EURJPY → False breakout of resistance. Reversal?FX:EURJPY is testing the resistance of the trading range as part of a distribution movement, but the situation ends with a false breakout and price consolidation within the flat.
Against the backdrop of the falling dollar, the Japanese yen is strengthening and thus exerting a corresponding influence on the currency pair. EURJPY is forming a false breakout of resistance within a distribution movement formed after a retest the support of the flat. The price returns to the channel. After a false breakout of resistance and a return of the price below a strong key level, a base is forming in the form of support at 163.2 (trigger).
Resistance levels: 163.4, 163.6
Support levels: 163.2, 162.7
A breakdown of the 163.2 trigger and price consolidation below the key level could intensify the sell-off, triggering a further decline.
Best regards, R. Linda!
JPYEUR trade ideas
Lingrid | EURJPY support Zone Buy Setup in Sideways MarketThe price perfectly fulfilled my previous idea . FX:EURJPY is currently hovering above the 162.810 breakout level after reclaiming it following a fake breakout to the downside. The price action forms a potential higher low above the upward trendline, suggesting bullish continuation is in play. A successful bounce here could aim for 164.450 as the next resistance test. Momentum will likely pick up if the price stays above the rising trendline.
📈 Key Levels
Buy zone: 162.810
Buy trigger: bullish candle bounce above trendline
Target: 164.450
Sell trigger: daily close below 162.810
💡 Risks
Trendline failure would negate bullish structure
Resistance at 164.450 could attract sellers
Consolidation may extend before a breakout confirms direction
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
EURJPY: Bearish Continuation
Balance of buyers and sellers on the EURJPY pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
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EURJPY could be about to soarThe price is stuck in a large ascending triangle pattern. But with stocks moving higher, cryptocurrencies gaining momentum, and the trade war easing, could this pattern finally break? Watch the video to see which levels matter.
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EURJPY still to expect bearish for new week
OANDA:EURJPY strong bearish bounce from top line of price action, currently price in rectangle and on bottom line of price action.
EUR with all showing self the weakest in last periods and expectations are still to see weaknes, here expecting break of rectangle and trend line of PA and higher bearish continuation till res zone.
SUP zone: 163.300
RES zone: 160.600
EURJPY Wave Analysis – 26 May 2025
- EURJPY reversed from key support level 161.40
- Likely to rise to resistance level 165.00
EURJPY currency pair recently reversed up from the key support level 161.40 (which has been reversing the price from the middle of April), coinciding with the lower daily Bollinger Band
The upward reversal from the support level 161.40 created the daily Japanese candlesticks reversal pattern Long Legged Doji.
EURJPY currency pair can be expected to rise to the next resistance level 165.00, which has been reversing the price from last November.
EUR/JPY: Bulls Warming Up for the Next Leg !!Hey Traders
Price is holding above key structure and showing signs of bullish continuation. If momentum sustains, buyers could push price toward higher targets.
🎯 Target: 164.140
📌 (Not financial advice)
#EURJPY #ForexSetup #BullishBias #SmartMoney #PriceAction #FXTrading #TechnicalAnalysis #EuroYen
Bearish reversal?EUR/JPY is rising towards the resistance level which is an overlap resistance that lines up with the 50% Fibonacci retracement and could drop from this level to our take profit.
Entry: 163.18
Why we like it:
There is an overlap resistance level that lines up with the 50% Fibonacci retracement.
Stop loss: 163.18
Why we like it:
There is a pullback resistance level that is slightly above the 61.8% Fibonacci retracement.
Take profit: 161.61
Why we like it:
There is a pullback support level.
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EUR JPY TECHHello dear traders :) It's time to share my new tech!
As we see here we have many reasons to think its ok position to open Long EURJPY
We got a strong uptrend here. We have 16 days LONG strong up channel in this pair. also a nice support point inside.
Our trades price target is near +60 pips (Take Profit).
If you have any Questions? Ask me!
FxCROWN :)
Thank you
EURJPYEUR/JPY Economic Data, Bond Yields, and Carry Trade Analysis (May 25–31, 2025)
Key Economic Data Releases (May 25–31, 2025)
Date Time (UTC) Region Event Impact Previous Consensus
May 25 18:40 USD Fed Chair Powell Speech High — —
May 25 23:01 EUR Consumer Confidence (May) Low 58.7 59.1
May 26 05:00 EUR PPI YoY (Apr) Low 0.5% 1.1%
May 26 05:00 JPY Leading Economic Index (Mar) Low 108.2 107.7
May 26 05:00 JPY Coincident Index (Mar) Low 117.3 116.0
May 26 10:00 EUR Balance of Trade (Mar) Low -€0.61B -€0.68B
May 28 06:45 EUR GDP Growth Rate QoQ (Q1) Low -0.1% 0.1%
May 28 07:55 EUR Unemployment Rate (May) High 6.3% 6.3%
May 29 05:00 JPY Consumer Confidence (May) High 31.2 31.8
May 29 23:30 JPY Tokyo Core CPI YoY (May) Low 3.4% 3.5%
Key Focus: Eurozone unemployment (May 28) and Japanese consumer confidence (May 29) are high-impact events. Fed Chair Powell’s speech (May 25) may also influence USD-driven crosswinds in EUR/JPY.
10-Year Bond Yields (as of May 22–24, 2025)
Eurozone 10-Year Yield: 3.17% (up from 3.15% previous day, 3.10% YoY) .
Japan 10-Year JGB Yield: 1.57% (up from 1.53% previous day, 1.01% YoY) .
Interest Rate Differential:3.17%(EUR)−1.57% (JPY)=+1.60% the 3.17% (EUR)−1.57% (JPY)=+1.60%
Carry Trade Advantage
The 1.60% yield spread favors the euro, making EUR/JPY attractive for carry trades. Investors borrow JPY at low rates and invest in EUR-denominated assets to profit from the differential.
Key Considerations:
Upcoming Data Impact:
Stronger-than-expected Eurozone data (e.g., GDP, unemployment) could widen the yield spread, boosting EUR/JPY.
Higher Japanese CPI or consumer confidence might tighten BoJ policy, raising JGB yields and narrowing the spread.
Technical Outlook:
EUR/JPY is sensitive to risk sentiment. Geopolitical tensions or USD volatility (from Powell’s speech) could disrupt carry trade flows.
Historical Context:
The Eurozone yield is above its long-term average (2.48%) , while Japan’s remains below its average (2.06%) , reflecting divergent monetary policies.
Summary Table
Metric Eurozone (EURO Japan (JPY)
10-Year Bond Yield 3.17% 1.57%
Interest Rate Differential +1.60% —
Key Economic Events Unemployment, GDP Consumer Confidence, CPI
Conclusion
The EUR/JPY pair is supported by a 1.60% yield differential, favoring carry trades. However, upcoming Eurozone unemployment data (May 28) and Japanese consumer confidence (May 29) could shift bond yields and the exchange rate. Traders should monitor these releases alongside broader risk sentiment to assess carry trade viability.
#EURJPY