Trading Signals for EUR/JPY buy above 163.38 or sell blow 163.38Early in the American session, the EUR/JPY pair is trading around 163.200, below the downtrend channel formed on may 13 and showing signs of exhaustion.
The euro could resume its bearish cycle in the coming hours. However, there is strong resistance around 163.836 and around 164.259. Both levels co
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.
EURJPY → False breakout of resistance. Reversal?FX:EURJPY is testing the resistance of the trading range as part of a distribution movement, but the situation ends with a false breakout and price consolidation within the flat.
Against the backdrop of the falling dollar, the Japanese yen is strengthening and thus exerting a corresponding inf
EURJPY: Top-Down Analysis & Trading PlanEURJPY has surpassed and closed above a significant daily resistance level, which has now become support.
We are observing a retest of this broken structure.
To enter a long position, look for confirmation through a breakout of the horizontal range on the hourly chart.
A close of an hourly cand
EURJPY Range Breakdown Alert | Watch 146.348 If Support Breaks!EURJPY is currently trading inside a well-defined sideways consolidation between 164.430 resistance and 155.073 support.
The pair is struggling to break above the resistance zone, and repeated rejections are pointing to a potential bearish move ahead.
📉 If we see a clean breakdown below 155.073 wi
EURJPY: First red day, new monthly cycle!Hello everyone and welcome back to my channel! As always, my analysis are not a financial suggestion, neither a way to predict the market direction.
Predicting and guessing is quite 50/50, my job is hunting the best trade setup for the day, and my analysis are only a tool to identify a great risk re
EURJPY: Move Up Ahead! 🇪🇺🇯🇵
EURJPY is going to rise more after breaking
a resistance line of a tiny horizontal consolidation range
that was formed on a retest of a recently broken daily structure.
Goal - 164.8
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EURJPY Ascending channel and bullish fvg 🚨 EURJPY Trade Setup 🚨
4H Timeframe Analysis by Livia 😜
💹 Pair: EURJPY
📈 Structure: Ascending Channel respected ✅
📊 Breakout: Confirmed above Bullish FVG – retest successful 🔥
📍 Entry Zone: 163.200 (Minor Support Holding)
🚀 Bias: Strong Bullish Momentum in play
🎯 Technical Target:
1️⃣ 165.000 – Ne
EURJOY Can continue to fall and Excite trigger moving EUR/JPY testing a key resistance level within a trading range. However, the recent attempt to break above this level resulted in a false breakout, followed by price consolidation within a flat structure.
Amid a weakening U.S. dollar and a strengthening Japanese yen, the pair is experiencing cross-c
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Displays a symbol's price movements over previous years to identify recurring trends.
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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.