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The EUR/JPY Marginally Drops as It Hits the 163.00 Barrier

The EUR/JPY Marginally Drops as It Hits the 163.00 Barrier

EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY pair resumes its decline as it hits the 163.00 barrier. On April 7, the currency pair recovered and broke above the moving average lines. The bullish momentum was stopped by the 50-day SMA. Today, […]

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The EUR/JPY Continues to Trade In a Range Below 162.00

The EUR/JPY Continues to Trade In a Range Below 162.00

EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY pair has risen but continues to trade in a range below 162.00. Since August 12, the bulls have been unable to breach above level 164.00. At the most recent high, the bullish momentum was […]

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The EUR/JPY Loses Ground as It Risks Falling to 157.61

The EUR/JPY Loses Ground as It Risks Falling to 157.61

EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY pair pauses above 158.58 as it risks falling to 157.61. The bearish momentum was confined above the 50-day SMA even though it broke below the moving average lines. The price suggestion, however, suggests that […]

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The EUR/JPY Depreciates at the Level 164.00 Barrier

The EUR/JPY Depreciates at the Level 164.00 Barrier

EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY pair has been stuck between the moving average lines at the level 164.00 barrier. The currency pair will trend when the moving average’s lines are violated. The Yen will move sideways within a small […]

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The EUR/JPY Rebounds and Peaks at 164.00

The EUR/JPY Rebounds and Peaks at 164.00

EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY pair has been trading sideways but rebounds and peaks at 164.00. On March 5, the bullish momentum breached the moving average lines and reached level 164.00. The currency pair has reverted to its range […]

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The EUR/JPY Moves Laterally above Level 156.00

The EUR/JPY Moves Laterally above Level 156.00

EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY pair is still drifting laterally but above Level 156.00. The currency pair has dropped to its lower price range for the seventh time. The bulls were thwarted when they tried to break through the […]

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The EUR/JPY Remains Within Its Range Despite Its Decline 

EUR/JPY Remains Within Its Range Despite Its Decline 

EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY pair remains within its range after hitting the 21-day SMA barrier. The value of the Yen has been rising since it fell to 156.00. The bullish momentum was repelled by the moving average lines, […]

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The EUR/JPY Maintains a Range-Bound Trend above 156.00

The EUR/JPY Maintains a Range-Bound Trend above 156.00

EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY pair continued its range-bound trend above 156.00. Since January 16, the currency pair has been trading inside a limited range between 160.00 and 164.00. The negative trend retested level 160.00 after breaking below it […]

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The EUR/JPY Declines as It Returns to Level 156.00

The EUR/JPY Declines as It Returns to Level 156.00

EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY pair is now trading in a narrow range between levels 160.00 and 164.00 as it returns to level 156.00. The upward moves have thrice been repelled by the resistance at level 164.00. On January […]

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