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EUR/JPY Halts as It Faces Rejection at Level 148.00

EUR/JPY Halts as It Faces Rejection at Level 148.00

Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: BullishThe EUR/JPY has been rising since it soared to a high of level 147.62 but faces rejection at level 148.00. The current surge is projected to continue moving upward. The pair is once more testing the historical price level of […]

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EUR/JPY Enters the Overbought Zone as It Aims for 150.84

EUR/JPY Enters the Overbought Zone as It Aims for 150.84

Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: BullishThe EUR/JPY has broken through the resistance at level 145.00 as it aims for 150.84. Since March 1, the bulls have had trouble breaking through the resistance at level 145.00. On April 10, however, the bulls managed to overcome the […]

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The EUR/JPY Is Falling as It Encounters Resistance at Level 145.00

The EUR/JPY Is Falling as It Encounters Resistance at Level 145.00

Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: BullishThe EUR/JPY pair is in an uptrend as it encounters resistance at level 145.00. Following rejection from the recent high, the pair is in a minor retracement. The pair has been consolidating above 143.00 for the past 48 hours. On […]

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EUR/JPY Is in a Range but Risks Rejection at Level 143.73

EUR/JPY Is in a Range but Risks Rejection at Level 143.73

Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: BearishThe EUR/JPY pair is in an upward correction but risks rejection at level 143.73. At the time of writing, the Yen is trading at a level of 143.10. The moving average lines have now entrapped the currency pair. When the […]

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EUR/JPY Resumes Its Upward Trend but Remains Stuck at 144.50

EUR/JPY Resumes Its Upward Trend but Remains Stuck at 144.50

Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: BullishThe EUR/JPY pair is in the bullish trend zone but remains stuck at 144.50. Since February 13, the currency price has broken above the moving average lines, resuming an uptrend. A retraced candle body on the uptrend of February 22 […]

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