Key Support Levels: 129.00, 128.00, 126.00Key Resistance Levels: 132.00, 133.00, 134.00 EUR/JPY Price Long-term Trend: BearishThe EUR/JPY pair is currently falling as it challenges level 141.00. The currency pair is experiencing an upward correction after hitting a new low at a level of 137.38. Since January 4, the pair has been fluctuating below the resistance […]
Key Support Levels: 129.00, 128.00, 126.00Key Resistance Levels: 132.00, 133.00, 134.00 EUR/JPY Price Long-term Trend: BearishThe EUR/JPY pair is in a decline as it reaches the overbought region at level 140.83. The currency pair has reached a new low at a level 137.38 and is now undergoing an upward correction. The pair has been making […]
Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: BearishThe price of the EUR/JPY pair has fallen below the moving average lines, with a target of 134.16. Buyers have been attempting to break the overhead resistance at level 146.00 since October 2022. Buyers failed to maintain the price above […]
In the previous trading period, EUR/JPY lost all its gathered profits since late September this year. Nevertheless, in this ongoing session buyers seem to have brought about a recoup of a very small fraction of the incurred losses. Will more recovery be recorded? Let’s further examine the market to that effect. Important price Levels: Resistance […]
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 trading above the moving average lines as it regains bullish momentum. On December 16, after reaching a peak of level 146.59, the pair was rejected. Yesterday, the Yen price fell and the moving average lines were […]
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 now trading in the bearish trend zone as it declines to a level of 142.42. The duo was repulsed on December 12 after reaching a high of level 145.32. The moving average lines were broken and […]
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 rising again as it targets level 148.00. After pulling back, the Yen rose back above the moving average lines. The high of level 148.00 is probably within reach given the current bullish trend. On May 9, […]
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 has been moving downward as it challenges level 144.00. There had been a string of lower highs and lower lows for the Yen. It made an upward correction on December 8 but was stopped around level 144.00. […]
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 decline at level 146.00. The pair has been trading between the moving average lines ever since the price collapse on November 9. The 21-day line SMA is where the upward […]
