_MAN_COPY_TRADE
5
EUR JPY #0007 Long Swing Trade- The trade is heavily reliant on the liquidity pools exist along the structures - Fair Value Gap coupled by an order block indicates an Imbalanced in price movement. - Multiple failed attempts to break the Intra-Liquidity Pools (towards Bullish), indicating exhaustion in the bullish bias. - customary, a fair value gap presents an imbalance in price, where the market will react to it by a set of corrections, and we aim to capitalize on that. - The Buy Limit is placed at the price within the order blocks and SL is placed outside the Larger Liquidity Pool,s giving enough room for price "play-around". - TP target will be on the Larger Liquidity Pools - Trade is Swing in Nature.
Long
by NaimEdelweissFX