Eightcap

EURJPY, USDJPY, GBPJPY: Thoughts and Analysis

FX:EURJPY   Euro / Japanese Yen
Welcome to 2024 Traders and Tradingview community. So far this week, we have seen plenty of volatility to start the new year. Crypto has seen solid moves, and the USD has been mainly positive into the first week of the year.

The JPY has also been seeing movement, but mainly to the downside into 2024. It's the majors that have caught our attention today as we have watched higher moves contnue. We have run over the USD, GBP, and EUR to the JPY and reviewed what we like and what we are looking for to see further higher moves and possibly new trends or continuations develop.

What do you think? Could we see new continuations if we see pullbacks and new higher highs?

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