Forex 4.00
Posted November 12, 2026

EUR/JPY

Sell
SELL
Entry Price
177.4500

Signal Details

Direction
Sell
Entry Price
177.4500
Risk: Reward
1:2.88

Trade Levels

Stop Loss
177.8500
Take Profit 1
176.8200
Take Profit 2
176.3000

Technical Chart

Market Analysis

EUR/JPY has developed a sequence of lower highs since November 10, while repeated tests of the 176.80 JPY support area suggest growing downside pressure. A corrective recovery towards 177.40–177.55 JPY could provide another opportunity for sellers.

Key Indicators

  • The 50-period EMA serves as a short-term trend filter, while RSI (14) measures momentum. A bearish rejection near resistance, with price failing to reclaim the EMA and RSI weakening below 50, would strengthen the downside scenario.

Market Outlook

A confirmed short entry around 177.45 JPY could target 176.82 and subsequently 176.30 JPY. The protective Stop Loss is positioned at 177.85 JPY. Renewed warnings about potential Japanese currency intervention add uncertainty to the outlook.

Risk Alert

The proposed short position requires bearish confirmation near resistance. A move above 177.85 JPY would invalidate the setup. Potential Japanese currency intervention, monetary policy developments and unexpected economic announcements may trigger sharp price fluctuations.