EURJPY Short Term Buy IdeaH4 - Bullish trend pattern
Expecting corrections now and then potential continuation higher until the two strong support zones hold.
EURJPY trade ideas
EUR/JPY Multi-Timeframe AnalysisLooking at all three timeframes (15m, 1H, and 4H), I can provide a comprehensive analysis that aligns the shorter-term opportunity with the larger timeframe context.
Multi-Timeframe Assessment
4H Analysis:
Price is in a clear uptrend after establishing a significant bottom around 155.00
We've seen a strong recovery from recent lows to current 161.59 levels
Currently testing resistance after a bullish impulse move from the 159.00 support area
Momentum favors bulls with consecutive higher lows forming
1H Analysis:
Price has broken above the recent consolidation range and is showing strength
The uptrend is intact with higher highs and higher lows
Recent support has formed around 160.80-161.00 area
Current price action shows bullish momentum after a breakout
15m Analysis:
Immediate trend is bullish with recent price action showing upward momentum
Price is pushing against intraday resistance after a short consolidation period
Multiple bullish candles showing buyer interest
Trade Setup
Trade Bias: Bullish
The alignment across all timeframes confirms a bullish bias, with the 4H showing the larger uptrend, the 1H confirming the breakout, and the 15m showing immediate bullish momentum.
Entry Price: 161.65
Enter on a slight pullback and confirmation of continued bullish momentum, or on a breakout above the small resistance level visible on the 15m chart.
Stop Loss: 161.30
This respects your 35 pip maximum risk parameter while placing the stop below the recent swing low visible on the 15m and 1H charts.
Take Profit Levels:
Primary TP: 162.20 (prior resistance level visible on the 4H chart)
Extended TP: 162.80 (projected extension based on the 4H chart pattern)
Risk-to-Reward Ratio:
Primary target: 1:1.6 (35 pips risk, 55 pips reward)
Extended target: 1:3.3 (35 pips risk, 115 pips reward)
Trade Rationale:
Multi-timeframe confluence shows bullish momentum across 15m, 1H, and 4H charts
Price is making a clear recovery after establishing support at 159.00
The 161.30 level serves as immediate support (previous resistance turned support)
Upside potential is significant given the larger trend visible on the 4H chart
Current price action indicates bullish continuation after recent consolidation
Trade Management:
Consider moving stop to breakeven after price moves 20-25 pips in your favor
Potential to take partial profits at the primary target and let remainder run to extended target
Watch for potential resistance at the 162.00 psychological level
Lingrid | EURJPY corrective MOVEMENT from KEY Resistance ZoneThe price perfectly fulfilled my previous idea. It reached the target zone. FX:EURJPY market has formed higher highs and higher closes, yet there remains strong resistance above. On the higher time frame, the price has been oscillating between 155,000 and 165,000, and it seems to be approaching the top of this range near last year’s closing level. If we get rejection at the psychological level of 163,000, we can expect a pullback from this point. Additionally, on the daily time frame, there is a global downward trendline that the price has bounced off multiple times. My goal is support zone around 160.250
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Bullish rise?EUR/JPY has reacted off the pivot which is a pullback resistance and could potentially rise to the 1st resistance which is also a pullback resistance.
Pivot: 161.27
1st Support: 159.43
1st Resistance: 163.74
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Short idea for EUR jpyA bearish wedge is emerging on the 30-minute chart once there's a closed below the wedge I expect the price to move down to the arrow that I've put on the chart which also aligns with a major support
BUY EURJPY - JPY and CHF weakness in the marketTrader Tom, a technical analyst with over 16 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button.
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EURJPY price is printing quite nice.Probability: High
Position: Long
Context: 1H/4H Bullish imbalance
BREAKOUT push to the upsideThere a high chance that EURJPY will break above the Zone and continue heading up for sometime. We can see according to the price analysis that the downtrend is finished and market formed a strong Invert H&S pattern which indicates strong buyers. Price is now in the Major Key Level with a high chance of breaking through due to the strong bullish momentum and if a clear breakout occurs then that means price will continue heading up
EUR/JPY Chart Strong Bullish Breakout**EUR/JPY** chart shows a strong bullish breakout after a period of consolidation. Here’s a quick analysis:
**📊 EUR/JPY Trade Outlook**
🔹 **Current Price:** 160.600
🔹 **Resistance Zone:** Near **161.000**
🔹 **Support Levels:** **160.132**, **159.797**
### **Key Observations:**
✅ Price broke above consolidation with strong bullish momentum.
✅ Moving averages indicate an uptrend continuation.
✅ Volume increase supports the bullish breakout.
Trade Idea on a zone.EJ idea great zone on 78.6 fib head and shoulders.
The EURJPY is breaking back above the 100 day MA on the daily chart (see blue line on the chart above). Last week, the price moved up to that MA and rotated lower.
Going back to the end of February on the chart above, the EURJPY found support at 154.37, a key swing area, after briefly dipping below the 38.2% Fibonacci retracement at 155.92. The bounce from this level has led to a recovery in March. Today, the pair now testing/breaking the 100-day MA (161.31) . The 200-day MA (163.08) is the next key target. The price of the EURJPY stalled against that MA in December and again in January. .
EUR/JPY Strong BullishEUR/JPY chart shows a strong bullish breakout after a period of consolidation.
### **📊 EUR/JPY Trade Outlook**
🔹 **Current Price:** 160.600
🔹 **Resistance Zone:** Near **161.000**
🔹 **Support Levels:** **160.132**, **159.797**
### **Key Observations:**
✅ Price broke above consolidation with strong bullish momentum.
✅ Moving averages indicate an uptrend continuation.
✅ Volume increase supports the bullish breakout.
EURJPY Technical Analysis! SELL!
My dear friends,
EURJPY looks like it will make a good move, and here are the details:
The market is trading on 160.92 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 159.03
Recommended Stop Loss - 161.65
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
EURJPY Bullish Breakout Technical and Fundamental confluenceEURJPY Trade Analysis
Trade Type: Buy
Technical Analysis:
1. Trendline Breakout: EURJPY has broken above a key trendline, signaling a potential trend reversal or continuation.
2. Zone Breakout: The price has decisively moved past a strong resistance zone, confirming bullish momentum.
3. Double Bottom on 4H: A well-formed double-bottom pattern at a critical support level within the blue zone suggests a strong bullish reversal.
Fundamental Analysis:
Bullish Euro Outlook: Recent economic data and news favor the euro, boosting investor confidence. Positive developments such as stronger-than-expected GDP growth, hawkish ECB comments, or improved inflation outlook contribute to EUR strength.
Risk Sentiment: If global markets favor risk-on assets, JPY (a safe-haven currency) could weaken, further supporting EURJPY’s bullish move.
Trade Details:
Target Price: 163.755
Risk Management: 1% risk per trade
Risk-to-Reward Ratio (RRR): 1:3
With both technical and fundamental factors aligning, this trade setup presents a high-probability opportunity. Proper risk management will be maintained to maximize gains while minimizing exposure.
EURJPY SHORT RSI overbought EURJPY is going down against the trend until the level 60 fibbonacci on daily.
Rising Wedge patternThe price was rejected on the 4-hour timeframe and now it has formed a rising wedge pattern, we currently have a breakout, wait for a pullback on the 30-minute timeframe and go short.
WE ONLY TRADE PULLBACKS
EURJPY Long1)Trend defined. 4h uptrend.
2)Contradictory limit order entry. At the lower extreme of the 1h range.
3)Default loss. Below the swing low.
4)Targets set.
5)Risk <= 3%.
6)Singular trade.
7)Trades placed today <= 5.
EUR/JPY Forecast for this weekEUR/JPY, in my perspective, is looking bullish after taking a retracement into the marked zone.
EURJPY: Growth & Bullish Forecast
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to buy EURJPY.
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EURJPY 4h bearish ideaEUR/JPY (4H) Technical Analysis – March 6, 2025
Market Structure & Price Action:
The pair was previously in a downtrend, forming a descending channel.
A breakout above the descending trendline occurred, signaling a potential trend reversal or at least a strong retracement.
Price surged past resistance at 156.38, confirming the breakout with bullish momentum.
The next key resistance level was 159.87, which has now been tested.
Volume Analysis:
A noticeable increase in volume at the breakout point indicates strong buying pressure.
If volume starts declining at the current level, a pullback could occur before further continuation.
RSI Indicator:
RSI is at 63.92, approaching the overbought zone (70).
Momentum remains bullish, but there could be a short-term correction before the next move higher.
Key Levels to Watch:
Support: 159.87 (recent breakout level), followed by 156.38.
Resistance: 160.60 (current high) and possibly 162.00 if bullish momentum continues.
Potential Trading Scenarios:
Bullish Case: If price holds above 159.87, the uptrend could continue towards 161.00-162.00.
EURJPY can be bearish EURJPY can be bearish for this 3 reasons :
1. The price hunt the important resistance zone (161.232 - 160.184) so the trend can revers at this price.
and here is a strong bearish candle stick :
2. The bearish trend line of the daily time frame shows the bearish trend.
3.Also the RSI number (53) shows that we have space to move lower.
Trigger : You can entry with a good candle stick at the resistance or even now without trigger. or any strategy you have.
Target : the target can be the support zone or when the RSI reaches below 30 number. (I'd rather RSI)
Stop loss : my stop loss is above last candle stick on resistance zone. you can have your personal stop loss but be sure you use stop loss.
It's just my personal analysis and I have no responsibility for your trades. thanks for your attention.
EURJPY Will Go Down From Resistance! Sell!
Please, check our technical outlook for EURJPY.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 159.715.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 156.155 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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EUR JPY - Wait and seeWaiting to see a break and retest of the entry price rather than placing a buy stop order.
Here's the plan:
Watch for price to break above 160.250 with a decisive candle (preferably closing above this level)
Then wait for a pullback to retest this level as new support
Enter long when price shows rejection from the retest level (with a small bullish candle or rejection wick)
Place your stop loss at 159.900 immediately after entry
