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

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.

Follow us on Facebook

Beginner Forex book

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

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.

FBS Mobile Personal Area

FREE - In Google Play

EUR/JPY: do you see the pattern?

EUR/JPY: do you see the pattern?

Information is not investment advice

EUR/JPY seems so be forming a bearish harmonic pattern – something between Crab and Butterfly. There’s still scope for upside towards the 118.70/119.85 area, where a reversal to the downside should take place. Notice, however, that it often happens that the harmonic patterns don’t reach the exact targets. On the H4, the pair’s consolidating within a kind of triangle. The break will lead it either to 117.00 or to the levels mentioned above.

Trade ideas for EUR/JPY

BUY 118.25; TP1 118.70; TP2 119.25; SL 118.10

SELL 117.40; TP 117.00; SL 117.55




EUR/JPY: on the way up

EUR/JPY is likely to move further within an uptrend. Look for the break out above 121.55!


Choose your payment system

Learn more