EURJPY Trading Guide 2026 — Spreads, Sessions & Strategy

Euro / Japanese Yen. The risk-on/off barometer of the FX market. Typical spreads 0.1–1.3 pips raw, ~126 pips daily range. Data as of 22 August 2026 — verify current spreads in your platform.

EURJPY at a Glance

Category
Cross
Contract Size (1 lot)
100,000 EUR
Pip Size
0.01
Pip Value (1 lot)
1,000 JPY
Typical Raw Spread
0.1–1.3 pips
Typical Standard Spread
1.3–2.2 pips
Swap Long / Short
≈ −$2.6 / ≈ −$7.0
Avg Daily Range
~126 pips
Trading Hours
24/5, Sunday 21:00 – Friday 22:00 GMT
Aliases
EUR/JPY, Yuppy

What Moves EURJPY

Eurozone–Japan rate gap, risk appetite, US yields.

EURJPY Correlations

Classic risk-sentiment barometer — tracks equity markets; JPY haven flows.

Check live pair correlations with our Forex Correlation Matrix.

EURJPY Trading Strategy Notes

A leading risk gauge: trends align with global equities; strong directional runs make it a favorite for trend-following EAs.

Risk Notes

High volatility + JPY intervention spikes; keep stops wide relative to other EUR pairs.

Best Sessions for EURJPY

Tokyo + London; most active EUR pair in Asia

Full session breakdown: EURJPY session times & hours.

More EURJPY Resources

EURJPY Guide Pip Value Swap Rates Session Times USDJPY GuideGBPJPY GuideEURGBP GuideEURCHFEURAUDEURCADEURNZDGBPCHF

Free Trading Tools

Lot Size Calculator Risk of Ruin Correlation Matrix Session Clock Currency Strength Historical Data

Need a custom EURJPY EA?

We build MT4/MT5 Expert Advisors and indicators for EURJPY — with prop-firm-safe risk settings, licensing and full source code. Fixed-price quotes, $150–$2,500.

Get a Free Quote MT5 EA Development

Frequently Asked Questions

What is EURJPY?

EURJPY is the Euro / Japanese Yen pair. The risk-on/off barometer of the FX market.

What moves EURJPY the most?

Eurozone–Japan rate gap, risk appetite, US yields.

When is the best time to trade EURJPY?

Tokyo + London; most active EUR pair in Asia.

What is the spread on EURJPY?

Representative spreads as of 22 August 2026: 0.1–1.3 pips on raw/ECN accounts and 1.3–2.2 pips on standard accounts. Spreads widen around news and at rollover (21:00–22:00 GMT).

Can I run an Expert Advisor on EURJPY?

Yes. EURJPY is fully automatable in MT4/MT5. Our team builds custom EURJPY EAs — contact us with your strategy for a free quote.

Data compiled 22 August 2026 from IC Markets product specification sheets, Myfxbook live spread/swap/volatility feeds and public education sources (FOREX.com Academy, BabyPips, FXStreet). Spreads, swaps and daily ranges change continuously — values above are representative, not quotes, and vary by broker. Verify everything in your platform's contract specification window. Educational content only — not financial advice. See our Terms.

🚀 Invite friends — Earn $5 You both get $5 credit on Go Ad · opencode.ai AI-Powered Coding Agent — Try Free Build apps, fix bugs & ship faster with opencode. Get $5 free credit when you join. × Ad · quo.com QuoPhone — $20 Visa Gift Card Free Sign up to Quo, subscribe 3 months, get a $20 Visa gift card. Atif's referral gift for you. ×