EURJPY Price Analysis – July 2 The EURJPY sought to maintain on the prior day’s advances on Friday but remains flat. To allow for additional gains to the 133.00 neighborhood, the recovery needs to clear the mid 132.00 area. Euro stays stable due to positive economic statistics and the ECB’s hopeful outlook for the economy […]
EURJPY Price Analysis – June 25 EURJPY gathers buying to 132.45, attempting to cross over the mid-132.00 threshold. During the early Friday recovery moves, the pair is up 0.10 percent intraday, increasing for the fourth session in a row. Key LevelsResistance Levels: 133.50, 133.00, 132.50Support Levels: 13200, 131.50, 131.00EURJPY Long term Trend: RangingThe EURJPY continues […]
Key Support: 130.00 Key Resistance: 132.60 – 133.50 The EURJPY open and grinded lower to retest the 130.00 level (-0.66%) just to pick up buyers in the process and print new daily highs erasing all the daily losses in the process. This come to retests a massive previous key level. Throughout March 15th to April […]
EURJPY Price Analysis – June 11 The EURJPY currency pair is driven by downside pressure during the European session into the American session at the close of the week. During Friday’s trading, the exchange rate declined by 57 pips at the time of this post. The pair may continue to lose ground versus the Japanese […]
EURJPY Price Analysis – May 14 On Friday EURJPY pair, the euro surged 70 pips, or 0.45 percent, against the Japanese yen. The surge was supported by the overall positive sentiment surrounding the Euro on progressive vaccination of the eurozone and challenges of virus spread limiting the Japanese economy. Although at overbought zones at 132.84 […]
EURJPY Price Analysis – May 7 EURJPY regains its momentum and buying interest, continues to move north. If all other factors remain constant, the exchange rate is expected to rise further in the present trading session. The EURJPY pair’s possible goal may be above the 132.00 marks. The improvement in German 10-year Bond yields appears […]
EUR/JPY was into a corrective phase after reaching the 132.36 level. It has declined as much as 130.98 where it has found support again. Now it has rebounded jumping above the immediate downtrend line signaling that the swing lower could be over. Euro could resume its appreciation if the German Factory Orders and the Euro-zone […]
EURJPY Price Analysis – April 30 After reaching fresh yearly highs at the 132.36 level during Thursday’s trading session, the EURJPY is trading on the defensive. It has taken positive steps almost throughout April. EURJPY stays under pressure amid weak German GDP shrinking by 1.7 percent in the first quarter, which was worse than predicted. […]
EURJPY Price Analysis – April 23 The EURJPY pair increased by 47 pips or 0.30% against the Japanese Yen towards the end of the week on Friday. As EUR edges higher, further consolidation appears to be on the cards in the near term, based on recent price action. ECB says its improving eurozone data, Lagarde […]
