EUR / JPY adds to recent gains and is above 129.00. Higher yields support the dollar and sink the Japanese yen. The EUR/JPY takes an additional pace and manages well to break above the key barrier at 129.00 on Tuesday. EUR / JPY targets the 200-day SMA EUR / JPY advanced for the second session […]
Tag: EURJPY
EUR / JPY remains offered but far from daily highs near 129.40
EUR / JPY climbs to a 2-day high near 129.40 on Monday. Risk appetite continues to weigh on the dollar. The EUR/JPY it leaves the initial pessimism behind and surpasses the key barrier of 129.00 at the beginning of the week. EUR / JPY strengthened by risk appetite EUR / JPY manages to advance past […]
EUR / JPY capped below 129.00 after rejection at 130.50 zone
The euro consolidates below 129.00 capped above 128.50. A stronger yen hampers the euro’s recovery. Rising inflation in the euro area adds negative pressure on the euro. The euro it has found support at 128.50 and has been trading sideways below 129.00 on Friday. The pair is consolidating after a two-day drop from a relevant […]
EUR / JPY tests the 129.00 zone and then pulls back
EUR / JPY retests the daily highs near the 129.00 stick. EMU flash CPI rose 3.4% year-on-year, core CPI gained 1.9% in September. The US PCE rose 4.3% year-on-year in August, the underlying PCE rose 3.6% year-on-year. The tone offered in the dollar allows the European currency and risk-linked assets to regain some traction and […]
EUR / JPY retraces from 130.50 extends below 129.00
EUR / JPY accelerates its downtrend to reach levels below 129.00. The euro suffers amid a more bitter market environment and weak macroeconomic data. The breach of the 129.50 / 60 support zone has increased the negative sentiment for the euro. The euro accelerated its reversal against the Japanese yen on Thursday. The pair has […]
EUR / JPY offered below the 130.00 level
EUR / JPY adds to Wednesday’s losses below 130.00. The German flash CPI stood at 0.0 month-on-month and 4.1% year-on-year. Final US Q2 GDP expanded 6.7% QoQ, beating estimates. The now best tone in the Japanese safe haven drags the EUR/JPY to Thursday’s 3-day lows at 129.50. EUR / JPY watch out for risk trends […]
EUR / JPY struggling to regain 130.00 after its reversal from 130.50
EUR / JPY is struggling to come back above 130.00 after pulling back from the 130.45 high. The euro does not take advantage of the weakness of the Japanese yen. The pair should break 130.45 to increase the bullish momentum. The reversal of EUR/JPY From the three-week highs at the 130.45 zone seen earlier on […]
AUD / USD declines to five-week lows, at risk of breaking below 0.7200 amid stronger USD
AUD / USD was down for the second day in a row amid widespread USD strength. The break below the horizontal support at 0.7220 has already set the stage for further weakness. Investors are now looking forward to US data / Powell’s statements for fresh trade momentum. The pair AUD/USD It fell to lows of […]
Initial resistance appeared near 130.50
EUR / JPY upside momentum stalled around 130.50. Immediately to the upside appears the area of ​​130.80. The EUR/JPY It falls back into negative territory after closing on Tuesday completing five consecutive daily sessions with gains. The cross encountered some selling pressure around 130.50 early in the session and triggered a corrective pullback shortly thereafter. […]
EUR / JPY remains positive, supported above 130.00
EUR / JPY reversal from three-week highs at 130.35 contained at 130.00. The euro appreciates for the fifth day in a row against a weaker yen. The yield differential between the United States and Japan is hurting the yen across the board. The reversal of EUR/JPY From the three-week highs at 130.35 seen early Tuesday […]
