Get started

Japanese Yen/Euro

No trades
See on Supercharts
Overview
Ideas
Discussions Technicals Seasonals Economic Calendar

JPYEUR trade ideas

EURJPY: Selling Pressure Likely in the 162.723-163.434 ZoneHello Traders, I trust you're doing well. It’s been a while! Since March 18th, the EUR has been in a corrective pullback, and I anticipate further downside movement to complete Wave 4 of the correction. However, this afternoon, we witnessed an unexpected surge in the EUR pairs, driven by the EU’s emergency plan to shield its economy from U.S. tariffs. Despite this rally, I believe it may be short-lived. EURJPY has reached a significant resistance zone where sellers could potentially push prices lower. Another key resistance level within this zone, where I believe sellers', activities are great, is last week’s high at 163.353. A confirmed break below 162.723 would strengthen the bearish outlook, with potential downside targets at 161.914 , 161.114 , 160.750 , and 160.350 , respectively. However, a breakout above 163.444 would invalidate this bearish. Cheers and happy trading.
Short
by Samuel124
EURJPY Double Top - Bearish Reversal Ahead Toward Target!🔍 Chart Analysis: Identifying the Double Top Pattern The EURJPY (Euro/Japanese Yen) 1-hour chart shows a classic Double Top pattern, which is a strong bearish reversal formation. This pattern occurs when the price reaches a significant resistance level twice but fails to break above it, indicating a potential shift from bullish momentum to bearish control. 1️⃣ Top 1: The first peak formed as buyers pushed the price higher, but strong resistance forced a pullback. 2️⃣ Top 2: The price attempted to break the same resistance level again but failed, forming a second peak at approximately 164.165, confirming that sellers are overpowering buyers. 3️⃣ Neckline (Support Level): The critical support level around 160.000 acted as a trigger for the bearish move. Once this level broke, the double top pattern was confirmed. 📌 Key Levels and Market Structure 🔹 Resistance (164.165): The highest level where sellers dominated, preventing further upward movement. 🔹 Support/Neckline (160.000): This level acted as a crucial pivot. Once broken, it signaled a trend reversal. 🔹 Take Profit Levels: TP1 – 159.036: This serves as the first profit target, aligning with a prior demand zone. TP2 – 157.200: The full projected downside move based on the double top pattern. 🔹 Stop Loss (SL): Above 164.165, ensuring a risk-managed approach in case of trend invalidation. 📉 Trading Strategy: How to Trade This Setup? 1️⃣ Entry Confirmation: The ideal entry was after the price broke the neckline at 160.000 and retested it as resistance. A breakdown candle with high volume confirmed seller dominance. 2️⃣ Stop-Loss Placement: A stop-loss above 164.165 provides room for price fluctuations while protecting against false breakouts. 3️⃣ Profit Targets: TP1: 159.036, securing partial profits. TP2: 157.200, completing the double top measured move. 📊 Market Psychology & Price Action Insights The double top pattern reflects a shift in market sentiment from bullish to bearish. The repeated rejection at 164.165 signals a lack of buying strength, increasing the probability of a downward move. The breakdown of the 160.000 neckline confirms that sellers have taken control. The price action also shows a lower-high formation, reinforcing bearish momentum. ✅ Conclusion: Bearish Bias Until 157.200 This setup strongly favors short positions, as long as the price stays below 162.500. A break above 164.165 invalidates the bearish setup, signaling a potential reversal. Until then, the market remains bearish, with TP1 & TP2 as achievable downside targets. 💬 What’s your outlook on EURJPY? Drop your analysis below! 👇
Short
by GoldMasterTrades
EUR/JPY: Bullish Continuation SetupDisclaimer: This is not professional financial advice; it is purely my personal opinion. Please consult a qualified financial expert before making any trading decisions. In my analysis of EUR/JPY, the market appears to be maintaining a bullish trend on the four-hour timeframe. The recent price action suggests that the upward momentum is still intact, and I believe the market is showing potential for continued long positions, unless price action indicates otherwise. Starting on the four-hour chart, I observed that the price has been making higher highs and higher lows, indicating that buyers are still in control. Moving down to the one-hour timeframe, we can see the formation of key supply and demand zones that could present opportunities for traders to enter long positions at favourable prices. This setup appears to be well-suited for traders looking to capitalize on the bullish trend, especially if the market retests demand zones for a potential entry.
Long
by clever_jeph
BUY EURJPY for bearish trend reversal STOP LOSS : 160.78 BUY EURJPY for bearish trend reversal STOP LOSS : 160.78 Regular Bullish Divergence In case of Regular Bullish Divergence: * The Indicator shows Higher Lows * Actual Market Price shows Lower Lows We can see a strong divergence on the MACD already and There is a strong trend reversal on the daily time frame chart..... The daily time frame is showing strength of trend reversal from this strong level of Support so we are looking for the trend reversal and correction push from here ..... TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here
Long
by BALE_FX
EURJPY Long Analysis Q2 W14 Tuesday 1st April 2025 EURJPY Long Analysis Q2 W14 Tuesday 1st April 2025 Currently in EJ longs and with majourity of profits removed, position set to breakeven and trade managed. It it important to remain open minded with the chart and not assume that the chart owes my money. It has done as expected in terms of the move of yesterday, therefore lets go again. As we stand, price could be in the Lower high area to drive to the downside and in this event, my current trade would be taken out for break even profits. Price will either make a high from its current position of as we speculate, a double bottom/ higher low. A 15' order block is identified from the initial long move yesterday and it would be around there, we expect to join the long party. The confluences around that areas are strong. The weekly 50 exponential moving average is their to support our long bias. To add to the validity of the trade, we hope that Tokyo remain unfilled. Our long position is targeting the fill. How would we look to enter the trade once price arrives into the 15' Order block. At this stage, we will have to see a lower time frame break of structure. Why? Essentially, the reasons why the trade could loose, therefore lets do our upmost to protect our capital from risk exposure. As we have identified the current area as potential lower high point in price action, there of course is an opportunity from price to create a lower low. This Lower low creation would likely crash into the Daily 50 ema which also pairs with a 4 hour 15' order block. in the immediate play, I would require a 5' break of structure, a creation of new order block on the lower time frame, followed by a buy limit from that new order block to look long. IF price does not respect that analysis above, FRGNT will execute a position based of a 1' break of structure. With price action in this hypothesis, after the Lower low into the point of interest, we will look to immediately grab the price in it rally of creating its lower high, allowing for FRGNT to move to break even and secure the position. What do you think? lets see how price actions plays. FRGNT X
Long
by JCFRGNT
1
EURJPYHello Traders! 👋 What are your thoughts on EURJPY? This pair is currently trading below a key resistance zone and has also broken its ascending trendline. The price is now in the process of pulling back to the broken trendline, consolidating around that area. We expect that after completing the pullback and some consolidation, the pair will decline at least toward the specified support levels. Don’t forget to like and share your thoughts in the comments! ❤️
Short
by HAMED_AZ
2
EURJPY Trade Analysis with key levels to watchTI haven't traded currencies in a while as you can see I trade mostly XAUUSD but I do like a few currency pair and EURJPY has always been a favourite! The pair is clearly ranging between ~163.00 and ~161.60. Recent price action swept a local demand area at 162.00-ish and showed an impulsive reaction. The market looks undecided, stuck between lower supports and that upper supply zone. Key Levels Upper Supply: 162.80 - 163.00 (big sell zone, likely liquidity sitting above) Mid-demand: 161.80 - 162.10 (where the reaction happened before market closed. Lower Demand: 161.50 and below (untested zone) Market Bias for Monday: I would personally stay neutral until either Tokyo or London session gives us a proper clue. Scenario A — Bullish: If the market holds above ~162.10 and breaks 162.50 with momentum, I could see a move back to the 162.80 - 163.00 liquidity zone. Even better if there's a liquidity sweep of the 162.20 lows again first (trap + reversal). Scenario B — Bearish: If Monday open with a gap down or quickly rejects around ~162.40 - 162.50, I expect another drive into the 161.80 and possibly deeper into the 161.50 zone. The fact that price left equal lows near 161.80 is suspicious, could be bait for a sweep. Only trade the breakout if it confirms with momentum.
by Med_In_Trade
2
EURJPY Approaching Key Resistance — Potential Sell SetupOANDA:EURJPY is approaching a key resistance level, an area that has been a key point of interest where sellers have regained control, leading to notable reversals in the past. Given this, there is potential for a bearish reaction if price action confirms rejection, such as a bearish engulfing candle, long upper wicks or increased selling volume. If the resistance level holds, I anticipate a downward move toward 161.20, which represents a logical target based on previous price behavior and market structure. However, if the price breaks above this zone and sustains above it, the bearish outlook may be invalidated, opening the door for further upside. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
Short
by TrendDiva
35
EURJPY remains mixed and volatile.EURJPY - 24h expiry Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Price action looks to be forming a top. Preferred trade is to sell into rallies. A lower correction is expected. Bespoke resistance is located at 162.35. We look to Sell at 162.35 (stop at 162.75) Our profit targets will be 160.75 and 160.50 Resistance: 162.00 / 162.70 / 163.20 Support: 160.75 / 160.20 / 159.00 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
1