EURJPY Currency Pair Analysis for November 5, 2025
05.11.2025 — EURJPY
The trend is bullish. The currency pair is trading between the 365 and 135 EMA ranges.
A downward truncated wave structure has completed with a breakout of the descending channel.
The Awesome Oscillator shows a bullish divergence, while the Stochastic Oscillator indicates oversold conditions.
Trading idea:
Buy upon the formation of an upward wave structure.
Stop Loss: 175.69
Target levels: 177.67; 178.20
