EUR / JPY hit new 2021 highs near 130.40 on Friday. Overbought conditions could trigger a downward correction. EUR / JPY advanced even further and finally passed the 130.00 barrier to mark new yearly highs near 139.40 early in the session. While the crossover quickly faded, the bullish bias still holds. That said, it seems […]
Tag: EURJPY
The 130.00 level is just around the corner
The EUR / JP rise reaches the 129.85 zone on Thursday. Then, to the upside, the 2021 highs emerge near 130.00. EUR / JPY rises for the third consecutive session and consolidates the recent break of the 129.00 barrier. The bullish tone continues to dominate for the moment and points to the 2021 highs just […]
Looks neutral / bullish in the short term
EUR / JPY adds more gains to yesterday’s above 129.00. Then, on the upside, the highs of this year appear near 130.00. EUR / JPY extends the weekly recovery beyond the 129.00 level on Wednesday, but without breaking recent highs. While more consolidation seems likely in the very near term, the bulls still appear to […]
EUR / JPY reverses recent losses and picks up 129.00
EUR / JPY regains its smile above 129.00. US yields lose momentum and weigh on the dollar. Flash GDP for the fourth quarter of EMU stood at -0.7% quarter-on-quarter, -4.9% year-on-year. The moderate downward correction in US yields sent the dollar jolted and triggered a rally in the risk space on Tuesday. EUR / JPY […]
EUR / JPY Price Analysis: Focus shifts to 130.00 … again
EUR / JPY manages to regain some composure after two consecutive daily pullbacks on Tuesday. The softest shade around the. 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 resonates […]
Potential consolidation before additional earnings
EUR / JPY extends the slide below the 129.00 level. Monthly lows in the 128.20 area should provide initial support. EUR / JPY continues to correct lower after last week’s rejection from the 129.60 region, where the monthly highs are. The firmer note around the dollar weighs on the single currency and motivates the EUR […]
EUR / JPY firm, targeting yearly highs around 130.00
EUR / JPY extends gains to the 129.60 region on Friday. Rising US yields keep the selling mood unchanged around the yen. US nonfarm payrolls will take center stage later in the American session. Rising US yields hold up the sell bias and sound around the Japanese yen well and motivate the EUR/JPY to extend […]
The move is still targeting the 130.00 region
EUR / JPY extends the move above the 129.50 level on Friday. Higher up are the 2021 highs near 130.00. The EUR / JPY cross maintains its upward movement for another day and advances to the zone of weekly highs, in the region of 129.50 / 60, during the European session on Friday. As the […]
EUR / JPY maintains offered bias above 129.00
EUR / JPY adds to recent gains above 129.00 on Thursday. The selling mood in the Japanese yen supports the cross. Initial US claims, Powell is next high on the economic agenda. The continuation of the selling bias in the Japanese yen gives additional wings to the EUR/JPY past 129.00 in the second half of […]
New bullish impulses trigger target at 130.00
EUR / JPY extends bullish momentum beyond 129.00. Immediately to the upside comes the maximum of this year near 130.00. The EUR / JPY weekly recovery remains strong and solid for yet another session and manages to break the key barrier at 129.00. Should the bullish tone persist, then the next target should emerge at […]
