EURJPY trade ideas
EURJPY Sell - May 13, 2025📍Context:
Reaction from Daily Orderblock
Clear 15m BOS
Two Asia lows & a gap in our direction
Entry at 15m OB with 0.5% risk
If price gives a 1m BOS within the OB, I’ll add another 0.5% to go full risk.
Even though there’s a 5m OB above, I’m comfortable taking the trade if we show signs of rejection.
🎯 TP: Targeting Asia lows and continuation down with clean structure.
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.
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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.
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EURJPY Trading Opportunity! SELL!
My dear subscribers,
My technical analysis for EURJPY is below:
The price is coiling around a solid key level - 164.33
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 163.45
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
EURJPY → Storming the resistance. Ready for the rallyFX:EURJPY is rising amid a stronger dollar and positive news about the de-escalation of the trade war. The currency pair is storming the resistance of the range.
The currency pair is forming a retest of resistance. A breakout and consolidation above 164.19 - 164.50 could support the market amid the dollar's growth.
The dollar is strengthening after positive news related to the de-escalation of the trade war. Against this backdrop, the Japanese yen is losing ground, which is generally affecting EURJPY.
A move above the key level will confirm a breakout of the resistance of consolidation, which could trigger a distribution phase...
Resistance levels: 164.19, 166.7
Support levels: 163.15, 162.38
The price has already entered the buying zone, meaning that resistance has been broken. All that remains is to wait for confirmation that the bulls are ready... Consolidation above 164.19 - 164.5 will confirm this, and in that case, we can expect distribution towards 166.7.
Best regards, R. Linda!
EURJPY SELL TRADETop-down analysis
- Weekly timeframe indicates a ranging market with price at a major resistance
- Last Daily candle was bearish below the major resistance
- Price has tested major resistance and formed a lower low
- Inverse pinbar (bearish) formed followed by a Bearish Engulfing on H1 which was signal for first entry
- Current pullback ongoing and signal on H1 for sell during start of Asian session would be the right move.
Mrwarm cares...
EURJPY sell order overview EURJPY kicked a very bullish momentum for the passed one week. After price cleared (163.00 *** Area )✅✅ To a new weekly high (163.848)
A buy pause ⏯️ confirmed at 163.848 . EURJPY will maintain a short order (likely) from 163.848 price . To 163.097 price zone ...
(163.097) Is the next price focus for the week...
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:
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!