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EUR/JPY Swings Sideways below the Level of 173.00

EUR/JPY Swings Sideways below the Level of 173.00

EUR/JPY Significant Levels Resistance Levels: 172.00, 174.00, and 176.00Support Levels: 164.00, 162.00, and 160.00 EUR/JPY Price Long-term Trend: Bullish The EUR/JPY exchange rate has started to rise again below 173.00. The Yen reached a peak of 173.90 in the most recent price movement. Buyers were unable to sustain the bullish momentum above the level of […]

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EUR/JPY Recovers Above the Level of 170.00

EUR/JPY Recovers Above the Level of 170.00

EUR/JPY Significant Levels Resistance Levels: 172.00, 174.00, and 176.00Support Levels: 164.00, 162.00, and 160.00 EUR/JPY Price Long-term Trend: Bearish The EUR/JPY pair rises to a high of 173.90 but falls below the level of 170.00. Buyers were unable to sustain the trend above the 174.00 level, reversing the positive momentum. The bears pulled the pair […]

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EUR/JPY Risks Falling Below Its Historical Price of 173.00

EUR/JPY Risks Falling Below Its Historical Price of 173.00

EUR/JPY Significant Levels Resistance Levels: 172.00, 174.00, and 176.00Support Levels: 164.00, 162.00, and 160.00 EUR/JPY Price Long-term Trend: Bullish The EUR/JPY exchange rate hit its all-time high of 173.00. Similarly, on July 8, 2024, the currency pair rose to a high of 173.68 before being repulsed. The moving average lines were breached by the Yen. […]

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The EUR/JPY Reaches an Overbought Level of 172.28

The EUR/JPY Reaches an Overbought Level of 172.28

EUR/JPY Significant Levels Resistance Levels: 172.00, 174.00, and 176.00Support Levels: 164.00, 162.00, and 160.00 EUR/JPY Price Long-term Trend: Bullish The EUR/JPY pair surges as it reaches an overbought level of 172.28. The currency pair has surpassed the forecasted price level of 171.31 and the Fibonacci retracement level of 1.618. However, the Yen has retraced and […]

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The EUR/JPY Rises Steadily Toward Its Target of 171.00

The EUR/JPY Rises Steadily Toward Its Target of 171.00

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: Bullish The EUR/JPY exchange is continuing its upward trend as it aims for its target of 171.00. In terms of price changes, the Yen has continuously maintained a string of higher highs and higher lows. The currency […]

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The EUR/JPY Soars as It Maintains Its Bullishness

The EUR/JPY Soars as It Maintains Its Bullishness

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: Bullish The EUR/JPY exchange rate maintains its bullishness while breaking above the expected price level. The Yen has been in a range-bound advance above level 161.00 and the resistance at 164.00 on the weekly chart. The positive […]

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The EUR/JPY Weakens as It Approaches Level 166.45

The EUR/JPY Weakens as It Approaches Level 166.45

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: Bullish The EUR/JPY exchange rate has risen steadily as it approaches level 166.45. The upward momentum has continued even though the price has surpassed its target. The Yen rose to a high of 166.68 in the preceding […]

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The EUR/JPY Reverts to Its Prior Point of 166.60

The EUR/JPY Reverts to Its Prior Point of 166.60

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: Bullish The EUR/JPY price has risen above the 164.00 barrier mark to reach its prior point of 166.60. The bullish momentum has peaked at 165.00. According to the price indicator, the Yen is probably going to continue […]

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The EUR/JPY Depreciates as It Faces Rejection at 164.00

The EUR/JPY Depreciates as It Faces Rejection 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 falls below the lines of the moving average as it faces rejection at 164.00. Although the Yen fell as low as 161.08, the bulls purchased the dips. The pair has surged above the moving […]

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