EUR/JPY – 30M – BUY

The EUR/JPY 30-minute chart has fired a dense cluster of bullish signals, including an Aroon Cross Up, MACD Zero Cross Up, STOCH KD Cross Up, and a break above the upper Bollinger Band, alongside multiple moving-average breakouts. Together, these indicate strong short-term upward momentum and a shift in market structure to the upside. The alignment is reinforced by a bullish trend across most timeframes, from 15 minutes up to 12 hours, with the 12-hour trend rated as very strong. The 1-hour and 30-minute trends are still choppy, but the higher timeframes (4h, 8h, 12h) are forming or confirming bullish trends, suggesting the move has broader support.

Key levels to watch are the nearest resistance at 181.545 and the nearest support at 179.843. A sustained break above resistance could open the path for further upside, while a move back below support would invalidate the bullish setup. The main caveat is the daily timeframe, which is still in a solid bearish trend, so this rally may be a counter-trend move within a larger downtrend. Traders should monitor price action at these levels and watch for any signs of momentum fading, especially given the high probability score and the potential for overextension after such a rapid move.