Skip to Content
News & Analysis at your fingertips.
Free Trading Guides
Subscribe
Please try again
Select

Live Webinar Events

0

Economic Calendar Events

0

Notify me about

Live Webinar Events
Economic Calendar Events

H

High

M

Medium

L

Low
More View More

Euro - Yen Chart

EUR/JPY
Bearish
Clock icon 2d
Last updated: Jun 14, 2024
Low
High
of clients are net long. of clients are net short.
Average True Range
Total Intraday Range (% of ATR)
Note: Low and High figures are for the trading day.

EUR/JPY - This is the forex quote for the Euro vs. Japanese Yen exchange rate. EUR (the 'base currency') is quoted in terms of JPY (the 'counter currency'). The Yen is a historically low-yielding currency, making an attractive vehicle to fund carry trades (where traders borrow cheaply in JPY to buy higher-yielding currencies, including EUR. Investors tend to favor carry trades at times of optimism about global economic performance and stability; they shun them at times of market stress. This makes EUR/JPY sensitive to swings in broad-based market sentiment trends. The pair may likewise find volatility in news-flow related to the Eurozone debt crisis as well the extraordinary anti-deflation policy efforts from the Bank of Japan introduced in 2013.

Support & Resistance

Pivot Points

S3 168.127
S2 168.195
S1 168.231
R1 168.299
R2 168.331
R3 168.399
P 168.263
Daily Classical Pivot Points. Last Updated: Jun 14, 2024
Advertisement

Real Time News

DailyFXTeam Jun 13, 2024
IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 80.28%, while traders in EUR/JPY are at opposite extremes with 78.07%. See the summary chart below and full details and charts on DailyFX: https://t.co/QeYdESR2tp https://t.co/yCjgiIUU1N
2024-06-13 16:45:01
DailyFXTeam Jun 13, 2024
IG Client Sentiment Update: Our data shows the vast majority of traders in EUR/GBP are long at 79.07%, while traders in EUR/JPY are at opposite extremes with 79.37%. See the summary chart below and full details and charts on DailyFX: https://t.co/QeYdESR2tp https://t.co/qfDwo1EOOg
2024-06-13 12:30:01
DailyFXTeam Jun 13, 2024
IG Client Sentiment Update: Our data shows the vast majority of traders in EUR/GBP are long at 79.49%, while traders in EUR/JPY are at opposite extremes with 78.98%. See the summary chart below and full details and charts on DailyFX: https://t.co/QeYdESR2tp https://t.co/OBjhbYZSVh
2024-06-13 10:45:01

IG Client Sentiment

Sentiment chart

This article examines retail crowd sentiment on the Japanese yen via an analysis of USD/JPY, EUR/JPY, and GBP/JPY. In the piece, we also consider possible near-term directional outcomes based on market positioning and contrarian signals.

Related News & Analysis

pages/technicalSentiment.related-events

Advertisement

Economic Calendar

08:00:00
L
ECB Lane Speech ()
A:
F:
P: R:
08:00:00
M
Inflation Rate YoY Final (May)
A:
F: 0.8%
P: R: 0.8%
08:00:00
L
Harmonised Inflation Rate MoM Final (May)
A:
F: 0.2%
P: R: 0.5%
08:00:00
L
Harmonised Inflation Rate YoY Final (May)
A:
F: 0.8%
P: R: 0.9%
08:00:00
L
Inflation Rate MoM Final (May)
A:
F: 0.2%
P: R: 0.1%
08:00:00
M
Balance of Trade (Apr)
A:
F:
P: R: €-2B
Advertisement