EUR/JPY: uncertainties around the euro

EUR/JPY: uncertainties around the euro

2019-11-11 • Updated


SELL 129.2 SL 129.75 TP1 128.2 TP2 127.2 TP3 125.6

BUY 130 SL 129.45 TP1 131 TP2 132.15 TP3 135.9

On the daily chart of EUR/JPY, bulls and bears are fighting for the upper boundary of the downward channel.  If the bears are stronger, the pair will move to the 88.6% target of the “Shark” pattern.  Vice versa, if bulls succeed, the pair will reach targets of the “Bat” pattern.  


On H1, the further direction of the pair will depend on the retest of the resistance at 129.2. In case of the rebound, the pair will keep sharply declining to the 88.6% target of the “Shark” pattern. A break of the resistance will increase odds of the “Shakeout-Fakeout” pattern.



What to trade on April 11-15
What to trade on April 11-15

Last week, EURUSD broke below a significant support level, the gas price retested its October high, and the oil prices managed to correct lower on the bearish signs of more oil supplies coming into the market.

Global Reversal in USDJPY
Global Reversal in USDJPY

What happened? Historically investors treated the Japanese Yen as a safe haven in times of world crisis…

Latest news

Walmart earnings outlook
Walmart earnings outlook

Walmart is one of the biggest retail corporations in the US, with $244 billion in total assets. Does it worth buying amid rising prices and supply concerns that shatter the world economy?

Deposit with your local payment systems

Be on top of your game

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera