EUR / JPY continues to be driven by risk appetite and is approaching the highs for the year. Since the beginning of the week the cross has risen almost 200 pips and accumulates 450 from the November floor. The IR/ JPY remains strong after the breaking of the strong barrier on Tuesday at 125.00 and […]
Tag: EURJPY
EUR / JPY breaks above 125.00 and jumps to the maximum since mid-September
The euro soars against the yen on the back of the EUR / USD rally above 1.2000. The yen falls across the board affected by appetite for risk. The EUR/JPY it broke a key resistance area around 125.10 and jumped to 125.79, reaching the highest level since September 14. The pair is up over a […]
More gains are expected above 125.00
EUR / JPY is approaching the key barrier of 125.00 on Tuesday. In case of leaving this level behind, the next target is 127.00. The EUR / JPY left behind Monday’s negative tone and resumed its rise towards the key 125.00 zone. If this major hurdle is overcome in the short term, then there are […]
EUR / JPY well below the highs as the pair fails to set a new monthly high above 125.14
The EUR / JPY approached November highs at 125.14 and has since reversed sharply below the 125.00 level. However, the pair is still trading with reasonable gains on the day, as the JPY generally ends a bad month. The EUR/JPY it was within 1 pip of the equal monthly highs set on November 9 immediately […]
The 125.00 zone continues to slow the rises
EUR / JPY finally tests the 125.00 zone on Monday. If it exceeds 125.00, the next target is at 127.00. EUR / JPY joins Friday’s gains and is flirting with the 125.00 region, although it lost some for the moment after the first close. If this major hurdle is overcome in the short term, then […]
Ups face solid resistance around 124.50
EUR / JPY upside is hit hard at 124.50. In case of going bankrupt, the next target is seen at 125.00. The EUR / JPY recovery appears to have stalled at the 124.50 region so far this week, giving way to the correction. In case of exceeding that area, a visit to the monthly peaks […]
EUR / JPY recovers above 124.00, maintains daily losses
EUR / JPY is still capped at 124.50 and 125.00. The bullish momentum loses steam, the euro is back above 124.00. The EUR/JPY it is falling after gaining 150 pips in three days. It peaked slightly above 124.50 on Thursday, the highest level in two weeks before turning lower. It bottomed out at 123.90, a […]
Short-term probable consolidation
EUR / JPY once again finds resistance at the 124.50 area. Higher up is the key barrier at the 125.00 area. The EUR / JPY recovery appears to have stalled at the 124.50 region so far this week, opening the door for a short-term consolidation. If this area is exceeded, a visit should be allowed […]
EUR / JPY retreats from two-week highs towards 124.00
EUR / JPY cuts three-day streak with gains and falls back from highs in weeks. Among today’s highlights: the ECB minutes. The EUR / JPY fell to 124.08 marking a new low for the day and extending the pullback after rising hours ago to 124.56, the high in two weeks.. The drop marks the first […]
Euro points towards 125.00 resistance zone
The EUR / JPY rally extends above 124.00 and is approaching the 125.00 resistance area. The immediate support levels are 124.15 and the 50-day SMA at 123.60. The euro extended its uptrend against the Japanese yen on Wednesday, breaking above the 100-day SMA at 124.00, hitting two-week lows at the 124.50 zone. Technical indicators on […]
