EURJPY: Double-Bottom Support at 176.22: Recovery Toward 178.95?EURJPY: Double-Bottom Support at 176.22: Recovery Toward 178.95?
EURJPY is showing signs of a potential bullish reversal after repeatedly testing the 176.20–176.50 support zone. Buyers have defended this area twice, creating a possible double-bottom structure after the pair's extended decline.
Pr
Euro / Japanese Yen
No trades
No trades
Compare with EUR to JPY
Pair info
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.
E U R J P Y : (€176 980 Buy Stop)EURJPY — Bullish Reversal Setup and Market Structure Analysis
EURJPY has developed an important market structure that suggests the possibility of a bullish reversal following an extended bearish movement. The price action illustrated on the chart shows a sequence of key swing points, with price decl
EURJPY: Buyers Defend 176.22 as Upside Targets Come Into FocusEURJPY: Buyers Defend 176.22 as Upside Targets Come Into Focus
Currently, EURJPY has hit a low of 176.22. The higher inflation in the eurozone reported this month is increasing expectations that the European Central Bank may raise interest rates at its October meeting.
On the other hand, the Euro
EURJPY Will Fall! Short!
Please, check our technical outlook for EURJPY.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 177.527.
Taking into consideration the structure & trend analysis, I believe that the market wi
EURJPY is currently showing a strong bearish structure EURJPY — SELL SETUP | TECHNICAL MARKET ANALYSIS
EURJPY — 30M Timeframe
EURJPY is currently showing a strong bearish structure inside a well-defined descending channel. Price has recently faced rejection from the upper resistance area and is now trading below the 177.300 resistance zone, keeping th
EUR/JPY BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
EUR/JPY pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 4H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 177.402 because the pair is overbought d
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
Oscillators
Neutral
Summary
Neutral
Summary
Neutral
Summary
Neutral
Moving Averages
Neutral
Moving Averages
Neutral
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The current rate of EURJPY is 177.396 JPY — it has decreased by −0.02% 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 0.24%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The EURJPY showed a −0.14% fall over the past week, the month change is a −1.24% fall, and over the last year it has increased by 0.80%. 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 sell 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 sell signal, and 1 month rating is buy. See more of EURJPY technicals for a more comprehensive analysis.









