Chart of the day - EURJPY (24.11.2022)

Open account Download free app

FOMC minutes released yesterday in the evening were seen as dovish as they included mention that a number of Fed members saw it as appropriate to slow the pace of tightening in the near future. This has sent the US dollar lower and allowed USDJPY to make another break below 140.00. The pair slid further below 139.00 today as USD is worst performing G10 currency and JPY is the best performing. However, attention today may be on EURJPY as high JPY volatility persists and ECB being set to release minutes from the latest meeting at 12:30 pm GMT today.

The pair also looks interesting from a technical point of view. Taking a look at EURJPY chart at H1 interval, we can see that the pair has recently broken below the lower limit of a rising wedge pattern. Textbook range of the downside breakout is around 250 pips, putting potential target for the bear at around 142.60 mark. However, in order to reach this area, bears would first need to overcome the lower limit of the Overbalance structure at 144.15 mark. Should this happen, we would see a theoretical short-term bearish trend reversal and a definite end to a recent upward correction.

Source: xStation5

31 March 2026, 12:30 PM

Market wrap: Cautious optimism in Europe, inflation higher but below expectations

30 March 2026, 6:51 PM

Daily Summary: Trump, Inflation, Threats, and Persian Gulf Tensions Cast a Shadow Over Wall Street

30 March 2026, 5:47 PM

Powell Signals Fed Patience, but Inflation Risks Are Rising!

30 March 2026, 3:58 PM

Powell Speaking: Markets Watch Fed Policy

Forex

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days