Trading Class

Markets › EUR/JPY › Doji

Forex · candlestick pattern

Doji on EUR/JPY

On EUR/JPY the doji showed up 398 times. Within 12 candles price broke up 56% of the time, broke down 40% and stayed inside 4%.

Counted on EUR/JPY: daily candles from January 2015 and hourly candles from October 2024.

By timeframe

TimeframeFoundBroke upBroke downStayed inside
Daily4663%35%2%
Hourly35255%41%4%

EUR/JPY against the rest

ChartsFoundBroke upBroke downStayed inside
EUR/JPY39856%40%4%
All Forex charts4,18550%47%3%
Every market69,19749%49%3%

Year by year

YearFoundBroke upBroke down
2016425%75%
20171060%40%
2018650%33%
2019888%12%
2020560%40%
2022683%17%
20243060%40%
202517455%43%
202615354%39%

The last 8 times

Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.

What the doji is

Open and close are almost equal. Buyers and sellers are in a tie.

Picture a tug of war where both teams pull hard, but when the whistle blows the flag is right back in the middle. A doji candle is that tie: price moved up and down, but it closed almost exactly where it opened. Nobody won this round.

The full doji lesson, video and quiz ›

Other patterns on EUR/JPY

Inside bar · Stochastic bearish cross · Spinning top · Stochastic bullish cross · MACD bearish cross · EMA 9/21 bullish cross · MACD bullish cross · EMA 9/21 bearish cross · RSI overbought drop · RSI oversold bounce · all of them

The doji elsewhere

GBP/USD · EUR/USD · USD/CHF · GBP/JPY · USD/JPY · NZD/USD · EUR/GBP · AUD/USD · USD/CAD · GBP/INR · Sensex · Nifty 50 · Dow Jones · S&P 500 · Nikkei 225 · Sony · Gold · Silver

Questions

How often does the doji work on EUR/JPY?

In 398 cases on EUR/JPY, price broke up 56% of the time, broke down 40% and stayed inside 4% within 12 candles.

What is the doji?

Open and close are almost equal. Buyers and sellers are in a tie.