JPYEUR trade ideas
EURJPY Will Fall! Short!
Here is our detailed technical review for EURJPY.
Time Frame: 6h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 164.491.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 163.510 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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
EUR/JPY BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
We are going short on the EUR/JPY with the target of 163.215 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
EURJPY 1H – Bearish Divergence & Structure WatchEURJPY 1H – Bearish Divergence & Structure Watch
⚠️ Bearish Divergence Spotted | Structure Break Incoming? ⚠️
Spotted a clear bearish divergence between Wave 3 and Wave 5 on both price and the AO (Awesome Oscillator).
While price made a higher high, momentum failed to follow — a classic sign of weakening bullish pressure.
Now, price is sitting on a key structure zone at 164.65.
⛔ If this support breaks, expect a potential shift in trend.
Stay alert — once the structure is broken, sellers might step in hard. Be ready!
🔻 Eyes on the next move!
#EURJPY #PriceAction #Divergence #StructureBreak #TradingSetup #ForexAnalysis
EURJPY DAILY ANALYSIS OANDA:EURJPY 1H : Bullish BOS + OB + IMB + GAP 15m : Bearish MSS + OB + IMB
EXPACTION : Currently, the price has hit the 15-minute zone and formed a 3-minute MSS, but since it is near the Asian ceiling, I will wait for the BOS. If the 15-minute zone is broken, the trend will be bullish. But if it respects the 15-minute zone, I can be sure that we can fall to the 1-hour zone.
I will post my LTF trading idea in the private section. Be sure to follow and like the post.
EURJPY once again breaks key resistance.The bulls are having another attempt on moving FX_IDC:EURJPY higher. Do they have enough steam? Let's find out...
MARKETSCOM:EURJPY
Let us know what you think in the comments below.
Thank you.
77.3% 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. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.
Going short on this tradeThis market is going short. Its at a nice daily/ monthly resistance and its been hitting that area for while trying to break but i dont see a strong enough momentum to the upside. i took entry at 163.834 and hoping it drops down to 161.423 to 160.496 or further down . Another thing on the 4hr it did create a head and shoulder pattern which could mean she will have a nice drop so lets see what Ej does if she has a big drop or not .
EURJPY Forms Ascending Wedge Near Key ResistanceEURJPY price action is contracting as it approaches the 165 resistance level. The newly formed wedge-like pattern could be an early sign that bulls are starting to lose control. Asian currencies have begun gaining strength recently, and the Taiwan dollar’s surprise move is just one example of this trend.
At the same time, USDJPY is testing a major broken trendline (see our earlier post linked below). If USDJPY gets rejected at this level while EURUSD got rejected as well from the resistance around 1.1275, there is a strong chance that EURJPY could break out of the ascending wedge pattern to the downside.
In that scenario, the first strong target would be the 160 level, followed by a potential move toward the major 155 support, depending on broader market conditions.
EURUSD:
USDJPY:
EURJPYEUR/JPY Interest Rate Differential, Upcoming Economic Data, and Directional Bias (May 2025)
Interest Rate Differential Overview
Eurozone (ECB):
The European Central Bank is expected to cut rates by 25 basis points in June 2025, with inflation forecasts lowered (e.g., core CPI forecast for 2026 revised down to 1.7%). This signals a dovish bias and easing monetary policy ahead.
Japan (BoJ):
The Bank of Japan maintains a very low policy rate at 0.5%, with cautious communication about gradual rate hikes. The 10-year JGB yield recently declined to 1.32%, reflecting market skepticism about sustained tightening amid global uncertainties. The BoJ plans up to two more hikes by Q1 2026 but remains sensitive to financial market volatility and yen strength.
Resulting Differential:
The Eurozone currently offers a higher interest rate environment than Japan, but with expected ECB cuts and cautious BoJ tightening, the differential remains wide but may narrow over time. This wide differential has historically supported EUR/JPY strength.
Upcoming Key Economic Data and Events
Date Event Potential Impact on EUR/JPY
May 7, 2025 ECB Meeting (no rate change expected) Market eyes June cut; dovish tone could weaken EUR temporarily.
May 7, 2025 BoJ Policy Statement & Press Conference Watch for guidance on future hikes; dovish signals could weaken JPY further.
May 15, 2025 Eurozone CPI Data (April) Soft inflation supports ECB easing, bearish EUR bias.
May 15, 2025 Japan CPI Data (April) Inflation trends influence BoJ tightening path; lower inflation weakens JPY.
May 30, 2025 Eurozone Economic Sentiment Weak sentiment may pressure EUR.
June 6, 2025 ECB Rate Decision Expected 25bps cut could weaken EUR and EUR/JPY.
Directional Bias and Price Outlook
Current Price: Around ¥162.5 (early May 2025).
Short to Medium Term:
EUR/JPY is trending higher due to the wide interest rate differential favoring the euro and ongoing BoJ caution.
Market expects ECB easing and BoJ gradual tightening, which may keep EUR/JPY supported but with volatility around ECB meetings and inflation prints.
Lack of recent Japanese intervention to strengthen the yen has allowed EUR/JPY to drift higher.
Summary Table
Factor Impact on EUR/JPY
Wide Eurozone-Japan rate differential Supports EUR/JPY upside
ECB easing expectations Could pressure EUR short term
BoJ cautious tightening Weakens JPY, supports EUR/JPY
Soft Eurozone inflation data Bearish for EUR, limits gains
Lack of JPY intervention Allows EUR/JPY to trend higher
US-China trade tensions easing Risk-on sentiment supports EUR
Conclusion
EUR/JPY’s near-term strength is primarily driven by a wide interest rate differential favoring the euro, combined with a cautious Bank of Japan and expectations of ECB rate cuts. Upcoming inflation data and central bank meetings are key catalysts that could cause volatility. Traders should watch ECB June decisions and BoJ communications closely, as these will influence the pace of monetary policy divergence and EUR/JPY direction.