JPYEUR trade ideas
EUR/JPY SHORT FROM RESISTANCE
EUR/JPY SIGNAL
Trade Direction: short
Entry Level: 172.270
Target Level: 170.790
Stop Loss: 173.255
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 8h
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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EURJPY Technical & Order Flow AnalysisOur analysis is based on a multi-timeframe top-down approach and fundamental analysis.
Based on our assessment, the price is expected to return to the monthly level.
DISCLAIMER: This analysis may change at any time without notice and is solely intended to assist traders in making independent investment decisions. Please note that this is a prediction, and I have no obligation to act on it, nor should you.
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EURJPY, This Week.Main Parameters
1. Monthly timeframe - Bullish
2. Weekly timeframe - Bullish
3. Daily timeframe - Bullish
4. Intraday timeframes - Bullish
Other Parameters
5. JPY Basket - Bearish (positive with main parameters)
6. COT Data - EUR (Net Long with main parameters) JPY (Net Short with main Parameters).
Based on all these parameters, we are taking a long position risking not more than 18 Pips, targeting a 1:10+ at significant weekly level where we are targeting to take our profits.
EURJPY 15MIN Timeframe Sell tradeAt the current exchange rate of 172.240, the EURJPY pair appears to be in a bearish setup according to the SMC analysis. This assessment is supported by both divergence and candlestick confirmation. Based on these indicators, I anticipate that a sell trade could yield a profitable outcome.
SL: 172.455
TP: 171.645
EURJPY Massive Long! BUY!
My dear friends,
Please, find my technical outlook for EURJPY below:
The price is coiling around a solid key level - 171.15
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 172.11
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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 – Bearish Reversal Looming from Key Resistance ZoneAfter a strong recovery rally, EURJPY has once again hit the 172.30 resistance zone a level that has repeatedly acted as a ceiling for price action. This latest retest comes with signs of momentum fading, and I’m eyeing a potential reversal that could send the pair back toward key support zones. With broader yen strength creeping in on safe-haven flows and the euro’s upside capped by a cautious ECB, this setup is looking primed for sellers to step in.
Current Bias
Bearish – The pair is struggling to break and hold above the 172.30 resistance zone. Price action is showing rejection wicks on the H4 chart, indicating potential distribution before a move lower.
Key Fundamental Drivers
Euro Side: The ECB remains cautious on further tightening, with growth concerns in the eurozone limiting the upside for EUR. Recent industrial production softness and muted inflation expectations cap bullish momentum.
Yen Side: The BoJ’s shift toward a slightly less accommodative stance, combined with safe-haven demand amid global trade tensions and Trump’s tariff rhetoric, supports JPY strength.
Risk Sentiment: Ongoing uncertainty around global growth and trade flows benefits JPY as a defensive asset, putting downside pressure on EURJPY.
Primary Risk to the Trend
A surprise hawkish tilt from the ECB or strong eurozone economic data could fuel renewed buying pressure, forcing a breakout above 172.98.
A sudden drop in risk-off sentiment or a rebound in global equities could weaken JPY demand and negate the bearish bias.
Most Critical Upcoming News/Event
Eurozone GDP and Industrial Production data – Any significant beat could temporarily lift EUR.
Japan CPI and BoJ commentary – Inflation beats or hawkish language could accelerate JPY gains.
Geopolitical headlines – Trade tensions between the US and China remain a key driver for yen demand.
Leader/Lagger Dynamics
EURJPY is acting as a lagger in the current yen move, with USDJPY leading the direction for JPY crosses. Any decisive move in USDJPY—especially a break lower—would likely spill over into EURJPY. The pair also tends to mirror risk sentiment shifts seen in equity indices like US500, making global sentiment a secondary driver.
Summary: Bias and Watchpoints
I’m maintaining a bearish bias on EURJPY as long as price stays below the 172.30 resistance zone. My stop-loss is placed just above the 172.98 swing high to protect against a bullish breakout. First targets sit at 171.43, then 170.65, with an extended downside target near 169.73 if momentum builds. A clean break below 170.65 would open the path for deeper declines, while any sustained break above 172.98 would invalidate this setup. In short, I’m watching for rejection confirmation from resistance and will be tracking USDJPY closely as the leader for yen sentiment.
EUR/JPY – Lower High in the Making?As explained in my JPY Index analysis , alongside GBP/JPY, EUR/JPY is another strong candidate for a meaningful drop.
From the chart: after reaching a high near 174 — close to the 2024 ATH — the pair had its first leg down. When price dipped to the 170 psychological level, bulls stepped in, attempting a push to new highs.
However, at 173, it was the bears’ turn. The pair reversed again, potentially forming a lower high.
I believe we are in the early stage of a stronger drop, and in my view, rallies around 172 should be sold. The downside target is around 166.50, with this scenario negated on a break above the recent high. 🚀
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.