Check out the legend below to learn how to read the chart. Check out the Fundamental Comparison Chart video for more.
EUR/JPY Trade Balance Spread (Blue Line)
- Moving Higher = Bullish Pressure on EUR/JPY
When the EUR/JPY Trade Balance Spread is moving higher, it shows that the difference between the Trade Balance in the Eurozone and the Trade Balance in Japan is moving in favor of the Eurozone.
- Moving Lower = Bearish Pressure on EUR/JPY
When the EUR/JPY Trade Balance Spread is moving lower, it shows that the difference between the Trade Balance in the Eurozone and the Trade Balance in Japan is moving in favor of Japan.
- Moving Sideways = Neutral Pressure on EUR/JPY
When the EUR/JPY Trade Balance Spread is moving sideways, it shows that the difference between the Trade Balance in the Eurozone and the Trade Balance in Japan is neutral.
EUR Trade Balance (Red Line)
- Moving Higher = The Trade Balance in the Eurozone is increasing
- Moving Lower = The Trade Balance in the Eurozone is decreasing
JPY Trade Balance (Orange Line)
- Moving Higher = The Trade Balance in Japan is increasing
- Moving Lower = The Trade Balance in Japan is decreasing
