DeGRAM | EURJPY reached the important resistance📊 Technical Analysis
● EUR/JPY rejected the resistance line near 173.20 after a false breakout in August, confirming sellers’ defense of the upper boundary.
● The current bearish takeover signals downside risk toward 172.46 support, with a deeper slide possible toward 171.60 if momentum accelerates.
💡 Fundamental Analysis
● Renewed demand for the yen is supported by rising JGB yields as the BoJ hints at gradual policy normalization, while euro sentiment is capped by softer eurozone PMI data.
✨ Summary
Bearish below 173.20; targets 172.46 → 171.60. Invalidation on a close above 173.50.
-------------------
Share your opinion in the comments, and support the idea with a like. Thanks for your support!
Eurjpysignal
Fundamental & Technical Analysis: EUR Weakness vs Strong JPY!Today, I want to review the EURJPY ( OANDA:EURJPY ) short position from a fundamental and technical perspective and see if we can profit from this analysis.
Fundamental Analysis:
1. Economic Weakness in the Eurozone
Recent economic data indicate weakness in the Eurozone economy. For instance, retail sales in the Eurozone increased by only 2.2% in July, falling short of expectations. Additionally, inflation rates in the Eurozone are declining, suggesting weak demand in the economy.
Mitrade
2. European Central Bank's Monetary Policies
The European Central Bank is considering interest rate cuts to support the economy. Such policies could lead to a depreciation of the euro, presenting opportunities for short positions.
3. Economic Strength in Japan
In contrast, Japan's economy is showing signs of improvement. Positive economic data, including increased industrial production and exports, indicate economic growth in Japan. This could lead to a strengthening of the Japanese yen and a decline in the EURJPY pair.
4. Bank of Japan's Monetary Policies
The Bank of Japan continues its accommodative monetary policies, including negative interest rates and extensive asset purchase programs. These measures help mitigate downward pressure on the yen, supporting its strength.
Conclusion
Considering the economic weakness in the Eurozone and the economic strength in Japan, the EURJPY pair is likely to experience a downward trend in the short term. This fundamental analysis supports a short position on EUR/JPY.
----------------------------------------------------------------------
Now, let's examine the EURJPY chart on the 4-hour time frame with technical analysis tools .
EURJPY is currently moving in the Resistance zone(173.420 JPY-172.660 JPY) and near the Monthly Resistance(1) .
From the Elliott wave theory perspective , it seems that EURJPY has managed to complete the microwave C of the main wave y of the Double Three Correction(WXY) .
I expect EURJPY to continue its downward trend in the coming hours and at least decline to the Support lines(First Target) .
Second Target: 171.760 JPY
Third Target: Lower lines of the Ascending Channel
Stop Loss(SL): 173.640 JPY
Please respect each other's ideas and express them politely if you agree or disagree.
Euro/Japanese Yen Analysis (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.
EURJPY Double-Top Rejection Signals Potential DownsideEURJPY has stalled after testing the 173.80–174.00 resistance zone, with sellers stepping in to defend this multi-week high. The rejection aligns with fading Euro momentum and renewed strength in the yen as safe-haven demand returns. With price action showing a clean rejection candle at resistance, the pair looks vulnerable to a deeper pullback toward key support levels.
Current Bias
Bearish downside favored after rejection at resistance with momentum shifting toward sellers.
Key Fundamental Drivers
Eurozone: Inflation is cooling, and growth remains sluggish, keeping ECB policy dovish in tone.
Japan: Wages and household spending recently turned positive y/y, with BOJ maintaining a cautious stance but under pressure from rising JGB yields.
Risk Sentiment: Ongoing geopolitical tensions (Middle East and Russia sanctions) support yen as a safe-haven.
Macro Context
Interest Rates: ECB leaning dovish with little scope to tighten further; BOJ cautious but rising yields keep pressure for policy adjustment.
Growth Trends: Eurozone faces weak industrial output; Japan showing modest resilience in services.
Commodity Flows: Lower oil prices benefit Japan’s import bill, slightly yen-positive.
Geopolitical Themes: Uncertainty in Israel-Gaza conflict, U.S. tariff battles, and OPEC+ supply risks continue to drive safe-haven demand for JPY.
Primary Risk to the Trend
A sudden ECB hawkish shift or stronger-than-expected Eurozone CPI could flip the bias bullish.
Rapid improvement in global risk appetite would weaken yen demand.
Most Critical Upcoming News/Event
ECB commentary on inflation expectations and growth outlook.
Japan’s wage and CPI data alongside BOJ policy signals.
Leader/Lagger Dynamics
EUR/JPY often acts as a lagger, following EUR/USD direction and broader risk sentiment. Yen moves are highly correlated with USD/JPY and gold, meaning strong flows into havens could amplify downside.
Key Levels
Support Levels: 172.65, 171.36
Resistance Levels: 173.87, 174.38
Stop Loss (SL): 174.38
Take Profit (TP): 172.65 (first), 171.36 (extended)
Summary: Bias and Watchpoints
EURJPY has rejected resistance near 174.00, setting up a bearish bias toward 172.65 and possibly 171.36. A stop above 174.38 protects against upside risk. Fundamentals favor yen strength via safe-haven demand and weaker Eurozone growth momentum. The key watchpoint is whether upcoming ECB commentary reinforces dovish policy; if so, downside pressure should continue. For now, sellers maintain the upper hand as risk-off dynamics align with technical rejection.
EUR/JPY Bank Heist Is LIVE! Bullish Breakout Plan >>>🚀 EUR/JPY "The Yuppy" Bank Heist Plan (Swing/Scalping Trade) 🚀
Professional Thief Strategy for High-Probability Breakout Trading
🎯 Executive Thief Summary
Asset: EUR/JPY "The Yuppy" (The Euro-Yen Cross)
Strategy: Bullish Hull MA Breakout & Retest with Layered Entry Approach
Timeframe: Swing/Scalping (1H-4H Charts)
Current Price: ¥173.15 | Daily Change: +0.10% (+0.17)
Trade Bias: Mildly Bullish (65% Bullish Score) ✅
Thief Note: This plan combines technical breakout dynamics with fundamental macro drivers for a high-probability heist operation!
📊 Technical Heist Plan
🎮 Entry Strategy (Layered Limit Orders)
The Thief's Multi-Layer Entry Approach for Optimal Positioning:
Layer 1: ¥172.60 (Initial breakout retest zone) ⚡
Layer 2: ¥172.70 (Volume-weighted support area) ⚡
Layer 3: ¥172.80 (Hull MA confluence zone) ⚡
Layer 4: ¥173.00 (Dynamic support & momentum acceleration) ⚡
Thief Tip: You can add additional layers based on your risk appetite and capital allocation strategy!
🛡️ Risk Management
Stop Loss: ¥172.20 (Below 100-day EMA & key support) ❌
Position Sizing: Risk no more than 1-2% per trade layer
Adjustment Note: Dear Thief OG's - Modify your SL based on your individual risk tolerance and strategy parameters
🎯 Profit Targets
Primary Target: ¥174.30 (High-voltage resistance zone) ✅
Context: RSI showing overbought conditions likely at this level - escape with stolen money before potential reversal!
🌍 Fundamental & Macro Context
🇪🇺 Eurozone Factors (EUR Strengths)
ECB Rate Policy: Hold at 2.15% (Hawkish Stance) 🦅
Inflation (HICP): 2.1% (Above ECB's 2% target - supportive for EUR)
Market Impact: Rate differentials favor EUR strength
🇯🇵 Japan Factors (JPY Weaknesses)
BoJ Policy: Dovish (Uncertain Timing for Hikes) 🕊️
Real Wages: Turned Positive (First Time in 7 Months - but gradual impact) ✅
Trade Deal: US-Japan Auto Tariff Reduction (JPY Positive but limited impact)
📅 Economic Calendar Watch
Eurozone GDP Data Today (09:00 GMT) - Potential short-term volatility driver
Risk: GDP miss could cause EUR pullback - monitor news flow
📊 Market Sentiment & Positioning
😰 Fear & Greed Index
Stock Market Sentiment: Greed (Score: 57/100) 📈
Crypto Sentiment: Neutral (Score: 50/100)
Key Drivers:
S&P 500 above 125-day moving average → Greed
Low put/call ratio → Optimism
Stable volatility (VIX) → Confidence
👥 Trader Sentiment
Retail Traders: Bullish (60% Long) 🟢 vs. Bearish (40% Short) 🔴
Institutional Traders: Bullish (55% Long) 🟢 vs. Bearish (45% Short) 🔴
Primary Reason: Carry trade appeal due to rate differentials
⚠️ Risk Factors & Considerations
🚨 Key Risks
Eurozone GDP Miss → EUR Pullback (Monitor 09:00 GMT release)
BoJ Surprise Hike → JPY Rally (Low probability but high impact)
Geopolitical Tensions → Safe-Haven JPY Demand (Always monitor global headlines)
📋 Trade Management Tips
Scale In: Use the layered entry approach to improve average entry price
Scale Out: Consider partial profits at ¥173.40 and ¥174.00 if momentum slows
News Awareness: Monitor ECB and BoJ speaker comments for unexpected guidance changes
📊 Related Pairs to Watch
EUR
Correlations:
EUR/USD - Direct EUR exposure
EUR/CHF - European cross rate
EUR/GBP - European monetary policy differentials
JPY
Correlations:
USD/JPY - Dollar-Yen dynamics
GBP/JPY - Risk-sensitive yen cross
AUD/JPY - Commodity-yen relationship
Thief Insight: Monitor these pairs for confirmation of broader EUR/JPY moves!
✨ Final Thief Notes
Why This Plan Works Now:
Technical breakout confirms bullish bias
Fundamental rate differentials favor EUR strength
Market sentiment supports risk-on environment
Layered entry approach provides optimal risk-reward
Trade Duration Expectation:
Swing Trade: 3-7 days for full target
Scalping Opportunities: 1-4 hour moves within the trend
✨ "If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!"
📌 Hashtags
#EURJPY #ForexTrading #TechnicalAnalysis #SwingTrading #Scalping #BreakoutStrategy #HullMA #TradingSetup #ForexSignals #TradingView #BankHeistPlan #ThiefStrategy #RiskManagement
Ready To Raid The EUR/JPY? Bullish Breakout Plan Inside!🌟 ATTENTION ALL YEN YAKUZA & EURO EAGLES! 🌟
Dear Ladies & Gentleman of the High-Finance Underworld, 🕴️💎
Based on the 🔥ULTIMATE THIEF TRADING HEIST MANUAL🔥, here is the master plan to rob the EUR/JPY "The Yuppy" bank blind! This is a BULLISH pending order assault. Our aim is the luxurious 175.000 VIP Money Vault. 🏦💰✨
Entry: The Grand Heist Begins! ⚡
The Trigger: We wait for the BREAKOUT & HOLD above 173.000. This is when the guards change shifts! 🚨
The Layering Strategy (The Genius Move): The Thief doesn't just kick the door down; he picks all the locks at once! Place MULTIPLE BUY LIMIT ORDERS on any dip or retest to create a powerful average entry. Think like a pro!
1st Layer (The Decoy): @173.000 (After breakout confirm)
2nd Layer (The Bag Filler): @172.700
3rd Layer (The Masterstroke): @172.500
4th Layer (The Insurance Policy): @172.300
🤑 YOU CAN ADD MORE LAYERS BASED ON YOUR RISK APPETITE! 🤑
Stop Loss: The Escape Route! 🛑
"Yo, listen up! 🗣️" Do NOT set your stop loss until AFTER the 173.000 breakout is confirmed! The Thief's ultimate safety net is placed at @171.500. This is our emergency exit if the heist goes sideways.
⚠️ WARNING: You OG's can adjust this SL based on your own risk tolerance and number of layers. But remember, a real thief always has an exit plan! 👊😎
Target: The Getaway! 🎯
The police have set up a barricade at 175.500. We are not greedy! Our escape chopper is waiting at @175.000. GRAB THE STOLEN CASH AND GO! Don't wait for the cops! 🚁💵💨
⚠️TRADING ALERT: News Releases & Managing the Loot 📰🗞️
News can bring swat teams (volatility). To protect your stolen profits:
Avoid placing new layers during high-impact news.
Use a TRAILING STOP once we're in profit to lock in those stacks! 🔒💰
💖SUPPORT THE HEIST CREW!
💥SMASH THAT BOOST BUTTON!💥 It fuels our next grand robbery! Let's make stealing from the market look easy every single day. 🏆💪🤝❤️🎉🚀
I'll be back with another flawless plan. Stay sharp, stay profitable! 🤑🐱👤🤗🤩
EURJPY Testing Supply Zone Can Bears Regain Control?EURJPY has climbed back into a key resistance area near 172.40–172.50, a zone that previously triggered sharp selling pressure. Price action suggests exhaustion at these highs, with a possible rotation back toward support if sellers defend this zone again. Given the yen’s safe-haven role and the euro’s sensitivity to ECB policy shifts, this setup is primed for a potential reversal play.
Current Bias
Bearish – The pair is showing rejection signs at resistance, favoring downside toward lower support levels.
Key Fundamental Drivers
ECB Outlook: The ECB is cautious, with slowing eurozone growth limiting room for further tightening, reducing euro strength.
BOJ Policy & Yen Flows: Yen remains supported by safe-haven demand and speculation around BOJ gradually tightening, even if modestly.
Risk Sentiment: Global equity volatility and tariff/geopolitical risks support yen buying when risk-off flows emerge.
Macro Context
Interest Rates: ECB is holding policy steady but leans dovish relative to other central banks. Japan remains ultra-loose, but any hint of normalization sparks yen strength.
Economic Growth: Eurozone growth is fragile, with Germany’s industrial sector under pressure. Japan’s economy is steady, though export-driven, making it vulnerable to global demand.
Geopolitics: Trade tariffs, US-China tensions, and Middle East risks all lean supportive for the yen as a safe haven.
Primary Risk to the Trend
A hawkish ECB surprise or strong eurozone inflation rebound could shift bias back to the upside, invalidating the bearish setup.
Most Critical Upcoming News/Event
ECB Minutes & Eurozone CPI Flash Estimate
BOJ Commentary on Yield Curve Control (YCC)
Leader/Lagger Dynamics
EURJPY tends to act as a lagger, following flows in broader yen crosses like USDJPY (as a leader) and EURUSD (for euro sentiment). Movements in EURJPY often confirm rather than lead directional bias in FX markets.
Key Levels
Support Levels: 171.42, 170.99, 170.65, 170.08, 169.73
Resistance Levels: 172.47, 173.31
Stop Loss (SL): 173.31 (above resistance zone)
Take Profit (TP):
TP1: 171.42
TP2: 170.65
TP3: 170.08
Summary: Bias and Watchpoints
Bias on EURJPY is bearish, with sellers looking to defend the 172.40–172.50 resistance area. A stop loss is best placed above 173.31, while downside targets stretch toward 171.42 → 170.65 → 170.08. Fundamentally, the euro faces growth headwinds while the yen benefits from safe-haven demand, though BOJ policy risks remain in play. The most important watchpoint is ECB and Eurozone CPI data, which could either reinforce the bearish case or shift sentiment sharply. For now, EURJPY looks vulnerable to a deeper correction, with price action aligned to favor sellers.
DeGRAM | EURJPY is trying to break through resistance📊 Technical Analysis
● EUR/JPY is ascending within a rising channel and has rebounded off support near 172.20–172.30, forming a fresh higher low (green arrow).
● Price is now approaching a tight wedge toward the downward-sloping resistance. A break above ~172.63 opens the path toward 173.01—and potentially further up toward the rising channel top near 173.90.
💡 Fundamental Analysis
● EUR/JPY remains steady above 172.00, holding its recent range amid calm sentiment.
● The cross also benefits from buoyant market sentiment and sustained optimism in risk assets, leading to continued yen weakness. Bullish momentum is reinforced by its position above the 100-day EMA and an RSI elevated above the 50 level.
✨ Summary
Long above 172.60–172.63; first target 173.01, with extension toward 173.90. Invalidation only upon break below 172.20.
-------------------
Share your opinion in the comments, and support the idea with a like. Thanks for your support!
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.
DeGRAM | EURJPY is moving in an ascending channel📊 Technical Analysis
● Price is climbing within a rising channel after confirming a breakout retest at 172.10, turning former resistance into support.
● Structure favors continuation toward 172.90 and channel top at 173.90, with minor pullbacks likely staying above the breakout base.
💡 Fundamental Analysis
● Improved eurozone PMI data and firm ECB stance reinforce euro strength, while BoJ’s unchanged ultra-loose policy keeps the yen under pressure.
✨ Summary
Long above 172.10; targets 172.90 → 173.90. Invalidation below 172.00.
-------------------
Share your opinion in the comments, and support the idea with a like. Thanks for your support!
DeGRAM | EURJPY exited from the channel📊 Technical Analysis
● EURJPY broke above the descending channel’s resistance line near 171.38, holding within an ascending wedge that favors bullish continuation.
● A sustained move above 172.17 opens the way toward 173.06, with intraday pullbacks likely retesting the breakout area for support.
💡 Fundamental Analysis
● The euro gained as ECB officials signaled no immediate rate cuts, while the yen remains pressured by Bank of Japan’s commitment to ultra-loose policy despite rising inflation expectations.
✨ Summary
Buy above 171.38; target 173.06. Setup remains valid while price stays above 171.00.
-------------------
Share your opinion in the comments, and support the idea with a like. Thanks for your support!
EUR/JPY Setup: Thief Trader's Stealth Bull Run to 173.000🔥💶 EUR/JPY Bullish Heist Plan 💶🔥
🧠 New Plan Unlocked – The EUR/JPY Bullish Mission is LIVE!
Thief Trader style means: No noise, no fluff — just pure sniper precision with layered limit orders. 🧤🔫
This isn’t trading… it’s a planned market robbery 💼💣
🧩 Asset: EUR/JPY
📊 Strategy: Bullish Bias with Stealth Layered Entries (Limit Order Gameplan)
🎯 Target: 173.000 — That’s the vault we’re cracking!
🛑 Stop Loss: 169.100 — Tight security, keep your escape route clean.
📍 Entry: No fixed door — we’re setting traps (limit orders) across key levels. Patience pays thieves.
Watch for pullbacks on lower timeframes: 15m, 30m, or even 1H — strike near support bounces & fakeout wicks. 🐍💥
🔍 Thief Logic:
This ain’t random — price is setting up for a high-stakes move north with JPY weakness fueling the getaway car.
Think smart, layer deep — sniper entries, not shotgun chaos. 🎯🔍
📌 Notes from the Safe House:
Trade with position sizing discipline – the market doesn’t owe you.
News events are motion sensors — avoid them or stay light! 🕵️♂️📉
Use trailing SLs once in profit — secure the bag and vanish. 💼💨
💣 Ready to steal pips, not hope? Hit that 👍, drop a 💬, and join the crew.
This is Thief Trading — we don’t follow markets, we outsmart them. 🧠💵
Stay sharp, stay silent… profit loud. 🐱👤📈💸
🔥 Tap Boost. Support the Heist. Run the Charts. #ThiefTrader 🧤💰
Possible Short Position Levels for EURJPYThe trade plan is as follows:
Action: Entering a short position, betting on the price to fall.
Entry: 171.886, anticipating a pullback to a previously broken support level.
Stop Loss: Placed at 172.406 to limit losses if the price unexpectedly rises and breaks the recent high.
Targets: Two take-profit levels are identified to secure profits as the price declines.
TP1: 170.780 (a recent support level).
TP2: 169.720 (a major previous low).
The setup is considered favorable because the potential profit is significantly larger than the potential risk.
Disclaimer
This analysis is for educational and informational purposes only and does not constitute financial advice. The provided trade idea is based on technical analysis and historical price action, and past performance is not indicative of future results. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. You could lose some or all of your initial investment. Seek advice from an independent financial advisor if you have any doubts. Any action you take upon the information on this chart and analysis is strictly at your own risk.
EURJPY: Bullish Rebound from Key Demand ZoneEURJPY has bounced off a critical demand zone and is showing signs of a bullish recovery. Despite the recent pullback, the pair’s structure remains fundamentally and technically bullish, driven by JPY weakness and EUR resilience.
Technical Analysis (4H Chart)
Pattern: Price tested a strong demand zone near 170.35–170.50 and rejected it aggressively.
Current Level: 170.77, starting a potential bullish leg toward higher resistance levels.
Key Support Levels:
170.35 – key demand zone and invalidation level for bulls.
169.90 – deeper support if demand zone breaks.
Resistance Levels:
172.17 – first bullish target and interim resistance.
173.64 – major target if bullish continuation sustains.
Projection: A successful rebound from 170.35 could drive price toward 172.17 initially, then 173.64 if momentum holds.
Fundamental Analysis
Bias: Bullish.
Key Fundamentals:
EUR: ECB’s slower path toward easing supports EUR stability relative to JPY.
JPY: Weakness persists as BoJ maintains dovish bias, though FX intervention risk limits JPY downside speed.
Global Sentiment: Mild risk-on mood supports EUR strength against JPY.
Risks:
BoJ verbal intervention or actual FX intervention could trigger temporary JPY strength.
Sharp reversal in global risk sentiment could weaken EUR/JPY.
Key Events:
ECB speeches and data (CPI, growth updates).
BoJ FX comments and broader market risk appetite.
Leader/Lagger Dynamics
EUR/JPY is a leader among JPY pairs, often moving in sync with GBP/JPY and CHF/JPY. Its movement also tends to precede confirmation in risk-sensitive JPY crosses.
Summary: Bias and Watchpoints
EUR/JPY is bullish from the 170.35 demand zone, with a potential move toward 172.17 and 173.64. Key watchpoints include ECB communication, BoJ stance, and market risk sentiment. As long as 170.35 holds, bulls remain in control.
Trading the Pullback on EURJPY My Trade PlanThe EURJPY is clearly in a strong bullish trend 📈, as shown by a consistent pattern of higher highs and higher lows on the 1H timeframe ⏱️. In this video, I’m looking to capitalize on a pullback as a potential buy opportunity 🎯.
We dive into my entry strategy, explore how to align with the prevailing trend, and break down key concepts such as price action, market structure, and smart pullback zones 🧠📊.
⚠️ As always, this is for educational purposes only — not financial advice.
How I’m Trading the EURJPY Break of Structure Setup📈 EURJPY Analysis Update 🔍
I'm currently watching EURJPY closely. On the weekly timeframe, the pair is clearly in a strong bullish trend 🚀. Price has recently tapped into a previous daily bullish order block 🧱 — a key zone of interest.
Now, I’m watching for a break of structure (BoS) 📉 followed by a bullish continuation, especially if price pulls back into the fair value gap (FVG) 📊 near the current low.
As always, this setup — along with all key details and trade considerations — is fully broken down in the 🎥 video.
⚠️ This is for educational purposes only and not financial advice.