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EUR/JPY Recovers as It Hits Level 154.42 in a Downturn

EUR/JPY Recovers as It Hits Level 154.42 in a Downturn

Key Resistance Levels: 160.00, 162.00, 164.00Key Support Levels: 150.00, 148.00, 146.00 EUR/JPY Price Long-term Trend: BearishThe EUR/JPY pair has continued its descent into the area of the bearish trend as it hits level 154.42 in a downturn. The currency pair has been moving in a range between levels 157.00 and 158.50 since September 1. As […]

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EUR/JPY Is Stuck in a Range as It Confronts Resistance at 158.27

EUR/JPY Is Stuck in a Range as It Confronts Resistance at 158.27

Key Resistance Levels: 160.00, 162.00, 164.00Key Support Levels: 150.00, 148.00, 146.00 EUR/JPY Price Long-term Trend: BearishThe EUR/JPY  uptrend ended on August 31 as it confronted resistance at 158.27. The currency pair was caught between the moving average lines during its initial drop. This means that the Yen has been forced to trade sideways while caught […]

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EUR/JPY Remains inside Its Range as It Reaches 158.65

EUR/JPY Remains inside Its Range as It Reaches 158.65

Key Resistance Levels: 160.00, 162.00, 164.00Key Support Levels: 150.00, 148.00, 146.00 EUR/JPY Price Long-term Trend: Bullish The EUR/JPY pair is going in the right direction as it remains inside its range below the level of 158.65. The Yen is now gaining as it looks to break above the 21-day SMA. If the 21-day SMA is […]

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EUR/JPY Is Above Level 158.00 As the Recent Upswing Ends

EUR/JPY Is Above Level 158.00 As The Recent Upswing Ends

Key Resistance Levels: 160.00, 162.00, 164.00Key Support Levels: 150.00, 148.00, 146.00 EUR/JPY Price Long-term Trend: Bearish EUR/JPY currency pair is rejected at the 160.00 barrier zone as the recent upswing ends . The recent upswing has ended as the pair fell below the 21-day SMA. The currency pair has become entangled between the moving average […]

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EUR/JPY Is Above Level 158.00 As the Recent Upswing Ends

EUR/JPY Is Above Level 158.00 As The Recent Upswing Ends

Key Resistance Levels: 160.00, 162.00, 164.00Key Support Levels: 150.00, 148.00, 146.00 EUR/JPY Price Long-term Trend: Bearish EUR/JPY currency pair is rejected at the 160.00 barrier zone as the recent upswing ends . The recent upswing has ended as the pair fell below the 21-day SMA. The currency pair has become entangled between the moving average […]

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EUR/JPY Is Rising As It Battles to Stay Below 159.50

EUR/JPY Is Rising As It Battles to Stay Below 159.50

Key Resistance Levels: 160.00, 162.00, 164.00Key Support Levels: 150.00, 148.00, 146.00 EUR/JPY Price Long-term Trend: Bullish The currency pair resumed its positive trend as it battles to stay below 159.50. The bullish momentum has risen over the 159.00 support level. The Yen is being rejected at a high of 159.50. Since August 10, the pair’s […]

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EUR/JPY Resumes Its Horizontal Trend below 158.00

EUR/JPY Resumes Its Horizontal Trend below 158.00

Key Resistance Levels: 160.00, 162.00, 164.00Key Support Levels: 150.00, 148.00, 146.00 EUR/JPY Price Long-term Trend: Bullish The EUR/JPY pair is in decline as it resumes its horizontal trend below 158.00. Since June 27, buyers have been unable to maintain a positive trend above the 158.00 resistance level. The current pair has been bouncing below and […]

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