EUR JPY Entry
head and shoulders
fib 78.6
right shoulder rejection
3pin
EUR/JPY strengthens as the JPY weakens amid shifting safe-haven flows and an improvement in global risk sentiment.
Japan’s top companies are poised to implement substantial wage hikes for the third straight year to help workers cope with inflation.
The Euro gains as the Franziska Brantner-led German Green Party may back the approval of a defense spending deal.
EUR/JPY continues its upward momentum for the second consecutive day, trading around 161.60 during Wednesday’s Asian session. The pair strengthens as the Japanese Yen (JPY) weakens amid concerns that US President Donald Trump may introduce new tariffs on Japan.
head and shoulders
fib 78.6
right shoulder rejection
3pin
EUR/JPY strengthens as the JPY weakens amid shifting safe-haven flows and an improvement in global risk sentiment.
Japan’s top companies are poised to implement substantial wage hikes for the third straight year to help workers cope with inflation.
The Euro gains as the Franziska Brantner-led German Green Party may back the approval of a defense spending deal.
EUR/JPY continues its upward momentum for the second consecutive day, trading around 161.60 during Wednesday’s Asian session. The pair strengthens as the Japanese Yen (JPY) weakens amid concerns that US President Donald Trump may introduce new tariffs on Japan.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.