EUR / JPY is moving higher towards the 130.00 zone. The 2021 highs in the 130.65 / 70 band emerge as the next hurdle. EUR / JPY reverses recent weakness and manages to climb past the key 1300.00 barrier. The recovery remains healthy and an attempt to test the 2021 high at 130.66 (March 18 […]
Tag: EURJPY
EUR / JPY retraces below 130.00
Weakened euro, puts downward pressure on EUR / JPY. The cross corrects after hitting a two-week high on Friday. EUR / JPY is retreating on Monday, continuing the pullback from two-week highs reached on Friday.. The price fell below 130.00 and bottomed out at 129.82. It remains close to the lows, with a bearish bias. […]
Possibility of a move to annual highs
EUR / JPY maintains the unfinished range above the 130.00 level. The 2021 highs in the region of 130.65 / 70 emerge as the next hurdle. EUR / JPY remains above the key barrier of 130.00 at the end of the week. The recovery looks healthy and after recovering the intermediate level of 130.00, the […]
With room for a move towards the 2021 highs
EUR / JPY extends the rises and revisits 130.00. The next potential target on the upside is the 2021 high at 130.66. EUR / JPY is trading at weekly highs and finally picks up key resistance around the 130.00 zone. The recovery still looks healthy and a daily close above 130.00 should pave the way […]
Higher up it points to yearly highs near 130.70
EUR / JPY manages to climb back to the 130.00 region. The 2021 highs near 130.70 appear as the next target on the upside. The EUR / JPY cross extends Tuesday’s gains and flirts with the key barrier at the round level of 130.00 on Wednesday. The recovery appears firm and initially targets the intermediate […]
The recovery continues to point to 130.00 and more
EUR / JPY reverses Monday’s decline and regains the 129.50 region. The 2021 highs near 130.70 appear as the next target. The EUR / JPY cross leaves Monday’s retracement behind and advances above the 129.00 level on Tuesday. The recovery appears firm and initially targets the intermediate hurdle at the 130.00 level, followed by the […]
Possibility of additional earnings as long as it remains above 128.00
EUR / JPY retraces Friday’s advance and falls below 129.00. The 128.00 region is expected to support the decline. The EUR / JPY cross starts the week with a soft tone, although it manages to recover from the previous daily lows reached in the region of 128.85 / 80. Meanwhile, as long as the cross […]
Decent support emerges around 128.30
A further recovery now points to the key level of 130.00. EUR / JPY regains some strength after bottoming out at multi-week lows around 128.30 on Friday. Meanwhile, as long as the cross navigates above the 127.75 / 80 band, where the 50-day SMA and the short-term support line coincide (from the November low), more […]
EUR / JPY Price Analysis: A further decline remains on the table
The EUR / JPY cross regains some traction after bottoming out at multi-week lows around the 128.30 level on Wednesday. Momentum . 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 […]
Next bearish target appears at 127.80
EUR / JPY remains on the defensive below 129.00. Further weakness could see the 127.80 area tested again in the near term. EUR / JPY extends bearish rally on Wednesday, below 129.00 support. The bullish momentum now appears dented and a deeper pullback at the cross could lead to a new visit to the 127.75 […]
