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EUR/JPY Oscillates as It Reaches Its Top at 164.00

EUR/JPY Oscillates as It Reaches Its Top at 164.00

EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY pair rallies above the moving average lines as it reaches its top at 164.00. The currency pair has earlier fallen as low as level 159.72 before rising again. The Yen was range-bound between levels […]

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EUR/JPY Falls as It May Return to Level 154.74

EUR/JPY Falls as It May Return to Level 154.74

EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY exchange rate is trending sideways as it may return to the level of 154.74. The currency pair saw an upward correction on January 7, however, it was rebuffed at its peak of 164.54. The […]

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EUR/JPY Moves above 161.00 As It Begins to Rise

EUR/JPY Moves above 161.00 As It Begins to Rise

EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY pair falls below the moving average lines and begins to rise. The currency pair has been producing a string of higher highs and higher lows in the preceding price action. The uptrend stopped after […]

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The EUR/JPY Declines to Its Range above 161.00

The EUR/JPY Declines to Its Range above 161.00

EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY exchange rate declines to its range above 161.00 after hitting the resistance level at 165.00. Since August 5, 2024, the Yen has been moving in a band between 156.00 and 166.00. The 21-day SMA […]

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EUR/JPY Risks Decline as It Faces the 164.00 Barrier

EUR/JPY Risks Decline as It Faces the 164.00 Barrier

EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY currency pair has surged above its moving average lines as it faces the 164.00 barrier, reaching a high of 164.63. The pair is gaining while maintaining a sideways trend. The pair is in a […]

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EUR/JPY Revisits Level 166.00 within Its Defined Range

EUR/JPY Revisits Level 166.00 within Its Defined Range

EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY currency pair is correcting upward within its defined range. Since August 5, the Yen has remained between levels 156.00 and 166.00. Today, the Yen broke above the moving average lines and achieved a high […]

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EUR/JPY Trades in a Narrow Range Above 160.00

EUR/JPY Trades in a Narrow Range Above 160.00

EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY currency pair is correcting upward while remaining in a narrow range above 160.00. The bullish momentum broke above the moving average lines but was halted by the 50-day SMA. The currency price is caught […]

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EUR/JPY Maintains Its Range but Risks Decline Below Level 156.00

EUR/JPY Ranges but Risks Decline Below Level 156.00

EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Bearish The EUR/JPY currency pair has been falling below the moving average lines but risks decline below level 156.00. Buyers tried to keep the price above the moving average lines but were unsuccessful. The Yen has remained […]

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EUR/JPY Drops but Encounters a Hurdle at Level 154.00

EUR/JPY Drops but Encounters a Hurdle at Level 154.00

EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00EUR/JPY Price Long-term Trend: Bearish The EUR/JPY currency pair has been declining but encountered a hurdle at level 154.00. The pair broke below the moving average lines, reaching a low of 156.38. The currency pair is likely to continue its drop below […]

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