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EUR/JPY May Continue To Tumble To Level 156.00

EUR/JPY May Continue To Tumble To 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 fallen and may continue to tumble to level 156.00. The pair has been on an upward trend since September 17. The bullish momentum broke above the moving average lines, rallying to […]

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The Eur/Jpy Falls but Remains Above Level 162.60

The EUR/JPY Falls but Remains Above Level 162.60

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: Bearish The EUR/JPY currency pair declines below the moving average lines but remains above level 162.60. The slide was halted by the 50-day SMA. The 21-day SMA resistance has slowed the upward momentum. Currently, the Yen will […]

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The EUR/JPY Stalls but Remains Stable around 166.50

The EUR/JPY Stalls but Remains Stable around 166.50

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 currency pair trades above the moving average lines but remains stable around 166.50. On October 30, the uptrend stalled as the Yen was compelled to move sideways. The Yen fell to level 164.00 before […]

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EUR/JPY Remains above 166.00 and Is Steadily Rising

EUR/JPY Remains above 166.00 and Is Steadily Rising

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 currency pair is steadily rising above the resistance at level 166.00. Since October 27, the increasing trend has stalled at level 166.00, causing it to fluctuate below the recent high. On October 30, the […]

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EUR/JPY Pauses above Support and Aims for Level 176.00

EUR/JPY Pauses above Support and Aims for Level 176.00

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 currency pair has broken above the moving average lines and aims for level 176.00. The bullish momentum crossed above the moving average lines twice before establishing a bullish trend. For example, the pair was […]

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EUR/JPY Exhibits Bearish Fatigue as It Remains above 158.00

EUR/JPY Exhibits Bearish Fatigue as It Remains above 158.00

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 remains above 158.00 after the August 5 price decline. The selling pressure subsided as the currency pair entered a sideways trend between levels 158.00 and 164.00. Since August 15, the rising trend […]

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The EUR/JPY Bounces as It Recovers Above Level 154.41

The EUR/JPY Bounces as It Recovers Above Level 154.41

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 pair has hit bearish exhaustion as it recovers above level 154.41. On August 5, bulls bought the dips and resumed their upward correction. The upward corrective encountered resistance at the 21-day SMA. On the […]

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