E U R J P Y : (โฌ187 000 Price Drop)Eurjpy has been one of the stronger yen crosses recently. Today the pair is trading around the (โฌ187 000) area after breaking above a key (Resistance Zone) near (โฌ186 500โโฌ186 605) earlier this week, Major resistance / all-time high area (โฌ187 950)
Eurjpy declined today as traders took profits near
Euro / Japanese Yen
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Compare with EUR to JPY
๏ปฟDetails
๏ปฟThe 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 Japanโs anti-deflation policy efforts introduced in 2013.
EURJPY - Long squeeze on support amid a bullish trend FX:EURJPY has fallen sharply following the Bank of Japan's intervention, triggering a long squeeze below key support. A recovery back into the trading range could provide the foundation for a bullish rebound
The market is currently stabilizing after the sharp decline, with price testing what was p
Bullish continuation setup?EUR/JPY is falling toward the pivot, which is a pullback support that aligns with the 61.8% Fibonacci retracement and could bounce towards the 1st resistance.
Pvivot: 186.64
1st Support: 186.15
1st Resistance: 187.41
Disclaimer:
The opinions given above constitute general market commentary and d
EURJPY Breaks Rising Channel Support EURJPY Breaks Rising Channel Support
EUR/JPY is trading in a very risky area after losing support from the rising channel that guided the bullish move over the past two weeks.
The pair attempted several times to hold above the lower trendline, but sellers have started to gain control.
If this
EURJPY | Liquidity Sweep Signals Potential Bearish ReversalEURJPY is currently approaching a significant technical inflection point after sweeping buy-side liquidity above the June high and retesting a historical resistance zone that has remained influential since January. Price is also developing a potential Head and Shoulders reversal pattern beneath this
EURJPY - High-Confluence Resistance AheadEURJPY is approaching a high-confluence resistance area, where multiple technical factors are aligning to create a potential overbought zone. ๐
Price is now testing the intersection of:
The red supply zone.
The upper blue trendline, acting as dynamic resistance.
๐ As long as this confluence conti
EUR/JPY Bearish Breakdown Ahead
๐ EUR/JPY BEARISH BREAKDOWN
Resistance Rejection โ Target 185.75
Description:
EUR/JPY is currently trading beneath a strong descending trendline while repeatedly facing rejection from a key resistance/supply zone around 186.25โ186.35. This price action suggests that buyers are losing momentum an
#EURJPY , GONNA BE RISKY โโโโโโโโโโโโโโโโโโโโโ
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LONDON OPEN RADAR
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๐ฏ Pair: #EURJPY
โ ๏ธ Risk: SUPER HIGH
๐ง Read on Price:
Risky structure due to the news on JPY and the earthquake in Japan.
But if we have a better structure, we can treat it as a QuickScalp.
Won't go in on it if it turns too risky!
๐ฏWh
See all ideasย
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
๏ปฟThe 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 โ choose the one that suits your needs and go ahead. You can trade EURJPY right from TradingView charts โ 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.









