Categories: Technical analysis

EURJPY Wave Analysis – 11 June 2025

EURJPY: ⬆️ Buy

– EURJPY broke the key resistance level 165.00

– Likely to rise to the resistance level 168.00

EURJPY currency pair recently broke the key resistance level 165.00 (which has been steadily reversing the pair from the start of November, as can be seen from the daily EURJPY chart below).

The breakout of the resistance level at 165.00 accelerated the active sub-impulse wave 3 of the higher-order impulse wave (C) from April.

EURJPY currency pair can be expected to rise to the next resistance level 166.50 (former multi-month high from November) – the breakout of which can lead to further gains toward 168.00.

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

Share
Published by
The FxPro Tech Analysis Team
Tags: EURJPY

Recent Posts

Bitcoin is holding, while Solana is on the edge

Bitcoin remains stable near $87K, outperforming altcoins, while Solana faces key support at $120. Institutional…

2 hours ago

The dollar’s wings have been clipped

Waller's dovish rhetoric halted the bears' attack on EURUSD. Slowing UK inflation caused the pound…

2 hours ago

Dow Jones Wave Analysis – 17 December 2025

Dow Jones: ⬇️ Sell - Dow Jones reversed from resistance level 49000.00 - Likely to fall…

18 hours ago

Comcast Wave Analysis – 17 December 2025

Comcast: ⬆️ Buy - Comcast broke resistance area - Likely to rise to resistance level 31.00…

18 hours ago

Platinum Wave Analysis – 17 December 2025

Platinum: ⬆️ Buy - Platinum broke resistance level 1800.00 - Likely to rise to resistance…

19 hours ago

Silver Wave Analysis – 17 December 2025

Silver: ⬆️ Buy - Silver broke resistance zone - Likely to rise to resistance level…

19 hours ago

This website uses cookies