EURJPY Poised to test the top after the BOJ Rate DecisionEURJPY Poised to test the top after the BOJ Rate Decision
EURJPY broke out of a descending type of channel pattern or something similar.
The last two candles confirmed the bullish movement in a clear way and the odds are that EURJPY may rise further during the coming hours.
However this movement
About Euro / Japanese Yen
The Euro vs. the Japanese Yen. The Yen is a historically low-yielding currency, influencing traders to borrow cheaply in JPY to purchase higher-yielding currencies, including EUR. Because of this the pair is sensitive to broad-based market sentiment trend swings. Volatility may be found in news related to the Eurozone debt crisis and from the Bank of Japan’s anti-deflation policy efforts introduced in 2013.
Related currencies
EURJPY: Overextended move to meet daily resistanceThe current market context on EURJPY shows an overextended move that has been pushing higher as price is about to reach a well-established daily resistance. The rally into this resistance lacks healthy retracements, and momentum is likely unsustainable without a deeper correction. The probability of
EURJPY → Retest support before growthFX:EURJPY has been correcting since the opening of the European session. The movement was triggered by yesterday's news related to the trade deal between the US and Europe...
EURJPY is reacting to news related to the deal between the US and Europe. A correction is forming amid the fall of the
EURJPY: Bullish Rebound from Key Demand ZoneEURJPY has bounced off a critical demand zone and is showing signs of a bullish recovery. Despite the recent pullback, the pair’s structure remains fundamentally and technically bullish, driven by JPY weakness and EUR resilience.
Technical Analysis (4H Chart)
Pattern: Price tested a strong demand z
EUR/JPY Bearish Engulf as EUR/USD Sells Off Ahead of the FedA good illustration of FX market structure is on display today. EUR/USD is down sizably after teh announcement of the EU trade deal and this may be a 'buy the rumor, sell the news' kind of event. But, there's also the possibility that this is squaring up ahead of a really big week of drivers with FO
SELL EURJPY for bullish trend reversal SELL EURJPY for bullish trend reversal
STOP LOSS : 172.80
Trade trade is based on false breakout and divergence.....
First what is false breakout, A false breakout in Forex occurs when the price breaks through a key level (like support or resistance) but quickly reverses and returns to its o
EURJPY shortsHello everyone
I got a EURJPY short trade coming up soon.
Reason being is that price came back to the monthly supply zone (blue)
Price than made a EQH zone which got taken out and created a CHOCH.
Price is now consolidating and has formed EQL and EQH but i believe price will break EQH first to c
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of EURJPY is 170.177 JPY — it has increased by 0.18% in the past 24 hours. See more of EURJPY rate dynamics on the detailed chart.
The value of the EURJPY pair is quoted as 1 EUR per x JPY. For example, if the pair is trading at 1.50, it means it takes 1.5 JPY to buy 1 EUR.
The term volatility describes the risk related to the changes in an asset's value. EURJPY has the volatility rating of 0.74%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The EURJPY showed a −1.52% fall over the past week, the month change is a 0.39% rise, and over the last year it has increased by 5.61%. Track live rate changes on the EURJPY chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
EURJPY is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade EURJPY right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with EURJPY technical analysis. The technical rating for the pair is neutral today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the EURJPY shows the buy signal, and 1 month rating is buy. See more of EURJPY technicals for a more comprehensive analysis.