EUR JPY hits new yearly highs near 131.70. Rising US yields keep the yen offered so far. The FOMC is expected to leave the policy unchanged. Determined selling pressure on the Japanese yen continues to drive up the EUR/JPY, this time towards new 2021 highs in the area of ​​131.65 / 70. EUR / JPY […]
Tag: EURJPY
Next level to look up comes at 131.98
The EUR / JPY set new highs for the current year around 131.70. Higher up it points to the 2018 high near 132.00. EUR / JPY extends post-breakout rally above April consolidation and hits new 2021 highs at 131.65 / 70 band on Wednesday. The cross manages to outrun the recent range consolidation issue and […]
The next target is at 131.00
EUR / JPY extends the upside to the 130.80 region. On the upside, the current year’s maximum appears close to 131.00. EUR / JPY adds to the recent rally and is slowly approaching the key 131.00 zone. The current price action suggests that further consolidation is still in play in the near term, although a […]
EUR / JPY retreats from highs near 130.70
EUR / JPY reverses the initial pessimism and advances to 130.70. Rising US yields favor further JPY selling on Monday. Durable goods orders from the US expanded 0.5% month-on-month in March. The recovery in US yields motivated JPY sellers to return to the markets and push the EUR/JPY to new multi-day highs in the region […]
2021 highs remain the next target
EUR / JPY partially reverses Friday’s strong rally. Next up target is at this year’s highs near 131.00. EUR / JPY lost some of the bullish momentum, although it manages well to stay above 130.00 so far on Monday. The current price action suggests that further consolidation is still in play in the near term, […]
EUR / JPY falls slightly and remains sideways above 130.00
Yen loses moment to rise in Treasury yields on Monday. EUR / JPY maintains the consolidation outlook, around 130.00. The EUR / JPY reached hours ago at 130.59, the highest level in six days, before retreating and falling to 130.20. It is trading at 130.30, in barely negative territory for the day, continuing the lateral […]
EUR / JPY remains positive near 130.00
EUR / JPY manages to reverse the initial drop to 129.60. Lower US yields weigh on the dollar and push the yen higher. EMU, Germany’s flash manufacturing PMI surprised to the upside. Despite mounting buying pressure around the Japanese yen, the EUR/JPY it manages well to keep daily gains close to the key hurdle of […]
EUR / JPY Price Analysis: No change in range trading
EUR / JPY regains some composure after four consecutive daily pullbacks along with the 130.00 zone. The current price action suggests. Donald WestbrookDonald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that […]
EUR / JPY Price Analysis: Range Unchanged
EUR / JPY recovers 130.00 and rises lows on Thursday. The next upside target is current year’s highs near 131.00. EUR / JPY manages to reverse three consecutive daily setbacks so far and picks up the 130.00 level, having hit yearly highs just below 131.00 on Tuesday. The current price action suggests that further consolidation […]
EUR / JPY returns above 130.00 and marks daily highs before the ECB
Euro rises against the pound and the yen ahead of the ECB meeting. EUR / JPY remains in the range of the last few days, without moving away from 130.00. The EUR / JPY rebounded from the 129.85 area and rose to 130.22, marking a new high for the day. It remains close to the […]
