EURJPY Price Analysis – August 13 In the early hours of the American session on Friday, the EURJPY sustains its bounce from an intraday low of 129.36, returning to the prior day trading zone. The pair held steady on the broader EUR advance as Eurostat statistics revealed that the eurozone had a trade surplus of […]
EURJPY Price Analysis – August 6 Before finding buyers versus the Japanese Yen, the EUR continues to fall below the 130.00 level while searching for a solid rebound, the EUR/JPY traded as low as 129.58 at the time of this post. In July 2021, nonfarm payrolls in the United States may rise from 850K to […]
EURJPY Price Analysis – July 30 During the early European trading hours on Friday, the EURJPY surged somewhat. The pair has continued to rise from July 20 lows and is now on track to reach the 130.50 level. Although the Euro’s advances are constrained by the ECB’s outlook and anticipated mixed economic data. Key LevelsResistance […]
EURJPY Price Analysis – July 23 The EURJPY cross stays on track to recover the prior day’s loss after a rebound from the mid 129.00 level during Friday’s European session. The selling pressure in the yen keeps the recovery in EURJPY well and sound at the FX market weekly close. The ECB meeting has helped […]
EURJPY Price Analysis – July 16 On the strength of a mild selling tendency in the yen, EURJPY regains losses at the close of the week after recent pullbacks. Recovering past the 130.00 handles the overall sentiment for the cross is considered positive. The dollar continues to rise against the backdrop of improving US yields, […]
EUR/JPY has reached a strong support zone, so it could turn to the upside soon. The pair tries to escape from a minor down channel, a valid breakout could indicate a potential strong growth. The Japanese stock index has rebounded, that’s why the Yen has lost ground versus its rivals. The BOJ maintained its monetary […]
EURJPY Price Analysis – July 9 EURJPY regained its footing, aided by the resumption of the offered bias surrounding the greenback, which allows for euro gains. The pair manages to recoup some of its losses from the previous day’s low of 129.62. Furthermore, investors continue to favor the risk complex, which adds to the selling […]
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 […]
