Eur/Jpy

EUR/JPY Analysis 24 July 2024



EurJpy pair jo main dekh raha hoon, wo July ke shuru se bearish side par chal raha hai aur yeh niche ja sakta hai. Yeh downward trend is haftay tak bhi jaari reh sakta hai aur price dheere dheere bearish side ki taraf move ho rahi hai. Agar hum candlestick ki position dekhein, to yeh ab niche jaane ki koshish kar raha hai aur simple moving average zone of period 100 ko paar karne ki koshish mein hai, jo yeh dikhata hai ke seller ka abhi bhi yeh irada hai ke price ko aur neeche le kar aayein. Hafte ke shuru se market ne bearish price condition dikhayi hai aur pichle do din se ab tak price ek kaafi bade range ke saath neeche ja rahi hai.

Agar hum price ke safar ko shuru se dekhein, to yeh bearish side ki taraf jaa raha hai aur doosre sellers se support mil raha hai. Price decline ne candlestick ko Simple Moving Average 100 indicator zone ko paar karne mein madad di hai. Lagta hai ke seller abhi bhi current price zone ke neeche ke area ko achieve karne ki koshish kar rahe hain. Aaj EurJpy market ne apna safar position 168.79 se shuru kiya hai. 4-hour time frame se dikh raha hai ke kuch din pehle se seller ka asar hai, jo price ko aur neeche le jaa sakta hai. Ab market narrow range ke saath neeche move kar raha hai.

Bade time frame trend ke dekhne par bhi lagta hai ke yeh bearish side ki taraf ja raha hai, aur market agle Downtrend ke momentum ka intezar kar raha hai jo aaj ya kal ho sakta hai. Candlestick ke hone se lagta hai ke yeh simple moving average zone of period 100 se door move kar raha hai, to meri prediction yeh hai ke price bearish side ki taraf jaari reh sakta hai agar fundamentals Yen currency ke strength ko support karein. Subah ke market conditions abhi tak shaant hain, aapko afternoon ya evening tak intezar karna hoga taake aapko clear trading signal mil sake.

Good morning, fellow Indonesian Investsocial traders. Judging from the movement on the large timeframe H4, it is still clear that the main trend is under bearish control. However, the movement on Thursday indicates an opportunity for EURJPY to re-enter the bullish trend. Despite this, EURJPY is still struggling to penetrate the mid BB. Observing the series of events in EURJPY, there is a new opportunity for those who want to sell again, similar to what happened mid-week when EURJPY re-entered a sell phase.




Looking ahead, my main focus on EURJPY is likely to be selling again, with the ideal target of trading below the important area of 170.0. Previously, EURJPY was in this area but failed to reach a more bearish level. EURJPY is still moving cautiously and hasn't penetrated the 174.5 area, which was my previous target. Given the current market conditions, the price is approaching the mid BB again, indicating that the opportunity for EURJPY to fall is still quite open. Therefore, I might wait for another opportunity to sell CSAK and then make a sell entry with an ideal target, possibly returning to the 173.0 area or even lower.

The market trend tends to move with an increase zone, indicating that buyers are still dominant. The graph shows an increase in candlesticks as a strong signal for the continuation of the bullish trend, consistently maintaining the price position near the 175.17 zone. If the price rises beyond this zone, the likelihood of the market moving towards an Uptrend increases. The market still offers a greater opportunity to choose the Buy trading option for the next few days. The influence of buyers remains very strong in the EURJPY market.

EUR/JPY H1 chart ka Ichimoku indicator ke sath analysis karte hue kuch important bearish signals samne aye hain. Pehle, price Tenkan-sen aur Kijun-sen lines ke upar tha, jo bullish momentum ko darshata tha. Lekin, recent shift ke baad price Tenkan-sen line ke neeche chal gaya, jo trend ke weak hone ki taraf ishara kar raha hai. Upar se, price ne Kumo cloud ko tod diya hai, jo bearish pressure me significant increase ko darshata hai. Yeh breakdown strong indication hai ke EUR/JPY pair girna jari rakh sakta hai.
Stochastic indicator bhi is bearish outlook ko support karta hai. Abhi, stochastic lines neeche ki taraf hain, jo downward momentum ko darshata hai. Yeh lines oversold territory (20 level ke kareeb) ke paas hain, jo is baat ka signal hai ke downward pressure ke bawajood, pair oversold condition ke kareeb hai. Agar price extreme lows ko hit karta hai, to reversal ho sakta hai, lekin filhal bearish trend dominant hai.

Ek aur important cheez yeh hai ke price apne recent lows ke kareeb hai, aur agar yeh 171.58 ke nearest support level ko todta hai, to aur zyada girawat expect ki ja sakti hai. Lekin, stochastic indicator se caution lena chahiye kyunki market oversold conditions ke kareeb hai, jo temporary upward correction ko trigger kar sakta hai.



H1 timeframe pe, ek triple top pattern bhi form ho raha hai. Yeh pattern classic reversal signal hai, jo market ke direction shift hone ka indication deta hai jab market teen martaba same resistance level ko test karta hai bina usay todhe. Yeh pattern bearish sentiment ko aur zyada strengthen karta hai, kyunki yeh aksar decline se pehle hota hai.

In technical indicators ko dekhte hue, traders ke liye recommendation yeh hogi ke sell positions pe focus karein. In sell positions ka target nearest support level 171.58 pe set karna chahiye. Yeh level current bearish momentum aur technical indicators ke basis pe logical target hai. Risk management ke liye, stop loss nearest resistance level 174.79 pe place karna chahiye. Yeh level unexpected upward movements ke against safeguard provide karta hai aur potential losses se bacha sakta hai agar market unexpectedly reverse ho jaye.

H1 chart pe bearish signals ke bawajood, recent market movements ka context bhi note karna zaroori hai. EUR/JPY teen din ke winning streak pe tha, aur Tuesday ko European trading ke dauran 174.30 ke kareeb settle hua tha. Yeh recent upward movement yeh suggest karta hai ke short-term indicators bearish hain, lekin overall market sentiment me ab bhi underlying bullish elements ho sakte hain.

In conclusion, EUR/JPY currency pair abhi strong bearish pressure me hai jaisa ke Ichimoku aur stochastic indicators se pata chal raha hai. Price Tenkan-sen aur Kijun-sen lines ke neeche hai aur Kumo cloud ko tod diya hai, jo bearish trend ko reinforce karta hai. H1 chart pe triple top pattern bhi continued decline ke potential ko support karta hai. Traders ko sell positions pe focus karna chahiye, targets 171.58 aur stop losses 174.79 pe set karna chahiye. Lekin, recent bullish momentum ko bhi nazar me rakhna chahiye aur potential reversals pe watch rakhna chahiye, khaaskar jab stochastic indicator oversold conditions ke kareeb ho.

Kal EUR/JPY market 171.48 zone ke aas paas pohoncha, jo ek strong buying scenario ko darshata hai. Yeh level significant bullish momentum ko indicate karta hai kyunki traders favorable conditions ka faida utha rahe hain. Lekin, Tokyo CPI level ka impact consider karna zaroori hai, jo sellers ko empower kar sakta hai. Agar CPI level expectations se zyada hota hai, to yeh market sentiment ko badal sakta hai aur bearish outlook ko support kar sakta hai.
Dusri taraf, European Manufacturing aur Services PMI levels ka upcoming release is haftay trading landscape ko aur complex banata hai. Yeh PMI numbers economic health ke important indicators hain aur investor confidence aur market direction ko significantly influence kar sakte hain. Is liye, trading strategies ko evolving market sentiment ke saath carefully adapt karna chahiye.

Lastly, EUR/JPY market increased volatility ke liye poised hai. European Flash PMI data ka anticipation suggest karta hai ke traders ko potential market changes ke liye tayar rehna chahiye. Despite upcoming economic releases, current sentiment buyers ke favor mein hai, aur EUR/JPY market ka bullish trend maintain karne ki umeed hai. 171.48 zone ka recent test buying interest ki strength ko underline karta hai, aur yeh momentum market ko agle ghanton mein 171.76 zone ki taraf push kar sakta hai.

Yeh upward movement ka anticipation current market sentiment ko reflect karta hai, jo positive economic expectations aur strong buying activity se supported hai. Humein vigilant rehna chahiye, Tokyo CPI level aur European PMI releases ko monitor karna chahiye. Yeh indicators market trends aur sentiment ko shape karne mein crucial honge. In economic events ko nazar mein rakhte hue, traders informed decisions le sakte hain, apni trading strategies ko dynamic market conditions ke saath optimize kar sakte hain.

Jaisa ke EUR/JPY market evolve hota rahega, new information aur market sentiment ke saath adapt karne ki ability successful trading results ke liye critical hogi. Is liye, halan ke market abhi buyers ke favor mein hai, traders ko upcoming economic data releases ke liye agile aur responsive rehna chahiye.

Euro (EUR) Japanese Yen (JPY) ke muqable mein 23 July ko teesre din bhi struggle kar raha hai. Is pressure ke bawajood, EUR/JPY pair 170.00 ke key psychological level pe qaim rehne mein kamiyab raha, jo ke last week touch kiya tha aur ek mahine ka low hai. Yen ki strength kai factors ki wajah se hai. Pehli baat, market expectations hain ke Bank of Japan (BoJ) apni upcoming policy meeting mein ek aur interest rate hike karega. Doosri baat, speculation hai ke Japanese authorities apni currency ko bolster karne ke liye intervention kar sakti hain. Teesri baat, United States ki political instability kuch investors ko Yen ki safe-haven status ki taraf le ja rahi hai, jo EUR/JPY pe aur zyada downward pressure dal rahi hai.
Euro ki problems mein European Central Bank (ECB) ne recently Eurozone ke economic outlook ko downgrade kiya hai. ECB ko umeed hai ke inflation kam hoti rahegi, jo ke September mein potential interest rate cut ka raasta kholti hai. ECB ke is dovish stance se Euro ki relative weakness aur EUR/JPY ke bearish sentiment ko support milta hai.

Halaanki, ek complete collapse kuch mitigating factors ki wajah se prevent ho sakta hai. Federal Reserve ka dovish stance, jo US Dollar pe pressure daal raha hai, Euro ko kuch support de raha hai. Iske alawa, market mein generally positive risk appetite Yen ke gains ko cap kar sakti hai aur EUR/JPY pair ko kuch lift de sakti hai.




Is liye, 170.00 level se clear break pehle crucial hai recent pullback ke continuation ko assume karne se pehle. Global economy ki overall health, aur broader risk sentiment Yen ke safe-haven asset ke demand ko significantly impact karega aur EUR/JPY ki future trajectory ko dictate karega. Agar downward pressure barkarar raha aur pair decisively current uptrend line ke neeche break karta hai, to June ka support level 167.50 pe pehli line of defense ho sakti hai. Is zone ka aage breach decline ko 165.34 ya 164.28 ki taraf trigger kar sakta hai, jo ke former resistance areas hain aur ab support ke taur pe act kar sakte hain.

Doosri taraf, agar prices slight recovery karte hain, to April ka high 171.56 pe pehla hurdle ho sakta hai. Ek strong Euro phir 173.50 pe resistance face kar sakta hai aur potentially 32-year high 175.41 ko challenge kar sakta hai. Is significant barrier ko overcome karna psychological level 180.00 ke test ka raasta khol sakta hai.

Mujhe yaqeen hai ke north ki taraf movement aaj bhi jari reh sakti hai aur is surat mein, mein resistance level 178.499 pe qaim rakhne ka plan kar raha hoon. Is resistance level ke aas paas do possible scenarios hain. Pehla scenario yeh hai ke price is level ke upar consolidate kar jaye aur upward movement continue ho. Agar yeh plan hota hai, to mein wait karunga ke price 187.610 ke resistance level ki taraf move kare. Is resistance level ke aas paas, mein ek trading pattern ke formation ka intezar karunga jo aage ki trading direction determine karne mein madad karega. Yaqeenan, mein movement ke dauran south ki taraf pullback ke possibility ko bhi consider karta hoon, jo mein nearest support levels se bullish signals dhoondhne ke liye use karunga, global bullish trend ke framework ke andar price movement ke continuation ki umeed mein.
Dusra alternative scenario yeh hai ke 178.499 ke resistance level ke qareeb ek reversal candlestick form hota hai aur south ki taraf corrective movement shuru hoti hai. Agar yeh plan hota hai, to mein wait karunga ke price 174.516 ya 173.510 ke support level par wapas aaye. In support levels ke aas paas, mein bullish signals dhoondhne ka silsila jari rakhunga, price movement ke upwards continuation ki umeed mein. Yaqeenan, kuch lower bullish targets bhi hain, jo mere analysis ke mutabiq 173.588 aur 170.890 par hain, lekin is waqt mein in options ko consider nahi kar raha kyunki mujhe unki rapid achievement ka potential nazar nahi aa raha.

Mujhe poora yaqeen hai ke price aaj nearest resistance level ki taraf north ki movement jari rakhegi, aur wahaan se mein apne actions market conditions ke mutabiq adjust karunga. Jabke Euro political front pe gain kar raha hai, Eurozone se aane wale economic data ne cautious picture paint ki hai. Region ka latest Purchasing Managers’ Index (PMI) 45.8 pe aya, jo slightly 45.6 se revised hua, lekin ab bhi anticipated average 51.6 se kaafi neeche hai. Data ne output mein contraction dikhaya, jo 2024 mein ab tak ka steepest hai. Economic slowdown potentially European Central Bank (ECB) ko action lene pe majboor kar sakta hai, jaisa ke recent comments by Governing Council member Olli Rehn ne suggest kiya, jo is saal do aur interest rate cuts ka hint de rahe the.

Pacific side pe, Japan se aane wale positive data ne yen ko support provide kiya. Tankan manufacturing index second quarter mein 13 pe pohoncha, jo pehle 11 tha, aur improved business confidence reflect karta hai. Halaanki, Bank of Japan (BOJ) manufacturing PMI June mein slightly 50 pe gir gaya, jo pehle 50.1 tha, lekin phir bhi continuous expansion dikhata hai for the second straight month.

Wednesday ko, EURJPY ne daily time frame chart pe major resistance level 171.53 ko tod diya. EURJPY ne Friday ko bhi is price level ko approach kiya. Is dafa, price increase hui aur buying pressure itna significant tha ke EURJPY ne ek strong bullish pin bar candle form ki.

EUR/JPY:H1: 172.46
Japanese yen ke baqi major currencies ke muqable mein abhi bhi ehtiyat se anticipation dominate kar raha hai. Chaar consecutive trading sessions ke liye, euro ka price Japanese yen (EUR/JPY) ke muqable mein limited path mein move kar raha hai, 171.44 level aur 172.92 resistance level ke darmiyan range mein, aur Wednesday ke trading ke aghaz pe 172.60 level ke aas paas stabilize ho raha hai. Eurozone ke inflation figures ke announcement se pehle ye surat-e-haal hai.

Niche diye gaye daily chart ke performance ke mutabiq, EUR/JPY ke price ka general outlook bullish rahega jab tak yeh 170.00 ke psychological resistance ke upar stable rehta hai, aur agar 173.60 ka resistance break hota hai, to bulls ka trend pe control dobara mazboot ho jayega. Ab tak, mein har rising level se euro ko Japanese yen ke muqable mein sell karna prefer karta hoon.



EUR/JPY:H1: 172.46

Misal ke taur pe, agar price 172.62 ya 172.46 se convincingly bounce back karta hai, to yeh upward trend ke continuation ka signal ho sakta hai, jo ek potential buying opportunity present karta hai. Doosri taraf, agar price in support levels ke neeche break karta hai, to yeh bullish momentum ke weakening aur possible bearish trend ke shift ka indication hoga. Is scenario mein, traders short positions consider kar sakte hain ya market mein dobara entry se pehle further confirmation ka intezar kar sakte hain. Iske ilawa, 171.56-171.70 range ke aas paas price action ko monitor karna bhi crucial hai, kyunke yeh zone secondary support level ke taur pe act kar sakta hai, jo market dynamics ke further insights provide kar sakta hai.

EUR/JPY pair ko effectively trade karne ke liye, key resistance aur support levels jaise ke 171.50, 172.10, 172.62, aur 172.46 ko monitor karna zaroori hai. In levels pe reversal patterns aur doosre technical indicators pe close attention dena traders ko informed decisions lene aur apne risk ko better manage karne mein madad de sakta hai. Critical zones ke aas paas price action ko samajh kar aur interpret kar ke, traders market ki strength aur potential future movements ka clearer picture hasil kar sakte hain.

EUR/JPY H1 chart
EURJPY pair abhi bhi bullish state mein hai aur yeh halat is hafte bhi jari rehne ki umeed hai. Jitna ke mujhe dikh raha hai, price abhi bhi mid BB h4 ke upar reh sakta hai, halan ke Thursday ke movement mein EURJPY ne kaafi ehtiyaat se chalne ki koshish ki thi aur 174.5 area ko penetrate nahi kar saka, jo ke mera pehla target tha. Agar hum current market conditions par dhyan dein, to yeh wazeh hai ke price phir se mid BB ke kareeb aa gaya hai. Is liye, EURJPY ke dobara girne ka mauqa abhi bhi kaafi khula hai. Main ab shayad ek aur CSAK sell ka intezar karoon aur phir market mein dobara sell entry karoon, ideal target ke saath shayad pehle 173.0 area tak ya zarurat padne par EMA50 ko phir se penetrate kar sakta hai jo ke neeche hai.

EurJpy market mein guzishta do hafton ke trading ke doran, market bullish form mein close hui hai. Aakhri raat se, market ki halat down correct hone lagi aur ab tak buyers market position ko reverse nahi kar sake jo ke pehle se hi seller control mein thi. Aaj sellers ka asar hai jo ke prices ko bearish correction ki taraf le ja raha hai. Monthly trend ke lehaz se, buyers poori taqat ke sath aaye hain aur prices ko 174.46 zone tak le ja sakte hain. Market mein bullish trend abhi bhi mazboot hai, price increase aaj raat tak jari reh sakta hai.




EUR/JPY pair ne recent mein multi-year highs 174.60 ko touch kiya hai. Iss impressive rally ke bawajood, pair abhi us peak se neeche hover kar raha hai aur technical indicators market tension ka ishara de rahe hain. RSI ab 70 ke neeche dip hone ki koshish kar raha hai, jo ke buying pressure ke potential cooling off ka ishara hai. MACD bhi weakening bullish momentum dikha raha hai kyunki MACD line apni trigger line aur zero line ke upar ground lose kar rahi hai. Agar EUR/JPY apni southward trajectory extend karta hai, to pehla defense line previous high 171.55 par hoga. Yeh level 20-day simple moving average (SMA) ke sath coincide karta hai, jo iski potential support function ko mazeed wazn deta hai. Is point ke neeche break ek wave of bearish sentiment ko trigger kar sakta hai, jo ke price ko 50-day EMA at 169.70 aur 23.6% Fibonacci retracement level of the uptrend (around 169.50), jo ke uptrend line ke kareeb hai, tak le ja sakta hai. Doosri taraf, agar bulls control dobara hasil kar lein, to pair shayad 174.60 resistance level ko dobara test karne ki koshish kar sakta hai. Is point ke successful breakout ke baad, nayi uncharted territory ke darwaze khul sakte hain, potential targets 175.00 aur shayad 176.00 tak ho sakte hain.

EUR/JPY Analysis
Mujhe EUR/JPY pair par bearish outlook hai aur umeed hai ke yeh apni neechey walay levels ki taraf chalti rahegi. Lekin, ek temporary pullback ki bhi possibility hai. Iss waqt humare paas do scenarios hain.

Pehla scenario yeh hai ke agar price existing support level ke neechey break karti hai aur wahaan settle ho jati hai, to yeh downtrend ke continuation ka ishara hoga. Iss surat mein, pair ka agla target support zone 172.83-172.58 ke aas paas hoga. Yeh recent trading sessions mein dekhi gayi prevailing bearish trend ka continuation suggest karta hai.

Dusra scenario yeh hai ke price shayad resistance level 178.50 tak pahunch jaye, lekin is level ko break karna mushkil hoga. Yeh ek reversal candle ke roop mein manifest ho sakta hai, jo ke possible correction aur south ki taraf move ka ishara hai. Agar yeh scenario hota hai, to main price action ko support levels 174.52 ya 173.52 ke kareeb monitor karunga. In support zones ke kareeb, main bullish signals ki talash karunga jo ke uptrend ke resumption ka ishara dete hain.

Kuch lower support levels bhi hain jaise ke 173.59 aur 170.90, lekin filhal main unpar focus nahi kar raha hoon, kyun ke mujhe lagta hai ke near term mein ek upward move zyada likely hai. Aam tor par, main aaj ke din ke lehaz se cautiously optimistic hoon ke northward movement next resistance level tak jari rahegi. Jab price iss level tak pahunch jaye gi, to main market situation ko analyze karunga aur apni trading strategy ko accordingly adjust karunga. Mera main focus yeh hai ke potential continuation of the bullish trend ko capitalize karne ke mauqe ko identify karoon.

EUR/JPY pair abhi bhi bullish state mein hai aur yeh halat is hafte bhi jari rehne ki umeed hai. Jitna ke mujhe dikh raha hai, price abhi bhi mid BB h4 ke upar reh sakta hai, halan ke Thursday ke movement mein EURJPY ne kaafi ehtiyaat se chalne ki koshish ki thi aur 174.5 area ko penetrate nahi kar saka, jo ke mera pehla target tha. Agar hum current market conditions par dhyan dein, to yeh wazeh hai ke price phir se mid BB ke kareeb aa gaya hai. Is liye, EURJPY ke dobara girne ka mauqa abhi bhi kaafi khula hai. Main ab shayad ek aur CSAK sell ka intezar karoon aur phir market mein dobara sell entry karoon, ideal target ke saath shayad pehle 173.0 area tak ya zarurat padne par EMA50 ko phir se penetrate kar sakta hai jo ke neeche hai.



EurJpy market mein guzishta do hafton ke trading ke doran, market bullish form mein close hui hai. Aakhri raat se, market ki halat down correct hone lagi aur ab tak buyers market position ko reverse nahi kar sake jo ke pehle se hi seller control mein thi. Aaj sellers ka asar hai jo ke prices ko bearish correction ki taraf le ja raha hai. Monthly trend ke lehaz se, buyers poori taqat ke sath aaye hain aur prices ko 174.46 zone tak le ja sakte hain. Market mein bullish trend abhi bhi mazboot hai, price increase aaj raat tak jari reh sakta hai.

EUR/JPY pair ne recent mein multi-year highs 174.60 ko touch kiya hai. Iss impressive rally ke bawajood, pair abhi us peak se neeche hover kar raha hai aur technical indicators market tension ka ishara de rahe hain. RSI ab 70 ke neeche dip hone ki koshish kar raha hai, jo ke buying pressure ke potential cooling off ka ishara hai. MACD bhi weakening bullish momentum dikha raha hai kyunki MACD line apni trigger line aur zero line ke upar ground lose kar rahi hai. Agar EUR/JPY apni southward trajectory extend karta hai, to pehla defense line previous high 171.55 par hoga. Yeh level 20-day simple moving average (SMA) ke sath coincide karta hai, jo iski potential support function ko mazeed wazn deta hai. Is point ke neeche break ek wave of bearish sentiment ko trigger kar sakta hai, jo ke price ko 50-day EMA at 169.70 aur 23.6% Fibonacci retracement level of the uptrend (around 169.50), jo ke uptrend line ke kareeb hai, tak le ja sakta hai. Doosri taraf, agar bulls control dobara hasil kar lein, to pair shayad 174.60 resistance level ko dobara test karne ki koshish kar sakta hai. Is point ke successful breakout ke baad, nayi uncharted territory ke darwaze khul sakte hain, potential targets 175.00 aur shayad 176.00 tak ho sakte hain.

EUR/JPY D1 chart
EUR/JPY ke liye ek ahem resistance level 172.160 par hai. Agar is resistance level ko tod diya jaye, toh yeh ek aham event hoga jo naye buying interest ko trigger kar sakta hai aur bullish momentum ko tez kar sakta hai. Is level ko break karna yeh darshata hai ke pair ne ek major barrier ko paar kar liya hai, jo aage ke price targets ko higher bana sakta hai aur upward trend ko majbooti de sakta hai. Agle inflation announcement ko nazarandaz nahi kiya ja sakta. Inflation data ek ahem economic indicator hai jo currency values par significant asar daal sakta hai. Eurozone mein zyada inflation rates se potential interest rate hikes ki speculation ho sakti hai, jo Euro ke liye supportive ho sakti hai. Dusri taraf, agar inflation data expectations se kam aata hai toh yeh Euro ke bullish outlook ko affect kar sakta hai aur EUR/JPY ko bhi impact kar sakta hai. EUR/JPY filhal ek narrow trading range mein chal raha hai, aur iska immediate future is par depend karta hai ke yeh 170.00 level ke upar rah sakta hai aur 172.160 resistance ko break kar sakta hai. Daily chart suggest karta hai ke bullish bias hai, provided yeh key levels maintained aur breached ho. Market participants closely upcoming inflation data ko dekhenge, kyunki yeh near-term price movements ko shape karne mein crucial role play karega aur decide karega ke current bullish trend sustain rahega ya pair ko naye downward pressures ka samna karna padega.




71.90 level bhi ek aur critical point hai jo monitor karna zaroori hai. Jaise 171.26-171.62 range, 171.90 level bhi resistance level ke tor par kaam kar sakta hai. Agar price action is point par hesitation ya reversal ke signs dikhata hai, toh yeh upward momentum ke kamzor hone ko support karega. Hesitation ka indicator chhoti candles ho sakti hain, jo traders ke bechain hone ko darshata hai, ya reversal patterns jo suggest karte hain ke price niche ki taraf move kar sakti hai. EUR/JPY pair ko analyze karte waqt, 171.26-171.62 range aur 171.90 level ko ahem resistance points ke tor par dekhna zaroori hai. In ranges mein reversal candle ka hona bullish momentum ke kamzor hone ka signal hai, jo potential bearish pressure ko darshata hai. Price action ko in levels par kaise behave karta hai dekhna market ke future direction ke liye crucial insights de sakta hai. Agar price in points par hesitation ya reversal dikhati hai, toh yeh upward se downward trend ke shift ka indication ho sakta hai, jo trading opportunities ko open kar sakta hai un logon ke liye jo in signals par act karne ke liye tayaar hain. In key levels ko samajhna aur price action ko closely monitor karna trading strategies aur decision-making processes ko behtar bana sakta hai.

EUR/JPY Ka Tajziya: Bullish Momentum aur Strategic Selling
EUR/JPY currency pair aakhri waqt mein kaafi strong bullish momentum dikhata raha hai, khaaskar D1 chart par. Price ka 1.2763-1.2815 ke ahem psychological resistance level ke aas paas aur upar stabilize hona bullish trend ko support karta hai. Yeh price range ek pivotal zone ki tarah kaam karti hai, jo market mein bullish control ko reinforce karti hai.

Is bullish trend ke liye ek significant factor Japanese yen ki lagatar kamzori hai. Japan ki loose monetary policy aur Japan aur Eurozone ke darmiyan economic growth ke differing trajectories ke bawajood, yen kamzor hota ja raha hai. Yeh depreciation euro ko zyada attractive bana raha hai, jiski wajah se EUR/JPY pair upar ja raha hai. Jaise-jaise yen kamzor hota hai, EUR/JPY ke aur upar jane ki ummeed barh rahi hai, jo ke 170.50, 170.85, aur 171.11 ke current highs ko bhi cross kar sakta hai.

Halankeh strong bullish signals aur upar movement ke favorable conditions ke bawajood, mai higher bullish levels par EUR/JPY bechne ki strategic preference rakhta hoon. Yeh contrarian approach is belief par base karti hai ke current bullish phase shayad overextended conditions ko present kare, jo potential reversal opportunities la sakti hai.

Ek successful bearish strategy ke liye, key levels ko identify karna zaroori hai jahan selling initiate ki ja sakti hai. 170.40 aur 170.83 ke darmiyan ka support level khaaskar significant hai. Is support range ki taraf movement zaroori hai taake overall bullish trend ko test kiya ja sake aur shayad break kiya ja sake. Agar price action is support level ko penetrate karti hai, toh yeh market sentiment me shift ko signal kar sakta hai aur downward correction ke liye darwaza khol sakta hai.

Is dauran performance dynamics ko samajhna zaroori hai. EUR/JPY pair ka 170.40-170.83 support level ki taraf movement na sirf current bullish trend ko challenge karega, balki short positions ke liye ek tactical entry point bhi provide karega. Traders ko in levels par price action ko closely monitor karna chahiye, bullish momentum ke kamzor hone ke signs ya bearish patterns ke emergence ko dekhna chahiye.

Technical analysis ke perspective se, candlestick patterns, momentum indicators, aur volume changes ko critical levels ke paas dekhna additional confirmation offer kar sakta hai. Jaise, bearish engulfing pattern ya RSI (Relative Strength Index) me divergence resistance levels ke paas selling decision ko reinforce kar sakti hai.

Aakhir mein, jabke EUR/JPY pair abhi strong bullish tendencies dikhata hai jo yen ki weakness se supported hai, higher levels par selling consider karne ke strategic reasons hain. Key yeh hai ke price action ko critical support levels tak pahunchnay ka intezar karein aur market behavior ko potential reversal ke signs ke liye observe karein. Vigilance aur disciplined approach ke saath, traders dono bullish aur bearish opportunities ka faida utha sakte hain EUR/JPY pair ke prevailing trend dynamics mein.

Euro pichle chaar din se Japanese Yen ke muqablay mein steadily taqat barhata ja raha hai, Monday ko European trading hours ke doran 173.30 ke aas paas rehta hai. Yeh upar ki taraf chalne wali raah unka positive reaction hai jo Sunday ko French presidential election ke pehle round mein far-right party ki kamiyabi par mila. Marine Le Pen ki strong performance ne France mein unki position ko mazbooti di hai, aur voter turnout 30 saalon mein sabse zyada raha. Lekin, Le Pen ki lead ke bawajood, France 24 ne July 7 ko hone wale decisive second round ke liye ab bhi chinta ka izhaar kiya hai. Jabke Euro political front par gain kar raha hai, Eurozone se aayi economic data ek zyada cautious picture dikha rahi hai. Region ka latest Purchasing Managers' Index 45.8 par aaya, jo ke initial estimate 45.6 se thoda zyada hai, lekin anticipated average 51.6 se ab bhi kaafi kam hai. Yeh data output mein contraction ko darshata hai, jo 2024 mein ab tak ka sabse zyada hai. Economic slowdown European Central Bank ko action lene par majboor kar sakta hai, jaisa ke Governing Council member Olli Rehn ke recent comments ne do aur interest rate cuts ka hint diya hai. Dusri taraf, Japan se positive data ne yen ko support diya hai.



Business world ne second quarter mein confidence mein izafa dekha, jaisa ke index 11 se 13 tak barh gaya. Lekin, Bank of Japan ka June ka manufacturing PMI thoda gir gaya, 50.1 se 50 par aaya, lekin ye second consecutive month ke liye expansion territory mein raha. Currency markets mein, EUR/JPY pair ne ek significant breakthrough dekha, daily chart par 171.53 ka crucial resistance level cross kiya. Yeh momentum continue hua, aur Friday ko pair ne wahi price level approach kiya, buyers ke strength ki wajah se strong bullish candlestick pattern bana. Iska nateeja yeh hua ke EUR/JPY ne is hafte ki trading bullish gap ke saath shuru ki aur apni upward trajectory ko maintain rakha. RSI indicator overbought zone mein enter ho gaya hai, aur market ke current gapped opening ke madde nazar, downward correction ka zyada imkaan hai gap fill karne ke liye. Chart ne do major support levels provide kiye hain, aur inme se kisi bhi level ke neeche break hone par trend direction mein change ka signal mil sakta hai.

EUR/JPY M15 Chart
EUR/JPY pair ke hawale se mera nazariya bearish hai aur mujhe lagta hai ke pair apni downward movement ko continue karega. Lekin, ek temporary pullback upar ki taraf bhi mumkin hai. Filhal ke level par do potential scenarios hain. Pehle scenario mein, agar price current support level se neeche break ho jaye aur wahan settle ho jaye, toh yeh downtrend continue karega. Is case mein, agla target 172.83-172.58 ke aas paas support zone hoga. Yeh prevailing bearish trend ki continuation ko darshata hai jo pichle kuch trading days mein dekha gaya. Agar price 173.72 ke aas paas correction ke baad hai, toh iska matlab hai ke buyers abhi bhi market ko control kar rahe hain. Mere khayal se, prices ke phir se upar jane ka mauka abhi bhi hai. General trading plan ke liye, main Buy position choose karta hoon. Agar buyers ki strength barhti hai, toh EUR/JPY price 174.26 ke aas paas tak pahuncha sakta hai. Bullish trend ki clarity tab nazar aayegi agar price 174.01 zone ko cross kar sake. Isliye, Buy position open karne ke liye aapko price ke upar jaane ka intezar karna hoga ya price ke correction continue karne ka wait karna hoga.




Aaj dopahar tak, price journey ka tendency correction ki taraf hai, trend ke mutabiq is mahine ka trend zyada tar Uptrend ki taraf hai. Agar price correction side ko continue karti hai, toh hum bearish candlestick formation ka intezar kar sakte hain aur phir se Buy position ke liye prepare ho sakte hain, current market trend ke mutabiq position trading ke liye.

In technical levels ke monitoring ke ilawa, traders ko fundamental factors ka bhi khayal rakhna chahiye jo EUR/JPY pair ko impact kar sakte hain. Economic data releases, central bank announcements, aur geopolitical events market sentiment ko influence kar sakte hain aur significant price movements cause kar sakte hain. Isliye, technical analysis ko broader market context ke saath combine karna traders ko EUR/JPY pair ko behtar tareeqe se navigate karne mein madad karega. EUR/JPY pair ka 171.50-171.73 support zone ke aas paas movement near-term direction ko determine karne mein crucial hoga. Is level par price action ko closely observe karke aur technical indicators aur patterns ke zariye confirmation dekh kar, traders behtar decisions le sakte hain aur is dynamic market environment mein risk ko achhe se manage kar sakte hain.

EUR/JPY pair filhal stagnation ke daur se guzar raha hai aur lagatar 168.00 ke level ke aas paas rehta hai. Yeh trend aksar sideways trading pattern ko darshata hai, jisme halka sa downward drift bhi nazar aata hai. Is pair ka behavior market mein clear direction ki kami ko reflect karta hai, jahan traders significant upar ya neeche moves karne mein hesitant hain.
Is sideways trading behavior ke peeche kai factors hain. Pehla, European Central Bank (ECB) aur Bank of Japan (BOJ) ne relatively stable monetary policies maintain ki hain, jo directional moves ke liye zyada impetus provide nahi kar rahi. ECB apne approach mein cautious raha hai, inflation control aur economic growth support ke beech balance banane ki koshish kar raha hai. Isi tarah, BOJ apni ultra-loose monetary policy ko continue kar raha hai jo deflation ko combat karne aur Japanese economy ko stimulate karne ke liye hai. Dono taraf se policy ki stability euro aur yen ke beech strong divergence ko rokti hai, jo stagnation mein contribute karta hai.




Global economic uncertainties bhi EUR/JPY ki lackluster performance mein ek role play kar rahi hain. Trade tensions, fluctuating commodity prices, aur varying economic data releases ne ek unpredictable environment create kiya hai. Traders isliye wait-and-see approach adopt kar rahe hain aur bade moves lene se gurez kar rahe hain.

Affectation data ki ahmiyat ko overstate nahi kiya ja sakta. Affectation data ek crucial economic index hai jo currency values par significant impact daal sakta hai. Eurozone mein high inflation rates European Central Bank (ECB) ke interest rate hikes ki speculation ko janm de sakti hain, jo Euro ke liye supportive ho sakti hai. Dusri taraf, agar inflation data expectations se kam hota hai, toh yeh Euro ke bullish outlook ko dampen kar sakta hai aur EUR/JPY pair ko bhi affect kar sakta hai. EUR/JPY pair filhal ek narrow trading range mein chal raha hai, aur iska immediate future is baat par depend karta hai ke yeh 170.00 level ke upar reh sakta hai aur 172.160 resistance ko break kar sakta hai. Daily chart suggest karta hai ke bullish bias hai, provided key levels maintain aur breach kiye jayein. Market participants closely upcoming inflation data ko dekhenge, kyunki yeh near-term price movements ko shape karne mein crucial role play karega aur decide karega ke current bullish trend sustain rahega ya pair ko naye downward pressures ka samna karna padega.

EUR/JPY H1 Chart
EUR/JPY currency pair filhal ek strong bullish trend dikha raha hai. Price 50 EMA (Exponential Moving Average) ke upar trade kar rahi hai, jo ke bullish momentum ko confirm karta hai. Lekin, price ab ek significant resistance level 172.53 ka saamna kar rahi hai. Yeh level price ke liye break karna mushkil sabit hua hai, jo ke is point par significant selling pressure ko darshata hai. Recently, price ne is resistance level ko break karne ki koshish ki lekin difficulties ka saamna kiya. Yeh resistance level price ko stall kar raha hai, jo yeh darshata hai ke sellers is area ke aas-paas active hain aur price ko aasan se upar jane se rok rahe hain. Kal, price ne correction ka samna kiya, lekin 172.101 level ke aas-paas strong support mila. Yeh support level ne downward movement ko roknay mein madad ki, jo yeh darshata hai ke buyers is lower level par step lene ke liye tayar hain taake further decline ko roka ja sake.




Iske ilawa, current market conditions aur broader economic factors ko bhi madde nazar rakhna chahiye. Euro ka performance Yen ke muqablay mein kai factors se influence ho sakta hai, jaise interest rate differentials, economic data releases, aur geopolitical events. Recent economic data Eurozone aur Japan se, aur European Central Bank (ECB) aur Bank of Japan (BoJ) ke monetary policy statements, pair ke direction par significant impact daal sakte hain.

Summary mein, EUR/JPY pair, recent decline ke bawajood 170.30 tak, ab bhi apni 20-day moving average ke upar hai, jo ongoing bullish sentiment ko indicate karta hai. Key support levels jo dekhne chahiye wo hain 20-day moving average 169.22, aur phir 100-day aur 200-day moving averages 164.00 aur 161.00 respectively. Yeh levels pair ke potential trajectory ko determine karne aur overall trend ko assess karne ke liye critical hain. Traders ko economic aur geopolitical factors par bhi nazar rakhni chahiye jo pair ke movement ko influence kar sakte hain.