EURJPY Euro / Japanese Yen

$EURJPY update from 21 September looking for pair to turn lower in wave 5 after a 3 waves rally #elliottwave

Daily Technical Video Group 1 is ready for viewing in member area. $EURJPY is looking to correct cycle from August 21 high in 3 or 7 swing before turning lower again #elliottwave

$EURJPY Update: The wave 4 top at 181.545 held as projected, driving a sharp sell-off down to 176.204 to finish wave ((i)). Near-term corrective bounces should fail below the 181.537 invalidation level to extend the bearish continuation! 📉 Trade the right side. #trading #Elliottwave #EURJPY

$EURJPY chart from 09.21.2026 forecasted the corrective bounce to have ended against the wave 4 peak at 181.5450, with the pair expected to turn lower. Since then, sellers have remained in control, and one final swing lower is expected to complete wave (v) of ((i)). From there, a corrective bounce in wave ((ii)) is anticipated, which should remain capped below 181.5686 before the downside resumes. The next downside target is 175.1030–173.7636, where EURJPY is expected to find support and turn higher. Trade the right side. #trading #Elliottwave #EURJPY

$EURJPY is no longer a clean carry trade. It is a referendum on French debt. The French 10-year just hit 4.96%, the highest since 2002. Public debt is 119% of GDP. The 2027 budget seeks €43B in savings, and the market is not buying it. The spread over Germany topped 140 basis points, the widest since 2012. The euro is at a 15-month low against the dollar. Japan is the other side of the cross. The Bank of Japan lifted rates to 1.25% in September, with another hike expected by December. The Japanese 10-year is above 3.1%. Eurozone inflation is 3.3%. One central bank is fighting fragmentation. The other is exiting deflation. That gap is the trade. #EURJPY #France #BOJ #Bonds #FX