EURJPY Trading Opportunity! BUY!
My dear friends,
Please, find my technical outlook for EURJPY below:
The price is coiling around a solid key level - 183.32
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goa
Japanese Yen/Euro
No trades
Related currencies
EUR/JPY Pulls Back From Record HighEUR/JPY Pulls Back From Record High
As the chart shows, the exchange rate rose above ¥185.00 per euro for the first time ever earlier this week. Today, however, a modest pullback is visible, with the Japanese yen strengthening against the euro.
Fundamentally, this move has been supported by a com
EURJPY – At 23-Year Highs | Rejection or Continuation? (VMS WatcEURJPY is trading at 23-year highs and is currently testing the area near the previous swing high. At this point, the market is at a decision level.
Two possible outcomes from here:
Scenario 1 – Rejection / Double-Top Setup
Price shows clear rejection at the prior swing high
Momentum, currently
EURJPY Will Fall! Short!
Take a look at our analysis for EURJPY.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 183.710.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish
See all ideas
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
The current rate of JPYEUR is 0.0053765 EUR — it has increased by 0.02% 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 0.65%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The JPYEUR showed a −0.25% fall over the past week, the month change is a −0.14% fall, and over the last year it has decreased by −12.83%. 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 — choose the one that suits your needs and go ahead. You can trade JPYEUR 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 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.









