0.01 (second decimal place — yen-pair convention).
1,000 yen per pip on a standard lot (roughly $6–7 at typical rates, floating). Broker specification is authoritative.
Roughly Sunday 22:00 UTC to Friday 21:00 UTC (24/5), per your broker's calendar.
Active across Tokyo and London; the Tokyo–London handoff (07:00–09:00 UTC) often sets the day's direction.
EURJPY is the most traded cross (a pair without the US dollar) and doubles as a classic risk-sentiment gauge: it combines a pro-cyclical currency with the market's traditional funding safe haven. Calm, optimistic markets tend to push it up; stress pushes it down — often faster.
Mechanically it is the sum of EURUSD and USDJPY, which means two economies' data calendars move it and its daily range runs wider than either component.
How EURJPY behaves
- Moves on both ECB/eurozone and BoJ/Japan news — double the event calendar of a major.
- Downside moves in risk-off episodes are characteristically faster and larger than upside grinds.
- Sees genuine action in both Asian and European sessions.
Risk notes for EURJPY
- Wider typical ranges than majors demand wider stops and proportionally smaller positions for the same account risk.
- Holding EURJPY alongside USDJPY or EURUSD overlaps exposure through the shared legs.
- Yen-pair pip math applies — sizing formulas built for four-decimal pairs are wrong here.
Whatever the instrument, the sizing method is the same: place the stop where the trade idea is invalid, then size the position so that stop costs a fixed fraction of the account. Our position size calculator does that math, and the stop-loss and risk–reward guide explains why the order of operations matters.
EURJPY — frequently asked questions
Why is EURJPY called a risk barometer?
The yen strengthens in market stress while the euro weakens with risk appetite, so EURJPY compresses both reactions into one price. Sharp EURJPY falls frequently coincide with equity sell-offs.
How much is a EURJPY pip worth?
1,000 yen per standard lot — the yen-pair convention. In dollar terms roughly $6–7 at typical rates, floating with USDJPY.
Is EURJPY more volatile than EURUSD?
Yes, consistently — it inherits movement from both EURUSD and USDJPY. Stops and position sizes should be set from its own typical range, not copied from a EURUSD setup.
Reference information, not financial advice. Contract sizes, pip values, hours, and spreads vary by broker — your broker's specification is authoritative, and RezSync Algo always reads these values live from the broker rather than assuming them. Trading involves substantial risk of loss; forward-test on a demo account before any live decision.
Trade EURJPY with the math enforced
RezSync Algo reads EURJPY's real contract data from your cTrader broker, sizes positions stop-first, and runs AI trade review inside hard risk guardrails — demo-first, live strictly opt-in.