EUR / JPY updates its highest level in a week during the four-day uptrend. The bullish MACD favors further rallies towards the key short-term resistance line. EUR / JPY takes bids to update its one-week high around 129.52, gaining 0.13% in the European session on Thursday. The currency pair is up for the second day […]
Tag: EURJPY
Positive signs for the euro, 100-day SMA awaits at 129.80
-637757829096538652.png "Positive signs for the euro, 100-day SMA awaits at 129.80")
EUR / JPY tries to break range, potential double bottom. It needs to turn back below 128.50 to remove the bullish bias. Key resistance awaits at 129.80 and then 130.10. EUR / JPY is up for the third day in a row on Wednesday and is trying to break out of a lateral range that […]
EUR / JPY extends pullback approaching 128.00
Combination of decline in equity markets and decline in yields favors the yen. EUR / JPY unchanged for the week, after reversing near 129.70. The EUR / JPY extended the pullback on Friday and fell to 128.05, thus erasing all gains for the week. Since Thursday’s request, the highest in nearly four weeks, he lost […]
EUR / JPY retraces from four-week highs and turns negative below 129.00
The rise of the euro fades after the impulse of the ECB. The yen soars amid a pullback in US yields. The EUR / JPY has peaked during the American session at 129.63, the highest level since November 19, after the European Central Bank meeting. During the last hour, the pair has turned sharply and […]
EUR / JPY consolidates above 128.00
In a moderate start to the week, the EUR / JPY consolidated within narrow ranges just north of 128.00. The lack of conviction is not too surprising given the looming ECB and BoJ rate decision on Thursday and Friday. Before these events, the pair could also be volatile in the face of any further change […]
EUR / JPY falls back on Monday, finding support at 128.00
EUR / JPY unchanged on Monday, remains sideways, away from the recent low. Central banks week threatens the continuation of lateral movements at the crossroads. The EUR / JPY is falling modestly on Monday. The pullback found support above 1280.00 and remains at the 128.10 / 20 area. The crossing continues with lateral tours, facing […]
EUR / JPY tries to break range to the upside above 128.50
EUR / JPY is moving bullish on Wednesday, still with resistance to overcome. EUR / USD advance and rise in Treasury yields push the crossover. The EUR / JPY rose on Wednesday before the American session to 128.62, reaching the highest level in a week. The cross remains in the highs zone with the bullish […]
Euro remains weak after failing to sustain above 128.00
-637744883429120800.png "Euro remains weak after failing to sustain above 128.00")
EUR / JPY continues to move in ranges, with a bearish bias. The dominant trend points to the downside, further losses below 127.50. Gains below 129.00 should be considered corrective. The EUR/JPY it is falling in the closing hours of Tuesday’s session after peaking. You have now trimmed all of Monday’s earnings. The euro peaked […]
EUR / JPY rallies on Monday, but capped at 128.00 by a medium-term downtrend
EUR / JPY rallied 0.4% on Monday, but was capped at 128.00 due to a key downtrend. The pair was supported by a rebound in risk appetite overall due to more positive news on Omicron. But technicians point out that the EUR / JPY has formed a descending triangle in recent sessions, which could indicate […]
A break below 127.50 would trigger further losses
EUR / JPY remains in range, with key levels at 127.50 and 128.00. The dominant trend points to the downside, but some positive signs are emerging for the euro. Gains below 129.00 should be considered corrective. EUR / JPY is rising on Monday, trading in a familiar range. The main trend is downward. In the […]
