EUR / JPY reverses the recent advance and falls below 130.00. The 128.50 region should withstand the initial test if the dip picks up the pace. After a failed attempt to break above the 130.30 area, the crossing EUR / JPY comes under selling pressure and slides below the 130.00 level on Tuesday. More range […]
Tag: EURJPY
EUR / JPY hits new 2-week highs near 130.30
EUR / JPY extends the daily rally above 130.00. The dollar remains on the defensive across the board. The tone offered around the dollar helps the EUR/JPY to regain strength above 130.00 on Monday. EUR / JPY rises on risk appetite EUR / JPY is advancing for the second session in a row and manages […]
The rise continues to be slowed by 130.20
EUR / JPY trades without clear direction around 130.00. The 130.20 region still limits bullish attempts. The EUR/JPY manages to regain the 130.00 zone after falling to the 129.70 / 65 band on Monday. The possibility of more range runs appears, at least in the very short term. With that said, the cross needs to […]
EUR / JPY remains close in the 130.00 zone before the ECB
EUR / JPY validates recent rebound from three-month lows. Eyes on the first ECB meeting with the new monetary policy strategy. Yen weakens on rising stocks and bond yields. The EUR / JPY is trading around the 130.00 zone on Thursday, without significant changes with respect to Wednesday’s closing, prior to the decision of the […]
EUR / JPY signs and reaches 130.00, 3-day highs
EUR / JPY adds to Tuesday’s gains around 130.00. US yields recover and keep JPY selling mood. The markets’ attention remains on Thursday’s ECB event. The selling pressure on the Japanese currency maintains the recovery of the EUR/JPY good and solid on Wednesday. EUR / JPY bounces away from 128.50 After a brief dip to […]
EUR / JPY extends recovery and approaches 130.00
EUR / JPY rises for the second day and reaches 129.70. On Thursday the Governing Board of the European Central Bank will meet. EUR / JPY is rising for the second day in a row on Wednesday and extends recovery after falling to 128.58 on Tuesday, the lowest level since late March. The quote climbed […]
EUR / JPY clings to daily gains around 129.00
EUR / JPY breaks below 129.00 to fresh 4-month lows. Risk-off sentiment deflates a bit on Tuesday. The EUR/JPY it bounces away from lows in the 128.90 / 85 area at the reversal on Tuesday. EUR / JPY remains capped at 129.50 The EUR / JPY weekly decline appears to have found decent containment at […]
EUR / JPY falls sharply to 4-month lows near 129.00
EUR / JPY is doing well defensively near 129.00. The strength of the dollar and the yen dragged the cross to multi-month lows. The next relevant support is at 128.30. Buying pressure in the Japanese safe haven coupled with strong dollar demand forces the EUR/JPY to fall further and record new 4-month lows near 129.00. […]
EUR / JPY looks firmer around 130.00
EUR / JPY reverses recent weakness and recovers 130.00. The yen remains on the defensive against the rise in US yields, BoJ. The selling pressure on the Japanese yen gives additional oxygen to the EUR/JPY and pushes it back to the 130.00 zone. EUR / JPY retoma 130.00 After three consecutive daily pullbacks, the EUR […]
Intermediate obstacle appears above 131.00
EUR / JPY is meeting some resistance around the 131.00 zone. A drop to recent lows near 129.50 is still within the means. The bullish moment of EUR/JPY seems to have hit a decent hurdle at the 131.00 zone so far this week. This resistance area coincides with the 100-day simple moving average (131.11). If […]
