JPYEUR trade ideas
EURJPY Trade IdeaEUR/JPY showed a minor sell-off as yen gains due to tariff uncertainty. It hits an high of 164.60 and is currently trading around 163.41. Intraday outlook is bullish as long as the support 163 holds.
Technical Analysis:
The EUR/JPY pair is trading above 34, below 55 EMA and above 200-4H EMA on the 4- hour chart.
Near-Term Resistance: Around 164 a breakout here could lead to targets at 164.60/ 165/166.65/167.
Immediate Support: At 163.40 if breached, the pair could fall to 163/162/ 161.49/160.50/160/ 159.25/158.85/158.25.
Indicator Analysis 4-hour chart):
CCI (50): Bullish
Average Directional Movement Index: Neutral
Overall, the indicators suggest a mixed trend
Trading Recommendation:
It is good to buy on dips around 163 with a stop loss at 162 for a TP of 165/166.65.
EUR/JPY Weekly Analysis📊 EUR/JPY Weekly Analysis
🔍 Technical Insight by Shaker Trading
🔻 Bearish Market Structure:
Strong Descending Channel (Daily):
The pair is currently moving within a clear downward channel on the daily timeframe, reflecting continued bearish pressure.
Key Demand Zones (Daily):
Several strong demand areas are visible on the daily chart, which could serve as potential bounce points.
Overbought Signals on RSI & MACD:
Both the RSI and MACD indicators are showing signs of overbought conditions, suggesting the bullish momentum may be weakening.
📌 Trading Outlook:
We expect the bearish movement to continue. However, short-term pullbacks may occur from the demand zones before resuming the downtrend. Trade with caution and wait for confirmation signals.
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EURJPY: Short Trade Explained
EURJPY
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short EURJPY
Entry Point - 163.91
Stop Loss - 164.69
Take Profit - 162.42
Our Risk - 1%
Start protection of your profits from lower levels
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EURJPY Will Go Up From Support! Long!
Take a look at our analysis for EURJPY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 163.939.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 168.000 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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EUR/JPY for JPY Strength into BoJEUR/JPY has held resistance at a familiar spot on the chart, from the 163.00 level up to 163.38. This has been the same resistance that's held in the pair for the past seven weeks and for those looking for JPY-strength around tonight's BoJ rate decision, this can be an attractive venue. USD/JPY would have the complication of the 140.00 level which has been major support but for EUR/JPY, the broader context here remains digestion, with a descending triangle formation holding on the weekly chart. Key support for the formation is at 155.00 and logically the 160.00 level looms large for downside setups as that price held a pensive series of tests earlier in April. - js
EURJPY – Technical Outlook & Strategic Perspective (Apr 29 – May
📊 EURJPY
Over the recent sessions, I’ve identified an interesting structure forming on the **EUR/JPY** pair, pointing to a potential **short-term bullish move** over the next **2 to 3 days** before a possible trend reversal starts to materialize.
My bias is based primarily on the **presence of Fair Value Gaps (FVGs)** that have yet to be filled. These imbalances suggest the market may seek to revisit these zones to balance liquidity. Additionally, there are clear signs of buyer defense in a sensitive price region, reinforcing the thesis of a **technical recovery** before any long-term directional decision.
🧠 :
- Support zone respected after selling pressure eased.
- FVGs identified in alignment with a potential pullback structure.
- Expectation of a bullish move toward upper liquidity zones, with partial TPs set near **162.546** and extended targets around **163.770/163.776**.
🎯 **Plan:**
- Entry already triggered upon confirmation.
- Stop-loss safely placed below recent swing low (161.770).
- Take Profits aligned with FVGs and a risk-to-reward ratio of over 1:2.
🔎 *Strategic Note:* Once these value zones are filled, I’ll be closely monitoring for **Change of Character (CHOCH)** signals that could confirm the start of a new cycle on the pair. For now, my focus is on **gap-filling and market equilibrium** before any long-term directional play.
📍Posted by: Emerson Massawe
Trader | Strategist | COO of Rodaviva | CEO of Xerof Capital
Bearish Outlook on EurjpyA bearish outlook on EUR/JPY (Euro/Japanese Yen) typically stems from either Euro weakness, Yen strength, or a combination of both. Here are several current or general themes that could support a bearish bias:
1. Risk-Off Sentiment (Yen Strength)
The Japanese Yen is a safe-haven currency, which tends to strengthen during global risk aversion (e.g., geopolitical tensions, stock market declines, or economic uncertainty).
If equities fall or global sentiment sours, JPY demand can rise, pushing EUR/JPY lower.
2. ECB Dovishness (Euro Weakness)
If the European Central Bank (ECB) signals or enacts rate cuts, this weakens the Euro.
For instance, recent soft Eurozone inflation or poor economic data may prompt ECB easing, lowering EUR/JPY.
3. BOJ Policy Normalization (JPY Strength)
If the Bank of Japan (BOJ) continues shifting away from ultra-loose monetary policy (e.g., exiting negative rates, allowing JGB yields to rise), this could strengthen the Yen.
Any hawkish surprise from the BOJ is typically JPY-positive.
4. Technical Setup
On the charts, if EUR/JPY is failing at resistance (e.g., near a long-term high or a fib retracement), or showing bearish divergence on RSI/MACD, it could signal a top.
A break below key support zones (e.g., 160.00 or 158.00) might accelerate downside momentum.
5. Positioning and Sentiment
If traders are heavily long EUR/JPY (crowded trade), a reversal or sharp correction is more likely if sentiment shifts.
EURJPY strong bearish expectations
OANDA:EURJPY strong bullish expectations i am have, but things will not go like expected..
Currently price in DESCENDING CHANNEL, in moment we are have break of same, but price is make revers in zone and pushing now bearish.
Here now exepcting fall till trend line.
SUP zone: 163.000
RES ozne: 159.500, 158.500