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EUR/JPY Is in a Horizontal Trend, with Resistance at 158.00

EUR/JPY Is in a Horizontal Trend, with Resistance at 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 is rising and trading above the moving average lines with resistance at 158.00. The rising price movement, however, has ceased since June 27. Since then, the pair has resumed a sideways trend below the 158.00 mark. The […]

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EUR/JPY's Bullish Run Ends as It Hits Level 158.00

EUR/JPY’s Bullish Run Ends as It Hits Level 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 advance has ended as it hits a level 158.00 since June 27. The bulls retested the resistance level on July 21 but were repulsed. The currency pair has completed a retracement between the moving average lines. As […]

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EUR/JPY Loses Ground as It Hit a Low of Level 153.00

EUR/JPY Loses Ground as It Hit a Low of Level 153.00

Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: Bullish The EUR/JPY pair is seeing selling pressure as it hit a low of level 153.00 . Since June 27, the currency pair has been trading in the overbought zone. It has dipped above the moving average lines as a […]

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The EUR/JPY Surges As It Targets Level 158.42

The EUR/JPY Surges As It Targets Level 158.42

Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: Bullish The EUR/JPY currency pair has begun to move upward as it targets level 158.42. The Yen is rising, reaching a high of 155.18.The currency pair’s price indicator is rising even more. A retraced candle body on the uptrend of […]

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