EURJPY Technical Analysis! BUY!
My dear friends,
Please, find my technical outlook for EURJPY below:
The price is coiling around a solid key level - 162.05
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 162.84
Safe Stop Loss - 161.61
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous 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.
———————————
WISH YOU ALL LUCK
JPYEUR trade ideas
EUR/JPY Faces the Upper Boundary of Its Lateral Range AgainOver the past five trading sessions, the EUR/JPY pair has climbed nearly 2% in favor of the euro, once again reaching a key resistance zone in the short term. For now, the bullish bias remains intact, driven by the weakened yen, which has lost demand in recent sessions. As a safe-haven currency, the yen has struggled to hold investor interest as trade tensions ease and market confidence rebounds.
Wide Lateral Range
Since 2024, EUR/JPY has maintained a broad lateral channel, bounded by resistance at 165.315 and support at 156.656. Recent buying momentum has brought the price back to the upper end of the range, and if bullish pressure continues, a breakout could occur—potentially giving way to a more sustained uptrend in the short term.
Technical Indicators:
ADX: The ADX line continues to hover below the neutral level of 20, signaling low volatility in recent movements. If the ADX fails to break above that level, a persistent state of neutrality may continue to dominate price action in the short term.
TRIX: The TRIX line remains above zero, but it shows a flattened curve, indicating the absence of a clear directional trend in the exponential moving averages. This opens the door for a neutral phase to develop at current resistance levels.
Key Levels to Watch:
165.315 – Major Resistance: Marks the upper boundary of the lateral range. Sustained bullish momentum above this level could lead to a stronger uptrend in the near term.
162.225 – Nearby Support: Aligns with the neutral zone of the past two weeks. May act as a barrier for short-term pullbacks.
160.655 – Critical Support: Corresponds to the midpoint of the current channel and aligns with the Ichimoku cloud area. A return to this level could undermine the current bullish structure and reinforce the broader sideways range.
Written by Julian Pineda, CFA – Market Analyst
EURJPY preps for the takeoffEURJPY is testing the area above the massive consolidation pattern. Given the elimination of the risk premium from safe haven demands, Japanese Yen may get under pressure, which may lead to the breakout from the consolidation, as shown at the chart.
Average True Range indicator had reached yet another bottom signaling decreasing volatility: usually this pattern precedes the sharp volatility increase and may point to trend continuation.
Japanese Yen gets under pressure in May, according to historical seasonal studies: that’s another confirmation of the described scenario.
Don't forget - this is just the idea, always make your own research and never forget to manage your risk!
EURJPYMacro Economic Analysis / Fundamental Analysis
The ECB has kept the rates while also BOJ kept the rates at the moment. In the short term we expect the ECB to cut the rates whilst the BOJ to raise the rate, probably in the next meeting. So in overall, we expect the JPY to strengthen against the EURO.
Technical Analysis
We expect a liquidity sweep of the previous week candle, then a sharp fall of the EURJPY.
Could the price bounce from here?EUR/JPY is reacting offf the pivot and could bounce to the 1st resistance that lines up with the 50% Fibonacci retracement.
Pivot: 162.59
1st Support: 161.78
1st Resistance: 163.62
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EURJPY Technical & Order Flow Analysis (Potential Breakout)Our 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 boost or comment!
"EURJPY Rejecting Premium FVG | Smart Money Trap in Play!"EURJPY Analysis 🧠 | 15M Timeframe
Price has tapped into the Premium Area, reacting off a high-probability Fair Value Gap (FVG) and Order Block confluence.
Signs of rejection are starting to show, but momentum wasn't strong enough to push lower before hitting breakeven.
Key Observations:
Price aggressively tapped the Premium zone (around 79% retracement).
Reaction from the embedded Fair Value Gap inside the premium zone.
Possible minor liquidity sweep above recent highs (Strong High marked).
Discounted zone below remains wide open as a potential future target.
🧠 Smart Money Concept Insight:
Big players often drive price into a Premium Area, triggering breakout trades and trapping liquidity.
After the liquidity is harvested, price tends to rebalance into the Discount Area.
Today, price showed initial bearish reaction but lacked immediate continuation strength — resulting in breakeven protection hit.
Current Trading Plan:
Continue monitoring EURJPY for renewed bearish order flow signs.
TP1 (if re-entry occurs): Mid Discount Area
TP2: Weak Low liquidity sweep below
SL (for any re-entries): Above Strong High
Remember:
📚 Premium = Look for Sell Opportunities
📚 Discount = Look for Buy Opportunities
Stay patient, protect your capital, and wait for price to confirm the next move.
📉 Focus on Smart Money footprints, not emotions.
Elite Validity Check | EUR/JPY
🔖 Header
Current Price & Spread** | **162.176 / 162.20
| **Timestamp (EST)** | 2025-04-29 01:20 |
| **Risk-Level Tag** | **Medium-High** – trading near yearly highs ahead of key EUR data |
| **Bias Checklist** | HTF trend ✅ | confluence ✅ | fundamentals ⚠️ |
| **Confidence Label** | **Technical High / Event-Risk Medium → Overall High** |
---
### 1️⃣ Technical Outlook
* **Multi-TF Trend (W1/D1/H4)** – **Bullish** (higher highs since Nov-24). Price pressing the 2025 top-of-range. ( [EUR JPY Chart – Euro Yen Rate -
* **Structure & Liquidity** –
* **Support**: 161.60-161.30 (H4 OB + prior swing).
* **Resistance**: 162.80 (Feb-25 high) → next liquidity **163.70-164.00** (2024 peak) (
* **Momentum Scan** – Weekly RSI 68 (near overbought); Daily MACD positive but histogram flattening (momentum pause). (
* **Volume** – Monday’s EU session candle closed 22 % above its 20-day avg tick volume (breakout confirmation).
( [EUR/JPY slips below 163.00 as trade-related uncertainties benefit
---
### 2️⃣ Primary Alert Zones
| Zone | Price | Type | Setup Idea 📝 |
|---|---|---|---|
| **Pullback Demand** | **161.60-161.30** | H4 OB + 50 DMA | M15 bullish engulf + > 20 % vol |
| **Breakout Supply** | **162.80-163.00** | Feb swing-high | Scale-out / watch false-break |
---
### 3️⃣ Indicators Snapshot
| Metric | Value | Read-out |
|---|---|---|
| RSI (H4) | 64 | bullish but near hot zone |
| MACD (D1) | >0, hist ↓ | waning momentum |
| ATR 14 (1 h) | **≈ 21 pips** (7-day avg)
| IG Sentiment | **~62 % short** (contrarian bullish)
---
### 4️⃣ Fundamental & Sentiment Radar
* **Tue 02:00** – German CPI flash (EUR).
* **Tue 05:00** – EZ flash GDP & HICP.
* **Thu Japan** – Tokyo CPI (early BoJ inflation gauge).
* **BoJ Outlook** – Next policy mtg ≙ Jun 13; officials jawboning JPY strength → risk of verbal intervention.
* **COT (22 Apr)** – Funds **net-long EUR / net-short JPY** → structural tail-wind. (
EURJPYEUR/JPY Rate Differential and Fundamental Outlook for May 2025
Interest Rate Differential
ECB Main Refinancing Rate: 2.40% (after a 25 bps cut in April 2025).
BoJ Policy Rate: 0.50% (held steady in May 2025).
Rate Differential: 1.90 percentage points (EUR yield advantage).
This gap supports EUR/JPY upside, but the ECB’s easing bias and BoJ’s cautious stance suggest potential narrowing later in 2025.
Key May 2025 Fundamental Drivers
Eurozone (EUR)
GDP Growth:
Eurozone GDP grew 0.4% QoQ in Q1 2025, with Germany expanding 0.2%.
Resilient growth reduces urgency for aggressive ECB easing but does not halt the dovish trajectory.
ECB Policy Outlook:
Markets price in a 25 bps ECB rate cut in June, with further easing expected in 2025.
ECB remains data-dependent amid trade tensions and moderating inflation (2.1% in Germany, 0.8% in France).
Japan (JPY)
BoJ Policy Stagnation:
BoJ kept rates at 0.50% in May, citing risks from U.S. tariffs and downgrading 2025 GDP growth to 0.5%.
Core CPI forecasts trimmed to 2.2% for 2025 and 1.7% for 2026, delaying hawkish shifts.
Trade War Risks:
U.S.-China trade de-escalation optimism reduces JPY’s safe-haven appeal, but Japan’s export reliance keeps growth vulnerable.
Global Factors
Risk Sentiment: Easing U.S.-China tensions favor risk-on flows, weakening JPY.
Fed Policy: Delayed Fed cuts (4.50% rate) bolster USD, indirectly pressuring EUR/JPY via EUR/USD dynamics
ECB Rate Cuts (Expected) Bearish for EUR (narrows rate gap)
BoJ Dovish Hold Limits JPY strength, supports EUR/JPY upside
Eurozone Growth Resilience Mild EUR support, delays aggressive ECB easing
Trade Optimism Risk-on sentiment weakens JPY, bullish for EUR/JPY
Japan’s Growth Downgrade JPY weakness on economic concerns
Base Case:
EUR/JPY likely trades with a moderate bullish bias in May, supported by
The still-significant rate differential (1.90%).
Risk-on flows amid trade de-escalation.
BoJ’s growth and inflation downgrades limiting JPY strength.
Downside Risks:
Surprise ECB dovish rhetoric or faster-than-expected rate cuts.
Escalation in U.S.-Japan/EU trade tensions reviving JPY safe-haven demand.
Summary
The 1.90% rate differential and improving risk sentiment favor EUR/JPY gains in May, but the ECB’s easing trajectory and Japan’s structural challenges create volatility. Traders should monitor:
ECB June Policy Signals (potential 25 bps cut).
Eurozone Inflation Data (May 30–31).
BoJ Rhetoric on tariffs and growth.
While near-term upside persists, the pair’s longer-term outlook remains bearish as ECB cuts erode the rate advantage.
Trendzilla vs Chop Kong (EUR/JPY)The bias for EUR/JPY - in our view - is higher
On the weekly timeframe:
A) WMA has flattened out and price held above it B) downtrend line broken and held
On daily timeframe:
EUR/JPY just broke resistance for possible breakout trade up to the olf high to 166 - and possibly beyond
Thoughts ?
EUR-JPY Free Signals! Sell!
Hello,Traders!
EUR-JPY keeps growing
But the pair will soon hit
A horizontal resistance
Of 164.930 from where
We can enter a short trade
With the Target Level of 163.778
And the Stop Loss of 165.018
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURJPY Short Term Buy Idea Update!!!Hi Traders, on March 27th I shared this idea "EURJPY - Expecting The Price To Bounce Higher Further"
Expected bullish continuation higher until the two Fibonacci support zones hold. You can read the full post using the link above.
Price moved as per the plan here!!!
Price respected the second Fibonacci support zone and bounced higher.
If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀
--------------------------------------------------------------------------------------------------------------------
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURJPY hit TP within 16 minutes.Yes! I love the EUR :) The signal I shared just moments ago has reached Take Profit. You can still wait for the other TP levels to be hit. That’s enough for today.
🔔 I post detailed trade ideas and daily market analysis like this every day on my TradingView profile.
👉 Follow me to get notified and read the full breakdowns.
EURJPY SellLadies and gentlemen, I’ve activated a sell position on EURJPY. The TP level looks quite promising. As shown on the chart, there are 4 different TP levels — feel free to adjust your trade accordingly. I’ll personally be setting my position with a 1:2.50 Risk-Reward Ratio.
🔔 I post detailed trade ideas and daily market analysis like this every day on my TradingView profile.
👉 Follow me to get notified and read the full breakdowns.