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Free Trading Guides
EUR/USD
Mixed
GBP/USD
Bullish
USD/JPY
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Gold
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Oil - US Crude
Mixed
Bitcoin
Bearish
More View more
Real Time News
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EUR/JPY
Bearish
Low
High
of clients are net long. of clients are net short.
Note: Low and High figures are for the trading day.

Euro - Yen Chart

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

S1 119.75
S2 119.25
S3 119
R1 121
R2 121.4
R3 122.25
Strong
Moderate
Weak
Up
Neutral
Down

Pivot Points

P 120.74
S3 120.09
S2 120.41
S1 120.59
R1 120.91
R2 121.06
R3 121.39
Daily Classical Pivot Points. Last Updated: Dec 7, 2019

IG Client Sentiment

EUR/JPY Bearish
Net Long
Net Short
Sentiment chart

Yet traders are less net-short than yesterday and compared with last week. Recent changes in sentiment warn that the current EUR/JPY price trend may soon reverse lower despite the fact traders rema...

Daily change in
Longs -2%
Shorts -14%
OI -8%
Weekly change in
Longs -12%
Shorts -20%
OI -16%

Economic Calendar

23:50:00
L
JPY Adjusted Current Account Total (Yen) (OCT)
A: F: ¥1731.1b P: ¥1485.2b
23:50:00
L
JPY BoP Current Account Balance (OCT)
A: F: ¥1806.8b P: ¥1612.9b
23:50:00
L
JPY GDP Business Spending (QoQ) (3Q F)
A: F: 1.4% P: 0.9%
23:50:00
L
JPY Gross Domestic Product Private Consumption (QoQ) (3Q F)
A: F: 0.4% P: 0.4%
23:50:00
L
JPY Gross Domestic Product Deflator (YoY) (3Q F)
A: F: 0.6% P: 0.6%
23:50:00
L
JPY Nominal Gross Domestic Product (QoQ) (3Q F)
A: F: 0.4% P: 0.3%
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