Pair
EURJPY
ENTRY ZONEMacro favours the quote currency and price sits high in range.
Price
182.498
-2.54% this week
Macro side
SHORT
gap 0.487
1Y position
68%
170.970 – 187.935
10Y position
92.8%
DEEP HIGH
The entry window stays open while price is above 181.997. 176.908 marks where the gap is considered priced in — a natural profit-taking area, not a forecast.
What would change this
Catalysts
The ranking recomputed assuming one central bank moves its rate path. Arithmetic on the inputs, not a forecast of how price reacts.
ECB · next decision 2026-09-10 (35d)
| Scenario | New gap | Side | Effect |
|---|---|---|---|
| Hikes 50bp | 0.468 | LONG | Direction flips |
| Hikes 25bp | 0.038 | LONG | Direction flips |
| Holds, tone unchanged | 0.487 | SHORT | Signal holds |
| Signals a cut | 0.965 | SHORT | Signal holds |
| Cuts 50bp | 1.286 | SHORT | Signal holds |
BoJ · next decision 2026-09-18 (43d)
| Scenario | New gap | Side | Effect |
|---|---|---|---|
| Hikes 50bp | 1.114 | SHORT | Signal holds |
| Hikes 25bp | 0.853 | SHORT | Signal holds |
| Holds, tone unchanged | 0.487 | SHORT | Signal holds |
| Signals a cut | 0.037 | LONG | Direction flips |
| Cuts 50bp | 0.596 | LONG | Direction flips |
Scenarios that would end this setup: ECB hikes 50bp → direction flips; ECB hikes 25bp → direction flips; BoJ signals a cut → direction flips; BoJ cuts 50bp → direction flips. Everything else leaves the signal intact, though the gap changes.
Concentration
4 entry-zone pairs share a currency with EURJPY: NZDJPY, AUDJPY, EURAUD, EURJPY. Taking several of them is one position expressed multiple times, not diversification.