EUR / JPY extends consolidation above 126.00. Next upside target appears at the 2020 high near 127.20. The EUR / JPY extends the consolidation tone above the 126.00 level for yet another session, at the start of 2021. The cross remains sideways since December with the rises so far capped by the 2020 high near […]
Tag: EURJPY
EUR / JPY extends pullback after failing to 127.00
Euro cuts weekly gains against the yen on Thursday. EUR / JPY is on its way to close the year with a 3.65% rise He EUR / JPY is falling on Thursday after rising in the previous three days and hitting a year-and-a-half high at 127.22. In the American session, the price is operating at […]
Bullish, still unable to move above 127.00
EUR / JPY is declining after hitting 127.22 on Tuesday, the highest level since February 2019. The outlook favors more gains for the euro, which should stay above 127.00. The pair EUR/JPY it is retreating from the highest levels since 2019 and after failing to stay above 127.00. The correction found support at 126.45 and […]
EUR / JPY tests 2020 highs above 127.00
EUR / USD rally propels EUR / JPY which is testing levels above 127.00. Stock seems set to break an important barrier. EEUR / JPY rose to 127.06, just shy of the 2020 high recorded in August. The euro is testing an important barrier that is located around 127.00. If confirmed above, it would be […]
Bulls challenge multi-week trading range hurdle, around 126.70
EUR / JPY gained strong positive traction and rose to resistance from the multi-week trading range. The setup appears tilted in favor of bullish traders and supports the prospects for additional earnings. The crossing EUR/JPY it gained strong positive traction on Monday and rose to week-long highs around the 126.75 region during the middle of […]
EUR / JPY still holding above 126.00 amid risk appetite
EUR / JPY has again found support at the 126.00 level and amid enhanced risk appetite is currently trading at 126.20. However, if the Covid-19 situation materially worsens in the EU, a downside break is expected. He EUR/JPY crashed on Tuesday, and markets at the time felt gloomy from the latest updates from Europe regarding […]
EUR / JPY finds support above 126.00, remains in range
EUR / JPY loses strength after failing to exceed 127.00 last week and after falls in stocks. Yen with limited rises despite the crash in stocks. He EUR / JPY is trading panas below 126.50, close to the level where it closed last week. The cross recovered after having fallen towards 126.00 hours ago in […]
EUR / JPY retreats from highs in months after failing to break 127.00
EUR / JPY trim gains later after breaking 126.60. Wall Street turns negative and pressures EUR / JPY down. He EUR / JPY rose to 127.01, the highest intraday level since September 1 and then undertook a retracement to the 126.50 / 55 zone. The drop was driven by a decline in stocks on Wall […]
EUR / JPY extends lateral movement in a two-week range around 126.00
EUR / JPY continues to struggle to find direction. Eurozone data showed an ongoing expansion in the manufacturing sector. The optimistic mood of the market does not allow the JPY to strengthen. After closing in negative territory on Tuesday, the EUR/JPY It rose slightly on Wednesday and was last seen posting small daily gains at […]
EUR / JPY falls back after failing to exceed 126.60
EUR / JPY continues in consolidation mode in the very short term, with an upward trend. Optimism in markets continues to support the crossing. EUR / JPY is trading unchanged on Tuesday around 126.30 / 35, after having risen to 126.60. The 126.60 / 70 area remains a key resistance, which is holding back the […]
