Get started

Euro / Japanese Yen

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

EURJPY trade ideas

#EURJPY: Major Swing Sell +1100 Pips, One Not To Miss! The Japanese Yen (JPY) is most likely to continue its bullish trend, as the Dollar Index (DXY) is expected to decline due to the ongoing conflict between Israel and Iran. Historically, JPY and CHF, alongside gold and silver, have been favoured by global investors and remain bullish. Strong fundamentals and technical support further support our analysis. The 167-169 price region remains a critical point for sellers, where we anticipate significant selling volume. There are two entry points to consider: one near the current price and another slightly further away. Please monitor volume and use smaller time frames for entries. Our Swing Target is at 154, but you can also target smaller zones once the trade is activated. For instance, set take-profit levels at 164, 160, and finally, at 154. To encourage and support us, you can like the idea, comment on it, or share it. Team Setupsfx_ ❤️❤️🚀🚀
Short
by Setupsfx_
24
EURJPY - Already Over-Bought!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈EURJPY has been overall bullish trading within the rising wedge pattern marked in blue. However, it is currently retesting the upper bound of the wedge. Moreover, the green zone is a major weekly high. 🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper blue trendline and weekly high. 📚 As per my trading style: As #EURJPY approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by TheSignalyst
17
EURJPY Just Broke Out – Is This the Start of a Summer Rally?📊 1. COT Report – Euro & Yen EUR (Euro FX – CME): Non-Commercials: Long: +5,968 | Short: -4,293 → Net Long increasing Commercials: Long: +11,480 | Short: +24,451 → Net Short → Speculators are clearly bullish on the euro. JPY (Japanese Yen – CME): Non-Commercials: Long: -5,319 | Short: +1,235 → Net Long decreasing Commercials: Long: +31,893 | Short: +25,462 → Hedging, but still net short → The yen continues to be sold, especially by institutional players. 📌 EUR/JPY COT Summary: Speculators are buying EUR and selling JPY → strong bullish bias on EUR/JPY. 🧠 2. Retail Sentiment 80% of retail traders are short EUR/JPY, with an average entry at 161.50 Current price is around 167.20 → retail is heavily underwater ✅ Strong contrarian bullish signal 📉 3. Technical Analysis Price broke out of a long-term range, printing new yearly highs RSI is overbought but with no active bearish divergence Price sits inside a major supply zone between 166.50 and 168.00, where previous rejections occurred A potential pullback to the 164.60–164.15 area aligns with ascending trendline support 🟡 Likely Scenario: A healthy technical pullback to 164.50–165.00 to cool off RSI, followed by a continuation higher if supported by momentum and COT positioning 📅 4. Seasonality June is historically a bullish month for EUR/JPY: 5-year avg: +1.167% 2-year avg: +2.41% → Seasonality supports more upside into early July 🌍 5. Macro Context BoJ remains dovish, no sign of imminent tightening ECB is steady but relatively less dovish → rate differential still favors the euro No signs yet of verbal intervention from Japan.
Long
by EdgeTradingJourney
7
EURJPY Bulls in Trouble? Massive Rejection Signals📉 Full Multi-Factor Analysis – EUR/JPY 🔍 1. Price Action EUR/JPY strongly rejected the key supply zone between 164.80–165.50, aligned with a major static resistance. Last week's breakout was invalidated by a clear bull trap, followed by a bearish engulfing candle. Price broke below the ascending channel drawn since April and is now heading toward the 162.00 demand area. The weekly RSI shows a bearish divergence, confirming a slowdown in momentum. ➡️ Technical Bias: Bearish toward 161.50–162.00, with a possible extension to 160.00. 💼 2. COT Data – Commitment of Traders EUR Futures (CME) Strong increase in commercial longs (+16,095) and non-commercial shorts (+4,830). Suggests smart money is accumulating while retail/speculators are pressing shorts — potential accumulation, but no breakout yet. JPY Futures Significant rise in non-commercial shorts (+10,575), while long positions declined. The yen remains pressured, but extreme positioning could fuel a reversal if sentiment flips. ➡️ COT Takeaway: Euro remains in bullish consolidation. Yen is heavily oversold — ripe for mean reversion. Caution warranted. 📊 3. Retail Sentiment 80% of retail traders are short from an average price of 160.46, while price now sits at 164.86. The crowd is deep in drawdown — a typical condition for short-term consolidations or fakeouts before reversals. ➡️ Implication: Price may hover around 164+ to trap remaining retail shorts before unwinding. 📈 4. Seasonality June seasonality for EUR/JPY is historically neutral to bearish. Only the 5-year data shows strength, while 15Y and 20Y trends reveal consistent downside starting mid-June. ➡️ Seasonal Outlook: Adds further weight to a bearish correction scenario for the second half of the month. ✅ Actionable Summary 📌 Weekly Bias: Bearish 📉 Main Target: 162.00–161.50 📉 Extended Target: 160.00 📈 Invalidation: Weekly close above 165.60 🧠 Final Thoughts All major elements — price action, COT, sentiment, and seasonality — point toward a corrective move on EUR/JPY. Given the strong underlying trend and retail’s positioning, watch out for bull traps before deeper downside. Best setup: Sell the pullback or wait for clean breakdown below 163.00.
Short
by EdgeTradingJourney
10
EURJPY – Daily Chart selling zone alert |||||Price is approaching a major higher-timeframe supply zone near 168.000 – 172.000, an area historically respected by institutional sellers. This zone aligns with a previous price rejection and a trendline resistance visible on a multi-year chart. Expecting a possible liquidity grab into the zone followed by a sharp rejection. --- 🧠 Smart Money Insight: Possible SMC-style reaction anticipated: Liquidity inducement above highs Sharp rejection from seller zone BOS (Break of Structure) for confirmation Right-side inset illustration highlights expected distribution before drop. --- 🔎 Key Technical Levels: Supply Zone: 168.000 – 172.000 Current Price: 166.420 Target After Rejection: 150.000 – 148.000 Invalidation Above: 173.500 --- 🧩 Trading Plan: Wait for price action confirmation in the supply zone. Look for M15/H1 shift in structure and strong bearish engulfing patterns. Risk management is key: Place stop-loss above zone highs.
Short
by Greenfireforex
2
EUR-JPY Pullback Ahead! Sell! Hello,Traders! EUR-JPY keeps growing Just as I predicted in my Previous analysis and the Pair is locally overbought So after the pair hits the Horizontal resistance above At 166.715 we will be Expecting a local pullback And a bearish correction 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.
Short
by TopTradingSignals
1
EUR/JPY Approaching Key Sell Zone – Rising Wedge at Resistance EUR/JPY is trading within a rising wedge formation and is now approaching a key resistance zone near 167.583. The current area is marked as a potential sell zone, especially as price nears the upper boundary of the wedge and key horizontal resistance. A rejection from this area could lead to a corrective move toward the 165.363 or 164.419 support levels. However, a clean breakout above 167.583 would invalidate the short-term bearish scenario. 🔻 Sell Zone: 167.40 – 167.58 🔹 Target 1: 165.36 🔹 Target 2: 164.41 🔹 Pattern: Rising wedge 🔹 Timeframe: 4H 🔹 Bias: Bearish unless breakout confirmed
Short
by piporia
EURJPY Will Go Higher From Support! Buy! Please, check our technical outlook for EURJPY. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 164.890. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 166.192 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. 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!
Long
by SignalProvider
1
EURJPY Up Trend breakdown ahead selling strong now EURJPY Bearish Breakdown Alert! 🔥 The bullish trend has been broken decisively with a strong bearish engulfing candle on the 1H timeframe — sellers are now in full control! 👊 💥 Entry Level: 165.600 🎯 Technical Targets: 1st Target: 164.700 (Key Demand Zone) 2nd Target: 164.000 (Next Demand Zone) 3rd Target: 163.100 (Bullish Order Block) 📊 Watch for momentum and possible reaction at each zone — manage risk accordingly! — 🔔 Like, follow, comment, and join us for more real-time trade setups and updates! By Livia 😜 — trade smart, stay sharp! 💼📈
Short
by LIVIATRACK
1
EUR/JPY Short Pair: EUR/JPY Timeframe: 1H Entry: Sell only below 166.680 Stop Loss: 167.230 Take Profit Targets: 165.500 Risk/Reward Ratio: ~2.2 This short trade setup on EUR/JPY (1H timeframe) is based on a potential breakdown of the ascending trendline that has been supporting recent bullish momentum. Price action shows signs of exhaustion near the 167.20 resistance area, with bearish divergence on the RSI and weakening MACD momentum. To maintain discipline and avoid premature entries, the trade will only be triggered if a new candle opens below 166.680, confirming a valid break of structure. The position will be protected with a stop loss at 167.230, above the recent high, while the take profit target is set at 165.500, offering a clean move back to previous support levels. This setup maintains a favorable risk/reward ratio of approximately 2.2, making it suitable for short-term swing traders seeking high-probability confirmation-based entries.
Short
by GODOCM
EURJPY LONG FORECAST Q2 W25 D16 Y25EURJPY LONG FORECAST Q2 W25 D16 Y25 Professional Risk Managers👋 Welcome back to another FRGNT chart update📈 Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure. Let’s see what price action is telling us today! 👀 💡Here are some trade confluences📝 ✅Weekly 50 EMA ✅15' Order block identification ✅Daily Order block rejection ✅4H order block identification 🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies. 📈The rest, we leave to the balance of probabilities. 💡Fail to plan. Plan to fail. 🏆It has always been that simple. ❤️Good luck with your trading journey, I shall see you at the very top. 🎯Trade consistent, FRGNT X
Long
by JCFRGNT