$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.Longby Redimere_91Updated 0
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.by SkylimitBreakPoint7
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.by Sony971
SELL EURJPYEURJPY is going for a ride down to hit FVGs and pois, possibly making a new lowLongby FOREX7PIPSUpdated 4
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. Shortby thelifeIlead_Updated 6
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 157,9Shortby Technical_AnalystZAR4411
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 👇Education10:51by JordanWillson118
EURJPY testing its 1D MA50. Buy opportunity even if rejected.The EURJPY pair is about to test its 1D MA50 (blue trend-line) today for the first time since January 31. We are on the 4th day of a strong rebound within a Rectangle pattern. As you can see, every time the 0.785 Fibonacci retracement level of this Rectangle gets hit, the price reverses shortly after, targeting at least the 0.236 Fib. The bottom is also marked by a 1D RSI test of the 30.00 oversold level. The rebound that follows, tends to pull-back after a 1D MA50 test, which is the 2nd opportunity to buy for those that missed the bottom. This time it is possible not to hit the 0.236 Fib as the 1D MA200 (orange trend-line) is involved and is the level that caused the January 24 2025, January 07 2025, December 30 2024 and November 15 2024 rejections. As a result, a fair target would be just below it at 163.250. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot338
BUY OPPORTUNITY SPECULATION ON EURJPYAfter the bull run from yesterday , the price has broken out its previous resistance level and patiently waiting for the formation of the new support level on the 4hr TF. What's your opinion on this ?Longby alfredchrisayo3
Thursday hedge zones and key levelsYesterday CPI pushed yield up, further into the extreme of our key levels where we looked for breakdown hedging entries: Today's zones we looking at for EURJPY Note, we don't just look at EURJPY for plays. Cross currencies analysis provides great confluence for the pair you trade as well. Eg. our previous EURJPY longs setups provided signals for EURAUD long confluence as well. But EURAUD ofc under different dynamics. Check out our socials for some nice insights. Let us know if there're any pair you like to see or if this is something you like. information created and published doesn't constitute investment advice! NOT financial adviceby Mabelm5
EURJPY - BUY OPPORTUNITYTaking this EJ LONG position, Targeting TP Areas, continuation to the upside, potential for +80pips Trade Safe HabibisLongby PathaanKhanUpdated 2
EURJPY - Potential Bullish Reversal from Key Demand ZoneOANDA:EURJPY is showing signs of a potential bullish reversal around a well-defined demand zone. This level has previously acted as strong support, making it a key area to watch. While the current market structure remains bearish, with a series of lower highs and lower lows, the projected scenario suggests a possible liquidity sweep below recent lows before a rebound toward 159.000. The main risk lies in the possibility of fakeouts or deeper liquidity grabs before a sustained move higher. Monitoring price reactions at the demand zone and using lower timeframes for confirmation could help refine entry points. How do you see this setup playing out? Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management, Best of luckLongby TrendDivaUpdated 7720
We like hedging with shorts here after catching the EURJPY longsWe like hedging with shorts here after catching the EURJPY longs from past setup: look for momentum crash setups, no LTF confirmation, no entries CPI causing yield miss can turn it into runners Souring in risk sentiment can increase the momentum as well (while not our base case yet, we sure on the look out on how the news print) Check out our socials for some nice insights information created and published doesn't constitute investment advice! NOT financial advice Shortby Mabelm4
EURJPY Will Fall! HI,Traders ! EUR-JPY will now hit a Horizontal resistance Of 160.036 and as the Pair is locally overbought We will be expecting a Local bearish pullback Towards the target ! Comment and subscribe to help us grow ! by kacim_elloitt229
EUR/JPY H1 | Potential bullish bounceEUR/JPY is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 158.94 which is an overlap support. Stop loss is at 158.35 which is a level that lies underneath an overlap support and the 23.6% Fibonacci retracement level. Take profit is at 160.59 which is a swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Long02:57by FXCM112
EURJPY Possible ScenarioThis pair has already finished its corrective wave 4 and it is ready to start impulsive wave 5. With candle confirmation, we can open sell position.Shortby Masoud4023
EURJPY LongI was meaning to catch that leg lower on EJ but it never reached the level i was looking at. Price moved lower to a region i was looking to go long from. i closed out 75% of my long as i see a potential drop on the cards. lets see how it goesby Golb1
EURJPY Buy SetupOur analysis is based on multi-timeframe top-down analysis & fundamental analysis. Based on our view the price will rise to the monthly level. DISCLAIMER: This analysis can change anytime without notice and is only for assisting traders in making independent investment decisions. Please note that this is a prediction, and I have no reason to act on it, and neither should you. Please support our analysis with a like or comment! Let’s master the market together. Please share your thoughts and encourage us to do more by liking this idea. Longby dkb14246Updated 4
Eur/Joy sell setup UsdJpy gave confluence to this. I'll be looking to go short from 159.788 you can wait for H4 rejection of the zone before looking for sell opportunities or you go aggressive, it depends on the kinda trader you are. Taking the 159.5 as Inducement my point of interest looks valid and I'll be anticipating what price would do at that level. Kindly boost if you find this insightful 🫴Shortby HallowAdept2
Sell ActivatedGod First Minimum Risk Maximum Reward Action Backed Believe # faith, strategy, and execution all in one #Shortby OdesinaFolorunshoAlabi2
EURJPY Wave Analysis – 11 February 2025 - EURJPY reversed from the support area - Likely to rise to the resistance level 159.65 EURJPY currency pair recently reversed up from the support area located between the key support level 156.000 (which has been steadily reversing the price from August of 2024 as can be seen below) and the lower weekly Bollinger Band. The upward reversal from the support area stopped the previous weekly downward impulse wave (3) from last year. Given the strength of the support level 156.000, EURJPY currency pair can be expected to rise to the next resistance level 159.65 (the former weekly low from January). Longby FxProGlobal111
EUR/JPY Potential ShortHi Traders. This Pair looks also bearish to me. We saw a breakout from a bigger HTF structure and now we are forming a LTF Correction Wait till the correction is finished to confirm this setupShortby ltdcrack88220
EURJPY SELL PROJECTION As we can see price was in a downtrend and price massively broke out and I expect price to retest from the redzone for a sell and then we later buy Shortby QuicksilverPIPS112