EUR/JPY Channel Formation (6.08.2025) The EUR/JPY Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Channel Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Patt
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 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
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
Lingrid | EURJPY Trendline Breakout. Long From SupportThe price perfectly fulfilled my previous idea . FX:EURJPY is consolidating inside a tight range between 171.411 support and the downward trendline after rebounding from a higher low. Price is testing the upper boundary of this range, and a breakout could signal continuation toward the 172.800 re
EURJPY: Classic Bullish Pattern 🇪🇺🇯🇵
There is a high chance that EURJPY will continue growing.
A bullish breakout of a neckline of an inverted head & shoulders
pattern leaves clear bullish clues.
Next resistance - 171.9
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EUR/JPY Made Inverted H&S Pattern , Time To Buy And Get 150 PipsHere is my 2H Chart On EUR/JPY , The price created a very clear reversal pattern ( inverted head and shoulders pattern ) and the price closed above neckline so the pattern confirmed and we can buy it and targeting from 100: 200 pips , if we have a daily closure above 171.000 it will be a great conf
EUR/JPY Setup: Thief Trader's Stealth Bull Run to 173.000🔥💶 EUR/JPY Bullish Heist Plan 💶🔥
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🧩 Asset: EUR/JPY
📊 Strategy: Bullish Bias with St
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
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.
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.