Eurjpyshort
EUR/JPY Bullish Breakout Setup with 2.02% Target PotentialEMA 30 (red): 160.813
EMA 200 (blue): 161.441
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Highlighted Zones & Points:
1. Entry Point:
Marked around 160.719 (just below EMA 30)
Positioned in a demand/support zone (highlighted purple box)
2. Resistance Point:
Marked at 161.799
Serves as a minor resistance level before the major target
3. EA Target Point:
Final target is 163.880
This represents a potential move of 3.253 units or 2.02%
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Interpretation:
Bullish Bias: The chart suggests a bullish setup, anticipating a breakout above EMA 200 and the resistance point toward the target of 163…
EUR/JPY – Bearish Setup with Elliott Wave AnalysisThis EUR/JPY daily chart shows an Elliott Wave analysis, suggesting a possible bearish continuation. The current wave structure indicates the pair is moving through the final phase of a five-wave impulsive sequence.
The market has completed three waves of a larger impulsive cycle, with Wave (4)
The price movement between Wave (2) and Wave (4) shows a pause or slowdown after going up. This means the buyers are losing strength, and the price may soon start to fall
If the price gets rejected near 162.900 , it could confirm further downside.
If it breaks below the 159.674 level, it may speed up the decline, with a possible target around 155.526 level.
EURJPY on the Edge of Collapse: Ready for the Drop? Hi Traders ! The price has formed a Head and Shoulders (H&S) pattern on the daily (1D) chart and is approaching the neckline. If it breaks this level with strong momentum, we could see a significant decline, targeting the 135.000 - 140.000 zone.
Key Levels:
✅ Confirmation: Clear break of the trendline.
❌ Stop-loss: Above the right shoulder 165.000.
🎯 Bearish target: 135.000 - 140.000.
We’ll wait for confirmation before taking action. Stay tuned!
Disclaimer: This is not financial advice. Do your own research before making any trading decisions.
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.
EUR/JPY Technical Analysis: Key Support Test and Potential BreakThe image is a technical analysis chart for the EUR/JPY currency pair on a 3-hour timeframe. Here’s a breakdown of the analysis:
Key Elements of the Chart:
1. Support & Resistance Levels:
A resistance level is marked near 161.100.
A support zone is highlighted in purple around the 160.820 - 161.100 area.
A stop-loss level is indicated below 160.820, around 160.259.
2. Exponential Moving Averages (EMA):
200 EMA (Blue Line): 161.100, indicating a long-term trend support.
30 EMA (Red Line): 161.889, representing a short-term trend resistance.
3. Trade Setup:
The price is currently testing the support zone.
A potential long entry (buy position) is anticipated if price bounces from the support level.
Target Point (Take Profit) is set at 164.241.
Risk-
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! 👇
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!
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.
EURJPY Setup IdeaLooking for a long entry, limit order set....
Here is my logic from left to right: we have an short term "double top" forming inside a higher time frame up trend, I'm looking for a run on the stops of traders going short.
We found support at a bullish liquidity pocket (bottom red spot) = Bullish sign
Price completed a bullish harmonic (that grey double top structure is a harmonic) = Bullish sign
Price gave me entry signal with H1 break of structure (blue zone) = Bullish sign
We have equal lows sitting just above the blue line (X's) = Bullish sign
My target is the next red zone even though im projecting this pair to go much higher.
Earlier this week in my newsletter, I gave two zones to look for buy reactions in for EURJPY.
(the huge purple zone on the left, and the bottom red zone within it which currently has a +75 pip reaction.)
Feel free to check it out, the link is in my post signature, and profile bio.
Cheers 🍻
eurjpy analysis ellio. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
eurjpy sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
eurjpy buy signal
Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
eurjpy buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
EURJPY - Expecting Retraces Before Prior Continuation HigherHi Traders, on March 12th I shared this "EURJPY Short Term Buy Idea"
We expected to see correction prior to the bullish continuation. You can read the full post using the link above.
Price is moving as per the plan!!!
Based on the current scenario my bullish view still remains the same here.
We have bearish divergence in play based on the moving averages and histogram of the MACD and I expect to see retraces now before further continuation 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! 🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.-
EURJPY sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
EURJPY forming a top?EURJPY - 24h expiry
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
There is no sign that this bullish momentum is faltering but the pair has stalled close to a previous swing high of 162.36.
This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower.
Preferred trade is to sell into rallies.
Although the anticipated move lower is corrective, it does offer ample risk/reward today.
We look to Sell at 162.30 (stop at 163.22)
Our profit targets will be 159.68 and 157.60
Resistance: 164.15 / 166.70 / 169.90
Support: 160.75 / 159.35 / 157.60
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.
EUR/JPY Weekly Forecast – Liquidity Grab Before Bullish Move 🔍 Market Overview:
EUR/JPY is currently approaching a key weekly sell-side liquidity zone. We anticipate that institutions will sweep this liquidity before driving price higher for a long-term bullish trend.
🎯 Trade Plan:
✅ Wait for Liquidity Grab: Look for price to take out the weekly sell-side liquidity (SSL) before considering long positions.
✅ Confirmation Zone: Watch for a strong reversal signal near demand zones after the liquidity sweep.
✅ Bullish Targets:
Target 1: First supply zone after BOS (Break of Structure).
Target 2: Higher timeframe order block for extended bullish move.
📊 Key Market Confluences:
🔹 Liquidity Sweep: Institutions may clear weak buy-side traders before reversing.
🔹 Smart Money Concept (SMC): We need a clear Change of Character (ChoCH) for bullish confirmation.
🔹 Institutional Order Flow: Watch for high-volume rejections & price absorption signs.
🚀 Best Trading Sessions to Monitor:
📌 London & New York Overlap – High volatility expected for entry confirmation.
⚠️ Risk Management:
Patience is key! Wait for the liquidity grab and a strong bullish reaction before entering long positions. No FOMO!
💬 Do you see EUR/JPY flipping bullish after liquidity sweep? Comment below! 👇🔥
EUR/JPY – High-Probability Short Setup 1️⃣ Market Overview – Bearish Bias Confirmation
EUR/JPY remains in a strong downtrend, forming lower highs and lower lows. Currently, the price is retracing into a critical Fibonacci resistance zone, making this a prime opportunity to short the pair in line with institutional sentiment and seasonality trends.
2️⃣ Fibonacci Levels – Identifying Key Resistance
The Fibonacci retracement is drawn from the most recent bearish impulse.
Resistance Zone: 0.5 (156.888) to 0.786 (157.107) – a high-probability rejection area.
If price fails to break above this zone, a continuation to the downside is expected.
Prime Seasonality Insights – Historical Data Supports the Short Bias
📊 Seasonality trends over 15 years indicate that EUR/JPY historically declines in late February and early March.
🔻 February seasonality performance: -0.7% average return
🔻 Next 3-5 day forecast: Bearish probabilities (-0.06% to -0.21%)
🔻 Seasonality prediction candles show a short-term retracement, followed by downside continuation.
💡 This aligns with the technical setup, reinforcing a short bias.
4️⃣ Retail Sentiment – Smart Money Edge
🚨 79% of retail traders are LONG on EUR/JPY – a contrarian signal for a short trade.
🔻 Institutions (Smart Money) are aggressively shorting EUR/JPY, as seen in COT data.
🔻 Commitment of Traders (COT) Report shows increased institutional short positioning.
🔻 Retail traders trapped in longs will likely get stopped out, fueling further downside.
5️⃣ Technical Confirmation – Trendline & Indicators
✅ Price is below all major EMAs (6, 24, 72, 288) on the 4-hour chart.
✅ Supertrend remains bearish on the 4-hour timeframe.
✅ A downward sloping trendline aligns with the Fibonacci resistance zone.
💡 I will wait for confirmation (rejection wick, bearish engulfing candle) before entering a short position.
6️⃣ Conclusion – Trade Plan for EUR/JPY
🔹 Bias: Bearish due to downtrend, Fibonacci resistance, seasonality, and institutional short positioning.
🔹 Trade Setup:
Sell EUR/JPY at 156.88 - 157.10 (Upon rejection)
Stop Loss: Above 157.26
Take Profit Targets: 156.30, 156.04, 156.00
🔹 Key Confirmation: Retail traders are trapped in longs, seasonality supports further downside, and institutions are short.
🚀 This is a prime example of how combining Seasonality, Smart Money Positioning, and Technicals can create a powerful trade setup.
📌 What’s your outlook on EUR/JPY? Let’s discuss in the comments!