EURJPY trade ideas
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
EUR/JPY Short Setup โ 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 โEA TARGET POINTโ)
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
Buy EURJPY
The jpy pairs real value as been clear since last month but tho to different factors such as USA trade war and other .. it asn't been able to move according to its value .. buy EUR and CAD as managed to show it's value will all that as happed since last month ... It's well positioned for a strong buy whenever jpy choose to go up
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.
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Falling towards 61.8% Fibonacci support?EUR/JPY is falling towards the pivot which has been identified as a pullback support and could bounce tot he 1st resistance which acts as a pullback resistance.
Pivot; 160.52
1st Support: 159.67
1st Resistance: 162.16
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.
EUR/JPY Eyes Breakout โ Can Bulls Push Through Resistance?EUR/JPY Weekly Chart Analysis
EUR/JPY is holding strong above a rising trendline thatโs acted as support since 2022. The pair recently bounced from a key support zone and is now testing a major resistance area.
A breakout above this zone could trigger a bullish continuation, while rejection may lead to another pullback toward the trendline.
Key Levels:
Support: 153.5โ155.0
Resistance: 163.5โ165.0
Watch for: Weekly close above resistance for bullish confirmation.
Structure remains bullish as long as the trendline holds.
EUR/JPY Technical Outlook: Demand Zone Bounce Sets Up RallyGood Morning Traders,
Trust you are good.
Below is my analysis of the EURJPY pair.
Overview
Price is currently at 161.243, showing signs of a bullish rebound following a sharp drop. A clear bullish structure is forming, characterized by higher lows and a breakout from a recent consolidation zone. The demand zone between 160.900 and 161.100 has held strong, acting as a reliable support level.
Idea
A recent bullish impulse broke above minor resistance, followed by a healthy retracement into the demand zoneโshaping a potential bullish flag or continuation pattern. This retracement aligns with the 50% Fibonacci level, providing added confluence for a continuation to the upside.
The projected target is 164.174, a level likely to contain buy-side liquidity and act as a magnet for price in the short term.
Conclusion
Despite macro uncertainty due to ongoing trade tensions, recent news of a 90-day tariff pause from Trump has eased some pressure, allowing the EUR to show resilience. As a result, EUR/JPY may continue its bullish push toward the 164.174 target. However, a break below 160.245 would invalidate this outlook.
Cheers and happy trading!
"EUR/JPY Trendline Break & RBR Zone Setup"๐น Trendline Breakout
* โ๏ธ A descending trendline was clearly broken
* ๐ This signals a shift from bearish to bullish sentiment
* ๐ Potential for a strong move upward
๐ต RBR Zone (Rally-Base-Rally)
* ๐ฆ Marked as a demand zone
* ๐งฒ Price dipped into this zone and bounced โ bullish sign!
* โ
Ideal entry area for long trades
๐ฏ Target Point: 164.208
* ๐ This aligns with a previous swing high
* ๐ฏ Potential move: +309.8 pips / +1.92%
* ๐ฅ
Clear bullish target if the momentum holds
๐ Stop Loss: 160.455
* ๐งฑ Placed just below the demand zone
* ๐ก Gives the trade breathing room
* ๐ Risk-managed setup
๐ Indicators & Price Action
* ๐ Current Price: 161.443
* ๐ Above the DEMA (9) = Short-term bullish
* ๐ข Price action supports long entry
Summary
* ๐ Bias: Bullish
* ๐ฏ Target: 164.208
* ๐ Stop: 160.455
* โ๏ธ Risk-Reward: Excellent (R:R โ 1:3+)
Risk OFF = further JPY strength? Yes - SELL EURJPYAll the information you need to find a high probability trade are in front of you on the charts so build your trading decisions on 'the facts' of the chart NOT what you think or what you want to happen or even what you heard will happen. If you have enough facts telling you to trade in a certain direction and therefore enough confluence to take a trade, then this is how you will gain consistency in you trading and build confidence. Check out my trade idea!!
www.tradingview.com
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.
EUR/JPY Continues to Oscillate Within a Broad Sideways RangeThe euro has appreciated more than 1.5% against the Japanese yen over the last two sessions, and the growing bullish momentum in EUR/JPY has been driven mainly by renewed confidence in the euro following the recent weakness in the U.S. dollar. Additionally, the yen has come under downward pressure due to a reduction in safe-haven demand, prompted by Trumpโs recent comments suggesting a pause in most tariffs targeting dozens of countries previously threatened in recent weeks. As the trade situation begins to stabilize, bullish pressure on EUR/JPY could become increasingly relevant in the short term.
Broad Sideways Range:
Since early August, a key sideways channel has taken shape, with resistance near 164.879 and support at 156.576. The price has tested both levels on multiple occasions but has so far failed to break out of this long-standing range. For now, this remains the most important technical formation to watch in upcoming trading sessions.
MACD:
The MACD histogram has approached the zero line and could be setting up for a bullish crossover, which may signal that the moving average momentum is starting to shift in favor of buying pressure. As the histogram moves further away from the neutral level, bullish momentum may gain even more significance on the chart.
TRIX:
The TRIX indicator line continues to oscillate above the zero line, indicating a prevailing bullish impulse. If the line continues to rise, this could lead to a stronger bullish momentum developing in the short term.
Key Levels:
164.879 โ Upper Range Resistance: This level marks the top of the broad sideways channel and remains the most important resistance in the short term. Price action near this area may continue to reinforce bullish sentiment and could pave the way for a short-term uptrend.
160.655 โ Near Support: A mid-range barrier that aligns with the 100-period simple moving average. Continued price action near this level may reinforce the current neutral range, keeping the existing structure intact.
156.576 โ Major Support: This level corresponds to the lowest prices in recent months. A clear breakdown below this level could trigger a relevant bearish breakout, opening the door to a new downward trend.
By Julian Pineda, CFA โ Market Analyst
EURJPY Short Term Buy Idea Update!!!Hi Traders, on March 27th I shared this idea "EURJPY - Expecting The Price To Bounce Higher Further"
Expected bullish continuation higher until the two Fibonacci support zones hold. You can read the full post using the link above.
Price is moving as per the plan!!!
Price respecting the second Fibonacci support zone and bounces higher. My bullish view still remains.
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURJPY Will Go Down! Short!
Here is our detailed technical review for EURJPY.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 161.313.
The above observations make me that the market will inevitably achieve 160.605 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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!
Heading into 61.8% Fibonacci resistance?EUR/JPY is rising towards the pivot and could drop to the 1st support.
Pivot: 161.18
1st Support: 159.92
1st Resistance: 162.16
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.
EURJPY: Bullish Continuation
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the EURJPY pair price action which suggests a high likelihood of a coming move up.
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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