Get started

Euro / Japanese Yen

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

EURJPY trade ideas

EURJPY - 4hrs ( Sell Trade Target rage 400 PIP ) 🟢 Pair Name :EUR/JPY Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ 🟢 Key Technical / Direction ( Short ) ——————————— Bearish Break 162.500 Area Reasons - Major Turn level - Visible Range Poc - Pattern Break - Strong Low Break - Day / week low Break - Choch Area Bullish Reversal 158.000 Area Reasons - Major turn level - Visible Range Hvn - Pattern Target - Fibo Golden - Major Choch
Short
by GoldenEngine
5
EURJPY → Support breakdown. Attempt to change the trendFX:EURJPY seeks to renew lows. The dollar rally is negatively affecting both JPY and EUR. The Eurozone has yet to face Trump's policies, while Japan is already going through a rough patch.... The currency pair is exiting the ascending channel, hinting at a trend change. The price breaks support and consolidates in the selling zone. Ahead is the key support at 161.2, the breakdown of this zone may provoke the bears to more active actions. Technically and fundamentally, the currency pair is entering the downward rally phase, so the trend change is just the beginning.... Resistance levels: 162.04, 162.5, 163.2 Support levels: 161.16, 158.4 The focus is on the channel boundaries, resistance at 162.04 and support at 161.16. From these zones an aggressive fall may be possible, as buyers do not believe in a positive outcome at the moment Rate, share your opinion and questions, let's discuss what's going on with ★ FX:EURJPY ;) Regards R. Linda!
Short
by RLinda
3
EurJpy Trade Idea I personally just took some shorts on EJ to get the week started ! EJ was in a small range before retesting a level at 165 while still being bearish on the higher time frame. Price not only flipped bearish on the higher time frame but also crashed back below a daily level of resistance. Smaller time frames gave a clean flip at the daily level of resistance with the bullish run after the pullback being over. I'm looking for a 1:3rr on this set up. If all goes well price could tap back into the low at 162.300. We'll see what happens.
Short
by OfficialJ23
1
EUR/JPY Bearish Setup: Supply Zone Rejects, New Lows in Sight!After a significant bearish move, price is consolidating and appears to be respecting the supply zone, suggesting a continuation of the downtrend. Support Levels: Immediate target support at 162.263. Extended target at 160.207. A potential bearish scenario with price rejecting the supply zone, targeting the mentioned support levels. Take Profit (TP): TP1: 162.263 (first support level). TP2: 160.207 (extended support level).
Short
by TopGBanks
1
EURJPY bottomed on the 1D MA50. +5.40% upside potential.The EURJPY pair has been trading within a Channel Up pattern since the September 16 Low. Yesterday it made a Higher Low on the 1D MA50 (blue trend-line) and rebounded. This is identical to the post December 07 2023 Channel Up, which was also supported by its 1D MA50 until its very top (July 11 2024). The 1D RSI sequences between the two fractals are also similar and even more importantly the Channel Up patterns appear to have a high degree of symmetry. So far the two Bullish Legs have risen by +5.40%. As a result, we are expecting another +5.40% from yesterday's bottom, so our Target is just below it at 170.000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
1
EURJPY to find buyers at current swing low?EURJPY - 24h expiry We are trading at oversold extremes. This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher. Preferred trade is to buy on dips. The hourly chart technicals suggests further downside before the uptrend returns. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Although the anticipated move higher is corrective, it does offer ample risk/reward today. We look to Buy at 162.20 (stop at 161.18) Our profit targets will be 164.70 and 164.95 Resistance: 164.90 / 167.40 / 170.90 Support: 162.45 / 159.40 / 154.40 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
EUR / JPY DAILY LONG OPPORTUNITY. DESCRIPTION EUR JPY has rejected from a strong demand zone to the left and formed a text book formation of a head and shoulder pattern . price ATM has the potential of retesting the neckline of the H&S pattern , and if so probability is there for a potential long with different entry methods. Will personally look to enter if the price comes down to 163.500 level in either of London / New York session. If price does go long after retest and opportunity is missed there will be other opportunity to buy using different entry methods , which will be updated as we go along and how the markets behave.
Short
by rubinGrg
1
EURJPY 12/13-Nov-2024 Possible Day trading Idea EURJPY Day trading Idea 1.EURJPY is in a bullish trend 2.I am looking for buys on a HL 3.Current trend is Pro trend 4.Price recently broke above previous H, formed a new H. left out a clean consolidation range before breakout. (In higher timeframes this will appear as OB) By highlighting the recent BOS; HH; recently formed HL, i can apply the FIB levels to identify the possible entry point where price has already reacted to it. but going down to LTF we can identify a MSS, and another possible area for entry. Proper risk management can be applied, This is a B setup trade. BOS-->HH-->HL---> Look for discounted prices for HL
Long
by Ocean98
8
EURJPY SHORT 200PIPSKey Levels: Resistance Zone: Identify a strong resistance level where price shows repeated rejection (e.g., Fibonacci retracement level, previous swing high). Support Zone: Ensure the 200-pip target aligns with a significant support zone or pivot area. Indicators: RSI/Overbought: Look for RSI divergence near overbought levels (>70). Trend Indicators: Check moving averages (e.g., 50 EMA and 200 EMA crossover) to confirm a bearish bias. Chart Patterns: Patterns like double tops, head & shoulders, or a trendline break may provide confirmation. Example Setup: Entry: Near a resistance zone at 158.50 (example level). Stop Loss: 50 pips above at 159.00. Take Profit: Near 156.50 (200-pip range). 2. Fundamental Factors Monitor: JPY Fundamentals: Look at Japanese monetary policy or interventions from the Bank of Japan, as they often impact JPY pairs. EUR Sentiment: Analyze ECB statements, European economic data, or geopolitical news that could weaken the euro. Risk Management With a 1:4 risk/reward ratio, this setup is attractive if it aligns with broader trends. Use position sizing to limit exposure to 1-2% of your trading capital per trade.
Short
by LORDOFTHETRADERS