Combination of factors pushes EUR / JPY lower, which has its worst day in weeks. Next support looms at the 130.00 area. The EUR / JPY is losing almost a hundred pips on Monday, after accelerating the decline in recent hours. The cross had reached in the Asian session up to 131.35 and recently reached […]
Tag: EURJPY
EUR / JPY rises to multi-week highs above 131.00 as Eurozone / Japan rate spreads widen
EUR / JPY rallied above 131.00 on Tuesday as Eurozone / Japan rate spreads widened amid optimism from Omicron. If risky conditions in the market continue, momentum towards the fourth quarter 2021 highs at 133.50 is likely to continue. Amid the widespread weakness of the yen following a recent widening of the G10 / Japan […]
EUR / JPY offered, fails once again around 131.00
EUR / JPY hit a tough nut to crack at the 131.00 level. Rising US yields maintain the sell bias of the Japanese yen. The stronger dollar puts pressure on the space associated with risk. After another unsuccessful attempt to break above the 131.00 level, the EUR/JPY it came under pressure and fell back to […]
Immediately to the upside appears 131.15
EUR / JPY corrects lower from Friday’s high of around 131.00. There is a temporary hurdle at the 131.15 Fibonacci level. EUR / JPY partially weakens after Friday’s strong advance after faltering once again around the 131.00 zone on Monday. The recent breakout of the critical 200-day SMA (130.50) should underpin additional gains at the […]
Euro Strengthens, Next Resistance is 130.50 / 60
-637763877515541927.png "Euro Strengthens, Next Resistance is 130.50 / 60")
EUR / JPY breaking range, target at 130.50 / 60. The euro is trading above the key moving averages, strong bullish tone. The EUR/JPY it is rising again after a brief pause and retracement on Tuesday. Recently, the cross reached new monthly highs at 130.37 and remains with a solid bullish bias, returning above the […]
EUR / JPY pulls back further after being rejected from above 130.00
EUR / JPY hit a month-long high at 130.22 before turning lower. The euro remains under pressure in US hours, as the EUR / USD falls below 1.1300. The EUR/JPY It failed to stay above 130.00 and is falling on Tuesday, weakened by a EUR / USD slide that is trading below 1.1300. The euro […]
EUR / JPY breaks above 130.00 and hits new monthly highs
The euro is up against the yen for the fifth time in the past six business days. EUR / JPY breaks above 130.00 and rises above the 100-day SMA. The EUR/JPY it is rising sharply on Monday supported by improving risk sentiment and stability in US yields. The cross reached levels above 130.00 for the […]
EUR / JPY hits new highs in a month, approaching 130.00
Euro resumes bullish path against the yen on Monday. USD / JPY advance propels the cross, which looks closely at 130.00. The EUR / JPY made new one-month highs at 129.82 and then had a small correction. After the start of the American session, the cross is close to the highs again, looking towards 130.00. […]
EUR / JPY returns to 129.50 after hitting a month high
EUR / JPY retains a bullish bias in the short term, faces resistance ahead. Low volatility week end and markets closed. The EUR / JPY is declining modestly on Friday, having hit a month-long high at 129.75. The euro failed to hold and is trading just below 129.50 heading into the US session on Friday. […]
Euro remains strong, looking at 129.50 and above
-637758695257094558.png "Euro remains strong, looking at 129.50 and above")
The EUR / JPY breaks the range, it seems to test 129.50 and 129.70 / 80. A pullback below 129.00 should ease the bullish pressure. The EUR/JPY it is rising for the fourth day in a row on Thursday and is testing the 129.50 zone. Technical indicators still point to the upside, favoring more gains […]
