EUR/JPY 4H Chart Analysis – Gap Fill Incoming?EUR/JPY 4H Chart Analysis 🏆📊
🚀 Current Price: 162.308
📍 200 EMA: 162.099 (Dynamic Support)
🔥 Key Levels & Insights:
🟥 Major Support Zone (Red Area - 162.000)
✅ Price recently bounced off this level, showing strong buying pressure.
✅ If price holds above 162.000, a bullish continuation is likely.
📈 Gap Zone (Orange - 163.000 - 163.500)
🔍 There’s a price imbalance above, meaning price could be drawn towards it.
🔼 Gaps act as magnets! A move up to fill the gap is likely.
📊 200 EMA (162.099) - Crucial Level
🚦 Price is hovering above the 200 EMA. If it remains above, we can expect further bullish momentum.
🔮 Price Prediction & Trade Idea
📌 If price breaks and holds above 162.500, expect a 🚀 move towards 163.500.
📌 Rejection from 163.500 could bring a pullback 📉 back to 162.500.
🚨 Risk Alert:
🔻 If price drops below 162.000, bears might take control, pushing it to 161.500 or lower.
💡 Final Thoughts:
👉 Bulls 🐂 need to break 162.500 to push towards 163.500.
👉 Bears 🐻 will gain control if price loses 162.000.
🔥 Verdict:
✅ Bullish Bias if price stays above 162.000.
🚀 Target: 163.500 (Gap Fill).
🔻 Invalidation: Below 162.000.
EURJPY trade ideas
EUR/JPY - Smart Money Concept (SMC) Breakdown!# **📉 EUR/JPY - Smart Money Concept (SMC) Breakdown! 🔥**
🔎 Price at Key Decision Zone!
We are seeing a **triangle formation**, indicating a potential breakout soon. Based on SMC concepts, we have two possible scenarios:
🚀 **Case 1 (Red Path - Bullish Fakeout & Sell-off)**
- Price may **break above resistance** into the supply zone (169-172)
- This could be a **liquidity grab**, trapping buyers before a sharp rejection
- A **sell-off** follows, targeting **144-148**
📉 **Case 2 (Blue Path - Immediate Breakdown)**
- Price fails to break resistance and **rejects instantly**
- A strong breakout to the downside confirms a bearish move
- Targeting the **144-148 demand zone**
📌 **Key Levels to Watch:**
🔺 **Liquidity Grab Zone**: 169-172
🔻 **Bearish Breakdown Zone**: 160-164
🟢 **Potential Reversal Area**: 144-148
💡 **Question for Traders:**
- Will we see a **bullish trap before a crash** or a **direct breakdown**?
- Are you **selling from resistance** or waiting for confirmation?
🔥 **Comment below your views & trade setups!** 🚀
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This keeps it
EUR/JPY - Key Decision Zone!this Wave B completing, or are we in the early stages of Wave C?
📊 Price is testing a critical area—will sellers take control, or is another leg up still in play?
🚀 Key Questions:
1️⃣ Is this Wave AB or BC?
2️⃣ Will we see a major sell-off, or is it a buying opportunity?
3️⃣ What’s the ideal entry & confirmation?
📌 Levels to Watch:
🔻 Bearish Scenario: If price rejects, we could see a deeper correction toward the demand zone 📉
🔼 Bullish Scenario: If buyers hold, we might see a breakout before reversal 📈
👀 Drop your analysis in the comments! Are you buying or selling? 🔥
Let me know if you want any tweaks! 🚀
Bearish drop?EUR/JPY is reacting off the pivot and could drop to the 1st support that line s up with the 78.6% Fibonacci retracement.
Pivot: 162.29
1st Support: 160.58
1st Resistance: 163.69
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EURJPY POSSIBLE BUY?The market has tested the current WEEKLY 0.5 & 0.618 Fib area. Based on DAILY 0.5 & 0.618 Fib area. On the 4HR TF, the market seems to be forming a possible reversal pattern which could lead to a possible continuation to the upside.
We could see BUYERS coming in strong should the current level hold.
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Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
ideaThis Analysis Can Change At Anytime Without Notice And It Is Only For educational Purpose to Traders To Make Independent Investments Decisions.
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EURJPY | 1 HOUR | PULLBACK THEN BULLHi everyone, Please don't forget to press the like button to receive updates of this analysis. 🚀
SIGNAL ALERT
BUY EURJPY ( FX:EURJPY ) | 162,309 , 162,221
🟢TP1: 162,500
🟢TP2: 163,100
🟢TP3: 163,950
🔴SL: 160,908
Stop Loss RR ratio - 1,32
Thanks to everyone who supported my analysis with likes 🙏🏻
BUY EURJPYHad a bullish engulfing weekly candle last week so marked off the previous weekly candle with the fib retracement low to high we have had a retracement to the 0.62 fib level that lined up with an order block on the 1h candle and so I took the entry on the rejection from the order block and am targeting the previous weeks high.
EURJPY - 1 hr ( Buy Trade Target Range 180 PIP ) The EUR/JPY currency pair, analyzed on a 1-hour chart with a large scale, presents a bullish outlook following a breakout at the key level of 162.000. This level is significant, as a breakout accompanied by high trading volume indicates strong buying interest and potential upward momentum. Traders should monitor this key level closely, as maintaining price action above 162.000 could signal further gains in the EUR/JPY pair.
☑️ Pair Name : EUR/JPY
Time Frame : 1hrs Chart / Close
Scale Type : Large Scale
Best Break Our / Key level's 1hr Tf
☑Bullish After Break Out key level + High Volume / 162.000 Point
EURJPY BEARISH FOR 100PIPS, 20PIP STOPechnical Analysis:
Resistance Levels: If EUR/JPY is currently near a significant resistance level, a reversal to the downside could be likely.
Trend Indicators: Look for confirmation from moving averages (like the 50 and 200 MA) showing a bearish crossover, or if the RSI (Relative Strength Index) is overbought and signaling a potential pullback.
Price Action: If there’s a bearish candlestick pattern like a shooting star or engulfing pattern forming at a resistance point, it could signal a short-term reversal.
Fundamental Factors:
A shift in Eurozone or Japan economic data (such as weak Eurozone growth or hawkish Bank of Japan statements) could provide further downside pressure on EUR/JPY.
Geopolitical tensions or broader risk-off sentiment could also boost JPY strength as a safe haven.
Key Levels: If EUR/JPY is at, say, 155.00 and you're targeting a 100-pip bearish move, the first target would be around 154.00. Watch for any support levels and trendlines around this point.
EURJPY 2H AnalysisThe pair continues its bullish trend after breaking key resistance zones and flipping them into support.
🔹 Key Observations:
Strong momentum pushing price upward.
Demand zones holding well, suggesting buyers are in control.
Expecting a retracement to the marked support area before continuation to the next resistance zone near 166.500.
📈 Bias: Bullish.
What do you think of this setup? Drop your analysis below! 👇
#ForexTrading #EURJPY #TechnicalAnalysis #TradingSetups #PriceAction #ForexTrader
EUR/JPY Tests Key Resistance: Breakout or Pullback?EUR/JPY Analysis
Key Resistance Zone:
The price is currently testing a key resistance zone near the 164 level, which has previously acted as a strong barrier. A successful breakout above this zone could signal further bullish momentum.
Rising Trendline Support:
The price has consistently found strong support from the ascending trendline, confirming the overall bullish structure of the market.