EUXJPY trade ideas
EURJPY: Move Up Ahead! 🇪🇺🇯🇵
EURJPY is going to rise more after breaking
a resistance line of a tiny horizontal consolidation range
that was formed on a retest of a recently broken daily structure.
Goal - 164.8
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURJPY: Top-Down Analysis & Trading PlanEURJPY has surpassed and closed above a significant daily resistance level, which has now become support.
We are observing a retest of this broken structure.
To enter a long position, look for confirmation through a breakout of the horizontal range on the hourly chart.
A close of an hourly candle above its resistance will signal buyer strength.
A bullish continuation is expected towards the 164.63 level.
EURJPY: Japan's (MoF) may reduce its issuance of long-term bondsEURJPY: The Japanese yen falls as Japan's Ministry of Finance (MoF) may reduce its issuance of long-term bonds.
Today, the Japanese yen is the worst-performing currency across the board.
The decline is linked to speculation that Japan’s Ministry of Finance (MoF) may reduce long-term bond issuance due to weak demand and rising yields.
This speculation stems from a rare questionnaire the MoF sent to market participants, asking for their views on issuance and overall market conditions. The move was seen as unusual, fueling concerns about potential changes in Japan’s bond strategy.
Technical Analysis
EUR/JPY has broken out of a complex inverse head and shoulders pattern, with the above news acting as a catalyst for its bullish momentum.
While the price may take a short pause, further upside remains likely, with targets at 164.30 and 165.00.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURJPY: This week and next month analysis.Jen has Strengthen itself, may be under pressure of Trump administration, this may have ended or not. but technically we are ready see more bearish days for pairs against JPY:
The indicated levels are determined based on the most reaction points and the assumption of approximately equal distance between the zones.
Some of these points can also be confirmed by the mathematical intervals of Murray.
You can enter with/without confirmation. IF you want to take confirmation you can use LTF analysis, Spike move confirmation, Trend Strength confirmation and ETC.
SL could be placed below the zone or regarding the LTF swings.
TP is the next zone or the nearest moving S&R, which are median and borders of the drawn channels.
*******************************************************************
Role of different zones:
GREEN: Just long trades allowed on them.
RED: Just Short trades allowed on them.
BLUE: both long and short trades allowed on them.
WHITE: No trades allowed on them! just use them as TP points
EurJpy Trade IdeaWith EJ ranging between two major levels and respecting the support level below once again, I'll personally be looking to get into some longs on the pair for this week. We had a clean flip ofs structure once price tapped into the support below. Price did break below the support level but failed to continue heading bearish. Once price can break and retest from the smaller time frame range I'll execute longs with a 1:3rr target. We'll see what happens.
EURJPY: Important Breakout 🇪🇺🇯🇵
EURJPY broke a significant resistance cluster on a daily.
We see its retest now.
I think that the price will start rising from that and reach
at least 164.5 level.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURJPY → False breakout of resistance. Reversal?FX:EURJPY is testing the resistance of the trading range as part of a distribution movement, but the situation ends with a false breakout and price consolidation within the flat.
Against the backdrop of the falling dollar, the Japanese yen is strengthening and thus exerting a corresponding influence on the currency pair. EURJPY is forming a false breakout of resistance within a distribution movement formed after a retest the support of the flat. The price returns to the channel. After a false breakout of resistance and a return of the price below a strong key level, a base is forming in the form of support at 163.2 (trigger).
Resistance levels: 163.4, 163.6
Support levels: 163.2, 162.7
A breakdown of the 163.2 trigger and price consolidation below the key level could intensify the sell-off, triggering a further decline.
Best regards, R. Linda!
Lingrid | EURJPY support Zone Buy Setup in Sideways MarketThe price perfectly fulfilled my previous idea . FX:EURJPY is currently hovering above the 162.810 breakout level after reclaiming it following a fake breakout to the downside. The price action forms a potential higher low above the upward trendline, suggesting bullish continuation is in play. A successful bounce here could aim for 164.450 as the next resistance test. Momentum will likely pick up if the price stays above the rising trendline.
📈 Key Levels
Buy zone: 162.810
Buy trigger: bullish candle bounce above trendline
Target: 164.450
Sell trigger: daily close below 162.810
💡 Risks
Trendline failure would negate bullish structure
Resistance at 164.450 could attract sellers
Consolidation may extend before a breakout confirms direction
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
EURJPY: Bearish Continuation
Balance of buyers and sellers on the EURJPY pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤️ Please, support our work with like & comment! ❤️
EURJPY could be about to soarThe price is stuck in a large ascending triangle pattern. But with stocks moving higher, cryptocurrencies gaining momentum, and the trade war easing, could this pattern finally break? Watch the video to see which levels matter.
This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
EURJPY still to expect bearish for new week
OANDA:EURJPY strong bearish bounce from top line of price action, currently price in rectangle and on bottom line of price action.
EUR with all showing self the weakest in last periods and expectations are still to see weaknes, here expecting break of rectangle and trend line of PA and higher bearish continuation till res zone.
SUP zone: 163.300
RES zone: 160.600