EUR/JPY Channel Formation (6.08.2025) The EUR/JPY Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Channel Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 169.74
2nd Support – 169.25
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EURJPY trade ideas
Lingrid | EURJPY Trendline Breakout. Long From SupportThe price perfectly fulfilled my previous idea . FX:EURJPY is consolidating inside a tight range between 171.411 support and the downward trendline after rebounding from a higher low. Price is testing the upper boundary of this range, and a breakout could signal continuation toward the 172.800 resistance zone. Holding above 171.411 keeps the bullish bias intact, while rejection from the trendline could bring another retest of support. Momentum favors buyers if the breakout comes with strong volume.
📉 Key Levels
Buy trigger: Break and hold above 171.775
Buy zone: 171.411–171.775
Target: 172.800
Invalidation: Drop below 171.411
💡 Risks
Failure to break the downward trendline could spark a deeper pullback
Rejection at 172.800 could trigger range-bound movement
Weak euro sentiment from macroeconomic data may weigh on upside potential
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
EURJPY: Bullish Rebound from Key Demand ZoneEURJPY has bounced off a critical demand zone and is showing signs of a bullish recovery. Despite the recent pullback, the pair’s structure remains fundamentally and technically bullish, driven by JPY weakness and EUR resilience.
Technical Analysis (4H Chart)
Pattern: Price tested a strong demand zone near 170.35–170.50 and rejected it aggressively.
Current Level: 170.77, starting a potential bullish leg toward higher resistance levels.
Key Support Levels:
170.35 – key demand zone and invalidation level for bulls.
169.90 – deeper support if demand zone breaks.
Resistance Levels:
172.17 – first bullish target and interim resistance.
173.64 – major target if bullish continuation sustains.
Projection: A successful rebound from 170.35 could drive price toward 172.17 initially, then 173.64 if momentum holds.
Fundamental Analysis
Bias: Bullish.
Key Fundamentals:
EUR: ECB’s slower path toward easing supports EUR stability relative to JPY.
JPY: Weakness persists as BoJ maintains dovish bias, though FX intervention risk limits JPY downside speed.
Global Sentiment: Mild risk-on mood supports EUR strength against JPY.
Risks:
BoJ verbal intervention or actual FX intervention could trigger temporary JPY strength.
Sharp reversal in global risk sentiment could weaken EUR/JPY.
Key Events:
ECB speeches and data (CPI, growth updates).
BoJ FX comments and broader market risk appetite.
Leader/Lagger Dynamics
EUR/JPY is a leader among JPY pairs, often moving in sync with GBP/JPY and CHF/JPY. Its movement also tends to precede confirmation in risk-sensitive JPY crosses.
Summary: Bias and Watchpoints
EUR/JPY is bullish from the 170.35 demand zone, with a potential move toward 172.17 and 173.64. Key watchpoints include ECB communication, BoJ stance, and market risk sentiment. As long as 170.35 holds, bulls remain in control.
EUR/JPY Setup: Thief Trader's Stealth Bull Run to 173.000🔥💶 EUR/JPY Bullish Heist Plan 💶🔥
🧠 New Plan Unlocked – The EUR/JPY Bullish Mission is LIVE!
Thief Trader style means: No noise, no fluff — just pure sniper precision with layered limit orders. 🧤🔫
This isn’t trading… it’s a planned market robbery 💼💣
🧩 Asset: EUR/JPY
📊 Strategy: Bullish Bias with Stealth Layered Entries (Limit Order Gameplan)
🎯 Target: 173.000 — That’s the vault we’re cracking!
🛑 Stop Loss: 169.100 — Tight security, keep your escape route clean.
📍 Entry: No fixed door — we’re setting traps (limit orders) across key levels. Patience pays thieves.
Watch for pullbacks on lower timeframes: 15m, 30m, or even 1H — strike near support bounces & fakeout wicks. 🐍💥
🔍 Thief Logic:
This ain’t random — price is setting up for a high-stakes move north with JPY weakness fueling the getaway car.
Think smart, layer deep — sniper entries, not shotgun chaos. 🎯🔍
📌 Notes from the Safe House:
Trade with position sizing discipline – the market doesn’t owe you.
News events are motion sensors — avoid them or stay light! 🕵️♂️📉
Use trailing SLs once in profit — secure the bag and vanish. 💼💨
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This is Thief Trading — we don’t follow markets, we outsmart them. 🧠💵
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🔥 Tap Boost. Support the Heist. Run the Charts. #ThiefTrader 🧤💰
EURJPY Buyers In Panic! SELL!
My dear subscribers,
EURJPY looks like it will make a good move, and here are the details:
The market is trading on 172.25 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 171.49
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.
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WISH YOU ALL LUCK
EURJPY: Classic Bullish Pattern 🇪🇺🇯🇵
There is a high chance that EURJPY will continue growing.
A bullish breakout of a neckline of an inverted head & shoulders
pattern leaves clear bullish clues.
Next resistance - 171.9
b]❤️Please, support my work with like, thank you!❤️
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EUR/JPY Made Inverted H&S Pattern , Time To Buy And Get 150 PipsHere is my 2H Chart On EUR/JPY , The price created a very clear reversal pattern ( inverted head and shoulders pattern ) and the price closed above neckline so the pattern confirmed and we can buy it and targeting from 100: 200 pips , if we have a daily closure above 171.000 it will be a great confirmation telling us the price will continue to upside .
EURJPY Faces Repeated Rejection at Key ResistanceEURJPY Faces Repeated Rejection at Key Resistance
EURJPY has faced multiple rejections near the 172.30 structure zone, signaling strong resistance at that level.
If price continues to hold below 172.30, the likelihood of a deeper decline increases, as suggested by the current chart setup.
It’s also possible that EURJPY may retest the 172.00 zone before extending its drop toward the next support levels at 171.30, 170.90, and 170.00.
You may find more details in the chart!
Thank you and Good Luck!
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EURJPY: Rejection Block Support Fuels Bullish momentum!Greetings Traders,
In today’s analysis of EURJPY, recent price action confirms the presence of bullish institutional order flow. As a result, we aim to align ourselves with this directional bias by seeking high-probability buying opportunities that target the long-term highs, where a significant liquidity pool resides.
Key Observations:
Weekly Timeframe Insight:
Last week, price retraced into a weekly bullish Fair Value Gap (FVG), which has acted as a strong support zone. This reaction has initiated a bullish response across lower timeframes, validating the weekly FVG as a meaningful area of institutional demand.
H4 Bullish Market Structure Shift:
Following the weekly bounce, the H4 chart presented a clear bullish Market Structure Shift (MSS), signaling the onset of upward momentum. Price then retraced into an extreme discount, where it found support at a well-defined Rejection Block—an institutional array we expect to hold as a launchpad for further bullish continuation.
Trading Plan:
Entry Strategy:
Monitor the Rejection Block zone for bullish confirmation setups on lower timeframes (M15 and below) to validate potential long entries.
Target Objective:
The draw on liquidity remains at higher premium levels, with the liquidity pool above the long-term highs serving as our primary objective.
For a detailed market walkthrough and in-depth execution zones, be sure to watch this week’s Forex Market Breakdown:
As always, exercise patience, wait for confirmation, and maintain strict risk management.
Kind regards,
The Architect 🏛️📈
EURJPY–Rising Channel Weak High Reversal Setup/Targeting 166.00EURJPY on the Daily chart has been moving within a well-defined upward channel, but price is now testing a weak high near 174.025.
Key observations:
Head & Shoulders Structure: Formed earlier with three clear bottoms acting as strong historical support.
Bullish Trendline: Intact throughout the rally, now showing signs of slowing momentum.
Supply Zone: Overhead resistance aligning with channel top.
Potential Pullback: A break below recent highs could trigger a move toward the 166.017 target area.
Market Structure: Break of structure (BOS) and lower high formation could signal reversal.
📉 Bearish Scenario: Rejection from 174.025 and a breakdown below trendline support may lead to a deeper correction.
⚠ Invalidation: A daily close above 174.025 could extend the rally further.
Analysis is for educational purposes only, not financial advice.
EURJPY Double Bottom + Triangle Breakout | Expecting 172.900 In this time I am going to look a long in this pair because I can see a strong double bottom formation with strong demand area. After touching this demand zone, price bounced back and now making a triangle breakout.
The breakout from the triangle gives more power to the upside move, and I am expecting price to continue bullish till 172.900 level. After reaching this zone, I will wait to see how price reacts for next move.
This is just my view based on pattern and breakout.
DeGRAM | EURJPY exited from the channel📊 Technical Analysis
● EURJPY broke above the descending channel’s resistance line near 171.38, holding within an ascending wedge that favors bullish continuation.
● A sustained move above 172.17 opens the way toward 173.06, with intraday pullbacks likely retesting the breakout area for support.
💡 Fundamental Analysis
● The euro gained as ECB officials signaled no immediate rate cuts, while the yen remains pressured by Bank of Japan’s commitment to ultra-loose policy despite rising inflation expectations.
✨ Summary
Buy above 171.38; target 173.06. Setup remains valid while price stays above 171.00.
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EUR/JPY Rally From 170 - Can Bulls Get the Higher-High?Recovery week so far in EUR/JPY. Last week saw price plunge down for a test of the 170 handle and that played right around the BoJ rate decision. The response to that, however, was clearly Yen-weakness as EUR/JPY jumped up to the 61.8% Fibonacci retracement of the prior sell-off.
More interesting, however, was how the pair was hammered around and just after the Friday NFP report.
That EUR/JPY weakness held through the weekly open, but it was again the 170.00 level that bulls came in to defend, and since then, buyers have been pushing a bullish sequence via short-term price action and the door remains open for continuation.
The next big test is that 61.8% retracement that held the bounce last week. That plots at 172.30 and above that is the 172.50 psychological level, so that resistance can be approached as a zone. If bulls can chew through that the recovery takes on another level of attraction and the door opens wider for a run up to 173.00 after which the 173.90 prior high is exposed as next resistance. - js
EURJPY to hit 172.250 Market Correction EURJPY Long trade, with my back testing of this strategy, EURJPY will hit 172.250
This is good trade.
Don't overload your risk like Greedy gambler!!!
Be Disciplined Trader, what what you can afford.
Use proper risk management
Looks like good trade.
Lets monitor.
Use proper risk management.
Disclaimer: only idea, not advice
EUR/JPY REVERS AND FALL TO 167.000Price has hit a strong supply zone (resistance)
The market has reached a key supply zone, marked by the red shaded area.
This is where sellers previously entered the market aggressively, causing a sharp drop.
Price revisiting this zone suggests a possible rejection or distribution phase by institutional players, RSI is overbought
The Relative Strength Index (RSI) is currently around 73.21, above the 70 threshold → Overbought.
This indicates bullish momentum may be exhausted, and a potential reversal could happen soon.
If price makes a new high but RSI fails to follow → it may lead to a bearish divergence signal.
Trade idea (based on chart):
Sell Entry: 172.00–172.20
Stop Loss: Above 172.40
Take Profit 1: 170.00
TP 2: 168.00
TP 3: 166.99 (final demand zone).
DO YOU AGREE WITH THIS?
EURJPY Will Go Down From Resistance! Short!
Please, check our technical outlook for EURJPY.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 170.468.
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 168.585 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Bullish bounce off?EUR/JPY has bounced off the pivot which has been identified as an overlap support and could rise to the 1st resistance.
Pivot: 169.75
1st Support: 168.06
1st Resistance: 171.62
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