EURJPY trade ideas
STOP LOSS HUNTING STRATEGY 8.8% OR 10% REWARDSHORT AT STATISTICAL STOP LOSS FROM MAJORITY
Will short at where most put their stop loss. This strategy is valid for me because this forex pair is indicating a bearish sentiment and the strongest ever recorded. But there is no previous statistics on such a price action. So I will short your stop loss which is around 160-167 (Aggressive account) and 170.5 (Buy and hold account).
I have no believe in a bearish continuation beyon that, it will just carry on going bullish and I'm not interested into shorting or buying this premium as it was bullish for decades and will not offer an exit strategy and/or a decent Stop Loss size
Factors of confluence:
- Anchored VWAP 0.618 above
- Monthly SIBI Fair Value Gap acting as strong resistance
- Previous POC levels
Take Profit:
- EMA200 Weekly chart
- Previous Fair Value Gap level
- Previous Month POC of June 2023 that hasn't been retested and had a strong bullish candle
- Quarterly Q1 Pivot Support Levels
EURJPYThe upcoming fundamental data and events that could affect the EUR/JPY trade directional bias include:
Eurozone Flash PMIs (February 21, 2025):
Manufacturing PMI: Expected to provide insights into the health of the manufacturing sector.
Services PMI: A strong services sector can bolster the euro, while weakness may lead to bearish sentiment.
Impact on EUR/JPY: Stronger-than-expected PMIs could support the euro against the yen, leading to a bullish bias for EUR/JPY. Conversely, weaker PMIs might lead to a bearish outlook.
Bank of Japan (BoJ) Monetary Policy Meeting (February 19, 2025):
The BoJ's stance on interest rates and inflation will be closely watched. Recent GDP growth data indicates a robust economy, which may lead to speculation about potential rate hikes.
Impact on EUR/JPY: If the BoJ signals a more hawkish approach or hints at future rate increases, it could strengthen the yen against the euro, resulting in a bearish bias for EUR/JPY.
European Central Bank (ECB) Commentary:
Recent comments from ECB officials regarding potential rate cuts may weigh on the euro.
If the ECB maintains a dovish stance while the BoJ turns hawkish, this could lead to further declines in EUR/JPY.
Current Market Sentiment. The recent decline following Japan's robust GDP report indicates a stronger yen, which may continue if economic data supports this trend.
The bearish sentiment towards EUR/JPY due to deteriorating Eurozone growth expectations relative to Japan.
Technical Analysis
Support and Resistance Levels: The pair is currently testing key support levels. A break below these levels could trigger further selling pressure.
Conclusion
The directional bias for EUR/JPY next week will largely depend on the outcomes of the Eurozone PMIs and the BoJ's monetary policy meeting. Strong economic indicators from Europe could bolster the euro, while hawkish signals from Japan may strengthen the yen. we will closely monitor these developments and adjust our positions accordingly based on market reactions to key data points.
ideaThis Analysis Can Change At Anytime Without Notice And It Is Only For educational Purpose to Traders To Make Independent Investments Decisions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView
I'm waiting for a good drop on the chart.It is at a historical ceiling where resistance is very strong. I expect a return to the 170 range and a market decline. Our main target is 9%. There is a possibility of a decline of up to 20% in the long term. The decline is probably as low as 20%. I am taking profit with a stop.
1- Break of the uptrend line
2- Start of the bearish phase
3- Retracement to the 86% Fibonacci line in the bearish phase
4- Start of our short position and receive 9% of the chart
OANDA:EURCAD
EURJPY 100 pips sell signal This sell is based on the pullback seen on the chart, keep in mind major news coming today and could affect this
a long term idea on eurjpythis idea make take a long time to happen but it worth it
I believe the long term trend on yen pairs are gonna be bearish
EURJPY BullishEURJPY has been on a range.
158.50 with FVG is a possible entry to go long.
157.50 maybe a even better entry for those who are patient
167 maybe the 1st target.
EURJPY: Get Ready For The Next MovementEURJPY: Get Ready For The Next Movement
The EURJPY has completed a bullish harmonic pattern and has tested a strong support and psychological zone near 156.00. Despite initial weakness, EURJPY recovered very well.
The JPY's strength has been bolstered by market uncertainty related to tariffs, driving volume towards safe-haven currencies like the JPY.
Currently, the EURJPY appears to be stabilizing, suggesting for a potential correction for the moment. The bullish trend may resume during next week after the price spends some time in correction.
You may find more details in the chart!
Thank you and Good Luck!
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EUR/JPY Bias: Bearish📉 Bias: Bearish
📍 Target: Yearly Fair Value Gap (FVG) below
🕵️♂️ Analysis:
Daily TF: Price has completed an inducement grab ✅
Expectation: Price to tap into the bearish Order Block (OB) 🔄
HTF Move: Liquidity grab expected before further drop 🌊📉
🎯 Plan: Wait for price to react at the OB and look for confirmations before entering a short position. 🚀📊
EURJPY The Week Ahead 17th Feb 25The EURJPY price action sentiment appears bearish, supported by the longer-term prevailing downtrend.
The key trading level is at 161.30, 50 Day Moving Average level. An oversold rally from the current levels and a bearish rejection from the 161.30 level could target the downside support at 158.85 followed by 15687 and 156.00 levels over the longer timeframe.
Alternatively, a confirmed breakout above 161.70 resistance and a daily close above that level would negate the bearish outlook opening the way for further rallies higher and a retest of 162.76 resistance followed by 163.70 levels.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Bearish Momtentum expected EURJPY Sell PositionBearish Momtentum expected EURJPY Sell Position is expected based on Potential reversal zone and behavior of market.
EURJPY SHORT TO 152.000My insight on EURJPY is short due to lower Highs being created on a bigger TF showing that pricing is trending downwards.
Intraday Trade: EURJPY SELLTrend in H4 is downtrend
There is a reversal on H1 aligning with the higher TF trend
Entry: 159.624
SL: 160.432
TP: 158.006
Trade with your own risk
Not a financial advise
OANDA:EURJPY
BUYING TRADE SPECULATION The chart currently is forming head and shoulders, Signaling bullishness of the EUR to JP, what's your take on this ?
SHORT TRADE SPECULATION Hey traders, could this be a selling opportunity for the EJ ? I have been waiting patiently for the pull back to take form under 4H, what is your opinion guys ?
$EURJPYA possible retrace towards the 161.114 - 161.596 zone could be possible at the current price level. Price could breach lower before this happens. However, I like the potential retest of the current high being that a recent low has been broken.
EURJPYShort Fundamental Analysis – GBP/JPY
1. Context
• Bank of England (BoE)
• Maintains relatively high interest rates in an effort to bring down persistently elevated inflation.
• Ongoing discussions about whether the BoE will continue rate hikes or pause if economic growth shows signs of slowing.
• Bank of Japan (BoJ)
• Continues its ultra-loose monetary policy with near-zero interest rates, limiting the yen’s yield appeal.
• While minor adjustments are possible (e.g., yield curve control tweaks), there is no clear signal yet of a decisive shift toward tightening.
2. Possible Direction
• Bias: Bullish for GBP/JPY, largely due to the significant interest rate differential. The pound tends to benefit from BoE’s hawkish stance, while the yen remains under pressure from the BoJ’s accommodative policies.
• Alternate Scenario:
• If the BoJ unexpectedly hints at rate hikes or abandons yield curve control, it could spark a sharp downward correction in GBP/JPY.
• Weaker-than-expected UK data (e.g., disappointing inflation or growth figures) might also reduce the pair’s upward momentum.
3. Factors to Watch This Week
1. BoE Speeches & UK Data
• Inflation reports, GDP releases, and employment statistics that could reinforce or diminish BoE hawkishness.
2. BoJ Policy Communications
• Any sign of a more hawkish approach or surprising policy changes may strengthen the yen.
3. Global Risk Sentiment
• Heightened uncertainty can sometimes boost JPY as a safe-haven currency, though GBP typically benefits from higher rates when investors seek yield.
4. Overall Conclusion
• GBP is supported by a relatively hawkish BoE, though the UK economy faces inflationary pressures and potential growth concerns.
• JPY stays vulnerable under the BoJ’s ultra-accommodative regime, unless a sudden policy pivot occurs.
• In the near term, GBP/JPY is likely to remain on an upward path, barring a surprise move from the BoJ or significantly weaker UK macro data.
Disclaimer
This analysis is provided for educational purposes only and does not constitute trading advice. Financial markets can be volatile and carry significant risks. Always align decisions with your own risk tolerance and consult reliable sources before making trading choices.
Scenario on EURJPY 13.2.2025As far as EURJPY is concerned, if I wanted to take a short, the first target is the sfp above the level of 161.95-162.3, then around the main resistance with longs, I would see it as follows, and the first possible target is the sfp below the monthly level, which is located in the price zone of 157.917, then below the current sfp.
EURJPY - ClearwaterOn a macro perspective we have the same view on the Eurozone : weak growth, neutral rates, lower inflation, etc. The EURO is an unattractive currency and is unlikely to find new buyers in 2025 at least until H2.
On the technical side of things this trade is remarquable :
1. Head and Shoulder pattern
2. Death cross + retest of 50 MA
3. 4 touches of 155-156 area (likely to break anytime soon)
These are all beautiful confirmations of a trend reserval.
Stay safe with your position and always remember the bigger picture.
SELL EURJPYEURJPY SELL at 160,740. This trade is based on a possible creation of a falling channel. Price seems to be respecting the boundaries set, let see how it reacts at 160,740. Targeting 157,9
Pattern Identification ExerciseHere I run through an exercise I first started carrying out around 4 years ago. It is a brilliant tool to help train yours eyes to spot patterns within the market, log the data across multiple different instruments and find specific characteristics with that instrument.
The importance behind carrying out an exercise like this is training your lens to spot these in the live markets, and also stacking your confidence so when you see these develop you are able to approach them in the best way possible.
Any questions just drop them below 👇
