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Euro / Japanese Yen

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EURJPY enter long after next possible dumpEUR/JPY has historically exhibited sharp corrective dumps followed by sustained recoveries. Based on this recurring pattern, we anticipate a similar downside move toward the strong support zone (marked in green on the chart). A long entry is planned upon price reaching this zone, with the expectation of a subsequent bullish reversal and extended upward run. Historical Pattern Recognition: As observed on the chart, EUR/JPY has repeatedly experienced sharp, abrupt downside moves at various intervals. These sharp dumps have typically been followed by periods of consolidation or direct recovery, creating a recognizable and tradable price behavior pattern. Expected Price Action: Based on this historical recurrence, we anticipate a similar corrective move or sharp dump in the near term. This move is expected to drive price downward toward the designated strong support zone—clearly marked in green on the chart. Strategic Entry Plan: Our trading plan is to initiate a long position once price reaches this green support zone. This level represents a historical accumulation area where buying interest has previously emerged, offering a favorable risk-to-reward setup. Trade Objective: Upon confirmation that support is holding (e.g., bullish candlestick patterns, volume spikes, or momentum shift), we intend to allow the long position to run for a sustained period, capturing the recovery leg that has historically followed such dumps. ✍🏼Author's word: Like & comment(your thoughts) if you found it helpful.🩷
Long
by MMBTtrader
3
EUR/JPY Faces Pressure as Yen Intervention DominatesI’m still bearish on EURJPY on the 4H chart, and I would treat the pair as a clean yen-strength trade unless price proves it can reclaim the broken support band. The chart has already reacted violently to Japan’s intervention headlines, and the broader macro setup still favors yen support over euro strength. Current Bias I’m bearish on the 4H timeframe, with the move lower still intact unless the market can reclaim the 184.42 to 185.00 area and hold it. The recent rejection from the upper supply zone and the sharp drop from the recent highs tell me the pair is still under pressure rather than stabilizing into a fresh bullish base. Technical Posture & Price Action The chart shows a strong advance into the 185.00 area, followed by a sharp rejection and a fast liquidation candle that broke the short-term structure. After that, price bounced but only into a lower high structure beneath the blue supply zone, which is exactly the kind of setup I want to see before continuation lower. Higher timeframe structure is still vulnerable because the pair has already lost some of the upward momentum that carried it into the recent highs, while the lower timeframe is now compressing beneath resistance rather than reclaiming it. That keeps the burden on buyers, and right now they have not proven they can take control. Indicator & Volume Analysis Momentum should be clearly weakening on the 4H if RSI is read against the recent rejection, and MACD would likely be rolling over after the sharp downward impulse. That is consistent with a move that has already exhausted the first rebound phase and now risks another leg lower. Moving averages should still be catching up to the earlier rally, but once price is failing beneath the upper band, the short-term averages become overhead resistance rather than support. If volume expanded on the sell candle, that would confirm the move as a genuine break rather than a temporary flush. Key Fundamental Drivers The main driver is yen intervention risk. Reuters reported that Japan intervened again in early May and may have spent as much as $32 billion to support the yen, while another Reuters report said Japan and the US agreed that excess FX volatility is undesirable. That matters because the market now has to price in direct policy action, not just BOJ rate expectations. On the euro side, there is no equally strong offset, since the ECB is not giving EUR a powerful growth or yield premium right now. Macro Context The macro backdrop is strongly skewed toward JPY support. Reuters reporting shows Japanese officials are signaling that intervention is still on the table and may remain active near the 160-per-dollar line, while the BOJ has also highlighted inflation pressure from oil and a weak yen. At the same time, Japan’s core inflation has still been below target in recent data, which means the BOJ is cautious, but not inactive, and that leaves intervention as the immediate market tool. EUR does not have a comparable macro catalyst, so when JPY gets a policy tailwind, EUR/JPY tends to drop first. Primary Risk to the Trend The main invalidation is a decisive reclaim of the 185.00 resistance zone, especially if it turns into support on the next retest. If risk sentiment turns sharply positive and intervention pressure fades, EUR/JPY can squeeze higher quickly. A second risk is that the market becomes convinced Japan’s intervention is only delaying rather than reversing the yen move. If that happens, the pair could rebound from oversold conditions before selling pressure resumes. Most Critical Upcoming News/Event The most important watchpoints are BOJ communication, Japanese inflation, and any fresh intervention headlines, especially anything tied to the 160 level or more official yen-defense language. I’m also watching the US-Japan policy dialogue, because Reuters noted that Washington and Tokyo agree excess FX volatility is undesirable, which can reinforce the intervention narrative. Leader/Lagger Dynamics EUR/JPY is a leader for JPY-cross direction and often acts like a risk proxy for the broader carry space. When it breaks, pairs like GBP/JPY, AUD/JPY, and CAD/JPY often follow the same yen impulse. It also tends to reflect global risk appetite early, so when EUR/JPY is under heavy pressure, I usually expect other high-beta FX crosses to struggle as well. Key Levels Entry: I prefer a sell on rally into 184.40 to 185.00, or a breakdown sell below 183.00 if the pair loses the support shelf. Support Levels: 184.42 first, then 183.01, and then the lower swing support near 182.99. Resistance Levels: 184.99 first, then 185.00 to 185.56, with the higher rejection zone at the top of the box acting as the main ceiling. Stop Loss (SL) & Invalidation Point: For a short setup, I would place the stop above 185.56; a sustained break above that zone would weaken the bearish setup materially. Take Profit (TP) Targets: TP1 at 184.42, TP2 at 183.01, and TP3 at 182.99. Summary: Bias and Watchpoints My bias on EUR/JPY is bearish on the 4H chart because Japan’s intervention risk has become the dominant macro force and the chart has already responded with a sharp rejection from resistance. I want to sell rallies while price stays below the 185.00 to 185.56 supply zone, because that keeps the recent breakdown structure intact and preserves downside pressure. The key risk is a clean recovery above 185.56 or a broader risk-on shift that reduces yen demand, but until that happens I still see the path of least resistance as lower. The main event to watch is BOJ and intervention-related communication, because that is the catalyst most likely to either extend the move down or force a squeeze back up.
Short
by ultreosforex
2
Key resistance capping upside?EUR/JPY is rising towards the pivot, which is an overlap resistance and could reverse towards the pullback support. Pivot: 184.68 1st Support: 182.87 1st Resistance: 186.29 Disclaimer: The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended to be informative only, and are not advice, a recommendation, research, a record of our trading prices, an offer of, or solicitation for, a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation, or needs of any specific person who may receive it. Please be aware that past performance is not a reliable indicator of future performance and/or results. Past performance or forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or any information supplied by any third party.
Short
by IC Markets
1
E U R J P Y : (Daily Buy 185K High)Eurjpy has been dropping and stuck in a (Range) like pattern therefore when we check the (Daily) time frame we could potentially push up to the (High) of (185 200) for the day and this is because we need to be (Bullish) as it gave us a chance to (Buy Low) from the price of (184 800) this could be a nice trade to enter and hold till the levels of (185 000) as we are filling in the (Price Gap) of the market and can expect to see (3 White Soldiers) on the (1H) and (4H) ⬇️Tips ⬇️ • Keep trading simple ✓ • Stick to your plan ✓ • Journal ✓ • Close profit when necessary ✓
Long
by KennyYenKen
2
EUR/JPY Melted , Can We Find The Best Place For Buy ? Yes Here is my 8H Chart on EUR/JPY , We Have A Huge movement to downside that we entered in it last week and the price moved very hard to downside without any correction so i`m looking for the best place to can buy this pair from the lowest place and i found my best support @ 182.000 182.100 , that support forced the price to respect it every time the price touch it , if you check the chart you will see that this support pushed the price many times to upside for more than 300 pips for each time , so it`s my best place to buy this pair , i`m waiting the price to touch it and give me a good bullish price action then i will enter a buy trade and we can targeting from 100 to 200 pips and using a decent stop loss . and if we have a daily closure again below my old support then this idea will not be valid anymore . Reasons To Enter : 1- Over Sold . 2- Clear Support . 3- Good History For The Support . 4- The Price Respect The support Many Times .
Long
by FX_Elite_Club
3
EURJPY Clean uptrend targeting 203.000.The EURJPY pair has been trading within a 4-year Channel Up and currently is making a technical pull-back towards its 1D MA200 (orange trend-line). That is technically the first level to buy during its Bullish Legs. As long as the 1W MA100 (red trend-line) holds, expect this uptrend to continue, targeting at least 203.000, replicating the gains of the pattern's first Bullish Leg. The strongest buy opportunity would be on the 1W RSI's long-term Support Zone. --- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
2
EURJPY Is Very Bullish! Long! Here is our detailed technical review for EURJPY. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 183.700. Taking into consideration the structure & trend analysis, I believe that the market will reach 184.848 level soon. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
2
EUR/JPY 1H Short Trade PlanEUR/JPY 1H Short Trade Plan Asset: EUR/JPY Timeframe: 1H Direction: Short Entry: Market sell @ 184.632 Stop Loss: 185.085 RR Ratio: 1:5.91 Targets & Execution Plan: 1. TP1: 184.000 - Reduce position by 50% - Move stop loss to break-even (entry price) 2. TP2: 183.496 - Reduce position by another 50% (of remaining size) - Trailing stop to TP1 3. TP3: 182.777 - Reduce position by another 50% (of remaining size) - Trailing stop to TP2 - Let the final partial position run freely Risk Management: - Risk per trade strictly defined by SL distance - Partial scaling out + trailing stop strategy applied to lock in profits at each level - Final position left to run with trailing stop in place Risk Disclaimer: - This is not financial advice. All trading involves significant risk of loss. - Past performance is not indicative of future results. - Always use proper risk management and do your own research before entering any trade.
Short
by Jasmine-Flower
Bullish bounce off pullback support?EUR/JPY is falling towards the support level, which is a pullback support and could bounce from this level to our take profit. Entry: 184.45 Why we like it: There is a pullback support level. Stop loss: 183.02 Why we like it: There is a pullback support level. Take profit: 186.28 Why we like it: There is a pullback resistance level that aligns with the 145% Fibonacci extension. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by Vantage
Bullish rise?EUR/JPY is falling towards the support level, which is a pullback support and could bounce from this level to our take profit. Entry: 183.87 Why we like it: There is a pullback support level. Stop loss: 182.88 Why we like it: There is a pullback support level. Take profit: 184.84 Why we like it: There is an overlap resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by Vantage
Trading Plan — EUR/JPYTrading Plan — EUR/JPY Timeframe: 2H Chart Direction: Short Entry Price: 185.000 (Market entry directly on minor pullback) Stop-Loss: 185.500 Profit Targets & Position Management TP1: 183.800 • Reduce 50% of total position • Move stop loss to breakeven for profit protection TP2: 182.700 • Reduce 50% of the remaining position • Adjust stop loss to 183.800 for profit lock The last small trailing position shall be held with dynamic stop-loss adjustment following the trend. Risk Warning This trading plan is only for reference and educational purposes, not investment advice. Forex trading carries high market risk, and technical support/resistance levels may fail at any time. Please strictly enforce stop-loss rules and position management, only trade with risk capital you can afford to lose. Past performance is not indicative of future market results.
Short
by Jasmine-Flower
EURJPY Buyers In Panic! SELL! My dear followers, I analysed this chart on EURJPY and concluded the following: The market is trading on 184.96 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 184.36 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
EURJPY Massive Short! SELL! My dear friends, My technical analysis for EURJPY is below: The market is trading on 184.21 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 183.78 Recommended Stop Loss - 184.44 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
EUR/JPY Price Outlook – Trade SetupThe EUR/JPY pair reflects ongoing dynamics between a hawkish European Central Bank (ECB) and coordinated efforts by US and Japanese officials to stabilise the Yen. The EUR/JPY declined by approximately 0.11% on Tuesday as the JPY strengthened. US Treasury Secretary Scott Bessent noted that excess volatility in the FX markets is undesirable and expressed support for Japan’s concerns over significant exchange-rate fluctuations. There is no clear indication that the upward trend is reversing. While the overall outlook remains bullish, a correction is possible. A move through 185.50 would confirm a continuation of bullish momentum. German inflation has risen, increasing expectations for an ECB rate hike. Economic sentiment in Germany also improved, as indicated by the May ZEW Survey of Economic Sentiment. ECB’s Joachim Nagel stated that if inflation expectations de-anchor, the potential for a rate hike will be discussed in June. Traders expect a 92% probability of an ECB rate increase next month. 📊 Technical Structure The 4-hour chart shows EUR/JPY in a broad uptrend. Price action is currently contained within a rising channel (tan-shaded area). The pair has recovered and is consolidating in the mid-channel, while the structure remains bullish. 🎯 Trade Setup Bullish Bias: Look for a continuation of the uptrend if the price remains within the channel. Entry Trigger: Enter a long position if EUR/JPY prints and closes above 185.50 on the 4-hour chart, confirming that bullish momentum is returning with clear follow-through. Target: The initial resistance zone is near 186.09, with a potential extension to 186.73. Risk–Reward Ratio: 1:2.44 📌Invalidation Exit/Invalidation: If EUR/JPY breaks and closes below the Support Zone (184.13–183.33) on the 4-hour chart, exit any long positions. A close below 183.33 indicates a trend reversal and requires re-assessment of the trade bias. 🔑 Key Technical Levels Resistance 1: 186.09 Resistance 2: 186.73 Support 1: 184.13 Support 2: 183.33 🌐 Macro Background The fundamental landscape is a battle of "Hawkish vs Interventionist": German inflation is rising, and ZEW economic sentiment has improved. Traders have priced in a 92% chance of an ECB rate hike in June, especially after Bundesbank President Joachim Nagel signalled that "inflation de-anchoring" would force the bank's hand. US Treasury Secretary Scott Bessent’s meeting with Japanese Finance Minister Katayama reaffirmed a joint opposition to excessive market volatility. This establishes a perceived lower bound for the Yen, as markets anticipate potential coordinated intervention if the JPY depreciates rapidly. 📌Trade Summary The EUR/JPY remains technically bullish but is currently in a "wait-and-see" phase. Aggressive ECB rate-hike expectations support the Euro, while the Yen is protected by verbal (and potentially physical) intervention threats from the US and Japan. Watch 185.50 closely; a break above this level suggests the Euro's yield advantage is overpowering the intervention fears. ⚠️Disclaimer This analysis is for informational purposes only and does not constitute trading advice. Financial markets involve significant risk; appropriate risk and position management are essential.
Long
by ATFX_Global