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Eurjpysignal

Can EUR/JPY Extend Higher After the 200 SMA Pullback?🌐 EUR/JPY “YUPPY” – Forex Market Trade Opportunity Guide (Swing/Day Trade) 🔥 Market Outlook EUR/JPY continues to respect its 200 Simple Moving Average, proving strong trend momentum and confirming bullish structure. Price is showing a clean pullback into a demand zone, offering a high-probability continuation opportunity. 📌 Plan: Bullish Plan Confirmed via 200 SMA Pullback The pair is reacting strongly above the 200 SMA, signaling trend continuation. As long as price holds above major support zones, bullish momentum remains intact. 🎯 Entry: Layered Buy Strategy (Thief Method Explained Clearly) You can enter at any price level, but for smarter execution, the plan uses multiple Buy Limit layers to average into the pullback: 🧩 Layered Buy Limit Entries (Example Levels): 180.200 180.400 180.600 180.800 ➡️ You may increase or decrease the number of layers based on account size, volatility, or personal strategy. This approach helps capture value entries, reduces emotional pressure, and aligns with trending market re-entries. 🛡️ Stop Loss: Thief SL @ 180.000 Dear Ladies & Gentleman (Thief OG’s), adjust your stop loss based on your own risk appetite and trading strategy. This SL is a guideline, not a compulsory level, and you should set your own protective level responsibly. 🎯 Target: 182.800 – Strong Resistance + Overbought Zone This zone aligns with a cluster of resistance + potential trap region. Dear Ladies & Gentleman (Thief OG’s), you are NOT required to use my TP. If you make money, take money at your comfort and risk parameters. 🔍 Related Pairs to Watch (Correlation & Key Notes) 💠 USD/JPY ( FX:USDJPY ) Strong positive correlation with EUR/JPY due to shared JPY weakness. If USD/JPY continues its bullish structure, EUR/JPY is more likely to sustain upward momentum. 💠 EUR/USD ( FX:EURUSD ) Mixed correlation but still important. If EUR fundamentals strengthen, EUR/JPY upside gets additional support. A strong EUR/USD rally often boosts EUR/JPY indirectly. 💠 CHF/JPY ( OANDA:CHFJPY ) Heavily correlated with Yen sentiment. If CHF/JPY is also trending up, it signals broad JPY weakness, supporting EUR/JPY bullish continuation. 💠 GBP/JPY ( OANDA:GBPJPY ) High volatility and strong direct correlation with JPY movements. Watching this pair helps identify if JPY weakness is market-wide or isolated. 📈 Correlation Key Points (Easy View) 🟢 If JPY weakness is broad across USD/JPY, CHF/JPY, GBP/JPY → EUR/JPY bullish plan becomes stronger. 🔵 If EUR pairs (like EUR/USD or EUR/GBP) show strength → EUR/JPY upside becomes cleaner. 🔴 If JPY suddenly strengthens across the board → Be cautious with layered buys. ✅ Why This Idea? ✔️ Clean SMA200 Pullback | ✔️ Professional Layered Entry | ✔️ Clear Risk & Reward | ✔️ Correlations Mapped Like 👍 if you find this useful! Follow for more high-quality "Thief" strategy setups and professional trade plans. Share your thoughts and adjustments in the comments! Let's get this bread, Thief OG's! 🍞 #TradingView #Forex #EURJPY #YUPPY #SwingTrading #DayTrading #TradingStrategy #ForexSignals #TechnicalAnalysis #BoJ #ECB #ThiefStrategy
by The-Thief
EUR/JPY Bullish Setup Ahead – Are You Riding the YUPPY Wave?💶 EUR/JPY “YUPPY” Profit Pathway Setup (Swing/Day Trade) 📊 Market Outlook The EUR/JPY (YUPPY) pair is showing a bullish structure, confirmed by a HULL Moving Average pullback and a Triangular Moving Average breakout. Momentum is clearly shifting north — the bulls are loading up, and the market looks ready to dance higher. 🎯 🧠 Thief’s Plan Our Thief Strategy uses a layering-style entry system — meaning multiple limit orders stacked across different price levels for better precision and reduced risk. Here’s the playbook: Buy Limit Layers: 🟩 176.200 🟩 176.400 🟩 176.800 🟩 177.000 (You can extend your limit layers based on your own risk appetite or conviction.) Stop Loss (Thief SL): 📉 175.800 ⚠️ Note: Dear Ladies & Gentlemen (Thief OG’s) — I’m not recommending you to use my SL. Trade responsibly and set your own protection based on your risk plan. Target Zone: 🎯 178.700 The 179.000 level is a police barricade zone 🚧 — strong resistance, overbought signals, and potential trap area. So, take profits before the “market cops” show up! 👮‍♂️ ⚠️ Note: Dear Ladies & Gentlemen (Thief OG’s) — same applies here! Take profits wisely at your own discretion. 🧩 Key Technical Highlights Bullish bias confirmed by HULL MA + Triangular MA crossover. Price structure forming higher lows — classic accumulation before expansion. Momentum divergence fading — bullish pressure regaining strength. Ideal for swing or day trading strategies. 🔄 Related Pairs to Watch These pairs often correlate with EUR/JPY movements — keep an eye for confirmation or divergence: 💵 USD/JPY ( FX:USDJPY ) → Yen sentiment indicator; if JPY weakens, EUR/JPY tends to rise. 💶 EUR/USD ( FX:EURUSD ) → Tracks Euro strength; helps validate bullish bias. 💰 GBP/JPY ( OANDA:GBPJPY ) → Cross-check risk sentiment in other JPY pairs. DXY ( TVC:DXY ) → Dollar Index; a stronger DXY can dampen Euro moves, so watch inverse correlation. 🧭 Thief’s Professional Take The “YUPPY” is preparing for a northbound joyride 🚀 — but patience is key! Let price come to your layered entries. Manage your risk like a professional thief: smooth, smart, and stealthy. 🎭 ✨ “If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!” #EURJPY #ForexAnalysis #SwingTrade #DayTrade #ThiefStrategy #TechnicalAnalysis #FXMarket #HullMA #TriangularMA #LayeredEntries #SmartMoney #PriceAction #TradeSetup #MarketOutlook #TradingViewCommunity #ForexTraders #RiskManagement
Long
by The-Thief
EURJPY Breaks Structure: The Key Pullback Level I’m Waiting For📊 I’m currently watching EUR/JPY closely. The pair has broken structure to the upside, showing clear bullish intent 🔼. However, when we compare price to the VWAP, it’s noticeably overextended 📈. 📉 On the volume profile, price has pushed through a major resistance level — the Point of Control — which has now flipped into an important value area acting as support 🟩. 🔍 Because price is stretched, I want to see a pullback into this support zone, hold firmly there, then deliver a fresh bullish break followed by a retest of the current range. If EUR/JPY stabilises and holds above the volume profile levels, I’ll be watching for a long opportunity 💰. ⚠️ Not financial advice.
Long
by fxtraderanthony
EUR/JPY Price Outlook – Trade Setup📊 Technical Structure TICKMILL:EURJPY EUR/JPY holds steady above the 180.63–180.79 support zone, maintaining its short-term bullish structure. Price continues to trade above key moving averages and shows a constructive recovery from the support area. As long as the pair stays above support, upside momentum remains favoured. The chart reflects a bullish continuation pattern: Support zone: 180.63 – 180.79 Resistance zone / target area: 181.38 – 181.54 While price stays above 180.63, dips into support are likely to attract buyers, with upside potential toward the 181.38–181.54 resistance band. A 4H close below 180.63 would invalidate the bullish scenario and expose the 180.20 region. 🎯 Trade Setup Idea: Buy dips into support, targeting a move into the 181.38–181.54 resistance zone. Entry: 180.79 – 180.63 Stop Loss: 180.56 Take Profit 1: 181.38 Take Profit 2: 181.54 Risk–Reward Ratio: ≈ 1 : 2.74 Bias stays constructively bullish while price holds above 180.63–180.79 on a closing basis. A decisive break below 180.63 would weaken the bullish outlook. 🌐 Macro Background According to FXStreet, EUR/JPY trades slightly softer near 181.05 as the Japanese Yen finds mild support from verbal intervention by Japanese officials. Market participants also await Germany’s Retail Sales and CPI inflation data, which could influence EUR volatility. EUR side: Price action remains supported by a strong medium-term uptrend, trading above the rising 100-day EMA. RSI stays in bullish territory, signalling healthy but controlled momentum. JPY side: Verbal intervention from Japanese authorities provides temporary strength to the Yen. However, broader market sentiment remains stable, limiting JPY safe-haven demand. Overall, EUR/JPY maintains a bullish bias while price holds above support, with upside targets aligned toward the next resistance zone. 🔑 Key Technical Levels Resistance zone: 181.38 – 181.54 Support zone: 180.63 – 180.79 📌 Trade Summary EUR/JPY preserves a bullish continuation structure above the 180.63–180.79 support band. The setup favours buying dips toward support with targets placed in the 181.38–181.54 resistance zone. Traders should watch German macro data and any new Japanese intervention commentary, which may affect short-term volatility. ⚠️ Disclaimer This analysis is for reference only and does not constitute trading advice. Trading involves significant risk, and proper risk management is essential.
Long
by ATFX_Global
1,000 Pip End Of Year Tumble Anyone??EURJPY – Is an End-of-Year Reversal on the Cards? The EURJPY has been on a relentless run this year, but things might be about to change. Looking at the weekly charts, the pair is extremely overextended, trading far above the 20MA — a classic sign that a mean reversion could be coming soon. To confirm this, I’ve zoomed into the daily charts, and what’s forming now looks like a distribution phase. After setting a new all-time high last week, price has started to move sideways — grinding slightly higher, followed by quick sell-offs. That’s textbook exhaustion behavior. Here’s what I’m watching for confirmation: If price breaks slightly above the ATH and then snaps back down, closing the week under 181, that’s my cue to enter short. If the false breakout doesn’t happen, I’ll instead wait for the daily trendline (marked on the chart) to break and close below — another strong confirmation of momentum shifting. Targets: First target: the previous ATH support/buy zone between 175–176 — expect a bounce here. If momentum continues, I’ll look for a full drop to around 172, which would also fill October’s gap. As I mentioned in the video, the best risk-to-reward setup right now is on the short side. I’m not interested in buying this high after such an extended run — the weekly chart clearly shows signs of exhaustion. If price does break higher and then stalls with slowing momentum, we could see one final push up — but for now, I’ll be patiently waiting for the sell signal. Let me know what you think below 👇
Short
by TheFxAce
3
3rd time lucky? (EUR/JPY)Setup Bullish trend is overbought - short term bearish Bearish Shooting star pattern on weekly chart (this is the 3rd one - the previous two didn't work out - 3rd time lucky?) Bearish Evening star pattern on daily chart Daily RSI down from very overbought reading Price well above 20/50 day moving average zone Commentary There have been no meaningful corrections since the bullish trend began at 155. A large reversal from above 180 could be the start of one. Strategy Sell rebound towards supply zone starting at 182 Sell on break below last week’s low price (179.80)
Short
by jasperlawler
EURJPY Forming Bullish MomentumEUR/JPY is clearly showing a strong bullish phase, as price has broken above a key resistance area around 174–176 JPY and is now extending higher. That old supply zone has flipped into support, giving the euro a firm base to launch further gains. The chart structure suggests that EUR may have room to rally toward the 182–184 region if momentum continues to favor upside. Fundamentally, the euro is benefitting from a clear divergence in central bank policy. The European Central Bank is likely staying more accommodative, while the Bank of Japan continues to tread carefully despite having raised rates to 0.5%. This divergence is pushing capital into euro-denominated assets and weakening the yen.Meanwhile, Japan’s import costs are under pressure due to the weak yen, which adds inflationary risk and could constrain BoJ’s flexibility. On the rate-expectations front, markets are pricing in possible further BoJ tightening, but there remains uncertainty on timing. Some analysts argue that Japan’s real rates remain deeply negative once adjusted for inflation, which could limit how much upside the yen can recover in the near term. ( ) This raises a tension between nominal hikes and real-rate dynamics, making the yen’s path forward less straightforward.
Long
by AndrewsMarket-Mastery
EURJPY Weakening Fast – Correction Phase Beginning!EURJPY ( OANDA:EURJPY ) started to fall nicely from the Potential Reversal Zone(PRZ) and important resistacne lines and managed to break the Support lines . In the above timeframe, EURJPY is moving in an Ascending Channel . In terms of Elliott wave theory , it seems that EURJPY has managed to complete the main wave 5 and with the break of the ascending channel , we can confirm the end of the main wave 5 . I see the beginning of the imminent corrective waves . I expect EURJPY to decline at least to the Support zone(175.18 JPY-174.71 JPY) and lower lines of the ascending channel in the coming hours, and if the ascending channel breaks, the second target could be around 173.144 JPY . Stop Loss(SL): 178.32 JPY Please respect each other's ideas and express them politely if you agree or disagree. Euro/Japanese Yen Analyze ( EURJPY ), 4-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
6
EURJPY – Yen Strength Builds as Euro Momentum FadesEURJPY is showing signs of exhaustion after a strong October rally, with lower highs forming as yen demand rebuilds on growing expectations that the Bank of Japan could slowly move toward policy normalization. The euro, while still supported by relatively higher yields, is beginning to lose its edge as growth in the Eurozone cools and traders rotate into safer assets. The pair now looks poised for a measured pullback toward key support zones around 175.90 and 175.10. Current Bias Bearish in the short term, with the potential for a deeper correction if the yen continues to attract safe-haven demand and BOJ expectations remain firm. Key Fundamental Drivers BOJ Policy Shift: Governor Ueda’s subtle hawkish tone has kept market participants cautious, as inflation remains near target and policymakers hint at a gradual reduction of yield curve control. Eurozone Data: Growth remains stagnant and inflation continues to moderate, reducing the likelihood of any further ECB tightening. Global Risk Sentiment: Heightened geopolitical and trade tensions (tariff headlines, global policy uncertainty) are reviving JPY demand as a defensive asset. Macro Context The macro picture increasingly favors JPY stability. Japanese bond yields have risen modestly as the BOJ signals more flexibility, narrowing the interest rate gap that previously supported EURJPY. Meanwhile, Eurozone industrial output is slowing, and Germany’s manufacturing data continues to drag regional growth expectations lower. Commodity flows are neutral, though risk-sensitive currencies like the AUD and NZD remain under pressure, indirectly benefiting the yen. Europe’s reliance on external energy imports and weaker export activity keep the euro capped. Interest rate expectations: BOJ: Market pricing leans toward an early 2026 policy adjustment or an incremental tightening if inflation holds above 2%. ECB: Rates are expected to remain unchanged well into 2026, but forward guidance has turned notably neutral. Primary Risk to the Trend A reversal could occur if BOJ policymakers emphasize patience or dismiss near-term tightening expectations, weakening the yen. On the flip side, any stronger-than-expected Japanese inflation data could accelerate JPY gains and deepen the EURJPY correction. Most Critical Upcoming News/Event BOJ policy meeting minutes and Governor Ueda’s upcoming comments Eurozone GDP and inflation revisions Global equity and bond yield direction (key risk sentiment drivers) Leader/Lagger Dynamics EURJPY typically acts as a leader among yen crosses due to its liquidity and yield sensitivity. It often influences moves in GBPJPY and CADJPY, while loosely following the broader EURUSD trend during high-volatility sessions. Key Levels Support Levels: 175.90 / 175.10 Resistance Levels: 177.50 / 178.80 Stop Loss (SL): 178.90 Take Profit (TP): 175.90 (initial), 175.10 (extended) Summary: Bias and Watchpoints EURJPY’s structure suggests a bearish bias, with potential for a measured move lower as market sentiment tilts toward the yen. The focus remains on 175.90 as the first key target, followed by 175.10 if downside momentum accelerates. The stop-loss at 178.90 allows for short-term volatility while protecting against false reversals. Fundamentally, BOJ policy dynamics and Eurozone growth stagnation remain the dominant forces. Unless the BOJ backtracks sharply or Eurozone data surprises to the upside, the path of least resistance points lower. Traders should monitor upcoming BOJ commentary and Eurozone inflation figures as key catalysts for confirming continuation or reversal signals.
Short
by ultreosforex
1
EUR/JPY Technical Analysis: Bullish Continuation Pattern FormsTitle: EUR/JPY Bullish Heist 🚀🏦 - The "Layer Cake" Long Play Alright, Money Makers! 👋 The EUR/JPY vault is looking ripe for a bullish break-in. Our technical blueprint suggests the momentum is building for a potential escape rally. Here's the profit playbook. 📊 The Master Plan (Technical Setup): Bias: Bullish ✅ Trend: Price is showing strength after a pullback to a key accumulation zone. Confirmation: We're looking for a successful retest near the Triangular Moving Average (TMA), signaling the next leg up is loading. Catalyst: A phase of re-accumulation is building energy for the next move north. 🚀 🎯 The Entry Strategy ("The Thief's Layer Cake") This isn't a one-and-done entry. We're using a layered limit order approach to scale in like a pro and improve our average entry. Consider Buy Limit Layers at: Layer 1: 176.500 Layer 2: 176.000 Layer 3: 175.500 Layer 4: 175.000 Feel free to adjust the number of layers and levels based on your own risk appetite and market structure analysis. 🛡️ The Escape Route (Risk Management) Stop Loss (The Getaway Car): A logical Thief's SL can be placed below the key support structure, for example, around 174.500. 🚗💨 ⚠️ Thief's Note on SL/TP: Dear Ladies & Gentlemen, I am not recommending you use only my suggested SL/TP. It's your capital. Manage your risk and take profits at your own discretion. You make money, you take money. The responsibility is yours! 🎯 The Profit Target (Cracking the Safe) Target: We are aiming for the 178.500 zone. Rationale: This area represents a strong resistance level where overbought conditions and potential bull traps may lurk. The plan is to escape with our profits before the alarm sounds! 🚨 Related Pairs to Watch & Key Correlations: FX:EURUSD & FX:USDJPY : The EUR/JPY is essentially a derived pair from these two. A strong Euro (EUR/USD ↑) and/or a weak Yen (USD/JPY ↑) typically fuels a bullish EUR/JPY move. Watch the DXY (U.S. Dollar Index) for clues. OANDA:GBPJPY & OANDA:AUDJPY : Other "JPY-cross" pairs. They often move in correlation due to shared sensitivity to risk sentiment and the Japanese Yen's safe-haven status. If these are rallying, it confirms a broader weak-Yen environment. ✨ “If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!” #Disclaimer: This "Thief Style" strategy is presented for educational and entertainment purposes only. It is not financial advice. Trading Forex carries a high level of risk and may not be suitable for all investors. Always do your own research and trade responsibly. #Forex #EURJPY #TradingSetup #SwingTrading #TechnicalAnalysis #Bullish #TradingStrategy
Long
by The-Thief
EURJPY Forming Bullish ContinuatiomEURJPY is showing strong bullish continuation momentum after successfully retesting the previous resistance zone near 175.500–176.000, which has now turned into a solid support area. The market structure remains clearly bullish on the daily chart, with higher highs and higher lows forming consistently. The recent breakout and retest pattern signals renewed buyer strength, suggesting the potential for price to extend toward the 180.000–182.000 zone in the coming sessions. As long as price holds above the 176.000 level, the bullish bias remains firmly intact, favoring continuation trades to the upside. From a fundamental perspective, the euro has gained fresh momentum due to increasing optimism surrounding the eurozone’s inflation stabilization and the European Central Bank maintaining a steady monetary stance. Meanwhile, the Japanese yen continues to weaken as the Bank of Japan maintains its ultra-loose policy and yields remain low compared to European rates. This divergence in monetary policies continues to drive investors toward higher-yielding currencies like the euro, fueling upward momentum in EURJPY. Technically, momentum indicators support the bullish outlook, and any short-term pullback into the 176.000–176.500 region may provide an ideal buying opportunity. Traders are likely positioning for a continuation of the current trend, targeting higher liquidity levels toward 181.500 and 183.000 in the medium term. The overall sentiment remains positive for EURJPY, and the pair could continue to deliver profitable setups for trend-followers as the market sustains this strong upward trajectory.
Long
by AndrewsMarket-Mastery
1
EURJPY Forming Bullish ContinuationEURJPY is showing strong bullish continuation momentum after successfully retesting the previous resistance zone near 175.500–176.000, which has now turned into a solid support area. The market structure remains clearly bullish on the daily chart, with higher highs and higher lows forming consistently. The recent breakout and retest pattern signals renewed buyer strength, suggesting the potential for price to extend toward the 180.000–182.000 zone in the coming sessions. As long as price holds above the 176.000 level, the bullish bias remains firmly intact, favoring continuation trades to the upside. From a fundamental perspective, the euro has gained fresh momentum due to increasing optimism surrounding the eurozone’s inflation stabilization and the European Central Bank maintaining a steady monetary stance. Meanwhile, the Japanese yen continues to weaken as the Bank of Japan maintains its ultra-loose policy and yields remain low compared to European rates. This divergence in monetary policies continues to drive investors toward higher-yielding currencies like the euro, fueling upward momentum in EURJPY. Technically, momentum indicators support the bullish outlook, and any short-term pullback into the 176.000–176.500 region may provide an ideal buying opportunity. Traders are likely positioning for a continuation of the current trend, targeting higher liquidity levels toward 181.500 and 183.000 in the medium term. The overall sentiment remains positive for EURJPY, and the pair could continue to deliver profitable setups for trend-followers as the market sustains this strong upward trajectory.
Long
by AndrewsMarket-Mastery
2
Is EURJPY Setting Up for a Powerful Bullish Run?🎯 EUR/JPY: "Euro vs. Yen" Wealth Heist Strategy 🤑 (Swing/Day Trade) 🚨 Thieves aka (Smart traders) of the Forex Market, Assemble! 🚨Get ready to pull off a slick bullish heist on EUR/JPY with this Thief-Style Trading Plan! We're leveraging a Kijun-Sen pullback to spot a juicy demand zone where the bulls are loading up to push prices higher. Let’s break into the market with style, precision, and a sprinkle of humor! 😎 📈 The Setup: Bullish Breakout Plan 🐂 Asset: EUR/JPY (Euro vs. Japanese Yen) Market Context: The Kijun-Sen moving average (Ichimoku Cloud) has confirmed a bullish pullback, creating a demand zone at key support levels. Bulls are gathering strength to drive prices upward! 🚀 Trend: Swing/Day Trade with a bullish bias. 🕵️‍♂️ The Thief’s Entry Plan (Layered Limit Orders) Our Thief Strategy uses multiple buy limit orders to layer entries like a mastermind stacking the deck. Here’s the plan: Entry Levels: 🧳 172.400 (First layer, dip-buying opportunity) 🧳 172.600 🧳 172.800 🧳 173.000 Pro Tip: Feel free to add more layers based on your risk appetite and account size. Stack those orders like a pro! 📊 Entry Flexibility: You can enter at any price level within this demand zone, but layering ensures you maximize your position while managing risk. 🛑 Stop Loss: The Thief’s Escape Route Stop Loss: Set at 172.000 (a tight, calculated exit to protect your loot). Note: Dear Thieves (OGs and newbies alike), this SL is my suggestion, but it’s your heist, your rules. Adjust based on your risk tolerance and don’t get caught by the market police! 👮‍♂️ 🎯 Take Profit: The Grand Getaway Target: 175.000 (just shy of a strong resistance zone at 175.200). Why?: The 175.200 level is a Police Barricade—a combo of strong resistance, overbought conditions, and a potential bear trap. Grab your profits at 175.000 to escape safely! 💰 Note: This TP is my call, but you’re the mastermind here. Take profits at your own discretion and secure the bag! 🤑 💡 Related Pairs to Watch (Correlations & Opportunities) To make this heist even smoother, keep an eye on these correlated pairs for confirmation or additional setups: FX:USDJPY : A strong bullish move in USD/JPY often supports EUR/JPY strength due to JPY weakness. Watch for similar demand zones or breakout patterns. FX:EURUSD : If EUR is strong across the board, EUR/USD breakouts can reinforce our bullish bias on EUR/JPY. Check for alignment in trend direction. OANDA:GBPJPY : Another JPY pair with high volatility. If GBP/JPY is also showing bullish momentum, it could signal broader JPY weakness, boosting our EUR/JPY play. Key Correlation Insight: JPY tends to weaken in risk-on environments, so monitor global risk sentiment (e.g., equity indices like S&P 500 or Nikkei 225) for clues. 🔍 Key Points to Understand the Setup Demand Zone Strength: The Kijun-Sen pullback aligns with historical support, making this a high-probability zone for bulls to step in. Layered Entries: Using multiple limit orders reduces risk by averaging your entry price, perfect for volatile forex markets. Risk Management: The tight stop loss at 172.000 keeps your downside limited, while the 175.000 target offers a solid risk-reward ratio (~1:10). Market Traps: Be cautious at 175.200—overbought conditions and resistance could trigger a reversal. Exit early to avoid getting caught! ⚠️ Disclaimer This is a Thief-Style Trading Strategy designed for fun and educational purposes. Trading involves risks, and you’re responsible for your own decisions. Always do your own analysis and manage your risk like a pro! 😎 ✨ If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community! #EURJPY #ForexTrading #SwingTrading #DayTrading #ThiefStrategy #BullishBreakout #TradingView
Long
by The-Thief
1
EURJPY: Pullback or Pause? Eye 178.40 as Yen Stays DefensiveEURJPY has pulled back after hitting fresh highs near 178, but the underlying momentum still favors the euro. With the Bank of Japan maintaining its ultra-loose stance while the ECB holds rates high, the policy divergence continues to support upside pressure. As long as buyers defend the 175–176 zone, the pair looks set to resume its push toward the 178.40 region. Current Bias Bullish – Recent dip is corrective, not a full reversal, while fundamentals favor further euro strength over yen. Key Fundamental Drivers ECB Policy: Rates remain elevated, with officials stressing caution on premature cuts. This supports the euro. BOJ Policy: Despite rising Japanese yields, the BOJ is still dovish compared to peers, leaving JPY weaker. Risk Sentiment: Political risk in Europe tempers gains slightly, but yen safe-haven demand has been muted. Macro Context Interest Rate Expectations: ECB is expected to keep rates restrictive longer than the BOJ, reinforcing policy divergence. Economic Growth Trends: Eurozone growth is sluggish but inflation concerns keep policy tight; Japan is facing rising wage expectations but not enough to force the BOJ into tightening aggressively. Commodity & Trade Flows: Stronger European trade resilience supports EUR, while JPY continues to weaken with capital outflows tied to low yields. Geopolitical Themes: Political risks in Europe (French fiscal strains, EU cohesion) are factors, but global macro risk still weighs more on JPY than EUR. Primary Risk to the Trend If BOJ signals a surprise tightening or wage growth accelerates more than expected, the yen could stage a sharp rebound. Most Critical Upcoming News/Event ECB speeches and Eurozone PMIs – signals on inflation and growth will guide EUR. BOJ rhetoric – any policy shift hint could shock the market. Leader/Lagger Dynamics EURJPY acts as a leader in cross-yen moves, often setting the tone for GBPJPY and AUDJPY. It reflects global risk appetite and monetary divergence, making it a benchmark pair for yen crosses. Key Levels Support Levels: 175.10 173.70 Resistance Levels: 176.45 178.40 Stop Loss (SL): 173.70 Take Profit (TP): 178.40 Summary: Bias and Watchpoints EURJPY remains bullish, with the current pullback offering a potential entry zone if support near 175.10 holds. Policy divergence between the ECB and BOJ continues to drive upside bias. A stop loss sits at 173.70 to protect against deeper reversals, while take profit is targeted at 178.40. Watch ECB communications and BOJ rhetoric closely, as either could provide the catalyst for the next leg of movement.
Long
by ultreosforex
5