EURJPY Technical Analysis and Trade Idea

FOREXCOM:EURJPY   Euro / Japanese Yen
Upon comprehensive analysis of the EURJPY pair, we are currently observing a robust uptrend, particularly evident in the broader timeframes such as the monthly and weekly charts. Despite a transient retracement observed on the daily chart, indicative of bearish sentiment, the market trajectory has resumed its upward course. Notably, a decisive breach in market structure on the 4-hour chart suggests a potential shift in the short-term trend to bullish. Our latest video elucidates this trend progression, delves into the nuances of price dynamics, market structure, and fundamental principles of technical analysis. Concluding the video, we present a strategic trade proposition. Please note, the content provided herein serves solely for educational purposes and should not be construed as investment advice.


✅ Join our FREE Telegram for Daily Signals and More Content:

✅ Linktree:

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.