EUR-JPY Local Long! Buy!
Hello,Traders!
EUR-JPY is trading in an
Uptrend and the pair made
A breakout, a retest and
A bullish rebound from the
Horizontal support of 173.200
So we are bullish biased and
We will be expecting a
Further bullish move up
On Monday!
Buy!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Eurjpy!
EURJPY – WEEKLY FORECAST Q3 | W31 | Y25📊 EURJPY – WEEKLY FORECAST
Q3 | W31 | Y25
Weekly Forecast 🔍📅
Here’s a short diagnosis of the current chart setup 🧠📈
Higher time frame order blocks have been identified — these are our patient points of interest 🎯🧭.
It’s crucial to wait for a confirmed break of structure 🧱✅ before forming a directional bias.
This keeps us disciplined and aligned with what price action is truly telling us.
📈 Risk Management Protocols
🔑 Core principles:
Max 1% risk per trade
Only execute at pre-identified levels
Use alerts, not emotion
Stick to your RR plan — minimum 1:2
🧠 You’re not paid for how many trades you take, you’re paid for how well you manage risk.
🧠 Weekly FRGNT Insight
"Trade what the market gives, not what your ego wants."
Stay mechanical. Stay focused. Let the probabilities work.
OANDA:EURJPY
EURJPY Bullish Breakout with IFC Confirmation | MMC Retest Play🔍 Market Structure & Price Behavior Explanation
🔹 1. Channel Structure and Bearish Trap:
The pair was previously trading within a downward sloping channel, forming lower highs and lower lows. This structure was respected for several sessions, creating a bearish bias for most retail traders.
However, as per Mirror Market Concepts, such channels often act as liquidity traps — designed to build sell-side liquidity before a strong reversal.
🔹 2. IFC Candle Break — Smart Money Confirmation:
A powerful bullish impulse candle (IFC - Institutional-Filled Candle) broke through all previous swing highs formed inside the channel. This is a critical sign that institutional buyers have stepped in and the bearish trend is likely over.
This candle is not just a breakout but also a signature of smart money transitioning the market structure from bearish to bullish. The breakout occurred with high momentum and volume, piercing through the upper channel boundary, invalidating the bearish trend.
📘 Key Note: IFC candles usually represent imbalance, strong directional intent, and are often followed by continuation after retest.
🔹 3. Retesting Phase – Key to Confirmation:
After the breakout, price retested the broken structure, which is now acting as a new demand zone. The retest is clean, holding firmly above minor support — giving confirmation of bullish control.
This zone is also aligned with a QFL (base structure) concept, where price returns to the base before a new leg of the trend begins.
🔹 4. Current Price Action: Building for Next Leg
Price is now consolidating just below the next key reversal zone (marked in green). This zone represents potential supply or resistance.
There are two likely outcomes here:
Rejection at the reversal zone, with a potential pullback before continuation.
Clean break above, followed by "Demand Doubling", where price re-tests this level again, confirming further upside momentum.
In case the second scenario plays out (as marked on the chart), EURJPY could aggressively rally toward 174.400 and beyond.
🔹 5. Demand Zones & Key Levels:
✅ Minor Demand Zone (~173.00):
Currently respected — origin of last bullish move.
✅ Major Demand Zone (~171.200):
Acts as macro support in case of deep retracement.
✅ Reversal Zone (~173.800 – 174.200):
Price may slow down, reject, or consolidate here. Smart money usually decides at this level.
📈 MMC Trading Plan (Mirror Market Concept Approach):
Buy Bias is active as long as price remains above the minor demand zone.
Any rejection from reversal zone with wick traps followed by bullish engulfing setups = potential long entries.
Break & hold above 174.200 will likely trigger momentum-based entries, targeting extended bullish continuation.
💹 Trade Setup Parameters:
📥 Entry #1: After successful retest and bullish confirmation at demand
🛑 Stop Loss: Below retest structure (~172.850)
🎯 Take Profit 1: 173.950 (within reversal zone)
🎯 Take Profit 2: 174.350+ (post-demand doubling continuation)
🧠 Trader’s Mindset – What to Expect Next:
The chart is a classic example of MMC in real-time, where:
Price traps sellers inside a fake bearish channel
Breaks structure using high-volume impulsive moves
Retests demand zone cleanly
Builds up toward the next decision-making zone
Patience is key here. Let price either break and confirm above the reversal zone or give us another deep retest for the best R:R long setup.
EUR_JPY WILL GROW|LONG|
✅EUR_JPY will keep growing
Because the pair is in the uptrend
And recently broke the key level of 173.200
So we will be expecting
Bullish continuation
LONG🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURJPY Technical Analysis! SELL!
My dear subscribers,
EURJPY looks like it will make a good move, and here are the details:
The market is trading on 173.19 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 172.73
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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 Q3 | D25 | W30 | Y25📊 EURJPY Q3 | D25 | W30 | Y25
Daily Forecast🔍📅
Here’s a short diagnosis of the current chart setup 🧠📈
Higher time frame order blocks have been identified — these are our patient points of interest 🎯🧭.
It’s crucial to wait for a confirmed break of structure 🧱✅ before forming a directional bias.
This keeps us disciplined and aligned with what price action is truly telling us.
📈 Risk Management Protocols
🔑 Core principles:
Max 1% risk per trade
Only execute at pre-identified levels
Use alerts, not emotion
Stick to your RR plan — minimum 1:2
🧠 You’re not paid for how many trades you take, you’re paid for how well you manage risk.
🧠 Weekly FRGNT Insight
"Trade what the market gives, not what your ego wants."
Stay mechanical. Stay focused. Let the probabilities work.
FRGNT
OANDA:EURJPY
EURJPY Will Explode! BUY!
My dear subscribers,
My technical analysis for EURJPY is below:
The price is coiling around a solid key level - 171.82
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 172.34
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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 - Potential Topping ActionTaking a look at the daily timeframe, price action is now trading below the 10 SMA. This pair has not traded below the 10 SMA since May 26. Now I'm just waiting for a few more confirmation before I'm fully confident. For now, adding a few small sells won't hurt.
Trade Safe - Trade Well
Bullish bounce?EUR/JPY is falling towards the pivot and could bounce to the 1st resistance, which acts as a swing high resistance.
Pivot: 171.05
1st Support: 169.69
1st Resistance: 173.27
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
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EUR/JPY: Bullish Thesis on Policy DivergenceOur primary thesis is built on a powerful confluence of compelling fundamental drivers and a clear technical structure. We are taking a long position in EUR/JPY with high conviction, anticipating significant upside fueled by a stark monetary policy divergence confirmed by a constructive chart formation.
📰 Fundamental Analysis: The core of this trade is the widening policy gap between the European Central Bank (ECB) and the Bank of Japan (BoJ). While the BoJ is only just beginning to exit its ultra-loose monetary policy, the global environment points toward continued JPY weakness. The upcoming high-impact US news will act as a major catalyst. A "risk-on" reaction to the data would significantly weaken the JPY, providing a strong tailwind for this trade.
📊 Technical Analysis: The chart structure for EUR/JPY is decidedly bullish. The pair has established a clear uptrend, and recent price action indicates a period of healthy consolidation above key support levels. This presents a strategic entry point, as the market appears to be gathering momentum for the next leg higher. The current setup suggests a low-risk entry into a well-defined upward trend.
🧠 The Trade Plan: Based on this synthesis, we are executing a precise trade with a favorable risk profile.
👉 Entry: 172.422
⛔️ Stop Loss: 171.292
🎯 Take Profit: 174.684
⚖️ Risk/Reward: 1:2
EUR/JPY: The Yen Begins to Gain GroundOver the past three trading sessions, the EUR/JPY pair has declined by up to 0.8%, as the yen has steadily gained strength, preventing the euro from maintaining its momentum in the short term. Selling pressure has held firm, especially after news that Japan finalized a new trade agreement with the United States, which lowered the initially proposed 25% tariff to 15%. This development has been perceived as a positive outcome for Japan and has supported strong demand for the yen in the latest trading session.
Uptrend Remains Intact
Despite the yen’s recent strength, it is important to note that the EUR/JPY pair remains in a well-defined uptrend, with sustained bullish momentum continuing to dominate the long-term outlook. Although some short-term selling corrections have emerged, they remain insufficient to break the current bullish structure. For now, the uptrend remains the most relevant technical formation in the chart and should continue to be monitored unless selling pressure becomes significantly stronger.
RSI
The RSI indicator has started to show lower highs, while price action continues to register higher highs. This event suggests the potential formation of a bearish divergence, which may indicate that the current selling correction could gain more traction in the coming sessions.
MACD
The MACD histogram remains close to the neutral zero line, indicating that no clear direction has formed in short-term moving average momentum. If this neutral setting continues, the chart could enter a more defined consolidation phase in the near term.
Key Levels to Watch:
172.896 – Resistance Level: This level corresponds to the recent high, and any buying momentum strong enough to break it could confirm a bullish continuation, supporting the long-standing uptrend currently in place.
170.231 – Nearby Support: This level aligns with a short-term neutral zone and may act as a temporary barrier, limiting any bearish corrections that may arise in the sessions ahead.
166.930 – Key Support: This is a critical level not seen since June of this year. If bearish pressure intensifies and the price falls to this point, it could seriously jeopardize the bullish structure that has been holding so far.
Written by Julian Pineda, CFA – Market Analyst
EUR/JPY BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
EUR-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 169.859 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the EUR/JPY pair.
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: MSS on H4 Signals Bearish Shift Toward Weekly FVGGreetings Traders,
In today’s analysis of EURJPY, we observe that a Market Structure Shift (MSS) has recently occurred on the H4 timeframe, indicating a potential change in directional bias. This suggests that price may begin to draw toward the Weekly Fair Value Gap (FVG), presenting a favorable opportunity to align with bearish order flow.
Higher Timeframe Context:
The weekly timeframe currently shows an unfilled Fair Value Gap (FVG) to the downside, acting as the primary draw on liquidity. This macro bearish draw adds weight to the idea of shorting the pair from premium levels. On the H4—our intermediate timeframe—we now have structural confirmation via a bearish MSS, aligning the two timeframes toward downside targets.
Key Observations on H4:
Bearish Order Block in Premium: Price has recently retraced into an H4 bearish order block situated within premium pricing. This zone acts as institutional resistance and is currently showing signs of rejection.
Confirmation Zone: This H4 bearish order block is being monitored for M15 confirmation entries, as we look for price to break lower from this key institutional level.
Engineered Support & Resting Liquidity: Just above the weekly FVG lies an engineered support zone—characterized by equal lows—suggesting that liquidity has been pooled there. This area serves as a high-probability draw for institutional price delivery.
Trading Plan:
Entry Strategy: Seek lower timeframe (M15) confirmation around the H4 bearish order block before initiating short positions.
Targets: The first target lies at the H4 internal liquidity pool within discounted pricing. The longer-term objective is the weekly FVG, where liquidity is likely to be delivered next.
For a detailed analysis, please watch this weeks Forex Outlook:https://www.tradingview.website/chart/EURNZD/BZC9xW1L-July-21-Forex-Outlook-Don-t-Miss-These-High-Reward-Setups/
Maintain patience, follow your confirmation rules, and always adhere to sound risk management principles.
Kind Regards,
The_Architect 🏛️📉