Download TopstepFX’s Free Guide

Get an in-depth view of what is driving forex markets right now.

Euro / Japanese Yen

One of the more popular currency pairs for its volatility, EUR/JPY has the potential for large intraday swings that can approach 200 pips. That volatility is a blessing and a curse as traders not only need to monitor important levels in EUR/JPY, but also EUR/USD and USD/JPY to avoid entering a position ahead of major support or resistance.

Watch our video primer for what you need to know to successfully get started trading EUR/JPY.

Real-Time Trading Snapshot

EUR/JPY has come well off its highs this year. Even as USD/JPY has strengthened since March’s volatility-inspired low, EUR/JPY has traded sideways. Traders would likely expect the pair to move back higher, however prices remained dampened by Euro selling. Perhaps that’s because the U.S. Dollar is dictating much of the moves in currencies in 2018.

News and Analysis of Forex Markets

Learn to engage in and profit from financial markets

Trade Forex With Our Capital