EUR/JPY โ Rectangle Pattern Breakdown SetupEUR/JPY has been consolidating within a clear rectangle pattern after a strong uptrend. The market is currently testing the support zone around 171.00.
Previous structure shows multiple BOS (Break of Structure) and ChoCH (Change of Character).
Price is ranging between resistance (173.00) and suppo
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๏ปฟBearish drop off pullback resistance?EUR/JPY has rejected off the pivot which has been identified as a pullback resistance and could drop to the major support.
Pivot: 171.99
1st Support: 169.91
1st Resistance: 172.85
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with mon
Battle Of Wicks Confirms Pennant On EJ, Which Leg Will Break?!Here on OANDA:EURJPY we can see Price has been volleyed back and forth between a Falling Resistance and Rising Support at similar degrees forming a Pennant Pattern!
Currently we can see the Consolidation is getting tight and likely to breakout soon, the question is which leg will break?!
Fundame
Bearish drop?EUR/JPY has rejected off the pivot which acts as a pullback resistance and could drop to the 1st support.
Pivot: 171.99
1st Support: 170.24
1st Reistance: 172.87
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford
EURJPY 4H Analysis: Supply Zone in Focus1. Market Structure
EURJPY is currently consolidating within a defined range, exhibiting sideways movement between a visible supply zone and demand zones. The structure suggests a potential for directional movement once one of these zones is decisively tested.
2. Key Zones
Supply Zone (Resistanc
EUR/JPY - Short Term Bearish before Bullish Impulse๐ถ EUR/JPY โ 8H Breakdown
๐ Bias
Short-term bearish โ setting up for a liquidity sweep before bullish continuation.
๐ Technical Breakdown
Liquidity Zones:
Buy Side Liquidity: 172.50 โ 173.00
Sell Side Liquidity: 171.00 โ 171.20
Market is currently hunting sell side liquidity before a possible b
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
๏ปฟThe current rate of JPYEUR is 0.0058015ย EUR โ it has decreased by โ0.34% in the past 24 hours. See more of JPYEUR rate dynamics on the detailed chart.
The value of the JPYEUR pair is quoted as 1 JPY per x EUR. For example, if the pair is trading at 1.50, it means it takes 1.5 EUR to buy 1 JPY.
The term volatility describes the risk related to the changes in an asset's value. JPYEUR has the volatility rating of 0.51%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The JPYEUR showed a โ0.10% fall over the past week, the month change is a โ0.19% fall, and over the last year it has decreased by โ6.83%. Track live rate changes on the JPYEUR 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.
JPYEUR 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 JPYEUR 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.
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 JPYEUR technical analysis. The technical rating for the pair is strong sell today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the JPYEUR shows the strong sell signal, and 1 month rating is sell. See more of JPYEUR technicals for a more comprehensive analysis.